On September 27, the administrator of Hozon New Energy (the parent company of Neta Auto) released an announcement indicating that, by the deadline for registering potential restructuring investors, only one potential investor had submitted the complete set of required registration materials and paid a registration deposit of RMB 50 million. Given that only this single potential restructuring investor completed the registration process, there will be no subsequent round for selecting additional restructuring investors. However, to be confirmed as the final restructuring investor, this potential investor must submit a legally compliant and feasible written restructuring investment plan. The administrator will then sign a "Restructuring Investment Agreement" based on the investor's submitted plan. Additionally, taking into account Hozon New Energy's assets and liabilities, the administrator will prepare a "Draft Restructuring Plan" for submission to the creditors' meeting for discussion and voting.