On February 13, it was reported that Hefeng New Energy Automobile Co., Ltd. (an affiliate of Neta Auto) and its legal representative, Fang Yunzhou, have been placed under high-end consumption restrictions by the Tongxiang City People's Court. This action follows their failure to meet the payment obligations outlined in a legally binding document. The restriction stems from a service contract dispute, resulting in a mandatory payment of over 837,000 yuan. Notably, this is not the first time such a restriction has been imposed; in January of this year, both the company and Fang Yunzhou were also restricted due to a sales contract dispute.

Hefeng New Energy Automobile Co., Ltd., established in October 2014 with a registered capital of approximately 2.837 billion yuan, is jointly owned by several entities, including Nanning Minsheng New Energy Industry Investment Partnership, Beijing Huading New Power Equity Investment Fund, and Yichun Jinhe Equity Investment Co., Ltd. According to Tianyancha's risk information, the company currently has multiple records indicating it is subject to enforcement actions and equity freezes.