Evergrande officially becomes Guanghui's second largest shareholder, with 7.8 billion yuan of additional capital already in place

On November 6, Guanghui Energy, Guanghui Automobile and Guanghui Logistics, listed companies of the Guanghui Group, simultaneously announced that Evergrande's 7.8 billion yuan capital increase had been completed. It took less than three months from the disclosure of the contract to the official acquisition of shares, and Evergrande Group completed this 14.5 billion yuan transaction. At this point, Evergrande officially became the second largest shareholder of Guanghui Group.

On September 21, Guanghui Group, its actual controller Sun Guangxin and Evergrande Group signed a "Strategic Cooperation Agreement" and an "Investment Agreement" to establish all-round strategic cooperation in four major areas including energy, automobiles, logistics and real estate.

After the announcement, Guanghui Energy, Guanghui Automobile and Guanghui Logistics all continued to rise until they gradually fell back in early October; Guanghui Baoxin, a Hong Kong-listed company under Guanghui Automobile, surged 16.32% on September 24.

The total investment amount for this transaction is 14.49 billion yuan, of which the equity transfer consideration is 6.68 billion yuan and the capital increase is 7.81 billion yuan.

Recently, Evergrande Group transferred two capital increase funds totaling 7.80767 billion yuan to the designated bank account of Guanghui Group on November 5 and November 6 respectively.

At present, Evergrande Group holds a total of 40.9640% of Guanghui Group's shares, making it the second largest shareholder of Guanghui Group. It is estimated that Sun Guangxin's holding of Guanghui Group has been diluted to 49.32%, and the total shareholding ratio of other shareholders has been reduced to 9.72%.

Guanghui Group's current business covers energy development, automobile services, modern logistics, real estate services and other fields. It ranks 456th in the Fortune Global 500 list.

The outside world sees Evergrande Group's investment in Guanghui Group as part of Evergrande's overall layout for the automotive industry. In June this year, Evergrande invested in Faraday Future and officially entered the automotive manufacturing industry. Guanghui Group's accumulation in energy development, automotive services and other fields can form a good industrial support with Faraday Future.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.