Nezha Motors only has one prospective investor who meets the registration requirements for the restructuring.

date
27/09/2025
On September 27th, the reorganization administrator of Nezha Automobile released an announcement stating that as of the registration deadline, only one potential reorganization investor had submitted the complete registration materials and paid a registration deposit of RMB 50 million as required. However, this potential reorganization investor must submit a written reorganization investment plan that complies with legal requirements and is operationally feasible to the administrator in order to be confirmed as the final reorganization investor. Previously, after Nezha Automobile opened the recruitment of potential reorganization investors, there were numerous registrants. In response, the administrator raised the registration threshold at the beginning of August, requiring a registration deposit of RMB 50 million.
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As the annual cultural and tourism event "Most Hongqiao" Carnival in Changning District, Shanghai kicked off on September 26, Changning District took this opportunity to launch a three-year action plan for distinctive inbound tourism destinations. In addition, Changning District also revealed that diverse, rich, and combined online and offline cultural, commercial, and tourism activities will be held throughout the district in September and October. This year's "Most Hongqiao" Carnival event is divided into a "1+15+X" model. "1" refers to the main venue of the grand performance night of the "Most Hongqiao" ceremony; "15" refers to the key cultural, tourism, and commercial activities held in cultural venues, internet-famous street areas, commercial venues, and parks; "X" refers to various characteristic activities related to "eating, living, traveling, shopping, and entertainment" held across the district. In terms of promoting consumption, major commercial areas in Changning District have launched the Golden Autumn Shopping Festival together, offering ticket discounts, night tours, departure tax refunds, and other benefits; several high-quality hotels and inns are providing more cost-effective accommodation deals and room rate discounts during the "National Day + Mid-Autumn Festival" Golden Week; the Hongqiao Grassland Music Festival, the finals of the Citizen Dance Competition, and the "Autumn Book Market" themed market continue to expand cultural consumption new scenes with the empowerment of cultural and tourism activities.
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