AutoBeta(AutoBeta.net)07/21 Report--

Tianyan information shows that on July 17, Weimar Automotive Technology Group Co., Ltd., Weimar New Energy Vehicle Sales (Shanghai) Co., Ltd., Weimar Smart Travel Technology (Shanghai) Co., Ltd., and Weimar Automobile Manufacturing Wenzhou Co., Ltd. added information on the person subject to execution, the execution target is more than 642 million yuan, and the enforcement court is the Shanghai City Higher People's Court.

Sky Eye information shows that the above-mentioned companies all have multiple pieces of information on persons subject to execution, equity freezes, consumption restriction orders, persons subject to breach of trust and information on final cases. Among them, WeiMa Automotive Technology Group Co., Ltd. has 10 pieces of information on the person subject to execution, with a total amount of 728 million yuan; WeiMa New Energy Vehicle Sales (Shanghai) Co., Ltd. has 34 pieces of information on the person subject to execution, and the total amount of execution is 852 million yuan; WeiMa Smart Travel Technology (Shanghai) Co., Ltd. has 4 pieces of information on the person subject to execution, and the total amount of execution is 644 million yuan; Weima Automobile Manufacturing Wenzhou Co., Ltd. has 28 pieces of information on the person subject to execution, and the total amount executed is 775 million yuan.

It is worth mentioning that according to the National Enterprise Credit Information Disclosure System, on July 1, Weima Automotive Technology Group Co., Ltd. and Zhengweima Automotive Technology (Shanghai) Co., Ltd. were included in the business anomaly list by the Shanghai City Qingpu District Market Supervision and Administration Bureau for failing to publish their annual reports within the prescribed time limit. Among them, the former is the operating entity of Weimar Automobile and has currently applied for bankruptcy review; the latter is a company established by Weimar Automobile and was established on March 10, 2023. The legal representative is Peng Wenjun and the registered capital is 1 billion yuan., the equity penetration chart shows that the company is jointly held by Shenzhen Zhengwei Energy Holdings Co., Ltd. and Weimar Automobile Technology Group Co., Ltd., with a shareholding ratio of 55:45.

Looking back on the development history of Weimar Motors, compared with the current mainstream new car-building force "Wei Xiaoli", the early Weimar Motors can be said to have abundant teachers. It was established in 2015 and released its brand and first mass-produced car EX5 in 2017. It then appeared and became the first echelon of the new car-building force. Unfortunately, today's Weimar Motors has collapsed.

At present, WeiMa Automobile has two production bases in China, namely Wenzhou, Zhejiang, and Huanggang, Hubei. The main bodies of the company are WeiMa Automobile Manufacturing Wenzhou Co., Ltd. and Hubei Xinghui New Energy Intelligent Vehicle Co., Ltd., respectively. It has deployed EX5, W6, E.5 and M7 four models, but they are almost in production and suspension. The industry believes that Weimar Automobile's current situation is not only related to its poor operating conditions and tight finances, but also related to the lack of competitiveness of its products in the auto market and insufficient R & D investment. More importantly, Weimar Automobile's own lack of blood-making ability.

At present, Weimar Motors is still in the critical stage of pre-restructuring. However, given the current situation of Weimar Motors, Weimar Motors 'hopes of restarting its business have become increasingly slim. It is unclear where Weimar Motors will go in the future.

Welcome to subscribe to the WeChat public account "Automotive Industry Focus" to get the first-hand insider information on the automotive industry and talk about things in the automotive circle. Welcome to break the news! WeChat ID autoWechat