Alibaba continues to invest in cash, and this time it will be Xpeng Motors. Affected by this, yesterday, the U.S. stock Xpeng Motors closed down 754%, an intraday decline of more than 85%。Alibaba and Xpeng Motors have explained this time.
Alibaba said, "According to its own capital management goals, it has taken part of its shares in Xpeng." "I believe in Xpeng's prospects and look forward to continued cooperation with the company."
Xpeng Motors said, "Alibaba will remain the second largest shareholder of Xpeng Motors since then, holding nearly 8% of the shares, and will continue to carry out in-depth strategic cooperation with Xpeng Motors in cloud computing and other fields."
The reporter combed and found that recently, "* has become a high-frequency word of Alibaba: Ma Yun**Alibaba, Alibaba**Kuaigou Taxi, Xiaopeng Motors, etc.
Ali** nearly $400 million, the latest response is here!
On December 15, local time, the US ** Exchange Commission (SEC) announced that Alibaba's ** China (Taobao China Holding Limited) plans to sell 25 million ADRs (American Depositary Shares) of Xpeng Motors, with a total value of about 39.1 billion US dollars (about 27 yuan.)800 million yuan). According to the announcement, the equity of the ** was purchased as a pre-IPO investment on September 12, 2019.
As soon as the news came out, the share price of Xiaopeng Motors, which was traded in the United States on the same day, fell sharply, falling by more than 7% as of **.
The filing also shows that 25 million shares were purchased by China on September 12, 2019, before Xpeng went public in the United States.
Since Xpeng was founded in 2014, Alibaba has been a committed investor in Xpeng and has participated in multiple rounds of financing for Xpeng.
In the face of the huge impact of the news on the stock price, Alibaba and Xpeng Motors also urgently made an "explanation".
Alibaba said: "In accordance with our own capital management objectives, we have taken part of our shares in Xpeng and held 10 shares2% to 75%。Xpeng is one of the leaders in China's electric vehicle sector, and we have established a strategic partnership with them. We believe in Xpeng's prospects and look forward to continued cooperation with the company." ”
Xpeng Motors said that Ali** is implementing the strategy of realizing investment and returning shareholders to the outside world in its third quarterly report, not because of a change in perception of Xpeng Motors. Since then, Alibaba has remained the second largest shareholder of Xpeng Motors, holding nearly 8% of the shares, and will continue to carry out in-depth strategic cooperation with Xpeng Motors in cloud computing and other fields.
Xpeng emphasized that the company has established a strategic cooperation with Volkswagen this year, and Volkswagen is currently the third largest shareholder of Xpeng. Xpeng currently has more than 40 billion yuan of cash on hand, and its positive free cash flow in the second half of the year reached billions of yuan, with abundant cash and a significant improvement in cash flow.
According to the third-quarter financial report, Xpeng Motors delivered 40,008 vehicles in the third quarter, an increase of 72 from the previous quarter4%。Xpeng's total revenue in the third quarter was 85300 million yuan, an increase of 25 percent year-on-year0%, an increase of 685%；78400 million yuan, an increase of 25 percent year-on-year7%, an increase of 77 month-on-month3%。
Alibaba continues to optimize capital management
Ma Yun**Alibaba, Alibaba**Kuaigou Taxi, Xiaopeng Motors ......Recently, Ali has frequently associated with "**.
Specifically, in November, the two "144**" disclosed by the U.S. ** Exchange Commission showed that JC Properties Limited and JSP Investment Limited, wholly owned by Jack Ma Family Trust, planned to sell the shares of Alibaba founders on November 21, both of which were 5 million American depositary shares (ADS), involving a total market value of 8$70.7 billion.
In response to this matter, Ali also responded on the intranet. Among them, Jiang Fang, partner and chief talent officer of Alibaba Group, mentioned in the post: "In order to need funds to invest in agricultural technology and public welfare projects at home and abroad, Mr. Ma's office signed a ** contract with ** broker in accordance with the US SEC10B5-1 regulations earlier this year, and according to the regulations, this pre-conditioned future ** plan will be announced to the public in mid-November." The sale ** set at that time in August was much higher than the current stock price, so Mr. Ma didn't sell a single share!”
The lawyer in Jack Ma's office previously replied, "The ** plan disclosed this time is a long-term plan." The program is not currently happening in reality. Ma Yun is firmly optimistic about Alibaba, the current stock price is far lower than the actual value of Alibaba, and he will still firmly hold Ali**.
In December, Hong Kong Stock Exchange documents showed that Alibaba ** 25560,000 shares of Kuaigou Dache, with an average of 06484 Hong Kong dollars, the shareholding ratio from 1201% down to 1197%。In the past year, although it has not been frequently disclosed, Alibaba has not stopped its pace, and its shareholding in Kuaigou Dache has increased from 14 before listing97% to 1197%。
In addition, at the beginning of December, Meinian Health, Actually Home, TransInfo Technology, and Focus Media all announced that in view of the implementation of the separation of Alibaba Network, the newly established entity Hangzhou Haoyue will inherit the shares of the above-mentioned listed companies held by Alibaba Network by way of agreement transfer.
A series of changes may be related to Alibaba's organizational changes.
On March 28 this year, Alibaba launched the largest organizational change in its 24-year history, and Alibaba Group was split into several independent companies of "1+6+N".
Daniel Zhang, then chairman and CEO of Alibaba Group, issued a letter to all employees, saying that he would further deepen the reform and move towards a new stage of organizational governance - building a "1+6+n" organizational structure. That is, under Alibaba Group, six business groups and a number of business companies will be established, including Alibaba Cloud Intelligence, Tmall Business, Local Life, Cainiao, International Digital Commerce, and Dawen Entertainment, and the CEO responsibility system under the leadership of the board of directors of each business group and business company will be implemented, and Alibaba Group will fully implement the management of the holding company.
In addition, Alibaba's management said at the ** meeting after the release of its quarterly earnings last month that it will continue to optimize capital management, improve investment return and enhance shareholder value. Since the beginning of this year, Alibaba's share price listed on the U.S. stock market has accumulated **1879%, Alibaba's total market capitalization was surpassed by Pinduoduo earlier this month.
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