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Suffering! The execution of Qoros Automobile exceeded 654.38+0 billion.
"Auto Industry Concern" learned from Tianyancha that Qoros Automobile Co., Ltd. has added a number of information about executed persons, with a total execution target of 33.84 million yuan. Among them, on April 3rd, Qoros added three pieces of information about the person to be executed, and the execution targets were 1 1803864.0 yuan, 13 19 1.0 yuan, 8500 154 yuan, respectively. On April 4th, 34,9961yuan was added as the execution target, and the execution court was Shanghai Pudong New Area People's Court.

In fact, since 2023, the information of the executed person of Qoros Automobile Co., Ltd. has been increasing. From June 65438+1 October1to April 7, 2023, the information of the executed person of Qoros Automobile increased by 6 1. As of press time, there are 267 cases of historical execution of Qoros Automobile, with the total execution amount of 10438+04592 million yuan.

In addition, the company still has many untrustworthy executors (Lao Lai), consumption restriction orders and final case information, and the total amount of unfulfilled cases exceeds 200 million, including untrustworthy executors 10, accounting for100%; 200 consumption restrictions; There were 229 legal proceedings, with a total amount of 565,438+0,748,453,9555,000 yuan, plaintiff/appellant status of 654.38+0,225,5064 yuan and defendant/appellee status of 505,294,7555,000 yuan.

At the end of March, many media reported that the Qoros automobile production base in Changshu Economic and Technological Development Zone was closed and the R&D department in Shanghai had also been evacuated. Since Qoros was blacklisted by Shandong Automobile Dealers Association last year, there has been no sales point of Qoros in Jiangsu, Zhejiang, Shanghai and Anhui. In addition, in May 2022, a lot of information about Qoros car auction appeared on the judicial auction platform. In February, 2022, the People's Court of Wuhu Economic and Technological Development Zone in Anhui Province issued an auction announcement, the target of which was the automobile production line equipment of Qoros Automobile Co., Ltd., and the starting price was about 65.438+0.23 billion yuan. The insiders believe that all the production lines of Qoros Auto have been auctioned by the court, which is not far from complete bankruptcy. Since then, a large number of new Qoros 7 cars have appeared on the judicial auction platform, including seized cars from Shandong, Zhejiang, Hubei, Henan, Chongqing and other regions.

Qoros Automobile is a brand owned by Baoneng, which originated from Chery. In 2007, Chery Automobile and Israel Group jointly established Chery Quantum Automobile Co., Ltd., 20 1 1 year, and the brand of Qoros Automobile was founded, which was highly anticipated. Yin Tongyue, chairman of Chery Automobile, once said, "Audi is the idol of Qoros, and Qoros should be modern in China." At that time, the competitors of the first model of Qoros aimed at Volkswagen Sagitar, and during the period of 20 14 -20 16, Qoros also successively launched four models, namely the three-door version of Qoros, the three-city SUV of Qoros, the five-seat SUV of Qoros and the three-seat GT of Qoros. However, due to the bleak sales performance of the automobile market, it continued to lose money (20 14-206544).

20 17 12, Baoneng Group has deep pockets, and strategically invested in Qoros Automobile to become a major shareholder, forming a tripartite shareholder holding of Baoneng, Chery Automobile and Quantum Company. 2065438+At the beginning of 2008, Baoneng Group acquired 5 1% of the shares of Qoros Automobile for 6.63 billion yuan and officially became the controlling shareholder of Qoros Automobile. 20 19 In June, Baoneng bought the shares of Quantum Company 12% again at the price of15.6 billion yuan, and the shareholding ratio of Baoneng Group in Qoros increased to 63%. The arrival of Baoneng Group has brought a brief glory to Qoros. The data shows that the sales volume of Qoros in 20 18 was 63,200 vehicles, up 320% year-on-year, of which the highest monthly sales volume increased by 400%. The reason is that this year's sales mainly came from the 95,000 cars that Baoneng ordered for Qoros through related car rental companies, so the sales of Qoros dropped rapidly and sharply.

At that time, Yao Zhenhua, the head of Baoneng Group, also announced that it would invest heavily in Qoros, spending 50 billion yuan on the research and development of new products of Qoros, and launch 26 new models in 2022. However, the ideal is always beautiful, but the reality is not. After the highlight moment of 20 18, the sales volume of Qoros dropped sharply. The data shows that in 20 19, the sales volume of Qoros vehicles dropped to 22,700, down 63.4% year-on-year. In 2020, Qoros released seven new cars, but it also failed to reverse the trend. In that year, the sales volume dropped to 1.3 1 10,000 vehicles again. By 202 1, under the influence of many factors, such as the loss of internal staff, the rights protection of external suppliers and distributors, and the failure of sales, the sales volume of Qoros was halved again. In 202 1 year, the sales volume of Qoros was only 5,200 vehicles, with an average monthly sales volume of less than 450 vehicles.

On June 5, 2022, 5438+065438+ 10, a document entitled "Executive Ruling of People's Court of Changshu City, Jiangsu Province" showed that Changshu City People's Court issued inquiry notices to financial institutions, online payment institutions, insurance institutions, securities institutions, real estate registration departments, vehicle registration departments and market supervision departments through the network implementation inspection and control system. After property inquiry and analysis, it is found that the deposit in the name of Qoros Auto is only 26,565,438.

However, it is difficult for Baoneng Automobile, the "big money owner" of Qoros Automobile, to be immune to it. In 20021year, due to financial problems, Baoneng Automobile was exposed to many problems, such as "shutdown of manufacturing base", "layoffs", "termination of employee social security" and "closing stores". Since then, it has been deeply mired in the liquidity crisis, faced with difficulties such as overdue payment of wealth management products and debt default, and had to reduce its shares in listed companies.

Recently, Shenzhen Yintong Qianhai Financial Assets Trading Center issued two investment announcements about Baoneng-related creditor's rights in official website, involving that a number of assets of Baoneng will be disposed of, namely Baoneng real estate entrusted loan creditor's rights and Baoneng automobile trust loan creditor's rights, including a number of collateral such as Shenzhen Longgang Baoneng Science and Technology Park, involving more than 7.6 billion yuan of creditor's rights. As of press time, Baoneng Automobile Group has been executed 55 times in history, with a total amount of 5,255,438+0.4096 billion yuan.

At present, Baoneng Automobile and Qoros Automobile are all chicken feathers in one place. We don't know where Baoneng Automobile and Qoros Automobile will go in the future under the negative news such as more and more information about the executors, auction of production lines and lawsuits. However, in the highly competitive automobile industry, survival of the fittest is the inevitable trend of the market. Whether the follow-up Baoneng Automobile and Qoros Automobile can turn over remains to be tested by time.

This article comes from the author's concern about the automobile industry. The copyright belongs to the author. Please contact the author for any form of reprint. The content only represents the author's point of view and has nothing to do with the car reform.