某固态电池项目破产的背后 来自老股东独家访谈

Core Viewpoint - The article discusses the journey of a solid-state battery company that ultimately faced substantial bankruptcy, highlighting the mismanagement and internal conflicts within the company [2][4]. Group 1: Company Background - The company was established in 2021, with a founding team that has a background in Japanese enterprises [6]. - The founder spent a significant amount of time in Japan during the pandemic, claiming to build a research and development team there [7][8]. - After raising several million yuan in funding in 2023, the founder returned to China [9]. Group 2: Internal Conflicts - The company experienced internal discord among the core team, leading to multiple operational locations in two adjacent cities in South China [14]. - The absence of the founder led to increased demands for salary raises from co-founders and the core team, resulting in higher management costs due to the establishment of multiple teams [17]. Group 3: Shareholder Discontent - In the second half of 2024, the founder sold shares of the employee stock ownership plan without convening a shareholders' meeting, which triggered backlash from existing shareholders [19]. - Shareholders were expecting a product testing report by the end of 2024, which was not delivered, leading to collective actions against the founder [19]. Group 4: Missed Opportunities - In early 2025, a leading company in the field expressed interest in acquiring the company, offering a deal that would allow investors to exit at cost, but the founder rejected the proposal [21]. - Shareholders proposed to reclaim the founder's shares due to breaches of contract, but the founder continued to refuse [22]. Group 5: Current Status - The company's domestic operations and management were reported to be relatively normal, with clear financial records [24]. - Shareholders hoped to gather evidence of the founder's mismanagement from the now-dissolved Japanese team, but the dissolution hindered this effort [25][26]. Group 6: Final Reflections - The overall assessment from the interviewee indicated that the founder lacked the capability and willingness to manage the company, while investors failed to exercise adequate oversight [30]. - Some state-owned investors managed to exit the company in time, while others were not as fortunate [30].