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  Brilliance China will be privatized? Brilliance Group refutes rumors

  On September 24, in response to the rumor that "Liaoning Exchange is considering taking the lead in privatizing brilliance China", brilliance Group holding Co., Ltd. (hereinafter referred to as "brilliance Group") responded: "We have not received any relevant information. Do not be misled by false information." Earlier, there were media reports that Liaoning Transportation Construction Investment Group would take the lead in privatizing brilliance China, which could start as early as the fourth quarter of this year. Brilliance China rose sharply in the Hong Kong stock market on the news, closing up 4.86% to HK $7.34. According to brilliance China Disclosure notice, May 27, brilliance Group to Liaoning Province traffic construction.

  Brilliance China 2020-09-24
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  Sudden: Qi Yumin, former chairman of brilliance Automobile Group, was investigated, suspected of serious violation of discipline and law.

  According to the Liaoning Provincial discipline Inspection Commission, Qi Yumin, former party committee secretary and chairman of brilliance Automobile Group Holdings Co., Ltd., is suspected of serious violations of discipline and the law and is currently under disciplinary review and supervision investigation. In April last year, Qi Yumin ended his 13-year mission at brilliance. On April 1, 2019, brilliance held a cadre meeting, at which it was announced that Yan Bingzhe, former vice mayor of Shenyang City, Liaoning Province, had been appointed party committee secretary and chairman of brilliance Automobile Group holding Co., Ltd.; at the same time, Qi Yumin, because of his age, no longer served as party committee secretary and chairman of brilliance Automobile Group holding Co., Ltd. 200...

  Brilliance car 2020-12-04
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  Liaoning Procuratorate: decision to arrest Qi Yumin, former Chairman of brilliance Motor

  According to official information released by the Liaoning Provincial people's Procuratorate, Qi Yumin, former party committee secretary and chairman of brilliance Automobile Group Holdings Co., Ltd., was suspected of accepting bribes, misappropriating public funds and abusing power by personnel of a state-owned company. Liaoning Provincial Supervisory Commission investigated and transferred to the procuratorial organs for examination and prosecution. The jurisdiction designated by the Liaoning Provincial people's Procuratorate shall be examined and prosecuted by the Chaoyang people's Procuratorate. A few days ago, the Chaoyang people's Procuratorate made a decision to arrest Qi Yumin on suspicion of accepting bribes, embezzlement of public funds, and abuse of power by personnel of state-owned companies. According to official data, Qi Yumin was born in January 1959 and worked in August 1982.

  Brilliance car 2021-06-19
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  The 4S store promised 140000 yuan to buy a car after one year, but refused to return the owner when the contract expired: there is something wrong with it.

  Recently, a video has circulated on the Internet, in which a lot of people gathered in a Shenyang Xinchen 4S store in Liaoning Province, and everyone asked the 4S store to return their car purchase money. what happened? According to Mr. Zhang, there was an auto show in Shenyang in March last year. When I went to the auto show, I saw a poster of Xinchen, which said that the price of the China V5 was 31800 yuan. Seeing that the car was so cheap, Mr. Zhang went with his lover to Xinchen 4S store to understand, but the staff of Xinchen 4S store said that this preferential activity was not the on-site car price of 31800 yuan, but that the higher department should be returned by stages after the full payment was first paid.

  4s store contract expires 2019-09-19
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  All of a sudden! The chairman of an automobile company is "missing".

  On the evening of September 13th, Liaoning Shuguang Automobile Group Co., Ltd. (securities referred to as ST dawning) revealed that it was in a state of loss of contact with the actual controller, Mr. Zhang Xiugen. At the same time, the dawn of ST continued to rise, and finally closed with the daily limit, harvesting the 18th trading record of 22 trading days. In view of the fact that the company

  Automobile Huatai dawning company shares auction group Zhang Xiu limited limited shareholders announcement stock Liaoning Santa Fe 2022-09-14
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  Brilliance Group was fined 53.6 million yuan

  On September 16, Jinbei Automobile and Shenhua Holdings issued announcements one after another, saying that brilliance Group, the company's indirect controlling shareholder, had received the CSRC's "administrative penalty decision". Brilliance Group was fined a total of 53.6 million yuan by the CSRC for a number of illegal acts such as illegal information disclosure in the interbank bond market. In addition, the relevant personnel were fined between 80, 000 yuan and 600000 yuan. In addition, both Jinbei Automobile and Shenhua Holdings said that the administrative penalty imposed by the China Securities Regulatory Commission on brilliance will not affect the company's daily production and operation activities. It is understood that on November 20, 2020, the China Securities Regulatory Commission was suspected of brilliance Group.

  Brilliance Group 2021-09-17
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  Tesla's second factory settled in Shenyang? Official response

  On Feb. 12, the official account of Liaoning Publishing, certified as the General Office of the people's Government of Liaoning Province, promoted an article entitled "five grasps of Shenyang Dadong District and striving to be the Vanguard of Revitalization and Development". The article appeared such a sentence: "combined with the urban renewal of civil service areas, open the space for industrial development, and lay the foundation for the landing of major new energy vehicle projects such as Tesla." As it was released by the state media, and the key words such as "Tesla" and "the landing of the new energy vehicle project" were mentioned in the article, many media interpreted it as "Tesla's second factory in China will be located in the Dadong District of Shenyang City." However, according to Sina Technology.

  Tesla 2022-02-14
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  Supreme Procurator: Qi Yumin, former chairman of brilliance Group, was prosecuted.

  According to the Supreme people's Procuratorate, Qi Yumin, former party committee secretary and chairman of brilliance Automobile Group Holdings Co., Ltd., was suspected of accepting bribes, misappropriating public funds, and abusing power by personnel of state-owned companies. The case was designated by the Liaoning Provincial people's Procuratorate and prosecuted by the Chaoyang people's Procuratorate to the Chaoyang Intermediate people's Court in accordance with the law. During the stage of examination and prosecution, the procuratorial organs informed the defendant Qi Yumin of the litigation rights enjoyed by Qi Yumin in accordance with the law, questioned the defendant in accordance with the law, and listened to the opinions of the defender. Chaoyang people's Procuratorate sued that the defendant Qi Yumin served as assistant to the general manager and director of the Planning Department, deputy general manager and general manager of Dazhong Group.

  Brilliance car 2021-07-24
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  Official announcement: the former chairman of brilliance Group accepted 133 million yuan in bribes

  According to a notice issued by the official website of the Supervisory Commission of the Liaoning Provincial discipline Inspection Commission on carrying out business environment supervision, Qi Yumin, former party committee secretary and chairman of brilliance Automobile Group Holdings Co., Ltd., destroyed the business environment in the field of state-owned enterprises and disclosed the typical case of seeking benefits for others and accepting property of more than 133 million yuan. It is reported that

  Brilliance Group BMW Company Automobile brilliance Group people Holdings discipline Director Chairman Secretary Limited Co. Ltd. Liaoning 2022-05-07
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  Qi Yumin stepped down as chairman of brilliance Automobile Group, and Yan Bingzhe took over.

  Confirmed that Yan Bingzhe, vice mayor of Shenyang, officially replaced Qi Yumin as chairman of brilliance. On April 1, brilliance held a cadre meeting, at which it was announced that Yan Bingzhe, former vice mayor of Shenyang City, Liaoning Province, had been appointed party committee secretary and chairman of brilliance Automobile Group holding Co., Ltd.; at the same time, Qi Yumin, because of his age, no longer served as party committee secretary and chairman of brilliance Automobile Group holding Co., Ltd. In December 2005, Qi Yumin, then vice mayor of Dalian Municipal people's Government, was ordered to take over brilliance, which had been losing money for three years in a row, and finally turned brilliance into profit in 2007. So far, Qi Yumin has.

  2019-04-01
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  The documents are made public! BMW China wholly acquires brilliance China Factory

  On October 20, the website of the Anti-monopoly Bureau of the State Administration of Market Supervision announced the case of BMW (China) Investment Co., Ltd. acquiring a stake in brilliance Automobile Manufacturing Co., Ltd. According to the documents, brilliance Automobile Group Holdings Limited ("brilliance Group") currently holds a 100% stake in brilliance Automobile Manufacturing Co., Ltd. ("brilliance Manufacturing"), thus controlling brilliance Manufacturing alone. BMW (China) Investment Co., Ltd. ("BMW China") has signed an equity sale and purchase agreement with brilliance Group to acquire the entire stake in brilliance Manufacturing. After the proposed deal, BMW China will control brilliance separately. Data show that BMW China was founded in 2019.

  Brilliance BMW brilliance China 2021-10-20
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  The Central Commission for discipline Inspection reported that Qi Yumin, former chairman of brilliance Group, was expelled from the party.

  After six months of investigation, the Central Commission for discipline Inspection finally gave the final result on Qi Yumin, former party committee secretary and chairman of brilliance Automobile Group Holdings Co., Ltd., suspected of serious violations of discipline and law. According to the Liaoning Provincial discipline Inspection Commission, Qi Yumin, former party committee secretary and chairman of brilliance Automobile Group Holdings Co., Ltd., was expelled from the party, according to the Liaoning Provincial discipline Inspection Commission, according to the website of the Central Commission for discipline Inspection on June 15. After investigation, Qi Yumin involved a total of 9 charges: loss of ideals and beliefs, disregard of party discipline and state law, confrontation with organizational review; violation of the spirit of the eight regulations of the Central Committee, acceptance of gifts that may affect the fair performance of official duties, illegal provision and use of official vehicles; serious decisions in violation of rules of procedure.

  Brilliance Group 2021-06-15
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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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  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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  FAW Group plans to buy brilliance for $7.2 billion? Brilliance China responds

  There has been no substantial progress since brilliance was ruled by the court to go bankrupt and reorganized. FAW is considering buying BMW's main Chinese partner brilliance China Automotive Holdings Co., Ltd., with a total deal likely to reach $7.2 billion (46.7 billion yuan), media sources reported on Feb. 3. According to the source, according to the plan currently under discussion, FAW will first acquire 30.43% of brilliance's shares and 11.89% of the shares of the state-controlled Liaoning Provincial Transportation Investment Group. FAW will then make a mandatory offer for the remaining shares of brilliance. At the same time.

  Brilliance Group FAW Group 2021-02-03
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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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  Trading of 1 billion yuan of bonds defaulted was suspended, brilliance Group responded

  After Lifan Motor and Zhongtai Automobile, brilliance Group has also received extensive attention because of its financial problems. Brilliance Automotive Group Holdings Limited (hereinafter referred to as "brilliance Group") responded to the default of 1 billion of its bonds on October 26, saying that "there are indeed temporary funding difficulties, so it is unable to repay maturing bonds on schedule." the group is actively working on solutions, and it is believed that brilliance will actively and properly solve the bond problem. " On October 23, brilliance Group failed to pay 1 billion yuan of private equity bonds "17 Huaqi 05" on schedule, resulting in a substantial default. According to the relevant rules, brilliance Group is currently deposited.

  Brilliance Group 2020-10-26
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  To help prevent and control the epidemic in Hebei, Great Wall Motor donated 5 million yuan

  Although novel coronavirus has made a major breakthrough in epidemic prevention, with the approach of the Spring Festival and the increase of personnel mobility and gathering activities, the risk of spread of the epidemic has increased, and sporadic cases of COVID-19 have appeared in many places in China one after another, and the prevention and control of the epidemic has entered a tense and severe moment. In 2021, Hebei Shijiazhuang, Xingtai City and other places have reported a number of confirmed cases of COVID-19. According to the latest report, there were 48 new locally confirmed cases in China on January 9, 2021, including 46 in Hebei Province, 1 in Beijing and 1 in Liaoning. From 0 to 10:00 on January 10, there were 40 new locally confirmed cases in Hebei, all in Shijiazhuang.

  Great Wall Motor 2021-01-10
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  BMW: the plan to buy 25% of brilliance BMW remains unchanged

  BMW responds to brilliance's debt problem: its plan to buy a 25% stake in brilliance remains unchanged

  Brilliance BMW brilliance car 2020-11-18
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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