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Manufacturing base stopped production, sales fell sharply, performance losses are large, Zhongtai automobile empire is teetering. Recently, due to the untimely and inaccurate disclosure of financial information, Zhongtai Chairman Jin Zheyong and other senior executives were named and warned. On July 28, Zhongtai Automobile announced that the company and related personnel recently received a "decision on issuing warning letters to Zhongtai Automobile Co., Ltd. And related personnel" issued by Zhejiang Regulatory Bureau of China Securities Regulatory Commission. After investigation, Zhejiang Securities Regulatory Bureau found that Zhongtai Automobile has the following problems: 1. January 20, 2020, the company disclosed "2019 performance notice."
On the evening of March 8, Zhongtai Automobile issued a number of personnel change announcements, Zhongtai Automobile executives ushered in a huge personnel shock. Zhongtai Automobile said in the announcement that Mr. Jin Zheyong applied to resign as a director, chairman, member of the Strategy Committee, member of the Remuneration and Evaluation Committee and President of the Seventh Board of Directors of the company for personal reasons. Mr. Jin Zheyong still holds positions in subsidiaries of the company after his resignation. Ying Jianren applied to resign as a director of the Seventh Board of Directors, a member of the Strategic Committee and a member of the nominating Committee for personal reasons. Mr. Ying Jianren still holds a post in the subsidiary of the company after his resignation. In addition, Vice President Ma Deren also for personal reasons.
Zhongtai Motors, an independent company, is in deep trouble, and this huge automobile group with many sub-brands is "shaky". After the chairman Jin Zheyong was restricted from high consumption due to collective salary demands from employees, a notice that all employees had a holiday until the end of June next year, let Zhongtai Motors get involved in the whirlpool of public opinion. On June 3, the media learned from insiders that Zhongtai Hunan Base issued a "notice on the company's employees' extended holiday" on May 29, saying that due to the downward pressure of the automobile industry and the serious impact of the epidemic, the holiday time of all the working staff of the base was postponed to June 30, 2021. It means that Zhongtai Hunan base will continue to stop production. This holiday.
According to Tianyan investigation, Jin Zheyong, chairman of Zhongtai Automobile Co., Ltd., was restricted from high consumption because of a dispute over the sale and purchase contract. Relevant information shows that Zhongtai Motor has 10 court announcements in April this year alone, mainly in sales contract disputes and advertising contract disputes. Zhongtai Motors recently issued a notice saying that in order to ensure the normal turnover of Zhongtai Automobile subsidiary Hunan Jiangnan Automobile Manufacturing Co., Ltd., and to ensure the completion of the production and sale of various models, Zhongtai Automobile will provide joint and several liability guarantee for Jiangnan Automobile to apply for 550 million yuan in integral credit from Xiangtan Branch of Huarong Xiangjiang Bank Co., Ltd., and the guarantee period is the term of the loan under the independent contract.
On the evening of November 27th, Zhongtai Automobile issued the latest announcement that its wholly-owned subsidiary Hangzhou Energy Saving Power Co., Ltd. owed a total of 616 million yuan in arrears and overdue liquidated damages to Shenzhen Bic Battery Co., Ltd., and requested that Zhongtai New Energy Automobile Co., Ltd., Yongkang Zhongtai Automobile Co., Ltd., Zhongtai Automobile and Jin Zheyong be jointly and severally liable for the above debts. The case was accepted by the people's Government of Jinkang City. The trial has not yet been held. Zhongtai Automobile said in the announcement that because the above litigation case has not yet formed a final judgment, it is not possible to judge the impact of the lawsuit on the company's current or post-term profits. The company will follow the law.
In 2020, Zhongtai Motor, which once sold 330000 vehicles a year, seems to have encountered a lot of trouble. news about "Zhongtai system" shutdown, wage arrears and rights protection, bankruptcy reorganization, bankruptcy liquidation and so on. After Zhongtai, Junma, Hanteng and Hanlong, another "Zhongtai" enterprise was mired in debt crisis and was filed for bankruptcy liquidation by creditors. Recently, * ST Zhongtai issued a notice that recently received a "civil order" issued by Zhejiang Yongkang Court, Zhongtai Automobile Co., Ltd. (hereinafter referred to as "Zhongtai Automobile") second-class wholly-owned subsidiary Zhongtai New Energy Automobile Co., Ltd., by creditors Hangzhou Tiecheng Information Technology Co., Ltd. And Jin.
On May 12, * ST Zhongtai announced that the company received a letter from Shanghai Zhiyang Investment Co., Ltd. (hereinafter referred to as "Shanghai Zhiyang") transferred by the company's pre-restructuring manager on May 12, 2021, its Shanghai Zhiyang decided to suspend its investment in the company because of recent changes in the share price of Zhongtai Motors, which seriously deviated from its fundamentals, and decided to suspend investment because of investment prudence. Today, Zhongtai Motor opened by the daily limit, down 4.99% to close at 5.52 yuan, with a total market capitalization of 11.19 billion yuan. According to Zhongtai Automobile announcement, as early as October 2020, Shanghai Zhiyang and Zhongzhong.
Since Zhongtai Motors was mired in a variety of "negative" news, the new car originally to be released this year has been definitely announced so far, and its new car plan seems to be "stillborn". However, the Hanlong brand, which is owned by Zhongtai, recently released a new car design, which is expected to be the second model after Hanlong.
The shares of Zhongtai Motor, which has gone crazy, continued to rise by the limit after the suspension and verification. On March 19th, * ST Zhongtai rose by the daily limit, closing at 3.83 yuan per share, up 4.93%. From January 12 to March 19 this year, * ST Zhongtai gained a total of 29 limit boards in 39 trading days, and its share price rose 236% in two months, and its market capitalization rose from 2.3 billion yuan to 7.8 billion yuan. * ST Zhongtai's continuous limit has attracted the attention of the industry. March 10, * ST Zhongtai issued a notice that in order to protect the interests of investors, the company will check the abnormal volatility of the stock. Upon application by the company, the stock of the company is self-contained.
On April 12, Zhongtai Automobile announced that according to the written resignation report submitted by Mr. Liu Huijun, Vice President of the company, Mr. Liu Huijun resigned as Vice President of the company for personal reasons. Mr. Liu Huijun will no longer hold any other positions in the company after resigning as vice president of the company. It is worth mentioning that the senior management of Zhongtai Motor left, and today the stock once again triggered the limit board. It is understood that Liu Huijun is also one of the important management of Zhongtai Automobile. According to Zhongtai Automobile's 2019 results, Liu Huijun's total pre-tax compensation was 897900 yuan, making him the second highest-paid executive in the company, second only to Vice President Ma Deren. According to the data, Liu Hui.
Recently, the Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange") issued a decision on disciplinary action against Zhongtai Automobile and related parties. It has been found out that * ST Zhongtai controlling shareholders are involved in three aspects: illegal occupation of non-recurrent funds, failure to perform review procedures and information disclosure obligations in related party transactions, and failure to disclose major litigation in a timely manner. The specific contents are as follows: in view of the above violations, the Shenzhen Stock Exchange made the following disciplinary decisions: 1. Public condemnation of * ST Zhongtai. 2, to * ST Zhongtai controlling shareholder Tieniu Group, the actual controller should be publicly condemned; 3, * ST Zhongtai then chairman.
Zhongtai Automobile announced that the board of directors decided to postpone the disclosure of the 2019 annual report to June 23. Zhongtai Motor also disclosed its main operating results in 2019, with operating income of 3.204 billion yuan in 2019, down 78.3% from 14.764 billion yuan in 2018, and net profit of-9.294 billion yuan, down 1261.96% from 800 million yuan in the same period in 2018. In view of the reasons for the sharp decline in operating income and net profit, Zhongtai Motors has said that mainly affected by the macroeconomic situation, the overall prosperity of the automobile industry is not high, car sales fell sharply, did not meet expectations.
In April, the market share of Chinese brand passenger cars was only 34.6%, down 2.6 percentage points from a year earlier, a six-year low; from January to April, the market share was 38.1%, down 2.5 percentage points from a year earlier, falling below the 40% red line again.
On the evening of June 18, Zhongtai Motor issued a revised announcement of its 2019 results, showing a loss of 10.8 billion yuan to 11.5 billion yuan in 2019, compared with an estimated loss of 6 billion yuan to 9 billion yuan, compared with a profit of 800 million yuan in the same period last year. As for the reasons for the performance correction, there are mainly the following two points: ① is affected by factors such as COVID-19 's epidemic situation, and the company's cash flow is further affected. Due to financial constraints, the management of the company adjusted the original resumption plan according to the actual situation, adjusted some of the reproduced models and reduced the reproduction output, and the recoverable amount of the calculated production line was lower than its book value, resulting in some.
According to the results of a number of listed car companies in the first quarter of 2020, a huge decline in revenue and profit has been inevitable, of which Great Wall Motor lost 650 million yuan.
Ms. Jin in Wuhan reported to the media that Maserati, who had only been mentioned for less than 20 days, had stopped and stalled many times on the highway, and that there were 67 breakdowns in the car. Ms. Jin asked the 4S store to change the car. According to Ms. Jin's description, her Maserati Ghibli was raised from Hengxin's Maserati 4S store in Wuhan on July 14 this year, with a price of nearly 900000 yuan. On July 26, when Ms. Jin was driving the Martha on the highway back to Wuhan in Yichang, the car suddenly gave an oil alarm, then the car stalled and lost power. After pulling over in an emergency, Ms. Kim tried to start the ignition several times but failed.
Recently, a car owner said that he had lost more than ten jin a month because there was something wrong with his new car. What's going on? Let's learn more about it. In Xiaoshan, Hangzhou, a car owner, Ms. Tang, spent more than 100,000 yuan on a Skoda express car at the Skoda 4S store, but there was something wrong with the car the next day. According to Ms. Tang, she spent more than 100,000 yuan on a new car, but as a result, there was a problem and could not find the cause, so she fell into trouble and lost more than ten jin a month. It is understood that the day after Ms. Tang drove the car home, she found that the new car was in reverse every time.
If you are familiar with Rolls-Royce or have seen a real car, you must know that the logo of "Flying Goddess" is a unique logo of Rolls-Royce, and the person who can drive this Rolls-Royce is also very honorable. However, the owner of a Rolls-Royce Phantom always dislikes that the logo of "Flying Goddess" is too small and not of high grade, so he personally customized a special logo for his car. What on earth is going on? Let's have a look! In Beijing, netizens shot a video about Rolls-Royce changing cars, which caused heated discussion among netizens. In the video, a black Rolls-Royce appeared in the picture, but the original Flying Goddess logo of the Rolls-Royce car.
A few days ago, Mr. Jin, the owner of a car in Hangzhou, revealed to the media that on the evening of April 27, when he was driving a BMW five-Series car at high speed, it was raining heavily and suddenly stepped on the accelerator without responding. However, the vehicle's driving assistance system has always shown that "you can continue to drive." "it was so dangerous that a lot of cars passed me and it was too late to brake," Mr. Kim recalled. " Mr. Kim said: "the fault that pops up on the display screen shows that it is a transmission failure, so I immediately look at the auxiliary screen, but the auxiliary screen shows tips such as continuing to drive and contacting 4S store for repair if it breaks down again. Instant throttle.
According to 1818 Golden Eye media reports, Ms. Jin in Hangzhou has a zero-running T03 new energy car, and it took nearly a year to know that there was a camera inside the car. It is worth mentioning that the camera in the car will turn on automatically as long as it is started, and it cannot be turned off artificially, which annoys Ms. Jin very much. According to Ms. Jin, the zero running T03 was bought in June 2020 and cost less than 80,000 yuan. Ms. Kim said the camera records facial information and sends voice alerts when yawning or making a phone call while driving. Ms. Kim said that she had not paid attention to it before, some time ago.
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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