According to corporate intelligence platform Qichacha, Sunwoda Mobility Energy Technology Co., Ltd. (Sunwoda EVB) completed a business registration change on September 30, increasing its registered capital to RMB 15.914811928 billion—a rise of approximately 9.64%.

Prior to this, on September 4, parent firm Sunwoda Electronic Co., Ltd. announced that its board of directors had reviewed and approved a capital increase and share expansion plan for Sunwoda EVB, bringing in Li Auto as a strategic investor. The announcement stated that Li Auto contributed a total investment of RMB 2.65 billion, of which RMB 1.3995 billion was allocated to newly added registered capital, representing an 8.79% equity stake in Sunwoda EVB upon completion of the transaction.

Combined with the existing shares held by Li Auto's investment affiliate, Chongqing Chezhiyuan Venture Capital Co., Ltd., Li Auto-affiliated entities collectively hold an 11.17% stake in Sunwoda EVB, establishing Li Auto as its second-largest shareholder.

Following the capital injection, Sunwoda’s equity stake held via Sunwoda Huizhou New Energy Co., Ltd. was diluted to 24.06%. However, Sunwoda retains actual control over Sunwoda EVB, and the entity continues to be consolidated into the listed parent company's financial statements.

This financing round carried a pre-money valuation of RMB 27.485 billion, consistent with the valuation set during Sunwoda EVB's Series C funding round.

As of now, Sunwoda EVB remains in the pre-IPO tutoring phase.

Source：EnergyTrend