哪吒汽车重整“进行时”：力保造车“双资质”公开招募经营管理方

Core Viewpoint - The restructuring of Neta Auto's parent company, Hozon New Energy, is progressing with the announcement of a public recruitment for a management trustee to maintain its "dual production qualifications" necessary for vehicle manufacturing [1][2]. Group 1: Management and Operational Strategy - The management trustee is expected to utilize the debtor's production lines and assets to sustain a certain scale of production and R&D activities, while also preparing for potential supervisory inspections [1]. - The core management team must consist of at least 20 members with over 15 years of experience in mainstream domestic automotive companies, and a production team of at least 50 members with a minimum of 5 years of relevant experience is required to be stationed at Hozon New Energy's facilities [1]. - The trustee is responsible for self-funding, and if no trustee is willing to raise funds during the recruitment period, Hozon New Energy will fulfill the funding obligation [1]. Group 2: Regulatory and Compliance Issues - The management has previously emphasized the importance of maintaining "dual production qualifications" to preserve the asset value of Neta Auto, as failure to meet production requirements could lead to regulatory penalties [2]. - According to current industry policies, if a passenger vehicle manufacturer fails to achieve an average annual production of 2,000 vehicles over two consecutive years, it may face special announcements from the Ministry of Industry and Information Technology [2]. Group 3: Financial and Debt Situation - As of November 10, 2025, Neta Auto has 1,735 creditors with a total claimed debt amounting to 27.433 billion yuan, but only 9.386 billion yuan has been confirmed by the management [4]. - The recruitment of a management trustee indicates delays in attracting restructuring investors, with only one investor having submitted the required materials and deposit by the deadline [3][4]. - Neta Auto's production qualifications are deemed essential for its revival, and failure to meet the required production targets could jeopardize its ability to attract future investments [3].