Core Viewpoint - Zhongtai Automobile's subsidiary has had its production line and related equipment auctioned off, with both the first and second auctions failing to attract buyers, indicating the company's inability to resume production this year [1] Group 1 - Zhongtai Automobile announced that its subsidiary, Hunan Jiangnan Automobile Manufacturing Co., Ltd., Chongqing Branch, has had its T300 model assembly line and related equipment auctioned by the Chongqing Banan District People's Court [1] - Both the first and second auctions for the production line and equipment have failed to sell, leading to the court's decision to enforce the dismantling of the assembly line and equipment [1] - The company has stated that it is unable to resume production of its first model, the T300, this year, raising concerns about its ongoing operational viability [1]
众泰汽车T300生产线设备遭司法拍卖流拍,今年无法复工复产