AutoBeta(AutoBeta.net)09/08 Report--

Since Zhongtai Motors frequently encountered arrears of wages, production suspension and insolvency and other news, as with Zhongtai has an intricate relationship with Hanteng Motor seems to be affected to a certain extent. Recently, a "notice on work arrangements during the introduction of industrial investment" labeled "Hanteng document" was exposed.

According to the "Automobile Commune" media quoted insiders learned that on September 3, the person received a "Hanteng document" labeled "notice on the work arrangements during the introduction of industrial investment." According to the notice, most of the company's employees will continue to take leave from September 7 to October 8 and go to work on October 9.

It is worth noting that this is Hanteng car from August 10 to September 6 issued a notice to the company during the high temperature equipment maintenance period, for nearly a month of "high temperature leave", scheduled to go to work on September 7. However, the hot holiday is just coming to an end, and the company is entering a long holiday again, which means that Hanteng's shutdown plan has been extended again.

The reason why we have encountered frequent holiday arrangements is that the production and operation of Hanteng Automobile is facing unprecedented difficulties. Several of its employees said that the company's salary in June and July has not yet been paid, even during the high-temperature holiday is calculated according to the monthly minimum wage of 1430 yuan, "QQ social security will be lost." According to the Shangrao Economic Development District Office for radical treatment of arrears of wages, the investigation verified that Hanteng Motor and its subsidiaries failed to pay their employees' wages in June and July.

In addition, according to enterprise investigation information, there are a total of 69 self-risks and 24 related risks in Hanteng Motor, which has been listed as the executee by the Shangrao County Court and the Shangrao Intermediate people's Court this year. The most recent one was on August 5, when Hanteng was enforced by the court for failing to fulfill its legal obligations on time, with the subject matter of 1.7 million yuan, involving a total of 1.498 billion yuan in secured claims. This undoubtedly shows that there are some disputes between Hanteng Motor and upstream parts suppliers.

Data show that Hanteng Automobile, as one of the six major vehicle manufacturing enterprises introduced into the Economic Development District of Shangrao City, has a total investment of 13.7 billion yuan and has established two major bases with a total production capacity of 350000 vehicles per year. Among them, the first phase has a total investment of 3.7 billion yuan, with a production capacity of 150000 vehicles, and the second phase has a total investment of 10 billion yuan and a production capacity of 200000 vehicles.

However, Hanteng sold only 7683 vehicles this year, compared with 24979 last year and 2067 in July, according to the Federation of passengers. So there is no sales support, but still have to maintain the factory's daily production costs, including labor costs. Water and electricity bills, even for such sales, it is difficult to repay the loan interest.

Some employees think: "Hanteng has been on holiday, procrastinating not to pay wages, is to let us take the initiative to resign." Last year, the company had more than 300 employees, but now fewer than 2500 employees are left because of wage arrears that make it impossible for many employees to wait. According to the income tax details provided by an employee who spoke on condition of anonymity, it was also confirmed that the employee's normal salary and salary income in July was 0 yuan, and the declared tax was also 0 yuan.

For the current Hanteng, it is indeed experiencing the same "track" as Zhongtai Motors. After all, Hanteng Motors and Zhongtai Motors are inextricably linked, and it can even be said that Hanteng borrows Zhongtai's car to change its shell to do the so-called originality. For such car companies without brands, core technology and capital, with the gradual slowdown of the economic downturn and market increment, and the Chinese automobile market is entering a new stage of stock competition, coupled with the impact of COVID-19 's epidemic situation, it is bound to become a weak brand facing elimination.

Data show that Hanteng Automobile Co., Ltd., founded in November 2013, is located in Jiangxi Shangrao Economic and technological Development Zone. It is a brand-new private vehicle manufacturing enterprise with the R & D, production and sales of traditional power vehicles, new energy vehicles and key auto parts as its core business. Since its inception, it has been able to build a complete vehicle manufacturing capacity with completely independent intellectual property rights, and the main products include SUV and MPV series passenger models.

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