On July 17, Hozon Auto, the parent corporation of Nezha Auto, officially launched the pre-recruitment process for potential restructuring investors. Commencing from July 10, interested strategic investors have been able to submit pre-registration materials via the Alibaba Assets platform. Hozon Auto's assets encompass fixed assets, including 350 acres of industrial land and production line equipment situated in the Tongxiang Economic Development Zone of Zhejiang Province, as well as intellectual property and accounts receivable.
