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According to relevant media reports, the Human Resources and Social Security Bureau of Changshu City in Jiangsu Province announced through the official Wechat official account: "after investigation, Guanzhi Automobile Co., Ltd. owed 751 workers 10.0018 million yuan in wages and was ordered to make corrections and refused to make corrections. In accordance with the suspected crime of refusing to pay labor remuneration, it was transferred to the public security organs in accordance with the law." However, the concern of the automobile industry found that the news was no longer available in the official account of Changshu Human Resources and Social Security Bureau when inquiring about this news.

According to the Blue Whale Financial report, in response to the news that Guanzhi was suspected of being transferred to the public security for handling, the relevant staff of Baoneng Group said: after the notification was issued, Guanzhi immediately reported and communicated with the Changshu Bureau of Human Resources and Social Affairs. After verification and confirmation, Bao Neng Guanzhi Automobile had previously communicated with the Bixi subdistrict office of the Changshu Municipal people's Government on the issue of employees' arrears of wages and properly handled them. Guanzhi Motor issued a written commitment to pay in four installments, and is currently paying normally according to the plan. As of August 1, Guanzhi Motor has paid a total of 5.201 million yuan on schedule in accordance with the above commitments, and the rest will be fulfilled in accordance with the follow-up plan. Due to the synchronization of information and other reasons, Changshu people and Social Affairs Bureau is not aware of the latest wage payment arrangements. After confirming the above wage payment facts, the bureau withdrew the notice about our company published in the window of Changshu people's Society on the evening of July 31.

As early as mid-2021, Baoneng and its Qoros were exposed to arrears of wages, suspension of social security and provident fund, and so on. In April this year, the Yunnan Provincial Development and Reform Commission announced that the "Kunming Baoneng New Energy Automobile parts production Project" and the "Guanzhi Automobile Co., Ltd. (Kunming) Branch Construction Project" did not start construction because they were two years overdue. It has not been explained through the Yunnan Province investment project online examination and approval supervision platform, and the filing information has not been withdrawn, and the corresponding treatment has not been made after reminding. According to the relevant regulations, the two projects have been removed from the project filing information on the Yunnan investment project online examination and approval supervision platform, and their investment filing documents are invalid.

Then, on May 7, Shandong Automobile Circulation Association issued a document entitled "consumption warning of Guanzhi Brand cars", which showed that the consumption rights protection workstation of Shandong Automobile Circulation Association received a number of complaints about after-sale maintenance of Guanzhi car owners in Jinan. According to the investigation of the association, four Baoneng Guanzhi auto stores in Jinan have been closed and the factory's service phone has been cancelled. For this reason, the consumer rights workstation of Shandong Automobile Circulation Association mailed an inquiry letter to "2088 Baoan North Road, Luohu District, Shenzhen", where the headquarters of Baoneng Group, which belongs to the Guanzhi brand, was returned because the letter was empty. According to the multi-understanding of the Association, Baoneng Motor currently has serious business problems, and so far there is no response, resulting in the legitimate consumer rights and interests of Guanzhi brand owners can not be protected and seriously damaged. For this reason, Shandong Automobile Circulation Association put the Baoneng Guanzhi automobile brand on the consumption blacklist and issued a consumer warning to the vast number of consumers in the province: be careful to buy Baoneng Guanzhi brand cars. In response, the relevant person in charge of Baoneng Group responded that the headquarters of Baoneng Group was not empty, but that the office location had been changed, and that Baoneng Automobile Jinan Jiyang Store could provide relevant after-sales maintenance services during normal business. Baoneng Automobile National Service Hotline is also in normal service.

Data show that Guanzhi Automobile was founded in 2007, jointly invested by Chery Automobile Co., Ltd. and Israel Group, the legal representative is he Hua, with a registered capital of about 16.925 billion yuan. When the auto industry focused on the in-depth report on the development of Guanzhi Automobile, it was found that as an independent brand with an early positioning of high-end in China, Guanzhi 3, the first mass-produced model, was released in China as early as 2013. the car is located in the compact sedan market, and officials say the Qoros brand will target mainstream joint ventures such as Volkswagen and Toyota. In addition, during the period from 2014 to 2016, Qoros successively launched four models: Quan Zhi 35 door version, Guanzhi 3 Urban SUV, Guanzhi 5SUV and Guanzhi 3 GT models, of which Guanzhi 35 door version went on sale at the end of June 2014; Guanzhi 3 Urban SUV launched in December 2014, Quan Zhi's first medium-sized SUV model, Quan Zhi 5SUV, launched on March 2, 2016, and Guanzhi 3 GT went on sale in November 2016.

Although there are many products and the speed of updating is not slow, the development of Qoros in China was not smooth during the period when Chery controlled Qoros. According to the data, Qoros lost 2.2 billion yuan in 2014, 2.5 billion yuan in 2015 and 1.9 billion yuan in 2016. Then, in 2017, members of Guanzhi's original management team also left one after another, and in October of the same year, he Goth, vice president of Guanzhi Automobile, officially resigned, and the once proud "international team" gradually disintegrated. Against this background, Qoros has to seek new exits.

In December 2017, Guanzhi Automobile announced that Baoneng Group's strategic investment Guanzhi Automobile has become a major shareholder, forming a tripartite shareholder holding of Baoneng, Chery Automobile and Quantum. At the beginning of 2018, Baoneng Group acquired a 51% stake in Guanzhi for 6.63 billion yuan, officially becoming the controlling shareholder of Guanzhi Automobile. In January 2019, Baoneng again bought a 12 per cent stake in Quantum for 1.56 billion yuan, increasing Baoneng's stake in Quan to 63 per cent.

After Baoneng took over, Baoneng gave Guanzhi great confidence. Yao Zhenhua, chairman of Baoneng Group, announced at the Guanzhi Automobile Dealer Conference in March 2018 that for five consecutive years starting from 2018, 10 billion yuan will be invested in new car research and development every year, and 26 new models are expected to be launched by 2022. Qoros sales also rose 320% to 63000 units year-on-year, but after a brief "dawn", Qoros sales declined year after year. So far, the promise made by Baoneng Group to Guanzhi has failed to reverse Quan Zhi's predicament. According to the data, Qoros sales fell to 22700 in 2019 and again to 13100 in 2020. By 2021, under the influence of many factors, such as internal staff turnover, protection of rights of external suppliers and dealers, and sales failure, its sales have halved again, with sales of only 5200 vehicles in 2021, including zero in July and less than 100 in October and December.

Since 2022, Baoneng Automobile has brought two new cars, GX5 (code name GX16) from the new luxury intelligent new energy vehicle brand "BAO" and Guanzhi 6 (code name C21) from Quan Zhi Automobile, at the new car product appraisal conference in an attempt to get out of the predicament. In May, there was news that Baoneng planned to mass-produce the GX16 model this year, but there has been no further disclosure since then.

Cui Dongshu, secretary general of the Federation of passengers, pointed out in an interview with the media earlier that "it is not effective to promote new automobile products, and the aging and out-of-date mode of products is the main reason why Guanzhi Automobile is abandoned by the market." poor management and lack of product innovation have doomed Guanzhi Motors not to go too far. At present, the situation of Qoros is not optimistic. According to SkyEye app, there are 81 messages about Quan Chi Motor Co., Ltd., with a total execution amount of 860 million yuan, and 98 consumption restrictions, the most recent of which was released on May 21 this year.

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