TU-TESL

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Once, holding high the new power of intelligent electric vehicles was the focus of the automotive industry reform. Now, some new forces are more like cancer into the automotive industry, eating the vitality of the automotive industry. "Last November, I paid back my salary in July, but I never received any more. Now I live on loans." Chen Lei, a green car insider, told time finance. Zeng had a dream to join in the new car making force, but what he got from his enthusiasm was a half year's hard-earned life. What's more, there is nothing to do in the golden age of career. "The only job every day is to punch in and out of work. The whole company is still reluctantly promoting a project with internal code M500, and other projects have stopped." Like more than 300 employees who returned to work early on March 2, Chen Yu was forced to waste time in a boring office. Photo source: lvchi's official website talked about the company's paralysis. Liang Shiqi, brand director of lvchi, told time finance that "at present, the company has just completed the shareholder change, the financing is still in progress, and is waiting for the capital injection." As for the wage arrears, Liang Shiqi said it was inconvenient to make comments. However, according to Chen Yu, Ren Yahui, CEO of lvchi automobile, once said in the company group, "even if I have no money, I have no way but to seek investors." Obviously, the green car, which catches up with the times, fails to subvert the automobile industry, but is in poverty and in danger in the transformation of the times. The company's capital chain is broken, and the worst result is bankruptcy. For those employees who pay silently and interested suppliers, who will pay for the half year's arrears? "What we fear most is not the wages we owe, but the wages we owe will never be paid." According to Chen Lei, manufacturing is usually a heavy asset company, while green car is actually a light asset company. The factory building, site, trial production workshop and many equipment are rented, and the assets may be several million after liquidation, which is far from enough for employees' wages and suppliers' debts. According to Chen Yu, green car has been covering White Wolf empty handed all the time. When the air outlet passes, green car, which has no real products and assets, falls like dominoes, leaving only a body. Back in 2016, when the new car making power was at its peak, Wang Xiangyin, who had been in the auto industry for 17 years, resolutely quit his job, founded lvchi auto and embraced the changes of the times. However, the ups and downs of the business and the reversal of the plot may have left Wang Xiangyin, the founder of lvchi auto, unpredicted. Wang Xiangyin himself resigned as CEO in March 2019, and Ren Yahui, the executive vice president of lvchi auto, took over. But looking back on all kinds of "operations" of green Chi, almost none of them can be successfully completed. In June 2018, lvchi automobile plans to invest 5.5 billion yuan to build a new energy automobile factory with an annual output of 200000 vehicles. Up to now, due to lack of funds, the production base is still in the stage of site filling and leveling; in May 2019, lvchi automobile joined hands to obtain the use right of Changan Suzuki leisure real estate. Now the long production line is empty. According to Chen Lei, "green car has not given Changan Suzuki a penny"; the previously planned Italian car racing customization center has also been blown out. As for the first new SUV model planned to be launched in June 2019, it is far from certain. Photo source: in August 2019, lvchi said that after the first round, B round and C round of financing totaling about 10 billion yuan, it will be listed in 2021-2022. Now, the B round of financing is still under the water, and lvchi itself has been in the situation of insolvency. On March 6, tianyancha information showed that Henan Guotou Enterprise Management Co., Ltd. (hereinafter referred to as "Henan Guotou") became a major shareholder of lvchi Automobile Technology Group Co., Ltd. (hereinafter referred to as "lvchi automobile"), with a shareholding ratio of 60% and a subscription amount of 2.02 billion yuan. Unfortunately, until the end of March, according to Liang Shiqi, brand director of green Chi, the money was still not injected. At the same time, Chen Yu disclosed to times finance and economics, "according to the anecdotal news, some investors behind Henan Guotou are actually shareholders of lvchi automobile. What's the inside story behind this acquisition? No one knows. There's not much hope for lvchi to pay off the debt voluntarily." The above information has not been confirmed, but in terms of assets and funds, green Chi, who has failed to hand over products, is indeed in danger. Henan Guotou may be a bit of hope, but the real situation is still below the surface. OEM, self built factory, capital break, overseas cooperation, listing planning, delivery delay The green car founded in 2016 almost "grazed" all the hot spots of the new car making forces, but it ended up almost paralyzed. The grand blueprint of three electric platforms and a new car in half a year disappeared in the folds of the era. For employees who are committed to green Chi's dream, the only "job" may be to protect their rights. "Since September 2019, the salary has not been paid. The employees live by borrowing. Qingpu District supervision team of Shanghai has been involved in the payment of salary, but has not made substantial progress. The employees have been in a state of no way to invest." Zhang Yi (pseudonym), another green Chi employee, said. In fact, in October last year, the employees of lvchi who suffered from unpaid wages began to seek legal aid. After several setbacks, they finally pushed the case to the labor supervision team of Qingpu District, Shanghai, but the team failed after several visits. Later, the employees of lvchi went to the court to apply for arbitration, but because they had been accepted by the supervision team before, they could only arbitrate the part of unpaid wages after December last year, and The process can last up to half a year. According to Zhang Yi, Cao Jian, vice president of Zhongneng group, lvchi's parent company, had a very bad attitude towards questioning employees about their wages, and his comments were videotaped by lvchi's employees. In addition, Ren Yahui, CEO of lvchi automobile, once said in the company group, "even if I have no money, I have no choice but to seek investors." Time finance and economics called Ren Yahui, CEO of lvchi automobile, but the other side didn't respond to the above questions, and pushed the docking to Liang Shiqi, brand director of lvchi. Liang Shiqi said that in addition to "the company has just completed the shareholder change, the financing is still in progress, and is waiting for the capital injection", he also said it's inconvenient to respond to the current situation of the salary arrears. After seeking legal aid, lvchi's employees feel more powerless. In addition to the failure of the complaint, lvchi's employees are even more worried about the fact that even if the company applies for bankruptcy, lvchi's meager assets may not be enough to repay the amount of wages owed, not to mention the large amount of debt owed to suppliers. In this regard, a lawyer told time finance and economics, "it is difficult to pay off the debts due to insolvency, because shareholders are not responsible for the company's debts after they have subscribed; however, when the company's assets are sold off, the company's creditor's rights outside the company, etc., will give priority to pay wages after the liquidation process." Up to the date of publication, more than 300 employees of lvchi are still in the hot water without pay. Ironically, if you leave, you must sign a certificate that your salary has been settled, otherwise you will not leave. Although the company promises to pay off the debts after leaving, once you sign this certificate, who can believe the oral commitment of a company. It's Chen Yu, Zhang Yi and other employees of lvchi who wasted their time waiting for rescue. No one knows who will pay for the arrears of lvchi.