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guangdong new force had its equity worth 125 million yuan frozen.

after the scandal, hycan is under attack from all sides。

externally, due to a contract dispute, the equity was frozen.

internally, employees’ salaries are in arrears and car owners have no access to after-sales services.

even so, some stores are said to be still selling new cars, but after trying to contact the store, the call was hung up within seconds.

unable to pay wages, equity frozen, stores out of touch...hpc is repeating the mistakes of "weimar".

however, the new forces that collapsed in the past have repeatedly sent out self-rescue signals after the explosion, while hopson has not responded so far.

guangdong new power’s equity is frozen

public industrial and commercial information shows that hechuang has recently added three new equity freeze information, with the amounts ranging from 100 million yuan, 20 million yuan, and 5 million yuan.the total amount is 125 million yuan, and the freezing period is 3 years.。

this year,the equity of hechuang's companies has been frozen as many as 12 times, and the amount is getting bigger and biggerat the beginning, the single transaction amount was only a few million yuan, but now it has reached 100 million yuan.

however, the previously frozen shares all came from hechuang andgac trumpchijoint venturegac passenger vehicle (hangzhou) co., ltd., which is controlled by gac.

the company whose equity was frozen recently is guangzhou hechuang automobile sales and service co., ltd., which is 100% controlled by hechuang.

in addition, hechuang has added 26 new contract disputes this year, most of which were filed in august, and the parties involved include suppliers and media companies.

the 20 million yuan worth of equity that was frozen recently was due to a service contract dispute with the media company langzhi.

external contract disputes and internal wage arrears.

hechuang, which is unable to sell its cars, may really be out of money.

wages in arrears, after-sales service

the predecessor of hechuang isgac aion, established in 2018 as a joint venture between gac aion (then gac new energy) and nio.

later, weilai's strategy was reduced.in 2021, the equity in gac aion was diluted, and gac aion was renamed hechuanglater, nio withdrew from the ranks of shareholders, while gac is still the major shareholder of hi-tech.

after a makeover, hiphoenix's sales still showed no improvement, with combined sales in 2022 and 2023 at around 40,000 vehicles.

sales in the first half of this year plummeted to3738 vehicles, down year-on-year72.7%the newly launched hiphoenix v09 also received a mediocre response.

sales have been sluggish for a long time, and the crisis is coming.

as early as april, hechuang's financial situation was stretched, and some employees revealed that they were only paid basic wages at the time.

two months later, some employees went to the gac center and held up banners to demand "follow-up investment funds."

the so-called "follow-up investment" means that during the period when hechuang implemented the employee stock ownership plan, more than 50 employees were forced to follow the investment, and the cumulative follow-up investment amount exceeded 100 million yuan.

at that time, it was promised that i would be reimbursed if i resigned, but now that i have no money, the promise is invalid.

according to the latest revelations on social media platforms, hechuang is not only unable to repay the follow-up investment, but now it can't even pay the basic salary.

not only its own employees, the collapse of hechuang has further affected car owners.

it has been reported that many hycan car owners recently reported that the local 4s store had moved away, leaving them with no way to repair their car's computer failures and no way to obtain auto parts.

after-sales service has started, and it is said that new cars are still being sold.

relevant stores can also be searched on the map. smart car reference tried to contact two stores in beijing, but the calls were hung up seconds after being connected.

hichuang has hit rock bottom amid this year's fierce competition and may really have reached the end of its rope.

previously, wm motor and hihip had also faced a situation where they had no money to pay salaries and their stores had lost contact.

although they eventually entered the pre-reorganization stage, hiphi and wm motor both tried to save themselves at the door of the icu, sending a signal to the outside world that "i think i can still be saved."

however, hichuang has remained silent for a long time, and the protection of the rights and interests of car owners and employees remains unclear.