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  Evergrande divested and 14.8 billion transferred its entire stake in Guanghui Group.

  In order to promote the development of automobile sales and other areas, Evergrande Group formally joined Guanghui Group in September 2018, becoming the second largest shareholder of Guanghui Group. Guanghui Automobile, a subsidiary of Guanghui Group, is the largest car dealer group in China. Unexpectedly, two years later, Evergrande Group completely divested. On November 1, Guanghui Automobile announced that Evergrande Group, Shenneng Group and Sun Guangxin, the actual controller of the company, signed an equity transfer agreement on the target company Guanghui Group. Evergrande Group sold its 40.964% stake in Guanghui Group to Shenneng Group for a total price of 14.85 billion yuan.

  Evergrande Group Distributor 2020-11-01
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  The merger of the two major automobile groups, PSA and FCA, has been smooth and will be officially merged early next year.

  The planned merger of PSA (Peugeot Citroen) and FCA (Fiat Chrysler) will proceed as scheduled, and the merger will be completed in the first quarter of 2021 at the latest. Affected by the epidemic and other factors, the merger of PSA Group and FCA Automobile Group has been questioned by the outside world. In response to this, Tang Weishi, CEO of PSA Group, said at the annual shareholders' meeting on June 25 that the pandemic phase was not the time to re-examine the deal with FCA Automobile Group, and warned all parties not to attempt to undermine the merger plan of PSA Group and FCA Automobile Group. Tang Weishi also stressed that he is very trustworthy.

  Peugeot Citroen FCA Group 2020-06-27
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  Investors increase their holdings, the top management of the group changes greatly, and the restructuring of a large group is full of unknown.

  The manager of the giant group has officially started the declaration, registration and review of creditor's rights. as of October 18, 2019, the first creditor meeting will be held in the national enterprise bankruptcy reorganization button information network in the form of a network meeting on October 25, 2019. According to the previous announcement issued by the huge group, Shenzhen Shenshang holding Group Co., Ltd., Shenzhen Yuanwei Asset Management Co., Ltd. and Shenzhen National Transport Technology Group Co., Ltd. formed a consortium to increase the holding of shares in the huge group within 90 days from the date of the announcement, the amount of increase is between 300 million yuan and 400 million yuan, but the number of shares is not higher than that of the company.

  Large group restructuring 2019-09-22
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  Volkswagen China management structure adjustment!

  On June 17, Volkswagen Group announced a fundamental adjustment of its management structure in the Chinese market. Since August 1, 2022, the board of directors of Volkswagen Group in China has become the group's cross-brand central decision-making organization in China. Among them, the official official announcement of the post of CEO of Volkswagen Group (China), which has attracted a lot of attention.

  Volkswagen Automotive Group China Volkswagen Group Market Brand Volkswagen sales Management Global Business car use Electric Architecture 2022-06-18
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  The two major automobile groups officially merged, and Stellantis Group ranked fourth in the world.

  As early as December 2019, Peugeot-Citroen (PSA) and Fiat Chrysler (FCA) issued a statement agreeing that they would form a new group with a share ratio of 50:50, which would become the fourth largest automotive group in the world after Volkswagen, Toyota and Renault-Nissan-Mitsubishi, with their brand names unchanged. Progress on the merger of PSA and FCA has been emerging in 2020, including Dongfeng Motor's approval of the merger, the name and LOGO of the new group, the members of the board of directors of the new group, the date of establishment of the new group, and so on. After 1.

  FCA PSA 2021-01-17
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  With 365 4S stores, Zhongsheng Group's half-year profit has increased to 2.3 billion yuan.

  Zhongsheng Group, the second largest car dealer group in China, has maintained a good momentum of development and achieved profit growth at a time when the new car market is declining. In 2020, under the impact of the epidemic, Zhongsheng Group also handed over a half-yearly performance report on profit growth. On Aug. 10, Zhongsheng Holdings released first-half results, with revenue of 58.203 billion yuan, up 1.4% from a year earlier, while profits attributable to owners of the parent company were 2.29 billion yuan, up 10.1% from a year earlier. Li Yanwei, a member of the expert committee of China Automobile Circulation Association, said, "Zhongsheng released its interim results, which can."

  Zhongsheng Group 2020-08-10
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  Volkswagen Group's global sales hit an 11-year low

  According to the latest figures released by Volkswagen Group, Volkswagen Group sold 8.2826 million new cars in 2022, down 7.0% from a year earlier and an 11-year low. According to auto industry inquiries, Volkswagen Group delivered 8.16 million vehicles in China in 2011, 2012-2021

  Volkswagen Automotive Group Market sales Global Volkswagen Group China Electric Electric vehicle growth Max New car Volkswagen Group Brand 2023-01-15
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  PSA and FCA merge, denying forming a new joint venture in China

  After more than a year of ​, the merger between Peugeot-Citroen (PSA) and Fiat Chrysler (FCA) has finally been settled. How to merge the joint ventures of the two companies in China has also become a concern both inside and outside the industry. A few days ago, the new group Stellantis issued a statement denying that it was planning to set up a new joint venture in China.

  PSA and FCA 2021-01-18
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  The Chinese management of Stellantis Group has been greatly adjusted!

  On November 1st, Stellantis Group issued a notice of management change in China. Since November 1st, Gr é goire Olivier, former chief operating officer of Stellantis Group China, has served as the "Ste" of Stellantis Group.

  Group Automotive Product Global Company Market Strategy China Cooperation International Director sales Management Business Brand 2023-11-01
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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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  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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  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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  Brilliance Group was fined 53.6 million yuan for financial fraud and other violations.

  On the evening of April 20, Jinbei Automobile and Shenhua Holdings announced that brilliance Group, the company's indirect controlling shareholder, had received a "prior notice of administrative punishment" from the China Securities Regulatory Commission. Brilliance Group disclosed 2017, 2018 annual reports suspected of false records and other problems, was fined a total of 53.6 million yuan, ordered to correct and given a warning. The contents of the announcement show that the annual reports of 2017 and 2018 disclosed by brilliance Group are suspected of having false records, and brilliance Group is suspected of fraudulently obtaining approval for the public offering of corporate bonds with false declaration documents. Brilliance Group non-public offering corporate bonds disclosure documents suspected of being false.

  Brilliance Group 2021-04-21
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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 reorganization plan of the huge group has been finalized, and Pang Qinghua and other related natural persons will "withdraw from the group".

  After three months, the restructuring plan of the huge group has finally been finalized! On December 11, Giant Group announced that the Intermediate people's Court of Tangshan City, Hebei Province approved the "reorganization Plan of Giant Automobile Trade Group Co., Ltd." and terminated the reorganization process of Giant Automobile Trade Group Co., Ltd., and officially entered the stage of reorganization implementation. According to a 38-page restructuring plan, the total book assets of the giant group are 30.2 billion yuan. According to the market value method, the total evaluation value is 9.766 billion yuan. According to the liquidation value method, the total evaluation value is 5.017 billion yuan. Have applied.

  A large group 2019-12-12
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  GAC GROUP's semi-annual report in 2019: revenue was 168.685 billion yuan, down 2.27% from the same period last year.

  GAC GROUP released the 2019 semi-annual report, according to its data, GAC GROUP, together with joint ventures and joint ventures, achieved a total operating income of about 168.685 billion yuan, down 2.27% from the same period last year. The combined operating income was about 28.351 billion yuan, down 23.79% from the same period last year. The net profit was about 4.919 billion yuan, a decrease of about 28.85% over the same period last year. In terms of sales, in the first half of this year, GAC GROUP achieved auto production and sales of 948200 and 999600 respectively, down 9.49% and 1.69% compared with the same period last year; terminal sales were 1.0228 million, up 6.79% from the same period last year.

  GAC GROUP Guangzhou Automobile Group 2019-08-31
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  A transfer order! The Deputy Secretary of the Party Committee of Dongfeng Group stepped down.

  On April 4, Harbin Electric Power Group issued a personnel change on its official WeChat account, announcing the adjustment of the general manager of Harbin Electric Group Co., Ltd. Harbin Power Group said: "entrusted by the leadership of the Organization Department of the CPC Central Committee, the responsible comrades of the relevant cadre bureaus of the Organization Department of the CPC Central Committee announced the decision of the Central Committee on the adjustment of the general manager of Harbin Electric Group Co., Ltd.

  Group Dongfeng company automobile Huang Wei limited limited electric director Dongfeng automobile group position deputy secretary of committee general manager manager secretary 2023-04-05
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  Behind the senior personnel change of GAC: the promotion of independent brand and new energy status

  GAC GROUP announced that the leading cadres of the group headquarters and some enterprises will be adjusted from August 1. The main adjustments are as follows: Feng Xingya, general manager of GAC GROUP, concurrently served as chairman of GAC NE; Liu Wei, secretary of the party committee of GAC MOTOR, concurrently served as head of GAC GROUP's vehicle department; Hu Su, chairman of Dasheng Science and Technology, also served as head of GAC GROUP's data and information department; Zhang Yuesai, former chairman of Guangzhou Automobile Business and Trade, took over as general manager of GAC MOTOR. Yu Jun stepped down as chairman of New Energy and general manager of GAC MOTOR and became the head of GAC GROUP International Business Department. For this personnel adjustment, GAC GROUP said, "this is to deepen the organizational structure."

  New Energy Guangzhou Automobile Promotion Brand Independence 2019-08-02
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  irretrievabl! The huge group was issued a warning letter by Hebei Securities Supervision Bureau.

  On May 23, * ST announced that the shares of Giant Automobile Trade Group Co., Ltd. (hereinafter referred to as "the Company") closed at 0.44 yuan per share on May 22nd, which has closed below RMB 1 for 18 consecutive trading days. Even if it goes up by the limit for the next two trading days, there will be 20 consecutive stock prices.

  Huge Group Company Automobile Dealer Securities Supervisor Supervision China Hebei performance measures risk Baru largest listed company 2023-05-23
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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