ZOTYE(SZ:000980) Zheng Quan Shi Bao·2025-09-01 13:45Core Viewpoint - The company faces significant operational challenges due to the forced auction and dismantling of its T300 vehicle assembly line, leading to uncertainty in its ongoing viability [1][3]. Group 1: Legal and Operational Challenges - The assembly line and related equipment for the T300 model were subject to judicial auction by the Chongqing Banan District People's Court, with both initial and secondary auctions failing to attract buyers [1]. - The court has mandated the complete dismantling of the assembly line and equipment by September 15, 2025, with ongoing demolition work already in progress [3]. Group 2: Financial Performance - The company reported a sales revenue of 280 million yuan in the first half of 2025, reflecting a year-on-year increase of 12.61%, but still recorded a net loss of 148 million yuan, which is a 42.82% reduction in losses compared to the previous year [4]. - Due to a lack of operational funds, the company has been unable to resume production, resulting in continued financial losses [4]. Group 3: Future Outlook - Despite the current challenges, the company has indicated plans to restore mass production of the T300 model by 2025, supported by ongoing efforts in overseas market expansion and supply chain optimization [3]. - The company is also developing a mid-to-long-term product plan, with multiple new products set to enter the research and development phase [3].