In order to improve the management mechanism of Nezha Auto, 360 transferred part of the equity to the management of Nezha Auto

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36氪 was informed that on June 26, 360 Security Technology Co., Ltd. issued an announcement, “In order to optimize the target company’s equity structure, improve the target company’s governance mechanism, and in line with the long-term cooperation and development purpose of mutual benefit and win-win between the two parties, it is planned to hold the company. Hezhong New Energy Automobile Co., Ltd. has a registered capital of RMB 79,994,371.67 (without actual capital contribution), corresponding to the transfer of 3.5320% equity of Nezha Auto to Jiaxing Xinzhu Equity Investment Partnership (Limited Partnership) and Shenzhen Jingcheng Open Enterprise Management Center (Limited Partnership)” . After the completion of the equity transfer, 360 still holds 11.4266% equity of Nezha Auto.
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