Financial advisory for a leading EV company to raise capital
WISER faciliated a private placement for a leading Chinese EV company
The company is a rising EV star which was born from a top tier Chinese automotive group. It has a sales volume of 120,000 EVs in 2021, ranks top one in China. Its main market is in South China, and has a dominating market share in the price level below RMB200,000.
In this A-round financing, the company raised above 2.6 billion RMB, which will be used to expand it manufacturing capacity and product devleopment. Its main facility and R&D center are based in Guangzhou of China.
The company is in the process to be listed in China stock market,. It is recognized as a potenital "super unicorn" and will be the challenger as top valued EV-maker in China.