Nanning State-Owned Assets Company Files Lawsuit Against 8 Affiliates of Nezha Auto, with Three Ruled 'Missing' by Court

2 day ago / Read about 0 minute

Author：小编

The Nanning Industrial Investment Automobile Industry Group has initiated legal proceedings against Nezha Auto's parent company and eight of its affiliated entities, stemming from contractual disputes related to sales. Notably, three of these affiliated companies have been declared 'missing' by the court. The case is scheduled for hearing at the Nanning Intermediate People's Court on September 25. Nanning Industrial Investment Automobile, a wholly-owned subsidiary of Nanning Minsheng New Energy Industry Investment Partnership—the largest shareholder in Nezha Auto—currently maintains a guaranteed debt of RMB 3.44 billion for the automaker.

Previous page：Nezha Automobile Faces Lawsuit from Nanning State-...

Next page：Can Xiaomi's YU7, Priced 10,000 Yuan Lower, Upset ...

Return to List

Hot Reading

2 day ago

Tech Workers Say They're Rapidly Being Replaced by AI

2 day ago

Amazon Is Building a Gigantic Computing Facility to Match the Human Brain

2 day ago

Meta reportedly hires four more researchers from OpenAI

1 day ago

Leading AI Companies Struggling to Make Their AI Stop Blackmailing People Who Threaten to Shut Them Down