HiPhi Auto pays settlement money to some employees

HiPhi Auto reportedly began distributing settlement funds to some employees who signed the settlement agreement on December 27. It is reported that these employees include those who voluntarily resigned after the announcement of the suspension of work in February this year and those who were forced to resign after receiving the resignation notice after February 29. The settlement funds do not include the social security of the employees, and the company said it will pay it after completing the bankruptcy reorganization process.