6 Billion Yuan Private Placement Completed! This New Energy Vehicle Company Welcomes New Second Largest Shareholder

BAIC BluePark is currently focusing on building two major vehicle brands: Arcfox and STELATO.

On January 26, BAIC BluePark (600733) officially announced the successful completion of its annual A-share private placement, raising a total of 6 billion yuan, with the cumulative subscription amount in the capital market exceeding 10 billion yuan.

BAIC Blue Valley announced that the company's private placement project has been highly sought after by the market, with subscription intentions exceeding 10 billion yuan in fundraising. Among these, the market-oriented subscription portion reached 7.76 billion yuan, which is 2.1 times the planned market-oriented fundraising scale of 3.7 billion yuan.

Among them, E Fund, the largest mutual fund company in China, invested 2.2 billion yuan, becoming BAIC BluePark's second-largest shareholder, only after BAIC Group.

According to the data, BAIC BluePark is a high-tech listed company and an integrated green and intelligent mobility solution provider under BAIC Group. Founded in 2009, it is one of the earliest independent new energy vehicle companies in China. In 2018, it officially landed on the A-share market, becoming "China's first new energy vehicle stock" - BAIC BluePark, whose main business includes the R&D, design, production, manufacturing, sales and service of new energy passenger vehicles. Currently, the company is fully committed to building two major vehicle brands: "ARCFOX" and "Stelato".

On January 23rd, BAIC BluePark announced that its subsidiary, BAIC BJEV, plans to invest in the construction of the Stelato Super Factory's high-end platform vehicle industrialization and production line digitalization upgrade project. This project will upgrade key processes and equipment at the Stelato Super Factory and implement digital transformation, enabling it to produce BE223.0 high-end platform vehicles. It will also comprehensively enhance the manufacturing system's flexibility, efficiency, quality, and intelligence levels.

The project is estimated to have a total investment of 1.991 billion yuan, focusing on "production efficiency improvement" and new model introduction. With "suitability" as the prerequisite, it will be planned and implemented in stages. The renovation covers the four core process areas of the AITO megafactory: stamping, welding, painting, and final assembly. It aims to introduce the BE223.0 platform and three models by upgrading production lines, applying digital and intelligent technologies, and expanding process-based vehicle production capabilities. This will comprehensively improve the flexibility, efficiency, quality, and intelligence of the manufacturing system.

According to BAIC BluePark's performance forecast, the company expects a net profit attributable to shareholders of the listed company to be between -4.65 billion and -4.35 billion yuan for the full year of 2025.

Regarding the projected loss, BAIC BluePark stated that to seize the development opportunities in the new energy vehicle market, the company is steadfastly implementing its "Three-Year Leap" strategy, continuously investing in product research and development and channel construction, which has had a temporary impact on the company's performance.

Additionally, in 2025, BAIC BluePark's sales volume reached 209,576 units, representing a year-on-year increase of 84.06%. However, as economies of scale have yet to fully materialize, the company as a whole remains in a loss-making phase during its strategic investment period. With the planned rollout of new product matrices and the further implementation of cost-reduction and efficiency-enhancement measures, the company's profitability is expected to improve further.