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

Thanks to CTOnews.com netizen Jiayi for your clue delivery! CTOnews.com October 20 news, Jianghuai Automobile recently announced that the company plans to transfer some of its assets through public listing, involving the inventory of the three factories of the passenger car company, fixed assets, projects under construction, buildings and land use rights, and the structure and equipment assets of the Xinqiao factory of the passenger car company, with a proposed listing price of 4.498 billion yuan.

According to the Daily Business News today, the two factories involved in the asset transfer (three factories and Xinqiao factory) are the two factories that Jianghuai and Weilai cooperate with: Jianghuai Weilai advanced manufacturing base (F1 factory) and the second advanced manufacturing base (F2 factory). Weilai responded to the media on the matter, saying that "the company has known the relevant information about the partners and confirmed that the action will not affect the company's next production and operation activities," and said that the company will communicate with the relevant issues at an appropriate time.

According to the report, people familiar with the matter, who spoke on condition of anonymity, said that Xilai is expected to acquire the above Jianghuai auto assets and further seek independent production qualifications. He believes that if the move is successful, it will be a "great boon" for Weilai.

CTOnews.com previously reported that in December last year, JAC announced its intention to acquire project assets (including equipment and tooling assets) held by Lailai Automobile (Anhui) Co., Ltd., with an estimated transaction price of 1.704 billion yuan.

As early as 2018, Li Bin, CEO of Xilai, said, "the Porsche factory is definitely not as good as the Jianghuai factory. Don't think I'm talking nonsense, because I've visited it."

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