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According to legal litigation information sourced from Tianyancha, on November 4th, Hozon New Energy Automobile Co., Ltd.—an affiliate of Neta Auto—reported an additional entity under enforcement, with the execution amount surpassing 25.26 million yuan. The enforcement proceedings are being overseen by the Beihai Maritime Court. Founded in October 2014 and with Fang Yunzhou serving as its legal representative, this company primarily focuses on businesses related to new energy vehicles and is jointly owned by multiple enterprises. At present, the company has three active records of entities under enforcement, with the cumulative execution amount exceeding 25.91 million yuan. Furthermore, there are several consumption restriction orders and records of equity freezes associated with the company.
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