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  The "ancestor" of shanzhai, which lost performance and halved sales, is now reduced to no car to sell!

  Zhongtai Automobile disclosed a semi-annual performance forecast, the company expects a loss of about 270 million yuan to 320 million yuan in the first half of the year, the company's net profit for the same period last year was 305 million yuan. Affected by the macroeconomic situation, the overall prosperity of the automotive industry is not high, and the company's car sales have declined, resulting in a significant decline in the company's semi-annual performance compared with the same period last year. Not only has it lost money, but Zhongtai's sales have also halved. Zhongtai's cumulative sales from January to July this year reached 82000, down 48.4 percent from 159000 in the same period in 2018. In fact, since 2016, Zhongtai car sales began to decline, the main reason is also.

  Performance sales loss 2019-08-19
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  Zhongtai Motor was sued by the supplier again because of the debt of 600 million.

  With the official statement, Zhongtai Automobile and other four auto companies "bankruptcy door" incident has been temporarily quelled, Zhongtai said the content of the online news is completely false. However, a lawsuit from the supplier plunged Zhongtai, a 20-year-old independent car company, into a "debt door", and the problem of capital chain was still simmering. Shenzhen Bic Power Battery Co., Ltd. sued Zhongtai Motors for 600 million yuan. On October 14, Bick Battery issued a notice to disclose the details of the case. The company's lawsuit against Zhongtai four companies was filed in Hangzhou Intermediate people's Court on August 5. The case was withdrawn after the two sides reached a settlement agreement, but Zhongtai failed to comply with the agreement and has now filed another lawsuit.

  Zhongtai lost money and Zhongtai was sued. 2019-10-16
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  Zhongtai Automobile lost 9.294 billion yuan in 2019, and how to survive this year has become the biggest problem.

  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.

  Zhongtai Automobile 2020-04-25
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  Five domestic car companies still lost money after a "bumper harvest" in the first half of the year.

  According to the interim performance summary statistics of a number of listed car companies, revenue and profit rose sharply compared with the same period last year, of which SAIC made a net profit of 13.314 billion yuan. Listed car companies were able to hand over gratifying transcripts, the biggest reason is that the impact of last year's epidemic led to a low base, according to the Federation of passengers retail sales data, narrow passenger car sales in the first half of 2021 accumulated 9.943 million units, an increase of 28.9% over the same period last year. According to the statistical summary of the mid-term results in 2021, the revenue and profits of Chinese auto companies generally increased, with SAIC, BYD and Dongfeng holding the top three in a row. SAIC is the largest auto company in China.

  SAIC Group 2021-09-04
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  Zhongtai is no longer a copycat, former Volkswagen designer Martin Kropp officially joined Zhongtai Motors.

  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.

  2019-03-29
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  The flow can not change the sales volume, and many car companies are absent from the Guangzhou Auto Show.

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  Guangzhou Auto Show 2019-11-22
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  Zhongtai: it is expected to evaporate 60-9 billion yuan in 2019, down 850% and 1225% compared with the same period last year.

  Zhongtai Motor announced on January 20 that it expects to lose 6 billion-9 billion yuan in 2019, down 85% from 800 million yuan in the same period last year. In view of the huge profit loss, Zhongtai Automobile said in the announcement that due to the influence of the macroeconomic situation, the overall prosperity of the automobile industry was not high, and the company's car sales dropped sharply, which did not meet expectations. According to the principle of prudence, it is expected that the provision for impairment of goodwill will be about 6 billion yuan. Due to the lack of technology and funds, some early-developed car companies will more or less learn from the mature designers of domestic and foreign car companies.

  Zhongtai Automobile 2020-01-20
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  It's hard to get out of this mess! After a huge loss of 760 million yuan, the shares of Zhongtai Automobile's major shareholders were judicially frozen.

  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.

  Zhongtai Automobile 2019-11-06
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  The veteran manufacturer Bick Battery was solicited by many companies just because Zhongtai was "ignited".

  Recently, Bick battery encountered a debt whirlpool, affecting the nerves of many listed companies. So far, four companies, including Rongbai Technology, Dangsheng Technology, Hangke Technology and New Zebang, have issued reminders about the risk of accounts receivable, involving about 731 million yuan. Bick Battery, founded in 2001, started with 3C batteries and was once a battery supplier to Hewlett-Packard, Dell and other notebook manufacturers. In 2008, Bick batteries began to enter the field of new energy vehicles. As an established lithium battery company, although it is not a listed company, it has a complete industrial chain in the A-share market. The upstream includes Science and Technology Innovation Board.

  Zhongtai Bick battery 2019-11-12
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  All the shares held by Tieniu Group have been frozen, and the overturning of Zhongtai Motor has brought down many companies.

  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.

  Iron Niu Group Zhongtai Motors 2019-11-09
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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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  Chinese car companies' first-quarter performance summary, the Great Wall, Taijiang, Huaihai, Ma Lifan fell into a loss.

  According to the results of a number of listed car companies in the first quarter of 2020, a huge decline in revenue and profit has been inevitable, of which Great Wall Motor lost 650 million yuan.

  Listed car company automobile industry 2020-04-30
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  The owners of two 4S stores closed down and took away millions, and blind expansion led to a break in the capital chain.

  The overall automobile market is depressed, competition intensifies, more and more car dealers have problems in the capital chain, the news of closing down shops or running away emerge one after another, and the operation of dealers has reached a difficult stage. This phenomenon will continue to intensify when the car market continues to be at a low ebb. Recently, a rights protection banner "Ji'an Xinqi GAC MOTOR, Zhongtai 4S store Chen Xiaoping black-hearted boss, cheated our dealer deposit and returned my hard-earned money" appeared in the above 4S store. Media reports, 4S store owner Chen Xiaoping left "debt-ridden, unable to repay" a few words lost contact, many secondary dealers suffered, the cumulative was rolled close.

  2019-08-24
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  It is exposed that four Chinese car companies have filed for bankruptcy, and the upstream and downstream supplier industry chain has 50 billion bad debts.

  Today, the net exposed an internal email from a joint-stock bank asking for an internal risk investigation on the upstream and downstream industrial chains of four car companies, as the media reported that Cheetah, Zhongtai, Huatai and Lifan would enter bankruptcy proceedings by the end of the year. The joint-stock bank made it clear in the notice that "according to media reports, Cheetah, Zhongtai, Huatai and Lifan will enter bankruptcy proceedings at the end of the year, and it is expected that the industrial chain of upstream and downstream auto parts suppliers will have a total of about 50 billion yuan of bad debts." Affected by this, the bank requires that the stock of customers involved in the above four car enterprises upstream and downstream industrial chain, should be a detailed understanding of their affected situation.

  Automobile company goes bankrupt 2019-10-09
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  Under the cold winter of the car market, the sales volume of Chinese car companies increased by only 20% compared with the same period last year.

  According to the latest sales figures released by the China Automobile Association, car sales in China in November were 2.457 million, down 3.6% from a year earlier, with cumulative sales of 23.11 million vehicles from January to November, a year-on-year total of 9.1%. Under the cold winter season of the car market, a total of 7.478 million Chinese brand passenger cars were sold from January to November, down 16.9 percent from the same period last year, accounting for 38.9 percent of the total passenger car sales, and the share decreased by 3.0 percentage points compared with the same period last year. According to the top 15 ranking of Chinese brand passenger car sales from January to November released by the Federation of passengers, a total of 12 Chinese brand car companies showed a year-on-year decline in sales, with only 3 cars.

  Huatai Automobile 2019-12-13
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  Suspected of emptying the company's cash and assets? The huge group issued an announcement.

  On May 19th, * ST issued an announcement that Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "Giant Group") received the announcement of the second Department of Management of listed companies of the Shanghai Stock Exchange (hereinafter referred to as "Shanghai Stock Exchange") on the repurchase of shares of Giant Automobile Trade Group Co., Ltd.

  Large group company automobile net profit net profit listed company shareholder share transaction investment investor limited limited dealer 2023-05-19
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  The more well-off cars are built, the more they lose money!

  In April 2021, Xiaokang shares announced a partnership with Huawei to build cars. The share price of Xiaokang shares soared from more than 22 yuan before the announcement to about 79 yuan, nearly tripling until the release of the new brand M5. According to the official release of M5 on December 23, the Huawei car-building concept did not make the share price of well-off rise further, but became the beginning of a series of falls in the share price of well-off shares. As of the Spring Festival holiday, the share price of well-off shares was 45.81 yuan per share, with a cumulative decline of nearly 40% compared with its peak in just over a month. It seems that Huawei's car-building concept is not the only positive direction.

  Financial report of well-off shares 2022-01-31
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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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  Financial report of car companies: BYD has become the most profitable car company

  Recently, domestic automobile companies have released their financial results for 2022 one after another. Among the annual reports of 20 A / H-share listed companies counted by "Automotive Industry concern", including SAIC, Jianghuai Automobile, Dongfeng Automobile, brilliance China and Zhongtai Automobile, both revenue and profit have fallen, especially SAIC.

  Automobile Group SAIC Group loss sales growth Company net profit net profit Biya Market Industry Great Wall Dongfeng Enterprise 2023-05-02
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  With a reshuffle of the automobile industry in 2020, these brands are facing a moment of life and death.

  2020 is a special year for the global market. due to the influence of the epidemic, the production and operation of the upper, middle and lower reaches of the automobile industry have stagnated. Although the Chinese market has become the first automobile market to recover, under the influence of such a market, there are still many car brands that finally stopped in 2020 because of poor management and become history. 1. Dongfeng Renault on April 14, 2020, both shareholders of Dongfeng Renault announced that the joint venture company had officially ceased operation. Both shareholders reorganized Dongfeng Renault, and Renault transferred its 50% stake in Dongfeng Renault to Dongfeng Automobile Group. Dongfeng Lei.

  FAW Xiali brilliance Group Dongfeng Renault 2021-01-01