Why is Pang Qingnian still at large?

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!

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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.