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With the vigorous development of new energy vehicles, power batteries are undoubtedly the outlet industry, and many companies are making a lot of money.
Taking the leading enterprise CATL as an example, according to the latest data, CATL expects the net profit of 2021 to be 14 billion yuan - 16.5 billion yuan, an increase of 150.75% - 195.52% year-on-year, which is the strongest performance in history, which is much higher than the industry's forecast for ningde's annual net profit of 11.23 billion yuan.
However, a few joys and a few sorrows, the same is the veteran power battery company Rongsheng Mengguli did not take advantage of this wave of "cheap", and even the wages could not be paid.
The year is approaching, some media @ electric zhijia received the news, Rongsheng Mengguli issued a letter of understanding and communication to employees:
"In view of the company's current funding problems, the payment of performance bonuses and overtime pay for October, November and December 2021 will be suspended."
@Electric Zhijia also broke the news that "since July 2021, employees have been in arrears in wages, the provident fund has also been suspended, and employees have repeatedly asked the company for money, and the basic salary was paid in August." At present, there are no salaries for the three months of October, November and December 2021."
Bet on the wrong treasure, and make a difference with the wrong person?
First of all, who is Rongsheng Mengguli?
According to the introduction of Mengguli's enterprises, the company was founded in 2002, headquartered in Changping, Beijing, with a registered capital of 485 million yuan, more than 2,000 employees, and a manufacturing base of Tianjin Manufacturing Base, Nanjing Manufacturing Base, Guangxi Manufacturing Base, Chongqing Manufacturing Base, etc., and is a well-established power battery enterprise in China.
In 2015, CITIC Guoan acquired 100% of Mengguli, which at that time stood on the cusp of the times in the commercial vehicle field, the market share of the domestic PHEV commercial vehicle field once reached more than 50%, and contributed nearly 70% of the net profit to CITIC Guoan in 2016.
In 2018, due to the debt crisis, CITIC Guoan began to peddle Mengguli in the capital market, and Rongsheng Group, a real estate developer who was bent on transformation, took over Mengguli in batches and became the controlling shareholder of Mengguli, so the company was renamed Rongsheng Mengguli New Energy Technology Co., Ltd. with CITIC Guoanmeng Guli Power Technology Co., Ltd.
However, with the takeover of Rongsheng, Mengguli continued to focus on the field of PHEV commercial vehicles on the one hand, and on the other hand, it also began to seek expansion in the field of passenger cars.
In addition to continuing to supply yutong, Foton, Jinlong and other old bus users, in 2019, Mengguli made a series of moves, first of all, the passenger car market and Chery New Energy reached a strategic cooperation agreement, established a joint venture with Dayun Automobile Group, won the saic-GM-Wuling model fixed point and established a Subsidiary in Guangxi... In the field of commercial vehicles, fawc, Dongfeng, Sinotruk and other customers have developed hybrid heavy-duty trucks and hybrid special models.
It is precisely because it is difficult to make achievements in the passenger car market, Mengguli has not been "bigger and stronger", but on the contrary, it has embarked on today's decline because of the problem of shareholder prosperity.
For several years, the real estate downturn has left Rongsheng in debt. As of the end of the second quarter of 2021, Rongsheng's total liabilities reached a staggering 235.323 billion yuan. The sharp turn in financial conditions made it difficult for Rongsheng to protect itself, and soon it spread to the subsidiary of Mengguli.
First of all, the company did not form a climate in the broader passenger car market and failed to seize the majority of the market dividend; in addition, the parent company Rongsheng's sparse operation in the real estate market directly brought the entire group into danger, so that Mengguli suffered from the disaster of pond fish.
The times can create a giant like Ningde, but it is difficult to save the defeat of Mengguli, and the misery of capital and the deviation of development planning are the urgent needs of reflection of Mengguli.
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