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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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  be heavily in debt! Zhongtai Automobile lost 760 million yuan in the first three quarters of this year.

  Today, Zhongtai Automobile released its reported sales data for the first three quarters of 2019. The report shows that the company's operating income in the third quarter was 360 million yuan, down 88.41% from the same period last year. The net profit belonging to shareholders of listed companies was negative 470 million yuan, down 521.5% from the same period last year. In the first three quarters, the cumulative revenue was 5.401 billion yuan, down 59.59% from the same period last year, and the net profit loss was 760 million yuan, down 283.02% from the same period last year. Zhongtai Automobile said that the decline in revenue was mainly due to the decline in sales affected by the industry. Data released by the China Association of Automobile Manufacturers showed that Zhongtai car sales in the first three quarters.

  Zhongtai Automobile lost 760 million yuan in the first three quarters of this year. 2019-10-29
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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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  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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  Beijing Hyundai lost about 760 million yuan in the third quarter.

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  Beijing Modern 2019-11-18
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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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  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 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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  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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  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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  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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  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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  CCTV: car companies drag money to make Bick battery fall into "serial debt" Bick battery: cash flow is tight

  According to data, the installed capacity of power batteries from January to October this year was 46.28GWh, an increase of 33.2% over the same period last year. Among them, Bick battery ranks among the top 10 in the domestic power battery list with the installed capacity of 557MWh. However, even the current situation of the power battery company is hardly optimistic, and a number of companies have sought debt from Bic Battery. On November 6, Rongbai Technology announced that the overdue accounts of Bick Power exceeded 206 million yuan, which may not be recoverable. On November 7, Dangsheng Technology announced that the balance of accounts receivable in Shenzhen Bic and Zhengzhou Bic totaled 378 million yuan, which could not be recovered.

  Bick Battery Huatai Automobile Zhongtai Automobile 2019-11-14
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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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  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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  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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  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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  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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  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