[2] In 2015, Baoneng, through its subsidiaries Shenzhen Jushenghua Corporation and Qian Hai Life Insurance, attempted an hostile takeover of public (although de facto state-controlled) rival Vanke.

[3][4] In July 2015, Baoneng acquired an initial 5% of Vanke, raising it to 15.25% by November,[5] surpassing SOE China Resources as the largest shareholder.

[7] The CSRC actioned against Baoneng, finally leading to the suspension of its insurance business, while Vanke retook its shares.

Baoneng Group also became the largest shareholder of Gree Electric Appliances, but was criticized by Dong Mingzhu, who called it a "destroyer of Made in China".

In December of the same year, Baoneng Group acquired 51% of the shares of Qoros Auto for 6.63 billion yuan and became its controlling shareholder.

In the same month, Baoneng Group's 30 billion new energy vehicle industrial park in Guangzhou started construction.

According to Great Wall Assets, in the first half of 2020, Qianhai Ruizhi, a subsidiary of its client Baoneng Automobile, encountered temporary liquidity problems during the implementation of industrial mergers and acquisitions, resulting in a loan of 1.6 billion yuan being overdue.

In the future, it will implement debt repayment funds through the disposal of some assets, strategic focus on reducing expenses and other plans.

The first is to accelerate the sale of six projects in Foshan, Guangdong, Shaoxing, Zhejiang, etc., with an estimated return of 4.792 billion yuan in the fourth quarter; in addition, Yao Zhenhua has publicly sold eight assets including Shenzhen Baoneng Center, logistics park assets, Qianhai project, etc., involving land, old town renovation, equity of financial enterprises and commercial complexes.

In May 2022, the Shandong Automobile Circulation Association issued a document stating that due to the closure of the Qoros Auto direct store in Jinan, the factory service phone number has been cancelled.

[19] In April of the same year, Baoneng Automobile continued to suffer from problems such as arrears of rent, payment for goods, deposit for the second network, arrears of wages, social security, and housing provident fund payment, resulting in only 7 directly-operated stores in the country (all of which are self-owned properties); at the same time, the announcement of its Qoros 7 by the Ministry of Industry and Information Technology had expired, and a large number of purchased vehicles were detained and could not be registered, causing Baoneng Automobile's overall business to stagnate, with only 126 people in office.

[18] As of July 18, 2023, the total amount of execution of Baoneng Group exceeded 41.7 billion yuan,[20] Yao Zhenhua was restricted from high consumption.

[21] Baoneng Group responded that all its colleagues strongly condemned the violent attack, and had taken corresponding legal actions and necessary measures to ensure the personal safety of all cadres and employees and the normal operation of the company.

[24] Baoneng launched projects to build new energy vehicle plants in Kunshan, Xixian, Kunming, Hangzhou, Xi'an, and Guangzhou.