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Brilliance Renault Gold Cup filed for bankruptcy! It was exposed that the payment of employees' salaries was suspended and a number of suppliers were owed for months

On December 30, the enterprise investigation information showed that Brilliance Renault Gold Cup Co., Ltd. (hereinafter referred to as "Brilliance Renault Gold Cup") newly filed for bankruptcy, the case number is (2021) Liao01 Breaking Shen No. 24, the applicant is Brilliance Renault Gold Cup, and the economic court is the Intermediate People's Court of Shenyang City, Liaoning Province.

Not long ago, renault Brilliance Gold Cup has suspended the payment of wages to employees, and French CEO Sigomey has also left China a few days ago. On December 21, the first financial reporter exclusively learned that the Renault Brilliance Gold Cup began to suspend the payment of wages from December 20. A Renault Brilliance Jinbei employee said that the company's december 20 meeting information shows: 1, from now on the suspension of wages; 2, various insurance and provident fund suspension (only pay medical insurance); 3, this year's heating fee has been put on the agenda, reimbursement or not specific waiting for the result. This information is communicated to each employee, soliciting opinions, employees with individual difficulties, applying, sorting out and reporting.

The above-mentioned employees also told reporters that at present, the company can handle the voluntary departure of employees, the processing time is basically 1 to 2 days to complete the termination of the labor contract, some people need physical examination, and the departing workshop employees must first communicate with the relevant person in charge to complete the handover of work in the workshop.

The reporter learned that after receiving the news of the suspension of wages, many employees defended their rights, but did not get relevant responses. In addition, the Renault Brilliance Gold Cup has been in arrears to a number of suppliers for several months, and some suppliers have taken the Renault Brilliance Gold Cup to court.

Brilliance Renault Gold Cup filed for bankruptcy! It was exposed that the payment of employees' salaries was suspended and a number of suppliers were owed for months

Formerly known as Shenyang Brilliance Brilliance Jinbei Automobile Co., Ltd., the Jinbei brand was born in 1989 and is the only commercial vehicle brand in China that represents a category by brand name. In 2010, the number of Jinbei buses exceeded 1 million, becoming the first brand of light passengers in China, reaching 75% at the highest market share in this segment, ranking first in China's commercial vehicle market for 19 consecutive years.

On December 15, 2017, Renault Group acquired a 49% stake in Brilliance Jinbei Automobile Co., Ltd. and jointly established Renault Brilliance with Brilliance China Automotive Holdings Co., Ltd., with the shareholding ratios of 49% and 51% respectively. Renault Brilliance plans to produce and sell light commercial vehicles under the three brands of Jinbei, Renault and Huasong, achieve annual sales of 150,000 vehicles by 2022, and accelerate the development of electric vehicle powertrains. However, since the establishment of the Renault Brilliance Gold Cup, the introduction of products has been slow, and it was not until November last year that a remodeled model was launched, and the first model of the Renault brand is scheduled to be put on the market in 2022.

Previously, Dongfeng Renault has withdrawn from the Chinese market, for what Renault plans to do next, as of press time, Renault China has not given a reporter's reply.

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