Shanshan raised 3.445 billion yuan to bet on new energy vehicles

Earlier, Ningbo Shanshan Co.
, Ltd.
planned to raise 3.
445 billion yuan to bet on new energy vehicle technology research and development and industrial projects
.
On the evening of July 2, Shanshan issued an announcement that the company's application for non-public offering of shares had been accepted
by the China Securities Regulatory Commission.
On July 13, Shanshan issued a stock indicative resumption announcement
.
According to the announcement, according to the development needs of the company's new energy vehicle projects, it plans to establish a new energy vehicle industry equity investment fund
with a total of 500 million yuan through the company's holding subsidiaries.

In the eyes of the Chinese people, "Shanshan" is a clothing brand and the first listed company
in China's garment industry.
After years of development, "Shanshan" has gradually transformed and upgraded into a large holding group
with more than a dozen high-tech enterprises such as new energy and new materials.

Shanshan Co.
, Ltd.
began to make lithium battery materials in 1999 and is the earliest enterprise
in China to make anode materials.
With the development of the battery industry, lithium batteries were gradually popularized
in the late 90s of last century.
In the field of lithium battery anode materials, Shanshan Technology has become an enterprise
with the largest shipment volume in the domestic market and the world's leading technological advancement.

Although Shanshan has experience in lithium battery new energy, the industry is not optimistic about the development prospects
of new energy vehicles.
Su Hui, executive vice chairman of the Tangible Automobile Market Branch of the China Automobile Dealers Association, said that at present, new energy vehicles are being encouraged from the central to the local level, and new energy vehicles are also a national strategy, so all kinds of capital will pour in
.
Many are not automobile companies, think of new energy vehicles too simple, like Shanshan shares before although there is experience in lithium batteries, but into new energy vehicles is still a little blind, after all, the production of batteries and the production of cars are two different things, may face great risks
.

In fact, not only Shanshan shares, stimulated by various incentive policies, all kinds of capital have increased the weight of new energy vehicles
.
Great Wall Motor recently issued an announcement that the company intends to issue 387,007,600 shares at no less than 43.
41 yuan per share, raising a total amount of no more than 16.
8 billion yuan, for the development of the company's new energy vehicle industry, in addition to traditional automobile companies, even Tencent, Baidu, Xiaomi, Autohome and other Internet companies will use new energy vehicles as their springboard
to enter the vehicle enterprise.