Xiaopeng automobile rushes to American Stock Market: revenue in the first half of the year is 1 billion, and he Xiaopeng holds 31.6% shares

The IPO price range and the number of shares to be issued by Xiaopeng automobile are uncertain, and the amount of financing is uncertain for the time being. The $100 million listed in the prospectus is only a place holder for routine disclosure and does not represent the actual financing amount of this IPO. < p > < p > Xiaopeng automobile was founded in 2015, and its start-up investors are mainly he Xiaopeng, co-founder of UC Youshi and former president of Alibaba mobile business group. < / P > < p > the core management team of Xiaopeng automobile comes from a diversified background, including co founders Xia Heng and He Tao, who are respectively responsible for the development of GAC’s new energy control system and GAC’s intelligent vehicle and driverless driving, and Dr. Gu Hongdi, former chairman, current Vice Chairman and president of JPMorgan Chase Asia Pacific Investment Bank. Recently, Xiaopeng automobile held the Xiaopeng P7 delivery and departure ceremony in Zhaoqing Xiaopeng automobile intelligent network technology industrial park, marking the start of large-scale delivery of this super long endurance intelligent car run. < p > < p > Xiaopeng P7 has xpilot 3.0 automatic driving assistance system and intelligent music cockpit with the new xmart OS 2.0 vehicle intelligent system as the core, showing its strength and innovative technology in the intelligent field. < p > < p > in the field of traditional car running, the NEDC comprehensive range of P7 is up to 706km, the 100km acceleration is 4.3s, and the braking distance of 100km is less than 35m. As of July 31, 2020, Xiaopeng automobile has delivered 18741 G3 vehicles to customers. The p7 model will be produced and delivered in May 2020. As of July 31, 2020, Xiaopeng automobile has delivered 1966 P7 vehicles to customers. Xiaopeng also plans to launch its third intelligent electric vehicle in 2021. According to the prospectus, the revenue of Xiaopeng automobile in 2018 and 2019 is 9.7 million yuan and 2.321 billion yuan respectively; in the first half of 2020, the revenue of Xiaopeng automobile is 1.003 billion yuan, and that of the same period of last year is 1.232 billion yuan. In 2018 and 2019, the gross losses of Xiaopeng automobile were 2.36 million yuan and 558 million yuan respectively; in the first half of 2020, the gross loss of Xiaopeng automobile was 36.12 million yuan, and that of the same period of last year was 470 million yuan. < p > < p > in 2018 and 2019, the net losses of Xiaopeng automobile were 1.398.8 billion yuan and 3.692 billion yuan respectively; in the first half of 2020, the net loss of Xiaopeng automobile was 796 million yuan, and that of the same period of last year was 1.918 billion yuan. < p > < p > among them, the R & D investment of Xiaopeng automobile in 2019 reaches 2.07 billion yuan, which is significantly higher than that of 1.05 billion yuan in 2018, and the proportion of R & D investment in revenue of Xiaopeng automobile in 2019 reaches 89.18%. < p > < p > Xiaopeng automobile is the only OEM manufacturer in China to do research and development in full stack of automatic assisted driving, and has established a considerable scale team since 2015. < / P > < p > in the era of software defined automobile, he Xiaopeng is also the only entrepreneur whose background is programmer and product manager. < p > < p > in the second quarter of 2020, the revenue of Xiaopeng automobile was 590 million yuan, an increase of 43% compared with 412 million yuan in the previous quarter; the net loss was 146 million yuan, which was significantly narrowed compared with the same period of last year and the last quarter. < p > < p > Xiaopeng auto investors include Alibaba and Xiaomi, and are supported by international well-known institutional investors including IDG capital, Chenxing capital, GGV Jiyuan capital and Chunhua capital. < p > < p > in August 2018, Xiaopeng automobile announced that it had completed the B + round financing with a total contract amount of 4 billion yuan, and obtained the joint leading investment of Chunhua capital, Chenxing capital and he Xiaopeng, and the investors such as Hillard capital, K11, Zhongding venture capital, etc. < / P > < p > in November 2019, Xiaopeng automobile announced that it would sign round C financing with a total amount of US $400 million. Xiaomi participated in the investment, and he Xiaopeng increased his holdings on the basis of round a and round B. < p > < p > on July 20, 2020, Xiaopeng automobile announced that it had signed the C + round financing participated by famous investment institutions such as ASPEX, coatue, hillhood capital and Sequoia China, with a financing amount of nearly 500 million US dollars. < p > < p > Xiaopeng automobile said that the signing of the C + round financing fully reflects investors’ confidence in the strategy, market positioning and long-term vision of China’s intelligent electric vehicle leader. < p > < p > at the beginning of August 2020, Xiaopeng Motor Co., Ltd. revealed new financing of more than 400 million US dollars. Ali led the investment, and the investors included Qatar sovereign wealth fund and Abu Dhabi Fund, with an estimated value of 8 billion US dollars in this round. < p > < p > at present, Yu Yongfu, he Xiaopeng’s old partner in UC and former CEO of Alibaba entertainment, is the director of Xiaopeng automobile, and Liu Qin, partner of Chenxing capital, is an independent director. Before IPO, he Xiaopeng, chairman and CEO of Xiaopeng automobile, held 31.6% shares, which was the major shareholder; Xia Heng held 4.9%; Gu Hongdi held 2.8%; He Tao held 1.6%; < p > in fact, he Xiaopeng, Li Bin and Li Xiang, the founders of Xiaopeng automobile, Weilai automobile and ideal automobile, were all continuous entrepreneurs, and had already made great achievements in the industry before the car was built The realization of financial freedom, but also has a huge network of contacts, after re starting a business, have started a bigger business. < p > < p > he Xiaopeng also has a very close relationship with Lei Jun, CEO of Xiaomi. Both of them are from Hubei Province. When he Xiaopeng started UC, Lei Jun served as the chairman of UC. < p > < p > he Xiaopeng once said that life needs mentors and noble people on the way to entrepreneurship. For him, Lei Jun is such a mentor and noble person. Whether it is UC or Xiaopeng automobile, Lei Jun is his angel investor and has given him a lot of correct suggestions. < / P > < p > “I remember that I started UC for the first time more than ten years ago. Lei Jun inspired me more firmly than I did that the era of mobile Internet was coming, and suggested that I should focus on the personal market.” < p > < p > more than a decade later, Xiaopeng started his business again. When he founded Xiaopeng automobile, Lei Jun told he Xiaopeng that the era of intelligent automobile has begun. However, unlike Internet entrepreneurship, the industry chain of intelligent automobile is long and complex, which requires ideological preparation and accumulation for six years. At the same time, it needs sufficient funds to attract the best talents in the smart car market Things. < p > < p > he Xiaopeng pointed out that Lei Jun always timely reminds the key nodes of entrepreneurship, which benefits him a lot. When Xiaomi went public, he Xiaopeng bought more than 100 million US dollars of Xiaomi stock to support Lei Jun. At the Xiaomi celebration banquet, Lei Jun not only thanks Li Jiacheng, Ma Yun and Ma Huateng for supporting Xiaomi at the critical moment, but also thanks Yu Yongfu and he Xiaopeng, saying that they all bought a large amount of shares of Xiaomi when Xiaomi was listed. < / P > < p > “on the last day, when we are under pressure, stand up for us, UC brothers. “Lei Jun said,” Xiao Peng and Liang Jie generously placed an order of 100 million US dollars. ” After that, Xiaomi also became a shareholder of Xiaopeng automobile. After Xiaopeng automobile moved to Guangzhou R & D headquarters, Lei Jun, Li Xueling, Zou Tao and other Lei Jun family friends also visited the site. Continue ReadingStraight screen S20! Samsung Galaxy S20 Fe exposure: 1Hz high brush + snapdragon 865