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As one of the new car-building forces, Jiangsu Sailin has made a high-profile announcement of producing supercars in China, and since June 23 this year, the company has experienced the complete closure of factories and office buildings, the freezing of accounts and the filing of relevant officials for investigation.

According to public data, Jiangsu Sailin Automotive Technology Co., Ltd. has five shareholders, of which Nantong Jiahe is the largest shareholder of Jiangsu Sailin Automobile, holding 33.42% of Jiangsu Sailin shares, and is the only shareholder with a state-owned background. According to people familiar with the matter, Nantong Golden Harvest has provided more than 5.9 billion yuan to Jiangsu Sailin, but the funds have been seized since the project was launched in 2015. Sailin has not obtained a vehicle production license, let alone built its claimed supercar. The early financing has been exhausted, Nantong Jiahe a complaint will take Sailin to the court to repay the loan, Sailin car-related assets have also been seized.

A CCTV reporter visited the Sailin Automobile Factory in Jiangsu Province and found that at the door of the "Super running Factory," there was a notice on the seizure of the assets of Sailin Automobile by the Intermediate people's Court of Nantong City, Jiangsu Province: because it was involved in a loan dispute with Nantong Jiahe, all the assets of Sailin Automobile were seized.

It is understood that the Jiangsu Sailin factory, which covers an area of more than 9.5 million mu, was originally built to produce Sailin supercars, but so far it has not been realized. Former employees of Jiangsu Sailin Automobile said that the production line has not done real mass production and trial production, and their equipment is still in a state of adjustment. In fact, there is still a process from commissioning to mass production, which has not yet reached the level of energy production.

Seeing the failure of the supercar project, Jiangsu Sailin began to transform from the production of supercar to the production of micro-electricity. On July 20, 2019, Sailin held a brand and new car press conference at the Bird's Nest in Beijing, announcing that Sailin has a total of four products, including the fuel version of the supercar Sylin S7, the coupe Sailin S1 and the SUV Sailin Maike, and the pure electric model Sailin Miami.

At the press conference, Wang Xiaolin delivered a speech with high morale: "my first dream is to bring the world's top super race to China. This dream has come true." Sai Lin, the pioneer of American supercar and the leader of global supercar, has come to China, not to ask for China's market share, but to come to China, made in China and sold all over the world. "

As Sailin's first production model, Maimai started pre-sale in November 2019, with a subsidized price of 15.88-168800 yuan, but it was hastily removed from the Tmall store just two months later, which netizens called an old man's happy. How did you have the courage to order such a high price? According to relevant reports, the cumulative number of orders is only 9.

On 2 July, the management committee of Jiangsu Rugao Economic Development Zone reported that Wang Xiaolin, chairman of Jiangsu Sailin, and others had been put on file for investigation by public security organs on suspicion of providing false certification documents and misappropriating huge assets. Wang Xiaolin responded that "Nantong Golden Harvest has spared no effort to seize the company's assets and control." The so-called pick-up company was set up as early as March last year, and as early as April 1, it secretly signed a contract with the security company to take full control of the company's assets; seized the company's assets, frozen the company's accounts, cut off water and electricity, and forced employees to resign. Starting from today, I will return to my old profession: lawyer and law professor. "

The crazy new car-building forces are quickly beaten out of their original shape under the interference of the epidemic, and most of the unmass-produced car-building brands are facing elimination and elimination. In fact, Jiangsu Sailin's current situation is only a microcosm of the car-building brand industry: on June 15, Boxun announced that it had failed to build a car and would sell core technologies such as model platforms; on July 1st, Baiteng Motors also had to announce that it had to officially suspend its domestic operations, leaving a team of less than 100 people to continue to operate, and offices in North America and Germany had launched bankruptcy protection applications.

In the first half of the year, the new forces of car-building gradually formed three camps: car-building brands dominated by NIO, Xiaopeng, ideal and Weima are constantly expanding the market, increasing delivery volume and actively promoting financing; although car-building brands based on zero running, Aichi and Nezha have completed mass production, their sales are very ugly and are facing the dilemma of advancing and retreating. With Baiteng, Boxun, Sailin, Future and other car brands that have not yet achieved mass production, in the context of not having enough funds to survive, frequent incidents such as unpaid wages, workers' rights protection, factory shutdowns and so on will undoubtedly push the brand to a dead end. these brands will become brands that will be eliminated by the market.

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