On the morning of September 11, an online vote was held during the fourth creditors' meeting for the bankruptcy restructuring case of Hozon New Energy Automobile Co., Ltd.—the parent company of Hozon Auto—to decide on the Restructuring Plan (Draft). For the first time, the draft unveiled that Zhejiang Taiyi Shenglian Enterprise Management Partnership (Limited Partnership) would step in as the restructuring investor. It plans to inject 3 billion yuan into the restructuring process, aiming to acquire approximately 70.62% of Hozon New Energy's equity. Specifically, 1.167 billion yuan will be allocated to settle relevant claims and bankruptcy expenses, while the remaining 1.833 billion yuan will be utilized to bolster working capital.

Looking ahead, Hozon New Energy has outlined a three-stage development plan. The first stage will focus on resuming production of the Neta X model, with a target of achieving annual sales of 10,000 units. In the second stage, the company will introduce models tailored for markets in Asia, Africa, and Latin America, aiming for an annual production capacity of 300,000 units. Finally, the third stage will concentrate on developing global smart models, striving to reach an annual output value of 40 billion yuan and initiating preparations for an initial public offering (IPO).