First, Evergrande automobile, which has only been in the automotive industry for more than two years, announced that it would go to the science and technology innovation board. The second is that Geely Automobile will be reviewed at the first launch of the science and technology innovation board 10 days later, that is, on September 28. It is worth mentioning that on September 15, Evergrande announced the introduction of new shareholders, including Yunfeng fund launched by Tencent, Sequoia and Ma Yun, as well as well as well-known investors such as didi travel, which raised about HK $4 billion. Evergrande rose 4.8% after the morning news on September 18. However, the market value of Evergrande Motor Co., Ltd. dropped by 4% in the current market value of HK $207.4 billion. < / P > < p > this is the second largest capital operation action of Evergrande recently. On September 15, three days ago, Evergrande just launched a new round of financing, including Tencent, Sequoia Capital, Yunfeng fund, Didi travel and other investors, raising about HK $4 billion. Among them, Yunfeng fund was founded by Alibaba founder Ma Yun. < p > < p > according to the financial report, in the first half of 2020, the revenue of Evergrande automobile was 4.51 billion yuan, with a year-on-year growth of 70%; its gross profit was 1.26 billion yuan, with a year-on-year growth of 107%; the loss was 2.46 billion yuan, with a year-on-year increase of 24.2%, including a net profit loss of 1.27 billion yuan. < / P > < p > the revenue of health management business was 4.457 billion yuan, up 88.5% year-on-year; the income of new energy vehicle business was 53 million yuan, down 81.3% year-on-year. < p > < p > the latest progress of Evergrande is that in early August this year, Evergrande released the first six models of “hengchi”, which are two cars, three SUVs and one MPV, covering multiple levels of models. It is expected that mass production will be achieved in the second half of next year. At this year’s mid-term performance meeting of Evergrande automobile, pan Darong, CFO of Evergrande automobile, said that in 2019, Evergrande automobile will invest 14.9 billion yuan in new energy vehicles; in the first half of 2020, it will invest 3 billion yuan, mainly including equity acquisition and R & D expenditure, and the second half is expected to invest 2.7 billion yuan, mainly in equity acquisition. It is estimated that 9 billion yuan will be invested in 2021, including factory construction, land and R & D. < / P > < p > on June 25, 2018, Evergrande health, a subsidiary of Evergrande group, suddenly announced that the company acquired 100% shares of Hong Kong Shiying company with HK $6.746 billion, indirectly acquired 45% equity of smart king, and became the largest shareholder of smart king. And smart King’s wholly-owned “FF America” and “FF Hong Kong” of Jia Yueting. This is also the beginning of Evergrande’s march into the automobile industry. At the same time, the goal of Evergrande group in the field of new energy vehicles is to “develop Evergrande new energy vehicles into the largest and most powerful new energy vehicle group in the world in three to five years”, and take Tesla, the global new energy vehicle giant, as the competition target. < / P > < p > in order to create first-class new energy vehicles, Evergrande group has set up a circle of friends in the world, including car manufacturing technologies such as Carney new energy, konisek, e-traction from the Netherlands, and even shares in Guanghui automobile, the largest auto dealer group in China. In November last year, Evergrande signed strategic cooperation agreements with 60 leading auto parts companies such as Bosch, Magna, mainland China and ZF, and launched global recruitment. It plans to recruit 8000 new energy vehicle industry personnel for the company’s Global Research Institute, with work locations in 9 countries including China, Sweden, Germany and the United Kingdom < p > < p > in April this year, the China Securities Regulatory Commission lowered the market value threshold for domestic listing of red chip enterprises, adding a new one to the original “no less than 200 billion yuan” standard, including companies with a market value of more than 20 billion yuan, independent research and development, international leading technology, strong scientific and technological innovation ability, and comparative advantage in the same industry competition. Taking advantage of this policy dividend, Geely Automobile (announced in June this year that it plans to apply for listing on the science and technology innovation board, and plans to raise 20 billion yuan. In addition, Dongfeng, Weima and other auto companies are also applying for the IPO of the science and technology innovation board. < p > < p > according to the introduction of Hengda automobile, different from Geely and other traditional automobile enterprises, Hengda focuses on new energy vehicles. By integrating global resources, it has the world’s top technology in advanced vehicle manufacturing, 3.0 chassis architecture, powertrain and other fields, and has set up the world’s most advanced intelligent manufacturing bases in Shanghai, Guangzhou and other places. < / P > < p > “new energy vehicles represent the strategic commanding heights of future automobile industry development.” An automotive analyst believes that the return of leading auto companies such as Geely and Evergrande to the science and technology innovation board is conducive to opening up domestic financing channels and enriching the capital strength of enterprises, so as to better use them in product and technology research and development, and enhance the overall competitiveness of China’s new energy automobile industry. Global Tech