On March 13, according to Aiqicha, Hezhong New Energy Vehicle Co., Ltd., a company affiliated with Nezha Automobile, has recently added a number of pieces of equity freezing information. The companies whose equity has been executed are Guangxi Ningda Automotive Technology Co., Ltd. and Nanning Yonghe Investment Co., Ltd. The total amount of frozen equity is approximately 1.1 billion yuan, and the freezing period is 3 years. The enforcement courts are the People's Court of Tongxiang City, Zhejiang Province, and the People's Court of Linyi County, Shandong Province.
It is understood that Hezhong New Energy Vehicle Co., Ltd. was established in October 2014. Its legal representative is Fang Yunzhou, with a registered capital of approximately 2.837 billion yuan. It is jointly held by Nanning Minsheng New Energy Industry Investment Partnership (Limited Partnership), Beijing Huading New Power Equity Investment Fund (Limited Partnership), Yichun Jinhe Equity Investment Co., Ltd., and others. Enterprise risk information shows that the company currently has multiple information on persons subject to execution, consumption restriction orders and equity freeze information.