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At precisely 10 a.m. on January 15, the second round of judicial auction for Qoros Auto's core assets got underway. These assets encompass real estate located at No. 1 Tongda Road, Changshu City, along with various equipment, facilities, spare parts, and other items situated within the factory grounds. The starting bid for this auction was set at approximately 860 million yuan. Leading up to the auction, only a single bidder had gone through the registration process.
On the 14th, the official account 'China Baoneng' posted a video. In the video, Yao Zhenhua, who serves as the chairman of Baoneng Group, pointed out that the third - party appraisal value of Qoros Auto's core assets stands at roughly 8 billion yuan. This figure reveals a substantial gap when compared to the 1.5 - billion - yuan appraisal value determined by the court.
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