Core Viewpoint - Nezha Auto is facing a new wave of public scrutiny due to issues with its app and website, following previous controversies related to management and operational challenges [2][8]. Group 1: Recent Issues - On May 4, the topic "Nezha Auto App Disconnection" trended on Weibo, with a reading volume of 6.17 million by May 6 [3]. - Users reported problems such as "APP disconnection," inability to use remote control features, and halted data updates on May 2 [3][4]. - The app displayed "network exception" messages, and users encountered "HTTP 502 Bad Gateway" errors when attempting to log in [4][7]. Group 2: Brand Trust and Reputation - The series of technical issues has led to a decline in consumer trust in Nezha Auto's brand, with negative discussions about its "brand vitality" and user base surfacing online [8]. - Previous incidents in April and January also highlighted ongoing issues with the app and website, contributing to a negative perception of the company [7]. Group 3: Company Response and Recovery Efforts - By May 5, the reported issues with the app and website were resolved, with Nezha Auto attributing the problems to a system fault rather than a lack of oversight during the holiday [9][10]. - Nezha Auto's CEO, Fang Yunzhu, has initiated a series of reforms aimed at restoring the company's reputation and operational efficiency, including a plan for employee stock ownership and expansion into international markets [15][16]. Group 4: Future Outlook - Nezha Auto aims to achieve profitability by 2026 and plans to balance its sales between domestic and international markets within the next 2-3 years [15]. - The company has already established partnerships in Bolivia and Indonesia, indicating a strategic push into overseas markets as a growth driver [16].

Group 1 - Neta Auto's app and website experienced downtime due to unpaid data fees, which was exacerbated by a lack of oversight during the holiday period. The app and website have since resumed normal operations, but this is not the first instance of such issues for Neta Auto, which is currently facing operational challenges and seeking financing to address its debts [1]. - BYD announced that its employee stock ownership plan has acquired a total of 3.012 million A-shares through the secondary market, representing 0.0991% of the company's total share capital. The average transaction price was approximately RMB 357.59 per share, with a total transaction value of RMB 1.077 billion (excluding transaction fees) [1]. - The CEO of Jiyue Auto, Xia Yiping, has had two companies, Qingdao Jidu Technology Service Co., Ltd. and Yiwu Jidu Technology Service Co., Ltd., listed as operating under abnormal conditions due to being unreachable at their registered addresses. Both companies were established in October 2023, have a registered capital of RMB 10 million each, and are involved in the sale of new energy vehicles and related services [1].

Core Viewpoint - Neta Auto's app and official website experienced downtime due to unpaid data fees, which was exacerbated by a lack of oversight during the holiday period. The company is currently facing operational challenges and is seeking financing to address its debts [1]. Group 1 - Multiple Neta car owners reported that the car app was down and remote control features were unavailable starting May 2 [1]. - The app and website have since been restored to normal functionality, with maintenance being cited as the reason for the initial downtime [1]. - This incident is not the first time Neta Auto's app and website have experienced issues, indicating ongoing operational difficulties [1]. Group 2 - The company is actively seeking financing solutions to manage its debt situation, highlighting its current financial struggles [1].