Shulou(Shulou.com)11/24 Report--

CTOnews.com news on January 29, Lantu Automotive Technology Co., Ltd. (hereinafter referred to as "Lantu Automobile") has undergone industrial and commercial changes. shareholders have added Bank of China Financial assets Investment Co., Ltd., ICBC Financial Asset Investment Co., Ltd., Ganfeng Lithium Industry, and so on, and their registered capital has increased from 2.61 billion yuan to about 3.085 billion yuan.

Prior to this, Lantu Automobile disclosed the capital increase project at the Shanghai United property Exchange to raise funds: to support the strategic layout of the company, enhance the competitiveness of enterprises, and focus on the development of the company's main business.

Lantu Automobile was founded in June 2021, and its legal representative is you Zheng. The financing process shows that in November 2022, the company received round A financing from China's state-owned enterprise mixed reform fund, ICBC Investment, Ganfeng Lithium Industry and other companies.

CTOnews.com learned that from January to December 2022, Lantu delivered a total of 19409 new cars, an increase of 185.8 per cent over the same period last year. In terms of sales channels, as of December 31, 2022, Lantu has opened 198 stores across the country, including 140 Lantu Space, 1 Lantu flagship store, 57 Lantu delivery service centers, and a sales and service network covering 88 cities around the world. It is estimated that in 2023, the number of Lantu sales and service stores will increase to 398, covering 120 cities.

Lu Fang, CEO of Lantu Automobile, recently released a "letter to all employees." Lu Fang mentioned in the letter that in terms of technology, in addition to having the SOA structure, Lantu will launch 800V high voltage fast charging, hydrogen power and other related products one after another.

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