On January 14, Li Guoxin, the founder of Reading Motors, reported in real name that Wang Xiao, the current secretary of the county party committee of Changle County, Weifang City, was “top leader hegemony”. After the incident fermented for several hours, late at night on the 14th, the local government responded. According to Weifang, Shandong Province has set up a joint investigation team composed of relevant provincial and municipal departments, stationed in Changle County to investigate and verify the relevant situation, and deal with it according to laws and regulations. Li Guoxin stated in the report letter that Wang Xiao, the current secretary of the county party committee of Changle County, in order to highlight his personal political achievements and make the economic performance report better, in order to be promoted and reused, since March 2022, he has forced Reading and other large local companies to make false reports. The industrial output value and sales output value of the enterprise are tens of billions. In 2022, Reading Automobile Group reported a total of 6.728 billion yuan of industrial and sales output value in the local area, but the financial data showed that the actual data of the company was 2.045 billion yuan, and our company accumulatively overreported 4.683 billion yuan in accordance with Wang Xiao’s requirements.
| Related reading (China Fund News)
Yesterday’s video report almost spread the screen in the auto industry circle. In short, Reading Motor reported the current county Party Secretary of Changle County, Weifang City with its real name, saying that under his persecution, starting from March 2022, Reading Motor and other local Large enterprises falsely report the industrial output value and sales output value of tens of billions of yuan. Although it is not yet known whether the content shown in the video is true or not, the founder’s real-name report is estimated to be true in all likelihood. In the past few years, since seeing the economic benefits brought by the Tesla factory in Shanghai, governments around the world have been desperately attracting electric vehicle brands to settle in. However, companies like Reading Motors did not choose the Yangtze River Delta and Pearl River Delta regions, but Uncharacteristically, it landed in Weifang, probably because of preferential policies. From the experience of Reading Automobile, we can see where the biggest problem in attracting investment in underdeveloped areas like Weifang lies.
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