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  Side by side, the battery giant manufacturer in Ningde era collapsed, with a debt of 19.7 billion yuan.

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  New energy 19.7 billion yuan in debt 2019-11-14
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  The total number of power batteries installed in 2019 is 62.2GWh, and Ningde era is in the lead.

  According to the statistics of the Research Department of the Power Battery Application Branch, the total installed capacity of power batteries in China in 2019 was about 62.2 GWh, an increase of 9.3% over the same period last year. Among them, ternary batteries accounted for 65.2% of the total installed capacity, an increase of 22.5% over the same period last year, and lithium iron phosphate batteries accumulated 20.2GWh, down 9.0% from the same period last year. Specifically, the installed capacity of power batteries in Ningde era is 31.71GWh, accounting for 51.01% of the total installed capacity in 2019. In addition to the Ningde era, the power battery companies ranked as TOP10 in 2019 are: 10.76GWh and Guoxuan Gao.

  Ningde era 2020-01-13
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  Honda invested 3.7 billion yuan to buy a stake in Ningde era

  Honda's investment in the Ningde era, a Chinese company, has been officially confirmed. According to the latest non-public offering report released by Ningde Times, the total amount of funds raised was 19.7 billion yuan, of which 10 billion yuan was subscribed by Hillhouse Capital and 3.7 billion yuan was subscribed by Honda Technology Research Industry (China) Investment Co., Ltd. On July 10, Honda officially announced that Honda and Ningde Times have signed a comprehensive strategic cooperation agreement on power batteries for new energy vehicles. In order to promote the popularity of electric vehicles and accelerate the strategic partnership, this strategic cooperation will cover the joint development, stable supply and recovery of power batteries.

  Honda Motor New Energy 2020-07-18
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  Huatai Motor set up a factory in Ordos to exchange coal mine land for high profits.

  Taking advantage of the investment hunger of the local government to exchange automobile projects for financing assistance is a means used by many automobile enterprises, including BYD, Geely and other automobile enterprises. Enterprises use financing to focus on the main business, and the enterprise and the government will be a win-win situation. If you only aim at the financing help of the town government, what you may get is trivial. Huaoude Transmission Co., Ltd. (hereinafter referred to as "Huaoude"), a subsidiary of Huatai Company, is located in Jiangyin High-tech Industrial Development Zone. In April and May this year, the reporter visited Howard twice, but the factory door was closed, there were no lights and there were no workers.

  Ordos Huatai Automobile 2019-06-12
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  Guan Xuan: Honda invests in a Chinese company

  In order to promote the popularity of electric vehicles, Honda Technology Research Industry Co., Ltd. announced the signing of a strategic cooperation agreement with Ningde Times, a power battery supplier, which will supply Honda with power batteries. At the same time, Honda will also take a stake in the Ningde era, with a 1% stake in the Ningde era when the deal is completed. On July 10, Honda officially announced that Honda and Ningde Times have signed a comprehensive strategic cooperation agreement on new energy vehicle power batteries to strengthen the promotion of electric vehicles and accelerate the strategic partnership. This strategic cooperation will cover the joint development, stable supply, recycling and other areas of power batteries. At the same time, the Ningde era also released.

  Honda 2020-07-11
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  Brilliance Group defaulted on billions of debts and was unable to repay due to financial constraints.

  Brilliance Automobile Group, which fell into bankruptcy reorganization due to debt problems, has become another independent automobile manufacturing enterprise that has poor management and embarked on the road of reorganization. Recently, brilliance Automobile Group said that it had defaulted on its debt of 6.5 billion yuan, and the company was unable to repay it due to lack of funds. Brilliance Automobile Group Holdings Co., Ltd. announced that brilliance has defaulted on its debt totaling 6.5 billion yuan and overdue interest totaling 144 million yuan, according to the Financial Associated Press. Due to the shortage of funds in the enterprise, the examination and approval of the renewal credit has not been completed, resulting in non-repayment. At the same time, brilliance Group's debt default has an impact on the production and operation of brilliance Group.

  Brilliance car 2020-11-16
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  Brilliance is mired in a debt crisis, and the official response has set up a debt committee to seek support.

  On August 12, a number of bonds owned by brilliance Automobile Group continued to plummet. 19 Huaqi 01 and 18 Huaqi 01 both fell more than 20%, 19 Huaqi 02 fell more than 14%, 17 Huaqi 01 fell more than 9%. For the continued decline in its bonds, brilliance said that it had set up a debt committee, which mainly took the lead in Everbright Bank, mainly coordinating relevant creditors not to draw loans, suppress loans, break loans, and continue to give financial and financial support to the company. According to the rating report released by Oriental Jincheng, at the end of March 2020, brilliance Holdings had total assets of 175.437 billion yuan and total liabilities of 122.675 billion yuan.

  Brilliance car 2020-08-13
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  Debt collection is the norm! Huatai Automobile has been sued by its suppliers for debt recovery, and its debt has reached 2.2 billion yuan.

  Zhejiang Zhuji Wanbao Machinery Co., Ltd., a wholly-owned subsidiary of Wanan Technology, submitted a civil lawsuit to the people's Court of Zhuji City on October 18, demanding Huatai Motor and its subsidiaries to pay about 13.17 million yuan, according to a notice issued by Wanan Science and Technology on November 5. At present, the people's Court of Zhuji City, Zhejiang Province has accepted the case. The announcement said that the defendant Tianjin Huatai car body continued to purchase brake assembly, vacuum booster assembly, clutch pump assembly and other auto parts from Zhuji Wanbao. Zhuji Wanbao delivered goods on time according to the order and fulfilled its contractual obligations in a timely manner. However, Tianjin Huatai car body is in arrears of payment, not in accordance with the contract.

  Huatai Automobile 2019-11-06
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  Brilliance Automobile Group is in crisis because of debt problems.

  Brilliance Automobile Group, once a well-known independent car company, is now in trouble because of its huge debt. Brilliance auto funding crisis broke out as a result of failing to repay maturing bonds on schedule. On November 2, the Shanghai Stock Exchange issued a notice giving a written warning to brilliance. According to media reports, the Liaoning provincial government is said to be considering promoting judicial restructuring of brilliance Automobile Group. Brilliance Automobile Group confirmed in an announcement that the 1 billion yuan private bond "17 Huaqi 05" could not be repaid on schedule. Brilliance was supposed to pay 1 billion of the principal of 17 Huaqi 05 before 16:00 on October 21.

  Brilliance car 2020-11-03
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  The debt is insolvent! Evergrande suffered a huge loss of 84 billion yuan in two years.

  Evergrande's report card has finally been made public! On the evening of July 26, Evergrande issued three consecutive performance reports, including the results for the year ended December 31, 2021, the results for the year ended June 30, 2022, and the results for the year ended December 31, 2022. The report shows

  Cars Evergrande losses products groups performance models liabilities Operations success Business Company Annual Cash Cash flow 2023-07-27
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  Fukuda Motor: the transfer of equity has not yet been paid, and Bowo temporarily uses assets to repay debts of 4 billion yuan.

  On April 8, BAIC Foton issued a progress announcement on the signing of contracts for the follow-up to the transfer of Baowo shares, according to the announcement. Beijing Baowo Automobile Co., Ltd. (hereinafter referred to as "Beijing Baowo") temporarily uses the estimated discount of the net asset value of the debt-paying property of 4 billion yuan to repay the designated loan. The remaining outstanding principal and all unpaid interest under the loan agreement shall be paid by Beijing Baowo in cash in accordance with the repayment time under the loan agreement, the two parties may negotiate separately on the repayment time of the principal and interest of the above-mentioned outstanding loan, but the repayment time shall be no later than January 17, 2023 and before January 17, 2022.

  Beijing Auto's Foton 2020-04-09
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  Jia Yueting was forced to execute more than 4 billion yuan, and the total amount of execution exceeded 9 billion.

  According to Tianyan App, recently, Jia Yueting added a number of executive messages, the case numbers are (2021) Jing03 Zhihui 264, (2021) Jing03 Zhihui 265, etc., with a total execution target of more than 4 billion yuan. The enforcement courts are all Beijing No. 3 Intermediate people's Court. Among them, the relevant person subject to execution also includes Letv Holdings (Beijing) Co., Ltd. At present, the total amount of execution of Jia Yueting has exceeded 9 billion yuan. On the morning of July 22, US time, Faraday Future officially listed on the NASDAQ Stock Exchange and held a bell-ringing ceremony under the ticker symbol.

  Jia Yueting 2021-07-28
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  Gan Wei voluntarily filed for divorce, and Jia Yueting was claimed for nearly 4 billion yuan.

  Jia Yueting, founder and former CEO of Faraday FF, has filed for divorce after it was revealed that he had gone bankrupt and was compensated by his wife Gan Wei for a "sky-high price" of nearly 571 million US dollars (3.983 billion yuan).

  Jia Yueting 2020-02-12
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  BYD received a subsidy of 3.458 billion yuan for new energy vehicles, and adequate cash flow will help reduce the debt burden.

  On May 22nd, BYD announced that its holding subsidiary BYD Automotive Industry Co., Ltd. had received a national new energy vehicle promotion subsidy of about 3.458 billion yuan from Shenzhen Pingshan District Finance Bureau, of which the new energy vehicle subsidy settlement and supplementary settlement fund was about 3.126 billion yuan in 2016 and 332 million yuan in 2017. BYD said that the receipt of the national new energy vehicle promotion subsidy will increase the group's capital flow, reduce interest payments, reduce financial expenses, and have a positive impact on the group's assets and debts. The first quarter of 2019.

  BYD 2019-05-23
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  Brilliance Automobile Group filed for bankruptcy restructuring after huge debts

  On November 13, the National Enterprise bankruptcy reorganization Information Network released that Gezhi Automotive Technology Co., Ltd. applied to the Intermediate people's Court of Shenyang City, Liaoning Province for the reorganization of brilliance Automobile Group holding Co., Ltd. the case number is (2020) Liao 01 Breaking Shen 27. According to Tianyan inspection information, Gezhi Technology is an automotive stamping die developer, engaged in the design, research, development, manufacture and sales of automotive stamping moulds. It mainly provides customized services for automotive stamping dies for automotive manufacturers and parts manufacturers around the world. Brilliance Automobile Group is all too familiar with China, Golden Cup, Huasong and brilliance BMW.

  Brilliance car 2020-11-14
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  BMW: the plan to buy 25% of brilliance BMW remains unchanged

  BMW responds to brilliance's debt problem: its plan to buy a 25% stake in brilliance remains unchanged

  Brilliance BMW brilliance car 2020-11-18
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  The huge group faces debts of up to 24.7 billion yuan and does not make money with 359 4S stores.

  In 2019, the entire automobile industry is very impetuous, new car sales continue to decline, some car companies have been marginalized, upstream and downstream supplier industry chain has been affected, even 4S stores are complaining that they are not making money. In such an environment, the huge Auto Trade Group, one of the top ten dealer groups in China in the past, fell into the current situation of bankruptcy restructuring and debt crisis, of which the debt may be as high as 24.7 billion yuan. The giant group announced that the Intermediate people's Court of Tangshan City, Hebei Province had ruled to accept the creditor Beijing Jidongfeng Automobile sales and Service Co., Ltd. for the restructuring of the giant group, and designated the liquidation group of Giant Automobile Trade Group Co., Ltd. as Pang.

  Huge groups huge bankruptcy restructuring 2019-11-12
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  23.54 million yuan was publicly solicited! Dongfeng Motor responded.

  On May 26, Wuhan Finance Bureau and Wuhan Yangtze River Asset Management Co., Ltd. issued a joint notice on debt collection in the Yangtze River Daily, requiring 259 enterprises and units to repay outstanding debts by the end of 2018. The announcement lists in detail the names and loan books of 259 debt units.

  Company Dongfeng Wuhan Automobile Finance Limited Co. Ltd. Light debt announcement Dongfeng Motor Unit Wuhan Yangtze River arrears 2023-05-29
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  It is revealed that before Jia Yueting filed for bankruptcy, his monthly income was $93810, which is equivalent to that of an Audi.

  On October 14, Jia Yueting's debt handling team officially released relevant information about Jia Yueting's application for personal bankruptcy reorganization in the United States. according to its contents, Jia Yueting will set up a creditor trust and transfer all assets in the United States to creditors. As the news spread that Jia Yueting had filed for personal bankruptcy reorganization in the United States, his personal financial situation was also exposed. After the completion of the plan, Jia Yueting will no longer hold any stake in Faraday Future. Jia Yueting filed for bankruptcy on October 14, according to documents disclosed on the Epiq Cases website of the bankruptcy company.

  Jia Yueting bankruptcy reorganization 2019-10-17
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  Insolvent? Huatai has a debt of 29.4 billion yuan, but now it has only 130000 yuan on its books.

  In the face of the continuous cooling of the automobile market, and with the gradual saturation of the domestic automobile industry, many automobile companies are facing the situation that they are about to be eliminated. A few days ago, the media revealed that after the court conducted an asset investigation on Huatai Motor, it was found that the value of only one car remained on the company's books. Who would have thought that the nearly 20-year-old carmaker would end up like this? According to the property investigation conducted by the people's Court of Tianjin Binhai New area on Huatai Automobile Group, all its subsidiaries have been pledged and the shares of listed companies held have been frozen. All bank deposits under Huatai Automobile Group add up to only 132,239.

  Huatai has a debt of 29.4 billion yuan and a book balance of only 130000 yuan. 2019-10-06