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On June 13, a spokesperson for Nezha Auto addressed the "Nezha Auto Reorganization Statement" circulating on the internet, clarifying that the statement was not an official release and merely represented one of several preliminary disposal plans that have yet to be finalized. Earlier, on the evening of June 12, an image surfaced online alleging that Nezha Auto's parent company, Hetong New Energy Automobile Co., Ltd., would undergo a reorganization process overseen by the Jiaxing Intermediate People's Court in Zhejiang Province. The purported goal of this process was to address debt issues, attract strategic investments, and streamline the management system. Furthermore, the statement mentioned a potential reshuffle of the original management team, with the new CEO expected to be a seasoned professional from a multinational automaker.
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