Nezha Automobile has applied for bankruptcy review.

Tianyancha's risk information shows that recently, related company Nezha Automobile has added a bankruptcy review case to Huazhong New Energy Automobile Co., Ltd. The applicant is Shanghai Yuxing Advertising Co., Ltd., and the court handling the case is Jiaxing Intermediate People's Court in Zhejiang Province. Huazhong New Energy Automobile Co., Ltd. was established in October 2014, with Fang Yunzhou as its legal representative and registered capital of approximately 2.837 billion RMB. Its business scope includes the design, development, production, sales, and related consulting services of new energy vehicles and parts. It is jointly held by Nanning Minsheng New Energy Industry Investment Partnership Enterprise, Beijing Huading New Power Equity Investment Fund, Yichun Jinhel Equity Investment Co., Ltd., among others.