2亿元销售公司成立，威马“复活”再进一步？

Core Viewpoint - WM Motor is making significant progress towards a potential revival, with the establishment of a new sales company, Zhima Xing (Wenzhou) New Energy Vehicle Sales Co., Ltd, which may serve as the new entity for WM Motor post-bankruptcy [1][2]. Group 1: Company Developments - Zhima Xing was established with a registered capital of 200 million RMB, focusing on the sales of new energy vehicles and related components [2]. - The company is wholly owned by WM Motor Manufacturing Wenzhou Co., Ltd, which has a registered capital of 4.04 billion RMB and is a subsidiary of WM Motor Technology Group [2]. - WM Motor's official account hinted at positive developments with a message stating "good things are coming soon" [2]. Group 2: Historical Context - WM Motor was founded in 2015 and was a leading player in the new energy vehicle sector, achieving significant sales from 2018 to 2020, with a delivery volume of 16,900 units in 2019, ranking second among new car manufacturers [3]. - However, the company faced severe challenges starting in 2022, leading to factory shutdowns and dealer closures, culminating in a bankruptcy restructuring application in October 2023 [4]. Group 3: Future Plans - The restructuring investor, Shenzhen Xiangfei Automobile Sales Co., Ltd, announced a five-year development plan, aiming to launch over 10 new products and achieve a production and sales target of 10,000 units by September 2025 [5]. - The plan includes expanding into Southeast Asia and the Middle East, with a target of producing 100,000 units by 2030 [5]. Group 4: Financial Challenges - WM Motor reported cumulative losses of 17.435 billion RMB from 2019 to 2021, with confirmed liabilities of 20.367 billion RMB and assets of only 3.988 billion RMB by March 2024 [7]. - The company owes over 40 million RMB in unpaid employee salaries and benefits, indicating significant financial distress [7].