Zotye Auto, the major shareholder of which went bankrupt and liquidated, owed employees eight months' salary and was spit out by employees.

A public document uncovered the rumors of bankruptcy liquidation of Tieniu Group, the major shareholder of Zotye Automobile.

According to media reports, on the evening of July 7, Zotye employees sent a public document to the media, showing that Zotye Automobile and Tieniu Group Headquarters had not paid their employees' salaries for seven consecutive months because the headquarters of Tieniu Group had been confirmed to enter the bankruptcy liquidation procedure. In order to protect the legitimate rights and interests of temporary employees of Zhejiang Zhongtai Automobile Sales Co., Ltd., the salary settlement list of employees before the end of June 2020 is now publicized. Signed by the Human Resources and Social Security Bureau of Lin 'an District, Hangzhou.

The contents of the above documents clearly record that "the headquarters of Tieniu Group has been confirmed to enter the bankruptcy liquidation procedure". So, what is the relationship between Tieniu Group and Zotye Automobile? ?

According to media verification, as of March 3 1 day, Tieniu Group holds 38.78% of the shares of Zotye Automobile and is the largest shareholder of Zotye Automobile.

Zotye Automobile is facing unprecedented difficulties, major shareholders are facing bankruptcy liquidation, and the road ahead seems to be even more difficult. Zotye Auto, which owed its employees eight months' salary, once again faced the employees' spit.

An employee of Zotye Automobile posted on the Internet to defend his rights: "I am a grass-roots employee of Zotye New Energy Automobile. The company has been in arrears for 8- 10 months since last year, and the social security, provident fund and individual tax have been suspended for 8 months, so that my colleague's maternity allowance, work injury insurance, medical insurance card, household registration and house can't be bought. "

The employee said, "In April this year, some of our colleagues went to their district labor bureau to defend their rights, asked the government to intervene to help pay, and were told to apply for labor arbitration and go through legal procedures. Hundreds of people in the company are divided into different groups and apply for labor arbitration with free legal aid provided by the government. " ?

In mid-June, salaried employees welcomed the mediation results. Zotye reached an understanding with some employees on the payment amount and payment period, and signed an arbitration mediation. On June 30, all unpaid wages will be paid in full, otherwise they will face enforcement.

In order to usher in such a result, all employees are happy. However, when it comes to the completion of the results, Zotye Auto once again let the employees down. ?

Zotye employees said, "On June 28th, the lawyer told us that there was no hope of payment, and asked us to be prepared for enforcement, and asked us to go to the court to confirm which court we should apply for enforcement, the court where the company is located (Hangzhou) or the court where the property is located (Jinhua Yongkang). We went to the People's Court of Hangzhou Economic Development Zone to apply for enforcement and were told that it could not be accepted. "

Zotye employees also said that the civil litigation cases and enforcement cases of Tieniu Group's subsidiaries and affiliated companies have been moved to Yongkang Court for acceptance.

In other words, the promise of "paying all arrears of wages on June 30" reached by mediation in June seems to have been ruined. The only way out is to expect the court to enforce Tieniu Group.

It is understood that due to the changes in the market environment and the company's business problems, the production and operation of Zotye Automobile almost came to a standstill.

In addition, the loss of Zotye Auto also surprised the industry. On June 22nd, Zotye Auto officially released the 20 19 annual performance report. During the reporting period, Zotye Automobile's operating income in 20 19 was 2.986 billion yuan, down 79.78% year-on-year; The net profit was a loss of11.90 billion yuan, which plummeted 1498.98% year-on-year. ?

(Image from the Internet)

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.