A few days ago, we learned from the Ali auction platform that the Nantong Intermediate People's Court updated an auction information about "Jiangsu S Automobile Company". The auction target was once named Rugao High-tech Entrepreneurship Service Co., Ltd., Jiangsu S Automobile Investment Co., Ltd. The company was established on July 10, 2009, with a registered capital of 10 billion yuan, and its business scope involves technical research in the automotive industry and auto parts manufacturing.
Through these basic information combined with the public pictures on the online shooting platform, it was found that Jiangsu S Automobile Company is Sailin Automobile. The auction is located in groups 5, 6, 7 and 8 of Zhennan Community, Chengbei Street, Rugao City, the land use rights of Groups 7, 12 and 18 of Shuanglong Community, and the above-ground buildings and assets involved in machinery and equipment, production lines, assembly lines and other assets, with a starting price of nearly 2.38 billion yuan, which will be publicly auctioned on May 30, 2022.