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Zhongtai Motors announced on March 17 that the board of directors recently received a written resignation report submitted by Mr. Deng Xiaoming, vice president of the company. Mr. Deng Xiaoming resigned as vice president of the company for personal reasons. After resigning as vice president of the company, Mr. Deng Xiaoming will no longer hold any other positions in the company. In addition, Zhongtai Automobile also issued a notice on the same day that in order to ensure the normal turnover of working capital of Hunan Jiangnan Automobile Manufacturing Co., Ltd., a wholly-owned third-tier subsidiary of Zhongtai Automobile, and to ensure the completion of the production and marketing of various models, Zhongtai Automobile will provide joint credit for Jiangnan Automobile to apply for 550 million yuan of credit to Xiangtan Branch of Huarong Xiangjiang Bank Co., Ltd.
On the evening of November 8, Zhongtai Motors announced that Zhongtai Motor had received a letter from the controlling shareholder Tieniu Group that the shares of the company held by Tieniu Group had been judicially frozen. According to the contents of the announcement, due to contract disputes, Tieniu Group's shares held by the company were judicially frozen, and the frozen state was preserved by litigation, with a total of 487 million shares frozen for a period of three years. It is worth noting that of the above-mentioned frozen shares, 417 million shares are waiting for the freeze, and the judicial freeze is carried out by the Yongkang City people's Court. As of the date of announcement, Tieniu Group held a total of 786 million shares, accounting for 38.78% of the company's total share capital.
Zhongtai Automobile enters the American market! Zhongtai's US subsidiary confirmed that its compact SUV T600 will be sold in the US market as the brand's first model. Zhongtai auto executives also revealed that the T600 will enter the US market as early as the end of 2020 at the earliest. News of Zhongtai's entry into the American market began to spread at the beginning of 2018, until February 7, 2018, when Zhongtai officially signed a strategic cooperation agreement with American car seller Ham, not only as Zhongtai's seller in the United States, but also put forward certification testing and improvement suggestions to Zhongtai to meet the requirements of US regulations.
The news that the former Volkswagen designer joined Zhongtai also caused a lot of controversy in the industry. Today, Zhongtai officially announced that "Martin Kropp, a former Volkswagen designer, joined Zhongtai Automobile." Zhongtai once became popular all over the country because of the fake "Porsche" SR9 model, which not only made headlines at home, but also caused a sensation abroad. Zhongtai automobile brand became famous, and even became synonymous with shanzhai of its own brand. as for the design department of Zhongtai, it was also jokingly called "ruler department" by netizens. After the sales volume suffered a sharp drop, Zhongtai learned that the shanzhai road was not sustainable, so it embarked on the road of rectifying its name and began to publicize the original design in a high profile. A lot of money.
Zhongtai Automobile announced that the board of directors decided to postpone the disclosure of the 2019 annual report to June 23. Zhongtai Motor also disclosed its main operating results in 2019, with operating income of 3.204 billion yuan in 2019, down 78.3% from 14.764 billion yuan in 2018, and net profit of-9.294 billion yuan, down 1261.96% from 800 million yuan in the same period in 2018. In view of the reasons for the sharp decline in operating income and net profit, Zhongtai Motors has said that mainly affected by the macroeconomic situation, the overall prosperity of the automobile industry is not high, car sales fell sharply, did not meet expectations.
On the evening of December 9, Zhongtai Automobile issued a notice on the acceptance and reorganization of a wholly-owned secondary subsidiary by the court, which said that Zhongtai Automobile Co., Ltd. (hereinafter referred to as "Zhongtai Automobile") recently received a "Civil order" issued by Zhejiang Yongkang people's Court (hereinafter referred to as "Yongkang Court"). Learned that Yongkang Court ruled to accept the reorganization of Zhejiang Zhongtai Automobile Manufacturing Co., Ltd. (hereinafter referred to as "Zhongtai Manufacturing"), a wholly-owned second-class subsidiary of the company. According to the announcement, Jinfeng Technology (Shenzhen) Co., Ltd. applied to Yongkang Court for manufacturing of Zhongtai on the grounds that Zhongtai Manufacturing could not pay off its maturing debts and its assets were insufficient to pay off all its debts.
Today, the auto industry concerned learned from the Ministry of Industry and Information Technology that the Zhongtai T300 has completed its declaration in the Ministry of Industry and Information Technology, which means that Zhongtai Automobile will resume production and sales. It should be noted that the Zhongtai T300 is not a brand new model. The new car was launched on August 22, 2017, and then suspended with the collapse of Zhongtai Motors.
Recently, according to media reports, Zhongtai T300L has passed the national six b emission certification, which can meet the listing needs of various cities in China, which also means that Zhongtai will officially return and will resume sales in the domestic market. It is understood that the Zhongtai T300L is positioned as a new small SUV model, which was launched in December last year. New car
On May 12, * ST Zhongtai announced that the company received a letter from Shanghai Zhiyang Investment Co., Ltd. (hereinafter referred to as "Shanghai Zhiyang") transferred by the company's pre-restructuring manager on May 12, 2021, its Shanghai Zhiyang decided to suspend its investment in the company because of recent changes in the share price of Zhongtai Motors, which seriously deviated from its fundamentals, and decided to suspend investment because of investment prudence. Today, Zhongtai Motor opened by the daily limit, down 4.99% to close at 5.52 yuan, with a total market capitalization of 11.19 billion yuan. According to Zhongtai Automobile announcement, as early as October 2020, Shanghai Zhiyang and Zhongzhong.
On July 7, a document about Tieniu Group entering bankruptcy liquidation was circulated online and was signed by the Human Resources and Social Security Bureau of Lin'an District, Hangzhou. The contents of the document show that because the headquarters of Tieniu Group has confirmed that it has entered the bankruptcy liquidation procedure, Zhongtai Automobile and the Group headquarters have not paid their employees' wages for seven consecutive months. In order to protect the legitimate rights and interests of the temporary staff of Zhejiang Zhongtai Automobile sales Co., Ltd., the salary settlement list of employees by the end of June 2020 is now publicized. But just a day later, events reversed. July 8, Hangzhou Lin'an District Human Resources and Social Security Bureau again issued a notice that 20.
Zhongtai Motors, an independent company, is in deep trouble, and this huge automobile group with many sub-brands is "shaky". After the chairman Jin Zheyong was restricted from high consumption due to collective salary demands from employees, a notice that all employees had a holiday until the end of June next year, let Zhongtai Motors get involved in the whirlpool of public opinion. On June 3, the media learned from insiders that Zhongtai Hunan Base issued a "notice on the company's employees' extended holiday" on May 29, saying that due to the downward pressure of the automobile industry and the serious impact of the epidemic, the holiday time of all the working staff of the base was postponed to June 30, 2021. It means that Zhongtai Hunan base will continue to stop production. This holiday.
Speaking of Zhongtai Motors, we must be no stranger. Zhongtai Motors, which is famous for its copycat, is not only good at imitating, but also gets rich by imitating the family. When Zhongtai Automobile just started, many consumers felt relatively novel. At the beginning, it was also famous for imitating Porsche, when Zhongtai's sales were no less than those of Geely, Great Wall and Chery today, but now they are very different, and their sales have been getting worse and worse in recent years. Recently, Zhongtai Automobile also exposed that more than 100 Junma dealers gathered in Zhongtai Automobile headquarters in Yongkang, Zhejiang Province to protect their rights due to the stagnation of the factory and the cut-off of spare parts. According to relevant sources.
Under the influence of multiple scandals such as bankruptcy and litigation at the end of last year, has caused the company to estimate a goodwill impairment of about 6 billion yuan in 2019. To this end, the Shenzhen Stock Exchange issued a letter of concern to Zhongtai Automobile, which needs to be supplemented by the specific changes in the company's current operating results and signs of impairment of goodwill.
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. ...
On April 22, netizens exposed on Weibo that Zhongtai New Energy Automobile Co., Ltd. was in arrears in wages and 78 employees were defending their rights at the Comprehensive Social Security Management Service Center of Qiantang New District in Hangzhou. On April 29, Tencent Automobile reported that in response to this protection of rights, the Hangzhou Qiantang New District Labor and personnel dispute Arbitration Commission and relevant local departments have opened a green channel for the arbitration of collective arrears of wages of Zhongtai Motors, and hired a number of lawyers to provide legal aid for 100 employees, some of which have entered the filing process. The collective protection of Zhongtai New Energy Automobile employees in Hangzhou Qiantang New District Social Security Integrated Management Service Center is also a helpless move.
The independent car company Zhongtai Motors, which is absent from the Beijing Auto Show, has attracted the attention of consumers. The funding problem led to the suspension of work and production, and the creditors applied to the court for pre-restructuring because they were unable to pay off their maturing debts. Zhongtai Motor has not yet come out of its financial predicament. Recently, Zhongtai Automobile issued an announcement, openly recruiting investors and planning to introduce strategic investors to restructure its business. Zhongtai Automobile notice shows that Zhejiang Yongkang people's Court has accepted the registration creditor's application for pre-restructuring of Zhongtai Automobile Co., Ltd. (Zhongtai Automobile), and selected Zhejiang Jingheng Law firm as the pre-restructuring manager; Zhongtai Automobile said that in order to smoothly promote the pre-restructuring of Zhongtai Automobile.
Since October this year, four independent car companies, including Zhongtai Motors, have been exposed that they will enter bankruptcy proceedings because of bad debts involving upstream and downstream auto parts suppliers totaling about 50 billion yuan. although various car companies have refuted the rumors, the situation has not improved. According to the Financial Associated Press, the factory is still in a state of suspension.
On August 19th, ST Zhongtai announced that it signed a cooperation agreement with the people's Government of Bishan District, Chongqing, and the two sides will build a deep cooperative relationship in the field of intelligent network connection new energy vehicle project development and construction. According to the agreement, ST Zhongtai will set up an intelligent network joint new energy vehicle R & D and production base in Bishan.
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 announced that it recently received a letter from its controlling shareholder, Tieniu Group Co., Ltd., that part of the shares held by Tieniu Group and its concerted actor Huangshan Golden Horse Group Co., Ltd. had been judicially frozen, with a total of 365 million shares frozen. Specifically, nearly 250 million shares of Tieniu Group were judicially frozen by Beijing second Intermediate people's Court, Shenzhen Intermediate people's Court of Guangdong Province and Shanghai Pudong New area people's Court due to contract disputes, accounting for 31.83% of the shares. 106 million shares held by Jinma Group were also frozen and frozen by the Shenzhen Intermediate people's Court of Guangdong Province because of contract disputes.
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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