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Weimar has frozen 6.2 million of its assets!

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)07/05 Report--

According to the China referee Writing Network, civil rulings of first instance on sales contract disputes between Weibast Roof heating system (Shanghai) Co., Ltd. and Weima Automotive Technology Group Co., Ltd. have been made public. According to the documents, Weibast Roof heating system (Shanghai) Co., Ltd. applied to the court for property preservation, requesting to take preservation measures against the property valued at 6.209 million yuan under the names of the respondent Weima Automotive Technology Group Co., Ltd., and Weima New Energy Automobile Purchasing (Shanghai) Co., Ltd. After examination, the court found that the applicant's application was in line with the provisions of the law and ruled that it would be executed.

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Recently, Weimar has been in a lot of trouble.

According to the Securities Daily, Weimar once again suspended its salary, and only the director and above middle and senior executives were paid, while others suspended their wages, but Weimar did not publicly reply to the authenticity of the report.

On July 3, Weima Automotive Technology Group Co., Ltd. was listed as the executor of bad faith by the Shanghai Qingpu District people's Court because Peng applied to the Shanghai Qingpu District Labor and personnel dispute Arbitration Commission for arbitration, asking Weima Automobile to pay 14065 yuan in wages, but failed to pay the wages on time after the court judgment, and finally became the executor of the breach of trust. At the same time, Shen Hui, chairman of Weimar Automobile, has also been restricted from high consumption.

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According to the China Executive Information publicity Network, the executive information has been revoked. The judgment documents show that the court has exhausted the property investigation measures, and the person subject to execution in this case has no property to execute for the time being, so there is no condition to continue the execution, so the execution procedure should be terminated. If the person applying for execution finds that the person subject to execution has property available for execution, he may apply for execution again.

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How to get ashore when Weima is in a quagmire? Starting from the second half of 2022, Weimar began to be exposed that the store was closed in a large area. In November 2022, Weimar was exposed to a pay cut in order to reduce operating costs. In February this year, Weima was revealed to be in arrears with employees' wages, and employees went to the factory gate to pull banners to protect their rights after asking for wages in vain, and then the relevant departments intervened to investigate the matter.

It's like an endless cycle. After the financial crisis, the Weima car factory was forced to stop production because it was unable to pay its suppliers and there were no orders, and more and more employees had to leave to find a new way out. With the deepening of the Weimar crisis, its stores have been closed in many provinces and cities across the country. Car owners want repairs but can not find stores, and even if they find stores, they have to wait a long time for spare parts. Nowadays, it is not only Weimar, but also suppliers who are in arrears, employees who have been unable to get their wages, and car owners who have failed to find parts and repairs.

In its latest response, Weima Automobile said, "at present, governments at all levels continue to pay close attention to and care about the relief and development of Weima Motor, fully carry out customer service, pay off debts in an orderly manner in accordance with the law, and are actively promoting the plan for new energy vehicles to go to sea. It is expected to resume work and production in the near future and resume normal operation."

Under the Weibo, there are 43 comments, Weima Motors opened a selection of comments, we can not see the specific content of comments, but it is not difficult to guess that there will not be many comments to encourage Weima Motors, more about salary claims, after-sales protection and so on.

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Nowadays, the competition in the new energy vehicle industry has entered a white-hot stage, and more and more brands begin to have a crisis. Aichi, for example, has been repeatedly exposed to financial problems, suspended wages for many months and asked employees to bear the social security provident fund on their own. In addition, Reading Motor filed for bankruptcy, Skyline Automobile Plant was also shut down, and Singularity Motor was recently filed for bankruptcy review. In addition, Baiteng Motor has also entered bankruptcy liquidation proceedings, and although the two companies argued that Baiteng Motor still had the hope of "reviving", the court decided to file a case that the rights and interests of creditors had not been protected for many years. As to whether Weimar will be next, we will continue to pay attention.

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