On April 15, representatives of Tongxiang State-owned Capital Investment and Operation Co., Ltd., Yichun Jinhe Equity Investment Co., Ltd., Nanning Minsheng New Energy Industry Investment Partnership (Limited Partnership) and Hezhong Auto signed the "Hezhong Auto High Quality Development Joint Agreement. Representatives from Hezhong Auto's shareholder units Beijing Huading New Power Equity Investment Fund, Chengdu Hongjing Technology Co., Ltd., and Ningbo Meishan Bonded Port Area Aspiration Investment Co., Ltd. jointly witnessed the signing.
【Signing Ceremony Site】
Wang Jian, Mayor of Tongxiang Municipal People's Government, Fang Yunzhou, founder of Hezhong Automobile, Zhang Yong, co-founder of Hezhong Automobile, and representatives of relevant parties attended the signing ceremony.
[Speech by Wang Jian, Mayor of Tongxiang Municipal People’s Government]
[Speech by Fang Yunzhou, founder of Hezhong Automobile]
[Zhang Yong, co-founder of Hezhong Automobile, delivers a speech]
According to the agreement, the contracting parties will further enhance the financial strength of Hezhong Automobile, jointly provide a total investment of no less than 5 billion yuan to Hezhong Automobile, coordinate relevant resources, support Hezhong Automobile to achieve an IPO as soon as possible, and continue to increase Hezhong Automobile's products. Investment in R&D and technological innovation and the expansion of the intelligent network R&D center will promote Hezhong Motors to expand its export scale.
Source: Nezha Automobile
English 
Chinese