Jiyue Auto appears to be on the mend. As per Xu Jiye, the former head of public relations, the company holds a strong likelihood of steering clear of bankruptcy. The board of directors at Jidu has endorsed a restructuring plan and is currently in discussions with 3-4 potential restructuring partners. Last December, Jiyue's CEO Xia Yiping announced that the company had embarked on its entrepreneurial 2.0 phase, aiming to streamline its internal structure and terminate projects to address ongoing challenges. Concurrently, Xu Jiye stepped down, and the company initiated a process to refund user deposits in response to market shifts.