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Following the issuance of ADS, Xiaopeng Motors established two affiliated companies

Publish Date: 2020.12.11

    On December 10, according to the Tianyancha APP, on December 8, two affiliated companies of Xiaopeng Motors were established, namely Guangzhou Xiaopeng New Energy Automobile Co., Ltd. and Fuzhou Pengxing Trading Co., Ltd.


小鹏新能源汽车

Caijing.com Auto contacted Xiaopeng Motors related persons about the news, and the other party did not respond to a request for comment.


    Public information shows that the legal representative of Guangzhou Xiaopeng Automobile Technology Co., Ltd. is Xia Heng, with a registered capital of 2 billion yuan, of which Guangzhou Chengxing Intelligent Automobile Technology Co., Ltd. (ie Xiaopeng Motors) subscribed 1.64 billion yuan, and Guangzhou Kunpeng started a business The investment partnership enterprise subscribes 360 million yuan; the business scope includes engineering and technology research and experimental development, technical services, technology development, technology consulting, technology exchange, technology transfer, technology promotion, etc.


    Guangzhou Xiaopeng Automobile Technology Co., Ltd. is located in Yichuang Street, Sino-Singapore Guangzhou Knowledge City, Huangpu District, Guangzhou, adjacent to Guangzhou Orange Xing Zhidong Automobile Technology Co., Ltd.


    In addition, the company’s second shareholder, Guangzhou Kunpeng Venture Capital Partnership, was established on December 7, with a background of state-owned assets. It was jointly established by Xiaopeng Motors and Kaide Investment, an investment company under the Guangzhou Development Zone Management Committee.


    Another company established on December 8 is Fuzhou Pengxing Trading Co., Ltd., with Zhu Yanhua as the legal representative and a registered capital of RMB 10 million. It is wholly-owned by Xiaopeng Automobile Sales Co., Ltd.; its business scope includes new energy vehicle power exchange facilities Sales, sales of electric accessories for new energy vehicles, retail of auto parts, etc.


    It is worth noting that not long before the establishment of Guangzhou Xiaopeng Automobile Technology Co., Ltd., Xiaopeng Automobile issued an announcement of additional ADS. The raised amount will reach US$2.484 billion, which will be used for the development, marketing, and company operations of smart electric vehicles. Judging from the establishment time and scope of the new company, it may be related to this fundraising.

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