The so-called feng shui turns, come to your home next year. In 2020, the automobile industry is more difficult to count than housing enterprises.
Affected by the epidemic, the domestic automobile market took the lead in entering the "freezing period". The first quarter of this year is almost the most difficult period in the domestic automobile market. Factory shutdown, supply chain interruption and difficult capital chain are all behind trailer companies. For head enterprises, it is good to maintain basic operations through the "cold winter", but it is even more difficult for enterprises that are already in the downward trend of the industry.
Recently, Zotye Automobile Co., Ltd. (hereinafter referred to as Zotye Automobile) announced the progress of bankruptcy of the controlling shareholder. The announcement shows that Tieniu Group Co., Ltd., the controlling shareholder of Zotye Automobile, went bankrupt.
This is not surprising. After Zotye, Ma Jun, Hanteng and Zotye New Energy successively received bankruptcy applications, we expected this day to come, but we didn't expect it to come so soon.
Zotye Automobile, established in 2003, once broke into consumers' field of vision with "replica" luxury cars, and also submitted annual sales of over 300,000 vehicles from 20 16 to 20 17 respectively. The good times didn't last long. Copying Dafa for a long time can't save blood. After missing the transition period, the sales volume of Zotye Automobile declined all the way until it stopped production.
In the following years (20 18 -20 19), zotye suffered huge losses, and the net profit returned to the mother after deducting non-profit for two years was-12.4 1 billion and-1.3/kloc-respectively. Before this year 1 1 month, the inventory sales volume was only 3573 vehicles, down 96.8% year-on-year. Zotye Automobile's semi-annual report in 2020 showed that its liabilities reached 654.38+04.356 billion yuan. This also means that the losses are increasing.
The bankruptcy of Tieniu Group undoubtedly made Zotye Automobile go to a desperate situation, and restructuring became its last struggle expectation.
Brilliance once had infinite scenery, far more brilliant than Geely and Chang 'an.
165438+1October 20th, and the ruling result shows that the application for creditor reorganization of brilliance auto group holding co., ltd was accepted. However, it was followed by the news that Brilliance Group was investigated for bond default.
Brilliance Group said that this restructuring only involves the independent brand sector of the group headquarters, and does not involve listed companies under the group and joint ventures with BMW and Renault. In fact, Brilliance Group can still see the joint venture plate, and the sales of its own plate are not good.
For this reorganization, it is also true and strange. Cui Dongshu, secretary-general of the Association, said that the semi-annual bond report of Brilliance Automobile Group in 2020 showed that the total liabilities of the Group were1328.44 billion yuan. After deducting goodwill and intangible assets, the asset-liability ratio is 7 1.4%, and the balance of cash and cash equivalents at the end of the period is 32.677 billion yuan. The equity value of BMW Brilliance, a subsidiary of Brilliance, is 654.38+000 billion yuan, and the annual profit of BMW Brilliance should be above 654.38+000 billion yuan. Generally speaking, assets are higher than liabilities. In this way, bankruptcy reorganization seems a bit magical.
Dongfeng Yulong Automobile Sales Co., Ltd., a subsidiary of Yulong Group, also officially entered the bankruptcy liquidation procedure before Brilliance went bankrupt and reorganized. According to Taiwan Province media reports, it is a foregone conclusion that Yulong Auto's own brand Nazhijie Auto will withdraw from the mainland market, and shareholders on both sides of the strait will negotiate to withdraw.
In fact, Na Zhijie also sold well when he first established himself in the mainland market. From 20 1 1 to 20 15, the sales volume of nazhijie increased from 7000 to about 60000. After all, it is a very cost-effective thing to spend a small amount of money on high configuration. After that, there was an endless "refueling stalk", and sales began to slump. By 20 19, the annual sales volume was only 2,000 vehicles, and only 77 vehicles were sold in the first nine months of this year (I don't know who bought them).
Discontinuation of sales has always been the current state of all models of Nazhijie. It is time to say goodbye!
Lifan first started from motorcycles, and the dark horse successfully entered the public's field of vision, and then switched to automobile manufacturing. However, in the era of rapid development of China's automobile industry, Lifan failed to keep up with the pace of development, resulting in high debts and forced bankruptcy.
Luck is not too bad. 165438+1October 10, Lifan shares officially released the reorganization plan (draft), revealing that Geely will take a stake in restructuring Lifan. It is even more reported that after the reorganization, Lifan will do OEM work for the battery-changing pure electric MPV Maple Leaf 80V under Geely Technology Group.
However, according to the information released recently, the actual controller of Lifan Holdings is Chongqing Manjianghong Enterprise Management Co., Ltd., with Liangjiang Fund and Geely Maijie holding 565,438+0% and 49% respectively. This means that Geely holds the equity of Lifan directly or indirectly, but the actual controller is Manjianghong Company. This is a good hope.
In addition, Changjiang Automobile recently publicly recruited investors for bankruptcy and restructuring; South Korea's Ssangyong Motor also filed for bankruptcy management on 65438+February 2 1. Companies such as Lindsay Automobile, Baiteng Automobile, Future Automobile and Huatai Automobile also exist in name only.
Who will be the next out? (Text/Lyme; Audit/orphan marks outside the dust)
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.