Neta Auto's parent company, Hozon New Energy Automobile—currently undergoing bankruptcy reorganization—recently convened its fourth creditors' meeting, unveiling the 'Restructuring Plan (Draft)' for the first time. The plan designates Zhejiang Taiyi Shenglian as the restructuring investor. Taiyi Shenglian aims to inject 3 billion yuan to acquire approximately 70.62% of Hozon New Energy Automobile's equity.

Taiyi Shenglian is a joint venture between Zhejiang Shanzhi Holding and Zhejiang Shanzhi Yuxu Technology, with its actual controllers being Ye Ji (Chairman of Shanzhi Hi-Tech) and Yu Shuxin (Head of the Board Office). Notably, Ye Ji has faced multiple restrictions on high-consumption activities.

On September 14, Shanzhi Hi-Tech's stock price surged to its daily limit during early trading, jumping 10.04% to 2.85 yuan per share. As a listed automotive parts company, Shanzhi Hi-Tech operates across the new energy vehicle and semiconductor industry chains.