360 gave up capital increase Nezha Zhou Hongyi: It is necessary to let the founder team lead the development

June 28 news, recently, 360 Group announced that its wholly-owned subsidiary 360 (Beijing) Private Equity Fund Management Co., Ltd. plans to hold aregistered capital of 79994371.67 yuan in HezhongNew Energy AutomobileCo., Ltd. (without actual investment). ), corresponding to the transfer of 3.532% equity of Nezha Auto to Jiaxing Xinzhu Equity Investment Partnership (Limited Partnership) and Shenzhen Jingchengguang Enterprise Management Center (Limited Partnership), and the transfer consideration is 0 yuan.

After the transfer is completed, 360 still holds 11.4266% equity of Nezha Auto.

In this regard, Zhou Hongyi responded that Nezha Auto is still a start-up company, and it is necessary to let the founder team lead the development of the company, not completely capital-led, but now the founder team has too little equity, 360 is still positioned to support and assist the team.360 Group stated that in order to support Nezha Automobile's shareholding reform and other work, the board of directors agreed to waive special rights including redemption rights, preemptive rights, and additional investment rights, and authorized the management to deal with relevant matters at their discretion according to specific circumstances, and signed relevant agreements and other necessary documents.

On the morning of the 27th, Nezha Automobile issued an announcement stating that the fund of part of the equity transferred by 360 will form a concerted action person with the management team, which is conducive to improving the corporate governance structure, enhancing the control of the management team, and controlling the various businesses of Nezha Automobile. more favorable long-term sustainable operations.At present, Nezha Auto is promoting the industrial and commercial change of this round of financing, and will quickly start the company's shareholding system reform.