Sky Eye Inspection shows that on September 3, Weima Automotive Technology Group Co., Ltd. added two pieces of information on the person subject to execution, with a total execution target of more than 11.
27 million yuan, involving sales contract disputes and other cases.
The persons subject to execution also include Weima New Energy Vehicle Sales (Shanghai) Co., Ltd., Shenzhen Anertai Hardware Products Co., Ltd., etc., the enforcement courts are Zhuji City People’s Court and Dongguan city Second People’s Court.
Data shows that WeiMa Automotive Technology Group Co., Ltd. was established in May 2012, with its legal representative being SHEN HUI, a registered capital of 6 billion yuan, and is wholly owned by Suzhou WeiMa Smart Travel Technology Co., Ltd. Risk information shows that the company currently has 9 pieces of information on the person subject to execution, with a total amount of 722 million yuan executed.
In addition, there are also multiple consumption restriction orders, dishonest person subject to execution (laolai) and final case information.
Photo source: Tianyancha, in March this year, Weimar Automobile’s first creditors ‘meeting was held at the Third Intermediate People’s Court of Shanghai City.
Creditors attended the meeting through video access and voted on the reorganization case.
After review, the manager confirmed the creditors of 564 Weimar Technology Group, with a total confirmed creditor’s rights of 3.
376 billion yuan.
After audit, Weimar Technology Group’s total book assets were 3.
988 billion yuan and total liabilities were 20.
367 billion yuan.
It is not difficult to see from the data that Weimar Automobile has fallen into a serious insolvency situation.
Since the end of 2022, Weimar Motors has been in constant trouble.
In November 2022, Weimar was exposed that in order to alleviate financial pressure, the company’s management took the lead in reducing salary.
In 2023, WeiMa Automobile’s Wenzhou and Huanggang factories will enter a state of production suspension, and there will also be layoffs and no pay, store closures, equity freezes, and bankruptcy reorganization.
Although it was reported during this period that Weimar was trying to go to sea and Kaixin Automobile planned to acquire Weimar, there was no further explanation.
As negative news continues to be exposed, the possibility of Weima’s resurrection becomes lower and lower.
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