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  Zheng Gang, former general manager of BAIC, served as special adviser to Tieniu Group to help Zhongtai reorganize.

  According to domestic media sources, Zheng Gang, former general manager of BAIC New Energy, will serve as a special adviser to the chairman of Tieniu Group (the controlling shareholder of Zhongtai Automobile). Help Tieniu Group Chairman Ying Jianren carry out the strategic planning, asset restructuring and business integration of the automobile business. At present, Tieniu Group's business includes automobile manufacturing and sales, key automotive parts, new energy vehicles, foreign joint venture business, electronics and electrical appliances, real estate development and investment management. Zheng Gang spent 18 years in BAIC, including administration and brand building in the first 13 years. On September 27, 2018, Zheng.

  Zheng Gang appointed as Tieniu chairman of the group 2019-05-19
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  When the assets are insolvent, Zhongtai's controlling shareholders apply for bankruptcy reorganization

  On the evening of September 1, Zhongtai Automobile announced that its controlling shareholder Tieniu Group Co., Ltd. (hereinafter referred to as "Tieniu Group") recently received a "civil order" issued by the people's Court of Yongkang City, Zhejiang Province. the court has accepted Tieniu's application for reorganization. The announcement shows that because Tieniu Group is no longer able to pay off its maturing debts, and the amount of book assets is less than the amount of liabilities, it should be determined that assets are not sufficient to pay off all debts, but Tieniu Group's assets are diversified and have core value. Through the pre-restructuring phase of work, Tieniu Group also has a certain restructuring basis. According to the relevant provisions of the Enterprise bankruptcy Law of the people's Republic of China, the court is subject to.

  Iron Niu Group Zhongtai Motors 2020-09-02
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  The court ruled to accept bankruptcy reorganization, and two autonomous car companies had an accident.

  According to the latest announcement, the controlling shareholders of the two companies were ruled by the court to go bankrupt and reorganized because they were insolvent. On the evening of September 1, Zhongtai Motor issued a notice that Tieniu Group Co., Ltd., the company's controlling shareholder, recently received a "civil order" issued by the people's Court of Yongkang City, Zhejiang Province. the court has accepted Tieniu Group's application for reorganization. The announcement shows that because Tieniu Group is no longer able to pay off its maturing debts, and the amount of book assets is less than the amount of liabilities, it should be determined that assets are not sufficient to pay off all debts, but Tieniu Group's assets are diversified and have core value. Through the pre-restructuring stage.

  Zhongtai Automobile Lifan Automobile 2020-09-02
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  The wholly-owned subsidiary was ordered to restructure, and Zhongtai closed the limit again today.

  On May 17, Zhongtai Motor announced that the company had received a "civil order" issued by the Yongkang Court that the applicant's iron cow body was unable to pay off its due debts and obviously lacked solvency, but applied to the Yongkang Court for restructuring on the grounds that it was possible to restructure. Yongkang Court held that the debtor's iron ox body can no longer pay off the maturing debts, although the amount of book assets is higher than the amount of liabilities, but the cash flow is seriously insufficient, and the ability to realize assets is weak, so it should be found that there is an obvious lack of solvency. However, Tieniu body, as a supporting enterprise of the whole vehicle manufacturing company, has relatively high-quality vehicle parts production resources, restructuring value and possibility. The ruling is subject to.

  Zhongtai Automobile 2021-05-18
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  Zheng Gang, general manager of BAIC New Energy, has joined Huawei as vice president of BU.

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  Zheng Gang 2019-11-26
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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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  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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  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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  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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  Zhongtai Automobile is in a deep business crisis, and the vice president of the company announced his resignation.

  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.

  Zhongtai Automobile Junma Automobile Tieniu Group 2020-03-17
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  Sales halve, does Zhongtai want to be cold? Reveal the real "financier" behind China's most popular Thai.

  Zhongtai Motor achieved only half of its annual target sales of 480000 vehicles in 2018, according to data. In 2019, Zhongtai's cumulative sales in the first half of the year were 73900, down 49.45% from the same period last year, nearly halving. It can be seen that the situation of Zhongtai Automobile is not very good now, but there is an assistant behind Zhongtai Automobile, that is, the Iron Niu Group. In recent years, the Junma and Hanteng brands derived from Zhongtai Group, and even the upcoming Hanlong, actually play a real role not in Zhongtai, but in Tieniu Group. According to data, in 1992, Tieniu was just a machinery factory for motorcycle accessories and hardware parts.

  Sales volume Volkswagen Zhongtai 2019-07-29
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  Zheng Gang, a former new energy director of BAIC, joined Zhongtai Motor in a low profile.

  The former director and general manager of the domestic new energy automobile company, BAIC Langu, submitted a written resignation to the board of directors for personal health reasons. However, three months later, it was learned that Zheng Gang had quietly joined the Iron Niu Group as a special adviser to the group. "I'm just a consultant and I don't want to advertise it with great fanfare," said Zheng Gang, who served as a special adviser to the chairman of Tieniu Group, mainly to help companies do strategic planning, asset restructuring and business integration. Tieniu Group's main business includes automobile manufacturing and sales, key automotive parts, new energy vehicles, electronics and electrical appliances, real estate development and investment management. Iron ox.

  Automobile New Energy Zhongtai BAIC Zheng Gang 2019-05-20
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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 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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  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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  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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  The chairman of Zhongtai Automobile has resigned!

  On May 31, Zhongtai Automobile announced that Mr. Huang Jihong applied to resign as chairman and director of the board of directors for personal reasons, as well as as a member of the Strategy Committee and nomination Committee of the eighth Board of Directors of the company. After the resignation of the relevant position, Mr. Huang Jihong will not hold any position in the company. Correlation

  Automobile company group holding director limited limited Jiangnan Huangji model production position share investment chairman 2023-06-01
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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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  Zhongtai Automobile will reply to the inquiry letter of Shenzhen Stock Exchange, and it is difficult to achieve the performance promise.

  On May 24, Zhongtai Motor Company received a letter of inquiry about the 2018 annual report of Zhongtai Automobile Co., Ltd. (hereinafter referred to as the "inquiry letter") issued by the Shenzhen Stock Exchange. The "inquiry letter" mainly includes the financial situation of Zhongtai Motor in 2018, the reasons for the change in earnings, and the fulfillment of promises. The Shenzhen Stock Exchange requires Zhongtai Automobile Co., Ltd. to disclose the sales volume, price, sales revenue, gross profit and related period expenses of the major models of Yongkang Zhongtai in 2018, and to explain the differences and reasons between the realization and the evaluation at the time of acquisition, on this basis, analyze and explain the reasons why the current performance did not meet the forecast. Need to be in 2.

  Performance car Zhongtai 2019-05-27
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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