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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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  Lifan was awarded a compensation of 780 million, and Lifan was pursued by brother company Panda Motor to make matters worse.

  Due to the serious quality defects of the new energy vehicles provided by Lifan passenger cars to the leasing platform Panda Motors, the latter filed an arbitration claim against the former. According to the ruling made by the Chongqing Arbitration Commission, Lifan passenger cars will compensate Chongqing Panda Automobile Leasing Co., Ltd. for a total of about 783 million yuan in asset losses and revenue losses.

  Lifan automobile 2020-05-12
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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 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 recalled 3651 new energy vehicles, exceeding the total sales in May.

  Although the current living condition of Chongqing Lifan Automobile is worrying, it is decided to recall the defective automobile products. According to the information on the website of the State Market Supervision Administration, Chongqing Lifan passenger car Co., Ltd. filed the recall plan with the State Administration of Market Supervision and Administration in accordance with the requirements of the regulations on the recall of defective Automobile products and the measures for the implementation of the regulations on the recall of defective Automobile products. It is decided to recall a total of 3651 Lifan 650EV300 pure electric vehicles produced from December 11, 2017 to December 31, 2018 from July 1, 2020. It is worth mentioning that this time.

  Lifan automobile 2020-06-15
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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 announced its January sales, and only one fuel vehicle was sold.

  When the domestic car entered the stock era superimposed the impact of the COVID-19 epidemic, the differentiation of car enterprises has been very obvious, especially since the end of 19 years, several car companies that were exposed by CCTV to go bankrupt and reorganized still failed to achieve a return to light after the recovery of the car market in the second half of last year. Recently, as one of the car companies named by CCTV, Lifan announced its production and sales of KuaiBao in January, selling only one fuel vehicle.

  Lifan automobile 2021-02-22
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  Is there any chance of survival? The production and sales of Lifan car were all 0 in February.

  On the evening of March 12, Lifan released its February production and sales KuaiBao. KuaiBao showed that the production and sales of both traditional passenger cars and new energy vehicles were 0 in February this year, down 100% from January to February. The cumulative production and sales of traditional passenger cars from January to February were 143and 55 respectively, down 98.54% and 99.47% from the same period last year. The cumulative production and sales of new energy vehicles were 15, down 95.38% and 96.74% respectively from the same period last year. It is worth mentioning that in the context of the overall decline in automotive business, Lifan shares' old motorcycle business is particularly dazzling, with sales of 43569 motorcycles in February, up 1. 5% from a year earlier.

  Lifan automobile 2020-03-13
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  The reshuffle of the automobile industry intensified, and Lifan's sales fell 76% year-on-year to 22536 vehicles in 2019.

  On January 14, Lifan released the production and sales of KuaiBao in December 2019. Data show that the production and sales of Lifan traditional passenger cars in December 2019 were 333 and 402 respectively, down 93.01% and 88.88% from the same period last year. The production and sales of new energy vehicles were 173,192, respectively, down 88.25% and 88.43% from the same period last year. In 2019, the cumulative production and sales of Lifan vehicles were 18598 and 22536, down 78.62% and 75.52% respectively. The cumulative production and sales of new energy vehicles were 2888 and 3091, down 71.12% and 69% from the same period last year.

  Lifan 2020-01-15
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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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  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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  "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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  Sales plummeted! Lifan sold 73 traditional passenger cars in November, down 98.59% from a year earlier.

  On December 13, Lifan released its latest production and sales report. Data show that in November this year, the production and sales of Lifan's traditional passenger cars were 122 and 73 respectively, down 97.74% and 98.59% from the same period last year. The production and sales of new energy vehicles were 452 and 441 respectively, down 60.28% and 67.67% from the same period last year. From January to November, the cumulative production and sales of Lifan vehicles were 18265 and 22134, down 77.85% and 74.97% respectively. The cumulative production and sales of new energy vehicles were 2715 and 2899, down 68.17% and 65.78% from the same period last year. The motorcycle field.

  Lifan automobile 2019-12-14
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  A new round of car company reshuffle, Zhongtai, Haima, Lifan may be eliminated

  In the first half of 2019, the car market fell by more than 10%. If 2018 is the worst year for the car market in 30 years, then the first half of 2019 can also be called the worst half-year in the history of China's auto market. Because of the downturn in the car market, car companies such as Geely, Great Wall and Guangzhou Automobile have to lower their annual sales targets, while companies such as Zhongtai, Haima and Lifan have also reached the edge of the market and are about to face a reshuffle or even elimination. Zhongtai Automobile: Zhongtai Automobile is the only brand that can compete with BMW, and once achieved good sales results by drawing lessons from it and entering the public's line of sight. But with other independent brands.

  Seahorse Zhongtai Lifan 2019-08-03
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  Lifan car "resurrected", Wanda car collapsed!

  On January 31, shared car platform Panda issued a notice on the suspension of operation of Chongqing Panda car Rental Co., Ltd. According to the notice, due to operational reasons, Chongqing Panda car Leasing Co., Ltd. decided to suspend operations from February 1, 2021. Panda said that it has begun to assist users to refund illegal deposit and accident payment in an orderly manner. At the same time, for those users who still have a balance in the account, a corresponding refund mechanism has been launched. Data show that Chongqing Panda car Rental Co., Ltd. was established in May 2015, is a new energy timeshare rental car company of Lifan Group. 201...

  Lifan automobile 2021-02-02
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  Does Lifan want to produce models for Geely? Geely Group responded

  According to the Financial Associated Press, Lifan said at the second interim shareholders' meeting in 2020: "once the restructuring work is completed, we will first mass-produce the 80V'of the electric MPV' maple leaf of Geely Technology Group." On November 10, Lifan Automobile announced that on August 21, 2020, the Chongqing Fifth Central people's Court ruled on the reorganization of Lifan shares in accordance with the law, and made (2020) Chongqing 05 Breaking No. 193 "decision" on the same day, designating Lifan enterprise liquidation group as the manager of Lifan shares, responsible for carrying out the restructuring work. In this reorganization, the manager confirmed through open recruitment.

  Lifan car Geely car 2020-11-16
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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 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 repair of BMW was burned, and Lifan new energy burned the whole garage.

  A few months ago, a fire broke out at the Jingxian auto repair factory on Liangzhu Street in Hangzhou. Mr. Zhang's BMW 740 was damaged to varying degrees. Mr. Wu's BMW X5 was burned into scrap iron, and more seriously, dozens of cars in the garage were not spared. The fire department determined that the cause of the fire was caused by a battery failure of a Lifan new energy vehicle located on the ground floor. After the result came out, the person in charge of the auto repair factory and the relevant person in charge of Lifan all said that they were the victims, and the compensation issue of the car owners had not yet been resolved. Mr. Shen, the person in charge of the machine repair workshop, thought, "We should not be responsible. We parked upstairs for the night."

  BMW X5 2020-12-12
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  Lifan Motor announced a loss of nearly 100 million yuan in the first quarter.

  P.p1 p.p2 p.p3 p.p4 p.p5 p.p6 p.p7 p.p8 p.p9 span.s1 span.s2 span.s3 span.s4 span.s5 Lifan recently officially released its first-quarter 2019 results. The operating income of Lifan shares in the first quarter of this year was about 2.247 billion yuan, down 31.07% from the same period last year; the net profit attributed to shareholders of listed companies was about-97.2048 million yuan, down 257.56% from the same period last year. In addition, Lifan Group also released the 2018 financial report, financial report.

  Car release 2019-05-03