Nezha Auto adjusts its strategy, Zhang Yong resigns as CEO, Fang Yunzhou takes over

On December 6, it was reported that due to the company's strategic adjustment, Zhang Yong no longer served as CEO of Nezha Auto and became a company consultant. Fang Yunzhou, the founder and chairman of Nezha Auto, also served as the company's CEO. Regarding the online rumor that Zhang Yong had switched to a commercial vehicle company, Nezha responded that the news was untrue and Zhang Yong would remain in the company.