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Qiantu Motor

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2019

    Unpaid wages, production halt and layoffs; court accepts bankruptcy liquidation

    From the second half of 2019, Qiantu Motor had unpaid wages and a broken capital chain; its claimed RMB 7 billion financing did not arrive, it carried out layoffs through separation agreements three times, and it entered long-term production halt in 2020. In 2023 it resumed sales with the K20 but later suspended taking orders. In January 2025, the Suzhou Huqiu District Court accepted its bankruptcy liquidation application, involving about RMB 720 million in unperformed cases; parent Great Wall Huaguan failed to list in the US.

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