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  The situation is endangered and many subsidiaries of Zhongtai are restructured / liquidated.

  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.

  Zhongtai Automobile 2020-12-09
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  Become debt-ridden! A new energy car company in Zhejiang has been filed for bankruptcy liquidation

  In 2020, Zhongtai Motor, which once sold 330000 vehicles a year, seems to have encountered a lot of trouble. news about "Zhongtai system" shutdown, wage arrears and rights protection, bankruptcy reorganization, bankruptcy liquidation and so on. After Zhongtai, Junma, Hanteng and Hanlong, another "Zhongtai" enterprise was mired in debt crisis and was filed for bankruptcy liquidation by creditors. Recently, * ST Zhongtai issued a notice that recently received a "civil order" issued by Zhejiang Yongkang Court, Zhongtai Automobile Co., Ltd. (hereinafter referred to as "Zhongtai Automobile") second-class wholly-owned subsidiary Zhongtai New Energy Automobile Co., Ltd., by creditors Hangzhou Tiecheng Information Technology Co., Ltd. And Jin.

  Zhongtai New Energy Zhongtai Automobile 2020-12-04
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  Zhongtai Automobile was picked up by Jiangsu Shenzhen Merchants for 2 billion yuan as a ​​​​.

  Since Zhongtai Automobile announced bankruptcy reorganization, the progress of Zhongtai Automobile restructuring has also been concerned by the industry. If Zhongtai Automobile can smoothly implement restructuring, optimize the debt structure, and continue to operate, then Zhongtai can get back on the right track. If the restructuring fails, Zhongtai Motor will only face the road of bankruptcy. According to the announcement issued by * ST Zhongtai, on September 30, 2021, Jiangsu Shenshang holding Group Co., Ltd. was finally confirmed as the restructuring investor, Shanghai Titanium Kai Automotive Technology Partnership (limited partnership) and Hunan Zhibo Zhi car equity investment partnership (limited partnership.

  Zhongtai Automobile 2021-10-09
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  Zhongtai Automobile: openly recruit investors and promote pre-restructuring work

  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.

  Zhongtai Automobile 2020-09-26
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  The darkest hour! It is exposed that the Bic Battery Appeal Court asked for the freezing of Zhongtai Motor's property of 40 million yuan.

  Shenzhen Longgang District people's Court is hearing a dispute over the trading contract between Shenzhen Bic Battery Co., Ltd. and Zhongtai New Energy Automobile Co., Ltd. Changsha Branch and Zhongtai New Energy Automobile Co., Ltd., according to relevant media reports citing people familiar with the matter. According to people familiar with the matter, Zhongtai Motors eventually appealed to the people's Court of Longgang District of Shenzhen City for defaulting hundreds of millions of yuan on Bic battery, asking Zhongtai Motor to freeze 40 million yuan of property. According to a civil ruling on June 11, the plaintiff Bic battery filed an application for property preservation with the Shenzhen Municipal Court, requesting to seize, detain or freeze the defendant Zhongtai New Energy.

  Zhongtai Motor is appealed 2019-10-13
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  Tieniu Group borrowed more than 10 million yuan from Zhongtai employees, and Zhongtai employees collectively collected debts.

  According to media reports on July 8, more than 30 Zhongtai employees gathered in front of Zhongtai Automobile at No. 1 Beihu Road, Yongkang City, Zhejiang Province, and communicated with relevant leaders of Tieniu Group for nearly two hours, demanding that Tieniu Group, the parent company of Zhongtai Automobile, immediately repay the high internal fund-raising loan that occurred in April last year. Tieniu Group proposed to repay 10% of the loan within three days by selling some test cars of Zhongtai Automobile Research Institute, but this method was opposed by Zhongtai employees. According to a loan agreement provided by Zhongtai employees, Tieniu Group worked with more than 80 Zhongtai employees in April 2019 to maintain the operation of the company.

  Zhongtai Automobile Iron Niu Group 2020-07-09
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  The stock price of Zhongtai has risen by the limit one after another, but no one is interested in assets.

  The land use rights, buildings, turnover materials and other assets of Chongqing Zhongtai Automobile Industry Co., Ltd. (hereinafter referred to as Chongqing Zhongtai) failed to auction again because no one signed up for the bid, according to Ali auction website. According to the website, Chongqing Zhongtai-related assets are valued at 1.365 billion yuan, with a discount of 20% after the first failed auction on March 15 and a starting price of 1.092 billion yuan for the second auction. A total of 187people set reminders and 7057 onlookers watched the auction, which failed in the end. Relevant management said that will continue to deal with the above assets at a 20% discount, if the third auction is still unsuccessful, will continue to auction at a 20% discount, the proceeds will be used for clearance.

  Zhongtai Automobile 2022-03-24
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  The vice president of Zhongtai announced his resignation, and the stock once again triggered the limit.

  On April 12, Zhongtai Automobile announced that according to the written resignation report submitted by Mr. Liu Huijun, Vice President of the company, Mr. Liu Huijun resigned as Vice President of the company for personal reasons. Mr. Liu Huijun will no longer hold any other positions in the company after resigning as vice president of the company. It is worth mentioning that the senior management of Zhongtai Motor left, and today the stock once again triggered the limit board. It is understood that Liu Huijun is also one of the important management of Zhongtai Automobile. According to Zhongtai Automobile's 2019 results, Liu Huijun's total pre-tax compensation was 897900 yuan, making him the second highest-paid executive in the company, second only to Vice President Ma Deren. According to the data, Liu Hui.

  Zhongtai Automobile 2021-04-13
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  Layout of medium-and high-end new energy, Zhongtai Automobile restructuring Plan approved

  On November 31st, * ST Zhongtai issued a notice on the approval of the reorganization Plan by the Court. The company has received a Civil order from the Jinhua Intermediate people's Court, which approved the reorganization plan of Zhongtai Automobile Co., Ltd. at the same time, the reorganization procedure of Zhongtai Automobile Co., Ltd. was terminated. Affected by the news, * ST Zhongtai once again rose the limit, since the announcement of restructuring, * ST Zhongtai share price has risen more than 5 times. Review the road of Zhongtai Automobile restructuring: Zhongtai Automobile is an independent automobile brand in Zhejiang, which not only has the dual production qualification of "traditional fuel vehicles + new energy vehicles", but also in Zhejiang, Hunan, Hubei, Shandong, Chongqing and other places.

  Zhongtai Automobile 2021-12-01
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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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  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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  Ready to turn over? Zhongtai Automobile will promote high-end brands

  Recently, Zhongtai Motors disclosed its 2021 performance forecast that it is expected to achieve an operating income of 800 million to 900 million yuan in 2021 and a net profit loss of 400 million to 600 million yuan. From the performance forecast, although 2021 is still in a state of loss, but compared with the 2020 loss of more than 10 billion yuan, Zhongtai Motor has achieved a substantial loss reduction. Zhongtai Automobile said in the performance forecast that the 2021 restructuring plan has been completed and is expected to generate restructuring revenue of 20-2.4 billion yuan. However, because the subordinate automobile production bases are basically in a state of suspension of production, the production and sales volume of the whole vehicle is small, and the total sales income is low, resulting in business performance is still.

  Zhongtai Automobile 2022-01-31
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  Has the first shareholder of Zhongtai been liquidated? Manpower and Social Security Bureau: false news

  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 Automobile Iron Niu Group 2020-07-08
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  Plan to develop 4 new cars! The old car company was questioned for this reason.

  Zhongtai Motor, which received a letter of concern from the Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange") because it said it was "more technologically advanced than in the Ningde era" in November 2022, was recently questioned by the Shenzhen Stock Exchange for a fixed increase of 6 billion yuan. In response to the inquiry of the Shenzhen Stock Exchange, on March 16, Zhongtai Motors issued a notice saying that the company had received

  Automobiles projects vehicles funds models construction channels development new energy companies production marketing products capabilities marketing channels 2023-03-18
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  Listed companies are publicly condemned, and dealers defend their rights to collect debts

  Recently, the Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange") issued a decision on disciplinary action against Zhongtai Automobile and related parties. It has been found out that * ST Zhongtai controlling shareholders are involved in three aspects: illegal occupation of non-recurrent funds, failure to perform review procedures and information disclosure obligations in related party transactions, and failure to disclose major litigation in a timely manner. The specific contents are as follows: in view of the above violations, the Shenzhen Stock Exchange made the following disciplinary decisions: 1. Public condemnation of * ST Zhongtai. 2, to * ST Zhongtai controlling shareholder Tieniu Group, the actual controller should be publicly condemned; 3, * ST Zhongtai then chairman.

  Zhongtai Automobile 2021-09-11
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  The chairman of Zhongtai Automobile is restricted to high consumption.

  According to Tianyan investigation, Jin Zheyong, chairman of Zhongtai Automobile Co., Ltd., was restricted from high consumption because of a dispute over the sale and purchase contract. Relevant information shows that Zhongtai Motor has 10 court announcements in April this year alone, mainly in sales contract disputes and advertising contract disputes. Zhongtai Motors recently issued a notice saying that in order to ensure the normal turnover of Zhongtai Automobile subsidiary Hunan Jiangnan Automobile Manufacturing Co., Ltd., and to ensure the completion of the production and sale of various models, Zhongtai Automobile will provide joint and several liability guarantee for Jiangnan Automobile to apply for 550 million yuan in integral credit from Xiangtan Branch of Huarong Xiangjiang Bank Co., Ltd., and the guarantee period is the term of the loan under the independent contract.

  Zhongtai Automobile 2020-04-21
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  Zhongtai owed eight months' wages, and the employees were miserable and fruitless in asking for their wages.

  Zhongtai Automobile has already had operational problems in 2019, with a sharp drop in new car sales, a shutdown of production at many production bases, and even huge losses, which keep Zhongtai in trouble. Under such circumstances, Zhongtai employees are miserable, and the storm of arrears of wages and arrears continues to ferment.

  Zhongtai refused to pay his unpaid wages for 8 months. 2020-07-02
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  Zhongtai: battery technology is more advanced than in Ningde era.

  On November 2, Zhongtai Automobile issued an announcement on the cancellation of other risk warnings and suspension of trading in the company's stock, which was changed from "ST Zhongtai" to "Zhongtai Automobile". In May this year, it was reported by the media that Zhongtai Motor had obtained an application for delisting risk warning and some other risk warnings for the company's stock trading.

  Cars companies sales markets production new energy limited limited models batteries announcements risks Jiangsu operation warning 2022-11-04
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  Strong comeback! Zhongtai T300L has passed the national six b certification.

  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

  Cars markets companies sales sales investment design manual investors new energy aspects limited limited track models 2023-01-26
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  After the termination of the fixed increase! Zhongtai Automobile issued another announcement: the operation is normal.

  On July 13, Zhongtai Motor announced the termination of the 6 billion yuan fixed increase project that had been planned for a year, saying that the reason for the termination was the company's decision on various factors. It should be noted that Zhongtai Automobile is planning to change the actual controller, so whether the cancellation of the fixed increase project will affect the change of the actual controller has also become a matter for everyone.

  Cars companies sales actual vehicles shareholders control holding operations events stocks losses manufacturing announcements material 2023-07-19