It is reported that AIWAYS's 'Shanghai headquarters has been vacated'. The company had previously stated that it would 'resume work and production'

This site reported on September 20 that AIWAYS had previously fallen into operating difficulties. This site reported in July this year that AIWAYS issued the "Notice on the Establishment of a Temporary Working Group for Shareholder Governance" at that time. The temporary working group established this time The working group includes 10 working groups including the resumption of work and production group, R&D group, overseas group, domestic sales group, introduction of strategic investment group, IT group, personnel group, and legal group. Accordingly, AIWAYS stated that “the company will usher in the resumption of work and production.” Produce".

However, according to Times Weekly, a reporter visited the AIWAYS headquarters located in Block D, Changyang Chuanggu, No. 1687, Yangpu District. Now only abandoned tables and chairs are left in the empty office area, and the desktops are also covered with accumulation. A layer of dust arose, and the AIWAYS nameplate fell to the ground casually.

▲ Picture source Weibo

Zhang Ming, a retired employee of AIWAYS, revealed to the media that AIWAYS requires employees involved in resumption of work to resume work Sign a third-party labor dispatch contract. The resigned employee believes that this change means that the labor dispatch company will be responsible for employee salary payment and other matters, and will no longer be performed by AIWAYS itself. In addition, AIWAYS also requires employees to sign a confidentiality agreement and not to disclose the matter to the outside world

It is reported that AIWAYS employees revealed earlier this year that AIWAYS has suspended operations due to funding issues shortage. The company headquarters was cut off due to arrears with office rent, property fees, water and electricity bills, etc., and employees were asked to work from home. Moreover, employees' salaries, social security and provident funds have not been paid on time

. Since February this year, AIWAYS’s salary payment has been abnormal. By May 2023, the wages for March and April have still not been settled. There are only about 1,600 employees left in the company, and many have resigned. The suppliers of AIWAYS have also encountered the problem of payment arrears

▲ AIWAYS U6 car, picture source official website

public Information shows that AIWAYS was established in February 2017 and is one of the earliest new car-making brands in China. Its founder Fu Qiang has served as the director of Shanghai Volkswagen Skoda Division, executive vice president of sales and marketing of Beijing Benz, and Volvo He is the president and CEO of China Automobile Sales Company and has extensive industry experience in the automotive field.

In December 2019, AIWAYS launched its first mass-produced model, AIWAYS U5, but the car did not succeed in the market after it was launched. Data shows that between 2020 and 2021, AIWAYS sales were 2,600 and 3,011 vehicles respectively. Due to poor sales, AIWAYS has suffered losses for many years. The operating income in 2020 and 2021 is 479 million yuan and 686 million yuan respectively, and the net losses are 1.597 billion yuan and 1.623 billion yuan respectively. As of December 31, 2021, AIWAYS's monetary cash was only 54.64 million yuan, and its total debt reached 3.359 billion yuan

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