多位车企背景高管入职 多位知名车企背景高管"走马上任"，让陷入亏损泥潭多年的众泰汽车成为业内焦点。 11月29日，众泰汽车对外公告称，该公司在2025年11月28日召开第九届董事会2025年度第二次临时会 议，审议通过《关于聘任公司总裁的议案》 中经记者 方超 石英婧 上海报道 高管团队频繁变动，众泰汽车股份有限公司（000980.SZ，以下简称"众泰汽车"）近期引起市场广泛关 注。 日前，众泰汽车对外发布公告，其聘任韩必文为公司总裁，而在韩必文获聘之前，众泰汽车总裁职务曾 由多位高管代行。除了韩必文外，今年以来，众泰汽车副总裁、财务总监等多个关键高管职位出现人事 变动。 《中国经营报》记者近日致电众泰汽车，其证券部相关工作人员对此表示，该公司"高管变动没有什么 必然原因"，其进一步解释称，"有高管辞职，肯定就会聘任高管。" Wind数据显示，今年前三季度，众泰汽车营收为4.19亿元，同比增长8.98%；归母净利润为-2.23亿元， 同比增长33.13%；扣非归母净利润为-1.74亿元。 在高管团队"大换血"之外，众泰汽车复工复产情况一直备受行业关注。而公开信息显示，众泰汽车方面 此前对外表示，其今年已不具备 ...

Core Viewpoint - The company, Zotye Automobile, is facing significant challenges in resuming production due to a lack of operational funds and unresolved historical issues, which has resulted in no vehicle production this year [2][3][4]. Financial Performance - Zotye Automobile reported a total revenue of 558 million yuan for 2024, a year-on-year decline of 23.96%, and a net loss attributable to shareholders of 1 billion yuan, an increase in loss of 6.82% compared to the previous year [2]. - As of December 31, 2024, the company's net assets were 234 million yuan, down from 1.235 billion yuan the previous year, marking a decrease of 1 billion yuan or 80.98% due to a 1 billion yuan loss from asset impairment [5]. - By the end of Q1 2025, net assets further declined to 131 million yuan, a drop of 1.03 billion yuan or 43.88% from the previous year-end, primarily due to a loss of 1.03 billion yuan in Q1 [5]. Operational Challenges - The company is currently unable to resume production due to frozen accounts and a lack of operational funds, with ongoing negotiations with its second-largest shareholder, Zheshang Bank, to unfreeze assets [3][4]. - Zotye's production has been zero this year, with only 14 vehicles sold, a 98.74% decrease in sales volume compared to the previous year [6][7]. Strategic Initiatives - Despite production halts, the company is focusing on international market expansion, particularly in Algeria and Iran, and has secured orders for 1,200 vehicles, with deposits already received [6][7]. - Zotye is restructuring its organization to optimize operations, including the establishment of a marketing center and product planning department, while also addressing staffing issues in key positions [7]. Future Outlook - The company aims to resume production at its Chongqing base once funding issues are resolved and is actively negotiating with local government regarding historical debt [6]. - Zotye is also working on a cost-reduction strategy for its supply chain to ensure timely delivery of components for future production [7].

Group 1: Operational Challenges - The company has not resumed vehicle production due to a lack of operational funds, with no vehicle production this year [1][3] - Sales have only confirmed the shipment of 14 vehicles from an earlier order in Algeria [1][2] - The company is focusing on the resumption of production at the Chongqing base, pending resolution of funding issues [3] Group 2: Market Development - The company is expanding its international market presence, including Algeria, Egypt, and plans to enter Ethiopia, Syria, Nigeria, and others [2] - A total of 30 sample vehicle orders from Algeria have been fully paid, with 14 vehicles shipped this year [2] - A bulk order of 1,200 vehicles has been signed, with deposits received, contingent on production resumption [2] Group 3: Financial Issues - The company faces significant financial challenges, with a net asset decrease from CNY 1.235 billion to CNY 234 million, a decline of 80.98% due to a CNY 1 billion loss [15] - As of the end of Q1 2025, net assets further declined to CNY 131 million, a 43.88% drop from the previous year [15] - The company is at risk of negative net assets by the end of 2025 if production does not resume, which could lead to delisting [16] Group 4: Legal and Banking Issues - The company’s restructuring account has been frozen by Zheshang Bank, which holds 8.68% of the company’s shares, complicating access to necessary funds [9][12] - The bank's actions are due to overdue debts and lack of a confirmed repayment plan, with only 5% of interest paid so far [12][14] - The company is negotiating with the bank to unfreeze shares to access operational funds [17][18] Group 5: Human Resources and Organizational Changes - The company has restructured its organization, creating a marketing center and product planning department while optimizing management personnel [5] - Recruitment efforts are ongoing for key positions in marketing, planning, finance, and auditing [5] Group 6: Risks and Recommendations - The company must address the risk of negative net assets and potential delisting, emphasizing the need for operational funding [16][18] - Independent directors stress the importance of resolving the stock freeze issue to secure operational liquidity [17][18]