Car change news? A few days ago, we learned from relevant channels that 65438+February 2 *ST Zotye announced that Zotye
Car change news? A few days ago, we learned from relevant channels that 65438+February 2 *ST Zotye announced that Zotye Automobile Co., Ltd. recently received a civil ruling from Yongkang People's Court in Zhejiang Province, and learned that Zotye New Energy Automobile Co., Ltd. (hereinafter referred to as "Zotye New Energy"), a wholly-owned subsidiary of the company, was applied for bankruptcy liquidation by creditors on the grounds that it could not pay off its due creditor's rights and its assets were insufficient to pay off all its debts.
According to the relevant provisions of the Enterprise Bankruptcy Law of the People's Republic of China, it is ruled that the bankruptcy liquidation applications of the applicants Hangzhou Tiecheng Information Technology Co., Ltd. and Jinhu (China) Tire Sales Co., Ltd. against Zotye New Energy Automobile Co., Ltd. are accepted. Zhejiang Jingheng Law Firm was appointed as the bankruptcy administrator.
As can be seen from the announcement, Zotye New Energy is a wholly-owned secondary subsidiary of the company. After entering the bankruptcy liquidation procedure, if Zotye New Energy is subsequently transferred to the reorganization procedure due to legal circumstances, and the company, as a reorganization investor, promotes the successful reorganization of Zotye New Energy, Zotye New Energy will become an important profit source for the company and will play an important role in the company's sustainable operation and development. If Zotye New Energy is not transferred to the reorganization procedure and is finally declared bankrupt by the court, or if it is transferred to the reorganization procedure, the company will lose control of Zotye New Energy and Zotye New Energy will no longer be included in the scope of the company's consolidated statements.
In addition, Zotye's wholly-owned third-tier subsidiaries Hangzhou Jieneng Power Co., Ltd., Hangzhou Yiwei Automobile Industry Co., Ltd. and Zhejiang Zotye Automobile Sales Co., Ltd. were all ruled by Yongkang Court for bankruptcy liquidation, and Zhejiang Jingheng Law Firm was appointed as bankruptcy administrator.
In fact, Zotye New Energy has been bankrupt and liquidated for a long time. In April this year, Zotye New Energy was defended by employees because of unpaid wages, and a large number of employees participated in safeguarding rights and asking for wages in Hangzhou. Subsequently, Zotye responded to settle the salary of 20 19 before the end of June, and reissue the salary in 2020 after the normal operation of the company.
In addition to employees' salaries, Zotye New Energy also defaulted on suppliers' payment. For example, the bicycle power battery company sued Zotye New Energy Subsidiary Energy Saving Power in court, demanding the other party to pay the payment, and overdue payment of liquidated damages of 6160,000 yuan.
Previously, FAW Li Xia, Changfeng Cheetah, Lifan Brilliance, Hanlong Automobile, etc. Appear one after another. This time, Zotye New Energy was directly ruled bankrupt and liquidated, and the living conditions of marginal car companies were once again pushed to the forefront. We will continue to pay attention to more news.