AutoBeta(AutoBeta.net)09/26 Report--

A few days ago, according to the US technology media "The Verge", Bi Fukang, the current CEO of FF and the former chairman of Baiteng, revealed the "underlying reason" for resigning as chairman of FF at a media event held at the headquarters of FF in Los Angeles: FAW of China intervened too much as an investor in Baiteng.

According to media reports at the time, Bi Fukang said he felt that FAW was driving Baitang to shut down completely, so that it could retain its factory in Nanjing and Baiteng's electric car technology. Bi Fukang also said that all expenses of Baiteng had to be approved by FAW, so many of Baiteng's engineer team left the company. FAW owns 15% of Baiteng, and FAW lends Baiteng tens of millions of dollars, in response to FAW's right to use Baiteng's manufacturer equipment and other assets and technologies in China.

Later, Baiteng officials responded that Baiteng had been operating independently. FAW Group is a strategic investor and partner of Baiteng, and the two sides have extensive business cooperation in new energy vehicle research and development, supply chain, industrialization and other fields. FAW Group is one of the largest automobile companies in China, and the strategic cooperation with FAW Group is beneficial to the development of Baiteng. FAW Group respects Baiteng's internal corporate governance and fully supports its independent operation. However, the "intervention and control of Baiteng by FAW Group" mentioned in the relevant foreign media reports has no basis. He thought that Bi Fukang's remarks were untrue and misleading, and expressed disappointment.

At the same time, Bi Fukang also formally responded to the incident and apologized on Weibo in both Chinese and English.

In a recent media exchange, some of my remarks about Baiteng caused some US media reports taken out of context, which seriously distorted the original intention and caused unnecessary impact on all related parties. I deeply apologize for this. " At the same time, he also said that as the co-founder and former CEO of Baiteng, he is full of respect for Baiteng and is very grateful to FAW for its great support and contribution at the critical moment.

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