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  Another independent brand is facing the fate of elimination, and Lifan's sales have plummeted and lost money.

  After the collapse in sales and losses in performance, Lifan is now in deep trouble. According to the May production and sales KuaiBao announcement issued by Lifan, production of Lifan traditional passenger cars fell 87 per cent in May to 1066 vehicles from a year earlier, with a cumulative total of 16335 vehicles from January to May, down 62 per cent from a year earlier. In terms of sales, 1024 vehicles were actually sold in May, down 86.6% from a year earlier, while 19683 vehicles were sold in the previous month, down 57% from a year earlier. Sales of new energy vehicles were even lower, with sales of 108 vehicles in May, down 64.24% from a year earlier, with sales of only 1011 vehicles from January to May. You know, the sales of Lifan new energy vehicles can reach in 2018.

  Car sales volume 2019-06-16
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  Lifan lost 2.6 billion yuan in the first three quarters.

  Domestic car companies opened the prelude to reshuffle, loss-making operation has become the norm. On October 25, Lifan released its third-quarter results report in 2019. In the first three quarters, the company achieved an operating income of 6.686 billion yuan and a loss of 2.633 billion yuan. Lifan shares lost 947 million yuan in the first half of this year, meaning that Lifan lost 1.686 billion yuan in the third quarter alone. Behind the operating loss is a sharp decline in Lifan's business. According to Lifan's September production and sales report, the company sold 22000 traditional passenger cars from January to September, down 72.25% from a year earlier; in the previous September, the company sold a total of 2035 new energy vehicles, year-on-year.

  Lifan car Lifan lost money Lifan's current situation 2019-10-26
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  The output in July was only 34, and the old car, Enterprise Lifan, was too miserable.

  In the first half of the year, sales of traditional passenger cars were 20800, down 62.55% from the same period last year. In July, when the sixth national standard was implemented, Lifan car production and sales fell sharply again. The production and marketing report of Lifan shares shows that the company produced only 34 traditional passenger cars in July 2019, down 99.58% from January to July last year, down 70.97% from January to July. In July, Lifan sold 678 traditional passenger cars, down 91.43% from January to July, down 66.16% from January to July. In addition, Lifan, which started with motorcycles, has also appeared in terms of motorcycle sales.

  Car Lifan 2019-08-15
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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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  Chinese car companies' first-quarter performance summary, the Great Wall, Taijiang, Huaihai, Ma Lifan fell into a loss.

  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.

  Listed car company automobile industry 2020-04-30
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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 flow can not change the sales volume, and many car companies are absent from the Guangzhou Auto Show.

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  Guangzhou Auto Show 2019-11-22
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  Lifan lost 947 million yuan in the first half of the year and wants to return to the motorcycle industry to survive.

  According to the semi-annual report data released by Lifan, in the first half of this year, Lifan achieved revenue of 5.178 billion yuan, down 13.39% from the same period last year, and the monthly net profit attributed to listed companies was-947 million yuan, compared with about 125 million yuan in the same period last year. The cruel data forced Lifan Group to change its business strategy. In the face of a loss of nearly 1 billion yuan, Lifan has to announce that it will weaken the new energy vehicle industry and strengthen the motorcycle business, so as to lead Lifan out of the predicament. At the same time, Chen Wei, the vice chairman of the passenger car business, and Ma Ke, the president, left at the same time, and Yang Bozeng, the executive vice president of the motorcycle business.

  Loss car dealership Lifan 2019-09-06
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  Lifan lost 947 million yuan in net profit in the first half of 2019, and the focus of development shifted to motorcycle business.

  On the evening of August 22, Lifan released a semi-annual report with a net loss of more than 900 million yuan, and also carried out a series of personnel adjustments, such as a change of general. According to the data, the company's operating income in the first half of 2019 was 5.178 billion yuan, down 13.39 percent from the same period last year, while the net profit was 947 million yuan, compared with a profit of 125 million yuan in the same period last year, down 859.98 percent from the same period last year. For such a great change in performance in the middle of the year, Lifan said in the announcement that, first of all, changes in the external market environment affected the company's production and marketing, resulting in a substantial decline in production and sales and a decrease in gross profit; secondly, due to the difficult financing environment, the company was short of funds, in order to maintain production and operation.

  Loss 2019 Lifan 2019-08-23
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  It is exposed that four Chinese car companies have filed for bankruptcy, and the upstream and downstream supplier industry chain has 50 billion bad debts.

  Today, the net exposed an internal email from a joint-stock bank asking for an internal risk investigation on the upstream and downstream industrial chains of four car companies, as the media reported that Cheetah, Zhongtai, Huatai and Lifan would enter bankruptcy proceedings by the end of the year. The joint-stock bank made it clear in the notice that "according to media reports, Cheetah, Zhongtai, Huatai and Lifan will enter bankruptcy proceedings at the end of the year, and it is expected that the industrial chain of upstream and downstream auto parts suppliers will have a total of about 50 billion yuan of bad debts." Affected by this, the bank requires that the stock of customers involved in the above four car enterprises upstream and downstream industrial chain, should be a detailed understanding of their affected situation.

  Automobile company goes bankrupt 2019-10-09
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  "Lifan pays back money"-- Lifan Automobile Dealers gather in Chongqing headquarters to safeguard their rights

  China's auto market has shifted from blowout development to declining competition. Passenger car sales fell 5.8 per cent in 2018 and further expanded to 10.5 per cent in the first quarter of this year. Traditional car companies are facing a reshuffle and car dealers are doomed. Since last year, dealers' rights protection incidents have been staged continuously, mostly focused on independent brands and joint venture brands that are not in the mainstream. Dealers generally reflect the problems such as high inventory pressure, persistent operating losses, and inaction of manufacturers, and demand compensation from manufacturers. For example, Guangzhou Auto Fick Jeep dealers collective rights protection, BAIC Magic Speed, Guanzhi, Baowo car dealers rights protection events and so on. As you wish.

  Cars dealers 2019-05-05
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  The annual forecast of independent car companies shows that the two car companies have lost more than 6 billion yuan.

  2020 has passed, a number of domestic car companies have released the latest performance forecasts for the past year. According to the forecast of the published annual report, thanks to the implementation of relevant policies to stimulate the market, it recovered rapidly in the second half of the year, but due to the disruption of production and sales caused by the epidemic in the first half of the year, many car companies still suffered substantial losses. First, let's take a look at Great Wall Motor and Chang'an Automobile. Great Wall Motor released its annual results on January 25, KuaiBao showed that the total revenue of Great Wall Motor in 2020 was 103.283 billion yuan, up 7.35 percent from the same period last year, and the net profit belonging to shareholders of listed companies was 5.392 billion yuan, up 19.90 percent from the same period last year. A brand new product.

  BAIC new energy 2021-01-30
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  Lifan's account is frozen and unable to repay its debts, and its financial situation is worrying.

  Sales decline, performance losses, factory shutdown, deep debt, Lifan suffered the biggest crisis in history. On December 17, Lifan shares announced that the company used 449 million yuan of idle funds raised by the previous non-public offering shares to temporarily replenish 10 million yuan of the working capital on December 17, 2019. Because the special account of raising funds opened by the company related to the previous non-public offering shares has all been frozen, in order to ensure the safety of the company's funds, it is temporarily unable to return to the raising fund account. In addition, Lifan due to financial constraints, part of the funds raised before has not yet been bad, delinquent so far. In the announcement, Lifan said.

  Lifan 2019-12-18
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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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  The rights of the dealers were protected again a year later, and Lifan Motor was in financial trouble.

  China's first A-share private passenger car manufacturer has been selected as one of the top 500 Chinese enterprises for many years, and has been in the forefront of the automobile and motorcycle industry in Chongqing for many years. This is the introduction of yourself on the official website of Lifan Industrial (Group) Co., Ltd. However, it is such an once-glamorous car company that has been protected by dealers again recently. According to media reports, a number of Lifan car dealers have gathered at Lifan vehicle Research Institute to claim compensation from manufacturers to protect their rights. Some dealers said that they offered to withdraw the net to Lifan in May 2019, but the balance of 150000 yuan deposit and more than 4000 yuan car model has not been returned, and the manufacturer has been.

  Lifan automobile 2020-06-22
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  The ideal car delivery period is "thunderstorm", and the cooperative bank stops causing the car owner to have no money to pick up the car.

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  Ideal car 2019-12-11
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  A car company lost 20 billion yuan in two years, but its stock price soared when its net assets were negative.

  On April 29th, Zhongtai Motor disclosed its 2020 financial results, showing that during the reporting period, total revenue reached 1.338 billion yuan, down 55.18% from the same period last year, while the net loss was 10.801 billion yuan, up 3.47% from the same period last year. At the same time, Zhongtai Motor also released financial data for the first quarter of 2021, with operating income of 205 million yuan during the reporting period, down 2.13% from the same period last year, and a net loss of 254 million yuan, up 38.96% from the same period last year. According to the financial report, by the end of March 2021, the net assets of Zhongtai Motor belonging to shareholders of listed companies were-4.678 billion yuan. Zhongtai Motors said that the subordinate automakers.

  Zhongtai Automobile 2021-04-29
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  Lifan was sued for 1.4 billion yuan, and a number of suppliers were in arrears.

  After the decline in sales, the qualification for land sales and the freezing of shares, Lifan Motor was also sued by auto parts suppliers and financial companies for a huge sum of money, demanding a payment of more than 1 billion yuan. A few days ago, Wanan Science and Technology announced that its wholly-owned subsidiary Zhejiang Zhuji Wanbao Machinery Co., Ltd. had submitted a civil complaint to the people's Court of Zhuji City, Zhejiang Province on July 22, requiring Chongqing Lifan passenger car Co., Ltd., a subsidiary of Lifan Co., and Beibei Branch of Lifan Automobile to pay about 6.0757 million yuan. Wanan Science and Technology Bulletin said that since 2007, Lifan passenger car, Lifan passenger car Beibei branch continues to.

  Sue supplier Lifan 2019-07-30
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  The automobile manufacturing industry in Chongqing has plummeted, and many car companies are facing a crisis of survival at a loss.

  With the continuous recession of the automobile industry, the loss-making operation of domestic automobile companies has become the norm, and some joint ventures and independent brands have difficulties in survival, which leads to a reshuffle. Chongqing is one of the "China Automobile cities", which gathers many independent and joint venture brands and auto parts supporting industries, but the decline in sales and brand decline has led to a severe setback to the automobile industry. Today, CCTV Finance reported the operation status of Lifan Automobile, one of the representative automobile companies in Chongqing automobile manufacturing industry. The investigation found that Lifan Automobile production base was almost at a standstill, and employees were still in arrears. The financial report shows that Lifan shares lost 2.6 billion in the first three quarters. And Lifan is only Chongqing.

  Automobile manufacturing industry 2019-11-02
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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