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  The pre-loss exceeds 6 billion! Large group: the reduction of sales can not get a rebate from the manufacturer

  Giant Automobile issued a pre-loss announcement on January 30th, which is expected to lose 6 billion-6.5 billion yuan in 2018. On this issue, the Shanghai Stock Exchange has issued a letter of inquiry on the performance pre-loss of Giant Automobile Trade Group Co., Ltd. Recently, Giant Automobile officially returned to the Shanghai Stock Exchange. Due to the reduction in the number of cars sold, the company's annual operating income has dropped sharply, but operating costs have risen sharply. Giant said it sold 254400 vehicles in 2018, down 227300 from a year earlier. In addition, due to the company's insufficient procurement, did not reach the manufacturer's annual assessment indicators, can not be sufficient.

  Loss in advance huge group in advance huge 2019-02-20
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  Pang Qinghua, founder of "King of 4S Store", sued the reorganization party.

  On September 5, 2019, the giant group, once known as the "largest car dealer in China", issued two announcements, pointing out that the court had ruled to accept the reorganization application of the giant group and would implement the delisting risk warning. Subsequently, the huge group was restructured, and Pang Qinghua, the founder and former controlling shareholder of the company, went to San.

  Group huge Qinghua Cooperation restructuring Company assets National Transport capacity people actual founder Automobile Stock payment 2022-09-20
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  The situation is endangered! Car dealer "King of 4S Store" may face delisting

  The giant group, once hailed as "China's largest car dealer", has released a series of warnings to the outside world that its shares may be terminated. From May 11 to May 13, the giant group issued a number of risk warning announcements that the listing of shares may be terminated.

  Huge Group Stock risk Tip maximum announcement outside multiple Automobile Dealer China 2023-05-13
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  Or terminate the listing! A car dealer was put on file for investigation.

  On May 27th, * ST announced that Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "the company") received the notice of filing a case of China Securities Regulatory Commission (CSRC) issued by China Securities Regulatory Commission (CSRC) on May 26, 2023 (serial number: CSRC filing word).

  Huge Group Company Automobile Stock performance Dealer China announcement Investor Investment Survey net profit net profit Securities Supervision 2023-05-27
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  Suspected of emptying the company's cash and assets? The huge group issued an announcement.

  On May 19th, * ST issued an announcement that Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "Giant Group") received the announcement of the second Department of Management of listed companies of the Shanghai Stock Exchange (hereinafter referred to as "Shanghai Stock Exchange") on the repurchase of shares of Giant Automobile Trade Group Co., Ltd.

  Large group company automobile net profit net profit listed company shareholder share transaction investment investor limited limited dealer 2023-05-19
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  Giant Group Chairman Pang Qinghua applies for resignation and assets restructuring will be carried out within the group.

  On the evening of June 20, p.p1 p.p2 p.p3 p.p4 p.p5 p.p6 span.s1 span.s2 span.s3, Giant Automobile Trade Group Co., Ltd. announced that the board of directors of Giant Group received the resignation of Mr. Pang Qinghua, chairman of the board's strategy committee and general manager, on June 20, 2019. Mr. Pang Qinghua resigned as Chairman, Chairman and General Manager of the Strategy Committee of the Board of Directors for personal reasons. According to the articles of association, Mr. Wang Yusheng was elected to perform the post of chairman. For Pang Qinghua's resignation meeting.

  Huge chairman of the group 2019-06-21
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  The huge group denies that it has been reorganized by Shenzhen Shang Holdings Group, and the court has not yet accepted the application for reorganization.

  Recently, there are media reports that the restructuring plan of the huge group has surfaced, led by the Shenzhen Commercial holding Group. In this regard, the huge group issued an announcement today to clarify. The giant group said that after verification by the company, the company has not taken the initiative to plan the reorganization, nor has it received any notice from the relevant departments about the restructuring, so there is no "restructuring party" in the media reports, let alone the leading subject. On May 31 this year, Beijing Jidongfeng Automobile sales and Service Co., Ltd., a wholly-owned subsidiary of the giant group, applied to the court for restructuring of the giant group as a creditor, but the giant group disclosed in the announcement that the current court.

  Court huge group 2019-08-01
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  The huge group faces debts of up to 24.7 billion yuan and does not make money with 359 4S stores.

  In 2019, the entire automobile industry is very impetuous, new car sales continue to decline, some car companies have been marginalized, upstream and downstream supplier industry chain has been affected, even 4S stores are complaining that they are not making money. In such an environment, the huge Auto Trade Group, one of the top ten dealer groups in China in the past, fell into the current situation of bankruptcy restructuring and debt crisis, of which the debt may be as high as 24.7 billion yuan. The giant group announced that the Intermediate people's Court of Tangshan City, Hebei Province had ruled to accept the creditor Beijing Jidongfeng Automobile sales and Service Co., Ltd. for the restructuring of the giant group, and designated the liquidation group of Giant Automobile Trade Group Co., Ltd. as Pang.

  Huge groups huge bankruptcy restructuring 2019-11-12
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  Huge accumulated losses of 2.071 billion yuan in the first three quarters, and a number of senior managers were resigned

  The giant group was founded on March 3, 2003. in 2010, the company was the largest car dealer in China. According to data, it has 1035 outlets in Mongolia, including 834 specialty stores, 134 car supermarkets and 69 shopping malls. However, the country's largest car dealer has now filed for bankruptcy and restructuring because it cannot afford to repay 17 million yuan of debt, with a shrinking market capitalization, a volatile company and huge profit losses. In May this year, the huge group borrowed 17 million yuan from Beijing Jidongfeng, which was finally appealed by Beijing Jidongfeng because it was unable to repay it within the time limit.

  Huge results for the first three quarters 2019-11-02
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  The net exposed: the huge group of car dealers has submitted an application for bankruptcy reorganization.

  The net exposed: the car dealer group, a huge group, has submitted an application for "bankruptcy reorganization" on May 17 this year and is currently waiting for court approval. Subsequently, Pang Qinghua (chairman of the giant group) also confirmed this in an interview with the media, but at the same time, Pang Qinghua also stressed that the 'bankruptcy reorganization' was initiated by Jidongfeng Company, a creditor of the giant group (Beijing Jidongfeng Automobile sales and Service Co., Ltd.) and was not applied by the giant group on its own initiative. On May 14th the giant group issued an announcement called "indicative announcement on the application for restructuring by creditors". The announcement shows that due to the huge group and 20.

  Bankrupt huge 2019-06-11
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  Was reported to have hollowed out the company! The chairman of a dealer group leaves office.

  Tianyan check information shows that on October 20, industrial and commercial changes took place in Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "Giant Group"). Huang Jihong stepped down as legal representative and chairman, and Cheng Zhengzhi took over. At the same time, the type of enterprise was changed from other joint stock limited companies (listed) to other joint stock limited companies (unlisted).

  Group huge Automobile Company Huang Ji Director Chairman Limited Co. Ltd. Capital position Dealer announcement shares China 2023-10-23
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  Revenue fell 30 billion, with a net loss of 6.2 billion yuan-a major crisis for large groups

  As the Chinese automobile market enters the stock competition, the market competition intensifies and other phenomena, the dealer group management level appears a great turning point, the operation continues to lose money, and the sale of stores has become the current survival situation of many dealer groups. The large group of large domestic car dealers reported a loss of more than 6 billion in 2018 and 500 million in the first quarter of this year. According to the report, the operating income of the giant group reached 42.034 billion yuan in 2018, down 40.37 percent from the same period last year, while the net profit belonging to shareholders of listed companies lost 6.155 billion yuan, down 3003.23 percent from the same period last year. 20...

  Loss revenue huge 2019-05-04
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  Sudden! More than 250 million shares of the founder of the auto giant dealer group will be put up for judicial auction!

  Recently, according to a notice issued by the huge Group on receiving the notice of the auction of the shares of the original controlling shareholder, it said it had received a notice from the Beijing No. 3 Intermediate people's Court. Guokai Securities Co., Ltd. and Pang Qinghua, Tangshan Jidong material Trade Group Co., Ltd., Beijing No. 3 Intermediate people's Court

  Huge groups companies announcements stocks Qinghua cars debts courts funds auctions people's courts people's rights creditors 2022-09-02
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  The huge group "wearing a star and wearing a hat" changed * ST was huge, falling to the limit on the first day of trading resumption.

  As a result of the court ruling to accept the restructuring, Giant Group shares were suspended for one day on September 6, September 9 was implemented delisting risk warning, the stock "wearing a hat" changed to * ST huge. On the first day of the resumption of trading, * ST opened a huge market, with 2.7 million running singles, which was hit into an one-word limit. As of press time, the stock fell 4.62%, 1.24 yuan per share, 4.686 million running orders, and the latest market capitalization was 8.28 billion yuan. According to previous reports, the giant group borrowed 17 million yuan from Beijing Jidongfeng in May this year, but it was eventually appealed to the court by Beijing Jidongfeng to restructure the era because it was unable to repay it within the time limit. September fifth.

  Huge 2019-09-09
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  Japanese parts giant exposed data fraud again, Toyota, Honda and others will be called back.

  After the flameout door of the electric fuel pump and the Takata defective airbag recall door, the Japanese parts giant exposed product defects again, which may lead to a large-scale recall of Japanese car companies around the world. According to CCTV Finance, citing Japanese media, Japan's largest supplier of car seat belts is suspected of tampering with data and a large number of products with safety risks may enter the market. Japan's Ministry of Land and Transport has asked car companies to prepare for a large-scale recall. The report pointed out that the Japanese auto parts manufacturer "Japan Junsheng Safety Systems Company" has carried out "data tampering" on some seat belts that did not meet the standards in the strength test. In April this year, due to internal lifting.

  Toyota Motor Co. Ltd. 2020-10-18
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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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  Relying on the rental and sale of stores, the huge group turned its net profit from losses to profits.

  On the evening of June 22nd, ST released its 2019 performance report, showing that its operating income reached 22.083 billion yuan in 2019, down 47.47% from the same period last year; the net profit of shareholders belonging to listed companies was 116 million yuan, an increase of 101.88% over the same period last year. In addition, the net profit attributable to non-deduction was-4.05 billion yuan, an increase of 40.76% over the same period last year. The huge group said in the financial report that in 2019, due to a serious shortage of funds, property cannot be realized and other reasons, it is unable to pay off maturing debts, resulting in a continuous downturn in 2019 due to a serious shortage of funds, resulting in the outage of a large number of distribution outlets.

  A large group 2020-06-23
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  Digital camera giant Canon has also entered the automobile industry.

  You still think Canon can only make cameras? No, no! Digital camera giant Canon has also announced its move into the auto industry. On January 16, several media reported that Canon announced that the company was looking for new types of business and said it would use optical lens technology to make car cameras for use in auto self-driving systems. According to media reports, Canon has signed a memorandum of cooperation with open source self-driving company Tier IV, the two sides will jointly develop L4 self-driving technology, while Canon will produce special car cameras for the company, in addition, Canon will also devote itself to driving monitoring.

  Canon marches into the automobile industry 2022-01-16
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  The two auto giants are exploring cooperation, and PSA Group and FCA Group are expected to cooperate in the production of electric vehicles.

  With the development of the Internet and electric vehicles, opportunities for cooperation among traditional automakers will become more frequent. After Volkswagen and Ford join hands, PSA and FCA are expected to jointly develop electric vehicles. According to foreign media reports, French car giant PSA Group is discussing a new cooperation model with FCA Group, and the two sides may jointly develop electric vehicles. Earlier, the news of the alliance between PSA Group and FCA Group was widely rumored in the industry, and finally FCA Group rejected this plan. According to foreign media sources, the two sides have reached a preliminary consensus that PSA Group and FCA Group will jointly develop an electric vehicle platform to reduce the development of electric vehicles.

  2019-04-02
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  Tesla is worth more than 1 trillion US dollars, surpassing the total market capitalization of auto giants.

  When U.S. stocks closed on Oct. 25, Tesla's shares rose 12.66 percent to $1024.86, with a market capitalization of $103 million (about 6.58 trillion yuan), breaking the $1 trillion mark for the first time, making it one of the trillion-dollar automakers. Musk tweeted today: "Crazy trillion moments!" It is worth noting that yesterday, Tesla Musk retweeted a tweet saying that Tesla, with a market capitalization of $808 billion, has exceeded the market capitalization of 11 traditional auto giants, including Volkswagen, General Motors, Ford and Honda.

  Tesla's market capitalization 2021-10-26