What company is Qingdao Wudaokou?

Qingdao Wudaokou is a new energy automobile industry fund company.

Qingdao Wudaokou New Energy Automobile Industry Fund Enterprise (Limited Partnership) (hereinafter referred to as "Qingdao Wudaokou") was established in August 20 19, and its registered place is Qingdao Automobile Industry New Town, Jimo District, Qingdao, Shandong Province.

Qingdao Wudaokou is a fund entity specially established to participate in Chery's capital increase and share expansion project. Its general partner and fund manager are Beijing Wudaokou Investment Fund Management Co., Ltd. (hereinafter referred to as "Beijing Wudaokou"). Wudaokou, Beijing, founded on 20 14, is a private equity investment fund manager registered with China Securities Fund Association, and its business includes private equity investment, corporate mergers and acquisitions, industrial funds, etc.

The purpose of Qingdao Wudaokou is to invest around the automobile industry (especially new energy) and its upstream and downstream industrial chains. By investing in the above-mentioned fields, we will expand superior production capacity and introduce related industries to promote the development of physical industries.

Qingdao Wudaokou to Chery Holdings

According to the transaction announcement of the Yangtze River Equity Exchange, Qingdao Wudaokou Fund holds 30.99% shares of Chery Holdings, with a capital contribution of about 7.586 billion yuan, and holds 6.863 billion yuan of shares of Chery Automobile 18.5 185%.

In addition, Chery's controlling shareholders Huatai Asset Management and Ruichuang Investment will transfer 65,438+05.78% and 4.23% shares to Qingdao Wudaokou Fund respectively.

After the above transaction is completed, Qingdao Wudaokou Fund will hold 565,438+0% equity of Chery Holdings and 32.4438+05% equity of Chery Automobile indirectly, so that its total equity controlling Chery Automobile will reach 565,438+0%.