For China’s auto companies, the current market environment is still not very optimistic, affected by the new energy subsidy policy in China, but also a few companies repairer home happy and some unhappy, for the current market environment and the repairer of the new forces of the various manifestations of view, in the tail of the repairer companies have begun to enter the playoffs, and we can feel that this knockout than we thought it would be in advance.
Recently, the judicial auction platform Taobao show, Ningbo City, Zhejiang Province Intermediate People’s Court will be the period at 10:00 on November 2019 to at 10:00 on November 2019 24 25, Lanzhou Electric Vehicle Co., know beans 100 percentage of the company’s equity auction starting price of 138 million yuan, the company assessed value of only 197 million yuan, 25 million yuan deposit, the rate of increase of 10 million.
Meanwhile, the announcement shows that the percentage of equity 100 beans Lanzhou know the car will be auctioned in fixed assets included construction plant, equipment, land use rights and production of electric vehicles and other qualifications. This shows that the car will be officially known beans into the judicial auction process, but it also shows that once glorious moment know beans car, encountered serious problems.
there are changes in operating assets
can see that in the bidding announcement, Ningbo City, Zhejiang Province, the Intermediate People’s Court of specially marked quot; Lot flaws quot ;, and this can also be said marked so far, the company is still operating assets will be some changes, the Gansu provincial government, municipal government Lanzhou, Lanzhou New Area Administrative Committee and the Lanzhou-known beans electric Vehicle Co., Ltd. had signed a corresponding agreement, there are certain restrictions on the specific business and conventions, specific advice to Lanzhou New Area economic development Council.
In fact, as early as June of this year, we know beans car was publicized as a dishonest person, the filing time for the January 7, 2019 Executive Court Ningbo Municipal Intermediate people’s Court, and was listed as the reason why is because people know beans dishonesty car payment obligation of more than 200 million yuan and the interest is not fulfilled. In fact, the car has been known to issue beans no secret, the outbreak of the crisis, its business has been exposed too early to know beans car had been marginalized at the beginning of the year.
former glory has faded
in our repairer enterprises, is relatively early to get involved in new energy automobile regarded Knowing beans companies, know beans brand was established in 2006, the main electric mini-car market and in 2012, when the new energy development has not vigorously, we know beans first product has been around at the time, known also by virtue of beans cars low price and high cost and other advantages, and soon occupied the new energy the lion’s share of the automotive market.
According to statistics, in 2017 alone A00-Class models D2, know beans will be sold up to 42,300 in the domestic electric passenger car sales ranking in second place, Chery and other companies behind them. As of 2017, cumulative sales of automotive know beans 100,600, accounting for 6 percent of domestic new energy automobile market share, 20 percent pure electric passenger car market share of 11 percent, mini electric car market share.
However, due to the new energy vehicles policy adjustments, in June last year, by the impact of the New Deal, the market share of over Liucheng A00-class car was severely affected. It can get 36,000 yuan in state subsidies in 2017, and now has dropped to 1.65 million. Meanwhile, sales of cars also known beans blew out, the data show that in 2018 total sales of cars beans known only 15,300, down 63.9 percentage, completed only 19 percentage early sales targets. So in the face of market competition test, the car does not know beans core products and core technology led to its lack of irreparable situation today.
Geely Automobile will then set?
In fact, as early as 2014, known beans on a joint venture with Geely Automobile, established know beans Electric Vehicle Co., Ltd., was holding a 45% Shares of Geely Automobile is the largest shareholder of beans known, from which more than helping to deliver knowledge and production know beans beans beans known D1 and D2 two models. But after two years, that is, July 25, 2016, Geely Automobile shares issued notice to change that to 621 million yuan Geely Automobile said its part of the transfer of know beans shares to a third party to make a separate application know beans pure electric passenger car qualification.
until March 2017, the company only to get a birth certificate for new energy vehicles,Access to independent production qualification. At that time, the founder Bao Wenguang new ocean Electrical Group is the largest shareholder, Geely Group is the second shareholder, Shenzhen Zhiyuan Fuhai is the introduction of new shareholders. Geely is also only a percentage of shareholding 26.44, the same time, after the transfer of shares, known beans automotive products and investment is also much larger than that.
This time, though shareholders and creditors are expected Geely Group can in this auction, to know beans automotive restructuring. However, on the current knowledge bean car point of view, its own internal problems and the current energy situation in the automotive industry as a whole there is a big problem, so, Geely Group probably will not temerity to accept quot; hot potato quot ;.
wrote at the end of the text
In fact, the entire equity interest in the auction to know beans cars, are not completely back slope factor of new energy subsidies, the fundamental reason lies know beans cars in the grasp of market direction and market when the decision is not enough precision, and in research and development and technical reserves, know beans car and no advantage at all.
Therefore, know beans car missed the best period of development, we did not come up with the best products in the new energy competition in full swing when that rely on short-term interests, will ruin their future, become one of the first out of the market in car prices.