此外，市傳吉利(00175.HK)佔極越65%的股份，但吉利、極越及百度(09888.HK)是三個不同的主體，極越沒有向吉利付錢，現在已經欠吉利約30億元，吉利已停止投資，百度也已不肯繼續投錢，主要原因是銷量沒有達到預期。Domestic media reported that Xiapeng, CEO of Jiuyue, issued an internal letter stating that the company has entered the "Entrepreneurship 2.0 stage" and admitted that the company is facing difficulties. Four cost-reduction and efficiency-improvement reform measures were proposed, including merging departments and positions with overlapping functions, transforming inefficient internal workflows, and cutting projects that cannot improve financial performance in the short term.
It is reported that Jiuyue discovered a funding gap of up to 6 billion yuan (RMB) in the recent asset inventory. The company made it clear that employee salaries would only be paid until November, but from November onwards there would be no ability to pay social insurance, and December salaries are also uncertain. Employees can choose to resign by completing the resignation procedures by December 16, with Jiuyue unable to promise that severance pay will be issued. If employees do not choose to resign and remain to weather the storm, Jiuyue would also be unable to pay their salaries. In fact, employees of Jiuyue who were laid off two months ago have yet to receive compensation.
It is said that Xiapeng revealed that the company's accounts have been frozen, and he is not the first responsible person of the enterprise, but will do his utmost to resolve employees' social insurance issues. Shareholders are willing to bear the compensation for employees' resignation, but the specific plan still needs to be discussed with the shareholders and the human resources department. The company has not shut down or gone bankrupt and is actively seeking financing, currently looking for support from the major shareholders and Baidu.
Furthermore, it is rumored that Geely (00175.HK) holds 65% of Jiuyue's shares, but Geely, Jiuyue, and Baidu (09888.HK) are three different entities. Jiuyue has not paid Geely, and now owes Geely approximately 3 billion yuan. Geely has stopped investing, and Baidu has also unwilling to continue funding, mainly because the sales volume has not met expectations.
