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On the morning of September 28, three Evergrande companies, China Evergrande, Evergrande Automobile and Evergrande property, issued an announcement that trading of the company's shares was temporarily suspended at 9: 00 a. M. According to the data, "trading halt" means that the issuer's securities trading is interrupted by no more than two times as required or ordered.
The giant group, once hailed as "China's largest car dealer", has released a series of warnings to the outside world that its shares may be terminated. From May 11 to May 13, the giant group issued a number of risk warning announcements that the listing of shares may be terminated.
At 10:00 on the 3rd of October, Evergrande Motor announced on the HKEx that, at the request of the Company, trading in the company's shares was temporarily suspended on the HKEx from 09:00 on 28 September 2023, pending the publication of an announcement of inside information by the company. On September 28, China Evergrande issued a notice on the Hong Kong Stock Exchange
A year and a half later, brilliance China finally resumed trading. However, under the influence of adverse factors such as the bankruptcy of the parent company, brilliance's share price fell more than 70% after the resumption of trading in China. As of the close of the day, brilliance China fell 63.01% to HK $2.70, with a total market capitalization of HK $13.622 billion. Actually
China's car sales continue to decline, affected by the market environment, joint venture brands and independent brands are also under great pressure. China's new car sales were dismal in the first half of the year, down 12.4% from the same period last year, and passenger car sales fell 14% from the same period last year. However, according to the China Automobile Circulation Association, the used car market is still growing, although the growth rate has slowed due to the influence of the new car market. In June 2019, a total of 1.2444 million second-hand cars were traded in 1068 second-hand car markets in 31 provinces, an increase of 7.18% from the previous month and 17.76% from the same period last year.
After 323 days of suspension, Evergrande finally announced the resumption of trading, becoming the first "Evergrande" company to resume trading, and it "lived up to expectations", as the market expected, its share price plummeted on the first day, closing down 61.25% to close at HK $1.24 per share, with a total market capitalization of only HK $13.44 billion.
Leeco, founded by Jia Yueting, has recently pulled 15 trading limits and its share price has nearly doubled. Although Jia Yueting is no longer the legal representative of Leeco, some outsiders believe that this is thanks to the future of Jia Yueting and the car company Faraday he founded.
Affected by the epidemic, the second-hand car market is also struggling. According to data from the China Automobile Circulation Association, the trading volume of the national used car market in February was 71100, down 92.78% from the previous month, and down 91.19% from January to February last year. The total number of used cars completed nationwide from January to February was 1.0559 million, down 47.34% from the same period last year. In addition, according to incomplete statistics, 906 of the 1271 used car markets were back to work as of March 9, accounting for 71.28% of the total number of data provided. There are 365 unused markets, accounting for 28.72% of the total number of data provided. China Automobile Circulation Association.
Ms. Li from Suzhou, Jiangsu Province spent 466000 yuan on an imported BMW SUV from an auto trading company. By chance, she found that the car turned out to be a used car. Ms. Li took the car dealer to court. In the end, the court ordered the automobile trading company involved to pay compensation of 1.398 million yuan. In June 2016, Ms. Li picked up an imported BMW X4 SUV at an automobile trading company in Suzhou, with a total price of 466000 yuan including tax. At the same time, the seller issued a sales invoice, the sales unit on the invoice is a Changchun automobile sales service company, and affixed with the special seal of the company invoice. 2017.
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.
On July 8, the first order for the export of used cars across the country has been signed and paid for. Youxin second-hand car announced that it has completed the signing and payment of the contract a few days ago, and is preparing the final export related formalities in Xi'an International Port District, which will then be sent to Warsaw, Poland. This is the first second-hand car export business in the country after the Ministry of Commerce, the Ministry of Public Security and the General Administration of Customs jointly issued the Circular on supporting the Export of used cars in areas with mature conditions in April 2019, clarifying the relevant requirements and tasks for the export of used cars. Youxin said that after confirming the purchase intention with overseas buyers, the purchase was successfully completed at the first time.
Through understanding, brilliance has set up an international trading company and is seeking to diversify its business to alleviate the malaise brought about by sales. Through Qixinbao inquiry, it was found that brilliance Automobile Group registered 50 million yuan on July 31 to establish brilliance International Trading Co., Ltd., its main business includes automobiles, used cars, auto parts, auto supplies, goods or technology import and export, and so on. It is worth noting that food sales business is also within its business scope, and the legal representative is Zhang Wei. This is after Yan Bingzhe succeeded Qi Yumin in charge of brilliance in April this year, and Gao Weimin served as chief technical engineer of brilliance in August.
As a result of the court ruling to accept the restructuring, Giant Group shares were suspended for one day on September 6, September 9 was implemented delisting risk warning, the stock "wearing a hat" changed to * ST huge. On the first day of the resumption of trading, * ST opened a huge market, with 2.7 million running singles, which was hit into an one-word limit. As of press time, the stock fell 4.62%, 1.24 yuan per share, 4.686 million running orders, and the latest market capitalization was 8.28 billion yuan. According to previous reports, the giant group borrowed 17 million yuan from Beijing Jidongfeng in May this year, but it was eventually appealed to the court by Beijing Jidongfeng to restructure the era because it was unable to repay it within the time limit. September fifth.
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.
Last night, social media issued strong news that many people, including Chen long, the former chief strategist of Zhongtai Securities Research Institute, were arrested, including public fund managers and relevant core employees of a large state-owned company in joint hype. Suspected of manipulating securities and insider trading, and the listed company involved in the news is a well-off stock that cooperates with Huawei to build cars.
Today, the State Administration of Market Supervision and Administration issued a BMW recall announcement. Brilliance BMW Automobile Co., Ltd. and BMW (China) Automobile Trading Co., Ltd. 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, filed the recall plan with the State Administration of Market Supervision and Administration, and decided to recall a total of 72847 vehicles from now on. Recall models: brilliance BMW Co., Ltd. decided to recall some of the brilliance BMW 318i, 320i and 325i vehicles produced between March 18, 2010 and February 24, 2012.
According to Tianyan check, Baiteng Motor, one of the new car building forces, has become a partner with Japan's Marubeni Co., Ltd., Marubeni Co., Ltd. is expected to invest millions of US dollars in Baiteng. If the cooperation goes well, Marubeni Co., Ltd. will consider further investment. It is understood that since its establishment in 2017, Baiteng Motor has carried out four rounds of financing, with a total amount of more than 1.2 billion US dollars, including FAW Group, Foxconn, Ningde Times and so on. Baiteng CEO Dai Lei said during the Guangzhou auto show that the $500m C-round financing is nearing completion and has now met the demand for mass production. After the completion of round C financing, Baiteng Motor will immediately.
On March 10, Ulai was officially listed for trading on the Hong Kong Stock Exchange under the symbol "9866" with an opening price of HK $160. at one point, it hit a high of HK $169.5 per share, with a market capitalization of more than HK $280 billion at one time. As of today's close, Hong Kong shares fell 0.69 per cent to HK $158.9 per share, with a total market capitalization of HK $265.2 billion, ranking second among domestic car companies after BYD. According to previous reports, Lailai issued a notice on February 28 to announce that it had been heard by the HKEx and approved in principle the secondary listing on the main board of the HKEx, and the relevant listing documents had been issued. Wei came to adopt.
By the close of trading on the 25th, China Evergrande fell 9.46% to HK $13.78, and Evergrande Motor fell 12.76% to HK $16.82. Yesterday, a document circulated on the Internet, China Evergrande issued an urgent solemn statement to refute the rumors: "recently, rumors about the restructuring of our company have spread on the Internet, and the relevant documents and screenshots are fabricated and purely defamatory. Cause serious damage to the company's goodwill. The company strongly condemns that it has reported the case to the public security organs and resolutely used legal weapons to safeguard the company's legitimate rights and interests. "although Evergrande Group issued an emergency statement to refute the rumor, it opened low and left high in early trading, with a maximum increase of more than 6%.
On June 21, * ST announced that it had received a "decision on the termination of the listing of the shares of Giant Automobile Trade Group Co., Ltd." issued by the Shanghai Stock Exchange. The Shanghai Stock Exchange will delist the company's shares on June 30th, and the company's shares will be terminated and will not enter the delisting period of trading. Suspension of trading
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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