TU-TESL

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Do you remember the Ranger car, which is called "the ancestor of PPT car making"? Recently, the official website of the people's Government of Wuxing District, Huzhou City, Zhejiang Province released the minutes of the 35th executive meeting of Wuxing district and said: "the plan of purchasing the land of Ranger automobile industry project and disposing the project under construction by the District Urban Investment Group is conducive to invigorating the land resources, resolving the project risks and reducing the disposal cost, which is generally feasible." "Ranger X" and "District Urban Investment Group" are called "Huzhou Wuxing urban investment and Development Group Co., Ltd." through enterprise inspection, it is found that the District Urban Investment Group is 100% controlled by the state-owned capital supervision and management service center of Wuxing District, Huzhou City. In other words, the project of Ranger automobile industry may be accepted by Wuxing district government of Huzhou City. According to the official website, Shanghai Ranger Automobile Co., Ltd. was founded in 2014. Its legal representative is Wei Jun, with a registered capital of 4.2 billion yuan, and its headquarter is in Shanghai. It is a comprehensive intelligent electric vehicle manufacturing enterprise integrating R & D, design, production, sales and service of new energy vehicles. Up to now, Ranger automobile has completed multiple rounds of financing. The latest round of B + financing occurred in August 2018, with an investment of 350 million US dollars from Gezhi assets. In April 2017, Ranger automobile signed a cooperation agreement with Wuxing district government of Huzhou City. It is planned to build a super factory project of Ranger automobile (Huzhou) in Wuxing District, which will be started in 2017. In 2019, it will produce a large number of models to be listed, with a total capacity of 200000 sets. According to the public information, after the completion of the super factory, Ranger will launch four different models of products based on the first generation of chassis platform. At least two mass production models will be released in 2020, including pure electric sedan run Ranger X. According to the minutes of the meeting, Wuxing district government put forward two requirements for the acquisition plan: first, operate in accordance with the laws and regulations, speed up land acquisition, asset transfer and other procedures; second, speed up the follow-up use of assets, increase investment attraction, and ensure the preservation and appreciation of state-owned assets. In addition, according to the minutes of the meeting, the meeting only agreed on the acquisition plan of the regional urban investment group in principle, and the final result has not been determined. Ranger Motor said that at present, the company's operation is normal, and the acquisition of relevant assets is only a link involved in the cooperation, which is still in the proposed evaluation, and only for Ranger motor Zhejiang Co., Ltd. In addition, Ranger automobile plans to have significant strategic cooperation with its peers, and many parties are in the process of detailed negotiations in the later stage, which is not available for publication at present. According to the enterprise investigation, the company owns Ranger automobile Shanxi Co., Ltd., Ranger automobile Zhejiang Co., Ltd. and two other investment enterprises. Since 2015, Huzhou has introduced a number of new energy vehicle projects. In addition to the project, there are 10 billion yuan level projects such as LETV super automobile ecological experience Park project and Huzhou new energy power vehicle industrial park project. However, there is no follow-up information about the progress of the project.