Weimar Automobile and the 'Financial National Team' reached a strategic cooperation of 11.5 billion yuan

China Automotive News, February 9th. Today, Weimar Motors announced that it has reached a strategic cooperation agreement of RMB 11.5 billion with a number of banks and financial institutions.

Among them, the first 3.5 billion yuan of credit from the Shanghai Syndicate has been signed, and the funds will be mainly used for Weimar Motors’ products (intelligent manufacturing, technology research and development) and user services (innovative service models, channel expansion, Digital marketing) and other aspects of operations and layout.

It is reported that the above-mentioned syndicate is led by Shanghai Pudong Development Bank. The lineup includes Industrial and Commercial Bank, Agricultural Bank, Bank of China, Construction Bank, China Merchants Bank, Bank of Shanghai, Huaxia Bank, Shanghai Rural Commercial Bank, Industrial Bank, Tai Fung Bank Waiting for eleven powerful banks.

As a leading company in smart electric vehicles, Weimar Motors will give full play to its advantages and cooperate with banks in the areas of supply chain finance and auto finance. Relevant leaders of Shanghai Municipal Commission of Economy and Information Technology, Municipal State-owned Assets Supervision and Administration Commission, Municipal Finance Bureau, Municipal Financial Bureau, Qingpu District Government, and representatives of Shanghai Pudong Development Bank and other cooperative banks attended the signing ceremony.

Zhang Jianming, deputy director of the Shanghai Municipal Commission of Economy and Information Technology, expressed the hope that Weimar Motors will continue to adhere to the original intention of 'inclusive technologyBring more intelligent and convenient travel experience to more users, and grow into the industry benchmark of China's new energy vehicles.

Shen Hui, the founder, chairman and CEO of Weimar Motors, said that the successful signing of this bank-enterprise cooperation agreement reflects the support and care of Shanghai and the 'Financial National Team' for the smart new energy vehicle industry , High recognition of Weimar's corporate positioning, deep intelligent technology reserves and hard technological innovation strength, and the core value concept of 'inclusive technology and detonating mainstream'. Weimar will uphold the original intention of serving the country through industry, and sincerely cooperate with the contracted banks for a win-win situation, and jointly create a new paradigm for the tripartite cooperation of finance, technology and enterprises.

With the conclusion of this bank-enterprise cooperation agreement, Weimar Motors will continue to strengthen its investment in product innovation, intelligent technology research and development, intelligent manufacturing, user services, channel expansion and digital marketing, and will contribute to the new one Encouraging and accumulating high-quality development