The reorganization plan of the company was completed

Mondo Cars Updated on 2024-01-29

IT Home News on December 15, according to the Beijing No. 1 Intermediate People's Court, recently, the Beijing No. 1 Intermediate People's Court ruled to confirm the completion of the implementation of the reorganization plan of the simplified international automobile design (Beijing) ** simplified automobile company, and terminated the reorganization procedure of the simplified automobile company.

IT House Attached Incident History:

In December 2020, the Beijing No. 1 Intermediate People's Court ruled to accept the bankruptcy reorganization case of Jianshi Automobile Company. During the trial of the case, the court learned that Jianshi Automobile Company was once the leading enterprise of China's independent automobile R&D institutions, and it was also the first company to transform into the R&D business of new energy vehicles, and had rich experience in model planning and development, but it was in trouble due to debt default due to the guarantee of the parent company. In November 2022, the Beijing No. 1 Intermediate People's Court ruled to restructure Jianshi Automobile Company, considering that Jianshi Automobile Company has accumulated intellectual property rights and technology, and that major creditors support the company to carry out reorganization, which has greater reorganization value and reorganization potential.

More than 1,300 yuan of employee claims were fully paid in cash;The secured claims within the scope of the reorganization shall be paid off in full, and the secured claims that are not within the scope of the reorganization shall be disposed of at a discounted price;The repayment rate of ordinary claims is increased through a variety of combinations, such as segmented repayment and "cash repayment + debt-to-equity swap".。As of the end of November 2023, the reorganization plan of Jianshi Automobile Company has been fully implemented, and the corporate debt crisis has been effectively resolved.

It is understood that the Janita Automobile Company was founded in 2004It is now a vehicle research institute under Hong Kong FDG Electric Vehicle GroupThe main business scope includes the design of new energy vehicles and key components, vehicle trial production, etc., and the main customers have been BAIC Group, Dongfeng Group, SAIC Group, Chery Automobile, etc.

On 29 August 2020, Jianshi was ordered to enter bankruptcy proceedings under the PRC Enterprise Bankruptcy Law after a creditor filed a bankruptcy petition.

Photo source Pexels At present, the newly established Beijing Simple Enterprise Management Center (Limited Partnership) is gradually recovering the original research and development capabilities of new energy vehicles and core components.

The registered capital of Beijing Simplified Enterprise Management Center (Limited Partnership) is 377182.46 million yuan, the business scope includes the research and development of new energy vehicles and core components;Business Management;Business management consulting.

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