Equity frozen Weima: operation and cash flow unaffected

Posted 2024-03-19 00:00:00 +0000 UTC

Recently, the reporter learned from qixinbao that science and Technology Group Co., Ltd. added a new equity freeze risk information on November 27, with the amount of equity freeze up to 27.36 million yuan, starting and ending from November 27, 2019 to November 26, 2022. In addition, according to qixinbao, on December 5 this year, Weima Automobile Technology Group Co., Ltd. will have three cases of contract disputes. The response of Weima automobile to this is: Weima new energy vehicle sales (Shanghai) Co., Ltd., a subsidiary of Weima automobile technology group, has a business dispute with its partner, which has entered the judicial process. Apply to the court for judicial freezing of part of the equity of Weima new energy sales company held by Weima automobile technology group. At present, Vemma's operation and cash flow are not affected. It is reported that in September this year, Weima automobile was sued. Zhejiang Geely Holding Group and Geely Automobile Research Institute sued four companies of Weima automobile for infringement of business secrets, with a claim amount of up to 2.1 billion yuan. At present, the case is still under trial. In September of the same year, Weima automobile proposed that the company start a new round of organizational structure adjustment. Since September 1, Shen Hui will concurrently serve as the general manager of the sales company and adjust the organizational structure of the sales company and the strategic planning center. In terms of sales volume, from January to October this year, Weima's sales volume totaled 14300 vehicles, only 14% of the target sales of 100000 vehicles this year. Along with the new energy vehicles, the overall decline of the sales volume of new energy vehicles, how to boost the sales volume is the biggest challenge that the new forces of vehicle building will face.

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