Xing-hai zhang: China's new energy car companies have the advantages of tesla didn't consider the introduction of new strategic investors in the future

As a new energy automobile production qualification of 8 well-off shares (601127, SH), since its listing in the field of new energy vehicles layout, also want to do some people called "tesla in China".

In the afternoon of May 9, 2017 annual shareholders meeting in a well-off, chairman of the board of directors of the company Xing-hai zhang made in reference to the future of new energy vehicle road said: tesla's business model is not applicable to the Chinese car companies, at the same time, the domestic new energy car companies on the basis supporting items such as charging pile has the support of the government, tesla actually bit more cost advantage.

According to rough statistics, well-off shares currently in the field of new energy vehicles have to disclose the amount of investment in 6 billion yuan of above, with a series of plans to advance in the future, also will continue to increase capital requirements.On this issue, xing-hai zhang said they would consider introducing strategic investors way of relieving stress.

China's new energy car companies have the advantages of tesla didn't

Listed after it was announced plans to invest 2.5 billion yuan to build a pure electric passenger cars well-off shares of the project, in recent years has become an important member of the new energy car companies camp.

On May 9 afternoon off shares 2017 annual shareholder meeting, layout strategy on the future of new energy vehicles has become the hottest topic.

When it comes to operating plan in 2018, to realize the vehicle sales of 450000 vehicles, in addition to the revenue target of 27 billion yuan, a well-off shares also specially mentioned the "American building cars" planning."SFMOTORS of silicon valley companies in the United States will be the focus, continuous increase in the smart snatched (electric) car investment in technology, product research and development, further research and development and master core technology, electric drive optimization three-power technology systems integration, intelligent driving system integration, and in the years to launch two production models", etc.

According to chairman secretary Meng Gang well-off shares, at the end of march this year, the company's investment SFMOTORS all-new intelligent electric SUV models have 2 public debut in silicon valley, product positioning in the high-end market.

New energy vehicles is a long-term investment that is ongoing layout and also will make the well-off shares face growing money demand.On the general meeting of shareholders, the well-off shares as a new energy car companies how to realize the profit become one of the high frequency problems.According to a recent tesla released the first quarter of fiscal 2018 earnings, although income increased, but a $785 million quarterly loss hit a record.Over the past 10 years, "losses" almost become synonymous with tesla's another.

On the general meeting of shareholders, Xing-hai zhang said tesla's business model is not completely the same as China's new energy car companies business model, tesla loss of an important reason is that it needs to build charging pile, the cost of the Chinese government is a big support for charging pile construction, new energy car companies on a self-built charging pile cost reduced substantially.

"We had decided to make a new energy vehicles is done sufficient research, to some extent, the new energy vehicles is our" made in China 2025 "power is the important direction, after all, all countries in terms of new energy vehicles is still in its infancy."Xing-hai zhang said further.

The introduction of new strategic investors to consider in the future

Although Xng-hai zhang shares a well-off new energy car maker is optimistic future prospects, but what is undeniable is that behind it is faced with many challenges.

According to the well-off share disclosure of financial data, by the end of 2017, the rate of assets and liabilities of the company is 75.44%, 76.94% at the end of 2016, at a higher level.To this, a well-off co chief financial officer explained;The normalized problem belongs to the automobile enterprise facing the industry.

But the daily economic news "reporter query in another building cars enterprise of Chongqing Chang”an automobile financial data (000625, SZ) found that the rate of assets and liabilities of the company by the end of 2017 at about 55%.

As the future of well-off shares of new energy vehicles strategy continues to advance, capital requirements will be more and more big, could face a certain pressure.To this, Xing-hai zhang replied: "we will consider the introduction of new strategic investors in the future."

More challenge lies in: under the industry trend of SUV growth is slowing, for example, to have just completed a new energy vehicles gaining well-off shares, how to keep the established camps, and in "crowded" new energy cars on the road, business development is faced with uncertainty.

In the face of these problems,Xing-hai zhang replied: "electric vehicles must need to invest in, we are not able to glide, but at the same time also want to consider the interests of all shareholders, the layout of how to balance between conventional cars and electric cars is also aspects must be considered."

In addition, the well-off of electric cars have been targeting high-end positioning, but the traditional channel network has been sinking mainly in three or four tier cities and rural areas, and the products price range is in 100000 yuan the following, also means that the future in distribution network, brand image, etc. All needs to restore.

"Car (industry) large easy to chew the fat had left, we are faced with is the rest (of the) hard to chew to crack."Xing-hai zhang, overtaking a lane change, to achieve a well-off shares have to face a lot of crack.

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