AutoBeta(AutoBeta.net)08/25 Report--

According to Tianyan investigation information, on August 20, Tianji Automobile sales (Changsha) Co., Ltd. added a piece of information about the person subject to execution, with an execution target of more than 125 million yuan, involving disputes over sales contracts between Shanghai Automobile Trading Co., Ltd. and its related trading contracts. the enforcement court is the Shanghai No. 1 Intermediate people's Court.

On the same day, Tianji Automobile sales (Changsha) Co., Ltd. added a consumption restriction order. The applicant was HKUST Intelligence (Hefei) Technology Co., Ltd., and the enforcement court was the people's Court of Wangcheng District of Changsha City. The reason is that the company failed to fulfill the payment obligations stipulated in the effective legal documents within the period specified in the enforcement notice.

Tianji Automobile sales (Changsha) Co., Ltd. was established in August 2020, the legal representative is Zhang Hailiang, the registered capital and paid-in capital are 50 million yuan. According to the risk information, at present, the company has a number of persons subject to execution, restrictions on consumption orders, breach of faith and final capital case information. As of the press release, 14 cases of the company were executed, with a total amount of 149 million yuan; 2 cases of breach of trust, with a proportion of 100%; and 3 cases of final cases, with a total amount of 2.5699 million yuan, 2.2953 million yuan and 89.3%.

According to shareholder information, Tianji Automobile sales (Changsha) Co., Ltd. is wholly owned by Tianji Automobile (Changsha) Group Co., Ltd., which was established in September 2018 and was named "Changsha Electric Automobile parts Manufacturing Co., Ltd." is the production and manufacturing company of Tianji Automobile.

On August 13, the National Enterprise bankruptcy reorganization Information Network showed that Tianji Automobile (Changsha) Group Co., Ltd. was filed for bankruptcy liquidation by Shen Yuqing, and the handling court was the Yuelu District people's Court of Changsha City.

Tianji Automobile, formerly known as Electric Cafa car, was established in 2015 as a sub-brand incubated within Letv Automobile. In 2017, Zhang Hailiang, then CEO of Letv Automobile, entered the electric coffee car and launched the first model of electric coffee EV10, which was regarded as the veteran brand among car manufacturers at that time, focusing on the mini electric vehicle market. Later, in order to enter the high-end market, the electric car changed its name to Skyline Automobile, and factories were built in Changsha, Hunan, Shaoxing, Zhejiang, and Nanning, Guangxi, with a total planned production capacity of 220000 vehicles, which is also the advantage of Skyline over other new domestic car-building powers. however, the road of Skyline's transformation is not smooth.

In April 2023, it was revealed that the factory had stopped production and employees' wages would be paid according to the minimum standard, and then fell into a complete shutdown. At present, Skyline cars on sale include Skyline ME7 and Skyline ME5, which sold 1778 vehicles in 2021 and 5321 in 2022, which is less than Wei Xiaoli's monthly sales, according to the Federation of passengers. Cumulative sales in the first four months of 2023 were 359, and no sales figures have been available since then.

According to the national enterprise credit information publicity system, the above-mentioned Tianji Automobile sales (Changsha) Co., Ltd. was listed on the abnormal operation list by Hunan Xiangjiang New area Management Committee on June 21, 2023 because it was "unable to contact through its registered domicile or place of business". In addition, Tianji Automotive Technology Group Co., Ltd. was listed as an abnormal operation by the Market Supervision Administration of Yuecheng District of Shaoxing City because of its "failure to publish the annual report in accordance with the prescribed time limit". In the meantime, Tianji Automobile's Zhejiang Dianca Auto parts Manufacturing Co., Ltd., Tianji Automobile sales (Changsha) Co., Ltd., Tianji Automobile sales (Shaoxing) Co., Ltd., Fujian Electric Automobile Co., Ltd., Qingdao Tianji Auto parts Manufacturing Co., Ltd. are also included in the list of abnormal operations.

In recent years, China's new energy brands have been advancing by leaps and bounds, and with the rapid growth of the new energy vehicle industry, the competition of the whole automobile industry is also intensifying day by day. A number of car manufacturers are also facing "life and death speed" since 2023. Including Reading cars, Aichi cars, self-travelers and other car brands have been unable to continue. For the current Skyline, it is short of both money and volume products. In this context, Skyline has been on the brink of a cliff, and it can be imagined that it is difficult to recover from the past.

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