Nezha Auto's parent company has been filed for bankruptcy and has been filed for reorganization many times before.

　　According to the Qichacha APP, Nezha Auto's affiliated company, Hezhong New Energy Vehicle Co., Ltd., and its wholly-owned subsidiary Zhonglian Tianxia Automobile Sales Service Co., Ltd., and Nezha Hezhi (Shanghai) Automobile Sales Service Co., Ltd., which is indirectly controlled by Nezha Hezhi (Shanghai) Automobile Sales Service Co., Ltd. recently added a bankruptcy review case. The applicant for this case is three natural persons, and the case is heard by the Tongxiang People's Court of Jiaxing City, Zhejiang Province.

Hezhong New Energy Vehicle Co., Ltd. was established in October 2014 with a registered capital of approximately RMB 2.8 billion. The legal representative is Fang Yunzhou. It is worth noting that the company is currently associated with multiple information about the person subject to execution and consumption restrictions, and has been filed for bankruptcy reorganization many times.