1. Old executives left and 10 executives were added.
Originally, Chery Group had 3 1 executive. Now, in addition to the chairman and another executive, 29 executives have withdrawn from Chery Group. The exit of Chery Group executives does not mean that Chery Group is going downhill, because behind the exit of executives, 10 new executives enter at the same time. The 10 executives are all from Wudaokou New Energy Automobile Industry Fund Enterprise in Qinghai, which means that this enterprise has re-entered Chery. Personally, I think their joining will add a impetus to Chery's development. So I think this is not a means for Chery to protect itself, but a means to continue to expand.
2. Capital changes
Chery Group has occupied a great advantage in this capital change. Although its actual shareholders have changed, its group capital has increased to a considerable extent. Qinghai Wudaokou New Energy Automobile Industry Fund invested110.50 billion yuan and obtained more than 50% of its shares. This means that this enterprise has invested a considerable sum of money, which they can use to carry out the redevelopment of the enterprise. Therefore, I personally think that this is exactly the plan for Chery enterprises to re-enter the rivers and lakes and re-occupy the market.
To sum up, I don't think the withdrawal of senior executives means that Chery needs to lay off employees to save its life, but to introduce new investment.