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List of the contents of this article:

• 1,LR stock price Philippines The memory of the times of FAW Shili is coming to an end! Officially renamed "Tianjin Bo County" and set off again
• 2,Multi-place automobile project thunder: the sinking of new cars and the sorrow of local governments
• 3, The new car-making force of "digging pits", Xu Liuping of "filling pits"

The memory of the times of FAW Shili is coming to an end! Officially renamed "Tianjin Bo County" and set off again

[Pacific Automobile Network] Tianjin FAW Shili Automobile Co., Ltd. (hereinafter referred to as FAW Shili) was changed to Tianjin Bo County Automobile Co., Ltd. (hereinafter referred to as Tianjin Bo County), and the legal representative was changed to HUANGXIMING.

Charley, which has many good memories of many people, officially withdrew from the automobile world in early 2020.

On March 12, FAW Shili issued the "Announcement on the Progress of the Implementation of Major Asset Reorganization" and officially renamed the enterprise "Tianjin Boxian Automobile Co., Ltd." and turned itself into a new car company. From then on, Charley completely disappeared from our world.

Multi-local automobile projects explode: the sinking of new car manufacturing and the sadness of local governments

Watching more and more new car manufacturing forces join Nanjing, in 2019, Nanjing proposed "building a new energy vehicle industry The landmark action plan" aims to turn the new energy vehicle industry into a landmark industry that highlights Nanjing's characteristics and reach the industrial level of "the province's first national and global influence".

At present, Sailin Automobile is in deep operational difficulties, and all its projects in Beijing, Jiangsu Rugao and Shanghai have been stopped. Second: Baiteng Automobile, a new car manufacturing enterprise, was criticized by the authoritative media. It was unscrupulous and burned 8.4 billion yuan but still couldn't make a car, which made everyone laugh out loud.

The local government is an important driver for the rapid development of new car-making enterprises, but its contribution to the car-making movement is not directly proportional to the reputation and return it deserves.

Although the local government cannot wad the muddy water, it still has the motivation to arrange capital to save it. What the battle requires is to isolate the previous debt and go into battle lightly. Now that this operation has been completed ahead of schedule, the financing has cleared the obstacles. As we all know, Evergrande Automobile bears the last hope of Evergrande Group to rise again.

And this is why, even in the case of serious insolvence, Xu Jiayin can brazenly say such cool words as "If you want to hand over the building, you have to lend me another 300 billion yuan". With the help of the new energy vehicle, many real estate enterprises have regarded car manufacturing as an investment opportunity and a springboard for transformation.

After being qualified to make cars, Evergrande Automobile built its own factory with a large amount of money. In June 2021, the first phase of Evergrande New Energy Vehicle Guangxi Base was immediately put into construction, located in Lingli Industrial Park, covering an area of 1,260 mu, with a total investment of 5 billion yuan (the first batch of 1.2 billion yuan), and plans to produce 100,000 sets of pure electric passenger vehicles with an annual output of body and parts assembly.

Xu Liuping, a newcomer to the central enterprise in the automobile industry, after taking up the new FAW Group, was the first to set fire to the technical center and said harshly that if a breakthrough cannot be achieved in new energy vehicles next year, one-third of the technical personnel will roll up and leave. It is not difficult to understand Xu Liuping's sense of urgency at this time.

For Xu Liuping and his FAW at the helm, how to find the right "bottom card" in the new energy sector is undoubtedly a long way to go.Based on the present, although FAW has relieved the "heavy burden" of Shili, it still has to face the difficulties and dangers of the new energy market.