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  Jiangling Motor sold its wholly-owned subsidiary and Volvo took over.

  On May 8th, Jiangling announced that it plans to sell 100% of its wholly-owned subsidiary Jiangling heavy truck Co., Ltd. (hereinafter referred to as "Jiangling heavy truck") at a price of no less than 764 million yuan through the public listing of the Shanxi property Rights Exchange Market Co., Ltd. After the completion of the transaction, Jiangling will no longer hold a stake in Jiangling heavy truck. Three months later, Jiangling heavy truck ushered in the "catcher". On August 24th, Jiangling issued an announcement that by the expiration of the listing announcement, the sale of the transaction shares had been solicited from an intended transferee, namely Volvo Lastvagnar Aktiebolag....

  Jiangling Motors 2021-08-25
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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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  The situation is endangered and many subsidiaries of Zhongtai are restructured / liquidated.

  On the evening of December 9, Zhongtai Automobile issued a notice on the acceptance and reorganization of a wholly-owned secondary subsidiary by the court, which said that Zhongtai Automobile Co., Ltd. (hereinafter referred to as "Zhongtai Automobile") recently received a "Civil order" issued by Zhejiang Yongkang people's Court (hereinafter referred to as "Yongkang Court"). Learned that Yongkang Court ruled to accept the reorganization of Zhejiang Zhongtai Automobile Manufacturing Co., Ltd. (hereinafter referred to as "Zhongtai Manufacturing"), a wholly-owned second-class subsidiary of the company. According to the announcement, Jinfeng Technology (Shenzhen) Co., Ltd. applied to Yongkang Court for manufacturing of Zhongtai on the grounds that Zhongtai Manufacturing could not pay off its maturing debts and its assets were insufficient to pay off all its debts.

  Zhongtai Automobile 2020-12-09
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  Selling a car is not enough to rent a car! Weima wholly-owned acquisition of Jinkai Hongda car Leasing Co., Ltd.

  According to Tianyan check data, Weima Automobile main body company Weima Wisdom Travel Technology (Shanghai) Co., Ltd. wholly acquired Beijing Jinkaihongda car Rental Co., Ltd. It is understood that Beijing Jinkai Hongda car Leasing Co., Ltd. was established in December 2013, with a registered capital of 5.5 million yuan. Its main business includes car rental, sales of auto parts and family labor services. It is worth noting that in terms of online car-hailing and smart travel, Weima Automobile acquisition and joint venture has set up four leasing companies. In April 2018, Weimar acquired Shanghai Junyou car rental for 15 million yuan.

  Weimar car 2019-11-06
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  Facing the risk of bankruptcy, 10 subsidiaries of Lifan were applied for judicial reorganization by creditors.

  With continuous losses, Lifan shares are mired in a debt crisis. On July 10, Lifan shares announced that 10 wholly-owned subsidiaries were applied to the court for judicial restructuring by creditors because they were unable to pay off their maturing debts, and the company would risk being declared bankrupt due to the failure of the restructuring. In a notice on creditors applying to the court for judicial restructuring of the company's wholly-owned subsidiaries, Lifan shares revealed that 10 of the company's subsidiaries had been applied for judicial restructuring by creditors because they were unable to pay off their maturing debts. The companies that have been applied to the court for judicial reorganization by creditors include Lifan passenger cars, Lifan automobile sales, Lifan import and export company, Lifan motorcycle hair.

  Lifan automobile 2020-07-11
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  Big investment! Volkswagen sets up a new wholly-owned company in China

  At the Shanghai International Auto Show, the German Volkswagen Group announced that it will set up a new company in China, focusing on the R & D, innovation and procurement center of intelligent network-connected electric vehicles, which will be located in Hefei. It is understood that Volkswagen Group plans to invest about 1 billion euros in this new company, and the name of the new company project is "10."

  Volkswagen Automotive China Group Company Volkswagen Group Market Development Global Enterprise Electric Brand Volkswagen Model Joint Venture 2023-04-19
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  GAC listed to sell shares in its subsidiaries, and co-founded cars may take over.

  Recently, GAC GROUP announced that GAC MOTOR Co., Ltd., a wholly-owned subsidiary (hereinafter referred to as "GAC MOTOR"), will transfer its 49% stake in GAC MOTOR (Hangzhou) Co., Ltd., a wholly-owned subsidiary, through the Guangzhou property Exchange. The reserve price of the public listing transaction shall be no less than 1.2388083 billion yuan (subject to the results of the archived evaluation report) as the basis. At the same time, GAC MOTOR (including related parties) will transfer the 246.0322 million yuan held by GAC MOTOR (Hangzhou) Co., Ltd. by agreement.

  Hechuang Automobile 2021-11-16
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  Geely withdrew from Baidu's wholly-owned acquisition of Jidu Automobile? Official response

  According to the APP, the industrial and commercial change took place in Jidu Automobile Co., Ltd. on June 28th. Shanghai Huapu Automobile Co., Ltd., an affiliated company of Zhejiang Geely holding Group, withdrew. The shareholding of Baidu affiliated company, Bairuixiang Venture Capital Management Co., Ltd., rose to 100%, which was funded by 1.1 billion.

  Automobile company intelligence driving Geely cooperation product limited model group domain Yiping technology co. Ltd. holding 2022-06-30
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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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  Geely wholly-owned Meizu, Huang Zhang withdrew completely

  Tianyan check shows that on December 29th, industrial and commercial changes took place in Zhuhai Meizu Technology Co., Ltd., former shareholder Huang Zhang, Tianyin Communication holding Co., Ltd., Zhuhai Honghua New Kinetic Energy Equity Investment Fund (limited partnership), Haitong Innovation Securities Investment Co., Ltd., Geely holding company Wuhan Xinji Meizu Technology, etc.

  Mobile phone Technology Company Market Limited Geely Intelligence Co. Ltd. system Brand Times Xiaomi Automobile Star Zhuhai 2022-12-30
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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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  Zhongtai Automobile is in a deep business crisis, and the vice president of the company announced his resignation.

  Zhongtai Motors announced on March 17 that the board of directors recently received a written resignation report submitted by Mr. Deng Xiaoming, vice president of the company. Mr. Deng Xiaoming resigned as vice president of the company for personal reasons. After resigning as vice president of the company, Mr. Deng Xiaoming will no longer hold any other positions in the company. In addition, Zhongtai Automobile also issued a notice on the same day that in order to ensure the normal turnover of working capital of Hunan Jiangnan Automobile Manufacturing Co., Ltd., a wholly-owned third-tier subsidiary of Zhongtai Automobile, and to ensure the completion of the production and marketing of various models, Zhongtai Automobile will provide joint credit for Jiangnan Automobile to apply for 550 million yuan of credit to Xiangtan Branch of Huarong Xiangjiang Bank Co., Ltd.

  Zhongtai Automobile Junma Automobile Tieniu Group 2020-03-17
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  Honda claims to adhere to the existing joint venture model and will not abandon Dongfeng and Guangzhou Automotive teammates.

  After the restrictions on joint venture shares in the automobile industry have been phased out, brilliance BMW has become the first company to taste fresh, and will more foreign car companies join the ranks? A few days ago, Honda executives made it clear in an interview that Honda will not give up its joint venture model in China. Honda's head of intellectual property Standardization Co-ordination Department said, "even if China's auto industry opens the 50% maximum shareholding limit, Honda will not change its existing cooperation model with Chinese car companies." will adhere to the strategy of not wholly-owned or controlling development in China. " It also said that to understand the Chinese market, we cannot rely on Honda alone, but must cooperate with local car companies.

  Honda Guangzhou Automobile Honda Dongfeng Honda 2019-03-07
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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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  Geely acquires 49.9% stake in Proton Motor

  On January 20, Geely announced on the Hong Kong Stock Exchange that Linkstate, a direct wholly-owned subsidiary, entered into a Proton agreement with Geely International Hong Kong. Geely International Hong Kong conditionally agreed to sell and Linkstate conditionally agreed to buy Proton sales shares and sales loans at a consideration of RMB 10.

  2023-01-21
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  FAW and Toyota decided to reorganize the management system and unify the management by a subsidiary.

  Toyota and FAW of China decided to reorganize the management system of the joint venture FAW Toyota. According to official sources, Tianjin FAW Toyota Motor Co., Ltd. (TFTM) will become the overall enterprise of FAW Toyota, while other FAW Toyota vehicle and engine manufacturers will be included as its wholly-owned subsidiaries.

  FAW Toyota reorganizes its management system 2020-04-28
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  Great Wall Motor may sign a special investment contract in Russia and invest about 470 million US dollars in the Tula plant.

  In June this year, Great Wall Automobile's first wholly-owned overseas manufacturing plant, the Great Wall Automobile Russian Tula Plant (hereinafter referred to as "Tula Plant"), was officially completed and put into production. Great Wall Automobile Harvard F7 went offline and listed overseas. On the same day, China Great Wall Motor Company, which opened a factory and put into production in Tula, intends to sign a special investment contract with the Russian Ministry of Industry and Trade. The document pointed out: "during the 2019 St. Petersburg International Economic Forum, the Tula state government, the Russian Ministry of Industry and Trade and the Great Wall Automobile subsidiary plan to sign an agreement of intention to conclude a special investment contract." Plan to build internal combustion engine, automatic transmission production plant, at the same time make chassis,.

  Factories cars the Great Wall investment 2019-07-08
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  SAIC "intercepts Hu" BAIC acquires Shenzhou Rental car and may become the largest shareholder.

  On the evening of July 2, SAIC announced that its wholly-owned subsidiaries SAIC Hong Kong and Shenzhou Youche and Amber Gem, a subsidiary of Warbug Pincus Fund, signed an "acquisition offer" to acquire no more than 613 million shares held by each of them in cash at a total price of no more than HK $1.902 billion. At the same time, China car Rental issued a notice saying that the main shareholder, China excellent Automobile, has signed an offer with SAIC Hong Kong, which intends to purchase no more than 443 million shares of the company from the Shenzhou excellent car seller at a price of HK $3.10 per share.

  Shenzhou car Rental SAIC 2020-07-03
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  The road is long! Change the name of Changan New Energy

  On September 26, the industrial and commercial change occurred in Chongqing Changan New Energy Automobile Co., Ltd., and the enterprise name was changed to Chongqing Zhilaida Road New Energy Co., Ltd. According to the data, Changan New Energy vehicle was founded in July 2008. its legal representative is Su Ling, with a registered capital of 29 million yuan, and its business scope includes Xineng.

  Automobile Changan New Energy Changan Automobile Co. Ltd. Technology Avi Market Deep Blue Business wholly-owned Capital Shangri-La 2023-09-29
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  Luxury brands are the most profitable this year. Yongda Automobile Group acquires a number of luxury 4S stores.

  Yongda Automobile Group is one of the top ten car dealers in China, mainly engaged in luxury car brand dealers. Yongda announced on Oct. 2 that it would buy the seller's 4S store business for 830 million yuan, including Porsche, Mercedes-Benz, Lexus 4S and a Tesla authorized maintenance center. Yongda announced that the Company entered into a sale and purchase agreement with InchcapeOverseasLimited, a direct wholly-owned subsidiary of the seller Inchcape, under which the Company conditionally agreed to acquire and the seller agreed to sell all of the target company Yingzhijie Asia Pacific Co., Ltd.

  The present situation of 4S store management 2019-10-02