Core Viewpoint - Evergrande Auto has entered a severe crisis as its core production base is undergoing bankruptcy liquidation, marking a significant downturn for the once-ambitious electric vehicle company [1][6]. Group 1: Bankruptcy and Liquidation - Evergrande Auto's indirect wholly-owned subsidiary, Evergrande New Energy Vehicle (Tianjin) Co., Ltd., has been officially accepted for bankruptcy and liquidation by the Tianjin Binhai New Area People's Court [6]. - The subsidiary, which has a registered capital of 4.1 billion yuan, is the owner of Evergrande Auto's smart mobility product production facility in Tianjin, but production has been fully suspended since January 2024 [6][1]. - This is not the first production base of Evergrande Auto to enter bankruptcy; another subsidiary, Evergrande Hengchi New Energy Vehicle (Shanghai) Co., Ltd., was also placed under bankruptcy management earlier this year [6]. Group 2: Financial Performance - Evergrande Auto reported a revenue of 38.38 million yuan for the first half of 2024, a decrease of 75.17% compared to 154 million yuan in the same period last year, primarily due to reduced sales of the Hengchi 5 model [7]. - The company incurred a net loss of 20.256 billion yuan in the first half of 2024, which is an increase of 13.38 billion yuan compared to a loss of 6.873 billion yuan in the same period last year, surpassing the total loss for the entire year of 2023 [7]. Group 3: Shareholder and Debt Situation - Evergrande Auto's controlling shareholder, China Evergrande, was delisted from the Hong Kong Stock Exchange on August 25, 2023, after being suspended since January 29, 2024 [9]. - As of June 30, 2022, China Evergrande's total liabilities amounted to 2.474 trillion yuan, with approximately 316.39 billion yuan in overdue debts as of November 2023 [9].
恒大汽车,新消息!附属公司遭破产清算
证券时报·2025-11-13 15:27