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JIYUE Auto Announced Late at Night: Accelerated Restructuring Process, Six Entities Including Shanghai JIDU Approved for Substantive Consolidated Restructuring
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Author：小编
On May 1, Shanghai JIDU Auto Co., Ltd., an affiliate of JIYUE Auto, and six of its subsidiaries were ordered by the court to enter substantive consolidated restructuring proceedings. It is reported that the Shanghai Third Intermediate People's Court has accepted the application for consolidated restructuring of Shanghai JIDU and its affiliated technology and service companies in Wuhan, Beijing, and other places, with the case number (2026) Hu 03 Bankruptcy 515. Entities involved in this consolidated restructuring include Shanghai JIDU Technology Co., Ltd., JIDU Technology (Wuhan) Co., Ltd., Wuhan JIDU Auto Service Co., Ltd., Beijing JIDU Technology Co., Ltd., and Beijing JIDU Auto Parts Co., Ltd.
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