AutoBeta(AutoBeta.net)08/15 Report--

Tianyan information shows that on August 13, Gaohe (Qingdao) Automobile Sales and Service Co., Ltd. added a new piece of information on the person subject to execution, with the execution target of more than 3.7449 million yuan. The enforcement court was the People's Court of Jinjiang District of Chengdu City.

Prior to this, on August 9, Gaohe (Qingdao) Automobile Sales Service Co., Ltd. and Gaohe (Chengdu) Automobile Service Co., Ltd. added two pieces of information on the person subject to execution, with a total execution target of more than 1.7047 million yuan, involving housing lease contract disputes and property service contract disputes, the enforcement court is Chengdu City District People's Court.

At the same time, the above two companies were ordered to restrict consumption due to cases involving lease contract disputes. The contents of the "Order of the People's Court of Jinjiang District of Chengdu City" show that the above two companies were restricted by the People's Court of Jinjiang District of Chengdu City due to failing to fulfill the payment obligations determined in the effective legal documents within the period specified in the enforcement notice. At the same time, Ding Lei, the legal representative of the two companies, was also restricted from high consumption.

According to public information, Gaohe (Qingdao) Automobile Sales and Service Co., Ltd. was established in April 2021 with a registered capital of RMB 2 million. The legal representative is Ding Lei. The company is wholly-owned by Chinese Express Investment Co., Ltd. Currently, the company has multiple information on the person subject to execution and consumption restriction orders. Among them, the company currently has 6 pieces of information on the person subject to execution, and the total amount executed is 6.4429 million yuan.

Gaohe (Chengdu) Automobile Service Co., Ltd. was established in December 2020 with a registered capital of RMB 20 million. The legal representative is Ding Lei. The company is wholly-owned by Gaohe (Qingdao) Automobile Sales Service Co., Ltd. At present, the company has 2 pieces of information on the person subject to execution, with a total amount of 1.7047 million yuan.

The current Gaohe Automobile is a feather in the ground. On August 8, the People's Court of Yancheng Economic and Technological Development Zone issued a decision and decided to accept the pre-reorganization application of Chinese Express (Jiangsu) Technology Co., Ltd.(hereinafter referred to as "Chinese Express"). Later, news of Gaohe Automobile's bankruptcy came out in the market. In response to this, Gaohe Automobile officially responded to the judgment, saying that Gaohe Automobile is currently officially entering judicial pre-reorganization. At the same time, Gaohe Automobile emphasized that "judicial pre-reorganization" is not "bankruptcy reorganization", let alone "bankruptcy liquidation."

According to Gaohe Automobile: "Judicial pre-reorganization is an important turning point to gradually solve Gaohe Automobile's current difficulties. It is also a key step for the government, courts, shareholders, and intended investors to recognize the value of Gaohe Automobile and promote the Chinese Express Company with the intervention of judicial effectiveness. Solve creditor issues and form a reorganization and revitalization plan that is in the common interests of all parties as soon as possible. After an agreement is reached on judicial pre-reorganization, Gaohe Automobile will conduct judicial reorganization and will be officially on track in the future. "As for whether Gaohe Automobile can be reborn in the future, there are still many uncertainties.

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