Editor? |? freesky
If you count Shandong Guangrao tire giant, then Xingyuan tire group is definitely included. However, just recently, 95% of the shares of this tire giant changed hands!
It is striking that Song, the major shareholder of Xingyuan Tire Group Co., Ltd., recently withdrew from the list of shareholders, and the new major shareholder was changed to Dongying Kaitong Tire Co., Ltd.
At present, the legal representative of Xingyuan Tire is still Song, but the shareholders have become Song Xuekong (5% of the subscribed amount) and Dongying Kaitong Tire Co., Ltd. (95% of the subscribed amount).
It is reported that Dongying Kaitong Tire has two major shareholders, Yan Yongjie and Wang Faqing. Among them, Yan Yongjie is a suspected actual controller, and the subscription amount accounts for 68.72%.
At present, Yan Yongjie not only holds Dongying Kaitong Tire Co., Ltd., but also holds Dongying Xishui Group Thermoelectric Co., Ltd..
At present, Xingyuan Tire Group is still in normal production.
Does the change of shareholders of Xingyuan Tire Group have an impact on production? According to previous TV reports, Xingyuan Tire has now resumed work. Although there is a shortage of staff temporarily, the factory is still producing normally.
It is understood that the export orders of Xingyuan Group increased in February and March. Zhang Yan 'e, general manager of Xingyuan Foreign Trade Department, said: At present, the order received in March is about 200 million RMB. The factory is working overtime to ensure the smooth delivery of orders.
Xingyuan tire in its heyday
Already in deep debt.
Xingyuan Group, founded in 1994, is a large joint-stock private enterprise group. Official website shows that Xingyuan currently has more than 5,000 employees and more than 680 engineers and technicians, with total assets of 5.8 billion yuan and an annual output of 5.8 million sets of all-steel radial truck tires.
In 20 18, Xingyuan bias tire sold 2 1 10,000 sets, TBR sold 4.3 million sets, PCR sold 8.3 million sets, up 33% year-on-year, and the total import and export volume was 780 million US dollars, up 20% year-on-year. The group plans to go public in 3-5 years. This year, Song of Xingyuan Tire made the Hurun Global Rich List for the first time with 8.2 billion personal wealth, and his strength should not be underestimated.
However, Xingyuan Tire Group, which is in its heyday, still can't escape the curse of interconnection and mutual insurance, and eventually it is deeply involved in financial disputes with various banks. On September 8, 2007, Xingyuan Group officially took over the custody of Shengtai Group, but at this time Xingyuan Group was already burdened with huge loans, and Shengtai Group was almost unable to repay the interest. The interconnection and mutual insurance model of the two companies has become a burden for both parties.
Eye-catching investigation shows that Xingyuan Tire applied for three loans from the bank within two days from June 26th to 27th, with RMB 20119065137.08. Shengtai Group is the guarantor of this time, and it is jointly and severally liable for the loan repayment of Xingyuan Tire.
Under the pressure of mutual insurance and bank loans, the financial situation of Xingyuan Tire Group is becoming more and more difficult. 201965438+1kloc-0/9 Dongying intermediate people's court held a public auction on the equity of Dongying bank held by Xingyuan tire group co., ltd.
From April to July of 20 19, Xingyuan Group was successively listed as the executor by Dongying Intermediate People's Court, Jinan Intermediate People's Court and Guangrao County People's Court.
According to the judgment documents of June 2065438+2009, the Intermediate People's Court of Dongying City, Shandong Province sealed up the bank deposits of Xingyuan Tire Group Co., Ltd. and Shengtai Group Co., Ltd. about 65.438+0.2 billion yuan or other equivalent properties.
Subsequently, from 2065438 to July 2009, Shengtai Group applied to the court for bankruptcy and reorganization. Today, 95% of Xingyuan Tire Group is owned by Dongying Kaitong Tire Co., Ltd..
Chopin said:
Looking at the "interconnection and mutual insurance" mode of Shandong tire in recent years, many large tire enterprises rely on bank loans to accelerate their expansion in order to pursue short-term interests, which eventually leads to difficulties. Nowadays, Dongying Kaitong Tire has become a new major shareholder of Xingyuan, which may be the best opportunity for Xingyuan to get rid of the guarantee crisis and regain its vitality. In the future, we also look forward to seeing Xingyuan tide over the difficulties and enter high-quality development with a brand-new look in the new era.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.