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It is planned to raise 6 billion yuan, and Zotye will be "reborn"?

Publish Date: 2022.06.16

  Zotye Auto, which has been silent for a long time, has new news. A few days ago, ST Zotye announced that it plans to raise no more than 6 billion yuan, of which 4.732 billion yuan will be used for new energy intelligent networked vehicle development and R&D capacity improvement projects, accounting for 78.87% of the total funds raised.

  In addition, Zotye Auto's future new car plan was announced not long ago, and it will develop four new energy and intelligent connected passenger vehicles based on three platforms, including three pure electric large and medium-sized SUVs and a pure electric sedan.

  Image source: Zotye Auto

  Zotye Automobile used to be a very popular independent car company in the domestic automobile industry, but after just a few years of high-profile moments, Zotye Automobile quickly fell into operational difficulties. The dragged down is insolvent and declared bankrupt. According to the information compiled by Gasgoo, Zotye Auto officially submitted a reorganization application in October 2020, and began to openly recruit reorganization investors in July 2021. In September 2021, Jiangsu Shenshang Holding Group Co., Ltd. (hereinafter referred to as Jiangsu Shenshang) After review, he became the reorganization investor of Zotye Auto.

  In April this year, *ST Zotye said on the interactive platform that the company's current main profits come from the auto parts and door industry. In addition, *ST Zotye also pointed out that the company will continue to develop the auto industry after the reorganization, and the specific time for resumption of work and production is still uncertain.

  For Zotye Auto, since it will continue to engage in the automotive industry in the future, it is a wise move to focus its strategic focus on the current hottest new energy vehicles and intelligent networking. In the future, if you can position yourself as a brand new new energy vehicle brand, there may be a chance to turn over.

  This article is reproduced from Gasgoo


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