Weilai automobile has been in a lot of trouble recently< Br > < div class= "contheight" > < / div > on June 28 local time, grizzly research, a short selling agency, released a report saying that Weilai automobile is likely to use its unconsolidated related party, Wuhan Weineng to exaggerate its revenue of 2.617 billion yuan and its net profit of 1.777 billion yuan< Br > < div class= "contheight" > < / div > in response, velai automotive responded that the report was groundless, and its information about the company included many errors, groundless assumptions, misleading conclusions and interpretations. He also said that the board of directors of the company, including the audit committee, is reviewing these allegations and considering taking appropriate actions to protect the interests of all shareholders< Br > < div class= "contheight" > < / div > in the short selling report, grizzly’s allegations related to the baas battery rental service model, Wuhan Weineng, which is responsible for the operation of the service under Weilai, and relevant executives of Weilai automobile, including CEO Li Bin< Br > < div class= "contheight" > < /div> however, some scholars pointed out that grizzly’s accusation against Wei Lai automobile may be far fetched, and Wei Lai should also give further explanation< Br > < div class= "contheight" > < / div > in a news interview on June 30, Yuan min, a professor at the Shanghai National Accounting Institute, said that the behavior of “recognizing revenue in advance” accused by Grizzlies was formally compliant, and the conclusion of the short report itself was questionable< Br > < div class= "contheight" > < / div > Kuang Yuqing, founder of lens research, a third-party research institution, said in an online activity on June 30 that on the whole, the revenue recognition and depreciation transfer questioned by grizzly bear are no problems at the level of accounting compliance. These are only mode disputes, not financial disputes. However, he said, “it is really suspicious that Wei Neng has significantly allocated battery assets that exceed the reasonable demand, and it needs a reasonable explanation from Wei Lai and Wei Neng.”< Br > < div class= "contheight" > < / div > after the short selling report was released, many big banks such as Morgan Stanley, JP Morgan, Daiwa capital markets, etc. issued long selling reports, suggesting to increase their holdings in Weilai, and said that the short selling report of Grizzlies may not be accurate. It is worth noting that after the announcement that “these allegations are under review”, Weilai automobile did not make a substantive response or refutation< br>