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

News of the merger agreement between Weima and Happy Motor began to spread, and the news that Jia Yueting FF (Faraday Future) had set up a new company in China to acquire the Weimar Huanggang plant also attracted a lot of attention recently.

Although FF reached a cooperation agreement with the Huanggang municipal government at the beginning of the year, it sounds totally unrealistic for FF to eat the Weima factory, which is also located in Huanggang.

Jia Yueting did not return to China, but FF first went back to China to build momentum.

In January this year, FF signed a cooperation agreement with Huanggang City Government to relocate FF China headquarters to Huanggang City, while retaining its global headquarters in Los Angeles, California. Huanggang City Government will provide funding and policy support for FF.

At that time, there was a voice: FF's move was intended to get close to Weimar, let Weima work for it, and invigorate Weimar's Huanggang factory.

On August 17, FF completed the industrial and commercial registration of French Automobile (Hubei) Co., Ltd., with a registered capital of US $100 million (equivalent to RMB 728 million), which is wholly owned by FF Hong Kong Holding Limited. It is worth noting that the registration places of French Automobile (Hubei) and Weimahuanggang Factory (Company) are located at No. 1 Gaoxin Avenue, Huangzhou District, Huanggang City, 6 kilometers apart.

At this time, there is an even more outrageous statement: FF is suspected of buying the Weimar Huanggang factory, and Weimar is also willing to sell.

Buy the Weimar factory? No way. Absolutely not.

At present, Weima Automobile has two major automobile factories in Wenzhou and Huanggang, and holds the production qualifications of cars, SUV and MPV. The total investment of the Huanggang factory project is about 20.2 billion yuan.

However, since Weimar encountered operational problems, the Huanggang factory began to be idle, and the outside world continued to pay attention to when Weima will be able to resume work and production.

As a result, after FF settled in Huanggang, there came the voice of looking for Weimar OEM and purchasing Weima Huanggang factory. In fact, from a financial point of view, it is impossible for FF to buy Weimar factory.

According to the data, FF reported that as of the end of the second quarter, the total current assets were 106 million US dollars and the total cash was only 17.89 million US dollars. The Weima Huanggang factory is worth 10 billion yuan. With this money in FF's hand, he wants to buy the Weima Huanggang factory. Who is daydreaming?

Moreover, Shen Hui, founder, chairman and CEO of Weimar, clarified as early as March 1 this year when he was interviewed by China Entrepreneur: "Weimar has no communication with FF, and we do not know much about the cooperation between FF and Huanggang government." In addition, according to Weimar's recent departure employees, so far, Weimar and FF still do not have any contact.

Huanggang: I seem to have been fooled by the old man.

It is said that the Huanggang municipal government welcomed the establishment of the FF project at first. Hubei Province, as a major province of automobile manufacturing industry, Dongfeng Group, BYD, Guangzhou Automobile, Great Wall Tank and other car companies have set up factories in Shiyan City, Wuhan City, Xiangyang City, Yichang City and Jingmen City.

The brothers have all eaten meat. Can the Huanggang municipal government not be in a hurry? It's just that after the Huanggang municipal government began to introduce FF, according to the current developments of FF, it can't help but make people think: FF, are you here to fool people?

In 2017, Jia Yueting became CEO of FF, harvesting capitalists around the world with a PPT. Over the past five years, Jia Yueting has made no substantial progress in building cars, but round after round of financing, but what about cars? Even though FF91 claims to be delivered this year, it is still full of tricks.

FF in the stronghold of the American market has not been officially mass production for five years, can Huanggang still expect Lao Jia to start selling in China first, and talk about how the project will be landed in Huanggang?

You know, Lao Jia has been saying "return to China next week" for five years!

Lao Jia: did you see through it?

Since FF's funds cannot afford to buy a Weima factory, Weima has not been in contact with FF, and with Jia Yueting's reputation, it is impossible for FF to get a car-building qualification in China, so what are FF and Huanggang talking about? Also registered with the Hubei company to do so vigorously.

Now that the author has seen through it, let's say it. Don't forget Jia Yueting's housekeeping skill-- circle money! In fact, FF and Huanggang municipal government cooperation negotiations have a start, it doesn't matter whether the deal is done or not, his goal is to get more financing.

In this way, Lao Jia will be able to cheat with investors in the US capital market: I'm going back to China to build a factory, and there's a scramble for me to go back and build a car. If you don't give me an investment, you won't have the chance!

Throughout Jia Yueting's car financing experience in recent years, it is an endless cycle of "imminent delivery-delayed delivery-asking for money-imminent delivery-asking for money". The mood of the capital market has always been "listening to the wind is the rain". After all, the investment in the US capital market does not understand the pattern of China's domestic new energy vehicle market, nor is it clear about the details of China's domestic car-building qualifications. therefore, American capitalists can always be fooled by the old man.

In short, it is impossible for FF to buy the Weimar factory, and it is impossible for Weima to sell the factory to anyone with the qualification to build a car. Jia Yueting's car-building slogan is very loud, but in fact, financing to gain benefits is the goal. If you really put your mind on car-building, how can FF not be officially delivered for more than 5 years? after all, the new forces of Chinese car-building in the same period have already delivered more than 100000 cars.

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