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Zotye Auto: Credit System Still Unrestored, Financing Efforts Hindered
2025-06-23 /
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Author：小编
On June 23, Zotye Auto disclosed on an interactive platform that it is in negotiations with its second-largest shareholder, China Zheshang Bank, regarding the lifting of the freeze on the company's bankruptcy account assets. Currently, Zotye Auto's credit system remains unrestored, posing significant challenges to its financing efforts. Consequently, the company intends to revitalize its existing assets and resources in order to secure the initial funding necessary for the resumption of production.
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