Core Viewpoint - Recent leadership changes at Neta Auto, including the departure of key executives, raise concerns about the company's stability and operational capacity amid bankruptcy rumors and financial difficulties [1][2][4][5]. Group 1: Executive Departures - Zhou Jiang, president of Neta Auto's overseas division, has recently left the company, with his future plans currently unknown [1]. - Zhang Panpeng, general manager of Neta Auto's Indonesia operations, has also departed to join Jietu Auto for overseas projects [1]. - Zhou Jiang has over 25 years of experience in the automotive industry, having held various roles at Changan Automobile before joining Neta Auto in 2019 [1]. Group 2: Financial Issues - Neta Auto's parent company, Hozon New Energy Vehicle Co., Ltd., is facing a bankruptcy review initiated by Shanghai Yuxing Advertising Co., Ltd., with the case filed on May 13 [5][7]. - Neta Auto reportedly owes over 5.3 million yuan to the advertising company for services rendered in 2022 and 2023, with previous agreements for payment not being honored [7]. - The company has been in discussions regarding a debt-to-equity swap proposal, which has not been accepted by all creditors [7]. Group 3: Operational Challenges - Many overseas executives have left Neta Auto, leading to difficulties for overseas dealers in obtaining parts and after-sales support [2]. - The company currently has over 1,000 employees, but many are not actively working, indicating a significant reduction in operational capacity [2].

周江至今已拥有超25年汽车行业从业经历，1999年入职长安汽车后，周江先后在长安微车、长安轿车、 长安合资企业等板块从事一线销售、产品企划与营销推广、品牌建设与市场传播、销售管理等工作，周江 在长安汽车的职业高点是2016年升任长安PSA总经理，负责长安PSA DS品牌的营销管理工作，不过 2017年底就被调回长安汽车总部。 2019年7月周江入职合众汽车（哪吒汽车母公司）担任总裁助理兼营销公司执行副总裁，负责品牌建设、 公关传播与用户经营等模块工作，主导U产品线营销工作，直接向彼时的合众汽车总裁张勇汇报。 周江 在哪吒汽车期间周江一路做到了哪吒汽车副总裁、海外事业部总裁兼营销公司常务副总裁，负责哪吒汽车 的海外业务及营销活动。一位内部员工告诉雷峰网，海外业务一把手的周江，在内部地位仅次于已经离职 的前CEO张勇。 周江的离任给哪吒汽车海外业务带来诸多不确定性，"近期很多海外业务高管都离职了。"一位内部员工 说。 雷峰网了解到，有些哪吒汽车海外经销商目前已经无法得到厂家的备件与售后支援了，"我们前期采购了 太多哪吒V与哪吒X，现在正在清库存。" " 周江是近期离职的多位核心高管之一，哪吒汽车营销公司预计只 会 ...

Core Viewpoint - The news regarding Neta Auto's associated company, "Hezhong New Energy," facing a bankruptcy review has sparked significant attention in the new energy sector, although the company is not yet at the point of actual bankruptcy [1]. Group 1: Financial Situation - Neta Auto's associated company, "Hezhong New Energy," has been applied for bankruptcy review by "Shanghai Yuxing Advertising Co., Ltd." with the case being handled by the Zhejiang Provincial Jiaxing Intermediate People's Court [7]. - On March 25, Neta Auto announced that it had reached a debt-to-equity swap agreement with 134 core suppliers, totaling over 2 billion yuan, including major suppliers like CATL and Guoxuan High-Tech [7][8]. - The company is currently undergoing an E-round financing plan aiming to raise 4-5 billion yuan, with the lead investor expected to contribute around 3 billion yuan [8][10]. Group 2: Operational Challenges - Neta Auto has been facing severe cash flow issues, with reported losses reaching 6.75 billion yuan by the end of 2023 and current cash and cash equivalents at 2.83 billion yuan [14]. - The company has been unable to deliver vehicles, including the "Neta L," which had garnered 30,000 orders within 35 days of its launch, due to supply chain disruptions caused by extended payment terms with suppliers [14][15]. - The company has also been criticized for its strategic shift towards higher-end models, which has not yielded the expected results, leading to a significant decline in its market position [20]. Group 3: Future Prospects - Neta Auto is attempting to revitalize its operations by expanding into the Southeast Asian market, particularly Thailand, where it has secured a credit line of 10 billion Thai Baht (approximately 2.15 billion yuan) [8][19]. - The company aims to achieve a 50% share of its total sales from overseas markets within two to three years, with plans to turn a profit by 2026 [18][19]. - The Thai market has shown significant growth in electric vehicle sales, with a nearly 40-fold increase in pure electric vehicle sales over the past four years, indicating a favorable environment for Neta Auto's expansion [22].

Core Viewpoint - Neta Auto, facing severe financial difficulties, has been applied for bankruptcy by an advertising company, highlighting its ongoing struggles with debt and operational issues [1][2][4] Financial Situation - Neta Auto's revenue losses have expanded from 4.84 billion yuan in 2021 to 6.867 billion yuan in 2023, accumulating over 18 billion yuan in total losses over three years [3] - As of the end of 2023, Neta Auto's cash reserves were 2.837 billion yuan, significantly down from 6.757 billion yuan at the end of 2022, while its loan balance increased slightly to 5.76 billion yuan [3] Operational Challenges - Neta Auto has faced multiple operational issues, including wage arrears, layoffs, and supply chain disruptions, leading to dissatisfaction among dealers and customers [2] - Complaints from Neta Auto owners have surged, with issues related to the company's website and app, as well as difficulties in obtaining spare parts for vehicle repairs [2] Market Strategy - To alleviate its financial crisis, Neta Auto is focusing on international markets, having secured a credit line of 10 billion Thai Baht (approximately 2.15 billion yuan) to initiate local production in Thailand [3] - The company has also reached a debt-to-equity conversion agreement worth over 2 billion yuan with 134 core suppliers [3] Acquisition Rumors - There have been rumors regarding a potential acquisition of Neta Auto by Toyota, but both companies have publicly denied these claims [4]

撰 文 / 陆 巡 设 计 / 琚 佳 如果不是科创板上市公司埃夫特智能机器人股份有限公司（下称埃夫特，68816.SH）的一则公告， 哪吒汽车的前员工们还不知道，老东家准备还钱了。 5月8日，埃夫特发布公告称，同意法院就哪吒汽车所欠公司的设备款4915.09万元一审作出的调 解。 自2025年6月至2025年11月，被告哪吒汽车的母公司合众新能源及分公司合众新能源宜春分公司每 月30日之前向原告埃夫特支付8191824.6元，原告埃夫特自愿放弃其他诉讼请求。 2024年11月，也是埃夫特率先发的一纸公告，捅破了哪吒汽车拖欠供应商货款的窗户纸，哪吒拖欠 供应商欠款、大批员工被离职的传闻终被证实。 根据企查查消息，埃夫特是皖系工业机器人代表，成立于2007年，此前高管大多出自奇瑞汽车，大 股东和二股东均是芜湖市国有企业，大股东芜湖远宏工业机器人投资有限公司持股16.10%，二股东 芜湖远大创业投资有限公司持股12.61%。其中，大股东被市管国企芜湖远大创业投资有限公司控股 95%，美的机器人发展有限公司占股5%。 美的集团在2015年-2023年是埃夫特的第六大股东，后并购库卡，对埃夫特进行减持。 埃夫特作为中 ...

"五一"假期，App突发故障、官网无法访问，引发众多哪吒汽车车主集体吐槽。随后，有消息称，哪吒 汽车App"断网"源于流量欠费，假期无人维护。5月6日，哪吒汽车方面辟谣称，初步判断App出现系统 故障，目前已经修复，与流量欠费无关。事实上，这已不是哪吒汽车App及官网首次"掉链子"。自经销 商、供应商堵门讨债开始，哪吒汽车官网和App便相继出现异常及断网等问题。在资金压力下，苦撑的 哪吒汽车只能"缝缝补补"。 经历经销商、供应商堵门讨债后，哪吒汽车的运营维护问题频出。 "App崩溃后无法锁车，车也动不了。"一位哪吒汽车车主表示，今年5月3日上午，哪吒汽车App的界面 直接变成登录页面，同时显示网络不佳，随后在社交平台上发现不少车主均遇到相同的App崩溃问题。 北京商报记者了解到，从5月2日起，众多哪吒汽车车主在社交平台上吐槽"哪吒汽车App全面崩溃，无 法启动"以及"官网无法正常访问"。有车主称，尽管可以打开哪吒汽车App，但无法更新车辆定位或无 法查看充电提示及续航里程等信息。 随后，有消息称，哪吒汽车App出现断网等问题，主要由于假期无人维护导致的流量欠费。对此，哪吒 汽车方面回应称："此次App故障与流 ...

撰 文 / 陆 巡 设 计 / 张 萌 "羡慕极越。 "提及赔偿方案和进度，哪吒汽车前员工们对汽车商业评论如是表示。 至少，极越的员工们为自己最后的权益争到了公平和保障。在相关政府部门的指导和见证下，建立 了一个监管共管账户，用于代极越为员工支付相关费用，垫付资金由百度和吉利提供。经济补偿方 面，将按照"N+1"的标准进行。 3月19日，哪吒汽车在上海总部爆出供应商讨债以及哪吒汽车提出将70% 的债务进行债转股方案。 "都是真的。"哪吒汽车前研发人员张挺（化名）对汽车商业评论称，供应商们睡在大厅讨要欠款， 上海那边的员工们在维权，这些消息一直都有。 这里是哪吒汽车的北京设计中心。研发族的设计、产品规划和智能院的六七十人，曾经在这里灯火 通明地加班过。如今，因欠了几百万元的物业费，这里被物业封锁。 车头对着的是LED墙 一面挂着巨幅LED屏幕的墙，代表着哪吒汽车扩张时期的排面。这面LED墙斥资几百万元，当时的 设想是想呈现像赛车游戏一样的3D投影效果，后来没怎么使用过。 自去年9月起，张挺和陆续被离职的三四千名哪吒汽车员工们，都在坐等所欠的薪水和赔偿方案。 按照离职时签署的协议，60天后哪吒汽车执行赔偿。距离收 ...

黄峥成中国首富 黄峥成中国首富 太古、恒隆地产利润下滑 万亿公募董事长被查 中芯国际利润率超预期增长 豪华电动车设计陷入两难 中国家庭去杠杆 关注《晚点财经》并设为星标，第一时间获取每日商业精华。 据彭博亿万富翁指数，拼多多创始人黄峥最新财富已经达到 486 亿美元，超过农夫山泉创始人钟睒睒 （474 亿美元），成为中国首富。 拼多多的公司价值低于腾讯、字节，（目前）也略低于阿里，但黄峥在拼多多上市前出让给投资方和 团队的股份比例低于其他大公司，至今仍持有拼多多 25% 的股份，远高于马化腾（7.4%）、马云 （3.9%）和王兴（9.6%）。黄峥的净资产巅峰是 2021 年 2 月时的 715 亿美元，一个月后，他卸任拼 多多董事长，转而研究食品科学和生命科学。今年年初以来，拼多多股价跌了约 5.7%，黄峥的个人 财富少了近 30 亿美元。 钟睒睒拥有农夫山泉 84.5% 的股份，并直接和间接持有上市药企万泰生物 73% 的股份。他的净资产 巅峰同样是在 2021 年 2 月，最多时有 974 亿美元，而且他从当年 4 月开始就一直是中国首富。自年 初以来，农夫山泉和万泰生物股价跌幅分别为 34.7% 和 9 ...