威马复活在即，正交接资产？记者实探：威马汽车已进宝能展厅

Group 1 - Baoneng Automotive has reportedly completed the acquisition of WM Motor, with asset transfer currently in progress [5][7][8] - Shenzhen Xiangfei, a car sales company, is identified as the sole strategic investor in WM Motor's bankruptcy restructuring plan, with connections to Baoneng Automotive [3][4][8] - The restructuring plan for WM Motor has been approved by the Shanghai Third Intermediate People's Court, allowing for a legal framework to support the investment and operational revival [4][9] Group 2 - Baoneng Automotive is facing significant financial challenges, with over 12 billion yuan in executed amounts and frequent employee wage disputes [4][10] - The company is launching a new microcar, the Youbaoli A3, which is seen as a critical step towards resuming operations [12] - Baoneng Automotive is actively recruiting franchisees for the Youbaoli brand, indicating a strategy to expand its market presence despite ongoing financial difficulties [12][13]