Pang Qingnian, the "liar king", was more ruthless than Jia Yueting, and finally fell down.

Since the first domestic car was born on May 3rd1931,there have been many car companies and many outstanding entrepreneurs in China in 90 years.

However, "the forest is getting bigger and bigger", some people build cars in a down-to-earth manner, while others use their brains to try to gain benefits from it.

Speaking of China's biggest car-making fool, many people say it's Jia Yueting's Return to China Tomorrow, but in China, it's not only Jia Yueting who has a dream to build a car, but also Pang Qingnian, the founder of the youth car.

Speaking of Pang Qingnian, we may not be familiar with it; But if you mention "water-hydrogen car" and "water-hydrogen engine", everyone must have heard of it, and Pang Qingnian is the initiator.

This person was obsessed with "making cars" earlier than Jia Yueting and used it as a lever. He once owned an "empire" called Youth Car, and once went to sea to buy Saab, a well-known Swedish car company;

Pang Qingnian, who was Diss by the Ministry of Industry and Information Technology, was not qualified, but took 5 billion investment, leaving a total of 654.38+000 billion "commitment investment". I believe Jia Yueting will cry when he sees this financing ability!

So, if Pang Qingnian is the second biggest fool who makes cars in China, Jia Yueting will never dare to be the first.

However, Pang Qingnian, who is now more ruthless than Jia Yueting, has finally fallen!

one

Remember the "water and hydrogen car" that once spread all over the network?

Turning stone into gold, water becomes oil, and the water-hydrogen engine of the youth car can run with water. It saves more feed than Malaysia, and it only needs water to run!

At that time, we were all excited to hear the news that "cars can only be driven by boiling water", but later we found that things didn't seem that simple.

After the project suffered from Waterloo and was questioned by the public for defrauding government subsidies, the absurd dream of building a car by Youth Automobile Group finally came to an end three years later.

Two days ago, Jinhua Youth Automobile Group and its 2 1 affiliated enterprises entered the substantive merger bankruptcy liquidation procedure, and the creditors of 2 1 affiliated enterprises can declare their claims to the bankruptcy administrator before September 20021year.

From the bankruptcy of 20 19, to the pre-reorganization in 2020, and now to the thorough liquidation, the script of Pang Qingnian and Youth Automobile Group has finally come to an end!

February 1 1 day, New Year's Eve. When every household was busy celebrating the New Year's Eve and sending New Year's greetings to relatives and friends, Pang Qingnian received a bankruptcy document published on the bulletin board of the people's court.

According to this announcement, the creditors of Jinhua Youth Automobile Manufacturing Co., Ltd. shall declare their creditor's rights to the temporary manager of Jinhua Youth Automobile Manufacturing Co., Ltd. before March 22, 20021.

This means that Jinhua Youth Automobile Manufacturing Co., Ltd. has entered the bankruptcy liquidation procedure and will officially withdraw from the historical stage of automobile manufacturing.

In fact, as early as June 5438 +2020 10, the management committee of Jinhua Economic and Technological Development Zone, where Jinhua Youth Automobile is located, has started the preliminary restructuring work according to the company's application.

Pang Qingnian, the founder of Youth Automobile, once joined Halo and won the title of "Fengyun Zheshang" twice in 2006 and 2009. However, in recent years, he fell into a lawsuit and was listed as an "executor" by the court. He was placed on file for investigation on suspicion of contract fraud.

The water-hydrogen fuel car storm has once again damaged his previous image. Pang Qingnian's road to building a car collapsed!

two

Previously, China Business News disclosed many times that this businessman from Tiantai County, Taizhou City, Zhejiang Province appeared on the investment stage in many places across the country in a very similar number, leaving a total of 654.38+000 billion "committed investment".

It is reported that since 2009, young cars have entered a stage of rapid expansion. Pang Qingnian, the chairman of the company, threw out a plan with a total investment of 44.4 billion yuan, covering Erdos in Inner Mongolia, Shizuishan in Ningxia, Xiaoshan in Zhejiang, Haining in Zhejiang and Lianyungang in Jiangsu.

It is accompanied by fraud, suspension of production and bankruptcy liquidation.

20 13 Pang Qingnian, the actual controller of the youth car, was criminally filed by the police for alleged fraud; From 20 14, young lotus ran out of money and stopped production on a large scale; 20 17 Young Lotus was filed for bankruptcy liquidation by creditors.

According to the query of China Information Implementation Network, Pang Qingnian has been listed as the executor of dishonesty for 20 times, and has been taken to restrict consumption. His dishonesty includes refusing to perform the obligations specified in the effective legal documents and violating the property reporting system.

Even so, Pang Qingnian was not completely abandoned by the local government.

Since 20 18, Youth Auto has been in close contact with Nanyang, Dengzhou, Nantong and other places in Henan Province, and has won the support of some local governments. The project of youth car sales is the hydrogen energy car that caused heated discussion this time.

Vehicles can only run with water. Who believes it? The law of conservation of energy is shameful!

Pang Qingnian once explained that the biggest secret of "water-hydrogen car" is a kind of "special catalyst", while Pang Qingnian said it belongs to "trade secret", even the most powerful chemists have no way of knowing it.

Science and technology always have to make progress, and it has always been the persistent pursuit of human beings to turn "impossible" into "possible". Whether we can succeed or not is far from what we melon eaters can say.

However, the principle of water changing into hydrogen, hydrogen transforming and Pang Qingnian going back and forth is obviously "flickering", and the whole reaction process seems to be far simpler than adding water and catalyst.

three

With the continuous fermentation of the "water and hydrogen car farce", Pang Qingnian and his youth car group were exposed to various "scandals":

The judicial risk of the company is as high as 64 1, and the court announcement is only 106. However, Youth Automobile has long been listed as an untrustworthy enterprise by the court, and Pang Qingnian is listed as an untrustworthy executor and a restricted consumer.

It was also after the ridiculous "water-hydrogen engine" storm that Pang Qingnian, 63, rarely appeared in public view, perhaps because he didn't want to face his own failure, or perhaps he was looking for the next lifeline for his dream of building a car.

In fact, before making a car, Pang Qingnian was just a nobody who produced bicycle tires. When he saw that cars began to enter the homes of ordinary people and made money, he could not sit still.

Pang Qingnian is not an ordinary person, but his vision and ambition have always been much bigger than those of his peers. This can be seen from his past.

Pang Qingnian, 65438-0958, born in Tiantai County, Zhejiang Province. Pang Qingnian, who has a business mind, spared cattle, sold tea and drove a tractor. At the age of 2 1, he started a plastic bag factory and earned the first bucket of gold in his life.

1986, Pang Qingnian invested 260,000 yuan to set up Zhejiang Pan 'an Rubber Factory, which became the supplier of bicycle manufacturers such as Phoenix and Yongjiu, and became the first in the local area four years later.

Pang Qingnian officially became attached to cars in the 1990s, starting with passenger cars, not passenger cars.

1993, Pang Qingnian, who was only 35 years old, established Zhejiang Hangtong Group and became the chairman. 1995, Pang Qingnian and Beijing Beifang Vehicle Factory jointly established Jinhua Beifang Fulai Vehicle Co., Ltd. to prepare for the production of high-end luxury buses; 1999, Pang Qingnian spent 9 million yuan to acquire the remaining shares of Jinhua North Fulai Vehicle Co., Ltd. and renamed the company Jinhua Youth Automobile.

Judging from Pang Qingnian's management method, he made good use of "gimmicks" marketing. After Pang Qingnian took over the youth car, he immediately cooperated with neoplan and quickly occupied the domestic luxury bus market. But what really brings young cars into the public eye is the "Saab dispute".

spend freely

In the big bluff, Pang Qingnian can be regarded as a battle-hardened veteran. I think he can be described in one sentence: "He cheated more money than you earned in Qian Duoduo".

If those Qigong masters in the 1980s only saw people's inner desire for longevity and health preservation, Pang Qingnian was even worse. He actually targeted his business at the local government.

According to the report of China Business News, in 20 1 1 year, the young cars actually controlled by Pang Qingnian signed an agreement with the Ordos municipal government on the condition that Saab was successfully acquired and put into production in Ordos, and the Ordos municipal government allocated 600 million tons and 700 million tons of coal resources to the young cars respectively.

However, in the case that the acquisition of Saab automobile has not been successful, the production line has not been put into production, and the coal index of 65.438+300 million tons has not been fulfilled, Youth Automobile sold the coal index to Yijiahe Energy Co., Ltd. and charged a deposit of 200 million yuan.

Pang Qingnian also threw out a plan to build ten production bases in China with a total investment of 44.4 billion yuan. The investment places involve Jinan, Tai 'an, Lianyungang, Shizuishan, Erdos, Haining and Liupanshui. Today, almost all the projects in these places have not been completed.

After the Ordos incident, the negative news of young cars continued, from unpaid wages to being included in the list of untrustworthy. In just a few years, there are hundreds of online refereeing documents related to "youth cars" in China. Pang Qingnian was also included in the list of dishonesty more than 20 times before and after, limiting consumption.

20 13 Pang Qingnian, the actual controller of the youth car, was criminally filed by the police for alleged fraud;

In 20 14, young lotus was exposed to a shortage of funds and stopped production on a large scale;

20 17 Youth Lotus Automobile was filed for bankruptcy liquidation by creditors, and Youth Automobile also received an administrative ticket from the Ministry of Industry and Information Technology because of product problems.

In 20 19, Pang Qingnian found a new way and announced that the company had built the world's first water-hydrogen fuel car, and the youth automobile empire began to collapse. This absurd fantasy story has finally come to an end!

five

As a traditional car company, it is understandable that it hopes to achieve a breakthrough through transformation when it encounters development bottlenecks.

Throughout the global automobile market, luxury brands such as BMW, Mercedes-Benz and Audi, and independent brands such as Chery, Geely and Roewe are all developing steadily in the direction of the new four modernizations.

It happens that Pang Qingnian is an out-and-out businessman. What he values most is not slow and steady, not product quality, not technical foundation, but one word-profit.

In order to gain profits, Pang Qingnian repeatedly declared how excellent his products were, so as to raise the "value" of the products. However, without strong technology as a support and a good market foundation, he just wanted to soar, and in the end it was just a joke.

From the once infinite scenery to the present bankruptcy liquidation, the ending of Jinhua Youth Car is inevitably awkward.

However, compared with its fiasco, car companies that are still fighting in fierce competition should pay more attention to how to foster strengths and avoid weaknesses, and avoid becoming the second youth car in a down-to-earth manner.

References:

Car anecdote "Lao Lai Pang Qingnian, dream broken" water and hydrogen car ",

Jianghu Jieju "China was the first fool to build a car, but he fell!" ! 》、

Hao Ge said that the car "liar Pang Qingnian, a brilliant and lonely life",

Shiba Inu Goukowsky "cheated the country 5 billion! More malicious than Jia Yueting's big fool, finally showing his true colors! 》、

Pang Qingnian: A car with water can run 1000 km. Genius or Ponzi scheme? 》、

The "Ponzi scheme" of investors collapsed, and the magic car with water running 1000 km went bankrupt! The founder has been listed on the list of dishonesty for more than 20 times! 》