Nezha Auto faces supply chain shortages

Although Nezha Auto previously denied the news that the three major vehicle factories in Tongxiang, Yichun and Nanning were "shut down", the announcements of the two listed companies exposed the fact that Nezha Auto's supply chain is currently in short supply. Among them, Dongfeng Technology disclosed that its subsidiary Dongfeng Yanfeng filed an arbitration application with the court because it was owed a total of 12.7303 million yuan in payment by Nezha Auto's operating entity Hezhong New Energy. In addition, Efort also sued Yichun Hezhong in court because Hezhong New Energy Yichun Branch owed a contract payment of about 48.1954 million yuan.