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What happened when ofo paid back the money? At present, there are more than 14 million users queuing

What happened when ofo paid back the money? At present, there are more than 14 million users queuing up. According to reports, in the first quarter of 2019, Shanghai Phoenix received payment from the ofo operator Dongxia Datong through multiple channels. Dongxia Datong returned a total of 35.7462 million yuan to Shanghai Fenghuang, which was deducted from the provision for impairment in 2018.

Shanghai Phoenix is one of the main suppliers of ofo. In May 2017, its holding subsidiary Shanghai Phoenix Bicycle Co., Ltd. signed a strategic cooperation agreement with Dongxia Datong Management Consulting Co., Ltd. According to the agreement, Phoenix bicycle will provide ofo with a total purchase plan of no less than 5 million vehicles within 12 months.

After that, due to the supervision of government departments and the reduction of the actual demand for bike sharing, Shanghai Phoenix actually produced only 1.8616 million bike sharing for ofo, achieving 37% of the original target of 5 million orders. For this part of the payment, Dongxia Datong did not return it.

In August 2018, Shanghai Phoenix took Dongxia Datong company to court, demanding Dongxia Datong to repay 68.1511 million yuan in arrears for Fenghuang bicycle. After mediation by Beijing No.1 Intermediate People's court, Shanghai Fenghuang and Dongxia Datong reached a mediation agreement. Dongxia Datong paid Shanghai Fenghuang 71.9161 million yuan, including arrears, attorney fees and interest (as of November 20, 2018).

In the first quarter of this year, Dongxia Datong paid a total of 35.7462 million yuan to Shanghai Phoenix, of which 27.9261 million yuan was directly transferred by the court. According to this calculation, Shanghai Phoenix still has 36.17 million yuan not recovered.

Since the manufacturer's money has been returned, when will the user's deposit be returned?

The repayment of ofo gives users a glimmer of hope to get the deposit back. Many users start to see their current refund progress. However, judging from the current situation, most users may have to wait a few more years if they want to get their own deposit.

According to the daily economic news report, from January to march in 2019, the number of ofo deposit refund of @ Jessica increased from 13.92 million to 13.2 million, only 720000. Most netizens are also complaining that after half a year in line, the ranking has only risen by several hundred thousand. According to netizen @ Hong_ Tang revealed on the social networking website that as of about 12 noon today, his team still ranked behind 14.81 million.

At present, ofo's headquarters in Beijing has been reduced from the original four floor office area to one floor shared with other enterprises, and the number of vehicles launched by ofo has decreased significantly. This time, xiaohuangche returned the money of the cooperative enterprise, which is different from the refund of deposit of xiaohuangche, but it proves that xiaohuangche is still working hard for repayment.