Refusing to pay 2.22 million yuan in debt, Neta Auto's Fang Yunzhou and former CEO Zhang Yong become judgment defaulters

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On March 13, Tianyancha’s risk information shows that recently, Yichun Langling Enterprise Management Consulting Center (Limited Partnership), Zhang Yong, and Fang Yunzhou have been listed as dishonest persons subject to enforcement by the Shanghai Changning District People’s Court for refusing to fulfill their obligations as determined by legally effective documents due to their ability to perform. All obligations remain unfulfilled. Case process information indicates that in December of last year, the above-mentioned enterprises and individuals were enforced for approximately 226,800 yuan.

As of now, Yichun Langling Enterprise Management Consulting Center (Limited Partnership) has 2 enforcement records, with a total enforced amount of 365,700 yuan; there are 3 historical enforcement records, with a total enforced amount exceeding 1.42 million yuan.

Yichun Langling Enterprise Management Consulting Center (Limited Partnership) was established in October 2021. The executive partner is Fang Yunzhou, with an investment of 5.48 million yuan. Its business scope includes social and economic consulting services and information consulting services. Partner information shows that the consulting center is held by Fang Yunzhou with a 6.93% stake, making him the actual controller, while Zhang Yong holds a 0.91% stake.

Fang Yunzhou is the founder and chairman of Nezha Auto, and Zhang Yong is the co-founder and former CEO of Nezha Auto. In 2022, Nezha Auto achieved annual sales of 152,100 units, becoming the top-selling new car-making force that year. Since then, due to factors such as product positioning, Nezha Auto’s sales have continued to decline.

Starting October 2024, Nezha Auto has been embroiled in controversies over layoffs, salary cuts, and delayed payments. On December 6 of that year, Nezha Auto announced that Zhang Yong would no longer serve as CEO and would be transferred to a consultant role. Founder and chairman Fang Yunzhou also serves as the company’s CEO, directly overseeing daily operations and strategic planning.

Currently, Fang Yunzhou’s affiliated companies number 66, with 2 in liquidation and the remaining 64 active. Active companies include Hozon New Energy Automobile Co., Ltd., Nezha New Energy Vehicle Manufacturing Co., Ltd., and Zhonglian Tianxia Auto Sales and Service Co., Ltd., among others.

Zhang Yong’s affiliated companies number 37, with 4 in liquidation and 33 active. Active companies include Hozon New Energy Automobile Co., Ltd., Tongxiang Hechuang Deli Er Enterprise Management Consulting Partnership (Limited Partnership), and others.

Hozon New Energy Automobile Co., Ltd. is the parent company of Nezha Auto. Currently, Fang Yunzhou is chairman of Hozon New Energy Automobile Co., Ltd., and Zhang Yong serves as director and general manager.

On May 13 of last year, Hozon New Energy Automobile Co., Ltd. filed for bankruptcy reorganization, with Shanghai Yuxing Advertising Co., Ltd. as the applicant. In June of the same year, the Jiaxing Intermediate People’s Court accepted the bankruptcy reorganization case of Hozon New Energy Automobile Co., Ltd.

Tianyancha app shows that Hozon New Energy Automobile Co., Ltd. currently has 5 enforcement records, with enforced amounts exceeding 71.74 million yuan; there are 117 historical enforcement records, with total enforced amounts reaching 228 million yuan. Additionally, the company has 99 equity freeze records.

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