news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

IT Home reported on August 10 that HiPhi Automobile released a "Message to HiPhi Owners" on its official website last night (August 9).It was announced that it has officially entered the judicial pre-reorganization stage and is looking for an effective solution for "rebirth" through self-help.

IT Home attached the complete content of HiPhi Auto as follows:

Hello, car owners and friends.

It has been a long time since I last communicated with you. Car owners must be very concerned about the current progress and status of HiPhi.

I believe that everyone will have many questions and confusions after seeing the decision of the People's Court of Yancheng Economic and Technological Development Zone yesterday on approving the initiation of judicial pre-reorganization of Human Horizons (Jiangsu) Technology Co., Ltd.

What we want to explain to everyone is that there are serious problems with the expressions used in some self-media and media reports on the Internet.HiPhi Auto has now officially entered the stage of judicial pre-reorganization.

This pre-reorganization system can give full play to the management and control of the enterprise to be reorganized, through the consultation and autonomy of the common interests of the enterprise and its related entities under the protection of the law.Help companies in trouble to find more effective solutions for "rebirth" as soon as possible through self-help.

Judicial pre-reorganization processIt can effectively save time and costs, pool the resources and funds of all stakeholders, and improve restructuring efficiency.

The most important thing is that pre-reorganizationEnter"It is possible to reorganize through an agreement and dispose of debts in batches according to a uniform plan;"retreat"You can exit the procedure at any time, which provides great flexibility and compliance in resolving debts and achieving restructuring.

This judicial pre-reorganization is an important turning point for gradually resolving HiPhi's current predicament. It is also a key step for the government, courts, shareholders, and potential investors to recognize the value of HiPhi, and to push Human Horizons to resolve creditor issues with the intervention of judicial effectiveness, and to form a restructuring and regeneration plan that is in the common interests of all parties as soon as possible.

Judicial pre-reorganization is the first step. After reaching an agreement on judicial pre-reorganization, we will carry out judicial reorganization. In this way, the agreement between us and the creditors can be locked, and the company will be officially on the right track.

The question that car owners are most concerned about is: "Does HiPhi have to wait until the reorganization process is completed before it can be started? 6 months? 9 months?" After the reorganization process is started,The first is to normalize the after-sales service for users, and the second is to promote the parallel development of "reorganization without stopping production"。

With the strong support of the government and all shareholders, and under the protection of the law, we will conduct in-depth and effective communication with relevant potential investors, actively negotiate with creditors and investors, and promote early resumption of production. This will also help the company get back on track as soon as possible.

"Judicial pre-reorganization" is not "bankruptcy reorganization" nor is it "bankruptcy liquidation."

With the support of the government, the understanding of car owners, the company of partners, and the help of stakeholders and potential investors, all HiPhi employees who stick with the company will fight to the end together.We will strive to resume work and production, and at the same time fully guarantee after-sales service for car owners.。

Once again, thank you to all car owners and friends for your understanding and tolerance!

Let us look forward to the rebirth of Human Horizons as soon as possible!

HiPhi