Nezha Auto started laying off employees in September, and some resigned employees did not receive compensation

It is revealed that Nezha Auto had already started layoffs in September and offered N compensation, but the resigned employees have not received compensation so far. The prospectus of Hozon New Energy Automobile Co., Ltd. shows that as of December 31, 2023, it has established four R&D centers in Shanghai, Jiaxing, Beijing and Hong Kong, with 2,132 R&D personnel, accounting for 26.9% of the total number of employees.