According to the Chinese tech media “First Electric”, Chinese EV maker NETA Auto started preparations for its Hong Kong IPO in Q4 in 2015, with foundation financial investment surpassing 20 billion RMB.
NETA Auto has actually finished a minimum of 10 rounds of funding, with an overall divulged funding quantity surpassing 20 billion RMB, with financiers consisting of Deep Creation Investment, CRRC Capital, CATL, 360, to name a few. NETA Auto finished a Crossover round of funding on August 30th in 2015, raising 7 billion RMB.
It deserves keeping in mind that there have actually been current reports online that NETA Auto’s CEO initially guaranteed to disperse year-end rewards throughout the very first week after the vacation, however staff members are now being informed that the procedure is still continuous and bonus offers will be dispersed in March.
In action to the above online reports, NETA Auto CEO Zhang Yong mentioned that “the 23-year-end benefits relate to efficiency examination. The last circulation of yearly efficiency coefficients and quantities will be finished and dispersed in March.”
NETA Auto provided 10,032 automobiles in January 2024, consisting of 2,821 systems offered overseas. Previously last month, Zhang Yong openly evaluated the decrease in sales in 2023, pointing out concerns such as high prices of brand-new items, postponed changes in the 2nd half of the year, missed out on chances, out-of-date interaction techniques, and troubles in promoting excellent items.
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