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Equity Freeze of 1 Billion Yuan Hits Nezha Auto's Affiliate, Which Had Previously Faced Bankruptcy Review Application
2025-05-14 /
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Author：小编
Hozon New Energy Auto Co., Ltd., an affiliate of Nezha Auto, has encountered a significant financial setback with the freezing of 1 billion yuan and an additional 3.12 million yuan in equity by the Tongxiang Court. On May 13, Shanghai Yuxing Advertising Co., Ltd. filed for a bankruptcy review of Hozon, and this case was duly accepted by the Intermediate People's Court of Jiaxing, Zhejiang Province.
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