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  Zhongtai car sales halved, and net profit in the third quarter fell sharply by 524.50% compared with the same period last year.

  On October 28, Zhongtai officially released its third-quarter results, which showed that its operating income in the third quarter of this year was 3.609 billion yuan, down 88.41% from the same period last year, and the net profit of shareholders belonging to listed companies was 470 million yuan, down 524.50% from the same period last year. The company's operating income in the first three quarters was 5.401 billion yuan, down 59.59% from the same period last year, and the net profit attributed to shareholders of listed companies was 759 million yuan, down 283.02% from the same period last year. Recently, Junma, a subsidiary of Zhongtai Motor, encountered more than a hundred dealers to protect its rights, due to the supply of gearbox and spare parts.

  Zhongtai Automobile third quarter results 2019-10-28
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  Zhongtai posted a net loss of 1 billion yuan in the first three quarters, and its shares soared 500%.

  Recently, Zhongtai Motors disclosed its third-quarter results show that operating income in the first three quarters of 2021 was 610 million yuan, down 37.65 percent from the same period last year; net loss was 990 million, up 36.65 percent over the same period last year; operating income in the third quarter of 2021 was 230 million yuan, up 7.64 percent from the same period last year; and a net loss of 240 million yuan was realized, up 55.08 percent over the same period last year. It is understood that in the third quarter, the owner's equity of Zhongtai Automobile belonging to the shareholders of listed companies is-5.413 billion yuan, that is, it is insolvent. It is worth noting that although Zhongtai is in crisis, its performance in the capital market is extremely strong.

  Zhongtai Automobile 2021-10-31
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  Come back strong! A car company has lost 447 million yuan this year.

  Recently, Zhongtai Motor released its third quarter results of this year. According to the data, Zhongtai Motor's operating income in the third quarter was 161 million yuan, down 14.46% from the same period last year. In the first three quarters of this year, Zhongtai Motor's cumulative revenue was 532 million yuan, an increase of 9.45% over the same period last year, with a net profit loss of 1.6% in the third quarter.

  Cars markets cash sales companies overseas editions cash flow models investments activities losses net official year ago data 2023-10-31
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  Zhongtai Motor lost 760 million yuan in the first three quarters, down 283% from the same period last year.

  In the face of the continuous downturn of the domestic automobile market, marginal car companies are facing the risk of being reshuffled by the industry. On the evening of October 28th, Zhongtai Automobile released its results for the third quarter of 2019. In the first three quarters, the company achieved an operating income of 5.401 billion yuan and a loss of 760 million yuan, including a loss of 470 million yuan in the third quarter. Behind the operating loss is a sharp decline in Zhongtai's auto business. According to the latest sales report, Zhongtai Motor sold 9085 units in September, down 27% from January to September with a total of 99600 units, down 45.97% from a year earlier. Zhongtai Automobile is facing the double of sales volume and performance.

  Zhongtai Automobile lost 760 million yuan in the third quarter. 2019-10-28
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  Zhongtai Motor lost 1.56 billion yuan in the first three quarters.

  The operation of Zhongtai Motor, which is in financial difficulties and is caught in a continuous suspension of production, has also attracted attention from the outside world. A few days ago, Zhongtai Motor released the third quarter results report, continue to operate at a loss, it is worth noting that the directors once again said that there is no guarantee of the authenticity of the performance. According to the financial report, Zhongtai Motor's operating income in the third quarter was 210 million yuan, down-26.79% from the same period last year; the net profit belonging to shareholders of listed companies was a loss of 530 million yuan, down-12.52% from the same period last year. In the first three quarters of 2020, Zhongtai Motor achieved operating income of 981 million yuan, down 72.68% from the same period last year; the net profit belonging to shareholders of listed companies is.

  Zhongtai Automobile 2020-10-31
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  Listed car companies reported third-quarter results, only one company achieved net profit growth.

  Recently, domestic car companies have released third-quarter results one after another, from the results released by 12 listed car companies, the profit performance is not optimistic. Of the 12 listed car companies, six saw a decline in profits in the third quarter, five reported a net profit loss, and only one achieved net profit growth. However, in the first three quarters, the performance of listed car companies is still relatively optimistic, except for BYD, Changan Automobile, well-off shares, Zhongtai decline, the rest have achieved growth. In the third quarter, the sales volume of major car companies did not increase significantly, or even declined, mainly because of the lack of chip supply.

  SAIC Group 2021-11-07
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  According to the performance forecast of four autonomous car enterprises, Changan Automobile has a profit of more than 3.2 billion yuan.

  Mid-October has passed, a number of domestic car companies have released the latest performance forecasts for the first quarter, with the introduction and landing of the government and the rapid recovery of the domestic macro-economy, a number of head car companies showed varying degrees of profit growth in the third quarter, but it is still difficult for marginal car companies to recover the declining situation. The net profit of Changan and BYD both soared, and the profit of the main business was weak. On October 15, Changan Automobile issued a forecast for its third performance, showing a profit of 5.98-1.198 billion yuan in the third quarter of 2020, an increase of 241.84% and 384.2% over the same period last year.

  Seahorse Zhongtai Changan BYD 2020-10-16
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  "high-end luxury cars" should be cool! Zhongtai Automobile wears a hat after a huge loss of 11.2 billion yuan.

  On the evening of June 22, Zhongtai Motor disclosed its 2019 annual report showing that the company's revenue in 2019 was 2.986 billion yuan, down 79.78 percent from the same period last year, and its annual loss was 11.19 billion yuan, down 1498.98 percent from the same period last year. For the company's huge losses, Zhongtai Motors gave an explanation as follows: first, under the influence of the macroeconomic situation, the overall prosperity of the automobile industry is not high, the competition in the industry is becoming increasingly fierce, and the company's liquidity shortage and other factors have led to a sharp decline in the company's vehicle sales, falling short of expectations. Due to the sharp decline in sales, the company's operating income has dropped sharply, and operating costs have risen relatively, resulting in large operating losses. ...

  Zhongtai Automobile 2020-06-23
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  The car company owed wages for as long as four months, and dozens of employees gathered to defend their rights and ask for wages.

  According to media reports, Tengjun Motor in Guigang, Guangxi broke out in arrears to protect its rights. From the relevant pictures exposed, dozens of employees gathered at the gate of Tengjun car in Guigang, holding up banners to ask for salary, with the words "Guigang Tengjun car, return my hard-earned money" written on the white banner. It is reported that Tengjun Motor in Guigang, Guangxi, currently owes wages for as long as four months, and wages are not paid from July to October. Is it a stranger to this car company? In fact, Guangxi Guigang Tengjun Automobile is Zhongtai Automobile Factory. Data show that in December 2106 settled in Guigang, the project with a total investment of 6.2 billion yuan, including research and development, production.

  Zhongtai Automobile 2020-11-21
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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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  Another domestic car company was filed for bankruptcy reorganization, and the production of Otto was all the rage for a time.

  According to Tianyan investigation information, Hunan Jiangnan Automobile Manufacturing Co., Ltd. added bankruptcy reorganization, the case number is (2021) Xiang 01 break No. 11, the applicant is Jiangnan Automobile, and the applicant is Weibast Roof heating system (Shanghai) Co., Ltd. the public date is November 4, 2021. According to the data, Hunan Jiangnan Automobile Manufacturing Co., Ltd. is a professional car manufacturing enterprise established after the joint-stock transformation of the automobile industry of Jiangnan Machinery (Group) Co., Ltd., a famous large-scale military enterprise in Hunan under the China Arms Industry Corporation. It is one of the four designated production enterprises of Otto. In 2003, Jiangnan Automobile was launched.

  Zhongtai Automobile 2021-11-05
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  Summary of the results of domestic car companies in the third quarter, BYD Changan made a profit of more than 3 billion yuan.

  Affected by the COVID-19 epidemic, the performance of domestic automobile enterprises declined almost synchronously in the first half of this year, and loss-making operation has also become a common phenomenon. In the second half of the year, a number of car companies are committed to sales growth, launching more new cars to occupy the market, and performance has also recovered to varying degrees. In the performance statistics of a number of domestic auto companies in the first three quarters of 2020, the top five are SAIC, BYD, Great Wall Automobile, GAC GROUP and Changan Automobile, among which BYD and Changan both achieved simultaneous growth in revenue and net profit. SAIC Group: net profit fell nearly 20% according to SAIC's performance report, SAIC in the first three quarters.

  SAIC Volkswagen SAIC 2020-10-31
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  Zhongtai came back to life with a net loss of 400 million yuan in the first three quarters.

  On October 31st, ST Zhongtai released the latest financial report, showing that the total revenue in the first three quarters was 486 million yuan, down 20.59% from the same period last year; the net profit belonging to shareholders of listed companies was-417 million yuan, up 57.88% from the same period last year; net profit after deducting non-recurring profits and losses belonging to shareholders of listed companies

  Automobiles companies sales products models limited limited Jiangsu subsidiaries shareholders listed companies announcements markets aspects shares 2022-11-01
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  A mountain of debt! Zhongtai Automobile was again accused of defaulting on a debt of 616 million yuan.

  On the evening of November 27th, Zhongtai Automobile issued the latest announcement that its wholly-owned subsidiary Hangzhou Energy Saving Power Co., Ltd. owed a total of 616 million yuan in arrears and overdue liquidated damages to Shenzhen Bic Battery Co., Ltd., and requested that Zhongtai New Energy Automobile Co., Ltd., Yongkang Zhongtai Automobile Co., Ltd., Zhongtai Automobile and Jin Zheyong be jointly and severally liable for the above debts. The case was accepted by the people's Government of Jinkang City. The trial has not yet been held. Zhongtai Automobile said in the announcement that because the above litigation case has not yet formed a final judgment, it is not possible to judge the impact of the lawsuit on the company's current or post-term profits. The company will follow the law.

  Zhongtai Automobile 2019-11-28
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  Finally, I can't hold on! The parent company of Zhongtai Automobile officially went bankrupt

  Finally, the Iron Niu Group could not bear it! On December 24th, * ST Zhongtai announced that the company recently received a "civil order" issued by the Yongkang Court that its parent company (the real controller) Tieniu Group was seriously insolvent and unable to continue to operate, so it lacked the possibility of rescue. The court ruled according to law as follows: (1) to terminate the reorganization procedure of Tieniu Group Co., Ltd.; (2) to declare the bankruptcy of Tieniu Group Co., Ltd. However, * ST Zhongtai said in the announcement that the company and Tieniu Group remain independent in terms of assets, business, finance, etc., and the company's main business is currently in a state of suspension of production.

  Zhongtai Automobile Iron Niu Group 2020-12-24
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  Under the cold winter! 80% of the auto companies' profits declined in the first three quarters, and the differentiation of independent brands accelerated.

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  80% of auto companies' profits fell in the first three quarters. 2019-10-31
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  Zhongtai Automobile: it doesn't matter if the business crisis is at the top, it's important to pay close attention to enterprise cooperation.

  Today, media reported that Zhongtai Automobile and the French liquid-Air Technology Innovation Center formally signed a cooperation agreement, the two sides will jointly develop metal bipolar plate fuel cell stack, and applied to Zhongtai Automobile. It is understood that as early as the beginning of 2016, Zhongtai Automobile has begun to layout hydrogen fuel cell passenger vehicles, and hydrogen fuel as the development direction of new energy vehicles. The Zhongtai E200 FCV was officially unveiled at the Shanghai Auto Show in April this year. The new car has been renovated and is expected to go on sale next year. Zhongtai Automobile said that combined with the mass production planning of fuel cell vehicles, according to the sales volume of 10,000 units, the sales revenue can be achieved 22.

  Zhongtai Automobile 2019-11-11
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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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  List of the bottom 40 automakers, many have stopped production with zero sales.

  After two consecutive years of decline, China's automobile market suffered an epidemic attack in 2020, which made the originally difficult car manufacturers face the risk of shutting down and closing down. In the environment of stock competition, the survival of automobile enterprises has once again attracted attention. It can be expected that the car companies with the lowest sales are already under tremendous market pressure, leaving them little time, and may also be included in the list of the first batch of car companies to collapse in the future. At the end of the first half of 2020, the sales ranking of domestic car companies has also been officially confirmed. Statistics show that 87% of car companies experienced a decline in sales in the first half of the year, only a few achieved counterattack and achieved sales growth, and the industry environment changed.

  Car companies car sales 2020-07-14
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  The automobile industry is bleak, with national statistics that profits of the automobile industry fell by 16.6% from January to September.

  On October 27th, the National Bureau of Statistics released the profit report of industrial enterprises above the national scale for the period from January to September. Among the 41 major industrial industries, the total profits of 30 industries increased compared with the same period last year, while 11 industries decreased. Among them, the profits of the automobile industry declined, with a total profit of 373.46 billion yuan from January to September, down 16.6% from the same period last year. In 2019, the automobile industry is affected by many factors, such as the macro-economic slowdown, the automobile market tends to be saturated, and the sixth-grade emissions are implemented in advance, resulting in a continuous decline in car sales, a decline in the efficiency of automobile enterprises, and the automobile industry has entered a cold winter. According to the statistics of China Automobile Association, China's automobile production and sales have been 15 in a row.

  Automobile manufacturing industry 2019-10-27