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  Geely officially participated in the restructuring of Lifan

  According to Lifan's latest announcement, Geely confirmed its participation in the judicial restructuring of Lifan. A few days ago, Lifan issued a "Progress notice on recruiting restructuring investors", saying that Chongqing Liangjiang Equity Investment Fund Management Co., Ltd. and Geely Maijie Investment Co., Ltd. as a consortium, the application materials for investors with intention to restructure were submitted to the manager in accordance with the provisions of the recruitment announcement. For the application materials, the manager conducted a strict examination; within the time limit specified by the manager, Liangjiang Fund and Maijie Investment paid a deposit and signed a confidentiality agreement. Confirmed by the manager, Liangjiang Fund, Maijie investment registration is valid, now as the intention to restructure investment ginseng.

  Lifan Geely 2020-10-03
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  Weimar after Geely Holdings denied to participate in the restructuring, where should Zhongtai go?

  August 16, in response to the news that Geely Holdings may participate in Zhongtai Automobile restructuring, Geely Holdings said that "Geely Holdings did not participate in Zhongtai restructuring." Some media previously reported that one of the investors who signed up for * ST Zhongtai restructuring was a company called Hunan Zhibo Smart car Equity Investment Partnership (hereinafter referred to as "Hunan Zhibo"), which was established in August 2021. Its shareholder is Hunan Zhibo Equity Investment Fund Management Co., Ltd., which previously participated in and terminated the restructuring of * ST Zhongtai (hereinafter referred to as "Zhibo Investment"). In January this year, * ST Zhongtai disclosed the relevance of pre-restructuring investors.

  Zhongtai Automobile 2021-08-16
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  Zhongtai Automobile was picked up by Jiangsu Shenzhen Merchants for 2 billion yuan as a ​​​​.

  Since Zhongtai Automobile announced bankruptcy reorganization, the progress of Zhongtai Automobile restructuring has also been concerned by the industry. If Zhongtai Automobile can smoothly implement restructuring, optimize the debt structure, and continue to operate, then Zhongtai can get back on the right track. If the restructuring fails, Zhongtai Motor will only face the road of bankruptcy. According to the announcement issued by * ST Zhongtai, on September 30, 2021, Jiangsu Shenshang holding Group Co., Ltd. was finally confirmed as the restructuring investor, Shanghai Titanium Kai Automotive Technology Partnership (limited partnership) and Hunan Zhibo Zhi car equity investment partnership (limited partnership.

  Zhongtai Automobile 2021-10-09
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  Resurrection is hopeful! Lifan restructuring plan and investor rights adjustment plan have been passed.

  Due to increased competition and shrinking volume in the domestic market, ​ 's performance has plummeted repeatedly because it is unable to pay off its maturing debts, and Lifan has already been filed for bankruptcy reorganization by the supplier. Thanks to the fact that it still has the value of restructuring, Lifan shares have made new progress in bankruptcy restructuring recently.

  Lifan 2020-11-26
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  Zhongtai Automobile: openly recruit investors and promote pre-restructuring work

  The independent car company Zhongtai Motors, which is absent from the Beijing Auto Show, has attracted the attention of consumers. The funding problem led to the suspension of work and production, and the creditors applied to the court for pre-restructuring because they were unable to pay off their maturing debts. Zhongtai Motor has not yet come out of its financial predicament. Recently, Zhongtai Automobile issued an announcement, openly recruiting investors and planning to introduce strategic investors to restructure its business. Zhongtai Automobile notice shows that Zhejiang Yongkang people's Court has accepted the registration creditor's application for pre-restructuring of Zhongtai Automobile Co., Ltd. (Zhongtai Automobile), and selected Zhejiang Jingheng Law firm as the pre-restructuring manager; Zhongtai Automobile said that in order to smoothly promote the pre-restructuring of Zhongtai Automobile.

  Zhongtai Automobile 2020-09-26
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  The wholly-owned subsidiary was ordered to restructure, and Zhongtai closed the limit again today.

  On May 17, Zhongtai Motor announced that the company had received a "civil order" issued by the Yongkang Court that the applicant's iron cow body was unable to pay off its due debts and obviously lacked solvency, but applied to the Yongkang Court for restructuring on the grounds that it was possible to restructure. Yongkang Court held that the debtor's iron ox body can no longer pay off the maturing debts, although the amount of book assets is higher than the amount of liabilities, but the cash flow is seriously insufficient, and the ability to realize assets is weak, so it should be found that there is an obvious lack of solvency. However, Tieniu body, as a supporting enterprise of the whole vehicle manufacturing company, has relatively high-quality vehicle parts production resources, restructuring value and possibility. The ruling is subject to.

  Zhongtai Automobile 2021-05-18
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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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  Layout of medium-and high-end new energy, Zhongtai Automobile restructuring Plan approved

  On November 31st, * ST Zhongtai issued a notice on the approval of the reorganization Plan by the Court. The company has received a Civil order from the Jinhua Intermediate people's Court, which approved the reorganization plan of Zhongtai Automobile Co., Ltd. at the same time, the reorganization procedure of Zhongtai Automobile Co., Ltd. was terminated. Affected by the news, * ST Zhongtai once again rose the limit, since the announcement of restructuring, * ST Zhongtai share price has risen more than 5 times. Review the road of Zhongtai Automobile restructuring: Zhongtai Automobile is an independent automobile brand in Zhejiang, which not only has the dual production qualification of "traditional fuel vehicles + new energy vehicles", but also in Zhejiang, Hunan, Hubei, Shandong, Chongqing and other places.

  Zhongtai Automobile 2021-12-01
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  As soon as the investor terminates, there is a temporary suspension, and Zhongtai has little hope of restructuring.

  Recently, * ST Zhongtai announced that it received a reply from Hunan Zhibo Equity Investment Fund Management Co., Ltd. on June 24, according to the relevant agreement of the confidentiality Agreement signed between Zhibo Investment and * ST Zhongtai in December 2020. to Bo Investment decided to stop investing in * ST Zhongtai. The announcement said that after a number of background knowledge and research, Zhibo Investment called on the company's pre-restructuring manager for the first time in Yongkang in September 2020, and then signed a "confidentiality agreement" with the company's pre-restructuring manager on December 28, 2020, and paid the insurance in accordance with the agreement.

  Zhongtai Automobile 2021-06-27
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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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  Ready to turn over? Zhongtai Automobile will promote high-end brands

  Recently, Zhongtai Motors disclosed its 2021 performance forecast that it is expected to achieve an operating income of 800 million to 900 million yuan in 2021 and a net profit loss of 400 million to 600 million yuan. From the performance forecast, although 2021 is still in a state of loss, but compared with the 2020 loss of more than 10 billion yuan, Zhongtai Motor has achieved a substantial loss reduction. Zhongtai Automobile said in the performance forecast that the 2021 restructuring plan has been completed and is expected to generate restructuring revenue of 20-2.4 billion yuan. However, because the subordinate automobile production bases are basically in a state of suspension of production, the production and sales volume of the whole vehicle is small, and the total sales income is low, resulting in business performance is still.

  Zhongtai Automobile 2022-01-31
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  The bank can't sit still! Zhongtai Automobile was applied for pre-restructuring after a huge loss of 10 billion yuan.

  On the evening of September 16th, * ST Zhongtai issued an indicative announcement on creditors applying to the court for company pre-restructuring. The announcement shows that Zhejiang Yongkang Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Zhejiang Yongkang Agricultural Commercial Bank"), on the grounds that Zhongtai Motor is unable to pay off its due debts and obviously lacks solvency, but still has restructuring value, apply to the people's Court of Yongkang City for pre-restructuring of the company, but whether the application of Zhejiang Yongkang Agricultural Bank can be accepted and registered by the court. There is still uncertainty about whether Zhongtai Motor will enter the pre-restructuring process. The content of the announcement said that in August 2019, Zhejiang Yongkang Agricultural Bank and other four banks.

  Zhongtai Automobile 2020-09-17
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  on an equal footing! Renault Nissan restructuring agreement finalised

  After months of negotiations, Nissan Renault's restructuring of the alliance has finally been finalized. On July 26, Renault and Nissan announced that the Renault-Nissan-Mitsubishi alliance restructuring agreement was formally confirmed that the two sides would hold 15% of each other's shares. According to the agreement, Renault's stake in Nissan will be reduced to 15% from the current 43.4%.

  Renault Alliance Automotive both sides Mitsubishi Electric restructuring Market Investment Company Electric vehicle Equity Global proportional share 2023-07-27
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  The net exposed that BAIC Yinxiang blocked the door to collect debts for the fourth time this year, and the restructuring is still in a fog.

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  The net exposed that BAIC Yinxiang which "reneged on its promise" was blocked to collect debts for the fourth time this year. 2019-11-03
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  BAIC Yinxiang reorganized, Chongqing Municipal Government signed a restructuring agreement with BAIC Group.

  BAIC Yinxiang Automobile Co., Ltd. announced that on August 30, the Chongqing Municipal Government and BAIC signed an agreement to promote the strategic restructuring of BAIC Yinxiang. BAIC Yinxiang did not disclose the details of the restructuring project. A person familiar with the matter told the media, "the Chongqing Municipal Government and BAIC will immediately repay the arrears of the remaining dealers, with a total amount of about 300 million yuan." From a notice of suspension of production in July last year, BAIC Yinxiang still failed to get out of the predicament and stopped production for more than a year. During this period, BAIC Yinxiang also encountered incidents such as salary demands by employees, door-to-door visits by dealers and suppliers. In mid-August, there was a suspected BAIC Yinxiang stop on the Internet.

  2019-08-31
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  The latest announcement! Brilliance restructuring Agreement "finalised"

  Following the identification of Shenyang Automobile Co., Ltd. (hereinafter referred to as "Shenyang Automobile") as a potential investor in restructuring, brilliance Automobile Group Holdings Co., Ltd. has made new progress in its restructuring process for nearly three years. On June 17, Jinbei Automobile and Shenhua Holdings issued announcements one after another to disclose the restructuring progress of brilliance Group, the controlling shareholder. Golden cup steam

  Shenyang brilliance group company automobile brilliance group limited limited SASAC investment Shenyang BMW holding creditor's rights enterprise 2023-06-19
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  Brilliance Renault "full termination of the contract", restructuring may be completed in June

  On December 30, 2021, according to the information of the national enterprise bankruptcy reorganization case information network, brilliance Renault Gold Cup Co., Ltd. filed for bankruptcy, the case number is (2021) Liao 01 Breaking Shen 24, and the handling court is the Shenyang Intermediate people's Court of Liaoning Province. both the applicant and the applicant are brilliance Renault Gold Cup. On January 12, brilliance China announced that brilliance Renault's application for reorganization had been accepted by the Shenyang Intermediate people's Court. The Huachen Renault liquidation team, led by Gao Wei, director of the Comprehensive laws and regulations Department of the State-owned assets Supervision and Administration Commission of the Liaoning Provincial people's Government, has been appointed by the Shenyang Intermediate people's Court as the manager of the reorganization. According to.

  Hua Chen Renault 2022-03-27
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  A real estate enterprise "revives" Zhidou Automobile, Geely is one of the shareholders

  On March 2nd, * ST Bank issued an announcement that in order to accelerate the company's strategic deployment in the field of new energy vehicle manufacturing and enhance the company's core competitiveness and sustainable development capability, the company intends to invest no more than 400 million yuan to participate in the Zidou automobile restructuring and restructuring plan change process. On the same day, * ST Silver billion signed a "memorandum" with the manager of Zhidou Automobile. As an investor in the new restructuring of Zhidou Automobile, the company intends to obtain the actual control and independent management rights of Zhidou Automobile, so that Zhidou Automobile can be reborn; at the same time, the company will pay an intention payment of 40 million yuan within 3 working days after the signing of the memorandum. Public information shows that Zhidou Electric Motor.

  Zhidou Automobile 2022-03-04
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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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  BAIC Yinxiang has crossed? The official issued a statement denying the dissolution and restructuring to solve the difficulties.

  A few days ago, an inside news about BAIC Yinxiang's "suspension of production and holiday" attracted attention. A screenshot of a group chat showed that BAIC Yinxiang would carry out a "holiday of 1-3 years" and wait to be reorganized to lay off employees, and employees would only give IOUs regardless of whether they went or stayed. On the 23rd, BAIC Yinxiang Automobile Co., Ltd. issued a statement: all are false information. BAIC Yinxiang official said that online "BAIC Yinxiang dissolution", "restructuring requires a holiday of 1-3 years", "compensation payment company will issue IOUs" and other information, as well as chat records, are false information. We will investigate the behavior of the relevant personnel who release false statements and information and disrupt the operation and restructuring of the enterprise.

  Release official BAIC 2019-08-24