Baoneng Automobile has serious business problems, and its headquarters has been "empty"

Baoneng Automobile has serious business problems, and its headquarters has been "empty"

Baoneng Automobile has serious business problems, and its headquarters has been "empty". Baoneng Group said that its headquarters has been moved from Shenye Logistics Building to Shenzhen Baoneng Center, which is a misunderstanding. Baoneng Automobile has serious business problems, and its headquarters has been "empty".

Baoneng Automobile has a serious business problem, and its headquarters has been "empty" 1 Recently, Shandong Automobile Dealers Association pointed out in the "Consumer Warning on Guanzhi Brand Cars" that the consumer rights protection workstation of Shandong Automobile Dealers Association received many complaints that the owners of Jinan Guanzhi did not have 4S shop maintenance after sale.

According to the survey of the Association, four Baoneng Guanzhi automobile direct sales stores in Jinan have closed down, and the service telephone number of the factory has also been cancelled. To this end, the association sent an inquiry letter to the headquarters of Baoneng Group (namely "Shenzhen Baoneng Investment Group Co., Ltd.") "No.2088, Baoan North Road, Luohu District, Shenzhen", which was also returned because people went to the building.

Shandong Automobile Dealers Association said that the association has learned from many parties that Baoneng Automobile, a subsidiary of Baoneng Group, has serious business problems and no one has responded so far. To this end, the association listed Baoneng Guanzhi automobile brand in the blacklist of consumption and warned consumers to buy Guanzhi brand cars with caution.

On May 1 1, according to the Securities Times, in response to the statement of Shandong Automobile Dealers Association that "the headquarters is empty", the relevant person of Baoneng Shenzhen Headquarters responded that the news was misread, and the inquiry letter was not delivered successfully due to the relocation of Baoneng's headquarters, which led to the misunderstanding that "people are empty". It is understood that the headquarters of Baoneng Group has been moved from Shenye Logistics Building to Shenzhen Baoneng Center.

Red Star Capital Bureau inquired about the national enterprise credit information publicity system, and the addresses of Baoneng Group, Baoneng Automobile Group Co., Ltd., Baoneng Logistics Group Co., Ltd., Baoneng City Development and Construction Group Co., Ltd. and Baoneng Department Store Retail Co., Ltd. are still Shenye Logistics Building.

Baoneng also boarded a hot search in Weibo because of the "disappearance" of its chairman, Yao Zhenhua.

A Guangzhou court system announcement showed that Yao Zhenhua, chairman of Baoneng Group, was "missing". On March 22nd, China Baoneng WeChat official account pushed an article to clarify that Yao Zhenhua was still inspecting the resumption of production of Baoneng Automobile Shenzhen factory on March 2nd1with photos of Yao Zhenhua's appearance at the scene.

Tianyancha APP shows that Baoneng Group currently has 67 pieces of information to be executed, and the total amount of information to be executed is as high as 24 1 100 million yuan.

At the chairman's office meeting in March, Yao Zhenhua said that the group's current priority is to get out of the liquidity dilemma as soon as possible around the annual work, which mentioned further upgrading strategic planning, grasping the development trend of the industry, strengthening strategic management, supplementing capital strength, and rapidly promoting the introduction and listing of automobile, logistics technology and food technology.

Baoneng automobile has serious business problems, and its headquarters has been deserted. Following the Guangzhou Intermediate People's Court's announcement that Yao Zhenhua, the chairman of Baoneng Group, was missing in March this year, the Shandong Automobile Dealers Association recently issued a warning about the consumption of Qoros brand cars (hereinafter referred to as "warning"), and once again called Baoneng Headquarters "empty".

In this regard, the first financial reporter called Baoneng, and the other party said that the headquarters of Baoneng Group has been moved from Shenye Logistics Building to Shenzhen Baoneng Center, and it is a misunderstanding that "people go to the building".

From "Lost Connection" to "Empty Building"

The above-mentioned "warning" shows that recently, the Consumer Rights Protection Workstation of Shandong Automobile Dealers Association received complaints from many Qoros owners in Jinan that the after-sales 4S shop maintenance was not in place. According to the survey of the Association, at present, four Baoneng Guanzhi automobile direct sales stores in Jinan have closed down, and the service telephone number of the factory has also been cancelled.

For this reason, the Consumer Rights Protection Workstation of Shandong Automobile Dealers Association sent an inquiry letter to the headquarters of Baoneng Group "No.2088 Baoan North Road, Luohu District, Shenzhen" (that is, the location of Shenye Logistics Building), which was also returned because people went to the building.

Shandong Automobile Dealers Association said that it was known by many parties that Baoneng Automobile has serious business problems, and no one has responded so far, resulting in the failure to protect the legitimate consumer rights and interests of Qoros brand, which was seriously damaged.

To this end, Shandong Automobile Dealers Association listed Baoneng Guanzhi automobile brand in the consumption blacklist, warning consumers to buy Guanzhi brand cars with caution.

In fact, a similar misunderstanding happened once in March this year.

On March 17 this year, the Intermediate People's Court of Guangzhou, Guangdong Province stated in its announcement about the dispute over financial loan contracts between Guangzhou Gem Logistics Co., Ltd., Yao Zhenhua, Shenzhen Baoneng Investment Group Co., Ltd. and Shenzhen Jushenghua Co., Ltd.: When the court accepted the case, it served the announcement (202 1) to Yao Zhenhua because his whereabouts were unknown.

Insiders of Baoneng responded that Yao Zhenhua was working in the company and went to the Shenzhen factory of Baoneng Automobile for inspection on March 2 1.

Subsequently, the relevant announcement was also withdrawn.

At present, Baoneng Group does have liquidity difficulties. 20211654381On October 23rd, Baoneng's "Qianhai Century Private Wealth" issued a redemption announcement on the official account of WeChat, and Baoneng Group promised to complete the clearance of all "wealth management products" before June 30th, 2022.

At the same time, Baoneng also issued a letter to investors, which revealed that the total assets of Baoneng Group's consolidated statements were about 830 billion yuan. Excluding consolidated financial assets and liabilities, the total assets of the Group are about 430 billion yuan, the total interest-bearing liabilities are 654.38+0927 billion yuan, and the balance of external guarantees is 30.8 billion yuan.

According to the letter, in terms of disposal of key assets, the company has started to sell more than ten high-quality projects in Shenzhen, Guangzhou, Shanghai and other places, involving commercial properties, commercial complexes, old reforms, equity of financial companies, etc., with an estimated value of more than 654.38+00 billion yuan. Individual projects have reached a deal and are being paid back in stages; The disposal of some assets has entered the stage of further promotion and negotiation. The net asset disposal gives priority to the payment of wealth management products.

On March 28th this year, Yao Zhenhua hosted the March Chairman's Office Meeting in Baoneng Center. At the meeting, Yao Zhenhua said that the first task of the Group at present is to get out of the liquidity dilemma as soon as possible around the annual work.

First, regarding the redemption of wealth management products, the early redemption has been realized as scheduled, and the follow-up redemption is being actively promoted; Second, regarding litigation settlement, most financial institutions have seen Baoneng's asset strength, attitude and problem-solving ability, and are willing to go hand in hand with Baoneng to reach a settlement; Third, regarding the disposal of assets, significant progress has been made in the disposal of some bulk assets, and the related process is accelerating.

An obsession with making cars.

Qoros Automobile was established in June 5438+February 2007, and Chery Automobile Company and Israeli company QUANTUM held 50%*** shares respectively. Initially positioned in the high-end market, but sales have been sluggish, even losing money for years.

At the end of 20 17, Baoneng Group spent 6.63 billion yuan to acquire 5 1% equity of Qoros Auto, and officially became the controlling shareholder of Qoros Auto. Later, it increased the price by 156 billion yuan to acquire 12% equity. At present, Baoneng Group holds 63% of the shares of Qoros Auto.

But in fact, although Baoneng Group is famous in the capital market, its knowledge of making cars is almost zero. Prior to this, Baoneng Group did not set foot in this industry.

However, Yao Zhenhua seems determined to make a difference in building cars, even in the context of liquidity difficulties and selling assets to pay off debts.

According to the official account of Baoneng WeChat, on March 2 1 day, the first day when the epidemic situation in Shenzhen was unsealed, Yao Zhenhua went into the Shenzhen factory of Baoneng Automobile for work inspection, and got a comprehensive understanding of the operation of the Shenzhen factory when it resumed production.

On the 22nd of1October of this year, Baoneng Automobile also released Baoneng automobile brand and GX 16, GX 18 and GX 15 in Guangzhou.

Yao Zhenhua once said that Baoneng Group will, as always, unswervingly develop the new energy automobile industry and become a resounding Baoneng automobile brand.

Baoneng Automobile has serious business problems, and its headquarters has been "empty". Recently, the Shandong Automobile Dealers Association issued a document "Consumer Warning on Qoros Brand Cars", which enabled Qoros Automobile and Baoneng to return to the public's field of vision again.

Baoneng headquarters is "empty"? Company response: misreading, moving to a new address!

Recently, a document entitled "Consumer Warning on Qoros Brand Cars" issued by Shandong Automobile Dealers Association shows that the consumer rights protection workstation of Shandong Automobile Dealers Association has received many complaints that the owners of Qoros in Jinan have no 4S shop maintenance after sale. According to the survey of the Association, four Baoneng Guanzhi automobile direct sales stores in Jinan have closed down, and the service telephone number of the factory has also been cancelled.

For this reason, the Association sent an inquiry letter to "No.2088, Bao 'an North Road, Luohu District, Shenzhen", where the headquarters of Baoneng Group, which belongs to the Qoros brand, was located, and the letter was also returned because people went to the building. Shandong Automobile Dealers Association said that it was known by many parties that Baoneng Automobile, a subsidiary of Baoneng Group, had serious business problems and no one had responded so far. To this end, the association listed Baoneng Qoros automobile brand on the consumption blacklist and warned consumers to buy Qoros brand cars cautiously.

However, the Securities Times reporter learned from the relevant personnel of Baoneng Shenzhen Headquarters that the news was a misunderstanding. Because of the relocation of Baoneng headquarters, the inquiry letter was not delivered successfully, which led to the misunderstanding that "people go to the building". It is understood that the headquarters of Baoneng Group has been moved from Shenye Logistics Building to Shenzhen Baoneng Center. The reporter saw in the document that Baoneng headquarters "No.2088, Bao 'an North Road, Luohu District, Shenzhen" is called Shenye Logistics Building, which has been fenced off for construction.

Shenzhen Baoneng Center photo by Wojking Wu

Yao Zhenhua also got a hot search because of "Missing"

In fact, before the misunderstanding of "empty buildings", Baoneng also created the "misunderstanding" of "the whereabouts of Yao Zhenhua, the chairman".

In late March, an announcement from the Guangzhou court system was delivered, showing that Yao Zhenhua, the chairman of Baoneng Group, was "unaccounted for" and "Yao Zhenhua's unaccounted for" once rushed to Weibo for hot search. At that time, Baoneng Group responded to the Securities Times reporter that the relevant information was wrong, and the company had communicated and coordinated with the court, and the relevant announcement would be withdrawn.

At the same time, a message posted on the official account of China Baoneng WeChat on the same day also clarified Yao Zhenhua's "disappearance" from the side.

According to the news, "On March 2 1 day, the first day of the unsealing of the Shenzhen epidemic, Yao Zhenhua, chairman of Baoneng Group, walked into the Shenzhen factory of Baoneng Automobile to conduct a work inspection, fully understood the operation of the Shenzhen factory, and had in-depth exchanges with the senior management of Baoneng Automobile Group and the management cadres of the Shenzhen factory present, and comprehensively supervised the key work of Baoneng Automobile Shenzhen factory in 2022." At the same time, it was accompanied by photos of Yao Zhenhua inspecting the factory.

Baoneng is still "never leaving" in the new energy vehicle business.

According to market data, Qoros Automobile was established in 2007. As a high-end independent brand in China, the starting point of Qoros, backed by Chery Automobile, is not low, but its development path is not smooth. In 20 17, Baoneng Group gradually took over, which made the industry think that Qoros had reached a turning point. However, with Baoneng in a liquidity crisis, the prospect of Qoros has also been covered with a veil of uncertainty. However, judging from the current public information of Baoneng, Baoneng is still "never leaving" in the new energy vehicle business.

At the symposium of core cadres of Baoneng Automobile Group held in September last year, Yao Zhenhua reiterated Baoneng Group's confidence, determination and key measures to solve problems quickly.

He said that Baoneng Group and various sectors are actively overcoming difficulties, and continue to withdraw funds by accelerating project sales, disposing of some high-quality assets, accelerating war investment and financing, and improving operating cash flow. Baoneng has the ability and strength to get out of the predicament completely in two to three months. In addition, Baoneng unswervingly promotes the steady development of new energy vehicles.

In late March, when the rumor that Yao Zhenhua was missing was clarified, the news released by Baoneng was also about Yao Zhenhua's inspection of Baoneng Automobile.

In addition, on March 28th, Yao Zhenhua hosted the chairman's office meeting in March at Baoneng Center. At the meeting, we listened to the reports on the key operations of the four business divisions in the first quarter, and made arrangements for the work of various business segments and functional lines of the Group. In order to promote the systematization and modernization of the Group's operation and management, and build a first-class enterprise with first-class corporate governance and competitiveness, Yao Zhenhua proposed to accelerate the five key operations and management.

It is worth noting that it mentions further upgrading strategic planning, grasping the development trend of the industry, strengthening strategic management, supplementing capital strength, and rapidly promoting the introduction and listing of automobile, logistics technology and food technology.