Nezha Auto receives investment totaling no less than 5 billion yuan

Hozon Auto, the parent company of Nezha Auto, announced that it has received a total investment of no less than 5 billion yuan from Tongxiang State-owned Capital Investment Operation Co., Ltd., Yichun Jinhe Equity Investment Co., Ltd., and Nanning Minsheng New Energy Industry Investment Partnership (Limited Partnership). These investments will support Hozon Auto's IPO and promote the company's rapid development.