Overview
- Shanghai No. 3 Intermediate People's Court accepted Jidu Auto's pre-restructuring petition on November 21, 2025.
- The court named Beijing Zhong Lun (Shanghai) Law Firm as the temporary manager to oversee the process.
- The company says it will seek new strategic investors, activate assets, and safeguard user after-sales rights while maintaining operations.
- Business registry records on November 24 show a new review-case entry for Shanghai Jidu Automobile Co., Ltd.
- Earlier registry changes indicate a rename to Zhejiang Fengsheng Automotive Technology with Geely as sole controller, which reports suggest may imply Baidu has exited the shareholder list.