News says WM Motor was “acquired” by Baoneng Auto and has appeared in Baoneng Exhibition Hall – Passionategeekz

Passionategeekz On June 19, according to Nandu Wancai Society today, in the Baoneng Automobile Exhibition Center at No. 406 Liyuan Road, Luohu District, Shenzhen, two “new” models A3s under Baoneng Automobile brand Youbaoli are facing the door, behind it,Two WM cars were parked suddenly。

The report mentioned that the store staff clearly stated thatWM has been “acquired” by Baoneng Auto. Another Baoneng Automobile insider revealed that Baoneng Automobile is handing over production qualifications and other assets with WM Motor.

On June 19, a reporter from Nandu Wan Finance interviewed the bankruptcy and reorganization administrator of WM Motor about the “take-up” of WM Motor in the event of Baoneng Automobile, and the reply received was “The investor should be Shenzhen Xiangfei”。

According to reports, Shenzhen Xiangfei is an automobile sales company that connects two auto companies that have exploded in 2023. Passionategeekz noticed that at the beginning of this year,Shenzhen Xiangfei became the only investor who successfully registered for the bankruptcy reorganization plan of WM Motorthe two parties finally signed a “Reorganization Investment Agreement”. Nandu Wan Finance Club revealed thatShenzhen Xiangfei legal person is not only the actual controller of Baoneng Automobile subsidiary, but its affiliates also hold equity in Baoneng Group.。

Baoneng Auto released the “Statement on the normal operation of the company》 stated that the company’s operations are normal.And a new car is about to be launched. Although some of the company’s directors, supervisors and other senior management personnel have resigned, it does not affect the normal operation and operation of the company, and all the company’s business is being carried out normally without any impact.

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