Cited at 26 billion Hong Kong dollars!
This is Evergrande Automobile (0708.HK)'s latest blockbuster! On January 24, Evergrande Automobile announced that it had attracted a total of 26 billion Hong Kong dollars in capital, and all investors had voluntarily locked up for 12 months.
Two big signals behind
As one of the largest equity financings in the new energy automobile industry, two clear signals were also revealed behind it:
On the one hand, with the debut of the first six Hengchi models of Evergrande, the Shanghai and Guangzhou bases started trial production, the Hengchi 1 real car started road testing and the luxury interior was exposed, and Hengchi mass production entered the countdown. Because of this, eager to raise capital indicators of products, technology, personnel, management and other rival cars than expected, also to be expected.
On the other hand, the strong future demand and potential scale of China’s new energy vehicle market obviously can accommodate two or more Teslas. Domestic and foreign investors are also eagerly looking for the next Tesla. ".
From an investment perspective, Evergrande Auto has shown a strong moat effect in terms of product line, production capacity and sales channels, and it is expected to become the next "new force in the stock market". This is exactly how investment institutions have invested 26 billion yuan in one fell swoop. The reason for Zihengda Automobile.
"Three-line parallel drive" has obvious advantages
Evergrande Motors is launching an asymmetrical competition of "overtaking in corners" against Tesla.
First of all, what users need most is a rich and diversified supply of new energy vehicles, which is precisely where Evergrande Motor's advantage lies.
Evergrande Motor has started the research and development of as many as 14 new models, and at the same time fully benchmarked Tesla in terms of technical performance, thereby establishing a "wide track" in the product field. In contrast, Tesla has only four models, and last year's production and sales were about 500,000.
Another key element of the new energy vehicle industry is production capacity. Tesla and some other new energy vehicle companies have repeatedly suffered from production bottlenecks. Evergrande is building the world's top ten most advanced intelligent manufacturing bases, with a planned total output of 1 million vehicles per year by 2025 and a planned total production capacity of 5 million vehicles per year by 2035.
This will allow Evergrande Automobile to accelerate Mercedes-Benz from a high starting point of large-scale manufacturing, so as to achieve domestic and even global scale in a short time. At the same time, mass production can quickly reduce the marginal production cost, which is the next step for Evergrande. Lay the foundation for the implementation of more cost-effective competitive strategies.
In terms of sales network, one of the troikas developed by new energy car companies, Evergrande is quickly preparing to build three centers for Hengchi’s vehicle display experience, sales, and maintenance and after-sales service, and with the help of 21.62 million brokers, Over 30,000 offline stores have built a huge sales network.
From the above key points, it can be seen that the reason why Evergrande has gained capital is that it is fully optimistic about its systematic construction of product lines, manufacturing lines and marketing lines. With the strategic investment of 26 billion in place, the three lines of Evergrande will surely speed up further, or will detonate the growth point at a faster time.
Stock price shows a rising curve
"The situation in the company is 100% correlated with the situation of the stocks." Peter Lynch's famous saying lays out a basic method of stock investment, which is to find good stocks by researching companies.
At present, the market value of Evergrande Motor is only HK$263.6 billion, 1/24 of Tesla. It is in a low value area. Obviously, this value needs to be revalued.
Throughout the history of Chinese and foreign stock markets, if a listed company has been in a situation where the stock price is seriously inconsistent with the fundamentals for a long time, it will be fully corrected at a certain node to restore the stock price to a position consistent with its growth. Evergrande Motors has clearly shown this. The accumulative upward curve.
No wonder people from investment research institutions said that the market value of Evergrande still has room for 12 times growth, and the stock price is expected to reach as high as 720 Hong Kong dollars.
Based on this, Evergrande Motors ushered in the "rapid daily limit" market and became the "new stock market force" in 2021, which is believed to be a high probability event.