On October 8, Weilai Automobile announced that it delivered 4,799 vehicles in the third quarter of this year, an increase of 35.1% from the previous month and an increase of 47% year-on-year, including 4,196 ES6s and 603 ES8s.
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Weilai’s delivery in the third quarter exceeded expectations, but it was far from being able to alleviate the lack of money
On October 8, Weilai Automobile announced that it delivered 4,799 vehicles in the third quarter of this year, an increase of 35.1% from the previous month and a 47% increase from the same period of last year, including 4,196 ES6s and 603 ES8s. This total delivery is higher than the previous guidance range (4,200-4,400 units) given by Weilai, mainly due to the continued increase in production and delivery of ES6. US stocks closed on Tuesday, and Weilai’s share price rose by 9.68%.
Wei Lai finally ushered in the long-lost good news. The past three months can be said to be the darkest moment. First, the recall occurred in June, and the delivery volume dropped sharply in July. The news of the sale of the Formula E team was also released, and major layoffs were launched around the world. In September, the second quarter earnings report issued by Weilai exceeded expectations, with a cumulative loss of approximately RMB 22 billion in four years. Major investment institutions have downgraded their ratings. Among them, Burnsta lowered its target price to US$0.9.
In this turbulent time…
Editor’s comment: Lack of money is the core issue of Weilai, which is related to the survival of enterprises. Self-made blood at this stage…
The market value has exceeded 500 billion Hong Kong dollars. What happened to the “opening” US group?
On October 8, the US group commented that the stock price reached a new high and the closing price reached HK$89 per share. The total market value of HK$516.2 billion also allowed the US group to rank among the third largest Internet listed companies in China after Ali and Tencent. After more than a year of listing, the US group experienced a big ups and downs in the capital market. After less than three months of listing, the stock price fell from 69 to 40 Hong Kong dollars. Since then, it has risen all the way, and it took 10 months to complete the gorgeous counterattack.
In an interview with China Business News, Futu Securities analysts believe that the US group can counterattack, first because it chose to connect the “people and services” track. The life service industry, this track, both in scale and penetration rate, is on the rise, and there is a lot of room for growth in the future. As long as the US group is firmly established, the future rapid growth is expected. In addition …
Editor’s comment: Keeping the life service industry track, is the US group “opening”The root of it. However, the life service market is huge, and the US group will continue to face continued competition in the future. Guojin Securities’ research report believes that…
This article is from the paid section “Daily Business Featured” – September 30
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