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qoros auto and its shareholders were forced to execute another 660 million yuan, bringing the total amount of execution to more than 1.4 billion yuan

2024-09-03

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according to it home on september 3, qoros auto co., ltd., shenzhen baoneng investment group co., ltd., wuhu chery automobile investment co., ltd., hangzhou chengmao investment co., ltd. and others added a new information on the person subject to execution on september 2. the execution target was more than 669 million yuan, and the executing court was beijing financial court.

qoros auto co., ltd. was established in december 2007. its legal representative is he hua. its registered capital is approximately rmb 16.925 billion. it is jointly held by hangzhou chengmao investment co., ltd., wuhu chery automobile investment co., ltd. and quantum (2007) llc.

the company currently has 36 pieces of information on persons subject to enforcement, with a total amount of enforcement of 1.435 billion yuan. in addition, the company also has multiple information on restriction orders on consumption, dishonest persons subject to enforcement (laolai), and final cases.

in addition, qoros auto co., ltd. issued a new tax arrears announcement on july 31. the types of taxes owed include urban maintenance and construction tax, property tax, stamp duty, personal income tax, consumption tax and urban land use tax. the tax authority is the suzhou taxation bureau of the state administration of taxation. the total amount of taxes owed is more than 42.52 million yuan.

according to a report by it home in may 2022, the shandong automobile circulation association issued a "consumer warning on qoros brand automobiles". the document mentioned that several car owners complained that there was no 4s store for after-sales repair and maintenance. the shandong automobile circulation association included the baoneng qoros automobile brand in the consumer blacklist.

qoros auto co., ltd. is an automobile manufacturer with design centers, technology centers and engineering r&d centers in munich, germany and shanghai, china, and has a total of five models. in 2017 and 2019, baoneng acquired qoros auto's equity for rmb 6.63 billion and rmb 1.56 billion respectively. after the acquisition, baoneng's shareholding in qoros auto increased to 63%, making it the controlling shareholder. chery and kenon held 25% and 12% of the shares respectively.