Didi Auto Becomes a Deadbeat, Listed as a Person of No Credit

Sina Tech News, August 12, according to China's Execution Information Open Platform, Didi Auto's associated company, Zhongsheng New Energy Automobile Co., Ltd., has been listed as a person of no credit by the Haizhu District People's Court in Guangzhou due to violations of the property report system, and its performance is still pending.

Additionally, according to Qichacha information, on August 11, Zhongsheng New Energy Automobile Co., Ltd. was listed as a person of no credit (deadbeat), and the related judicial case is an exhibition contract dispute. From the case process information, it can be known that this company was previously executed for 57.594 million yuan due to this exhibition contract dispute.

It is reported that Zhongsheng New Energy was established on October 16, 2014, with registered capital of 284 billion yuan. In terms of industrial layout, it takes a dual-track approach with "domestic deep cultivation + overseas expansion" as the framework. In 2022, Didi Auto's sales topped the new force list, but afterwards it took a sharp downturn. Since 2024, the company has owed more than 60 billion yuan to its suppliers, involving numerous judicial cases and a massive amount of executed debts. On May 13, 2025, Zhongsheng New Energy Automobile Co., Ltd. was applied for bankruptcy reorganization by Shanghai Ruchang Advertising Co., Ltd. and officially entered the bankruptcy process on June 19.

In the same year, Didi Auto's parent company, Zhongsheng New Energy Automobile Co., Ltd., had plans to open a restructuring intention investment and solicited potential investors from July. Strategic investors who are interested can submit their preliminary registration materials through Alibaba Asset Platform starting from July 10. According to Alibaba Asset Platform, 66 people have submitted their intentions so far, and the recruitment is still ongoing.