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  Evergrande divested and 14.8 billion transferred its entire stake in Guanghui Group.

  In order to promote the development of automobile sales and other areas, Evergrande Group formally joined Guanghui Group in September 2018, becoming the second largest shareholder of Guanghui Group. Guanghui Automobile, a subsidiary of Guanghui Group, is the largest car dealer group in China. Unexpectedly, two years later, Evergrande Group completely divested. On November 1, Guanghui Automobile announced that Evergrande Group, Shenneng Group and Sun Guangxin, the actual controller of the company, signed an equity transfer agreement on the target company Guanghui Group. Evergrande Group sold its 40.964% stake in Guanghui Group to Shenneng Group for a total price of 14.85 billion yuan.

  Evergrande Group Distributor 2020-11-01
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  The net profit of Guanghui Motor, the largest dealer in China, fell by 41.6% in the first three quarters.

  Due to the recovery of the domestic new car market, passenger car sales in China have achieved continuous growth for many months in the second half of the year, helping a number of automobile companies to achieve a rebound in performance. Even so, Guanghui Motor, the largest dealer group in China, was greatly affected this year, and its net profit in the first three quarters still showed a negative growth trend.

  Guanghui Automobile 2020-10-28
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  Guanghui Automobile Group, which has nearly 800 4S stores, lost 400 million yuan in the first quarter.

  Guanghui Automobile Group is the largest car dealer group in China. Affected by falling market demand and the COVID-19 epidemic, Guanghui Automobile Group, which has nearly 800 4S stores, lost nearly 400m yuan in the first quarter of 2020. On April 29th, Guanghui Automobile Group released a report for the first quarter of 2020, with operating income of 25.605 billion yuan, down 31.36 percent from the same period last year. Net profit belonging to shareholders of listed companies lost 397 million yuan, down 149.58 percent from 801 million yuan in the same period last year. Guanghui cars will change from profit to loss in 2020. Guanghui Automobile Group in the first quarter of this year.

  Automobile sales 2020-04-29
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  Guanghui Group, which has nearly 800 4S stores, saw its net profit plummet by 60% with a debt of 90 billion.

  ​ has been hit by the epidemic this year, which has affected many car dealer groups. Following Zhengtong Motors'"group capital problems" and "redemption of non-redemption certificates" and other problems, profits have changed from profit to loss after frequent incidents of consumer rights protection. Guanghui Automobile, as the largest car dealer group in China, has also fallen into a big decline, which shows that the market situation is particularly difficult this year.

  Guanghui Group 2020-09-02
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  Guanghui and State Grid set up a joint venture with a total investment of 180 million to serve the post-market of new energy.

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  Guanghui national network joint venture 2019-11-19
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  Zhongsheng Group intends to acquire Renfu China, or surpass Guanghui to become the first in the country.

  Recently, Zhongsheng Holdings, the second largest car dealer in China, announced that the company plans to buy all shares of Renfu China from Fu Tung Holdings for $1.3 billion (about 8.4 billion yuan). After the completion of the deal, Zhongsheng Group is expected to overtake Guanghui Group to become the largest car dealer in China. After the news was announced, Zhongsheng Holdings shares opened high on July 2, closing up 7.82% at HK $69.65 per share, with a total market capitalization of HK $161.3 billion. Data show that Zhongsheng Group holding Co., Ltd. (Zhongsheng Group) is one of the national car dealer groups, focusing on the economy.

  Zhongsheng Group 2021-07-03
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  2019 National Automobile Dealer Group Top 100 ranking! Guanghui Automobile ranked first, with a huge drop in loss of 6.2 billion

  Guanghui Automobile continues to top the list with a business income of 166.173 billion yuan in 2018, according to the official release of the Top 100 Automobile Dealer Group ranking in China. The second and third place are Zhongsheng Group and Lixing Motor, with operating income of 107.736 billion yuan and 82.996 billion yuan respectively. The list of the top 10 has not changed, but the giant group has dropped five places compared with the previous year, and its operating income has decreased by more than 28 billion yuan. In addition, Rundong Automobile Group, which once ranked 23rd, did not appear in the top 100 list. In addition to the above three, there is also Shanghai Yongda Group (695.

  Car loss dealer ranking 2019 first huge 2019-06-06
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  Ranking of the top 100 car dealers in China in 2020! Guanghui Automobile ranked first, huge missed the top ten.

  With the launch of the annual China Automobile Dealers Conference and Top 100 Conference, it means that the results of the "most profitable" car dealer groups in 2020 will be announced. According to the newly released ranking list, the most profitable group is still Guanghui Automobile.

  Automobile 2020-05-28
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  More than a thousand stores withdrew from the net, and the semi-annual report of the car dealer revealed

  Under the epidemic, consumption is generally weak, and traditional car sales are declining, endangering the survival of car dealers. Recently, domestic automobile distribution groups have released half-yearly results for 2022. In the semi-annual reports of 14 A / H-share listed companies counted by "Automotive Industry concern", only Zhengtong Motor has achieved double growth in revenue and profit, and 7 companies

  Cars dealers net profit luxury holding group net profit sales Guanghui brand income data epidemic business sales 2022-09-08
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  Increase income but not profit! Only the performance of luxury Japanese models is good, and dealers want to transform and upgrade.

  As a huge group that was once the largest car dealer in China, the company lost 1.2 billion yuan in the first half of the year and made a profit of 258 million yuan in the same period last year. This also shows that under the continuous negative growth of sales in the car market, car dealers have suffered a very severe impact. From Guanghui Automobile, Zhongsheng Group, Yongda Automobile, Dachang Motor, Guanghui Baoxin, Meidong Motor and Xinfengtai, eight dealers have released first-half results, according to the data, although operating income increased year-on-year, but in terms of net profit, five dealers showed a significant decline, with two of them falling by more than 20%. According to the multiplication.

  Performance dealer 2019-08-30
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  2022 Top 100 Dealers ranking: Zhongsheng Group ranks first

  On May 26, the China Automobile Circulation Association released the "Top 100 list of Chinese Automobile Dealer groups in 2023". Previously, the China Automobile Circulation Association released data that unprofitable dealers accounted for more than 70% in 2022, with less than 30% of dealers making profits, compared with 2000 for the whole year.

  Cars dealers groups new energy revenue growth business not for used cars brands China data sales Guanghui top 100 2023-05-26
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  In response to the national call for epidemic prevention and control, 4S stores in many places have postponed their business hours.

  As the pneumonia epidemic infected by novel coronavirus continues to spread, in order to strengthen the prevention and control of the pneumonia epidemic, reduce the gathering of personnel, and stop the spread of the epidemic, the General Office of the State Council recently issued a notice to extend the Spring Festival holiday in 2020. In response to this, dealers in many places across the country also responded to the call and postponed the business hours of 4S stores.

  4S store 2020-01-28
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  Of the 10 dealer groups in the first half of 2020, only 3 achieved positive growth.

  The domestic automobile market has shown fatigue after two consecutive years of decline, but in 2020, coupled with the impact of the COVID-19 epidemic, the situation of China's automobile market has been further depressed, making it more and more difficult to sell domestic cars. this has led to varying degrees of decline in the performance of car companies or dealer groups.

  Distributor 2020-09-03
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  When we went black together, Xu Jiayin said that Evergrande would be successful in building a new energy car.

  China Evergrande held its 2018 results conference in Hong Kong. Xu Jiayin said that Evergrande has a relatively large investment, determination and layout in new energy vehicles. "I demand that the production line must be world-class and determined to enter this field. I firmly believe that we will succeed." Evergrande Annual report shows that it strives to become one of the largest and strongest new energy vehicle groups in the world in 3-5 years. Xu Jiayin believes that the world attaches great importance to the development of new energy vehicles, especially in Europe, many countries basically want to cancel the production and sale of fuel vehicles, the world attaches great importance to environmental protection in the future.

  Evergrande 2019-03-26
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  Taizhou's largest distribution group ran away, and a large number of stores were closed.

  According to several media reports, Zhejiang Zhongtong Holdings Group, the largest automobile distribution group in Taizhou, Zhejiang, ran away, many of its distribution stores were closed, and employees' wages could not be paid on time. Maintenance given or purchased by a large number of users cannot be solved. On January 2, Aitaizhou released a video in which

  Automobile Group Zhongtong Holdings Zhongtong Holdings employees Taizhou Dealers companies car owners Zhejiang stores Co. Ltd. maintenance 2023-02-04
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  Xu Jiayin car is here, and the first mass production car built by Evergrande is off the line.

  On June 29, the Evergrande New Energy Automobile Group, built by Xu Jiayin, ushered in the first mass-produced car, and Evergrande Guoneng 93 model came off the line at the Tianjin factory. The car is familiar and classic from the inside out because it follows the design of the Saab car that has been out of production for many years, but it is a pure electric model. Evergrande Guoneng 93 is a pure electric model built by NEVS based on Sweden's SAAB Phoenix E platform and Saab technology. It was developed before Evergrande took over, and both Sweden and Tianjin have production bases. In 2012, NEVS bought the core of Sweden's Saab, a 75-year-old European automaker.

  2019-06-29
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  Evergrande Group invests 120 billion yuan to build three bases of new energy vehicles in Shenyang

  According to domestic media reports, the signing ceremony of the strategic cooperation agreement between the Shenyang Municipal people's Government and Evergrande Group was held in Shenyang today. according to the agreement, the two sides will carry out extensive and in-depth cooperation in a number of fields. Evergrande Group invested 120 billion yuan to build three major bases of new energy vehicles in Shenyang and other projects to help Shenyang build a national automobile industry center. Among them, the vehicle R & D and production base of Evergrande new energy vehicles will be located in Hunnan District, and the hub motor R & D and production base and power battery super factory will be located in Tiexi District. Shenyang is the most important heavy industry base in China, with solid equipment manufacturing foundation, strong spare parts supporting capacity and complete automobile.

  Automobile new energy investment Evergrande new energy vehicle 2019-06-16
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  The vice president of Evergrande Automobile left because of a different concept of car building.

  Recently, Lu Chao, executive vice president of Evergrande Power Technology Group, announced on moments that he had officially left Evergrande on April 24 and expressed the hope that Evergrande would properly handle the acquisition of Hubei Tate Machinery and other related matters before leaving office. As for the reason why Lu Chao left Evergrande, the "real estate car-building" model mentioned in his circle of friends collided with the law of the development of the automobile industry, and said bluntly that it would be difficult to succeed without changing his behavior and car-building concept. On March 15, 2019, Evergrande Health announced that Evergrande Health subsidiary (buyer) and Tianjin Tianhai synchronous Group Co., Ltd.

  Evergrande 2020-05-07
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  Evergrande Health changed its name to Evergrande Automobile, and the first model has not been unveiled so far.

  Evergrande Health announced that in view of the fact that new energy vehicles have become the most important business of the group, Evergrande Health plans to change its name to "China Evergrande New Energy vehicle Group Co., Ltd." (English name: China Evergrande NewEnergy Vehicle Group Limited), referred to as "Evergrande Automobile". Evergrande Health also said in an announcement that the company is making every effort to develop new energy vehicle business and has built a full production of new energy vehicles covering power batteries, powertrain, advanced vehicle manufacturing, car sales and smart charging.

  Evergrande Health 2020-07-27
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  Toyota plans to temporarily close its plant in China affected by the epidemic

  Toyota will suspend production at its factories in China until Feb. 9, Bloomberg reported. With the continued impact of novel coronavirus's pneumonia, the General Office of the State Council recently issued a notice to extend the 2020 Spring Festival holiday, to this end, a number of car companies and 4S stores have postponed business production and business hours.

  Toyota 2020-01-29