Nezha Auto holds shareholder communication meeting, plans to raise over RMB 4 billion in Series E financing
2025-01-24 17:47:27

On January 24, Nezha Auto's parent company Hozon New Energy held a shareholder communication meeting to discuss the ongoing E-round financing plan. It is understood that the planned financing scale of this round is about 4-4.5 billion yuan, and the lead investor will invest about 3 billion yuan. At the same time, Hozon New Energy also introduced the company's operating and development plan for the next three years to shareholders. In the past three months, Nezha Auto, which is in a period of shock, has undergone a series of internal adjustments such as "focusing on slimming down", and its monthly operating expenses have dropped by more than 50%. In January 2025, Nezha Auto's vehicle factory in Tongxiang has gradually resumed work, and some offline stores have also started new car deliveries.
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