The first launch is six new cars, and new energy vehicles become the core.

August 3rd,EvergrandeThe Automobile Group launched six new cars in Shanghai and Guangzhou.

Although this is only an internal online release, did not invite any media or partners, but Evergrande's super "trench" craftsmanship has attracted widespread attention.

The six models released this time are all pure electric models of its Hengchi brand, named Hengchi 1, Hengchi 2, Hengchi 3, Hengchi 4, Hengchi 5, Hengchi 6; at the same time, 6 new cars not only include cars, SUV, MPV and other commonly used passenger cars, but also cover all levels from A to D, with the meaning of "getting them all in one net".

By the end of the 3rd,Evergrande HealthIt closed at HK $37.05, with a market capitalization of more than HK $320 billion, a cumulative increase of more than 500% in two months. According to the previous announcement, in view of the fact that new energy vehicles have become the most important business of the group, the board of directors intends to change its name to "China Evergrande Group New Energy Automobile Group Co., Ltd.", namely China Evergrande New Energy Vehicle.

In fact, it is understood that the new energy vehicle business has become the core business of Evergrande, and the layout of the automobile industry has also been shown on its fast and unique car-building road.

The appearance of the new car is the biggest selling point.

According to China Evergrande New Energy Vehicle, in order to ensure the best car styling in the world, Xu Jiayin visited the top styling masters around the world many times and formed the strongest design alliance between Evergrande and 15 masters, including AndersWarming, MichaelRobinson, Maruyama and so on.

After the appearance of the styling, the geometry of the new car has become the focus, and the officials have different opinions and heated discussions.

At China Evergrande Group's 2019 performance conference at the end of March this year, Xu Jiayin said of the styling of the new car, "I saw it in the top secret room, absolutely 'everyone sees, everyone wow'! It is sure to sell well, and we are confident that there are 8 or 10 popular styles. "

Evergrande's 15 new energy vehicles are developed at the same time, this time the debut is the first phase of 6, the remaining 9 are still worth looking forward to. By comparison,TeslaIt has been established for 17 years, and so far only 4 models are on sale.

I have the ability to make money, and I can build a car in two years.

Different from the car-building behavior of other start-up companies, China Evergrande New Energy Vehicle has sufficient funds behind it. so far, he has invested tens of billions of dollars and obtained a lot of related enterprises and core technologies. This is China Evergrande New Energy Vehicle's greatest strength. Let it finish the process from zero to one in a shorter time.

When Evergrande first entered the field of new energy vehicles, it did not want to start completely from scratch. In 2018, Evergrande wanted to work with Jia Yueting's FF and planned to buy the latter, but it was not long before the two parted ways, so China Evergrande New Energy Vehicle began to buy a series of new assets around the new energy vehicle industry chain.

In June 2018, China Evergrande New Energy Vehicle acquired 100 per cent of Hong Kong Shiying for HK $6.746 billion and indirectly acquired a 45 per cent stake in Smart King (wholly owned by FF Hong Kong and FF USA), making it the largest shareholder.

In September 2018, China Evergrande New Energy Vehicle spent 14.49 billion yuan to buy car dealers in order to build a follow-up sales system and open up the distribution link.GuanghuiThe group has a 40% stake, making it the second largest shareholder.

In January, China Evergrande New Energy Vehicle bought a 51 per cent stake in Mini Minor Limited for $930 million. The company's main asset is NEVS, a Swedish electric car company, and recently acquired the remaining stake in the company for $379.5 million. Upon completion, NEVS will become its wholly-owned subsidiary to carry out research and development for China Evergrande New Energy Vehicle's brand "Hengchi" electric vehicle.

In addition, Evergrande also invested 150 million euros in Swedish sports car brand Koenigsag, with a 20 per cent stake in a joint venture to develop and manufacture new energy supercars.

In addition to spending a lot of money on acquisitions, China Evergrande New Energy Vehicle is also extremely willing to spend a lot of money on building a factory. Last year, he announced that he would invest 160 billion yuan in projects such as building a new energy vehicle base in Nansha District of Guangzhou, and invest 120 billion yuan in a number of major projects in Shenyang, mainly new energy vehicles.

Recently, the interior of the Evergrande new energy vehicle Nansha plant has also been exposed, the plant will be completed and put into production by the end of 2020, the first annual production capacity of 200000 vehicles, after all completed will reach 1 million vehicles.

In terms of supporting projects, China Evergrande New Energy Vehicle did not ignore it. He chose to invest a total of 10 billion yuan to build an Evergrande power motor production base in Songjiang, Shanghai. The first phase plans to have an annual production capacity of 200000 sets of motors, which is scheduled to be completed and put into production in 2022.

Related concept stocks continue to strengthen

Evergrande Group is based on people's livelihood real estate, cultural tourism, health care as the two wings, new energy vehicles as the leader of the world's top 500 enterprise groups.

Vanke A(000002): sales are growing steadily, and land acquisition is still more cautious.

From January to June 2020, the company signed a total of 320.48 billion yuan; from January to June, the company added 8.721 million square meters, with a total land price of 52.45 billion yuan.

The company realized sales of 73.37 billion yuan in June, up 10.5% from the same period last year, up 19.7% from the same period last year; the sales area was 5.015 million square meters, up 2.5% from the same period last year, up 29.7% from the previous year; and the average sales price was 14630 yuan per square meter, up 7.8% from the same period last year.

As a leader in the industry for 30 years, Vanke is a well-deserved forerunner in advocating high turnover, deepening small-share trading model and innovative business development in advance, and the contribution of future performance and valuation is worth looking forward to.

Golden mantis(002081): performance is in line with expectations and strong orders contribute to growth

In 2019, the company achieved an operating income of 30.835 billion yuan, an increase of 22.9% over the same period last year, and a net profit of 2.349 billion yuan, an increase of 10.64% over the same period last year, in line with market expectations.

The number of newly signed orders increased steadily, and the growth rate of newly signed orders in public clothing business was relatively fast. In 2019, the company's newly signed orders totaled 33.528 billion yuan, an increase of 12.74 percent over the same period last year, or 1.09 times the revenue in 2019. Of this total, the newly signed contracts for public clothing business totaled 18.639 billion yuan, an increase of 16.97 percent over the same period last year. Newly signed orders for the housing business totaled 12.667 billion yuan, an increase of 5.86 percent over the same period last year. The newly signed order for the design business is 2.222 billion yuan, an increase of 20.12% over the same period last year. At the end of the reporting period, the company has signed an unfinished order of 66.976 billion yuan, and the future performance is guaranteed.

Jinke shares(000656): leapfrog development, national layout, four-in-one multi-business coordination

Jinke shares are guided by the national urban agglomeration development strategy, and closely focus on the "three circles", namely, the Beijing-Tianjin-Hebei economic circle, the Yangtze River Delta economic circle, the Pearl River Delta economic circle and the Yangtze River economic belt. The land reserve of the company is abundant, and the advantage of taking land at low cost is significant.

The company has been increasing its efforts to acquire land since 2015, accounting for 61% of the sales amount from 2016 to 2018, falling to 45% in 2019, and the investment continues to remain at a high level.

In recent years, the company's sales speed up, performance growth is guaranteed. Stock incentive plan and win-win in the same boat and other incentive ways to jointly enhance the enthusiasm of employees, the prospect is promising.

Evergrande's ambition should not be underestimated.

Behind the car building is Evergrande's ambition to compete with Tesla, Inc. and target electric cars. According to Xu Jiayin's earlier bold words at the press conference, Evergrande plans to invest 45 billion yuan within three years to build 10 largest global production bases, with an annual production capacity of 1 million vehicles in three to five years, making it the largest and most powerful new energy vehicle group in the world.

To achieve this goal, Evergrande has accelerated business integration in the automotive industry this year. In retrospect, China Evergrande New Energy Vehicle made two important moves this year: one is the wholly-owned acquisition of shares in NEVS, an electric car company, in which Evergrande acquired 51 per cent of its shares last year, followed by frequent capital increases on NEVS, resulting in a 100 per cent stake; second, the name of the listed company was renamed from Evergrande Health to China Evergrande New Energy Vehicle because "new energy vehicles have become the most important business of the group".

Evergrande Health has continued to soar since June 11 this year, with an increase of nearly 500%. The performance of the stock price is consistent with the progress of Evergrande car building.

On July 27th this year, Evergrande Health announced that in view of the fact that new energy vehicles have become the most important business of the Group, the board of directors recommended that the company change its name to "China Evergrande Group New Energy Automobile Group Co., Ltd.", referred to as "China Evergrande New Energy Vehicle". Evergrande Health Board is of the view that the proposed change of name is in the interests of the Company and shareholders as a whole.

China Evergrande New Energy Vehicle, a listed company in Hong Kong, was originally a platform for Evergrande to lay out the big health industry and the new energy vehicle industry. Now the new energy vehicle has come from behind and become the most important business. However, in terms of performance contribution, new energy vehicles still need continuous blood transfusions.

Evergrande's new energy vehicle business lost 3.31 billion yuan last year, nearly double the loss from a year earlier, according to the 2019 annual report. And, according to the future investment plan, the loss may not be improved in the short term: Xu Jiayin called the 45 billion investment in three years, of which 20 billion in 2019, 15 billion in 2020 and 10 billion in 2021-although the investment quota will gradually decrease in the past two years, it is still quite large in absolute terms.