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  Debt of nearly 1 billion yuan, Tianjin Boxun bankruptcy liquidation countdown ​?

  A sudden "delay message for recruiting investors" once again brought the long-silent Bolshund car back to public view. According to relevant media reports, the manager of Nanjing Bojun New Energy Automobile Co., Ltd. (hereinafter referred to as Bojun Automobile) postponed the recruitment of investors in Tianjin Bojun Automobile Co., Ltd. (hereinafter referred to as Tianjin Boxun).

  Automobile Tianjin Company Equity Al Art Limited Investment Management Xiali recruitment liquidation announcement investors Co. Ltd. 2022-07-30
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  The company has serious operational difficulties, and the internal letter of the new domestic brand Boxun Automobile has been exposed.

  Boxun Automobile, which established a joint venture with FAW Xiali and obtained production qualification, encountered serious operational difficulties. Huang Ximing, founder of Boxun Automobile, said in a letter on June 13 that due to the actual losses and adverse effects caused by the company's operating problems to all parties, it will strive to lead Boxun Motor out of its predicament.

  Boxun Automobile FAW Xiali 2020-06-14
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  Can the Boxun car of the new power be delivered as desired after three years of silence?

  For the new car-building forces that have swarmed in the past two years, the name "Boxun Automobile" is not well known in the industry. At the 2019 World New Energy Automobile Conference, Huang Ximing, CEO of Nanjing Bojun New Energy vehicle Co., Ltd., shared the company's practice in platform development, safety management, efficiency control and manufacturing over the past three years. Boxun Automobile was officially established in 2016, with a registered capital of 138.0458 million yuan, legal representative Huang Ximing. Compared with many new car-building forces, Boxun Automobile "entered the industry" relatively late and has not been delivered in mass production so far. In contrast, in the low-key and silent past three years in Bo County, Weilai Auto.

  Car delivery 2019-08-03
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  From now on, all the staff are waiting for duty, and the financial crisis of independent brand Boxun Automobile

  On June 15, the new power car brand Bojun Motor issued a notice to its employees. Due to practical problems, the company decided to wait for duty from now on.

  Employees of Boxian County are waiting for duty FAW Xiali 2020-06-16
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  Stuck in a financial quagmire, Boxun Automobile signed a waiting agreement with its employees.

  According to media reports citing Boxun Auto employees, Boxun Automobile signed a standby agreement with some employees. According to the agreement, the waiting period is from June 1, 2020 to December 31, 2020, during which the company will pay 2480 yuan of living expenses to employees every month. Some employees said, "No wages were paid from February to April this year, only about half a month's salary was paid on May 15, and the average employee only had more than 2,000 yuan." Another employee also said, "because the previous salary has not been settled, many employees have chosen to sign the waiting agreement." With wages in arrears and layoffs, Boxun, whose future is uncertain, is in a business crisis. Year.

  Boxun car 2020-06-04
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  Another runaway? The media revealed that Huang Ximing, founder of Boxun, an independent car company, has gone to the United States.

  Huang Ximing, founder of Boxun Automobile, has returned to the United States and said he is "not going back to China," Phoenix New Media said on June 24, citing people familiar with the matter. The person who broke the news was Huang Ximing's former colleague, and the reason why Boxun Automobile owed employees' wages, Huang Ximing, as a Boxun automobile legal person, was restricted from leaving the country, while Huang Ximing was still in China last Sunday. So I was surprised by the news that Huang Ximing went to the United States.

  Huang Ximing a Boxun car 2020-06-25
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  Volkswagen or buy Boxun Motors? Boxun Automobile responded that it had no acquisition talks with Volkswagen Group.

  Recently, some media said that through exclusive consultation, Volkswagen may buy Boxun cars, and wrote: Boxun auto executives said that Volkswagen recently inspected Bergshire cars. "We are the only new car company that Volkswagen has examined in depth," the executive said. Volkswagen may buy us. If all goes well, there may be good news in the second half of the year. " "I've never heard of it, it's not true," a senior official of Boxun Automobile responded. At the same time, some insiders close to the company said that they had just seen the news and "do not know the source of the news". For Volkswagen or the acquisition of Bergshire Motors.

  Car Volkswagen response acquisition 2019-09-04
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  The vice president of automotive marketing in Boxun will leave and was the director of digital marketing for Coca-Cola.

  On September 5, Zhang Tian, vice president of marketing, submitted his resignation last week. People familiar with the matter said that Zhang Tian was one of the first employees of Boxun Automobile, and his job number in the company was 002. Employee 001 is Huang Ximing, founder, chairman and CEO of Boxun Automobile. For Zhang Tian's departure, the relevant media verified to Boxun Automobile, insiders said that they had not received the relevant notice, if there is a timely notification of the exhibition. Zhang Tian himself said that he planned to work until the end of September and left his job for purely personal reasons and wanted to work on a new project. As to whether the new project is related to the automobile industry, he said that as a marketer, the industry can have a wide range of choices.

  Car president. 2019-09-05
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  This car-building company will be out! CEO said frankly that being acquired is the only way to save himself.

  Huang Ximing said that "Bo County will not go any further" at an internal meeting recently, according to media reports citing people familiar with the matter. it also said it would make an acquisition of a new company led by Zhang Chang, director of human resources. Huang Ximing will no longer hold the position of CEO and chairman of Nanjing Boxun, according to people familiar with the matter. Zhang Chang, director of human resources, led the establishment of a new company for acquisition, saying that "the new company is the only way to save oneself at present." As for the relationship between the new company and the old company (Boxun Motor), Boxun explained that the new company will buy the old company, including people, data, and...

  Boxun car 2020-06-12
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  Boxun Automobile has been exposed that the whole vehicle project is in a state of suspension, and the delivery of the first vehicle is a long way off.

  Recently, Beidou Xingtong issued a "2019 performance Forecast and Goodwill and Asset impairment risk Alert announcement". According to the announcement, the estimated impairment loss of accounts receivable in 2019 is 51 million yuan, mainly from Zhongtai Automobile and Boxun Automobile. Boxun Automobile due to the tight capital chain, the whole vehicle project is currently in a state of suspension, and the accounts receivable of the company has been overdue since July 2019, judging from the operating conditions of customers. The possibility of a refund is slim. Nanjing Boxun Automobile was founded in December 2016, the scope of business is new energy vehicles and parts research and development, manufacturing, sales and so on. At present, the company.

  Boxun car 2020-01-14
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  Another new car-building power is facing collapse, and Boxun cars are exposed to require employees to pay their own social security.

  With the impact of the novel coronavirus epidemic, many domestic car companies have fallen into difficulties, and even the largest SAIC Group in China has made salary reduction plans in order to survive. Not to mention that as a more difficult new force in building cars.

  Boxun car 2020-03-08
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  Less than a year after its establishment, the autonomous car company will be dissolved and liquidated.

  After a month of silence, Tianjin Bojun once again spread new news, the exposure of new news can be said to make Tianjin Bojun officially enter the countdown. According to an internal document exposed by the media, due to the financing failure of the controlling shareholder, the company has no possibility of resuming normal operation. Tianjin Boxun shareholders' meeting decided to authorize the management of the company to handle the follow-up management work. During the period from August 1 to October 31, 2020, the company will enter the state of "closure" and will enter the state of "dissolution and liquidation" after the expiration of the "closure" period. The so-called "closure" refers to the state of Tianjin Boxun taking the initiative to suspend business activities, and "liquidation" refers to the end of the existing.

  Boxun car 2020-07-28
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  FAW Xiali, which could not make ends meet, finally set up a joint venture with Boxun Motor to produce new energy vehicles.

  The new power of car building, which is constantly financing, has rescued some of the self-owned brands with poor performance to some extent. On April 30, FAW Xiali officially announced the establishment of a joint venture company with Nanjing Bojun New Energy vehicles to jointly produce new energy vehicles. The announcement said that in order to achieve complementary resources and jointly develop the new energy vehicle market, FAW Xiali plans to contribute with assets and liabilities related to land, plant and equipment related to the whole vehicle, and Nanjing Bojun New Energy Automobile Co., Ltd. with cash contribution, set up a joint venture company in the company location to produce new energy models. FAW Xiali uses its own assets to solve the follow-up development of the company.

  Automobile Establishment New Energy Joint Venture FAW New Energy vehicle and finally 2019-04-30
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  FAW Xiali teamed up with Boxun, a new force in car building, to form a new energy joint venture

  FAW Xiali signed a joint venture agreement with Boxun Automobile, a new power car-building company, and the two sides will jointly form a joint venture company to produce and sell new energy vehicles. On the evening of April 29, FAW Xiali announced that FAW Xiali intends to contribute with assets and liabilities related to the whole vehicle, such as land, plant and equipment, and Nanjing Bojun New Energy Automobile Co., Ltd. with cash, the two sides set up a joint venture. It is reported that in the joint venture, Boxun will invest more than 1 billion yuan and have an absolute controlling stake, while FAW Xiali will mainly contribute to production qualifications, and the future debt of FAW Xiali will be borne by the joint venture company. According to the agreement, the joint venture company is registered.

  FAW 2019-04-30
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  Announcing his withdrawal from the historical stage, FAW Xiali officially changed its name to Tianjin Boxun.

  On the evening of March 11, Tianjin FAW Xiali Automobile Co., Ltd. (hereinafter referred to as "FAW Xiali") disclosed the "announcement on the Progress of the implementation of Major Asset reorganization" and announced that the enterprise name and legal representative had been changed. The announcement shows that on February 21, the Ministry of Ecology and Environment has changed the enterprise environmental protection information, the enterprise name has been changed to "Tianjin Bojun Automobile Co., Ltd." (hereinafter referred to as "Tianjin Boxun"), and the legal representative has been changed to "HUANG XIMING". On September 7, 2019, FAW Xiali announced that it planned to contribute to the vehicle-related land, plant, equipment and other assets and liabilities.

  FAW Xiali Boxun Automobile 2020-03-12
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  Internal letter from Boxun Automotive CEO: operations cannot be resumed without capital and government support.

  On June 28, Huang Ximing, founder of Boxun Automobile, once again posted an internal letter on WeChat group. In this internal letter, Huang Ximing said that Boxun Automobile is currently in the operation stage of light asset mode, and there is no saleable assets such as land and factories to solve the employees' practical problems. He also apologized for all kinds of difficulties caused to employees due to the company's problems in the past year. At the same time, Huang Ximing said that he tried to cooperate with other manufacturers or newcomers in the industry to recover funds by working with intangible assets such as models, platforms and intellectual property rights built over the past three years, giving priority to employees' social security, provident fund and salary. Huang Ximing also said in the internal letter that there is no external capital note.

  Boxun car 2020-06-29
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  Sales continued to be sluggish, and Zhang Zhen, director of public relations at LinkedIn, was exposed to leave.

  It is reported that Zhang Zhen, director of public relations of Lecker Automobile, has left his job and joined the new force of car building, Boxun Automobile. At present, the news has been confirmed. Lectra is a brand jointly built by Geely and Volvo, while Boxun Automobile is one of the new car-making forces in China, and there is still a gap between the two companies because they have not yet achieved mass production. As a result, many netizens speculated that the departure of Zhang Zhen, director of public relations, may be related to the current situation of Lectra. Zhang Zhen has previously worked for Ferrari, Guanzhi and other brands, responsible for market communication affairs, joined the newly founded Lectra brand, for Lecker to create a younger brand image. The first car model of Zhaoke-Lengke 01.

  Zhang Zhen of Lingke Automobile 2019-10-07
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  Layout of mid-and high-end new energy market, Zhongtai acquires technology companies

  According to the Financial Associated Press, * ST Zhongtai's acquisition of Shanghai Junqu Automotive Technology Co., Ltd. (hereinafter referred to as "Shanghai Junqu") did not issue an acquisition announcement because the transaction amount was small and did not meet the disclosure standards stipulated in the Stock listing rules. Data show that Shanghai Junqu was established on August 6, 2020, with a registered capital of 1 million yuan, paid-in capital of 100 million yuan, and the legal representative is Wu Yunfei. Through equity penetration, Shanghai Junqu is 100% controlled by Zhejiang Zhongtai Automobile Manufacturing Co., Ltd., while Zhejiang Zhongtai Automobile Manufacturing Co., Ltd. is a wholly-owned subsidiary of Yongkang Zhongtai Automobile Co., Ltd., and the latter's controlling shareholder.

  Zhongtai Automobile 2022-02-22
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  The national god car fell! FAW Xiali lost 701 million yuan in the first three quarters and has lost money for five consecutive years.

  Tianjin FAW Xiali Automobile Co., Ltd. released its third quarter results report in 2019, which showed that revenue in the third quarter of this year was 65 million yuan, an increase of 69.29% over the same period last year. The net profit belonging to shareholders of listed companies was-149 million yuan, down 59.16% from the same period last year. In the first three quarters of this year, FAW Xiali achieved a cumulative revenue of 353 million yuan, down 62.52% compared with the same period last year. The net profit belonging to shareholders of listed companies was-701 million yuan, an increase of 30.15% over the same period last year. In fact, FAW Xiali has no real net profit since it was deducted in 2012.

  FAW Xiali third quarter results 2019-11-01
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  FAW Xialibo County joint venture landed with a registered capital of 2.54 billion yuan to set up a new energy automobile company.

  After Nanjing Boxun and Tianjin FAW announced their intention to establish a joint venture company on April 29 this year, the joint venture process was once again accelerated, and the two sides formally signed an agreement with September 27 to formally establish a joint venture company. Tianjin FAW Xiali Automobile Co., Ltd. announced on the evening of September 27th that it would set up a joint venture, Tianjin Bojun Automobile Co., Ltd., with a registered capital of 2.54 billion yuan. Among them, FAW Xiali contributed 505 million yuan with assets and liabilities related to the whole vehicle, such as land, plant, equipment, etc., with a shareholding ratio of 19.9%. Nanjing Bojun New Energy vehicle contributed 2.034 billion yuan in cash.

  Xialibo County announcement Xialibo County Joint Venture Plan FAW Xiali and Bo County Progress 2019-09-28