Gaohe released the latest progress of judicial pre-reorganization: two institutions have investment intentions

On August 22, the public account of “Chinese Express Temporary Representative” recently issued a document to disclose the latest progress of Gaohe Automobile’s judicial pre-reorganization.

Photo source: Screenshot of the public account of the temporary agent of Chinese Express.

According to the announcement, the temporary manager issued the “Announcement on Recruitment of Gongyi Bond Investors in the Pre-Reorganization Case of Chinese Express (Jiangsu) Technology Co., Ltd.”, and the deadline for registration of Gongyi Bond investors is August 31, 2024.

As of August 20, two prospective investors have submitted materials, and more than ten other institutions have conducted consultations over the phone.

It is reported that in July this year, Chinese Express, the parent company of Gaohe Automobile, applied to the court for reorganization of the company on the grounds that its assets could not pay off all due debts but had reorganization value and possibility, and also applied for pre-reorganization.

On August 8, the court filed a case and accepted the application for pre-reorganization of Chinese Express, and appointed Junhe Law Firm Shanghai Branch as the temporary manager of Chinese Express (Jiangsu) Technology Co., Ltd. Subsequently, on August 9, Gaohe Automobile’s parent company, Chinese Express, entered the pre-reorganization stage.

On the same day, it officially released “To Gaohe Car Owners Friends”, announcing that it is now officially entering the judicial pre-reorganization stage and seeking an effective solution to “rebirth” through self-rescue methods.

In addition, on August 19, Gaohe Automobile issued an after-sales service announcement stating that it is gradually resuming the supply of parts.

According to the agreement, from now until the completion of pre-reorganization and reorganization, Shanghai Yueda Zhixing Automobile Service Co., Ltd., a wholly-owned subsidiary of Jiangsu Yueda Automobile Group, is authorized to purchase Gaohe automobile parts and support Gaohe automobile after-sales service.

, Gaohe Automobile said that at present, the procurement of after-sales parts has started.

Gaohe Automobile’s after-sales service center and related cooperation outlets are gradually resuming the supply of parts.

Shanghai Yueda Zhixing Automobile Service Co., Ltd. is also actively preparing to increase service response in more than 20 cities.

This move will help gradually restore the coverage of Gaohe Automobile’s after-sales service response and improve the service guarantee for Gaohe Automobile owners.

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Link to this article: https://evcnd.com/gaohe-released-the-latest-progress-of-judicial-pre-reorganization-two-institutions-have-investment-intentions/

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