Jingwei Co., Ltd.: Shenzhen Wuzhou Dragon restructuring ongoing 10GWh lithium battery project is under construction

Published: Dec 8, 2021 09:30
Source: Battery net
[Jingwei shares: Shenzhen Wuzhoulong restructuring ongoing 10GWh lithium battery project is under construction] Jingwei shares announcement, the company's shareholding company Shenzhen Wuzhoulong carries out internal restructuring based on the need for subsequent asset revitalization and investment recovery. After the reorganization, the proportion of Shenzhen Wuzhoulong shares held by the company was adjusted to 45.6%.

On December 7th, Jingwei (002662) issued an announcement that Shenzhen Wuzhoulong Automobile Co., Ltd. (referred to as "Shenzhen Wuzhoulong"), the company's shareholding company, carried out internal restructuring based on the need for subsequent asset revitalization and investment recovery.

Specifically, according to the current situation of Shenzhen Wuzhou Dragon, according to the overall valuation of Shenzhen Wuzhou Dragon, Ningbo Fenghua Zhiyun Zhide Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Zhiyun Fund") actually paid 100 million yuan to calculate and adjust the proportion of shares held by Zhiyun Fund in Shenzhen Wuzhou Dragon, that is, the proportion of shares held by Zhiyun Fund in Shenzhen Wuzhou Dragon was adjusted to 5%. Based on this, the shares held by shareholders Guangdong Fidelity Investment Management Co., Ltd. (hereinafter referred to as "Fidelity Investment") were correspondingly adjusted to 49.4%, and the shares held by shareholders Jingwei shares were correspondingly adjusted to 45.6%. At the same time, Fidelity Investment sold its 11.39% stake in Shenzhen Wuzhou Dragon to Beijing Central Investment Management Co., Ltd. (hereinafter referred to as "Central Investment").

After the internal restructuring of Shenzhen Wuzhoulong, the shareholding ratio of all shareholders has been adjusted accordingly to 45.6% of shareholders' Jingwei shares, 38.01% of shareholders' Fidelity investment shares, 11.39% of shareholders' shares held by Central Investment and 5% of shareholders' shares held by Zhiyun Fund.

According to the official website, Shenzhen Wuzhou Dragon, headquartered in Baolong Industrial City, Longgang District, Shenzhen City, is the earliest high-tech enterprise engaged in the production and research and development of new energy buses in China. At present, the commercial registration of the internal reorganization of Shenzhen Wuzhoulong has been put on record, and the latest share registration and trusteeship has also been completed on December 3, 2021.

Battery net noted that in addition to the equity company Shenzhen Wuzhoulong's plan to invigorate assets, Jingwei also announced on October 11 that lithium battery products would be included in the company's new main business, and issued an investment plan for the 10GWh lithium battery project. The implementation of the project takes Qinhuangdao Weikawei Auto parts Co., Ltd., a wholly owned subsidiary of the company, as the main body of investment, and the investment and construction of the production base in Qinhuangdao Among them, the investment in the first phase of the project is 800 million yuan, the planned annual capacity is 2GWH, and the construction period is 12 months. the products will be applied to the power system and energy storage system of new energy vehicles. According to the company, the project is already under construction.

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