2024.11.17
多名已离职的合创汽车上海分公司人士表示：“原本与公司协商于10月31日前发放N+1的赔偿金，至今仍未发放。”

On the date, the Guangzhou Auto Show officially opened, with a number of new energy vehicle companies vying to showcase their products. However, GAC-Hycan, headquartered in Guangzhou, was absent from this year's event. According to First Financial Daily, sources have revealed that GAC-Hycan has laid off all employees at its Shanghai branch and is withholding compensation for the laid-off staff.

Multiple former employees of the Shanghai branch of Hengchuang Automobile have told reporters: "The company originally agreed to pay the + compensation by the end of the month, but now it has been overdue for half a month and the compensation has not been paid, and it has been delayed."

Additionally, several laid-off employees of Hengchuang Auto told reporters that after the large-scale layoffs in the month, only a few dozen people remain at the company's Guangzhou headquarters to maintain basic operations. The remaining employees will be relocated to the Nansha District for work, and the company may be planning a restructuring. Reporters sought verification of the above information from Hengchuang Auto, but had not received a response by the time of publication.

As early as this month, multiple car owners have reported that the sales channels of HECIAUTO in Shanghai have almost completely ceased operation, including shopping mall experience centers and branch phone lines, all of which are unanswered. On the 10th, the Shanghai Market Supervision Administration has listed HECIAUTO's Shanghai branch in the business exception list due to the inability to contact through the registered residence or business location.

At the Guangzhou headquarters of Hozon Auto, former employees of Hozon Auto conducted a rights protection action this month, demanding that Hozon Auto refund their follow-up investment funds. During the period from ~ years ago, Hozon Auto implemented a phased employee stock ownership plan, involving core talents to middle-level personnel, with over a thousand follow-up investors and a cumulative amount exceeding one billion yuan. However, due to Hozon Auto's current financial issues, it is temporarily unable to refund the follow-up investment funds from the employee stock ownership plan.

As of now, the cumulative equity of over 100 million yuan held by HEC Automobile in Guangzhou Automobile Group Passenger Car (Hangzhou) Co., Ltd. has been frozen. Meanwhile, more than 100 suppliers or service providers of HEC Automobile have filed lawsuits against it with the Nansha District People's Court of Guangzhou for contract disputes, including China Automotive Technology & Research Center (Guangzhou) Co., Ltd., Guangdong Automotive Testing Center Co., Ltd., Tecnica Automotive Design Consulting (Shanghai) Co., Ltd., Xiangyang Guangrui Automotive Parts Co., Ltd., Ningbo Huade Automotive Parts Co., Ltd., and Wuhu Zhiyuan Electromechanical Equipment Technology Co., Ltd., among others.

The predecessor of HECATE Auto was GAC-NIO, a joint venture between GAC Group and NIO. In the year, GAC-NIO underwent a restructuring. Currently, the two largest shareholders of HECATE Auto are Guangdong Zhutou Intelligent Technology Investment Co., Ltd., a subsidiary of Guangdong Zhujiang Investment Management Co., Ltd., and GAC Aion, a wholly-owned subsidiary of GAC Group.

According to GAC Group's monthly production and sales data, the monthly sales of Hengchuang Motors were below units, a year-on-year decrease of .%; from January to the current month this year, the cumulative sales of Hengchuang Motors were below units, a year-on-year decrease of .%.

Currently, Hozon Auto offers a range of pure electric vehicles, including Hozon, Hozon, Hozon, and Hozon, with prices ranging from 100,000 to 2,000,000 yuan. The product lineup covers sedans and SUVs.

To boost sales, Hengchuang Auto launched the "Site Support Plan" in this month, requiring employees to assist in sales at various dealer stores and implementing detailed incentive and penalty mechanisms. Meanwhile, Hengchuang Auto's major shareholder, Guangdong Zhujiang Investment Management Co., Ltd., has mandated its three major real estate groups to implement a car sales plan, promoting "dual sales of houses and cars."

Previously, Yang Ying, director and co-president of Hozon Auto, told the First Financial Daily in an interview that the competition is now particularly fierce, and only about three companies will survive in the future if they follow Tesla's route of large-scale standardization. He believes that as a new force in the automotive industry, Hozon needs to avoid direct confrontation with Tesla in stages and take the path of differentiated competition.

Yang Ying stated, "The strategy for the product lineup of Hengchuang Auto is to fight when you can win, and run when you can't. Don't directly confront Tesla head-on for now. Whatever Tesla does, Hengchuang will temporarily refrain from doing the same. Tesla's main price range is for cars in the tens of thousands to hundreds of thousands of yuan, and currently, Hengchuang Auto, apart from its existing products, will not venture into this market for the time being."