On June 26, Neta Auto submitted an IPO application to the Hong Kong Stock Exchange. Neta Auto is a product brand under Hozon New Energy Automobile, and the company will become the fifth new energy car company to IPO in Hong Kong. According to the prospectus, Neta Auto’s parent company is a global technology-oriented new energy vehicle company. Data shows that from January to May 2024, Neta Auto exported 16,458 vehicles, ranking first among new force car companies in export volume.