The Present Situation of Tang Chao, Chairman of Maggie Motors

Recently, Red Star News reporter learned that Tang Chao was born in 1986 and is 36 years old. He is the founder of Qimaiche Technology Group Co., Ltd., which claims to be the first platform-based 4S shop. In his early years, he made a fortune by selling cars. There are many companies and 4S stores under his name. He provided Red Star journalists with personal and company credit information forms and related documents frozen by the court. The reporter found through his company's debt list that its debt exceeded 1 100 million yuan, more than 20 million yuan of assets were frozen, waiting for the court to handle, and the debt was about 70 million yuan.

Tang Chao told Red Star News reporter that he was born in the countryside and didn't go to college. He started from an auto repair shop. After years of hard work, he started a number of companies, but later he got into trouble due to large-scale expansion. From the day he declared "substantial bankruptcy" on August 29 this year, he solved the customer problem, signed an agreement with employees on arrears of wages, and then rushed to major cities to deal with the debt problem. He said that he would not "run away" and pay off 70 million debts on his own.

The Red Star reporter learned that up to now, Tang Chao has not filed for bankruptcy. He called himself "basically bankrupt" and hoped to have a new opportunity to make a comeback.

Debt 70 million yuan

There is a wall of debt agreement and a table of official seals and business licenses left.

165438+1October19th, Red Star journalist contacted Tang Chao and came to his office in Dazhou, Sichuan. He saw this scene in an online video, with the agreement on the arrears of employees' wages posted on the wall and the seals and business licenses of dozens of companies on the desk.