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Recently, the reporter learned from Tianyancha APP that HiPhi (Qingdao) Automobile Sales and Service Co., Ltd. and HiPhi (Chengdu) Automobile Service Co., Ltd. were restricted from high consumption by the Jinjiang District People's Court of Chengdu City for failing to perform the payment obligations determined by the effective legal documents within the period specified in the execution notice. At the same time, the legal representative of the two companies, Ding Lei, was also restricted from high consumption, involving a lease contract dispute case.

Case process information shows that not long ago, the two companies were forced to pay more than 880,000 yuan in this case.

HiPhi (Qingdao) Automobile Sales and Service Co., Ltd. was established in April 2021 with a registered capital of RMB 2 billion and is wholly owned by Human Horizons Investment Co., Ltd. According to Tianyan risk information, the company currently has multiple information on persons subject to execution, with a total amount of execution exceeding RMB 2.69 million. In addition, there are also information on restriction orders on consumption and equity freezes. HiPhi (Chengdu) Automobile Service Co., Ltd. was established in December 2020 with a registered capital of RMB 20 million and is wholly owned by HiPhi (Qingdao) Automobile Sales and Service Co., Ltd. The company has been executed twice together with HiPhi (Qingdao) Automobile Sales and Service Co., Ltd. It is worth mentioning that the legal representative of the above two companies is Ding Lei, the founder and CEO of HiPhi Automobile, who already has multiple restriction orders on consumption.
Xiaoxiang Morning News Comprehensive

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