Nezha Motors and Fang Yunzhou have introduced 16 new restrictions on consumption.

date
06/06/2025
Tianyancha's depth risk information shows that recently, Nezha Motors' affiliated company, Hezhong New Energy Automotive Co., Ltd., and its legal representative Fang Yunzhou have added 16 new restrictions on consumption orders. These involve cases such as sales contract disputes, service contract disputes, and labor disputes. Applicants include companies such as China Automotive Technology & Research Center Co., Ltd., Beijing Zhongguancun Science and Technology Co., Ltd., and Wuhu Sensi Tech Intelligent Technology Co., Ltd., with the executing courts all being Tongxiang People's Court. Hezhong New Energy Automotive Co., Ltd. was established in October 2014 with a registered capital of approximately 2.837 billion RMB, jointly held by Nanning Minsheng New Energy Industry Investment Partnership, Beijing Huading New Power Equity Investment Fund, and Yichun Jinheli Equity Investment Co., Ltd.
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Recently, amid the background of intensified regulatory policies in the United States and tense geopolitical situation, the return of Chinese concept stocks has once again become a hot topic. The Hong Kong Special Administrative Region government hopes to consolidate its position as the "preferred location" for the return of Chinese concept stocks through institutional optimization and upgrades in connectivity. Top companies such as Alibaba, JD.com, and NetEase have taken the lead in completing dual listings or secondary listings in the Hong Kong stock market, and small and medium-sized Chinese concept stocks will gradually follow suit. Recently, Deputy Secretary for Financial Services and the Treasury of Hong Kong, Chan Ho-man, revealed that since the listing system reform in 2018, 33 Chinese concept stocks have been listed in Hong Kong, accounting for more than 70% of the total market value of all Chinese concept stocks. However, some voices in the industry believe that there are still shortcomings in the capacity, liquidity, and valuation discount of the Hong Kong stock market that need to be overcome. This situation is changing, as the Hong Kong dollar exchange rate has frequently touched strong-side convertibility, reflecting a trend of surging capital inflows that the Hong Kong Monetary Authority has intervened in multiple times. With the expansion of the Stock Connect in June and the introduction of liquidity support tools (LMM), the return of Chinese concept stocks may shift from pure hedging to proactive market positioning. (Securities Times)
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