Yao Zhenhua and Baoneng Automobile were fined 4.1 billion.

date
04/07/2025
Tianyancha's legal litigation information shows that on July 3rd, Yao Zhenhua, Baoneng Auto Group Co., Ltd., Shenzhen Baoneng Investment Group Co., Ltd., and others added 2 new information of executed persons, with a total amount of 417 million RMB, and the executing court is Zhejiang Hangzhou Intermediate People's Court. Baoneng Auto Group Co., Ltd. was established in March 2017, with Sun Li as the legal representative, registered capital of 10 billion RMB, and business scope including car rental, design, research and development, production, sales of vehicles and parts for cars and new energy vehicles, production of molds and related accessories, development, sales and maintenance of new energy vehicle charging facilities, research, manufacturing and sales of cars, new energy vehicles, and other types of passenger cars, and chassis. It is jointly owned by Shenzhen Baoneng Investment Group Co., Ltd. and Shenzhen Baoyuan Logistics Co., Ltd. Risk information shows that the company currently has 17 information of executed persons, with a total amount of 142 billion RMB, in addition, there are also multiple restrictions on consumption orders, dishonestly executed persons, and final cases.