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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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  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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  Seriously insolvent! An electric car company filed for bankruptcy liquidation

  On March 6, Lifan Science and Technology (Group) Co., Ltd. (hereinafter referred to as "Lifan Technology") issued a notice that the board of directors approved the "motion on the application for bankruptcy liquidation of Henan Lifan New Energy Electric vehicle Co., Ltd., a wholly-owned subsidiary". It is agreed that Henan Lifan should apply to the court for bankruptcy liquidation. The data show that Henan Li

  Lifan company model automobile technology Geely Henan sales bankruptcy liquidation court similar market motorcycle motorcycle 2023-03-07
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  Only six years after its establishment, this "German" car company went into bankruptcy liquidation.

  "good is expensive", "expensive is good" and "very expensive". This magical advertisement came from Bowo Automobile. Because the slogan was "shocking", it attracted a lot of attention on the Internet at that time, and even made Baowo car very popular for a while, but it was really only "very popular for a while", in the years after that. Only let people remember that "good is expensive", "expensive is good" and "very expensive" Bowo finally failed to come up with a new name in the domestic market. On April 22, Futian Motor issued a notice saying that because Beijing Baowo could not pay off its maturing debts, and the audit report showed that its assets were insufficient to pay all its liabilities.

  Bankruptcy liquidation of Beijing Baowo 2022-04-23
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  The factory stopped production after employees owed wages, and the autonomous car company was ruled to go into bankruptcy liquidation.

  According to the bankruptcy documents of Hangzhou Yuhang District people's Court, Hangzhou Changjiang Automobile Co., Ltd., one of the new car-building forces, has been ordered by the court to go into bankruptcy liquidation. According to the announcement, according to the application of Hangzhou Wantu Business Service Co., Ltd., it was decided on August 24, 2020 to accept the bankruptcy liquidation case of Hangzhou Changjiang Automobile Co., Ltd. The creditors of Hangzhou Changjiang Automobile Co., Ltd. should declare their claims to the manager before November 11, 2020, stating in writing the amount of claims, whether they have property security and whether they are joint and several claims, and provide relevant evidence materials. Hangzhou Yuhang District people's Court will convene the first on November 26.

  Changjiang Automobile 2020-10-31
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  Another automobile manufacturing company was liquidated.

  Youth Automobile Group Co., Ltd. (hereinafter referred to as "Youth Automobile"), which attracted attention due to the "water-hydrogen engine", is back in the public eye because one of its subsidiaries went bankrupt. According to China Business Network, the interim manager of Jinhua Youth Automobile Manufacturing Co., Ltd. (hereinafter referred to as "Jinhua Youth Automobile"), a major car manufacturing entity under Youth Automobile, issued the "statement on the Declaration of creditor's Rights in Jinhua Youth Automobile bankruptcy liquidation case", formally announcing that the company has entered the bankruptcy liquidation procedure. According to the declaration of creditor's rights in Jinhua Youth Automobile bankruptcy liquidation case issued by Jinhua Youth Automobile interim Manager, Jinhua Intermediate people's Court made on February 7.

  Youth car 2021-02-28
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  Debt of nearly 1 billion yuan, Tianjin Boxun bankruptcy liquidation countdown ​?

  A sudden "delay message for recruiting investors" once again brought the long-silent Bolshund car back to public view. According to relevant media reports, the manager of Nanjing Bojun New Energy Automobile Co., Ltd. (hereinafter referred to as Bojun Automobile) postponed the recruitment of investors in Tianjin Bojun Automobile Co., Ltd. (hereinafter referred to as Tianjin Boxun).

  Automobile Tianjin Company Equity Al Art Limited Investment Management Xiali recruitment liquidation announcement investors Co. Ltd. 2022-07-30
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  Another new force goes bankrupt

  "Automotive Industry concern" learned from the Heavenly Eye that on June 14, Baiteng Automobile affiliate Nanjing Zhixing New Energy Automobile Technology Development Co., Ltd. (hereinafter referred to as "Zhixing New Energy vehicle") added a piece of "bankruptcy reorganization" information. The case number is (2023) Su 0113 break 48, and the case type is "bankruptcy case".

  Company Automobile Zhixing Limited Nanjing Co. Ltd. New Energy case Court Electric Investment Technology Electric vehicle Development people's Court 2023-06-16
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  Burning up 8.4 billion yuan could not make a car, and Baiteng Motor was formally filed for bankruptcy liquidation.

  On November 1, the bankruptcy liquidation case of Nanjing Zhixing New Energy Automobile Technology Development Co., Ltd., an affiliated company of Baiteng Automobile, was formally heard. According to relevant data, Nanjing Zhixing New Energy vehicle Technology Development Co., Ltd. was established in June 2017. It is jointly established by Zhixing New Energy vehicle Investment Management (Nanjing) Co., Ltd. and Nanjing Qining Feng New Energy Automobile Industry Investment Fund Partnership (Limited Partnership). Nanjing Baiteng Automotive Technology Co., Ltd. was established in December 2017 and is 100% owned by Nanjing Zhixing New Energy. The bankruptcy liquidation will also mean that Baiteng Motor lost 8.4 billion of its investment in three years.

  Baiteng 2021-11-02
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  Jia Yueting intends to apply for personal bankruptcy reorganization or will no longer hold Faraday's future equity.

  Recently, some Chinese cities have launched policies to pilot a personal bankruptcy system, while media reported that Jia Yueting recently submitted relevant documents to the US court and volunteered to file for personal bankruptcy reorganization. After applying for personal bankruptcy reorganization, Jia Yueting will transfer all his assets to creditors through a creditor trust, which is controlled and managed by the creditor committee and the trust trustee. It also means that creditors will get all of Jia Yueting's assets and their income rights in advance, and Jia Yueting will no longer hold any stake in Faraday Future Faraday Future, an electric carmaker. At present, the future side of Faraday.

  Jia Yueting intends to apply for personal bankruptcy reorganization 2019-10-11
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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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  Bowo is in bankruptcy liquidation, Fukuda applied to freeze 1.4 billion of property such as Lu Zhengyao.

  BAIC Foton Motor Co., Ltd. (hereinafter referred to as "BAIC Foton") has applied to freeze 1.4 billion of assets such as Lu Zhengyao, according to the China referee Writing website. According to the judgment documents, the applicant BAIC Foton Motor Co., Ltd. applied for property preservation to the Beijing Arbitration Commission, requesting to seal up, detain or freeze the respondent's Mi.

  Futian Coffee China Automobile Beijing Company Limited loss property debt Market Co. Ltd. Equity Germany Changsheng 2022-09-18
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  Whether Jia Yueting, who has a monthly income of 93000 US dollars, can go bankrupt and reorganize needs to be voted by creditors.

  A few days ago, the news that Jia Yueting, founder of FF, voluntarily filed for personal bankruptcy reorganization was confirmed that Jia Yueting had applied to the US court for personal bankruptcy reorganization in accordance with Chapter 11 (chapter 11) of the relevant US law. According to the scheme, all FF shares and related income rights held by Jia Yueting are officially transferred to the creditor trust, which will be controlled and managed by the creditor committee and the trust trustee. This means that since the outbreak of the Letv crisis, FF, which has been regarded as the hope of repayment, no longer belongs to Jia Yueting. In the face of the approaching debt, is Jia Yueting able to evade debt repayment? In this regard, responsible for the agent.

  Whether Jia Yueting can go bankrupt and reorganize depends on the vote of the creditors. 2019-10-17
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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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  Two companies of Singularity Motor have been filed for bankruptcy!

  According to the national enterprise bankruptcy reorganization case information network, the Xiangcheng District people's Court issued a civil order No. 36 of Su 0507 Breaking Shen 36, which ruled to accept the bankruptcy liquidation of Singularity Automobile Research and Development Center Co., Ltd. (hereinafter referred to as "Singularity Company"). On the same day, Xiangcheng District people's Court made (2023) Su

  Automobile Singularity Company Limited Co. Ltd. Anhui New Energy people Tongling people's Court creditor's Rights employees time Intelligence Court 2023-08-24
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  The debt is insolvent! Bowo's annual loss is 2.1 billion yuan

  BAIC Foton Motor Co., Ltd. (hereinafter referred to as "BAIC Foton") released its annual report on April 30, showing that its operating income reached 54.97 billion yuan in 2021, down 4.83% from the same period last year. The net loss was 5.06 billion yuan, down 3372.75% from the same period last year. In view of the performance from profit to loss. BAIC

  Insolvent annual loss 2022-05-02
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  Bancassurance Regulatory Commission's reply: agree to Huatai Automobile Financial bankruptcy

  On May 6, the official website of the Bancassurance Regulatory Commission published the "reply on the bankruptcy of Huatai Auto Finance Co., Ltd." According to the reply, Huatai Auto Finance was filed for bankruptcy liquidation, which was filed by Hunan Sanxiang Bank. The Bancassurance Regulatory Commission said that it agreed in principle that Huatai Auto Finance should enter the bankruptcy procedure and required it to strictly abide by

  Automobile Huatai Company Finance Technology Limited Limited debt shares Zhang Xiu Land shareholders Equity Business Market 2023-05-09
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  The property of the centennial car company has been disposed of!

  On September 18, the official website of Beijing property Exchange issued a notice on the disposal of property in bankruptcy liquidation of Baowo Automobile (China) Co., Ltd. (hereinafter referred to as "Bowo China"). The contents of the announcement show that on August 4, 2023, the Beijing No. 1 Intermediate people's Court ruled to declare Bowo China bankrupt, and the administrator was responsible for Bowo China property in accordance with the law.

  China property announcement administrator Beijing management people's court patent exchange property right people law company content method 2023-09-18
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  The car brands that Li Ka-shing focused on investing have become cold, and the arrears of wages for 12 months are insolvent.

  Recently, Hangzhou Yuhang District people's Court issued a notice to restructure Hangzhou Changjiang Automobile Co., Ltd. (hereinafter referred to as "Changjiang Automobile") according to the application of Beijing Zijing Julong Science and Technology Investment Co., Ltd. In August 2020, the Yuhang District people's Court ruled to accept the bankruptcy liquidation case of the debtor Hangzhou Changjiang Automobile Co., Ltd. on September 11, 2020, Zhejiang Jingheng Law firm, Zhejiang Nuoliya Law firm and Ningbo Kexin Accounting firm Co., Ltd. were appointed as managers. December 2020, Changjiang Automobile bankruptcy liquidation administrator publicly issued a project investor recruitment announcement, which means.

  Changjiang Automobile 2021-01-21
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  Unable to repay the due debt, Hangzhou Youth Motor was officially ruled bankrupt by the court.

  It is learned from the announcement network of the people's Court that as the bankruptcy property of Hangzhou Youth Automobile Co., Ltd. has been distributed, in accordance with Article 120 of the Enterprise bankruptcy Law of the people's Republic of China, on October 21, 2019, the court ruled to terminate the bankruptcy proceedings of Hangzhou Youth Automobile Co., Ltd. According to the investigation, Hangzhou Youth Motor has involved as many as 176 legal cases, and Pang Qingqing, the legal representative of the company, has been listed as the executor for breach of trust many times. In response to the bankruptcy of Hangzhou Youth Automobile, Pang Qing has so far responded. The course of youth automobile development: in 2001, Youth Automobile Group was established and registered.

  Youth car 2019-11-15