Core Viewpoint - The news highlights the ongoing bankruptcy restructuring process of Neta Auto's parent company, Hezhong New Energy, with a focus on the involvement of Shanzi Gaoke, which has paid a deposit and is exploring investment opportunities in Neta Auto amid the restructuring efforts [1][5]. Group 1: Investment and Financial Activities - Shanzi Gaoke has paid a deposit of 10 million yuan to the management of Hezhong New Energy as part of the bankruptcy restructuring process [1]. - As of September 12, Shanzi Gaoke is the only investor to have submitted a deposit, with no other potential investors having done so [1]. - The first creditors' meeting confirmed a total debt of 265.8 billion yuan, with 51.8 billion yuan recognized as valid claims [5][7]. Group 2: Company Operations and Management - A team from Neta Auto has been working in Shanghai to assist the management in sorting out the company's debt and asset situation [1]. - The management is actively engaging with potential investors to enhance their interest in the restructuring process [7]. - Shanzi Gaoke's involvement in the restructuring is uncertain, as the process is controlled by Hezhong New Energy [1]. Group 3: Previous Investment Attempts - Shanzi Gaoke previously attempted to invest in Neta Auto during a planned E-round financing in February, proposing to lead a 3.5 to 4.5 billion yuan investment, which ultimately did not materialize due to internal shareholder opposition [1]. - The company has a history of engaging in various automotive investments, including a 1.07 billion yuan acquisition of a controlling stake in Hongxing Automobile [12]. Group 4: Future Plans and Developments - Shanzi Gaoke is planning to launch a new range-extended vehicle priced around $10,000, with a strategic partnership with Tmall for online sales [8][9]. - The company aims to enhance its core competitiveness through ongoing research and development, supported by recent asset sales [14].

Core Viewpoint - The recent communication from Hezhong Automobile regarding the discontinuation of car networking services for Nezha vehicles due to unpaid service fees has raised concerns among car owners and highlights operational challenges within the company [1] Group 1: Company Actions - Nezha car owners received messages from Hezhong Automobile stating that due to the refusal of Lenovo Dongde Communication to fulfill the "Internet of Vehicles Service Agreement," the company will gradually stop providing car networking data services [1] - Lenovo Dongde issued a statement indicating that Hezhong Automobile has failed to pay service fees on time, leading to significant operational cost pressures, and as a result, they will begin to suspend services for all vehicles with outstanding payments starting this month [1] Group 2: Customer Impact - The statement from Lenovo Dongde emphasizes the need for car owners to purchase data plans independently, as the company has introduced a "Nezha Car Owner Data Guarantee Plan" to allow users to buy data through their platform [1] - Previously, Nezha Automobile had promised that the basic data for the Nezha L model would be free for life, and entertainment data would be free for three years (5G/month) [1]