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Has been filed for bankruptcy! A new force is executed for another 14.15 million yuan.

2024-04-22 Update From: AutoBeta NAV: AutoBeta > News >

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On January 2 and 3, Aichi Automobile (Shanghai) Co., Ltd. added two pieces of information about the person subject to execution, the object of execution is 14.1151 million yuan and 37700 yuan respectively, totaling 14.1528 million yuan. the enforcement courts are Tianjin Dongli District people's Court and Shanghai Songjiang District people's Court respectively.

Aichi Automobile (Shanghai) Co., Ltd., formerly known as Shanghai Gongbo Automotive Technology Co., Ltd., was established in February 2017. the registered capital and paid-in capital are both 101 billion yuan, and the legal representative is Guo Chao. Is an enterprise mainly engaged in professional and technical services. The company is wholly owned by Aichi Automotive Technology (Shanghai) Co., Ltd.

Tianyan check risk information shows that the company has a number of people to be executed, restrictions on consumption orders, breach of trust of the executor information. As of press time, the company has a total of three pieces of information about the person subject to execution, the total amount of which is 16.1334 million yuan. In addition to the above two items, the other one is November 1, 2023, the target of execution is 1.9806 million yuan, and the enforcement court is the Shanghai Jiading District people's Court. 1 case, the total amount of execution is 174000 yuan, the proportion of non-performance is 174000 yuan On March 15, 2021, the shares of the company were frozen by the Shanghai Jiading District people's Court for a period of 2 million RMB until March 14, 2024.

In addition, Aichi Automobile (Shanghai) Co., Ltd. also has four pieces of information about the person who failed to perform, with a failure rate of 100%. The latest one is December 4, 2023. Because of its ability to perform, the company refused to perform its obligations determined by the effective legal documents and was listed as the executor of breach of trust by the Shanghai Yangpu District people's Court.

As one of the early new power brands of car building in China, since March 2023, Aichi has been plagued with negativity, successively exposed a financial crisis, arrears of employees' wages, employees have to pay social security, headquarters office arrears to withdraw rent, factory shutdown and other negative information.

Today, Aichi Automobile Shanghai has been filed for bankruptcy. In November 2023, Anji Automotive Logistics (Shanghai) Co., Ltd. applied for bankruptcy liquidation with the Shanghai No. 3 Intermediate people's Court on the grounds that Aichi Automobile (Shanghai) Co., Ltd. was unable to repay its due debts and obviously lacked solvency.

Aiqi Automobile was founded in February 2017. its legal representative is Zhang Yang, with a registered capital of about 868 million yuan. It was founded by Fu Qiang, who once held important positions in FAW-Volkswagen, SAIC Volkswagen, Beijing Mercedes-Benz and Volvo. Headquartered in Shanghai Changyang Valley Creative Industrial Park, the production base is located in Shangrao City, Jiangxi Province, and was once one of the first new power companies to achieve mass production and delivery in China.

Up to now, Aichi has a total of U5 and U6 models, Aichi U5 is the first production car, officially listed in December 2019, positioning A+ intelligent pure electric SUV, the price range is 19.79-292100 yuan; Aichi U6 was launched in October 2022, based on MAS pure electric platform, positioning pure electric medium-sized SUV, the price is 219900 yuan.

Different from the mainstream new car-building forces in China, although it is not too late to establish Aichi Automobile, the focus of its development is not on the domestic market, but on the overseas market. Aichi Automobile is one of the first new energy car companies to set up overseas markets in China. It has set up electric sports car research and development centers and factories in Germany, as well as overseas divisions and European sales companies in Munich, but its delivery performance in overseas markets is not good. The industry believes that the more critical reason why Aichi is unable to open the market is that its product rectangle is very single and the recognition is not high.

Aichi no longer publishes sales figures since May 2023. Retail sales data show that from January to April 2023, Aichi sold 111 vehicles, including 94 Aichi U5 and 17 Aichi U6. Earlier, there were only 856 in 2022.

Tianyan check shows that since its establishment, Aichi has received a total of nine rounds of financing, and there is no lack of well-known investors, such as Ningde Times, DiDi, Tencent Investment, and so on. According to the publicly disclosed capital quota, the total financing has reached nearly 10 billion yuan. But even in this situation, the problem of capital chain is still an insurmountable problem for Aichi cars.

In July 2023, Aichi set up an interim working group on shareholder governance, including several working groups, with the aim of rectifying the company's business and resuming its daily operation. But now the car companies are experiencing a price war, the market competition is becoming more and more fierce, and the new force of car-making which is quiet in the car market is being eliminated at an accelerated rate. At present, it is still full of uncertainty about how Aiqi will develop in the future.

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