上汽红岩发布重大招募公告！重整进入关键阶段

Core Viewpoint - Shanghai New Power Automotive Technology Co., Ltd. announced the public recruitment of restructuring investors for its wholly-owned subsidiary, SAIC Hongyan Automobile Co., Ltd., which is undergoing bankruptcy restructuring as per the ruling of Chongqing Fifth Intermediate People's Court [1][3]. Company Overview - SAIC Hongyan was established on January 28, 2003, with a registered capital of 460 million yuan. The company specializes in the production of road motor vehicles, automotive parts retail and wholesale, and new energy vehicle sales. As of June 30, 2025, the total assets amounted to 2.324 billion yuan, total liabilities were 5.605 billion yuan, and net assets were -3.281 billion yuan [3]. Recruitment Principles and Objectives - The recruitment of restructuring investors will follow the principles of "market-oriented and legal" processes, aiming to attract investors with industrial synergy capabilities and strong financial strength. The goal is to optimize the debtor's capital structure and achieve a win-win situation for investors, the restructured company, and creditors [5][6]. Requirements for Interested Investors - Interested investors must be legally established enterprises in China for at least one year and cannot be natural persons [6]. - Investors must possess commercial vehicle production qualifications or partner with entities that do. Joint applications are allowed with a maximum of five members [7]. - Investors must not have significant legal violations in the past three years and should not be listed as untrustworthy [8]. - The total audited assets of interested investors must be no less than 3 billion yuan [9]. Recruitment Process - The recruitment announcement period is from September 1 to September 20, 2025, with the possibility of extension [13]. - Interested investors must submit their application materials by September 20, 2025, including a letter of intent and various qualifications [14][15]. - A deposit of 50 million yuan is required for application, with a performance deposit of 200 million yuan due upon signing the restructuring agreement [18]. Selection of Restructuring Investors - After the submission of restructuring investment plans by October 18, 2025, the management will select investors through a fair and transparent process, considering their financial capacity, historical project experience, and industrial synergy capabilities [20][21].