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  In response to the case of the person subject to execution, Yinlong New Energy will apply for cancellation of arbitration.

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  Yinlong new energy 2019-11-21
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  Due to quality problems with the vehicles purchased, Panda Motor claimed 800 million yuan from Lifan.

  On April 2, Lifan Industrial (Group) Co., Ltd. (hereinafter referred to as "Lifan Co., Ltd.") issued a notice that its subsidiary Chongqing Lifan passenger car Co., Ltd. (hereinafter referred to as "Chongqing Lifan") recently received legal documents such as "notice of participation of Chongqing Arbitration Commission" and "Arbitration Application" served by Chongqing Arbitration Commission. Due to a dispute over the sales contract between Chongqing Lifan and Chongqing Panda Automobile Co., Ltd. (hereinafter referred to as "Panda Automobile"), Panda submitted an arbitration application to the Chongqing Arbitration Commission for compensation of 798 million yuan to Chongqing Lifan. At present, the Chongqing Arbitration Commission has accepted the arbitration application. According to the announcement.

  Lifan 2020-04-02
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  After a huge loss of 11.2 billion yuan, Zhongtai fell into a storm of unpaid wages again.

  Capital emergency loss of 10 billion, production stagnation base holiday, Zhongtai auto employees finally ushered in progress in the event of salary and rights protection. It is said that after the employees applied for assistance from the relevant local departments in Hangzhou, Zhongtai and the arbitration staff have reached a consensus on the payment amount and payment cycle, and signed an arbitration mediation statement that Zhongtai should pay the full salary to the employees on June 30. In April this year, netizens revealed on the Internet that Zhongtai Automobile Company was in arrears of wages and employees were protecting their rights at the Comprehensive Social Security Management Service Center of Qiantang New area in Hangzhou. For the protection of rights, Hangzhou Qiantang New area Labor and personnel dispute Arbitration Commission and relevant local departments have been Zhongtai Motor.

  Zhongtai Automobile 2020-06-24
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  The financial situation is worrying! Lifan was sued for a total of nearly 3 billion yuan.

  The time left for Lifan seems to be running out, and Lifan, which is suffering from sluggish sales and heavily indebted vehicles, is experiencing difficulties in survival. On the evening of June 18, Lifan shares issued an announcement disclosing the company's cumulative supplementary announcement involving litigation (arbitration) matters. The announcement shows that the company has been involved in 392 lawsuits (arbitration), involving a total amount of 2.906 billion yuan. Of the 392 cases, 221 have been adjudicated (arbitration). Lifan is all defendants and needs to compensate the other party a total of 1.836 billion yuan. There were 82 unheard cases, involving a total amount of 580 million yuan. In addition, undisclosed litigation (arbitration) reached 2.6 in the past 12 months.

  Lifan 2020-06-18
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  Internal letter from Wang Xiaolin: arbitration will be initiated in Hong Kong, compensation will be given priority to pay employees' wages

  On July 13, Wang Xiaolin, chairman of Sailin Automobile, once again issued a letter to all employees and former employees, saying that arbitration would be initiated in Hong Kong. Rugao State assets and the Development Zone Management Committee's compensation for breach of contract to Jiangsu Sailin will first be used to fully pay all employees and former employees' wages, social insurance, tax insurance and other legal compensation and compensation claims. Wang Xiaolin said in an internal letter that the shareholders' meeting on July 4 had legally passed a shareholder resolution requiring state-owned shareholders to repay 300 million yuan owed to Jiangsu Sailin within five working days in accordance with the provisions of the joint venture agreement. Five working days have passed, state-owned shareholders still do not communicate, on state-owned shareholders and Rugao country.

  Sailin Automobile 2020-07-13
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  Lifan was acquired by Geely? Lifan and Geely officially responded: false news

  In 2020, the news of restructuring and mergers and acquisitions of automobile enterprises broke out frequently. Recently, it has been reported that Geely Group intends to own Lifan shares. In response to this matter, Geely said that "there is no such thing". Lifan Industrial (Group) Co., Ltd. issued a clarification announcement on media reports. After verifying with the actual controllers Yin Mingshan, Chen Qiaofeng, Yin Xidi, Yin Suowei and controlling shareholder Chongqing Lifan Holdings Co., Ltd., the company confirmed that the relevant media rumors were not true and had not discussed the acquisition or capital injection with a third party at present. No intention has been reached. Lifan also stressed that the company currently has persistent losses and high debts.

  Lifan 2020-06-20
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  Lifan was awarded a compensation of 780 million, and Lifan was pursued by brother company Panda Motor to make matters worse.

  Due to the serious quality defects of the new energy vehicles provided by Lifan passenger cars to the leasing platform Panda Motors, the latter filed an arbitration claim against the former. According to the ruling made by the Chongqing Arbitration Commission, Lifan passenger cars will compensate Chongqing Panda Automobile Leasing Co., Ltd. for a total of about 783 million yuan in asset losses and revenue losses.

  Lifan automobile 2020-05-12
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  Unfair terms, 14 new energy car companies were named!

  In recent years, under the background of the rapid development of the new energy vehicle market, it has gradually become the first choice for consumers to buy cars, but at the same time, there are more and more complaints about new energy vehicles. On May 19, the Consumer Protection Commission of Jiangsu Province released the investigation report on unfair format terms in the New Energy vehicle Industry.

  Consumption consumers information terms Xiaopeng individuals users cars enterprises services formats Weimar Biya arbitration new energy 2022-05-20
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  Geely intends to acquire two Chinese and foreign car companies? Geely responded that there was no such plan.

  In 2020, the Chinese car company Geely Group continued its mergers and acquisitions. After hosting the Changfeng Cheetah car factory and confirming its ownership of the commercial vehicle Valin Star Horse, Geely said that Geely was interested in acquiring a Chinese car company and a foreign car company. They are Lifan shares and South Korea Ssangyong Motor. Geely has denied the matter. The rumors of Geely and Lifan recently pointed out that Zhejiang Geely Holdings Group Co., Ltd. plans to inject capital into Chongqing Lifan Holdings Co., Ltd. to become its largest shareholder, the price and scale of the stake is not clear. Affected by the news, Lifan shares once rose in a straight line by the limit. Subsequently, in response to this rumor Geely Automobile Group.

  Geely car Lifan 2020-06-20
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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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  The rights of the dealers were protected again a year later, and Lifan Motor was in financial trouble.

  China's first A-share private passenger car manufacturer has been selected as one of the top 500 Chinese enterprises for many years, and has been in the forefront of the automobile and motorcycle industry in Chongqing for many years. This is the introduction of yourself on the official website of Lifan Industrial (Group) Co., Ltd. However, it is such an once-glamorous car company that has been protected by dealers again recently. According to media reports, a number of Lifan car dealers have gathered at Lifan vehicle Research Institute to claim compensation from manufacturers to protect their rights. Some dealers said that they offered to withdraw the net to Lifan in May 2019, but the balance of 150000 yuan deposit and more than 4000 yuan car model has not been returned, and the manufacturer has been.

  Lifan automobile 2020-06-22
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  Zhongtai employees collectively ask for wages, how long can the shaky Zhongtai Motor hold on?

  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.

  Zhongtai Automobile 2020-04-30
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  Being filed for bankruptcy and restructuring, Lifan is facing a serious crisis.

  ​ is now the domestic automobile market accelerating changes in the market environment, so that many marginal car companies feel difficult. A few days ago, Lifan shares issued a notice that the company received a "notice" served by the court. Jiali, the creditor, applied to the court to restructure the company on the grounds that the company was unable to repay its due debts and obviously lacked solvency, but still had the value of restructuring.

  Lifan shares 2020-06-30
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  The youth car was filed for bankruptcy by Haining Asset Co., Ltd., and the court ruled that it still had operational value.

  According to media reports, the youth car was applied for bankruptcy liquidation by a state-owned enterprise, and the applicant Haining Asset Management Company applied to the court for bankruptcy liquidation of the Youth Automobile Group on the grounds that Youth Automobile Group Co., Ltd. failed to repay its due debts and clearly lacked solvency, but the application was rejected by the Intermediate people's Court of Jinhua City, Zhejiang Province. Haining assets Company, established in December 1996, is a wholly state-owned company approved by the people's Government of Haining City. In August 2014, the Shanghai Arbitration Commission made more than ten awards, ruling that Haining Xianghe Auto parts Co., Ltd., Haining Jiri Auto parts Co., Ltd., Haining Youth Light vehicle have.

  2019-08-30
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  Employees spontaneously organized a salary conference, and the management of Sailin resigned collectively.

  Following the internal letter released by Wang Xiaolin on the 9th, some employees once again revealed that Sailin Motor had been unable to pay wages, internal management even left collectively, and there was no way for employees to protect their rights in an instant. A Sailin employee revealed that Sailin owed hundreds of employees unpaid salaries, including wages in May and social security since February. At the same time, the company's executives even left overnight, employees had no way to complain, and now they have no choice but to help each other. In addition, Wang Xiaolin hid silently in the United States as chairman, and several legal persons of the branch did not come back abroad. It is understood that employees have learned that the rent of a Sailin office is only paid.

  Sailin Automobile 2020-06-19
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  Lifan shares: the court ruled to accept judicial reorganization, and the stock was delisted as a risk warning.

  Lifan shares said in an announcement that the court had ruled to accept the restructuring and that the company was at risk of being declared bankrupt due to the failure of the restructuring. At the same time, the company's stock was delisted risk warning, the stock abbreviation was changed to "* ST Lifan".

  Lifan Lifan car 2020-08-23
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  Major changes in Subaru China!

  According to the national enterprise credit information publicity system, Subaru Automotive (China) Co., Ltd. (hereinafter referred to as "Subaru China") has undergone major changes. Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "Giant Group") withdrew, and SUBARU (Subaru) became a wholly-owned controlling shareholder.

  Baru Group Giant China Automobile sales Company Brand Equity Model Enterprise Co. Ltd. Electric heavy Industry heavy Industry 2023-06-23
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  Subaru withdraws from China? The official issued a solemn statement denying

  On August 31, Subaru China issued a statement: "recently, there have been continuous reports that Subaru China is considering withdrawing from the Chinese market." In this regard, we solemnly declare that Subaru China attaches great importance to the Chinese market. Since 2021, we have introduced new and modified models such as arrogant Tiger, BRZ and Forest Man.

  Baru Jumbo Group China Equity Automobile Company Co. Ltd. Court Market heavy Industry Fuji Price respondent 2022-09-04
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  All of a sudden! Well-known "German" brands apply for bankruptcy liquidation

  Beijing Baowo, which lost its operational capacity, finally filed for bankruptcy liquidation, and Foton Motor, as one of its shareholders, was also deeply affected. On the evening of April 8, Futian Motor announced that due to the financial exhaustion of Beijing Baowo, it was indeed unable to pay off its maturing debts, and its assets were not sufficient to pay off all its debts. Beijing Baowo held an interim shareholders' meeting on April 8, 2022. The resolution filed for bankruptcy liquidation in accordance with the law, and submitted the relevant application to the Beijing No. 1 Intermediate people's Court on April 8. It should be noted that bankruptcy liquidation and bankruptcy reorganization are essentially different. Bankruptcy reorganization is to have or may have the conditions for bankruptcy at the same time.

  Bowo car 2022-04-10
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  Lifan car "resurrected", Wanda car collapsed!

  On January 31, shared car platform Panda issued a notice on the suspension of operation of Chongqing Panda car Rental Co., Ltd. According to the notice, due to operational reasons, Chongqing Panda car Leasing Co., Ltd. decided to suspend operations from February 1, 2021. Panda said that it has begun to assist users to refund illegal deposit and accident payment in an orderly manner. At the same time, for those users who still have a balance in the account, a corresponding refund mechanism has been launched. Data show that Chongqing Panda car Rental Co., Ltd. was established in May 2015, is a new energy timeshare rental car company of Lifan Group. 201...

  Lifan automobile 2021-02-02