Kuaidi Technology reported on June 24 that according to multiple domestic media reports, recently, some netizens saw three employees suspected of GAC Co-Chuang pulling banners to defend their rights.
The contents of the banners are: “Hechuang Automobile will not refund employees and investment funds”,”Please GAC to protect employees, Hechuang Automobile will repay my hard-earned money” and “Please Zhujiang Investment Management to protect employees, Hechuang Automobile will repay my hard-earned money”, etc.
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, it is understood that Hechuang Company has previously formulated the institutional requirements of the “Measures for the Management of Compulsory Employee Follow-up Investment”.
From 2018 to 2021, it has implemented the Hechuang Automobile employee stock ownership plan in batches and completed the subscription of capital.
There are more than 50 mandatory follow-up personnel, involving an amount of more than 100 million yuan.
Hechuang promised to refund the investment money when leaving.
Now, after these employees leave, Hechuang Automobile has refused the employees ‘request for refund and investment due to financial problems.
At present, Hechuang Automobile has not made any relevant explanation and response to this matter.
It is reported that due to sales problems, Hechuang Automobile has shown signs of operating problems since the second half of last year.
In July last year, Hechuang Automobile started layoffs.
In March this year, a notice of the “On-site Assistance Plan” for all Hechuang employees was issued, requiring all employees to be dispatched to dealer stores to sell cars.
Later, another internal employee broke the news that Hechuang executives had already spoken internally that only the basic salary for May would be paid in June, and there was no guarantee that wages would be paid in July, allowing employees to find their own way out.
Data shows that the four models currently on sale by Hechuang Automobile are Hechuang A01, Hechuang Z03, Hechuang 007, and Hechuang V09, covering mid-size sedans, compact SUVs, medium SUVs and medium and large MPV markets.
The price range is 1398 – 438,800 yuan.
However, the sales volume of Hechuang Automobile has not entered the mainstream camp of new car-building forces.
In 2023, the cumulative sales volume of Hechuang Automobile will be 18559 units, a decline compared with 2022.
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