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The "first brother" of the legal system was defeated and retired Brilliance Renault Golden Cup filed for bankruptcy and temporarily paid salaries

Less than 24 months after Dongfeng Renault withdrew from China, the "one brother" of french cars has been defeated, and just past December 30, 2021, Renault Brilliance Jinbei Co., Ltd. also filed for bankruptcy. According to a number of media reports, the National Enterprise Bankruptcy and Reorganization Case Information Network shows that the case number is (2021) Liao 01 Breaking Shen No. 24, and the economic and administrative court is the Intermediate People's Court of Shenyang City, Liaoning Province.

The "first brother" of the legal system was defeated and retired Brilliance Renault Golden Cup filed for bankruptcy and temporarily paid salaries

On December 30, it was only the time of the final detonation, so in the fuse of the mine explosion, in fact, the defeat of the Renault Golden Cup had already begun. In 2010, the ownership of the Jinbei market exceeded 1 million vehicles, becoming the first brand of China's light passengers, which is a highlight moment worth remembering the Jinbei, because from 2017, after the joint venture qualification with Renault, the introduction of Renault brand models wanted to save the increasingly bad Jinbei market, but found that there was no use, and in 2020, Ta's sales were only 2.3W, and at that time, Ta's failure seemed to have become a foregone conclusion.

The "first brother" of the legal system was defeated and retired Brilliance Renault Golden Cup filed for bankruptcy and temporarily paid salaries

And why the failure, in fact, is because the plan is wrong, the original cooperation with Renault is to want Renault's new brand model, but after the joint venture has not been introduced Renault model, a model of the world of course is not good, research and development technology is also relatively lagging behind, by the market eliminated is only a matter of time.

The "first brother" of the legal system was defeated and retired Brilliance Renault Golden Cup filed for bankruptcy and temporarily paid salaries

According to the employees of the Renault Brilliance Gold Cup, the company's meeting information on December 20 has been stated: 1, from now on the suspension of wages; 2, various insurance and provident funds are suspended (only pay medical insurance); 3, this year's heating costs have been put on the agenda, reimbursement or not specific waiting for the results. This information is communicated to each employee, soliciting opinions, employees with individual difficulties, applying, sorting out and reporting.

The "first brother" of the legal system was defeated and retired Brilliance Renault Golden Cup filed for bankruptcy and temporarily paid salaries

And this series of products is to require employees to voluntarily leave, the processing time is basically 1 to 2 days, the departing workshop employees must first communicate with the relevant person in charge, to complete the work handover in the workshop. Also from December 20, the Renault Brilliance Gold Cup began to suspend the payment of wages.

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