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Individual Investors Are Zotye Automobile Co., Ltd's (SZSE:000980) Biggest Owners and Were Hit After Market Cap Dropped CN¥1.2b
Another car company in trouble? Zotye Automobile adds 0.18 billion yuan in debt, and may report losses exceeding 1.2 billion in 2024.
Debt chain explosion.
Zotye Automobile (000980.SZ): The total newly due unpaid debt principal amounts to 0.18 billion yuan.
Gelonghui, April 3丨Zotye Automobile (000980.SZ) announced that as of the date of this announcement, the total undisclosed newly matured unpaid debt principal of the company and its subsidiaries amounts to 0.18 billion yuan, accounting for approximately 14.58% of the company's most recent audited net assets.
The Shanghai Auto Show will be held in April, the Bullish automotive consumption policies continue, and these Concept stocks frequently receive research.
The 21st Shanghai International Autos Industry Exhibition (2025 Shanghai Auto Show) will be held from April 23 to May 2.
Zotye Automobile (000980.SZ): China Zheshang Bank intends to reduce its shareholding by no more than 3%.
On March 19, Gelonghui announced that Zotye Automobile (000980.SZ) reported that the shareholder China Zheshang Bank plans to reduce its shareholding in the company by no more than 3% of the company's total share capital, totaling no more than 151,276,432 shares, within three months after the 15 trading days from the date of this announcement, through centralized bidding or bulk trading. Among them: the total number of shares reduced through centralized bidding trading shall not exceed 1% of the total number of shares of the company, and the total number of shares reduced through bulk trading shall not exceed 2% of the total number of shares of the company.
Zotye Automobile CFO Steps Down