Agricultural Bank Of China's Agricultural Bank successfully implemented a 1 billion yuan market-oriented debt-to-equity investment project to invest in the mixed reform of Guangzhou Automobile and Ean. The landing of this business is that Agricultural Bank Of China actively supports industrial transformation and upgrading and speeds up the construction of a manufacturing power. specific measures to promote the development of high-end manufacturing and intelligent manufacturing.
Xinhua Finance and Economics, Beijing, Dec. 2 (reporters Ma Yueran and Liu Yulong) the reporter learned from China's Agricultural Bank Of China that recently, the bank's Agricultural Bank Financial assets Investment Co., Ltd. (hereinafter referred to as Agricultural Bank Investment) successfully implemented 1 billion yuan of market-oriented debt-for-equity investment in Guangzhou Automobile Ean New Energy Automobile Co., Ltd. (hereinafter referred to as Guangzhou Automobile Ean) mixed reform pilot project The landing of the business is a concrete measure taken by Agricultural Bank Of China to actively support industrial transformation and upgrading, speed up the construction of a manufacturing power, and promote the development of high-end manufacturing and intelligent manufacturing.
It is reported that the scale of capital increase in this round An is more than 18 billion yuan, introducing a total of 53 strategic investors, including PICC Capital, Nengchuang, National transfer Fund, Shenzhen Venture Capital, CITIC Gold Stone, Agricultural Bank of China Investment, etc., which is currently the largest mixed reform project in the domestic new energy vehicle industry.
GAC Ean, founded in 2017, is the development carrier of Guangzhou Automobile Group's pure electric new energy vehicle industry. Since its establishment five years ago, it has launched a number of intelligent pure electric new energy vehicle products one after another. With self-developed magazine battery, super-speed battery technology, sponge silicon anode and other hard technology level. After the completion of the A round of capital increase, GAC EAN has the advantage of upstream and downstream strategic industrial resources in the field of new energy vehicles. it provides sufficient financial support for the research and development and industrialization layout of core technologies such as new product development, new generation batteries, electric drive R & D and industrialization construction, intelligent driving, intelligent cockpit and capacity assurance, which greatly enhance the comprehensive competitive advantage of GAC Ean's future development.
It is reported that in recent years, Agricultural Bank Of China has made full use of the business advantages of "commercial bank + investment bank", "financing + intelligence", "capital + license" and so on to continuously strengthen the integrated financial product system of "investment, loan, debt, service, and care". In stabilizing the economic market, unimpeding the double cycle, and building a new development pattern, we will fully play a leading and pillar role.