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  To solve the problem of inter-industry competition, FAW cars and FAW shares are exchanged for assets.

  The problem of peer competition between FAW car and FAW Xiali is expected to be alleviated. A few days ago, FAW car Co., Ltd. issued an announcement that according to the overall strategic layout of FAW cars and the need for major asset restructuring with China first Automobile Co., Ltd., FAW car plans to set up a wholly-owned subsidiary with its own capital of 50 million yuan, and the name of the company is tentatively designated as FAW Pentium car Co., Ltd. FAW Pentium sedan Co., Ltd., established by the latter, will undertake restructuring and purchase assets, FAW sedans purchase passenger car business, and at the same time place FAW liberation assets owned by major shareholders to achieve asset swap. FAW car.

  2019-06-25
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  FAW car transfers two assets, annual profit is expected to increase by 105 million yuan

  On December 11, FAW car issued two announcements in succession, showing that the company will hold assets located in Jingkai District of Changchun City for public listing and transfer at a listing price of 65 million yuan, and the transferee is Changchun Zhisheng stamping Die Co., Ltd. the final transaction is 81.2 million yuan, and the transaction is expected to increase the company's profit by 57 million yuan in 2019. Another announcement shows that the company plans to dispose of the property and transfer it to FAW Asset Management Co., Ltd. (FAW assets) at 75.0481 million yuan. The transaction is expected to increase the company's profit by 48 million yuan in 2019. The two deals are expected to increase the company by 20.

  FAW car 2019-12-12
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  FAW car major assets reorganization plan has been approved by SASAC of the State Council.

  FAW car Co., Ltd. issued a notice today, saying that major asset restructuring issues have been approved by the SASAC of the State Council, and agree in principle to the company's overall plan for asset restructuring and supporting financing. FAW car restructuring proposed to buy assets FAW Jiefang 100% equity, the transaction price of 27 billion yuan. According to the announcement, the State-owned assets Supervision and Administration Commission of the State Council recently received a "reply on issues related to asset restructuring and supporting financing of FAW car Co., Ltd." transferred by China first Automobile Group Co., Ltd. agreed in principle to the company's overall plan for asset restructuring and supporting financing. In addition, the announcement is also.

  FAW car asset reorganization plan approved by SASAC 2019-09-27
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  Another established car company is unable to sustain and plans to withdraw from the automobile market by selling assets.

  On September 17, Tianjin FAW Xiali Automobile Co., Ltd. (hereinafter referred to as "FAW Xiali") issued the report on the sale of major assets and the issuance of shares to purchase assets and raise supporting funds and related party transactions. According to the report, the overall plan of the transaction includes four parts: free transfer of shares of listed companies, sale of major assets, issuance of shares to purchase assets and raising supporting funds. According to the report, FAW car Co., Ltd. plans to transfer its 697620651 shares of FAW Xiali to China Railway Materials Co., Ltd. In addition, FAW Xiali plans to sell its holdings except Xin'an Insurance 17.5.

  FAW Xiali 2020-09-18
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  Something's going to happen! Bowo's auto assets were seized by the court

  "good is expensive, expensive is good", Bowo car thunderstorm again! Last night, Chinese commercial vehicle brand Foton Motors issued a notice saying that due to the inability to repay suppliers and other creditors, the relevant creditors applied to seal up Beijing Baowo related assets, involving an amount of about 124 million yuan. The book value of the seized property is 2.209 billion yuan, including machinery and equipment, transport equipment, office equipment, IT equipment, tooling moulds, other equipment, projects under construction and inventory. The assets of Beijing Baowo seized this time do not belong to Futian, nor are they related assets that Beijing Baowo uses assets to repay debts. Fukuda made it clear that the assets seized this time.

  Bowo car 2021-12-10
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  The restructuring of FAW cars has been settled, and FAW Pentium has become a wholly owned subsidiary of FAW.

  On March 25th, FAW car announced that, on March 12, the company received the approval of FAW car Co., Ltd. major asset restructuring and the issuance of shares to China first Automobile Co., Ltd. to purchase assets (Securities Regulatory license [2020] No. 352), approved the transaction. After receiving the approval documents of the CSRC, the listed companies actively carry out the transfer of the underlying assets, and as of the date of this announcement, the industrial and commercial change registration procedures for the placed assets and the purchased assets involved in this transaction have been completed. According to the previous restructuring plan, FAW cars will have the exception of FAW.

  FAW cars FAW shares 2020-03-26
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  Be sued! The German car company's assets in Russia have been frozen.

  On March 20, foreign media reported that all Volkswagen assets in Russia had been frozen. Reported that a court in the Russian region of Nizhny Novgorod seized all the assets of Volkswagen Group in Russia because the Gorky Automobile Factory (hereinafter referred to as GAZ) asked it to claim more than 155 billion rubles. Data show

  Volkswagen Russia Automotive Group Volkswagen Factory Volkswagen Group Brand Asset production Market Company Kalu Nizhny Novgorod Investment 2023-03-21
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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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  Chery's mixed reform project may involve Haining state-owned assets, and will reorganize senior management.

  In early September this year, Chery's mixed reform was launched again, intending to introduce new investors in the way of capital increase and share expansion, which also made Chery more and more popular in the auto industry. According to the announcement, the project will end on November 7. so far, two interested parties (private placement) have paid 5 billion yuan in intention funds. they are Tengxing Yangtze River Delta (Haining) equity investment partnership (limited partnership) (hereinafter referred to as "Tengxing Yangtze River Delta") and Qingdao Wudaokou New Energy Automobile Industry Fund (limited partnership) (hereinafter referred to as "Qingdao Wudaokou"). According to Chery insiders, the new investor is likely to be Tengxing Yangtze River Delta. From the rumored investor is.

  Chery's mixed reform project may involve Haining's state-owned assets. 2019-10-21
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  In order to invigorate the company's idle assets, Jianghuai Motor plans to transfer the second factory.

  Since the second half of 2018, domestic automobile production and sales have slipped, resulting in a depression in the automobile industry. In particular, the superimposed impact of the epidemic in 2020, so that weak brands are even worse, have made self-rescue plans. Among them, Jianghuai Automobile has also made arrangements to transfer some of the assets of the second passenger car factory.

  Jianghuai 2020-11-17
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  FAW Xiali asset restructuring may become a "shell company", FAW to speed up the overall listing process

  On December 8, FAW Xiali announced that its controlling shareholder, China first Automobile Co., Ltd. (hereinafter referred to as FAW Xiali), will transfer its holding stake in FAW Xiali to China Railway Materials Co., Ltd. (hereinafter referred to as China Railway Materials) free of charge. According to the announcement, all the existing assets and liabilities of FAW Xiali were placed in subsidiaries designated by the controlling shareholders of the company, and at the same time, by issuing shares to purchase assets, it purchased a controlling stake in China Railway Wusheng Science and Technology Development Co., Ltd. (hereinafter referred to as China Railway Wusheng). This transaction constitutes a major asset restructuring of the listed company. According to Qixinbao, China Railway Wusheng Technology Development Co., Ltd. was established in 2018.

  FAW Xiali FAW Group 2019-12-09
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  All of a sudden! Jianghuai Automobile acquires some assets of Anhui Lulai

  On the evening of December 22, Jianghuai Automobile issued an announcement showing that Anhui Jianghuai Automobile Group Co., Ltd. (hereinafter referred to as "Jianghuai Automobile") intends to acquire the project assets related to the equipment installation project held by Weilai Automobile (Anhui) Co., Ltd.

  Automobiles companies assets Anhui production events Cooperation Independence contract Manufacturing net profit net profit Directors influence announcement Strategy 2022-12-22
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  Transfer Weilai factory! The company responded

  On October 19th, Jianghuai Automobile announced that the company intends to transfer some of its assets through public listing, involving the inventory of the three factories of the passenger car company, fixed assets, projects under construction, buildings, land use rights and Xinqiao factory structures and equipment assets of the passenger car company, with a proposed listing price of 4.498 billion.

  Automobile production factory company asset model contract manufacturing ideal qualification Xiaopeng base car use Beijing market limited 2023-10-20
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  Be sued! The German car company was claimed $348 million.

  Shortly after Volkswagen lifted some of the assets freeze in Russia, Volkswagen received another $348 million in compensation from the Russian GAZ Group. On April 11th, according to media reports, court records showed that Gorky Automobile Plant, a subsidiary of the Russian GAZ Group, was on April 7th.

  Volkswagen Russia Automotive Group Volkswagen assets Factory Volkswagen Group Litigation Nizhny Novgorod production Company contract Market Court 2023-04-11
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  Jinbei Motor plans to transfer two loss-making companies, one of which is worth 1 yuan.

  In the face of performance losses, Jinbei Automobile, like many auto companies, sold its assets in order to protect itself. A few days ago, Jinbei Automobile issued two asset transfer announcements one after another, intending to transfer 100% equity of brilliance Automobile Golden Cup (Xixian New area) Industrial Park Co., Ltd. and Shenyang Jinbei Housing Development Co., Ltd. to Shenyang Automotive Industry Asset Management Co., Ltd., with a transaction consideration of 59.8793 million yuan and 1 yuan respectively. At present, both subsidiaries are in debt loss. According to the announcement, Xixian Industrial Park was established in 2015 and is a wholly owned subsidiary of the company. On the asset valuation base date 2018.

  Cars losses companies 2019-08-18
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  All of a sudden! BYD has reduced nearly 4 million shares by the world's largest asset management company.

  On Oct. 18, BYD was reduced by BlackRock, the world's largest asset regulator, from 6.21% to 5.85%, according to Hong Kong stock exchange filings. In response to the BlackRock sale, BYD responded: "the company has tried to communicate with shareholders, but has not learned any substantive information.

  Biya Ryder Company Hong Kong Dollar Management size assets Group growth Investment Market shareholders shares performance net profit 2022-10-20
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  NIO factory to complete the transfer!

  On December 6, Anhui Jianghuai Automobile Group Co., Ltd.(hereinafter referred to as "Jianghuai Auto

  Automobiles production companies assets factories Anhui Co. Ltd. models qualifications OEM shares groups Cooperation Advanced announcement car use one package Manufacturing Independence 2023-12-05
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  FAW Xiali lost 1.4 billion yuan in 2019, and its assets were negative at the end of the year.

  On the evening of April 9, as the net assets of FAW Xiali at the end of 2019 were negative, FAW Xiali was treated as a "delisting risk warning" since the 10th, and the stock abbreviation was changed from "FAW Xiali" to "* ST Xiali". According to the annual report released by FAW Xiali in 2019, the operating income in 2019 was 429 million yuan, down 61.85% from the same period last year; the net profit attributed to listed companies was-1.481 billion yuan, down 4068.32% from the same period last year; the net profit after deducting recurrent profit and loss belonging to shareholders of listed companies was-1.561 billion yuan, down 23.57% from the same period last year.

  FAW Xiali 2020-04-10
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  Jia Yueting filed for bankruptcy reorganization, official statement: FF as soon as possible to achieve equity financing and IPO targets

  The news that Jia Yueting, the founder of FF, voluntarily applied for personal bankruptcy reorganization was confirmed that according to the plan, all FF shares and related income rights held by Jia Yueting were formally transferred to the creditor trust, which will be controlled and managed by the creditor committee and the trust trustee. In addition, the debt handling team told the media that so far, Jia Yueting has repaid more than 3 billion US dollars in debt, and the total outstanding debt is about 3.6 billion US dollars. If you subtract the secured debt that has been frozen for disposal of domestic assets and convertible shares, Jia Yueting's remaining net debt is about 2 billion US dollars. FaradayFuture released on October 14 th.

  Jia Yueting goes bankrupt 2019-10-15
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  Wuling Motors surprised the US government assets auction network, with a starting price of $500.

  When it comes to Wuling, we all know that this is a domestic brand with an important position in China, which is famous for its models mainly in the low-end market, and is known as "magic car". A few days ago, the auction information of two domestic Wuling cars was found on the US government and military assets auction website.

  Wuling 2020-09-23