众泰汽车董事长辞职背后:前董事长黄继宏的影子依然萦绕

Core Viewpoint - The sudden resignation of Li Lizhong as chairman of Zotye Auto after only two months in office highlights the ongoing challenges the company faces, including significant debt and halted vehicle production [2][3]. Group 1: Resignation Details - Li Lizhong announced his resignation on December 29, citing personal family reasons, and he also stepped down from other board positions [3]. - His tenure lasted only 61 days, having taken office on October 30, 2023, and he was previously associated with Chery Automobile for over 21 years [3][4]. - The board has nominated Han Biwen as a candidate for the non-independent director position following Li's resignation [3][6]. Group 2: Company Performance - Zotye Auto reported a revenue of 419 million yuan and a net loss of 223 million yuan for the first three quarters of the year [4]. - The company’s vehicle production has been stagnant, with production figures of 524 units in 2022, 1,108 units in 2023, and none projected for 2024 [4]. - Sales figures reflect a similar trend, with 502 units sold in 2022, 1,112 units in 2023, and only 14 units expected in 2024 [4]. Group 3: Debt and Recovery Efforts - The company has struggled with operational funding, which has hindered the resumption of vehicle production [5]. - Despite these challenges, Li Lizhong's leadership saw some progress in debt negotiations, including a settlement with two banks to avoid large financial disputes [5]. - The company aims to use proceeds from asset disposals to support the revival of its vehicle production [5]. Group 4: Board Composition and Historical Context - The current board members, including Li and Han, were nominated by stakeholders linked to Huang Jihong, who previously left the company but still influences its governance [7][8]. - Huang Jihong has a controversial history in the automotive industry, having attempted to restructure Zotye Auto and other companies without success [8].

ZOTYE-众泰汽车董事长辞职背后:前董事长黄继宏的影子依然萦绕 - Reportify