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China Evergrande issued its latest announcement yesterday, saying that in view of the risks currently facing the group, the China Evergrande Group risk Resolution Committee is mobilizing a wide range of resources and will actively maintain communication with creditors in an effort to defuse the group risks and safeguard the legitimate rights and interests of all parties. Xu Jiayin is the chairman of the risk resolution committee, but the announcement, which has no actual direction, sent Evergrande's share price up as much as 14% to HK $2.6 today, while China's Evergrande rose only 2%. Evergrande ushered in its biggest increase this month.
A term about Baoneng Yao Zhenhua's "whereabouts unknown" went viral on Weibo today. It is understood that the Guangzhou Intermediate people's Court of Guangdong Province said in an announcement on March 17 that Yao Zhenhua's whereabouts are unknown. In this regard, Baoneng insiders responded: Yao Zhenhua is not missing, is working in the company, yesterday also went to Baoneng automobile factory in Shenzhen for work inspection. In addition, it also said: the relevant information is incorrect, the company has communicated and coordinated with the court, and the relevant notice will be withdrawn in the near future. It is understood that the notice served by the court shows that the financial loan contract dispute involves the principal of the loan of 700 million yuan and interest, penalty interest, compound interest. And...
On May 16, Baoneng New Energy Automobile Group Co., Ltd. was again listed as the executee, the target of execution is about 181700 yuan, and the filing date is May 16. As early as April, Baoneng New Energy Automobile Group Co., Ltd. was listed as the subject of execution by the Longhua District people's Court of Shenzhen City, Guangdong Province.
Baoneng Automobile was exposed to be in arrears with employees' wages, collect payment from dealers and do not send cars. According to China Business News, a number of Baoneng employees belonging to different departments said that since the second half of 2021, Baoneng has delayed its salary for about 12 months, and has not paid the provident fund since May 21, while social security is in arrears.
A few days ago, the Development and Construction Management Committee of Xixian New area of Shaanxi Province issued a notice on the cancellation of the certificate of real estate ownership. According to the Administrative decision of the Natural Resources and Planning Bureau of Xixian New area of Shaanxi Province on June 19, 2023 to rescind the contract for the transfer of the right to the use of state-owned construction land.
The Baoneng car with chicken feathers has ushered in a new move. Baoneng paid tens of millions of dollars to suppliers to build cars and plans to produce 20,000 new cars by the end of the year, the Daily Business News reported. According to the report, Zhang Ming (a pseudonym), a former Baoneng executive who spoke on condition of anonymity, said: "Baoneng is probably building a car in a 'show'."
Today, according to 36 Krypton's automotive new media platform Future Automotive Daily learned from a number of independent sources, following the layoffs at the beginning of 2021, Baoneng Motor began the second batch of layoffs on the 22nd of last month, which was larger than the first batch. Baoneng employees said that "the auto sector has cut about 8400 people from about 23000 a year ago, and is still laying off hundreds of people a week, with layoffs of more than 65 per cent," the report said. " It is worth noting that a number of media have reported the financial problems of Baoneng Automobile earlier. At the beginning of this year, due to funds.
"Automotive Industry concern" learned from the heavenly eye that on July 11, Baoneng Auto parts Co., Ltd. and Shenzhen Baozhen Mould Co., Ltd. added a piece of equity freeze information, and the person to be executed is Baoneng Automobile Group Co., Ltd. the amount of frozen equity is 5 billion RMB and 500 million RMB respectively, and the freezing period is from 2.
Two months later, Baoneng was once again dragged back to public view because of the "wage claim incident". What is the extent to which Baoneng is short of money? According to the Daily Business News, as of early April this year, Baoneng Automobile involved 5659 people who owed wages, with a total arrears of wages of about 130 million yuan (including compensation of about 25 million yuan).
Baoneng, which has been repeatedly reported for unpaid wages, layoffs and shop closures in the past year, finally made a new move in 2022. On January 22nd, Baoneng unveiled two new cars at the new car product appraisal conference, one is the GX5 (code name GX16) from the new luxury smart new energy vehicle brand "BAO", and the other is the Guanzhi 6 (code C21) from Qoros. In February 2021, Baoneng executives said in an internal email that the new high-end car brand would be launched within this year, and the first all-electric model of its counterpart Tesla and Weilai would also be released and sold in 2021. June 2021.
On April 4, Shenzhen Yintong Qianhai Financial assets Trading Center issued two investment promotion notices related to Baoneng's creditor's rights on its official website, concerning that many of Baoneng's assets will be disposed of. They are Baoneng real estate entrusted loan claims and Baoneng auto trust loan claims, including several mortgages such as Shenzhen Longgang Baoneng Science and Technology Park.
"Automotive Industry concern" from the heavenly eye to understand, Quan Zi Automobile Co., Ltd. newly increased the information of the person subject to execution, the implementation of a total of more than 33.84 million yuan. Among them, on April 3, Qoros added three new cases of information about the person subject to execution, with execution targets of 11803864.0 yuan and 13191331.0 yuan, respectively.
On June 4, the Wechat official account of China Baoneng released an article entitled "go all out to promote the sustained and steady Development of the Group-- Baoneng Group held an office meeting of the chairman of the board of directors." Yao Zhenhua, chairman of Baoneng, presided over the office meeting of the chairman of the board of directors in May at the Baoneng Center.
On February 7, Baoneng added a piece of information about the person subject to execution. According to Tianyan information, Shenzhen Baoneng Investment Group Co., Ltd. and its subsidiary Baoneng Automobile Group Co., Ltd., Shenzhen Qianhai Ruizhi Investment Co., Ltd., as well as Yao Zhenhua, added more than 1.759 billion yuan to the executive. enforcement law
After Guanzhi transferred to Baoneng Group, it experienced an one-and-a-half-year downturn, during which no new models were launched. in the outside world, Baoneng's arrival did not bring a new pace of development to Guanzhi. During the Shanghai auto show, some dealers once again organized events to safeguard their rights, which dealt a blow to the originally quiet view. A few days ago, some media have reported the news of layoffs at the Guanzhi automobile factory, and visited the Guanzhi automobile factory in Changshu, Jiangsu province. First Finance visited the Guanzhi factory and found that the door of the factory workshop was closed and there were a large number of Quan Zhi 3 and 5 commercial cars parked on the open space outside the workshop.
Yao Zhenhua, chairman of Baoneng Group, said in an interview with the media on August 20 that he will resolutely pay every penny for some of the current tight capital chains in Baoneng Group, and will abide by the bottom line and principles of the market. maintain the credibility foundation that the company has accumulated in the past 29 years. Yao Zhenhua said: repeated epidemic situations and economic fluctuations have had an impact on the development of many enterprises. Baoneng has also encountered phased difficulties, but it belongs to difficulties in development, and the total amount is small and within a controllable range. In the next step, strong and key measures will be taken to continuously withdraw funds, increase revenue and reduce expenditure, reduce costs and increase efficiency. There are media reports that Yao Zhenhua's Baoneng Department is falling into the front.
On May 7, Shandong Automobile Circulation Association issued a document entitled "consumption warning of Guanzhi Brand cars". According to the contents of the document, the consumption rights protection workstation of Shandong Automobile Circulation Association received a number of complaints about after-sale maintenance of Guanzhi car owners in Jinan. According to the investigation of the Association, four Baoneng in Jinan
According to a number of media reports, including Sina Automobile, citing people familiar with the matter, Evergrande's Tianjin plant is laying off staff, with plans to cut 60% of its staff. Some employees have been interviewed internally, and some will go on leave. For a long time, Evergrande car building has been paid attention to both in sales and production. After all, it is related to students.
Today, some media learned that Li Feng, executive vice president of Baoneng Automobile and former CEO of Guanzhi Automobile, has left Baoneng Automobile, and his current job is unknown. During his 20-year career in the automotive industry, Li Feng has worked in BAIC Foton, Chery, Beijing Hyundai and BAIC. In December 2017, Li Feng officially left BAIC, which has served for eight years, and joined Baoneng Automobile in January 2018 as executive vice president. He is an important figure in Baoneng's foray into new energy vehicle manufacturing. At that time, Baoneng Group had just announced that it had completed the acquisition of a 51% stake in Guanzhi Motors and formally took over the Qoros business. In February 2018, the original Qoros car C.
According to media reports, Baoneng recently launched a recruitment exercise, promising that the salaries of newly recruited employees can be paid normally. Once the salary is paid for half a month first, insiders confirm that the recruitment has begun, but are not sure whether the requirement of "half a month's salary in advance" can be implemented. As can be seen from a recruitment platform, Baoneng Automobile is located in Xi'an and Shenzhen.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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Mitsubishi Nissan will establish a joint venture company!
Changan Automobile's October sales announced!
Volkswagen China CEO responds to layoffs: no longer blindly pursues market share
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