On June 24, Guangzhou Hedatianxia Automobile Sales Service Co., Ltd. underwent a significant change in its corporate leadership, with Liu Lei resigning from his roles as legal representative, director, and manager. Fang Yunzhou has been appointed to take over these positions. This company, established in April 2023 with a registered capital of 5 million RMB, specializes in a range of automotive services including sales of vehicles, toys, and wholesale of automotive parts. As indicated by the Tianyancha App, Guangzhou Hedatianxia is a wholly-owned subsidiary of Zhongliantianxia Automobile Sales Service Co., Ltd., which is in turn part of Neta Auto's associated company, Hozon New Energy Auto Co., Ltd.