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    Home > Chemicals Industry > Chemical Technology > BYD issued A-shares to raise 15 billion yuan to develop new energy

    BYD issued A-shares to raise 15 billion yuan to develop new energy

    • Last Update: 2022-11-19
    • Source: Internet
    • Author: User
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    Recently, BYD issued a fixed increase plan, the total amount of funds raised by the company's non-public offering of A-shares will not exceed 15 billion yuan, and the net funds raised after deducting the issuance expenses are intended to be used to invest in iron-powered lithium-ion battery expansion projects, new energy vehicle research and development projects, replenish working capital and repay bank loans
    .

    BYD issued an announcement that the company received the "Notice of Acceptance of Administrative License Application by the China Securities Regulatory Commission"
    issued by the China Securities Regulatory Commission on September 16, 2015.
    The CSRC reviewed the application materials for the administrative license of "Non-public Offering of Shares by Listed Companies" submitted by the company in accordance with the law, and determined that the application materials were complete and in accordance with the statutory form, and decided to accept
    the administrative license application.

    BYD said that through this non-public offering of shares, it is conducive to increasing the company's power battery production capacity and ensuring the company's current and future new energy vehicle power battery supply; Promote the research and development of new energy vehicles, enrich the types of new energy vehicles, and improve the technical level of new energy vehicles
    .

    According to the data, in the first half of 2015, BYD's cumulative sales of new energy vehicles reached 19,800 units, ranking first in domestic new energy vehicle sales, and the revenue of new energy vehicle business was about 5.
    976 billion yuan, an increase of about 1.
    2 times year-on-year, accounting for 18.
    92% of the group's
    total revenue.
    With the introduction of a number of favorable policies of the government for the new energy vehicle market, the supporting facilities of new energy vehicles have gradually improved, and industry insiders believe that new energy vehicle companies led by BYD will have more room
    for development.

    Recently, BYD issued a fixed increase plan, the total amount of funds raised by the company's non-public offering of A-shares will not exceed 15 billion yuan, and the net funds raised after deducting the issuance expenses are intended to be used to invest in iron-powered lithium-ion battery expansion projects, new energy vehicle research and development projects, replenish working capital and repay bank loans
    .

    New energy

    BYD issued an announcement that the company received the "Notice of Acceptance of Administrative License Application by the China Securities Regulatory Commission"
    issued by the China Securities Regulatory Commission on September 16, 2015.
    The CSRC reviewed the application materials for the administrative license of "Non-public Offering of Shares by Listed Companies" submitted by the company in accordance with the law, and determined that the application materials were complete and in accordance with the statutory form, and decided to accept
    the administrative license application.

    BYD said that through this non-public offering of shares, it is conducive to increasing the company's power battery production capacity and ensuring the company's current and future new energy vehicle power battery supply; Promote the research and development of new energy vehicles, enrich the types of new energy vehicles, and improve the technical level of new energy vehicles
    .

    According to the data, in the first half of 2015, BYD's cumulative sales of new energy vehicles reached 19,800 units, ranking first in domestic new energy vehicle sales, and the revenue of new energy vehicle business was about 5.
    976 billion yuan, an increase of about 1.
    2 times year-on-year, accounting for 18.
    92% of the group's
    total revenue.
    With the introduction of a number of favorable policies of the government for the new energy vehicle market, the supporting facilities of new energy vehicles have gradually improved, and industry insiders believe that new energy vehicle companies led by BYD will have more room
    for development.

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