Core Viewpoint - Neta Auto is facing severe financial difficulties, including employee wage arrears and potential bankruptcy proceedings, prompting discussions about restructuring and strategic investments to ensure sustainability [1][5][6]. Group 1: Financial Situation - Neta Auto reported net losses of 4.84 billion, 6.666 billion, and 6.867 billion yuan from 2021 to 2023, totaling over 18 billion yuan in three years [6]. - The company has been heavily reliant on external financing, which has become increasingly difficult due to a cooling capital market in the new energy sector [6]. - Neta Auto's last financing round occurred in September of the previous year, specifically for exports to Brazil, and its IPO attempt was unsuccessful [6]. Group 2: Employee and Operational Issues - Employees have expressed dissatisfaction, leading to protests for unpaid wages, and there are calls for the company to enter bankruptcy proceedings [1][5]. - The company has faced significant operational challenges, including large-scale layoffs, salary cuts, and delays in payments to suppliers since October of the previous year [7]. - Neta Auto's management has attempted various cost-cutting measures, but these have not resolved the ongoing financial issues [7]. Group 3: Restructuring Efforts - A restructuring statement was circulated, indicating a government-led initiative to resolve the debt crisis and attract strategic investments [5]. - Neta Auto plans to collaborate with leading domestic and international capital for investments aimed at production recovery, technology development, and overseas market expansion [5]. - The company has initiated a debt-to-equity swap with 134 core suppliers, totaling over 2 billion yuan, to alleviate its debt burden [7][8]. Group 4: Future Outlook - The future of Neta Auto remains uncertain as it navigates complex negotiations with various stakeholders regarding its financial and operational strategies [8]. - The company is expected to continue its overseas operations in key markets like Thailand, Indonesia, and Brazil, despite domestic challenges [5].

所谓"债转股"，便是将企业的债务转化为投资持股，债权人身份转变为股东，以减轻企业债务。 此前3月，哪吒汽车宣布，经过三轮磋商，已与134家核心供应商达成共识，共同签署超20亿元的债转股协议，其中包括宁德时代、国轩高科、瑞浦兰钧等 业内头部。也就是说，供应商们将支持哪吒汽车通过化债来推动融资，尽快复产复工，并鼓励其出海共谋发展等。 | 序号 | 供应商名称 | 专业 | | --- | --- | --- | | 1 | 宁德时代新能源科技股份有限公司 | 三电 | | 2 | 合肥国轩高科动力能源有限公司 | 三电 | | 3 | 蜂巢能源科技股份有限公司 | 三电 | | 4 | 瑞浦兰钧能源股份有限公司 | 三电 | | 5 | 安徽舟之航电池有限公司 | 三电 | | e | 菲仕绿能科技(北京)有限公司 | 三电 | | 7 | 力高(山东)新能源技术股份有限公司 | 三电 | | 8 | 南京康尼新能源汽车零部件有限公司 | 三电 | 图源：微博 哪吒汽车宣告化债失败 一波未平，一波又起，哪吒汽车再向万丈深渊迈进了一步。 近日，噩耗传来，哪吒汽车"债转股"方案失败。哪吒汽车欠供应商的总款项约60亿元 ...