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  Something's going to happen! Bowo's auto assets were seized by the court

  "good is expensive, expensive is good", Bowo car thunderstorm again! Last night, Chinese commercial vehicle brand Foton Motors issued a notice saying that due to the inability to repay suppliers and other creditors, the relevant creditors applied to seal up Beijing Baowo related assets, involving an amount of about 124 million yuan. The book value of the seized property is 2.209 billion yuan, including machinery and equipment, transport equipment, office equipment, IT equipment, tooling moulds, other equipment, projects under construction and inventory. The assets of Beijing Baowo seized this time do not belong to Futian, nor are they related assets that Beijing Baowo uses assets to repay debts. Fukuda made it clear that the assets seized this time.

  Bowo car 2021-12-10
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  To solve the problem of inter-industry competition, FAW cars and FAW shares are exchanged for assets.

  The problem of peer competition between FAW car and FAW Xiali is expected to be alleviated. A few days ago, FAW car Co., Ltd. issued an announcement that according to the overall strategic layout of FAW cars and the need for major asset restructuring with China first Automobile Co., Ltd., FAW car plans to set up a wholly-owned subsidiary with its own capital of 50 million yuan, and the name of the company is tentatively designated as FAW Pentium car Co., Ltd. FAW Pentium sedan Co., Ltd., established by the latter, will undertake restructuring and purchase assets, FAW sedans purchase passenger car business, and at the same time place FAW liberation assets owned by major shareholders to achieve asset swap. FAW car.

  2019-06-25
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  Another established car company is unable to sustain and plans to withdraw from the automobile market by selling assets.

  On September 17, Tianjin FAW Xiali Automobile Co., Ltd. (hereinafter referred to as "FAW Xiali") issued the report on the sale of major assets and the issuance of shares to purchase assets and raise supporting funds and related party transactions. According to the report, the overall plan of the transaction includes four parts: free transfer of shares of listed companies, sale of major assets, issuance of shares to purchase assets and raising supporting funds. According to the report, FAW car Co., Ltd. plans to transfer its 697620651 shares of FAW Xiali to China Railway Materials Co., Ltd. In addition, FAW Xiali plans to sell its holdings except Xin'an Insurance 17.5.

  FAW Xiali 2020-09-18
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  Be sued! The German car company's assets in Russia have been frozen.

  On March 20, foreign media reported that all Volkswagen assets in Russia had been frozen. Reported that a court in the Russian region of Nizhny Novgorod seized all the assets of Volkswagen Group in Russia because the Gorky Automobile Factory (hereinafter referred to as GAZ) asked it to claim more than 155 billion rubles. Data show

  Volkswagen Russia Automotive Group Volkswagen Factory Volkswagen Group Brand Asset production Market Company Kalu Nizhny Novgorod Investment 2023-03-21
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  All of a sudden! Jianghuai Automobile acquires some assets of Anhui Lulai

  On the evening of December 22, Jianghuai Automobile issued an announcement showing that Anhui Jianghuai Automobile Group Co., Ltd. (hereinafter referred to as "Jianghuai Automobile") intends to acquire the project assets related to the equipment installation project held by Weilai Automobile (Anhui) Co., Ltd.

  Automobiles companies assets Anhui production events Cooperation Independence contract Manufacturing net profit net profit Directors influence announcement Strategy 2022-12-22
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  FAW car transfers two assets, annual profit is expected to increase by 105 million yuan

  On December 11, FAW car issued two announcements in succession, showing that the company will hold assets located in Jingkai District of Changchun City for public listing and transfer at a listing price of 65 million yuan, and the transferee is Changchun Zhisheng stamping Die Co., Ltd. the final transaction is 81.2 million yuan, and the transaction is expected to increase the company's profit by 57 million yuan in 2019. Another announcement shows that the company plans to dispose of the property and transfer it to FAW Asset Management Co., Ltd. (FAW assets) at 75.0481 million yuan. The transaction is expected to increase the company's profit by 48 million yuan in 2019. The two deals are expected to increase the company by 20.

  FAW car 2019-12-12
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  Be sued! The German car company was claimed $348 million.

  Shortly after Volkswagen lifted some of the assets freeze in Russia, Volkswagen received another $348 million in compensation from the Russian GAZ Group. On April 11th, according to media reports, court records showed that Gorky Automobile Plant, a subsidiary of the Russian GAZ Group, was on April 7th.

  Volkswagen Russia Automotive Group Volkswagen assets Factory Volkswagen Group Litigation Nizhny Novgorod production Company contract Market Court 2023-04-11
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  FAW Xiali lost 1.4 billion yuan in 2019, and its assets were negative at the end of the year.

  On the evening of April 9, as the net assets of FAW Xiali at the end of 2019 were negative, FAW Xiali was treated as a "delisting risk warning" since the 10th, and the stock abbreviation was changed from "FAW Xiali" to "* ST Xiali". According to the annual report released by FAW Xiali in 2019, the operating income in 2019 was 429 million yuan, down 61.85% from the same period last year; the net profit attributed to listed companies was-1.481 billion yuan, down 4068.32% from the same period last year; the net profit after deducting recurrent profit and loss belonging to shareholders of listed companies was-1.561 billion yuan, down 23.57% from the same period last year.

  FAW Xiali 2020-04-10
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  Jia Yueting filed for bankruptcy reorganization, official statement: FF as soon as possible to achieve equity financing and IPO targets

  The news that Jia Yueting, the founder of FF, voluntarily applied for personal bankruptcy reorganization was confirmed that according to the plan, all FF shares and related income rights held by Jia Yueting were formally transferred to the creditor trust, which will be controlled and managed by the creditor committee and the trust trustee. In addition, the debt handling team told the media that so far, Jia Yueting has repaid more than 3 billion US dollars in debt, and the total outstanding debt is about 3.6 billion US dollars. If you subtract the secured debt that has been frozen for disposal of domestic assets and convertible shares, Jia Yueting's remaining net debt is about 2 billion US dollars. FaradayFuture released on October 14 th.

  Jia Yueting goes bankrupt 2019-10-15
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  In order to invigorate the company's idle assets, Jianghuai Motor plans to transfer the second factory.

  Since the second half of 2018, domestic automobile production and sales have slipped, resulting in a depression in the automobile industry. In particular, the superimposed impact of the epidemic in 2020, so that weak brands are even worse, have made self-rescue plans. Among them, Jianghuai Automobile has also made arrangements to transfer some of the assets of the second passenger car factory.

  Jianghuai 2020-11-17
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  When the assets are insolvent, Zhongtai's controlling shareholders apply for bankruptcy reorganization

  On the evening of September 1, Zhongtai Automobile announced that its controlling shareholder Tieniu Group Co., Ltd. (hereinafter referred to as "Tieniu Group") recently received a "civil order" issued by the people's Court of Yongkang City, Zhejiang Province. the court has accepted Tieniu's application for reorganization. The announcement shows that because Tieniu Group is no longer able to pay off its maturing debts, and the amount of book assets is less than the amount of liabilities, it should be determined that assets are not sufficient to pay off all debts, but Tieniu Group's assets are diversified and have core value. Through the pre-restructuring phase of work, Tieniu Group also has a certain restructuring basis. According to the relevant provisions of the Enterprise bankruptcy Law of the people's Republic of China, the court is subject to.

  Iron Niu Group Zhongtai Motors 2020-09-02
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  NIO factory to complete the transfer!

  On December 6, Anhui Jianghuai Automobile Group Co., Ltd.(hereinafter referred to as "Jianghuai Auto

  Automobiles production companies assets factories Anhui Co. Ltd. models qualifications OEM shares groups Cooperation Advanced announcement car use one package Manufacturing Independence 2023-12-05
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  The restructuring of FAW cars has been settled, and FAW Pentium has become a wholly owned subsidiary of FAW.

  On March 25th, FAW car announced that, on March 12, the company received the approval of FAW car Co., Ltd. major asset restructuring and the issuance of shares to China first Automobile Co., Ltd. to purchase assets (Securities Regulatory license [2020] No. 352), approved the transaction. After receiving the approval documents of the CSRC, the listed companies actively carry out the transfer of the underlying assets, and as of the date of this announcement, the industrial and commercial change registration procedures for the placed assets and the purchased assets involved in this transaction have been completed. According to the previous restructuring plan, FAW cars will have the exception of FAW.

  FAW cars FAW shares 2020-03-26
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  The stock price of Zhongtai has risen by the limit one after another, but no one is interested in assets.

  The land use rights, buildings, turnover materials and other assets of Chongqing Zhongtai Automobile Industry Co., Ltd. (hereinafter referred to as Chongqing Zhongtai) failed to auction again because no one signed up for the bid, according to Ali auction website. According to the website, Chongqing Zhongtai-related assets are valued at 1.365 billion yuan, with a discount of 20% after the first failed auction on March 15 and a starting price of 1.092 billion yuan for the second auction. A total of 187people set reminders and 7057 onlookers watched the auction, which failed in the end. Relevant management said that will continue to deal with the above assets at a 20% discount, if the third auction is still unsuccessful, will continue to auction at a 20% discount, the proceeds will be used for clearance.

  Zhongtai Automobile 2022-03-24
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  611 million! The assets of a car company were auctioned off.

  Baoneng, which is short of money, has made a new self-rescue measure-- selling its assets. "Automotive Industry concern" learned from JD.com that on August 29th, three pieces of land (323669.6 square meters) and unlicensed buildings, machinery and equipment of Kunshan Ju Innovation Energy Technology Co., Ltd., owned by Baoneng Automobile, cost 610 million yuan.

  Automobile Group Construction Company subsidiary Kunshan assets Base Business New area Limited Co. Ltd. Land Energy Yao Zhenhua 2023-08-30
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  Seahorse car resold assets to save itself, withdrawing nearly 800 million yuan.

  On November 17, Haima Motor issued two consecutive announcements on the sale of assets: 1. The company transferred its 100% stake in Jinpan Industry to the construction of Haima Industrial Park at a transfer price of 316.0034 million yuan. 2. Haima Motor Co., Ltd. signed an "equity transfer agreement" with Henan Haima property in Zhengzhou. Haima Automobile Co., Ltd. transferred 95% of its stake in Zhengzhou Lanma Industry to Henan Haima property. The transfer price is 472.3358 million yuan plus equity transition profit and loss. After two operations, Haima Motor received nearly 800 million yuan of funds. The seahorse car is in.

  Seahorse car 2021-11-19
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  FAW car major assets reorganization plan has been approved by SASAC of the State Council.

  FAW car Co., Ltd. issued a notice today, saying that major asset restructuring issues have been approved by the SASAC of the State Council, and agree in principle to the company's overall plan for asset restructuring and supporting financing. FAW car restructuring proposed to buy assets FAW Jiefang 100% equity, the transaction price of 27 billion yuan. According to the announcement, the State-owned assets Supervision and Administration Commission of the State Council recently received a "reply on issues related to asset restructuring and supporting financing of FAW car Co., Ltd." transferred by China first Automobile Group Co., Ltd. agreed in principle to the company's overall plan for asset restructuring and supporting financing. In addition, the announcement is also.

  FAW car asset reorganization plan approved by SASAC 2019-09-27
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  Eventually go bankrupt! FF confirmed that Jia Yueting applied for bankruptcy reorganization in order to thoroughly solve the debt problem.

  According to relevant media reports on October 11, Jia Yueting, the future founder of Faraday, submitted the relevant documents on personal bankruptcy reorganization to the US court. According to the document, Jia Yueting will transfer all assets to creditors through a previous trust, which is controlled and managed by the creditors' committee and the trust trustee. Jia Yueting submitted bankruptcy restructuring to the United States, Jia Yueting himself and his domestic debt group did not explain the "bankruptcy restructuring." Faraday officially announced today that in order to thoroughly solve the personal domestic debt problem, Faraday Future founder and CPUO...

  Jia Yueting's personal bankruptcy and reorganization 2019-10-14
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  Jia Yueting attended the hearing again, considering the mass production plan of FF back home.

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  Jia Yueting 2019-12-07
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  The "supercar" is cool and the assets are auctioned off!

  Once announced in high profile to build a supercar, now some of the company's assets are listed for auction. The attention of the automobile industry learned from the Ali auction website that the Intermediate people's Court of Nantong City, Jiangsu Province, updated a piece of legal auction information about "Jiangsu S Automobile Company". The information shows that the subject to be auctioned was once called Rugao High-tech Entrepreneurship.

  Company Automobile Jiangsu Rugao Investment Nantong Limited Co. Ltd. Technology shareholder Golden Harvest Brand Rugao City Maimai assets 2022-05-03