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Geely Automobile: polar krypton won US $500 million for investment, and Ningde times and other investors participated in the investment

On August 27, Geely Automobile Holding Co., Ltd. (Geely Automobile, 0175. HK) announced that extremely krypton intelligent technology had signed a share purchase agreement with five investors. The investors are Intel investment company, Ningde times, Hongshang Industry Holding Group Co., Ltd., BiliBili related investors and Boyu investment < p > krypton smart technology agreed to issue and allot a total of about 126 million pre-A series preferred shares to investors at a total price of US $500 million < p > it is announced that 126 million pre-A series preferred shares will account for about 5.6% of the expanded issued share capital of krypton intelligent technology. After the pre-A round of financing is completed, Geely Automobile's equity in krypton intelligent technology will be reduced from 51% to about 48%. However, since Geely Automobile is still the single largest shareholder of krypton intelligent technology and can still control the board of directors of krypton, Geely Automobile will continue to control krypton intelligent technology and incorporate its financial results into the consolidated financial statements < p > Geely Automobile said that the introduction of investors recognized in their respective industries is conducive to improving the market image of krypton intelligent technology. After that, Geely Automobile will continue to seek suitable investment from other investors to develop the business of krypton intelligent technology < p > on June 25, 2021, Geely Automobile announced that the board of directors of extreme krypton decided to explore different external financing schemes for the sustainable development of extreme krypton intelligent technology < p > < p > on March 23 this year, polar krypton intelligent technology was officially announced. Polar krypton is jointly invested by Geely Automobile and Geely Holding Group (including employee follow-up investment platform and user equity platform), of which Geely Automobile holds 51% and Geely Holding Group holds 49%. Li Shufu, chairman of Geely Holding Group, served as chairman of krypton intelligent technology, and an Conghui, President of Geely Automobile Group, served as CEO of krypton intelligent technology < p > Geely officially released zeekr 001, the first mass production model of krypton brand, on April 15, 2021, announcing Geely's entry into high-end electric vehicles. It is reported that due to limited production capacity, the 2021 deliverable orders of zeekr 001 have been sold out, and delivery is expected to begin in October 2021 < p > Geely Automobile said that in the next three years, krypton will launch six new models; By 2025, the sales volume will reach 650000, ranking the top three in the world in the market share of high-end electric vehicles
2023-03-22 10:04:42

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