[AIWAYS' 1 billion yuan equity stake frozen] According to the National Enterprise Credit Information Publicity System website, on July 4, AIWAYS Automobile Co., Ltd. had a new equity freeze information added. The enterprise holding the frozen equity is Shanghai Yivei New Energy Vehicle R&D Co., Ltd., with the frozen equity amounting to 1 billion yuan and a freeze period of three years. The enforcement court is the Huangpu District People's Court in Shanghai.
According to the Tianyancha App, AIWAYS Automobile Co., Ltd. was established in February 2017, with Guo Chao as its legal representative and a registered capital of approximately 870 million yuan. Its business scope includes the technical R&D and product development of NEVs and parts. It is jointly held by Ningbo Meishan Bonded Port Area Kaijiu Investment Management Co., Ltd., Huzhou Aichi Investment Partnership (Limited Partnership), Ningbo Meishan Bonded Port Area Runsha Equity Investment Co., Ltd., among others.