Shulou(Shulou.com)11/24 Report--

February 14 news, recently, some netizens sent a message that Weima Motor has implemented the policy of suspension of pay and retention of all staff, and there is no compensation. A screenshot of the online chat shows that the Weima marketing department has been told that it is not working at home and that there is no compensation from Never1.

In this regard, the Red Star Capital Bureau to Weima Automobile to verify the above information, the other side said that "did not receive this news."

In fact, this is not the first time that Weimar has reported a pay cut. As early as 2020, it was reported that Weima stopped paying a wide range of year-end bonuses without giving specific KPI assessment criteria, and the amount of the bonus is roughly equal to 40% of the employee's total annual salary for a normal year.

In October last year, Weimar had serious financial problems again. According to interface news, sources close to the company say Weimar is implementing a series of proactive financial policies, including a 50% pay cut for senior executives. According to another media report, some internal employees have revealed that starting from October 2022, Weima Motor will pay 70% of the salaries of grass-roots employees. To be sure, Weimar has recently cut salaries to varying degrees, from executives to grass-roots employees.

According to the financial report, the operating condition of Weima Motor has been very bad in recent years. According to the prospectus issued by Weima in September 2022, Weima's income from 2019 to 2021 was 1.762 billion yuan, 2.671 billion yuan and 4.743 billion yuan, respectively. The losses during the year reached 4.145 billion yuan, 5.084 billion yuan and 8.206 billion yuan respectively. The losses continued to increase in the past three years, with cumulative losses reaching 174.35 billion yuan.

Weima Automobile was founded in 2015, and its first production model, EX5, was officially unveiled in December 2017. it was one of the first new power brands to enter the new energy vehicle market in China, and was in the first echelon with Wei Xiaoli at that time.

However, since 2021, Weimar has experienced frequent incidents of spontaneous combustion, and then experienced a large-scale incident of vehicle owners recalling the "power lock". It was then that Weimar's sales fell sharply and disappeared from the sales list by 2022.

According to the Federation of passengers, the cumulative sales of Weima cars in 2022 were only 29450, down 33.3% from the same period last year.

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