Nezha Auto’s former CEO’s equity frozen

Zhang Yong, the former CEO of Nezha Auto, has added a new equity freeze information, with the frozen equity amount of RMB 40.5 million. Zhang Yong once worked in the BAIC Group, and later joined Hozon New Energy as CEO, leading Nezha Auto to become a leader among new power brands. The freezing period starts from May 13, 2025 and ends on May 12, 2028. The frozen equity belongs to Tongxiang Hechuang Deli San Technology Consulting Partnership (Limited Partnership).