On November 12, Bloomberg quoted informed sources that Hezhong new energy (Nezha automobile) is considering an initial public offering (IPO) in Hong Kong, which may raise about US $1 billion. The source said that Hezhong is cooperating with the consulting company on the potential IPO transaction as early as or next year

11 8, WeChat's official account of WeChat announced the signing of the strategic agreement between the new energy Polytron Technologies Inc of Ningde and the car of Zha Zha. Ningde times will participate in the D2 round of financing, strategically invest in Nezha automobile, and fully open strategic cooperation in the fields of technology R & D and supply chain support