Yao Zhenhua s brothers separated, 20 billion debts, and no cars to sell in the store, why did Baonen

Updated on Financial 2024-08-14
7 answers
  1. Anonymous users2024-02-16

    A few days ago, it was reported that the two brothers Yao Zhenhua and Yao Jianhui of Baoneng Group were about to separate, and after Yao Jianhui donated the shares of other Baoneng companies held by him to Yao Zhenhua, Baoneng Holdings spun off the Baoneng system and changed its name to Laihua Holdings. Baoneng Holdings' existing group structure and personnel will be transferred to Laihua Holdings as a whole.

    According to the report, Baoneng Group's "separation" may be related to Yao Zhenhua's car-making plan. As we all know, Baoneng has invested more than 100 billion yuan in the past three years in order to "build cars", and its business covers the automotive industry chain or mold industry chain, which also includes automotive software, leasing, and even glass manufacturing. With such a huge cost, Baoneng has been "building cars" for three years, but there has been no news of public financing, and there is no IPO plan of related car companies.

    Although Yao Zhenhua made such a big move to "build a car", the result was unsatisfactory.

    At present, Baoneng Automobile has a total of three vehicle production bases, Jiangsu Changshu is the Qoros manufacturing base, Shenzhen Baoneng Automobile Manufacturing Base is the acquisition of the original Changan PSA manufacturing base, originally scheduled to produce new energy vehicles in Xi'an, Guangzhou, Fuyang, Guiyang, Kunming, Kunshan and other places of the production base, only Xi'an has completed the first phase of the construction work.

    In 2020, Baoneng disclosed a total investment of more than 200 billion yuan, with a planned vehicle production capacity of 3.75 million years, covering an area of more than 10,000 acres. The fact is that the Xi'an base is the fastest progress of the car manufacturing base before the slowdown, and the first phase of the construction work has been completed, but the production capacity is only 300,000, which is 40% less than the original planned production capacity of 500,000 yuan in the first phase, and the total investment is only 9.8 billion yuan, presumably the planned investment of 40 billion yuan, a decrease of 75%. Projects in other places have not only made slow progress, but also reduced production capacity, among which the Fuyang base, which has a planned annual production capacity of 300,000 vehicles, has not yet been implemented.

    In November 2020, a document was issued requiring all localities to report the investment status of new energy vehicles, and named two car companies, one of which is Baoneng Automobile. In this regard, Baoneng replied to admit that Baoneng Automobile had false propaganda and water injection of production capacity.

    And Yao Jianhui may not want to go to this "troubled water" again, so he decided to leave with Baoneng Holdings.

  2. Anonymous users2024-02-15

    After the Baoneng Department passed the Baowan dispute, it was extremely hot, but the Baoneng Department, which was so strong, broke the news of the Yao brothers some time ago, the head of the Baoneng Department is the Yao brothers, the big boss Yao Zhenhua, the second boss Yao Jianhui, according to relevant personnel disclosures, it was the second master Yao Jianhui who proposed the separation, and as for why the split, it was also speculated by the majority of netizens, some people said that this division started from the beginning of building a car, will it be the trouble caused by the car, but in fact, it is not, through the relevant people and revealed, The reason why the two brothers separated was because of their different business ideas. In fact, in real life, it is actually very common for two brothers to break up, and the general reasons are the following situations. <>

    First of all, there is disagreement, a family lives together, disputes are inevitable, and the main reason for disputes is disagreement, so in order to maintain family harmony, choose to separate, this is human nature, after all, not together, then the contradictions will naturally be less, of course, the same, because not together, the feelings will be more or less light, but compared to because of disagreement and quarrel, this is nothing more than the best result, so the two brothers will separate, of course, this is also the most common situation of separation. <>

    Secondly, because of the development problem, everyone has their own way, and what parents can help you is only short-lived, when you grow up as a human being, you have to take on what you should bear, so the father will let you have a better development, to be independent, will let your two brothers separate, of course, this separation is a way of motivation, the internship network can be more responsible and responsible. <>

    Of course, the family is divided, the heart cannot be divided, and the two brothers must work together so that they can make profits. It can't be said that because of the separation, each has its own way and does not interfere with each other, which is wrong and violates the meaning of the separation, so everyone should treat the separation incident rationally.

  3. Anonymous users2024-02-14

    Personally, I don't think it's the car makers' fault. For the two brothers, there has always been a conflict between them. Secondly, their business philosophy is also not quite compatible. So in order to make Baoneng better, the two decided to separate.

  4. Anonymous users2024-02-13

    The Yao brothers' separation has the impact of making cars, but the most important thing is that their long-term philosophical disagreement is caused, and there is a relatively large difference between the elder brother and the younger brother's business ideology, so it is not surprising that this situation occurs.

  5. Anonymous users2024-02-12

    It is the influence of car building. Because the sales of Baoneng Automobile are not very good, a lot of money needs to be invested. As a whole, the profitability of Baoneng Group has been reduced. It led to the Yao brothers to divide the shares.

  6. Anonymous users2024-02-11

    is because of this reason, the direct reason for their separation, if it weren't for this incident, it is estimated that they would not have separated so early.

  7. Anonymous users2024-02-10

    Yes. Because the two disagreed, it eventually led to the separation of the two.

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