Jiangsu Sailin Automobile Has Made A High-profile Announcement To Produce Super Sports Cars In China. Since June 23, 2020, The Company Has Experienced The Complete Seizure Of Factories And Office Buildings, The Freezing Of Accounts, The Filing And Investigation Of Relevant Principals, And The Closure Of Sailin Automobile Factory Due To Debt Disputes** Recently, Some Netizens Found That Jiangsu Nantong Intermediate People's Court Updated A Piece Of Legal Auction Information About "Jiangsu S Automobile Company" On Ali Auction Platform.
The Auction Target Was Formerly Known As Rugao High Tech Entrepreneurship Service Co., Ltd. And Jiangsu S Automobile Investment Co., Ltd., With A Starting Price Of About 2.378 Billion Yuan. It Will Be Auctioned Publicly On May 30, 2022. Through Public Information, It Can Be Found That The Company Is Actually Sailin Automobile.
The Auction Involves The Land Use Rights, Aboveground Buildings, Machinery And Equipment, Production Lines, Assembly Lines And Other Assets Of Sailin Automobile, Located In Groups 5, 6, 7 And 8 Of Zhennan Community, Chengbei Street, Rugao City, And Groups 7, 12 And 18 Of Shuanglong Community.
It Is Reported That Sailin Automobile Once Created A Shocking "case" Among The New Forces Of Car Manufacturing. As Early As April 27, 2020, Qiao Yudong, The Former Legal Officer Of Sailin Automobile, Reported That Wang Xiaolin, Chairman Of Sailin, Was Suspected Of False Technology Investment And Embezzlement Of Huge State-owned Assets, And Declared That He Would Bear Full Responsibility For The Contents Of The Report**
Qiao Yudong Said That The Four Foreign-funded Enterprise Shareholders Of Sailin Automobile Actually Controlled By Wang Xiaolin Cheated Sailin's Shares At A Price Of 6.6 Billion With False Technology Investment.
Nantong Jiahe, The State-owned Shareholder Of Jiangsu Sailin, Said That Wang Xiaolin, The Chairman / CEO / Legal Representative Of Jiangsu Sailin Automobile, Fled The United States, Making Jiangsu Sailin Unsustainable.
Previously, The Management Committee Of Jiangsu Rugao Economic And Technological Development Zone Also Issued A Circular Saying That It Was Found That Wang Xiaolin, Chairman And CEO Of Sailin Automobile, Was Suspected Of Providing False Supporting Documents, Misappropriating Huge Amounts Of Funds Of Jiangsu Sailin By Taking Advantage Of His Position And Other Problems And Important Clues, The Public Security Organ Has Accepted And Is Investigating The Suspected Criminal Acts Of Relevant Personnel According To Law**
