Recently, Hezhong New Energy Automobile Co., Ltd., an affiliate of Nezha Auto, was listed as a debtor by the Tongxiang People's Court, with an execution target exceeding 17.5 million yuan. According to Qichacha, the company has accrued over 100 records related to execution proceedings, resulting in a cumulative executed amount surpassing 150 million yuan. Furthermore, Hezhong New Energy Automobile is currently grappling with multiple consumer restriction orders and equity freeze notices.
