Brilliance Group's debt default is 6.5 billion?

Yes, after the supplier applied for bankruptcy reorganization, Brilliance Auto confirmed the amount of debt default. Brilliance Auto Group announced that at present, Brilliance Auto has constituted a total debt default amount of 6.5 billion yuan and overdue interest amount of 65.438+0.44 billion yuan. Due to the shortage of funds in the enterprise, the approval of continuing credit extension was not completed, which led to the inability to repay.

At the same time, the default of Brilliance Auto's debt has an impact on the production and operation of Brilliance Auto's headquarters, which leads to the deterioration of financial situation and greatly affects its solvency.

Brilliance Group also said in the announcement that it is actively negotiating with relevant creditors, and at the same time, it will increase fund raising efforts, speed up the work related to clearing debts and revitalizing assets, and strive to properly resolve debts.

Extended data

Brilliance Group is mainly supported by BMW Brilliance;

The financial report shows that in the first half of this year, Brilliance Group's revenue was 84.6 billion yuan and its net profit was 6.3 billion yuan. In the same period, Brilliance China's net profit was 4.045 billion yuan, which contributed nearly two thirds of the net profit. Behind the brilliant achievements of Brilliance China is mainly the support of BMW Brilliance.

If the investment income brought by BMW is excluded, Brilliance China will lose money year after year. According to relevant statistics, from 20 15 to 20 19, the losses excluding BMW Brilliance's profit share were 540 million yuan, 600 million yuan and 860 million yuan, 420 million yuan and10.64 million yuan respectively, and the overall loss was 3.484 billion yuan.