LeTV, which has been questioned by the capital chain, is still practicing its plan to build a car as scheduled. On the afternoon of December 9, LeTV Eco-Automobile (Zhejiang) Co., Ltd. won a land on the north side of Chuangye Avenue in the north of Zhejiang Province, Deqing Economic Development Zone, with a transfer area of ​​900,400 square meters. The use was industrial and the transaction price was 279 million. yuan. Previously, the area has been planned as a smart car town in Deqing. The Deqing LeTV Supercar Factory is the second car factory to be built by LeTV after the FF Nevada plant in the United States. Previously, it was the rumor that the FF factory was tightly shut down due to the capital chain, which opened the door to this crisis.
The reporter noted that after the outbreak of the Lexus Group's capital chain crisis in November, many media also questioned whether the auto factory project in Deqing had not been started and whether it was affected by the above crisis.
However, on December 12th, the reporter of “Daily Economic News†learned at the project site of Sand Village in Luoshe Town, Deqing. Although the land has not yet started, its preliminary exploration has actually been carried out as scheduled. Relevant staff of the local development zone said that from the August project confirmed the landing of Deqing, until now only four months, all procedures are on schedule, and construction started at the end of December is also in line with the plan.
In addition, the reporter also learned from the LeTV and Deqing County government that the groundbreaking ceremony, which was originally scheduled to be launched at the end of December, will be carried out as scheduled. For the financing of the automobile project, LeTV told reporters that a press conference will be held at the end of the month.
It is about 13 kilometers northeast of Deqing County, next to the west side of Changshen Expressway. There is a large wasteland called a sand field by the locals. It used to be a famous open-pit stone mining area in the area. After the government stopped mining, the sand field that had been idle for several years became the northern park of Moganshan High-tech Zone under the government's planning. In August of this year, it was selected by LeTV as the planning site for the super car factory project.
“Across the gas station at the entrance to the village, cross the highway and continue to move forward. The site of the Leshi Automobile Factory is there.†On the morning of December 12, a staff member at the Sand Village Service Center in Luoshe Town, Deqing County. The reporter said that after the sand site block adjacent to the sand village was approved by the government for planning and transfer, it was not under the jurisdiction of the village, and the LeTV project was not known when it was started.
About 20 minutes from the sand village gas station, you will arrive at the project site of the northern park of Moganshan High-tech Zone. The reporter saw that as a supporting road construction of the park, a new road named “Destruction Second Road Project of the Northern Mine Area of ​​Deqing Economic Development Zone†traversed the entire park land and has been completed. However, around the road, there will be no signs of construction on the site of the LeEco factory in the future.
In an office building with a display hall sign in the northern part of the Moganshan High-tech Zone, a staff member here said that some staff had surveyed the land a few days ago and should start planning as scheduled. It is. "Before it was said that the groundbreaking ceremony was held around 27 and 28, but the specific details still need to ask the relevant departments of Gaofa District."
The above statement was also confirmed by the Deqing County government department. The relevant person in charge of the Deqing Propaganda Department said that the current procedures for the LeTV auto factory project were carried out as scheduled. "The groundbreaking ceremony should be at the end of the month, but the specific days are still announced by LeTV itself."
Earlier, LeTV issued a statement on November 21, "According to the established project and capital planning, the LeTV Super Automobile Industrial Park and Automobile Ecological Town Project in Moganshan, Zhejiang Province will start construction before the end of the year."
The "Daily Economic News" reporter noticed that while the land was taken as scheduled, the layout of LeTV in Zhejiang has started. According to industry and commerce data, in September and November this year, LeTV established LeTV Eco-Zhejiang (Zhejiang) Limited in Deqing. The company and Leshi Eco-Auto Investment Management (Deqing) Co., Ltd. The former has a registered capital of 2 billion yuan and will carry out research and development of new energy vehicles. The latter has a registered capital of 1 million yuan and its business scope is investment management and asset management.
Another LeTV Eco-Car Equity Investment Fund (Deqing) Co., Ltd. is worthy of attention. Previously, there were media reports that LeTV’s vice chairman Liu Hong revealed that LeTV will work with partners to set up an industrial fund to invest in government and other institutions. Or strategic investors will also participate. Whether the newly established fund is an industrial fund that solves the financing problem of the LeTV auto project, from the current shareholder information, only LeTV has invested in place, and other investors have not yet entered.
Behind the land: Where does the 6 billion investment come from?Even if LeTV can start the auto factory project as scheduled, it will still be suspicious of its follow-up investment ability before LeTV releases relevant information at the end of the month.
On December 12, according to the relevant person in charge of the Land Use Division of Deqing County Land and Resources Bureau, according to this land transfer agreement, LeTV needs to pay the land transfer fee within 15 days.
For the plan after the Leshi Deqing factory took the land, as well as the source of land transfer fees and follow-up investment funds, LeTV said to the "Daily Economic News" reporter that there is no relevant information to disclose, LeTV will be in this month. A press conference was held at the end of the month to announce the latest progress.
However, on December 11, LeTV founder Jia Yueting revealed that LeTV will complete a round of large-scale financing in the next month or so at the “2016 China Business Leaders Annual Meetingâ€. "After more than a month, the difficulties of LeEco will be solved to a certain extent."
It is understood that LeTV Holdings will invest nearly 20 billion yuan to build a car super factory and a car ecological town in the Moganshan Economic Development Zone in Deqing. The first phase of planning land is about 4,300 mu, with an annual output of 400,000 vehicles.
According to the planning and design at that time, the LeTV Supercar Production Park will become the world's first eco-car super factory. The first phase of the project will invest 6 billion yuan and the annual production capacity will be 200,000 vehicles. The second phase is planned to start construction within two years after the first phase is put into production. The project has an investment of 6 billion yuan and an expansion capacity of 200,000 vehicles. The business parks supporting the park mainly include administrative office areas and supporting facilities construction, with an investment of 2 billion yuan.
Relevant industry insiders pointed out that the stagnation of the Lexus US factory has not subsided, and the current LeTV acquisition in Zhejiang is undoubtedly showing confidence. However, the 279 million yuan of land acquisition is only a "small money", and LeTV is about to face how to solve the 6 billion yuan investment in the first phase of the project.
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