Recently, Nanjing Bojun New Energy Automobile Co., Ltd. has filed for bankruptcy and reorganization. The case number is (2021) Su 0111 Poshen No. 70. The respondent is Bojun Automobile and the applicant is Nanjing Shengshi Yangzi New Energy Automobile Industry Investment Fund (Limited Partnership).

).

Nanjing Shengshi Yangzi New Energy Automobile Industry Investment Fund (Limited Partnership) was established in January 2018. The executive partner is Nanjing Shengshi Yangzi Fund Investment Management Co., Ltd., with a registered capital of 421 million yuan.

The company's business scope includes investment in new energy vehicle-related industries; equity investment.

The company is held 49.88% by Nanjing Qibagang Construction Engineering Co., Ltd., 49.88% by Nanjing Jiangbei New Area Investment Development Co., Ltd., and 0.24% by Nanjing Shengshi Yangzi Fund Investment Management Co., Ltd.

Borjun Automotive was established in 2016. The legal responsible person is Huang Ximing. It was formerly known as American Advanced Vehicle Technology Co., Ltd. and Shanghai Sizhi Automotive Engineering Technology Co., Ltd., and is engaged in chassis design and vehicle performance development services.

Bordrin Automobile has set up R&D centers, marketing centers, manufacturing plants and other institutions in Shanghai, Beijing, Nanjing, Huai'an and Detroit in the United States, achieving a global layout in two countries and five locations.

In addition, Bojun has also started construction of a manufacturing plant covering an area of ??1,300 acres in Nanjing. The first phase has a planned production capacity of 150,000 vehicles. After the completion of the second phase, the total production capacity will reach 300,000 vehicles.

Bordrin's first model, a pure electric SUV, was originally planned to be mass-produced by the end of 2019, but now everything has come to nothing.