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On December 11, 2025, Zhejiang Qianhe Automobile Co., Ltd. made its debut in Tongxiang, Zhejiang Province, appointing Zhu Renjie as its legal representative. This newly - established company is entirely owned by Shanghai Shanzi Youqian Technology Co., Ltd., which is a subsidiary of Shanzi Hi - Tech. It is widely seen as the key operational platform for Shanzi Hi - Tech's restructuring efforts concerning Neta Auto.
Zhu Renjie, who previously held a senior executive position within Tesla China's manufacturing system, boasts a wealth of experience in the automotive manufacturing sector. His presence is expected to offer robust support to Qianhe Auto. As part of the restructuring plan, Qianhe Auto is set to assume ownership of Neta Auto's assets and business operations, paving the way for its future development.
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