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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.
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.
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.
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.
Now Lifan is heavily in debt and is in a business crisis, and Lifan companies have been applied to the court by creditors to enter the bankruptcy restructuring process. The huge debt has made it difficult for the former independent car giant. It is reported that after the court accepted the bankruptcy reorganization case of Lifan enterprises, its assets also officially began bankruptcy auctions. Recently, 44 imported Mercedes-Benz cars from Lifan subsidiary appeared on JD.com 's auction platform, but because there was no buyer's bid, Lifan has cut nearly 3 million yuan for a second auction. I learned from JD.com 's auction platform that Chongqing Lifan Industrial (Group) Import and Export Co., Ltd. disposed of 44 parallel imported Mercedes-Benz cars.
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.
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.
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...
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
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.
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.
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.
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.
According to the website of the Central Commission for discipline Inspection and the State Supervisory Commission on 4 April, Yin Jiaxu, former secretary of the party group and chairman of the China Arms Industry Group Co., Ltd., is suspected of serious violations of discipline and the law, and is currently under disciplinary examination and supervision investigation by the State Supervisory Commission of the Central Commission for discipline Inspection. According to the data, Yin Jiaxu was born in April 1956 and went to work in December 1976. In August 1996, Yin Jiaxu served as executive deputy general manager of Changan Automobile (Group) Company in the capacity of deputy director of the Southwest military Industry Bureau; in November 1998, Yin Jiaxu was promoted to vice chairman, general manager, and deputy secretary of the party committee of Changan Automobile (Group) Company. In February 2000, Yin Jiaxu except.
It is very annoying that a new car breaks down soon after it is bought. Recently, some car owners reported to the media that they spent 340000 on a new car, the Land Rover hybrid off-road vehicle. As a result, the new car broke down frequently after driving for two months, which made the car owners very distressed. According to the 1818 Golden Eye report, the owner Ms. Yin bought a Land Rover off-road vehicle at the Jaguar Land Rover 4S store in Hangzhou Lutheran in July last year. The landing price of the vehicle is 340000. Ms. Yin said that the car had been on fault since September last year, that is to say, there was something wrong with the car only two months after buying it. Ms. Yin said the car was driving.
On November 30, according to the official account of the Supreme people's Procuratorate, the case of Yin Jiaxu, former party group secretary and chairman of China Arms Industry Group Co., Ltd., suspected of accepting bribes and illegally making profits for relatives and friends was investigated and concluded by the State Supervisory Committee. designated by the Supreme people's Procuratorate, it will be examined and prosecuted by the second Branch of the Shanghai Municipal people's Procuratorate. Recently, the second Branch of the Shanghai people's Procuratorate has filed a public prosecution with the Shanghai second Intermediate people's Court. On October 25 this year, the official website of the Supreme people's Procuratorate of the people's Republic of China revealed that Yin Jiaxu, former party secretary and chairman of China Arms Industry Group Co., Ltd., was suspected of taking bribes.
At the National two sessions, which opened today, Yin Tongyue, chairman of Chery, a deputy to the National people's Congress, proposed to raise the development of hydrogen energy to the national strategy. At this conference, Yin Tongyue submitted to the conference the proposal of "unified planning for upgrading the hydrogen energy industry to the national energy strategic level." representatives put forward a total of seven motions around the development of hydrogen fuel industry, brand building, and enterprise innovation subject construction, hoping to speed up the development of China's hydrogen fuel automobile industry. Yin Tongyue hopes that the country will make overall planning and upgrade hydrogen energy to the level of national development strategy. The state plans to upgrade hydrogen energy from a national development focus to a national development war.
The owner of the car took a picture without looking at the car, and later found that the gap between the car and the imagination was too big to want.
A few days ago, some media took pictures of the real car of the Xingtuxing era ES. It is understood that the star era ES positioning pure electric medium-sized sedan, which is also the first pure electric car under the Xingtu brand, will be launched in November and will compete with BYD Han EV, Zero C01, Nezha S and other similar models. The new car is based on E
According to Tianyan check information, Chery New Energy Automobile Co., Ltd. has undergone industrial and commercial changes, and its registered capital has increased from 900 million yuan to about 1.03 billion yuan. At the same time, Yin Tongyue, chairman of Chery Automobile, stepped down as the legal representative and chairman of the company, Bao Siyu took over as chairman, and Zhang Hongyu served as the legal representative and general economy.
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
Name it "Geely Cowboy"! Geely's new SUV exposed
Only one car company declined! September sales list of new energy manufacturers announced
Gekrypton Automobile denies that it is related to "illegal surveying and mapping by an overseas company"!
The fourth generation of Loulan released! It is expected to introduce domestic products
Toyota, Honda and Nissan "alliance group"
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