青岛五道口新能源汽车产业基金Qingdao Wudaokou New Energy Automobile Industry Fund
Qingdao Wudaokou New Energy Automobile Industry Fund: what it holds, with stakes and dates
Facts checked
Qingdao Wudaokou New Energy Automobile Industry Fund sits at the top of every ownership chain it appears in: this site records no holder above it. The table below lists what it holds, with the stake and the date each holding began.
The short answer
| Controlled by | nothing recorded above it — the top of the chain |
|---|---|
| Kind | company |
| Origin | CN |
| Name in Chinese | 青岛五道口新能源汽车产业基金 “ching-DOW woo-dow-KOH shin-nung-YWEN” |
Former holdings
Holdings that ended, kept out of the tables above so nothing current reads as past or the reverse.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| Chery Holding Group | formerly held | not published | December 2019 | The mixed-ownership reform. Gasgoo reported in December 2019 that the Qingdao Wudaokou fund was paying about RMB 14.45bn for 30.99% of Chery Holding, rising toward 51% once existing shareholders transferred a further 20.01%; a 2024 Gasgoo retrospective puts the total at RMB 19.6bn for 51%. Because the two figures differ, no single number is recorded here. The fund sold much of the position to Luxshare in 2022. |
| Chery Automobile Co., Ltd. | formerly held | not published | December 2019 | The same 2019 transaction gave the fund a direct stake in the carmaker: 18.52% per the December 2019 report, or 35.58% per the 2024 retrospective covering the completed deal. The two published figures differ, so none is recorded as the value. |
Related
Sources for Qingdao Wudaokou New Energy Automobile Industry Fund
- Gasgoo, China's state-owned Chery welcomes private firm as new controlling shareholder. Read . Published 5 December 2019. RMB 14.45bn for 30.99% of Chery Holding and 18.52% of Chery Automobile, rising toward 51% of Chery Holding once other shareholders transferred a further 20.01%.
- Gasgoo, Wheels of Change: the Story of Chery Holding Group (Part 1). Read . Puts the total at RMB 19.6bn for 51% of Chery Holding and 35.58% of Chery Automobile.