Core Viewpoint - Nezha Auto is undergoing bankruptcy reorganization, with significant debt and operational challenges impacting its market position and brand reputation [1][5]. Group 1: Bankruptcy and Debt Situation - As of August 31, a total of 1,631 creditors have filed claims against Nezha Auto, amounting to over 26 billion yuan, with confirmed claims totaling around 5.1 billion yuan [1]. - The company owes approximately 460 million yuan in wages and social security to over 5,000 employees, while its cash balance is around 15.5 million yuan [1]. - Nezha Auto has about 9.3 billion yuan in accounts receivable, indicating potential liquidity issues [1]. Group 2: Customer Sentiment and Brand Impact - The number of Nezha car owners has exceeded 400,000, and their satisfaction is crucial for maintaining the brand's value [1]. - Negative sentiments among Nezha car owners are increasing, particularly due to service disruptions related to the company's partnership with Lenovo [3][4]. - The termination of network services by Lenovo has led to a decline in customer trust and could further damage Nezha's brand reputation [3][4]. Group 3: Sales Performance and Market Reaction - Nezha Auto's sales have drastically declined, with annual sales dropping from 152,100 units in 2022 to 64,500 units in 2024, marking a near 50% decrease [4]. - In January 2023, Nezha's domestic sales plummeted to just 110 units, reflecting a severe loss of market confidence [6]. - The company's operational difficulties have led to widespread layoffs, salary cuts, and halted production, further exacerbating its crisis [4][5]. Group 4: Reorganization Efforts - The bankruptcy reorganization process is ongoing, with the court accepting the case in June 2023 and a call for potential investors issued in August [8]. - The response to the investor recruitment has been positive, with 55 interested parties registering within a day [8].

Core Points - The core issue revolves around the discontinuation of internet connectivity services for Nezha cars due to unpaid fees by Hozon Auto, leading to significant inconvenience for car owners [4][5][9]. Group 1: Service Disruption - Multiple Nezha car owners received messages from Hozon Auto stating that Guangdong Lenovo Communication Co., Ltd. would cease providing internet connectivity services, requiring users to purchase data plans themselves [1]. - Car owners reported that they were promised lifetime or five years of free 5G data upon purchase, yet they experienced service interruptions starting from September 9, 2025, affecting remote control and entertainment features [3]. Group 2: Financial Issues - Lenovo Communication issued a statement indicating that Hozon Auto had failed to pay service fees on time, resulting in significant operational cost pressures and service risks for car owners [4]. - The management of Hozon Auto announced that the company is undergoing bankruptcy restructuring, with a court ruling on June 12, 2025, and has been working to protect owner rights while facing unilateral service termination by Lenovo Communication [9].

Core Viewpoint - The management of Hezhong New Energy (Neta Auto) has announced the suspension of connected vehicle services due to Lenovo Connect's unilateral termination of the service agreement, following ongoing payment disputes [1][4][7]. Group 1: Company Actions and Responses - Hezhong New Energy's management is actively communicating with Lenovo Connect and reserves the right to pursue legal action regarding the termination of services [1]. - Lenovo Connect has stated that Hezhong New Energy has failed to make timely payments for services, leading to the suspension of services for vehicles with outstanding fees [4][7]. - Lenovo Connect will implement a "Neta Owner Data Plan" to provide continued data services for Neta vehicle owners, allowing them to purchase data through the Lenovo Connect app [7]. Group 2: Customer Impact and Reactions - Many Neta vehicle owners have reported receiving notifications about the service suspension and have experienced connectivity issues prior to the official announcement [8]. - Affected customers have been advised to purchase data packages to regain connectivity, with the basic package priced at 5.9 yuan, offering limited functionality [10]. - As of September 2024, Neta Auto has approximately 460,000 users, with recent sales figures indicating a decline in vehicle sales [10].

Core Viewpoint - The recent termination of internet connectivity services for Neta vehicles by Lenovo Dongde has caused significant inconvenience for car owners, highlighting ongoing operational and financial issues within Neta Auto [1][4]. Group 1: Company Operations - Neta Auto's management has expressed regret over the disruption caused by Lenovo Dongde's unilateral decision to stop providing internet connectivity services without prior notice [1]. - Car owners reported receiving notifications about the service termination, which contradicts previous promises of free data services for varying durations depending on the vehicle model [3]. - Neta Auto has faced multiple connectivity issues in the past, including website outages and app malfunctions, indicating a pattern of operational instability [3]. Group 2: Financial Issues - Lenovo Dongde stated that Neta Auto has failed to make timely payments for the internet services, leading to the service suspension after months of unsuccessful negotiations [4]. - The financial struggles of Neta Auto are further underscored by its ongoing bankruptcy restructuring process, with a creditors' meeting scheduled shortly [7]. Group 3: Market Position - Lenovo Dongde, established in 2016, is a significant player in the smart IoT services sector, holding a substantial market share in the intelligent connected vehicle space [7]. - Reports suggest that Lenovo Dongde commands nearly 50% of the market share in the smart connected vehicle sector and 80% among new car manufacturers [7].

Core Viewpoint - Lenovo's communication division announced that all vehicles associated with the unpaid service fees from Hozon Auto will gradually trigger system shutdowns starting this month due to ongoing payment issues and lack of resolution after months of negotiation [1][2]. Group 1: Company Actions - Lenovo's communication division has stated that due to Hozon Auto's operational issues, the company has failed to make timely payments for related services, leading to significant cost pressures for Lenovo [2]. - In response to the concerns of vehicle owners, Lenovo will launch the "Nezha Owner Data Plan" to ensure continued data service for Nezha vehicle owners [1][2]. Group 2: Customer Communication - The company has provided multiple channels for customers to inquire about data service subscriptions and usage, including an online customer service option through the "Deng de Che Lian" public account and a customer service hotline [3]. - Lenovo expresses gratitude for customer understanding and trust, emphasizing its commitment to optimizing service experiences for users [4].

Core Viewpoint - The company Neta Auto is facing service disruptions due to unpaid fees for vehicle networking services, leading to a potential halt in connectivity for affected vehicles [1][2]. Group 1: Service Disruption - Lenovo's communication service announced that starting this month, all vehicles with outstanding fees will gradually trigger system shutdowns [1][2]. - The company has been unable to reach an agreement with Neta Auto regarding payment issues despite months of communication and negotiation [1]. Group 2: Customer Support Initiatives - In response to customer demands, Lenovo's communication service will launch a "Neta Owner Data Plan" to ensure continued data service for Neta vehicle owners [2]. - Vehicle owners can subscribe to data services through the "Deng de Che Lian" public account or mini-program [2].

Core Viewpoint - The management of Hezhong New Energy (Neta Auto) has issued a statement regarding the suspension of its vehicle networking services, indicating that Lenovo's service was terminated unilaterally without prior notice [1] Group 1: Company Actions - The management has actively fulfilled the obligations under the installment payment agreement and the vehicle networking service agreement with Lenovo [1] - The management intends to maintain communication with Lenovo and reserves the right to pursue legal action [1] Group 2: Service Suspension Details - Lenovo has unilaterally terminated the vehicle networking data service for Neta Auto without prior notification [1]

Core Viewpoint - The management of Hezhong New Energy (Neta Auto) has issued a statement regarding the suspension of its vehicle networking services by Lenovo Dongde without prior notice, indicating potential legal actions against the company [1] Group 1 - The management has been actively fulfilling the payment agreement and vehicle networking service agreement with Lenovo Dongde since taking over Neta Auto [1] - Lenovo Dongde unilaterally terminated the vehicle networking data service without prior notification [1] - The management will continue communication with Lenovo Dongde and reserves the right to pursue legal responsibility [1]

Group 1 - The core point of the article is that Nezha Auto's management has issued a statement regarding the termination of its vehicle networking service by Lenovo Dongde without prior notice, which raises concerns about the continuity of services [1] - Nezha Auto's management has been actively fulfilling the payment agreement and vehicle networking service agreement with Lenovo Dongde since taking over the company [1] - The management intends to maintain communication with Lenovo Dongde and reserves the right to pursue legal action against them for the unilateral termination of services [1]

Core Viewpoint - The article highlights the ongoing financial difficulties faced by Hezhong Automobile, which has led to a disruption in its car networking services provided by Lenovo. The situation reflects broader challenges in the automotive industry, particularly for companies like Hezhong that are struggling with operational issues and financial obligations [1]. Group 1 - Lenovo's communication indicates that Hezhong Automobile has failed to pay service fees related to car networking, resulting in a potential suspension of services [1]. - Multiple users of Nezha vehicles reported receiving messages from Hezhong, stating that Lenovo would cease fulfilling the car networking service agreement, urging users to purchase data plans independently [1]. - Since the second half of 2024, Hezhong Automobile has been facing severe operational challenges, including production halts, unpaid salaries, layoffs, and equity freezes [1]. Group 2 - On June 12, the Jiaxing Intermediate People's Court accepted the bankruptcy reorganization case of Hezhong New Energy Automobile Co., Ltd., which is associated with Nezha Automobile [1].