“雷丁汽车破产重整”后续，此前创始人公开举报县委书记

Core Viewpoint - Reading Automobile's bankruptcy restructuring plan has faced significant challenges due to investor defaults, leading to potential execution risks of the restructuring plan [1][9]. Group 1: Company Background - Reading Automobile, formerly known as Beidwen Holdings Group, was a leading player in the low-speed electric vehicle market, achieving a market share of over 30% and annual sales of 287,000 units at its peak [1][2]. - The company attempted to transition to new energy vehicles but faced difficulties, including a significant debt burden from acquisitions [3][6]. Group 2: Financial Challenges - The company reported a rapid decline in financial health, with a reported revenue of 12 billion yuan at its peak, but later faced a funding chain break and filed for bankruptcy within three months of revealing its financial troubles [2][6]. - As of May 2023, Reading was involved in 190 legal disputes, with claims exceeding 200 million yuan, indicating severe financial distress [5]. Group 3: Restructuring Efforts - The restructuring plan was initiated but has been hampered by investor defaults, with a total of 260 million yuan in investment payments not fulfilled as per the agreement [9][10]. - The restructuring management team has struggled to find willing investors, and the current investor, Yunying Group, has been criticized for lacking sufficient financial strength and industry experience [6][12]. Group 4: Legal and Government Involvement - The local government and courts are closely monitoring the situation, with the management team planning to negotiate with investors and potentially reorganize the company to protect creditor interests [10][12]. - A creditor has indicated that unless a major automotive company takes over, the restructuring is unlikely to succeed, reflecting the broader challenges in the automotive industry [7][8].