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Is Shanzi Hi-Tech Set to Restructure Neta Auto? Hozon New Energy Administrator Denies: It's Fake News; Shanzi Hi-Tech Is Merely One of the Interested Entities
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Author：小编
On September 17th, reports surfaced indicating that recent rumors had been circulating, alleging that Shanzi Hi-Tech was moving forward with a restructuring plan involving Hozon New Energy Automobile Co., Ltd., the parent company of Neta Auto. According to these rumors, the existing staff at Hozon New Energy would be transferred and subsequently let go after October 1st, with the Shanzi Hi-Tech team stepping in to take charge. In response to these claims, an administrator from Hozon New Energy unequivocally declared the news to be untrue. He clarified that Shanzi Hi-Tech has not undertaken any restructuring of Neta Auto, nor has it received any documentation outlining Shanzi Hi-Tech's concrete intentions to participate.
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