AutoBeta(AutoBeta.net)12/26 Report--

On December 25, some netizens revealed that Xilai could not pay its December salary and was waiting to be laid off. Later, the company responded that the company was not unable to pay wages, but adjusted the pay date, from the last working day at the end of each month to the 8th of the following month.

According to an internal letter from Xilai Automobile, as the number of employees increases and the salary structure becomes more and more complex, it is becoming more and more challenging to complete monthly salary accounting at the end of each month. At the same time, there are many problems, so the salary time will be adjusted.

In fact, there is no reason for the netizen to worry about being laid off. It is understood that Xilai Motor has made many layoffs this year.

On December 14, the North American headquarters of Xilai Motor in San Jose cut 141 jobs, mainly in R & D and engineering departments; in August, Li Bin released an internal letter saying that the company would lose 1200 jobs worldwide by the end of September. After the adjustment, the size of the staff will be about 7500; in May and September this year, Xilai laid off 70 and 62 people, respectively.

The main purpose of the layoffs of Xilai Automobile is to cut costs, and the main reason for cutting costs is due to financial problems.

In September this year, Xilai released its second-quarter results, which showed that it had revenue of 1.508 billion yuan in the second quarter and a net loss of 3.285 billion yuan attributable to shareholders in the second quarter, compared with a loss of 6.11 billion yuan in the same period last year. According to statistics from foreign media, Wei's cumulative loss since its inception in 2014 has reached about $6 billion, equivalent to 42.6 billion yuan.

On Oct. 16, it was reported that NIO was negotiating a financing of more than 5 billion yuan with Wuxing District, Huzhou City, Zhejiang Province, which would be used to build an automobile factory with an annual production capacity of 200000 vehicles. Shortly after the news came out, a relevant person from the Information Office of Wuxing District Government responded to the news of "5 billion yuan financing": "I have just talked about it, but I have no intention of reaching a sexual agreement. In view of the excessive risk assessment, further negotiations have been stopped."

In May this year, Xilai announced a framework agreement with Yizhuang Guotou, which will invest 10 billion yuan in Yilai, while it will build a new factory in the Beijing Economic Development Zone to produce second-generation platform models. However, so far, there has been no progress in the cooperation between Xilai Motor and Beijing Yizhuang Investment Co., Ltd.

In terms of sales volume, the cumulative delivery volume of Ulay this year is 17395, of which 8896 are delivered by ES6 and 8499 by ES8 throughout the year. Since sales began in June 2018, a total of 28743 units have been delivered by NIO so far.

With the decline of subsidies for new energy vehicles and the impact of the severe car market, there is great pressure on Lulai cars. Li Bin has said publicly that he has suffered some pressure in 2019, but he is still full of confidence in Xilai cars.

In addition, Xilai Motor will release its results for the third quarter of 2019 before the opening of the US stock market on December 30, 2019 (the evening of December 30, Beijing time). A conference call was officially held at 7: 00 a.m. on December 30 (8 p.m. Beijing time) on December 30.

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