On July 17, according to Ali Asset, the pre-recruitment channel for potential investors in the restructuring of Nezha Auto's parent company Hozon New Energy Automobile Co., Ltd. was officially opened. From July 10, 2025, interested strategic investors can submit pre-registration materials through the Ali Asset platform. Previously, on June 12, the Jiaxing Intermediate People's Court ruled to accept the case of Hozon New Energy's bankruptcy and restructuring, and on the same day designated Zhejiang Haihao Law Firm, Zhejiang Zicheng Law Firm, and Shanghai Junyue Law Firm as joint administrators of Hozon New Energy. On June 18, the Jiaxing Intermediate People's Court of Zhejiang Province referred the case to the Tongxiang People's Court of Zhejiang Province for trial.