Who owns Neta? The ownership chain, Hozon New Energy's stake and the 2018 deal
Facts checked Chinese holding 100%
Neta is Chinese. It is the brand of Hozon New Energy of Tongxiang, Zhejiang, and sold in Thailand, Indonesia, Malaysia and several Latin American markets as well as at home. The company has been in financial difficulty and its current trading position should be checked before the brand is described as active.
Neta is the sole car brand of Hozon New Energy, which has been in court-supervised bankruptcy reorganisation in Jiaxing, Zhejiang since June 2025. Any change of ownership depends on the outcome of that process.
The short answer
| Controlled by | Hozon New Energy |
|---|---|
| Stake | 100% |
| Since | 2018 |
| Kind | brand |
| Origin | CN |
| Name in Chinese | 哪吒 “nuh-JAH” |
| Top of the chain | Nanning Minsheng New Energy Industry Investment Partnership |
| Is it Chinese? | Yes |
The chain, step by step
Nanning Minsheng New Energy Industry Investment Partnership holds a stake in Hozon New Energy at 11.2%.
Largest single shareholder on the list published for 2023. Municipal state capital from Nanning, Yichun and Tongxiang together put more than RMB 5bn into Hozon. The figure is undated and was not checked against a filing.
Hozon New Energy owns Neta at 100% since 2018.
Neta is the sole car brand of Hozon New Energy, which has been in court-supervised bankruptcy reorganisation in Jiaxing, Zhejiang since June 2025. Any change of ownership depends on the outcome of that process.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Nanning Minsheng New Energy Industry Investment Partnership | Hozon New Energy | holds a stake in | 11.2% | not published |
| Hozon New Energy | Neta | owns | 100% | 2018 |
Neta: questions people ask
- Is Neta still in business?
- Not as a functioning carmaker. Production largely stopped in late 2024 and its parent Hozon New Energy has been in court-supervised bankruptcy reorganisation since June 2025. It sold 1,213 cars in 2025. A restructuring plan was due by 11 March 2026; the result is not confirmed by any source this record could verify.
- Who owns Neta?
- Hozon New Energy Automobile, founded in 2014 by Fang Yunzhou and funded largely by municipal state investment vehicles from Yichun, Nanning and Tongxiang. Its future ownership depends on the outcome of the reorganisation.
- What does Neta mean?
- 哪吒 (Nézhā) is a child deity from Chinese mythology — a boy warrior with a fire-tipped spear and wind-fire wheels, from the Ming novel Investiture of the Gods.
- What happens to people who bought a Neta?
- Hozon said in September 2025 that it had more than 400,000 owners and that keeping the company alive was the only way to protect them. Overseas markets such as Indonesia have had after-sales and parts handled through local distributors during the reorganisation.
Related
Sources for Neta
- Wikipedia, Hozon Auto. Read . Brand launch, first car, sales by year, overseas markets, the collapse timeline and the Reuters report
- Yicai Global, Chinese EV Maker Hozon Auto Goes Into Bankruptcy Review. Read . Court, administrator and dates
- Yicai Global, Hozon Auto Reveals Creditor Claims in Bankruptcy Case. Read . Claims as of 12 September 2025 and the owner count
- Tencent News, 哪吒重整新进展：最迟3月定方案 (Neta restructuring: plan due by March at the latest). Read . January 2026 Chinese-language report on the restructuring investor and the 11 March 2026 deadline
- Wikipedia, List of automobile manufacturers of China. Read . Chinese manufacturer list.