Kuaidi Technology reported on November 25 that according to Cailian, Nezha Automobile responded today to the rumor that “1 billion yuan equity of Nezha New Energy Vehicle Manufacturing Co., Ltd. has been frozen”: Recently, Tongxiang People’s Court ruled on the property preservation ruling made in the contract dispute between our company and Somike Automobile Parts Co., Ltd. has caused misunderstanding in the industry.
Now, with the application of Hezhong New Energy Vehicle Co., Ltd., the Tongxiang People’s Court has lifted the property preservation measures taken against the 100% equity of Nezha New Energy Vehicle Manufacturing Co., Ltd. held by Hezhong New Energy Vehicle Co., Ltd. Previously, Tianyan information showed that Nezha Automobile’s parent company, Hezhong New Energy Automobile Co., Ltd., recently added a new equity freeze message.
The company whose equity was executed is Nezha New Energy Automobile Manufacturing Co., Ltd., with a frozen amount of RMB 1 billion.
The freezing period is from November 19, 2024 to November 18, 2027.
, 
, it can also be seen from Nezha Automobile’s response that the reason for the equity freeze was a contract dispute between Nezha’s main engine factory and parts suppliers.
For Nezha Automobile, which is now short of money, Somick is not the only supplier with debt contracts.
Previous reports showed that on November 8, Evert issued an announcement that due to the arrears of contract payments by Hezhong New Energy Yichun Branch of approximately 48.
1954 million yuan, the company had sued Yichun Hezhong to the court, demanding payment of the arrears of contract payments and compensation for overdue payment losses.
, On November 14, Dongfeng Technology disclosed that its subsidiary Dongfeng Yanfeng filed an arbitration application with the court due to arrears in payment of goods totaling 12.
7303 million yuan by Nezha Automobile’s operator Hezhong New Energy.
At present, the case has reached pre-litigation mediation.
Affected by debt, recently, 360 Group, Ningde Times, BrightStor Capital, etc.
, as well as Zhejiang Tongxiang and Jiaxing City governments, etc.
, have all worked together to provide financial, policy and other support to Nezha Automobile to resolve the current crisis.
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