刚刚，一汽正式入股零跑汽车，37.4亿拿下5%股份

Core Viewpoint - Leap Motor has entered into a share subscription agreement with FAW Group, raising approximately RMB 3.744 billion through the issuance of about 74.83 million shares at a price of RMB 50.03 per share, which will be used for R&D, operational funding, and expanding sales networks [1][5][12]. Group 1: Financial Details - The total amount raised from the share subscription is RMB 37.44 billion [5]. - Approximately 50% (RMB 18.72 billion) of the funds will be allocated for R&D investments [5]. - About 25% (RMB 9.36 billion) will be used to supplement working capital and for general corporate purposes [5]. - The remaining 25% (RMB 9.36 billion) will be directed towards expanding the sales and service network and enhancing brand awareness [5]. Group 2: Strategic Implications - FAW's investment is expected to provide Leap Motor with critical strategic resources and a trust endorsement for its current and future development [12][25]. - The partnership aims to strengthen strategic collaboration and resource sharing between Leap Motor and FAW, enhancing product competitiveness in the electric vehicle market [20][21]. - Leap Motor's founder emphasized the importance of maintaining control by the existing management team despite the new investment [7][9]. Group 3: Future Outlook - Leap Motor aims to transition from a new car manufacturer to a more established electric vehicle company, targeting an annual sales volume of 4 million units in the next decade [11]. - The collaboration with FAW is seen as a strategic empowerment that provides Leap Motor with additional resources to navigate the competitive landscape of the automotive industry [25][27]. - The first overseas model developed through this partnership is expected to enter production in the second half of next year [24].