Nezha Motors continues to save itself: recruiting investors, accepting project acquisitions and restructuring plans

BiaNews 02 Jul 2025 18:44

On June 30th, Hezhong New Energy Vehicle Co., Ltd. released a pre recruitment announcement for potential investors, seeking financial support and industrial resource integration in order to resume production and further develop. As mentioned in the announcement, Hezhong New Energy, as one of the first enterprises to obtain the "dual qualifications" for new energy passenger vehicles, has mastered vehicle technology. Its "Nezha" brand has a high market awareness and has accumulated sales of over 460000 vehicles. The company still has the conditions to continue production and operation. Since November 2024, the company has been shut down for 8 months. Currently, the production line equipment is operating normally, and more than 400 employees, including the management team and core technical personnel, are still retained.

Nezha Automobile stated in its pre recruitment announcement that potential investors must submit their application materials before 5:00 pm on July 30, 2025. The purpose of this pre recruitment is to introduce new funds and industrial resources for Hezhong New Energy, promote the company's resumption of work and production, and maintain its existing market resources, industry position, and competitive advantages. It is reported that the announcement specifically states that the investment plan can be either a project acquisition plan, a restructuring plan, or other feasible plans. It is worth noting that there were recent reports that Toyota was considering acquiring Nezha Motors, and at that time, Nezha Motors responded by saying it was a rumor.

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