A few days ago, some media reported that the production line renovation project of Evergrande Automobile's Tianjin plant has basically stalled not long ago due to the payment owed by the equipment supplier.

　　According to reports, the suppliers involved in this matter include the general contractor of the welding workshop of Evergrande Automobile Tianjin Plant, the paint shop supplier of Japan Taikisha, the general contractor of the general assembly workshop of China Automotive Engineering, and the construction of stamping in cooperation with Guoneng Tianqi model in the workshop, etc.

　　The report also stated that, except for the stamping workshop, which is mainly used by Tianqi Mould, which supplies stamping parts to other automakers, other workshops are in a state of suspension or partial suspension.

　　In response to the news of the suspension of the production line transformation of Evergrande Automobile’s Tianjin plant, a person close to Evergrande revealed in an interview with the Cailian News that the transformation of the production line of Evergrande Automobile’s Tianjin plant has been fully restarted at the beginning of this month. Chi 5 went offline as scheduled.

　　Recently, Evergrande Automobile held a strategic partnership conference at its Tianjin production base. At the meeting, Evergrande President Liu Yongzhuo announced the latest developments of Evergrande. According to Liu Yongzhuo, at the beginning of next year, Evergrande Automobile’s first mass-produced model, Hengchi 5, will officially roll off the production base in Tianjin. At the Shanghai Auto Show next year, Evergrande Motors will hold a test drive of Hengchi 5.

　　Liu Yongzhuo said that in order to ensure the smooth roll-off of Hengchi 5, the company will start a three-month battle. It is understood that at present, Evergrande Motors has mobilized elites from Shanghai, Guangzhou, Shenzhen and other places to Tianjin, and the Tianjin base has also been transformed into a domestic first-class industry 4.0 high-end smart factory.

　　Recently, the registered capital of Evergrande New Energy Vehicles has increased to US$2.525 billion, an increase of 24.81%. In terms of products, Hengda Automobile has also completed the production of Hengchi 1, Hengchi 3, Hengchi 5, Hengchi 6, and Hengchi 7 trial cars, and successfully completed the winter test, summer test, plateau test, etc. A series of test trials.

　　Whether Evergrande can survive the difficulties and lead Hengchi 5 successfully off the assembly line, we will wait and see.