哪吒汽车破产重整细节披露：账面资金仅1500万元，售后维保或重启

Core Viewpoint - Neta Auto's parent company, Hezhong New Energy, is undergoing bankruptcy restructuring while planning to continue operations during this period [1][4]. Group 1: Bankruptcy Reasons - The bankruptcy is attributed to intensified industry competition, leading to market share concentration among leading companies, which has squeezed the survival space for second-tier brands [2]. - Neta Auto's inability to establish a differentiated competitive advantage and high operational costs have significantly reduced its profitability [2]. - The company faced a liquidity crisis after repaying most bank loans in preparation for an IPO, which ultimately failed, exacerbating its financial difficulties [2]. Group 2: Financial Status - As of June 12, Neta Auto had only 15.46 million yuan in cash and 2,238 vehicles in inventory [3]. - By August 31, the total debt amounted to approximately 26.58 billion yuan, with confirmed creditor claims totaling 5.183 billion yuan [3]. - The company owes over 5000 employees various payments, totaling 460 million yuan, which complicates the verification of employee claims [3]. Group 3: Continuation of Operations - The management proposed a plan for Neta Auto to continue operations during the bankruptcy restructuring to maintain asset value and avoid significant depreciation [4]. - The continuation plan includes the resumption of defect vehicle repairs and after-sales maintenance, contingent on resolving supply chain and funding issues [5]. - The management emphasized that maintaining operations would help preserve brand value and customer trust, which is crucial for attracting potential investors [5].