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

CTOnews.com July 21 news, July 20, Aichi issued a "notice on the establishment of an interim working group on shareholder governance." According to the document, the temporary working group set up this time includes 10 working groups, including the resumption of work and production group, the R & D group, the overseas group, the domestic sales group, the fuse financing group (abbreviated by CTOnews.com Note: "introducing strategic investment"), the IT group, the personnel group, and the legal group. This means that Aichi, which has been suspended and paid for several months, will resume work and production.

▲ Tuyuan first Electric Network according to the domestic media No. 1 Electric Network, the reason why Aichi was able to resume work and production is that foreign capital has been stationed. Zhu Xiaohua, one of the leaders of the interim working group on shareholder governance, is the dispatcher of the management, but the specific information of the management has not been disclosed yet. In addition, another working group leader, Fu Qiang, is also one of the co-founders of Aichi, but Zhang Yang, chairman of Aichi, does not appear on the list.

CTOnews.com previously reported that Aichi employees revealed earlier this year that Aichi had suspended operations because of a shortage of funds. The headquarters of the company lost power due to arrears of office rent, property charges and utilities, and employees were required to work from home. Moreover, employees' salaries, social security and provident funds have not been paid on time.

Aichi's salary has been abnormal since February this year, when (May 2023) wages for March and April were not settled. The company has only about 1600 employees left, many of whom have left, and the supplier of Aichi has also encountered the problem of arrears of payment.

Many sections of Aichi App have also been emptied; maintenance packages, vehicle lifetime warranty rights and interests, discharge guns and other services have been unable to use normally.

Sales of Aichi cars have also been unsatisfactory. Figures show that Aichi sold 2600 vehicles in 2020, 3011 in 2021 and 2824 in the first eight months of 2022. In October 2022, Aichi launched its second production model, the U6, but did not improve sales. In the first three months of 2023, Aichi sold only 92 cars.

Data show that Aichi was founded in February 2017 by Fu Qiang, who once worked as an executive at Mercedes-Benz, Audi and Volvo. The company's factory in Shangrao, Jiangxi has an annual production capacity of 150000 vehicles, has an R & D center and design center in Shanghai, and battery factories in Changshu, Jiangsu and Europe. However, as one of the earlier batch of new car-building forces to achieve mass production and delivery, the operating state of Aichi car has always been difficult to improve.

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