Jiwei Network news, on April 19, according to every news report, an insider close to Hanteng Automobile broke the news: "Hanteng Automobile has notified internally that the company will complete bankruptcy and restructuring before the 25th of this month." The first phase of Hanteng Automobile's factory will also be sold to Great Wall Motors at a low price. ”
In this regard, Great Wall Motors verified. "At present, we have not received relevant news, and we will implement it as soon as possible." Great Wall Motor related staff said.
According to Tianyan, Hanteng Automobile Co., Ltd. (i.e. Hanteng Automobile) was established in November 2013, the legal representative is Wang Gendang, and it is jointly funded by Lantu Automobile Co., Ltd., Shangrao Hanteng New Energy Industry Center (Limited Partnership) and Shangrao Tengjun Technology Co., Ltd., with a shareholding ratio of about 61.6246%, 29.972% and 8.4034% respectively.
On April 11, Hanteng Automobile underwent industrial and commercial changes, Shangrao Tengjun Technology Co., Ltd. withdrew, and the equity was taken over by Lantu Automobile Co., Ltd., and the shareholding ratio rose to 70.028%. The shareholding ratio of Shangrao Hanteng New Energy Industry Center (Limited Partnership) remains unchanged.
Since August 2020, when Hanteng Automobile employees revealed that the company was in arrears of wages, the car company in Shangrao, Jiangxi Province, has been plagued by news such as unpaid work suspension, factory shutdown, and mortgage of production equipment. In June 2021, Great Wall Motor's WeChat public account suddenly announced that Great Wall Motor's vehicle and parts production base project was officially settled in Jiangxi Shangrao Economic and Technological Development Zone. At this point, Great Wall Motors completed the takeover of the second phase of Hanteng Automobile's factory.
Executives of Hanteng Automobile have said that Great Wall Motors only invested in the purchase of the second phase of Hanteng Automobile's factory and equipment in the factory, and did not participate in the restructuring of Hanteng Automobile.
Insiders close to Hanteng Automobile said that Great Wall Motors' takeover of the first phase of Hanteng Automobile's factory will be completed after the bankruptcy and reorganization of Hanteng Automobile.
(Proofreading/Andy)