Core Viewpoint - The restructuring investor, Shenzhen Xiangfei Automotive Sales Co., Ltd., plans to resume production of the EX5 and E5 models by September 2025, along with a debt repayment plan for suppliers [1][8]. Group 1: Debt Repayment and Restructuring Plan - The court-approved restructuring plan allows for full cash repayment to ordinary creditors with debts of 150,000 yuan or less within six months after the plan's approval [10]. - Creditors with debts exceeding 150,000 yuan will receive 150,000 yuan in cash, with the excess repaid through trust beneficiary shares [10]. - The restructuring plan was approved by the Shanghai Third Intermediate People's Court on April 3, 2025, and includes the assets necessary for resuming operations [9][10]. Group 2: Government Support and Financial Commitment - The local government has established a special task force to assist in the restructuring and recovery of operations, providing policy and financial support [14][16]. - Xiangfei is expected to invest 1 billion yuan initially for equipment upgrades, supply chain recovery, and product development [3][25]. - The government is considering subsidies for production recovery, technical upgrades, and market promotion [16] . Group 3: Development and Production Plans - The company has a three-phase development plan from 2025 to 2030, aiming for production of 20,000 units in 2025, 100,000 units in 2026, and 1 million units by 2030 [18]. - The product lineup will include over 10 new models in the next five years, covering various vehicle categories from A00 to C level [18][19]. - The company aims to achieve sales of 25,000 to 400,000 units annually during the development phase from 2027 to 2028 [18]. Group 4: Supplier Opportunities and Collaboration - Suppliers will have the opportunity to participate in the production of new models and benefit from cost optimization initiatives [23][24]. - The company commits to prioritizing existing suppliers under equal conditions, ensuring long-term collaboration [22][23]. - By 2026, the company expects to create over 3,000 jobs and significantly increase local tax contributions [22]. Group 5: Addressing Supplier Concerns - The company acknowledges suppliers' concerns regarding historical debts and operational continuity, emphasizing government support and financial commitments as stabilizing factors [28]. - A dedicated team has been established to facilitate communication with suppliers and address any high-risk issues [28][29]. - The company is actively recruiting to build a core team of 400 personnel to support operational recovery [28][30].
威马新股东发声：9月复产，并承诺清偿债务
财联社·2025-09-06 05:26