Yang Xueliang, a spokesman for Geely Holding Group, told the associated press that it would buy Lifan shares, denying the rumors and saying there is no such thing.
In the evening of that day, Lifan company announced that it had not negotiated with the third party for acquisition or capital injection at present, and had not reached any intention.
Lifan said in the announcement that the company was concerned that some media released relevant reports on the change of equity of Chongqing Lifan Holding Co., Ltd., the controlling shareholder of the company, and reported that Chongqing Lifan Holding Co., Ltd. would be injected with capital. After verification by the company to the actual controllers Yin Mingshan, Chen Qiaofeng, Yin Xidi, Yin Suowei and the controlling shareholder Chongqing Lifan Holding Co., Ltd., it is confirmed that the relevant media rumors are untrue, and currently there is no negotiation with the third party on acquisition or capital injection, nor any intention reached.
Market participants generally believe that Geely Automobile has expanded rapidly in recent years, and the demand for capital is increasing day by day. Further opening up financing channels is necessary to support development. In addition to the high valuation premium that will be brought by the science and technology innovation board, this return a also has its own large-scale, financing needs and other considerations.
The financial association combed out the list of A-share listed companies with equity or business cooperation with Geely Automobile, as follows:
Qianjiang Motorcycle: the actual controller is Li Shufu, the chairman is Xu Zhihao, and the controlling shareholder is Geely Technology Group Co., Ltd.
Hualing Xingma: Geely Automobile plans to subscribe 15% shares of Hualing Xingma.
Shuanglin Co., Ltd.: Geely is the largest customer of the company, with stable business cooperation in interior and exterior decoration products, hub bearings, gearbox and other products.
Zhejiang Shibao: the company provides electric steering products evenly to new energy vehicles produced by its main cooperative automobile factory customers, including Geely Automobile.
Beidou Xingtong: as the operation platform of the companys automobile intelligent network business, Beidou Zhilian has accumulated the customer resources of domestic first-line automobile manufacturers such as Geely in the industry.
Xinrui Technology: Geely is one of the important customers of the company. At present, the company has supplied relevant products in batches to support Geely Automobile.
Tenglong Co., Ltd.: the difficult heat pump air conditioning company has finished products and started to supply Geely.
Hesheng Co., Ltd.: in the field of auto parts, the main products are battery shell, battery tray, sunroof guide rail, porous flat tube of heat exchanger, etc., and the main supporting end customers are Geely, etc
Yinlun Co., Ltd.: the companys main products are battery cooling plate, battery cooler and other components, and its main customers include Geely, etc.
Wan Liyang: the companys passenger vehicle transmission is mainly CVT automatic transmission and manual transmission, CVT currently mainly provides supporting for Geely and other models.
Haoneng Co., Ltd.: a leading enterprise of synchronizer components for automobile transmission in China, complete vehicle factory supporting customers include Geely.
Xinquan Co., Ltd.: automobile interior decoration company, previously supporting the self owned brands such as Li
Chengmai Technology: it has the intelligent cockpit system business of the intelligent automobile industry, and cooperates with many manufacturers such as Geely Automobile.
Derun electronic: the company has orders from Geely and other enterprises.
LeiBao high tech: at present, its customers include Geely and other automobile manufacturers.
Source: Financial Association editor in charge: Zhong Qiming_ NF5619