On the evening of November 25, Youf Announced that its wholly-owned subsidiary youf New Energy and its holding subsidiary Zhihang New Energy would be injected up to 500 million yuan. In the capital market, where new energy vehicles and other concepts are getting more and more attention, Yuff's large investment shows its urgent mood to build a new engine of performance.
On September 30 this year, Yufu shares with 1 billion yuan of cash, the acquisition of new energy giant Zhihang new energy 51% equity, announced the formal crossover of new energy field. Behind this transformation is the blowout of China's new energy vehicle industry and the huge demand for new energy batteries. Industry insiders said that in the process of accelerating the production of new energy vehicles, the speed of new energy battery output climbing also accelerated.
New-energy companies are hungry for cash
On the evening of 25th, Youfu Shares announced that it decided to increase the capital of its wholly-owned subsidiary Youhang New Energy by 98 million yuan with its own funds. After the completion of the capital increase, the registered capital of Youhang New Energy will increase from RMB 2 million to RMB 100 million. Youfu shares said that the capital increase is conducive to improving youhang new energy business capacity and foreign investment capacity, to promote the development of the company's overall business scale, improve the company's ability to continue operating.
Another big capital injection, is just before the shares of yofu into the wisdom of new energy. According to the circular, in order to further promote the development of New energy, improve the company's competitiveness and anti-risk ability, the company decided to increase its capital in the same proportion as other shareholders who hold 49% of the company's equity. Among them, the company intends to increase the capital of Zhihang New Energy with its own capital of 204 million yuan, and other shareholders plan to increase the capital of Zhihang New Energy with its own capital of 196 million yuan, and the two together increase the capital of 40 million yuan.
In fact, the company's capital increase, but also for zhi Hang new energy equity acquisition performance commitment to supply the basis. "The ternary power lithium ion battery industry in which Zhihang New Energy is located is in short supply at present. As long as there is new production, the digestion of its products is basically no problem", said the new energy vehicle industry.
Lithium ion battery industry blowout research and development capacity by listed companies hot merger and acquisition
Zhongyuan Securities analysts said that China's new energy vehicles are expected to rise in 2017, focusing on the layout of lithium power lithium ion batteries and upstream materials, especially three yuan lithium power lithium ion battery upstream and downstream industry chain worth paying attention to. According to incomplete statistics, in the first half of 2016, there were 15 mergers and acquisitions related to lithium ion batteries, involving a total capital of over 43.8 billion yuan.
Youfu shares to build new energy industry starting point is zhihang new energy. On September 30, Yufu Announced that it planned to acquire 51% of zhihang new energy with self-raised funds of RMB 1.098 billion to enter the field of new energy vehicles. Zhi Hang new energy remaining 49% of the equity, the company said it would choose an opportunity to start the acquisition.
According to the logic analysis of the sale of Yufu Shares in Zhihang new energy, yufu shares will focus on building a new energy industry platform with Zhihang new energy as the core in the future. Information shows that Zhihang new energy is specialized in the design, research and development, production, sales and service of new energy vehicle ternary power lithium ion battery, and has cooperated with Dongfeng Motor, Brilliance Automobile, Zhongzhi Automobile, Jiangsu Aoxin and other well-known domestic automobile enterprises. In June 2016, Zhihang New Energy was successfully selected into the company catalog (the fourth batch) of "Automobile Power Battery Industry Specification Conditions" published by the Ministry of Industry and Information Technology of China. According to the performance commitment of The shareholders of Zhihang New Energy, the net profit after deducting non-recurring gains and losses from 2016 to 2018 was 136 million yuan, 380 million yuan and 420 million yuan respectively. Such incremental performance related to the main industry in the bottleneck of Yufu shares, will be a comprehensive rewrite of the company's revenue situation, greatly improve the fundamentals of the company.
Manly Battery which located in Shenzhen,China. A leading Lithium battery manufacturer over 12 years ,if there is any project need to evluate ,pls feel free tosend email to info@manlybatteries.com
