ZOTYE(SZ:000980) 证券时报·2025-09-01 13:40Core Viewpoint - The company, Zotye Automobile, is facing significant operational challenges due to the forced auction and dismantling of its T300 vehicle assembly line, leading to uncertainty in its ongoing business viability [1][4]. Group 1: Legal and Operational Challenges - On September 1, Zotye Automobile announced that its subsidiary's T300 vehicle assembly line and related equipment were subject to judicial auction by the Chongqing court, with both initial and subsequent auctions failing to attract buyers [1]. - The court has mandated the dismantling of the assembly line and related equipment by September 15, 2025, with ongoing demolition activities already in progress [4]. Group 2: Financial Performance - In the first half of 2025, the company reported sales revenue of 280 million yuan, a year-on-year increase of 12.61%, but still recorded a net loss attributable to shareholders of 148 million yuan, a reduction in losses by 42.82% compared to the previous year [6]. - The company has not resumed large-scale production due to a lack of operational funds, which has contributed to its continued financial losses [5][6]. Group 3: Future Plans - Despite current challenges, the company has indicated plans to restore mass production of the T300 model by optimizing supply chain costs and expanding into overseas markets [4]. - A mid-to-long-term product development plan is in place, with multiple new products set to enter the research and development phase [4].