Core Viewpoint - Weima Automobile is set to resume production in September after a two-year hiatus, with plans for an IPO in two years and significant backing from new shareholders and government support [1][2][3]. Group 1: Production Resumption and Future Plans - Weima Automobile announced its production resumption and a development plan from 2025 to 2030, aiming to produce 1 million vehicles and achieve revenue of 120 billion yuan by 2030 [2][3]. - The company plans to restart production of the EX5 and E5 models at its Wenzhou base, targeting annual production and sales of 20,000 units by 2025 [2][3]. - The development phases include a revival stage (2025-2026), a growth stage (2027-2028), and a crossing stage (2029-2030), with a goal to launch over 10 new models in five years [3][4]. Group 2: Financial and Operational Support - The new shareholder, Xiangfei, plans to invest 1 billion yuan initially to support equipment upgrades, supply chain recovery, and product development [4]. - The company has formed a professional team of 143 members to ensure a swift recovery of operations, with a target of expanding to a core team of 400 [4]. - Xiangfei is working with local financial institutions to secure funding for the resumption of operations and has already established communication with suppliers to resolve historical issues [2][4]. Group 3: Shareholder Background and Market Context - Xiangfei, established in September 2023, is linked to Baoneng Group, which has a history of investments in the automotive sector [5][6]. - Baoneng Group has faced financial challenges, with significant debt and legal issues, raising concerns about its ability to provide ongoing support to Weima [6]. - The competitive landscape in the electric vehicle market is intensifying, and Weima's ability to navigate these challenges while managing its debt will be critical for its survival [6].
知名车企官宣：9月复工复产 两年后筹备IPO！新股东背后现“宝能系”身影！
Zheng Quan Shi Bao·2025-09-06 23:59