On September 27th, reports emerged that the administrator of Hozon New Energy (the parent entity of Neta Auto) had made public the outcomes of the open call for restructuring investors. Out of all the interested parties, merely one investor submitted the complete set of required documents and remitted a security deposit amounting to 50 million yuan. Consequently, no additional rounds of selection will take place moving forward. This particular investor is now mandated to present a written restructuring investment plan, which, upon confirmation, will designate them as the definitive restructuring investor.

On June 30th, the administrator issued a "Preliminary Recruitment Notice" with the aim of expediting the bankruptcy restructuring process. By August 31st, a total of 1,631 creditors had come forward to lodge their claims, with the cumulative amount surpassing 26 billion yuan. As per the official website of Ali Assets, by the time the preliminary investor recruitment deadline arrived on September 8th, 76 interested investors had already registered their intent.