Nezha Automobile Grapples with Operational Crisis: Founder Fang Yunzhou's 20 Million Yuan Equity Frozen
2025-05-15 / Read about 0 minute
Author:小编   

Hozon New Energy Auto Co., Ltd., the parent company of Nezha Automobile, has recently encountered significant challenges. According to the National Enterprise Credit Information Disclosure System, a court order from the People's Court of Tongxiang City, Zhejiang Province, has frozen 20 million yuan of equity held by Nezha Automobile's founder, Fang Yunzhou. This freeze, which commenced on May 13, 2025, will remain in effect for a period of three years, ending on May 12, 2028.