（文章来源：新京报） 11月25日，极越微信公众号发布《上海集度汽车有限公司关于启动预重整程序的公告》，称上海集度汽 车有限公司（品牌：极越汽车）于日前向上海市第三中级人民法院提交预重整申请，该申请已于2025年 11月21日获正式受理。 新京报贝壳财经讯 12月20日，极越汽车发布关于尽快办理债权申报及材料补正的公告。企业方面称， 在审查债权申报过程中，发现部分债权人存在材料提交不完整的情况，包括未提交《债权申报表》及/ 或《债权申报文件清单》等必要文件，影响债权申报的审核与确认。为此，极越汽车正式发布《债权申 报指南》，拟申报债权的债权人须严格依照指南列明的材料及规范办理申报手续，申报截止时间为2025 年12月26日。 ...

每经AI快讯，12月19日，极越汽车发布《关于尽快办理债权申报及材料补正的公告》。 M 闷 , 里 点 日 宣 定 百 ⁄ 左 ⁄ 四 ⁄ · 五 ⁄ 石 ⁄ 石 ⁄ 石 ⁄ 石 ⁄ 石 ⁄ 石 ⁄ 在材料缺失、内容不符等情形,请及时通过申报平台后 台补充、修正； 3. 为避免您的相关权利行使受到影响,请务必在2025 年12月26日前申报债权； 申报渠道: 本次债权申报全程通过线上办理,债权人需登录 "破栗子破产案件一体化管理平台"完成申报。 二、材料提交规范 1. 所有材料原件由申报人自行妥善留存,以备后续核 查; 附:债权申报核心内容速览 1. 申报截止时间:2025年12月26日 2. 申报平台:破栗子破产案件一体化管理平台 3. 核心材料:基础文件+身份材料+代理材料(委托时) +债权证据材料 4. 材料要求:原件彩色扫描、复印件签字/盖章确认 上海集度汽车有限公司 2025年12月19日 2. 要求提交原件的,需提供原件彩色扫描件； 3. 仅需提交复印件的,复印件须经个人债权人签字或 单位债权人盖章确认。 ...

Core Insights - Several Chinese electric vehicle companies, including Hezhong New Energy and Jidu Auto, are undergoing restructuring efforts to attract strategic investors and revitalize their operations [1][2] - The revival of bankrupt EV companies is not merely a financial restart but also involves restoring consumer trust, as there are no successful revival cases in the industry yet [1][2] Group 1: Restructuring Efforts - Hezhong New Energy is publicly recruiting management trustees to advance its restructuring process [1] - Jidu Auto has initiated a pre-restructuring program aimed at introducing new strategic investors [1] - WM Motor has relaunched its mobile platform during its bankruptcy restructuring phase [1] Group 2: Challenges and Requirements for Revival - Restoring credibility is essential, focusing on consumer rights and service restoration, including app services and a mature after-sales network [2] - The industry needs to shift from concept-driven products to high-quality models that meet current smart technology demands [2] - Companies must adopt a more measured approach, transitioning from aggressive expansion to a focus on value and sustainable growth [2] Group 3: Recommendations for Industry Improvement - Regulatory bodies should enhance the bankruptcy restructuring framework and consumer rights protection mechanisms [2] - Industry organizations need to strengthen standards and service oversight to fill existing responsibility gaps [2] - Genuine organizational capability reconstruction, user relationship repair, and clear strategic positioning are crucial for companies to successfully re-enter the EV market [2]

Core Viewpoint - Shanghai Jidu Automotive Co., Ltd. has announced the initiation of a pre-restructuring process to attract new strategic investors, revitalize existing assets and resources, maintain asset value, and ensure user after-sales rights [1] Group 1: Company Background and Current Situation - Shanghai Jidu Automotive Co., Ltd. submitted a pre-restructuring application to the Shanghai Third Intermediate People's Court, which was officially accepted on November 21, 2025 [2] - The company was jointly established by Baidu and Geely Automobile in January 2021, with Baidu holding 55% and Geely holding 45% [2] - Jidu Automotive is facing operational crises and potential dissolution, with reports of department closures and unmet customer rights circulating online [2][4] Group 2: Employee and Management Response - On December 12, 2024, employees confronted CEO Xia Yiping regarding the company's dissolution and compensation issues, to which he assured them he would not flee and was actively working to resolve the problems [4] - Xia Yiping held an internal meeting on December 12, clarifying that the company had not shut down or dissolved as rumored [4] Group 3: Joint Statement and Financial Issues - On December 13, Geely and Baidu issued a joint statement committing to address employee social security payments, compensation for departing employees, and ensuring the normal use of vehicles and after-sales services [6] - Xia Yiping revealed that the company's financial crisis had been evident since April 2023, with only enough funds to sustain operations for two months at that time [6] Group 4: Technical Issues and Public Perception - Throughout the year, Jidu Automotive experienced multiple instances of app outages and remote control functionality issues, leading to customer complaints about vehicles being offline [6][8] - The company responded to these technical issues by activating an emergency response mechanism, and by November 24, the problems were reported to be resolved [8]

Group 1 - The core point of the news is that Jiyue Automobile has initiated a pre-restructuring process to attract new investors, rather than undergoing a bankruptcy reorganization [2] - A bankruptcy review case has been added for Jiyue Automobile's affiliated company, Shanghai Jidu Automobile Co., Ltd., with the Shanghai Third Intermediate People's Court handling the case [2] - On November 23, a sudden network failure occurred, causing vehicles to appear "offline" on the mobile app, which prevented users from accessing critical remote control functions [3] Group 2 - Jiyue Automobile experienced a significant operational crisis on December 11, 2024, leading to near paralysis of the company [3] - Major shareholders, Geely and Baidu, held closed-door meetings to discuss employee severance compensation and other aftermath measures [3] - The company entered a new phase of after-sales maintenance starting in January of the following year [3]

Group 1 - Lei Jun, the founder and CEO of Xiaomi Group, has personally invested over 100 million HKD to increase his stake in the company to 23.26% by acquiring 2.6 million shares [1] - Xiaomi Group has conducted significant stock buybacks, repurchasing 21.5 million shares for over 800 million HKD in the past two days, bringing the total buyback amount for the year to over 2.3 billion HKD [1] Group 2 - Jidu Automotive's affiliated company, Shanghai Jidu Automotive Co., Ltd., has filed for bankruptcy, with a registered capital of 400 million USD and operations in electric vehicle sales and parts manufacturing [2] - The company has faced financial difficulties since December of last year, leading to supplier claims for unpaid debts [2] Group 3 - Hema's budget community supermarket, Chaohe Suan NB, has officially opened its franchise application, with the first batch of cities including Shanghai, Hangzhou, Jiaxing, and Huzhou, and an annual franchise fee of 50,000 CNY [5] - Deep Blue Automotive has plans to take over Beijing Hyundai's Chongqing factory, although specific production timelines and models remain undisclosed [5] Group 4 - OpenAI has been actively recruiting from Apple's hardware engineering team, hiring over 40 employees, including high-level directors and engineers, which has caused dissatisfaction at Apple [5] - Meta is seeking electricity trading licenses to support its ambitious AI data center plans, which require significant energy resources [5] Group 5 - Tesla's CEO Elon Musk announced that the company is nearing completion of the AI5 chip and has begun development on the AI6 chip, aiming to produce a new AI chip annually [5] - The new chips will be utilized for autonomous driving and humanoid robots, with Musk personally involved in the design process [5] Group 6 - The global sales of new energy vehicles (NEVs) are projected to grow by 25% year-on-year in 2025, with a significant increase in sales expected in the third quarter [20] - BYD and Tesla lead the market in both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) [21] Group 7 - China's textile and apparel exports from January to October 2025 reached 243.95 billion USD, reflecting a decline of 1.6% year-on-year, with October exports alone dropping by 12.6% [22]

Group 1 - Lei Jun, the founder and CEO of Xiaomi, increased his stake in the company by purchasing over HKD 100 million worth of shares, raising his ownership to 23.26% [2] - Xiaomi has conducted significant stock buybacks, repurchasing 21.5 million shares this month for over HKD 800 million, bringing the total buyback amount for the year to over HKD 2.3 billion [2] Group 2 - Jidu Auto's affiliated company, Shanghai Jidu Auto Co., has filed for bankruptcy, with a registered capital of USD 400 million and operations in electric vehicle sales and parts manufacturing [5] - The company has faced financial difficulties since December last year, leading to supplier claims for unpaid debts [5] Group 3 - Hema's budget community supermarket, Super Box, has opened its first franchise application channel, with an annual franchise fee of CNY 50,000, targeting large residential communities and mature business districts [8] - The initial cities for franchise openings include Shanghai, Hangzhou, Jiaxing, and Huzhou [8] Group 4 - Deep Blue Auto confirmed plans to take over Beijing Hyundai's Chongqing factory, although details on production timelines and models remain undisclosed [9] - The factory was sold for CNY 1.62 billion and has been listed for sale multiple times [9] Group 5 - OpenAI is aggressively recruiting from Apple's hardware engineering team, hiring over 40 employees in the past month, including high-level directors and engineers [9] - Apple has expressed dissatisfaction with OpenAI's recruitment efforts [9] Group 6 - Meta is seeking electricity trading licenses to secure long-term power purchases from new power plants, aiming to support its ambitious AI data center plans [9] - Other tech companies, including Microsoft and Apple, are also pursuing similar licenses [9] Group 7 - Tesla's CEO Elon Musk announced the imminent completion of the AI5 chip and the initiation of AI6 chip development, with a goal of producing a new AI chip annually [9] - Musk emphasized the expected production volume of these chips will surpass that of all other AI chips combined [9] Group 8 - The global sales of new energy vehicles (NEVs) reached 5.39 million units in Q3 2025, marking a 31% year-on-year increase, with battery electric vehicles (BEVs) growing by 48% [26][27] - BYD leads the market with a 15.4% share in BEVs and 27.9% in plug-in hybrid electric vehicles (PHEVs) [27] Group 9 - China's textile and apparel exports totaled USD 243.95 billion from January to October 2025, reflecting a 1.6% decline year-on-year [27]

Core Viewpoint - The article discusses the recent pre-restructuring application by Shanghai Jidu Automotive Co., Ltd., which aims to attract new investors rather than pursuing bankruptcy restructuring [1] Group 1 - Shanghai Jidu Automotive Co., Ltd. has initiated a pre-restructuring process to bring in new investors [1] - The application for the pre-restructuring was filed with the Shanghai Third Intermediate People's Court [1] - Shanghai Jidu Automotive was established in November 2021, with Xia Yiping as the legal representative [1]

Core Viewpoint - The news clarifies that the recent application for reorganization by a related company of Jiyue Automobile is a pre-restructuring initiative aimed at attracting new investors, rather than a bankruptcy restructuring [1] Group 1 - Jiyue Automobile initiated a pre-restructuring process to bring in new investors [1] - Shanghai Jidu Automobile Co., Ltd., a related company, has filed for a review case on November 24 [1] - The case is being handled by the Shanghai Third Intermediate People's Court [1]

Core Insights - The collapse of several electric vehicle (EV) companies in China has left millions of car owners facing warranty issues and lack of after-sales service [1][2][3] - The warranty system has effectively disintegrated, with many car owners unable to access necessary repairs or parts, leading to significant financial burdens [2][4] - The competitive landscape for EVs has shifted dramatically, with many new brands failing and leaving behind unresolved after-sales responsibilities [1][5] Group 1: Warranty and After-Sales Service - The warranty promises made by companies like Neta Auto have become meaningless as the company enters bankruptcy, leaving car owners without support [1][2] - Many car owners are now forced to seek repairs at independent shops, often at their own expense, as authorized service centers close down [2][4] - The collapse of the warranty system has resulted in a lack of accountability, with car owners left to navigate repairs without manufacturer support [2][6] Group 2: Repair Costs and Challenges - Car owners report exorbitant repair costs, with some facing charges of up to 6,000 yuan for basic diagnostics and repairs [5][6] - The availability of parts has become a significant issue, with repair shops relying on leftover inventory from defunct companies or salvaged parts from scrapped vehicles [6][7] - The lack of authorized repair facilities has led to a situation where repair costs are high and transparency is low, leaving car owners with little negotiating power [4][6] Group 3: Market Dynamics and Future Outlook - The EV repair market is still developing, with some platforms beginning to offer specialized services, but overall, the industry lacks robust regulatory support [8] - The competitive environment for EVs is expected to remain challenging, as many new entrants struggle to establish sustainable after-sales networks [1][8] - The absence of a comprehensive support system for EV owners post-purchase poses risks for future market growth and consumer confidence [7][8]