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  Equity freeze! Chongqing Lifan Holdings reduced its holdings of 2.1 million Lifan shares

  On September 24th, Lifan shares issued an announcement revealing that Chongqing Lifan Holdings Co., Ltd. held 620642656 shares of Lifan Industrial Co., Ltd before the reduction, accounting for 47.24% of the company's total share capital. As of September 23, 2019, the company's major shareholder, Chongqing Lifan Holdings Co., Ltd., has reduced its holdings of 2100000 Lifan shares through centralized bidding, accounting for 0.16% of the company's total share capital. There are consistent actors in the main body of the reduction, which are Yin Mingshan, Chen Qiaofeng, Yin Xidi and Yin Suowei, except Yin Mingshan's shareholding ratio of 0.13.

  Lifan Holdings reduced its stake in 2.1 million Lifan shares 2019-09-25
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  Geely intends to acquire two Chinese and foreign car companies? Geely responded that there was no such plan.

  In 2020, the Chinese car company Geely Group continued its mergers and acquisitions. After hosting the Changfeng Cheetah car factory and confirming its ownership of the commercial vehicle Valin Star Horse, Geely said that Geely was interested in acquiring a Chinese car company and a foreign car company. They are Lifan shares and South Korea Ssangyong Motor. Geely has denied the matter. The rumors of Geely and Lifan recently pointed out that Zhejiang Geely Holdings Group Co., Ltd. plans to inject capital into Chongqing Lifan Holdings Co., Ltd. to become its largest shareholder, the price and scale of the stake is not clear. Affected by the news, Lifan shares once rose in a straight line by the limit. Subsequently, in response to this rumor Geely Automobile Group.

  Geely car Lifan 2020-06-20
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  Huge losses were saved! Geely announces joint venture with Lifan

  On December 13, Hong Kong Geely Holdings announced that the company intends to jointly invest with Lifan Technology to set up a joint venture company, with a registered capital of 600 million yuan, and Geely Holdings and Lifan Technology each contribute 300 million yuan, with a shareholding ratio of 50%. In addition, after consultation and agreement between the two parties, both parties may appoint another subject to make capital contribution. The announcement shows that the business scope of the target company is vehicle design, research and development, sales (including accessories, parts processing equipment, automobile decoration); import and export of goods, agency import and export, technology import and export; software development; technology development, technical services, technical consultation, technology transfer. According to the announcement, Lifan Science and Technology is based on Ji.

  Geely car 2021-12-13
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  604 million shares of Lifan Motor were frozen, and many dealers chose to withdraw from the network.

  According to a notice issued by Lifan shares, about 604 million shares held by the controlling shareholder Chongqing Lifan Holdings Limited (referred to as "Lifan Holdings") have been frozen, accounting for 97.28% of the company's shares held by Lifan Holdings. It accounts for 45.96% of the total share capital of Lifan shares, with a freeze period of 3 years. After the collapse in sales and losses in performance, Lifan is now in deep trouble. According to the May production and sales KuaiBao announcement released by Lifan, production of traditional passenger cars fell 87 per cent in May from a year earlier to 1066, with a cumulative total of 16335 from January to May, down 62 per cent from a year earlier. In terms of sales, May is real.

  Cars dealers Lifan shares were frozen 2019-06-26
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  Seriously insolvent! An electric car company filed for bankruptcy liquidation

  On March 6, Lifan Science and Technology (Group) Co., Ltd. (hereinafter referred to as "Lifan Technology") issued a notice that the board of directors approved the "motion on the application for bankruptcy liquidation of Henan Lifan New Energy Electric vehicle Co., Ltd., a wholly-owned subsidiary". It is agreed that Henan Lifan should apply to the court for bankruptcy liquidation. The data show that Henan Li

  Lifan company model automobile technology Geely Henan sales bankruptcy liquidation court similar market motorcycle motorcycle 2023-03-07
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  46.87% of Lifan's equity has been frozen, and the new energy and motorcycle industries continue to decline.

  In the face of the continuing downturn in the automobile market environment, Lifan shares publicly showed that they had lost 947 million yuan in the first half of the year and announced a few days ago that they wanted to return to the motorcycle industry to seek survival. According to the production and sales data released by Lifan, in the first half of the year, Lifan's sales of traditional passenger cars were 21000, down 62.6% from the same period last year, while sales of new energy vehicles were only 1257, down 60.7% from the same period last year. Lifan's loss of 947 million yuan in the first half of the year is not surprising. On September 12, Lifan shares announced again that the company's controlling shareholder, Chongqing Lifan Holdings Co., Ltd. (hereinafter referred to as "Lifan Holdings").

  New energy industry decline Lifan 2019-09-13
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  Another autonomous car company became insolvent and applied to the court for restructuring.

  On the evening of August 6, Lifan shares announced that the controlling shareholder, Chongqing Lifan Holdings Co., Ltd. (hereinafter referred to as "Lifan Holdings"), on the grounds that it was unable to pay off its maturing debts and its assets were insufficient to pay off all its debts, apply to the Fifth Intermediate people's Court of Chongqing (hereinafter referred to as "the Court") for judicial reorganization. At present, Lifan Holdings has submitted an application for restructuring to the court, which may have an impact on the company's ownership structure. According to the announcement, Lifan Holdings has been facing debt risks since 2017. although it has tried its best to formulate relevant plans and resolve related problems through a variety of ways, it still cannot completely get rid of its liquidity crisis.

  Lifan shares 2020-08-07
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  Lifan Yin Mingshan was filed by the Securities Regulatory Commission for investigation on suspicion of illegal disclosure of information.

  Yin Mingshan, the 82-year-old Lifan controller, was investigated by the CSRC. Now Lifan is in a state of restructuring in a business crisis, and the huge debt makes it difficult for the autonomous car giant. A few days ago, Lifan shares issued an announcement that the company received notice from controlling shareholder Lifan Holdings and the actual controllers of the company, Yin Mingshan, Chen Qiaofeng, Yin Xidi and Yin Suowei, who received the "notice of investigation" issued by the China Securities Regulatory Commission on October 12 and 13 respectively. The CSRC decided to file a case against Lifan Holdings, Yin Mingshan, Chen Qiaofeng, Yin Xidi and Yin Suowei on suspicion of illegal information disclosure. The announcement also shows that force.

  Lifan 2020-10-14
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  The net profit of Lifan technology has halved!

  On the evening of August 21, Lifan Technology disclosed its performance report for the first half of 2023. According to the report, the operating income of Lifan Technology in the first half of the year was 2.563 billion yuan, down 18.19% from the same period last year, of which the revenue from Lifan Technology Automobile business was 1.215 billion yuan, down 29.91% from the same period last year, and the net profit was 4017

  Lifan Automotive Technology sales Company Geely New Energy Market Model net profit net profit Fund Maple Leaf Man Jiang Man Jiang Hong 2023-08-22
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  Lifan only retained the motorcycle business, and many media reported that Geely's takeover of Lifan was a foregone conclusion.

  According to media reports, Geely Motor's acquisition of Lifan shares is a foregone conclusion. At that time, Lifan will only retain the motorcycle sector, and the rest will be taken over by Geely Motor, "including shell resources of listed companies, production qualifications, financial licenses, and so on." In addition, after Geely takes over Lifan, it will get the local Yuanyang plot in Chongqing, which is currently worth 10 billion yuan. With regard to Geely's acquisition of Lifan, some media have sought confirmation from Yang Xueliang, vice president of Geely Automobile Group, but it has not been confirmed as of press time. In fact, rumors about Geely's acquisition of Lifan were already reported as early as June, when there were media reports that Geely Holdings planned to inject capital into Lifan Holdings.

  Lifan Geely 2020-08-06
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  "Yin's era" is a thing of the past, and Lifan's controlling shareholder / controller has changed.

  On December 22nd, * ST Lifan announced that the listed company was successfully restructured and its controlling shareholder was formally changed from Lifan Holdings to Chongqing Manjianghong Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Manjianghong Fund"). Chongqing Manjianghong Enterprise Management Co., Ltd. (hereinafter referred to as "Manjianghong Company") will become the actual controller of the company. On November 10, Lifan Motor announced that the Chongqing Fifth Central people's Court ruled on the reorganization of Lifan shares in accordance with the law on August 21, 2020, and made (2020) Chongqing 05 Breaking No. 193 "decision" on the same day, designating Lifan enterprise liquidation group as Lifan shares.

  Lifan automobile 2020-12-23
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  Due to quality problems with the vehicles purchased, Panda Motor claimed 800 million yuan from Lifan.

  On April 2, Lifan Industrial (Group) Co., Ltd. (hereinafter referred to as "Lifan Co., Ltd.") issued a notice that its subsidiary Chongqing Lifan passenger car Co., Ltd. (hereinafter referred to as "Chongqing Lifan") recently received legal documents such as "notice of participation of Chongqing Arbitration Commission" and "Arbitration Application" served by Chongqing Arbitration Commission. Due to a dispute over the sales contract between Chongqing Lifan and Chongqing Panda Automobile Co., Ltd. (hereinafter referred to as "Panda Automobile"), Panda submitted an arbitration application to the Chongqing Arbitration Commission for compensation of 798 million yuan to Chongqing Lifan. At present, the Chongqing Arbitration Commission has accepted the arbitration application. According to the announcement.

  Lifan 2020-04-02
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  Lifan was acquired by Geely? Lifan and Geely officially responded: false news

  In 2020, the news of restructuring and mergers and acquisitions of automobile enterprises broke out frequently. Recently, it has been reported that Geely Group intends to own Lifan shares. In response to this matter, Geely said that "there is no such thing". Lifan Industrial (Group) Co., Ltd. issued a clarification announcement on media reports. After verifying with the actual controllers Yin Mingshan, Chen Qiaofeng, Yin Xidi, Yin Suowei and controlling shareholder Chongqing Lifan Holdings Co., Ltd., the company confirmed that the relevant media rumors were not true and had not discussed the acquisition or capital injection with a third party at present. No intention has been reached. Lifan also stressed that the company currently has persistent losses and high debts.

  Lifan 2020-06-20
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  The court ruled to accept bankruptcy reorganization, and two autonomous car companies had an accident.

  According to the latest announcement, the controlling shareholders of the two companies were ruled by the court to go bankrupt and reorganized because they were insolvent. On the evening of September 1, Zhongtai Motor issued a notice that Tieniu Group Co., Ltd., the company's controlling shareholder, recently received a "civil order" issued by the people's Court of Yongkang City, Zhejiang Province. the court has accepted Tieniu Group's application for reorganization. The announcement shows that because Tieniu Group is no longer able to pay off its maturing debts, and the amount of book assets is less than the amount of liabilities, it should be determined that assets are not sufficient to pay off all debts, but Tieniu Group's assets are diversified and have core value. Through the pre-restructuring stage.

  Zhongtai Automobile Lifan Automobile 2020-09-02
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  With a reshuffle of the automobile industry in 2020, these brands are facing a moment of life and death.

  2020 is a special year for the global market. due to the influence of the epidemic, the production and operation of the upper, middle and lower reaches of the automobile industry have stagnated. Although the Chinese market has become the first automobile market to recover, under the influence of such a market, there are still many car brands that finally stopped in 2020 because of poor management and become history. 1. Dongfeng Renault on April 14, 2020, both shareholders of Dongfeng Renault announced that the joint venture company had officially ceased operation. Both shareholders reorganized Dongfeng Renault, and Renault transferred its 50% stake in Dongfeng Renault to Dongfeng Automobile Group. Dongfeng Lei.

  FAW Xiali brilliance Group Dongfeng Renault 2021-01-01
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  The net exposed that the deposit of Panda car supported by Lifan is non-refundable! The car is useless!

  In recent years, shared cars have developed from scratch and continued to develop. As the competition becomes more and more serious and financing becomes more and more difficult, a car sharing company gradually collapses and withdraws. A few days ago, some netizens revealed through the platform that the deposit could not be refunded, or even the car was gone. A netizen reflected on the complaint platform, saying that he applied for a deposit on August 27 and had no record of violation, and that he could not return it until recently. He called customer service many times, and each time he replied that he was already dealing with it, but did not return the deposit for too long. Panda car is a new energy vehicle intelligent travel platform invested by Lifan Holdings to provide timesharing, chauffeured car leasing, long-term leasing of enterprises and institutions, etc.

  The net exposed that the deposit of Panda car supported by Lifan is non-refundable. 2019-10-17
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  The shares held are frozen again! Three car companies issued a clarification announcement, but Huatai Motor kept its mouth shut.

  A few days ago, an e-mail examining the risk of bankruptcy circulated on the Internet, which said that according to media reports: Cheetah, Zhongtai, Huatai and Lifan will enter bankruptcy proceedings at the end of the year, and it is estimated that the industrial chain of upstream and downstream auto parts suppliers will have a total of about 50 billion yuan of bad debts. For this news, Zhongtai Motor, Lifan Motor and Cheetah Motor have all responded to bankruptcy rumors. Zhongtai Automobile issued a clarification notice saying that at present, everything is normal in the company's production and operation, and that there is no case of insolvency entering bankruptcy proceedings, and that the relevant rumors have caused serious reputational damage to the company, and the company will reserve the right to take further measures to protect the company.

  Four car companies were exposed to go bankrupt 2019-10-11
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  Maple Leaf or withdraw from the market? Geely and Lifan Joint Venture named Ruilan Automobile

  On January 24, Geely announced that the joint venture company jointly invested by Geely Automobile and Lifan Technology has completed the industrial and commercial registration procedures and obtained the business license issued by the Market Supervision Administration of Liangjiang New area in Chongqing, China. it is named Chongqing Ruilan Automobile Technology Co., Ltd. ("Ruilan Automobile"). The announcement shows that Ruilan Automobile will launch a variety of power products in the future. based on self-developed power exchange technology, Ruilan Automobile is committed to creating an intelligent power exchange ecology and providing competitive power exchange products and services for the market. Four days ago, Geely launched the smart electric car Maple Leaf 60S related information officially announced, the new car is expected to be 2.

  Ruilan car 2022-01-24
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  Geely officially participated in the restructuring of Lifan

  According to Lifan's latest announcement, Geely confirmed its participation in the judicial restructuring of Lifan. A few days ago, Lifan issued a "Progress notice on recruiting restructuring investors", saying that Chongqing Liangjiang Equity Investment Fund Management Co., Ltd. and Geely Maijie Investment Co., Ltd. as a consortium, the application materials for investors with intention to restructure were submitted to the manager in accordance with the provisions of the recruitment announcement. For the application materials, the manager conducted a strict examination; within the time limit specified by the manager, Liangjiang Fund and Maijie Investment paid a deposit and signed a confidentiality agreement. Confirmed by the manager, Liangjiang Fund, Maijie investment registration is valid, now as the intention to restructure investment ginseng.

  Lifan Geely 2020-10-03
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  Ideal smart car is listed as the executee ideal car: it has nothing to do with me

  It is learned from the China Executive Information publicity Network that Chongqing ideal Zhizhao Automobile Co., Ltd. has been listed as the person subject to execution by the people's Court of Beipei District of Chongqing Municipality, and the specific cause of the case has not yet been disclosed. It is worth noting that it has been only two months since the company was last listed as the subject of execution. In September, ideal Zhizhao was listed as the person subject to execution by the people's Court of Beipei District of Chongqing. With regard to the fact that the ideal car manufacturing company was listed as the executee for the second time, the ideal car replied: this is a problem left over from the history of Lifan Automobile, which has nothing to do with the ideal car, and the ideal car does not accept any debt from Lifan Automobile. According to the heavenly eye survey information, Chongqing ideal smart car is limited.

  Lifan car ideal car 2019-11-13