Lantu Automobile's capital increase project officially disclosed that Dongfeng Group's shareholding ratio after capital increase is not less than 77%

On September 13th, Lantu Automobile Technology Co., Ltd. (hereinafter referred to as Lantu Automobile) was officially disclosed on the Shanghai United Property Exchange, but the total amount of funds raised, the proposed registered capital, the proportion of the corresponding shares of the fundraising funds, and the proposed shares of the shares, and to be intended to be planned. The relevant information such as the increase in capital increase and the number of investors to be newly added has not yet been announced, showing "depending on the solicitation".

Photo source: Shanghai United Property Exchange official website

It is reported that the capital increase was the first external equity financing since its establishment. Before the capital increase, Lan Tu Automobile 89.66%of the equity was held by Dongfeng Automobile Group Co., Ltd. (hereinafter referred to as Dongfeng Group), and 10.34%of the equity was held by Wuhan Waya Enterprise Management Consulting Partnership (Limited Partnership). After this round of capital increase, it is expected that the equity held by Dongfeng Group is not less than 77%, the strategic investors hold not higher than 15%, and the equity of Wuhan Waya Enterprise Management Consulting Partnership (Limited Partnership) shall not be less than 8%.

In addition, the disclosure information shows that the raised funds will be used for the main business operations and expansion related matters of the capital increase in the main business operation and expansion of the capital increase. The original shareholders of the incredible fundamental to increase the capital increase of the increasing capital, and subscribe for the final transaction price according to the on -site transaction to achieve the same price.

According to the disclosed information, Lantu Automobile was established on June 26, 2021. The legal representative is You Yan, with a registered capital of 2.61 billion yuan. In 2021, Lantu Automobile's operating income was 1.766 billion yuan, a net loss of 706 million yuan; in the first half of this year, its operating income was 1.886 billion yuan, and its net loss was 737 million yuan.

As of now, Lantu Motors has launched two models, namely the SUV model Lan Tu FREE and MPV models Lantu Dreaming. At this year's Chengdu Auto Show, Lantu launched the Lantu Free DNA model, priced at 379,900 to 419,900 yuan, limited to 3,000 units. According to the official sales data, the sales volume of Lantu has maintained rapid growth for three consecutive months. In August of this year, Lantu delivered a total of 2429 new cars, an increase of 495%year -on -year, and 35%from July.

According to the plan, at the Guangzhou Auto Show this year, Lantu will release the third flagship model, which will be a car based on the SOA architecture.

Daily Economic News

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