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  Another joint venture car company collapses? Brilliance Renault Gold Cup filed for bankruptcy!

  After all, it failed to make it through 2021, and brilliance Renault Gold Cup Co., Ltd. filed for bankruptcy just one day before the end of 2021. On December 30th, according to the information of the national enterprise bankruptcy reorganization case information network, brilliance Renault Gold Cup Co., Ltd. filed for bankruptcy, the case number is (2021) Liao 01 Breaking Shen 24, and the handling court is the Shenyang Intermediate people's Court of Liaoning Province. both the applicant and the applicant are brilliance Renault Gold Cup. However, brilliance Renault Gold Cup today is no accident, according to Tianyancha APP information, brilliance Renault Gold Cup has been listed as the executor many times this year, a total of executees.

  Brilliance Renault Gold Cup 2021-12-30
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  The maximum is 1.36 billion yuan! Brilliance China proposes to contribute to Huachen Renault

  On the evening of May 17, brilliance China Hong Kong shares issued an announcement that the board of directors announced that Huachen Renault, Jinbei Automobile Control and managers had entered into a restructuring investment agreement on the relevant formal proposal. The contents of the announcement show that after the formal restructuring plan was approved by the Shenyang Intermediate people's Court, the formal restructuring plan proposes to put Jinbei steam control and

  Brilliance Renault Golden Cup Automotive China Company people Market Shenyang Brand Co. Ltd. BMW announcement Scheme 2023-05-18
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  All of a sudden! A joint venture car company was exposed to suspend the payment of wages / cut off the payment of social security

  According to China Business report, Huachen Renault Gold Cup has suspended wages, social security and provident fund contributions (health insurance only). The first employee of brilliance Renault Gold Cup disclosed to China Finance and Economics the information of the meeting on December 20: 1, wages will be suspended from now on; 2, all kinds of insurance and provident fund payments will be suspended (only medical insurance); 3. Heating expenses have been put on the agenda this year. Whether to reimburse or not to wait for the result. This information is conveyed to every employee, solicit opinions, submit an application and report to the employees who have individual difficulties. The above-mentioned employees said that at present, employees can leave voluntarily, and the solution can be completed in 1-2 days.

  Hua Chen Renault 2021-12-21
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  Another vehicle manufacturing company has been ruled bankrupt and reorganized

  Recently, Jinbei Automobile issued a notice saying that the company Atomic Company and the guaranteed party, Shenyang Jinbei vehicle Manufacturing Co., Ltd., were ruled bankruptcy and reorganization by the Shenyang Intermediate people's Court on December 30, 2022. The company will be compensated as its ordinary creditor, and the company has begun to prepare to declare its claims and expected debts to Jinbei vehicles.

  Brilliance Group Company creditor's Rights brilliance Group Golden Cup Automobile Co. Ltd. Shenyang Holdings Enterprise creditors Brands vehicles 2023-01-02
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  The established car company began to sell cars directly, selling national five models at a 50% discount.

  On November 20, the Shenyang Intermediate people's Court ruled on the 20th to accept the creditor's application for the reorganization of brilliance Automobile Group Holdings Co., Ltd., which also means that the independent car company has officially entered the bankruptcy reorganization process. Brilliance Automobile Group, which was declared bankrupt and reorganized because of debt problems, has become an independent car manufacturing company that has embarked on the road of restructuring because of poor management. so what has brilliance done in recent days after declaring bankruptcy and restructuring? November 25, "China Business" media site visit found that brilliance car manufacturers have begun to sell cars directly. From the relevant pictures, we can see that Shenyang brilliance Golden Cup Automobile sales Co., Ltd. stands at the door.

  Brilliance car 2020-11-26
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  Five traditional passenger car companies have been named!

  On November 15, the Ministry of Industry and Information Technology released the results of supervision and inspection of traditional cars in 2021. In the supervision and inspection of three categories of traditional automobile products, such as passenger cars, trucks and special-purpose vehicles, a total of 15 models of 15 enterprises have production consistency problems. In the traditional passenger car category

  Automobiles companies limited limited production enterprises traditional cars products consumption fuel models consumption limits rectification 2022-11-15
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  Brilliance Renault "full termination of the contract", restructuring may be completed in June

  On December 30, 2021, according to the information of the national enterprise bankruptcy reorganization case information network, brilliance Renault Gold Cup Co., Ltd. filed for bankruptcy, the case number is (2021) Liao 01 Breaking Shen 24, and the handling court is the Shenyang Intermediate people's Court of Liaoning Province. both the applicant and the applicant are brilliance Renault Gold Cup. On January 12, brilliance China announced that brilliance Renault's application for reorganization had been accepted by the Shenyang Intermediate people's Court. The Huachen Renault liquidation team, led by Gao Wei, director of the Comprehensive laws and regulations Department of the State-owned assets Supervision and Administration Commission of the Liaoning Provincial people's Government, has been appointed by the Shenyang Intermediate people's Court as the manager of the reorganization. According to.

  Hua Chen Renault 2022-03-27
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  More than 60 billion yuan! The large car company's net loss hit a record high.

  French carmaker Renault Automotive Group officially announced its 2020 results. According to the financial report, Renault Group's operating income fell 21.7% year-on-year to 43.5 billion euros (340.3 billion yuan) in 2020, with a net loss of 8 billion euros (62.6 billion yuan), the biggest loss year since Renault Group was founded. Renault said the loss was mainly due to a decline in car sales in major European markets as a result of the COVID-19 epidemic. In fact, the reason why Renault made such a big loss is because of Nissan. In the Renault-Nissan-Mitsubishi alliance, Nissan owns Renault Group 44.

  Renault 2021-02-21
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  Jinbei Motor plans to transfer two loss-making companies, one of which is worth 1 yuan.

  In the face of performance losses, Jinbei Automobile, like many auto companies, sold its assets in order to protect itself. A few days ago, Jinbei Automobile issued two asset transfer announcements one after another, intending to transfer 100% equity of brilliance Automobile Golden Cup (Xixian New area) Industrial Park Co., Ltd. and Shenyang Jinbei Housing Development Co., Ltd. to Shenyang Automotive Industry Asset Management Co., Ltd., with a transaction consideration of 59.8793 million yuan and 1 yuan respectively. At present, both subsidiaries are in debt loss. According to the announcement, Xixian Industrial Park was established in 2015 and is a wholly owned subsidiary of the company. On the asset valuation base date 2018.

  Cars losses companies 2019-08-18
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  After being placed on file for investigation by the CSRC, brilliance Group was publicly condemned by the Shanghai Stock Exchange.

  As an independent car company founded in the early 1990s, brilliance Group plays an important role in China's automobile industry. As an established automobile company, brilliance Group has been filed for bankruptcy reorganization by creditors after a huge debt, which has aroused widespread concern in the industry. Recently, the Shanghai Stock Exchange (hereinafter referred to as "Shanghai Stock Exchange") issued a "Disciplinary decision" for many actions of brilliance Group. Yan Bingzhe, chairman and legal representative of brilliance Automobile Group Holdings Co., Ltd. (hereinafter referred to as "brilliance Group"), and Gao Gang, then chief accountant and head of information disclosure affairs, were publicly condemned. The Shanghai Stock Exchange said the decision was.

  Brilliance Group 2021-01-14
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  There is no limit! Go directly to the Beijing card, and the army of shaking accounts has a new trick.

  With the improvement of people's living standards, more and more families begin to own private cars, and many of them have more than one car. The traffic pressure caused by the rapid growth of car ownership is also troubling everyone. In the face of traffic congestion, the generally proposed solutions are nothing more than vigorously developing public transport, widening urban roads, using viaducts and limiting the number of cars (such as limit number, limit plate) and so on. Judging from the data, there is no doubt that Beijing ranks first. Beijing's license plate policy is also the most stringent in the country. Now the lottery ratio of oil tankers has reached more than 800 to one level. Even the lottery of new energy vehicles is scheduled for 2020.

  Beijing 2019-08-24
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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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  The latest announcement! Brilliance restructuring Agreement "finalised"

  Following the identification of Shenyang Automobile Co., Ltd. (hereinafter referred to as "Shenyang Automobile") as a potential investor in restructuring, brilliance Automobile Group Holdings Co., Ltd. has made new progress in its restructuring process for nearly three years. On June 17, Jinbei Automobile and Shenhua Holdings issued announcements one after another to disclose the restructuring progress of brilliance Group, the controlling shareholder. Golden cup steam

  Shenyang brilliance group company automobile brilliance group limited limited SASAC investment Shenyang BMW holding creditor's rights enterprise 2023-06-19
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  Brilliance Automobile Group officially announced bankruptcy and restructuring today.

  On November 20, the first day of Guangzhou Auto Show will be another auto event. But in the same day, there is a car company has reached the point of life and death. There are a number of media domineering, brilliance Automobile Group, which is involved in bankruptcy restructuring due to debt problems, will officially declare bankruptcy today. But soon, the senior management of brilliance Group refuted the rumor.

  Brilliance 2020-11-20
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  A number of models "stop production", BMW took a 25% stake in brilliance, what is left?

  For a long time, brilliance China's profits mainly rely on the joint venture brilliance BMW, and in January this year, brilliance shareholders' special meeting approved the sale of 25% stake in brilliance BMW to BMW. This also means that BMW will seize half of brilliance's profits in the future, and more importantly, brilliance can no longer rely on BMW. In recent years, the performance of brilliance's own brand is even more worrying. Brilliance sold only 89000 cars last year, down 30% from the same period last year, among which many models of Chinese brands have entered a state of "suspension of production". Brilliance went on sale in New York in 1992 with full firepower in the commercial vehicle market, with 1997.

  Cars BMWs 2019-02-13
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  Brilliance China is gone!

  According to Caijing Automobile, on August 31, the substantive merger and reorganization of 12 enterprises, including brilliance Group, held its second creditors' meeting, at which there were three motions, including property management and price change plans, two proposals for the establishment of a creditor committee, and the core proposal for BMW China to acquire brilliance China Brand. All three bills were passed by the vote of the creditors. According to reports, BMW China will acquire brilliance-related assets and brilliance manufacturing equity, including land use rights, buildings, machinery and equipment and other related assets, as well as brilliance Group's 100% stake in brilliance Automobile Manufacturing Co., Ltd.

  Brilliance car 2021-09-01
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  Renault and Geely set up a joint venture to build cars

  According to media reports, on the afternoon of January 21, Renault Group and Geely Holdings Group (hereinafter referred to as "Geely") announced that they had signed an agreement to form a joint venture company to develop, produce and sell Renault-branded fuel vehicles and smart hybrid vehicles in South Korea based on Geely's CMA architecture and hybrid technology, and exported to markets outside South Korea. So far, the two sides have not made it public. The new product will adopt the modular architecture of Geely Holdings Group CMA, while taking advantage of Renault's forward-looking technology, styling design and user experience, the Financial Associated Press reported.

  Renault Geely 2022-01-22
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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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  Brilliance China Financial report announced a net profit of 830 million yuan in the first half of the year

  A few days ago, brilliance China released its 2020 financial report, 2021 financial report and 2022 interim results report one after another. According to the financial report, brilliance China achieved operating income of 3.123 billion yuan in 2020, down 19.13% from the same period last year, and profit attributable to shareholders was 11 million yuan, down 99% from the same period last year.

  Brilliance Group BMW Company China Renault Enterprise Court brilliance Group Holdings Limited Co. Ltd. Automobile Shenyang Shenyang 2022-09-15
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  With a debt of 70 billion, brilliance China resumed trading on the first day and fell by 60%.

  A year and a half later, brilliance China finally resumed trading. However, under the influence of adverse factors such as the bankruptcy of the parent company, brilliance's share price fell more than 70% after the resumption of trading in China. As of the close of the day, brilliance China fell 63.01% to HK $2.70, with a total market capitalization of HK $13.622 billion. Actually

  Brilliance BMW Group China brilliance Group Company Renault claims BMW Group resumption of Trading Revenue Court growth Management profit 2022-10-05