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  Jia Yueting sent a letter of apology!

  Jia Yueting sent a letter of apology!

  Jia Yueting sent a letter of apology! 2020-07-02
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  Jia Yueting sent a long apology.

  On the afternoon of June 21, Jia Yueting posted a long message on Weibo, "to all investors: frankly communicate one problem and two major opportunities-- stock merging and share expansion to break the funding bottleneck, and promote the realization of the" subverter + founder "strategy. Apologize for the delay in the second phase of Faraday's future first model. According to Jia Yueting, first

  Stage financing doctrine doctrine ability all-out model product team time capital China expert company strategy 2023-06-22
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  Jia Yueting posted on Father's Day: FF is like my child, I am always proud

  Coinciding with Father's Day, Jia Yueting today posted on Weibo that "FF:FF is like my child, and I will always be proud of it." FF partners and I will continue to be fully engaged and lead the automotive industry to change in the direction of Internet smart electric. Happy Father's Day to all of you! " With a picture of the FF concept car In this regard, many netizens on Weibo asked Jia Yueting when he would return home. Data show that FF was founded in 2016. in October 2016, the capital chain crisis of Letv system broke out and the stock price began to fall all the way. In May 2017, Letv laid off staff and encountered debt collection from suppliers. Jia Yue two months later.

  FF 2021-06-20
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  Jia Yueting's car-building project was promoted, and it was exposed that many pre-production cars in FF91 had gone offline.

  American car company FaradayFuture (Faraday Future, referred to as FF), which has not yet achieved mass production, did not proceed smoothly until the founder Jia Yueting's personal bankruptcy restructuring plan came into effect, and recently began to release a series of news to attract the attention of investors. Well, the FF 91 pre-production car is here again. Recently, there have been media reports that more than 91 pre-production cars of FF have gone offline and will be equipped with the industry's largest head-up display (HUD). The company is committed to promoting mass production of models. Sources familiar with the matter said that despite financial difficulties, FF has been communicating.

  FF Jia Yueting 2020-10-23
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  Jia Yueting was fined 241 million!

  Leeco was fined 240.6 million yuan for financial fraud, fraudulent issuance and other illegal acts, and its controller Jia Yueting was fined 241.2 million yuan, Leeco announced on April 12. According to the investigation of the Beijing Securities Regulatory Bureau, Leeco has five violations: 1, Leeco made financial fraud from 2007 to 2016, and there are false records in its application for initial public offering and listing (hereinafter referred to as IPO) and the annual report from 2010 to 2016; 2, Leeco failed to disclose related party transactions; 3. Leeco did not disclose related party transactions.

  Jia Yueting 2021-04-13
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  Jia Yueting's loan has not been repaid, and the execution target exceeds 150 million yuan.

  Jia Yueting's loan has not been repaid, and the execution target exceeds 150 million yuan.

  Jia Yueting 2021-06-17
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  Jia Yueting: if I return to China, I will work for the creditors! Netizen: is it not easy to mix in the United States?

  Jia Yueting wrote to more than 100 creditors on November 11, saying that he was the first person in charge of Letv's ecological failure, resulting in the debt could not be repaid in time and would be in closer contact with the creditors in the future. "during his two years in the United States, paying off debts and returning home and turning FF into a business are his two major tasks." According to Jia Yueting's letter, he has repaid more than $3 billion in debt and about $3.6 billion in outstanding debt, minus the secured debt that has frozen domestic assets to be disposed of and convertible, with a net debt of about $2 billion. Jia Yueting also said in the letter that compared with the default bankruptcy liquidation, although bankruptcy restructuring is difficult.

  Jia Yueting bankruptcy reorganization 2019-11-11
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  Jia Yueting was sued by investors, claiming more than 4.5 billion yuan.

  On the evening of January 17, Shanxi Securities issued a notice saying that the holding subsidiary Zhongde Securities received a civil complaint served by the Beijing Financial Court, demanding Leeco to compensate for a total of 4.571 billion yuan in investment losses caused by its misrepresentation, and asked the other 20 defendants, including Sino-German Securities, Sino-Thai Securities, Ping an Securities and so on, to bear joint and several liability. On January 18, Shanxi Securities issued another announcement, and Sino-German Securities, a controlling subsidiary, received the "notice of filing a case" from the China Securities Regulatory Commission because the sponsor business was suspected of violating the law and regulations in Letv's non-public stock offering project. China Securities Regulatory Commission decided to file a case against Sino-German Securities. According to the data, Letv.

  FF Jia Yueting 2022-01-19
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  New progress in Jia Yueting's car construction, Faraday's future Hanford factory will be put into use.

  Today, Faraday Future Faraday will release its latest global manufacturing strategy, which mentions that the flagship FF 91 will be built at its 1.1 million-square-foot plant in Hanford, California. The infrastructure in the Hanford plant is already capable of mass production and will greatly reduce production costs and delivery time, officials said. It also said the plant has a capacity of about 10000 vehicles per year and is expected to start production within 12 months after the completion of the merger of FF and PSAC. In addition, FF teamed up with Ware Malcomb, an architectural design company, to fight.

  FF91 2021-06-16
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  Faraday's future FF gets debt financing loan, Jia Yueting promotes mass production of FF91.

  Under the leadership of Jia Yueting, the electric car start-up Faraday Future (FF) has so far failed to achieve mass production, and the financing of FF was carried out smoothly as Jia Yueting's personal bankruptcy restructuring plan took effect. On Oct. 15, FF officially announced that the company has received a $45 million debt financing loan from two major financial institutions in the United States, which is based on the expansion and extension of the 2019 advanced bridge financing loan program and will expire in October 2021. It is said that the loan will be used to support its electric vehicle FF 91 project.

  Jia Yueting 2020-10-15
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  Jia Yueting's first car, FF 91 prototype, is auctioned off.

  After many changes, the American car company FaradayFuture (Faraday Future, referred to as FF), which has still failed to achieve mass production, after the founder Jia Yueting's personal bankruptcy reorganization plan officially came into effect, the obstacles to equity financing, IPO projects and access to the Chinese market were removed, and some of the development difficulties of FF were also temporarily solved. However, there is still no effective guarantee for the mass production of funds and FF 91. Recently, the news that the prototype FF 91 has been auctioned online has attracted much attention. Foreign media reported that a number of FF 91 prototypes produced by the company in its early days will be auctioned, and the starting price has not yet been announced. ...

  FF 91 Jia Yueting 2020-08-11
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  Jia Yueting's Faraday Future will be listed as soon as possible to raise funds for mass production of FF91.

  FaradayFuture (FF), an American car company controlled by founder Jia Yueting, has failed to achieve mass production after many ticket jumps. After Jia Yueting's personal bankruptcy restructuring plan officially came into effect, the obstacles to equity financing, IPO projects and access to the Chinese market were removed, and the obstacles for FF to seek financing in the market were temporarily resolved. Recently, Faraday revealed the news of the listing again in the future, saying that the company hopes to raise $800 million to $850 million to launch FF 91. According to media sources, Faraday future CEO Bi Fukang said that Faraday plans to work with a special company in the future.

  Jia Yueting FF 2020-10-06
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  FF: the new senior joined Faraday in the future, and the FF91 interior will be shown for the first time next week

  Benedict Hartman, a former BMW executive, and Bob Kruse, a former Karma and chief technology officer of Qoros Motor, will join Faraday Future, according to an announcement on the website of Faraday Future (FF). According to the official website announcement, Bob Kruse will join FF this month as vice president of product execution (engineering and manufacturing). According to reports, before joining FF, Bob had more than 30 years of professional experience in General Motors and start-ups, and served as the chief technology officer of Karma and Qoros. After entering FF...

  The future of Faraday 2019-11-15
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  Suffocate for the dream! Faraday will be listed on Nasdaq in the future.

  On June 25th, Faraday Future (Faraday Future) officially announced that the Securities and Exchange Commission (SEC) approved the joint listing plan of Faraday Future (Faraday Future) and Property Solutions Acquisition Corp. (PSAC). It is understood that shareholders of PSAC will hold a meeting on July 20, 2021 to approve the formal merger with Faraday Future by shareholder vote. After obtaining the approval of PSAC shareholders and complying with other practices, the terms of deal.

  The future of Faraday 2021-06-26
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  Jia Yueting creditors' meeting begins, the success of bankruptcy reorganization will determine the life and death of FF.

  Jia Yueting's debt handling group posted on Weibo that Jia Yueting's creditors' meeting was officially held at FF's US headquarters. 35 creditors from 20 creditor institutions, as well as lawyers, attended the debt meeting to discuss with Jia Yueting the personal bankruptcy restructuring and the future development of FF. Jia Yueting said that the success of debt restructuring determines the life and death of FF, but also determines the interests of creditors, and hopes to vote on the adjusted restructuring plan in mid-late December to push forward the passage of the plan as soon as possible. At the meeting, Jia Yueting apologized to all creditors, saying he was confident of reaching a debt restructuring plan with creditors.

  Jia Yueting bankruptcy reorganization 2019-11-26
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  Jia Yueting: Musk is a comrade-in-arms, not an opponent

  Recently, Tesla Musk said in a post on the social platform that before Tesla got the "Tesla" trademark, Tesla used "Faraday" as the first alternative name before he got the "Tesla" trademark. In response to Musk's post, Jia Yueting, founder of FF, also commented online: we are comrades-in-arms rather than competitors in the development of human science. Let FARADAY and TESLA continue to be great in the 21st century! Salute to the adventurers who dare to promote the progress of human society and create an intelligent electric travel ecology! " As early as last month, when the city of Tesla was worth trillions of dollars, Jia Yueting also sent a message.

  Jia Yueting 2021-11-08
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  FF online canvassing: only if FF succeeds, can Jia Yueting pay off his debts.

  According to the Faraday Future official account, FF Global Partners issued a letter to the creditors of the company's founder, Mr. Jia Yueting. FF said in the letter that it is hoped that all creditors will vote in favor of the bankruptcy restructuring of Jia Yueting, founder of FF. Only if FF is a great success, can Jia Yueting achieve full or even over-payment of debts, realize his desire to fulfill his duties to creditors, and FF's dream of building a shared intelligent travel ecosystem and transforming the automobile industry. FF also stressed that FF91 is only one step away from mass production, and FF has filed nearly 1500 patent applications in the past six years.

  The future of Faraday 2020-04-23
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  Jia Yueting's FF will be investigated by American law firm again or face lawsuit.

  Only four months after listing, the future FF of Faraday under Jia Yueting has been full of twists and turns. The latest news today shows that Faraday will be investigated by American law firm or face litigation in the future. Law firm Block & Leviton is investigating whether Jia Yueting's Faraday has violated US securities laws and regulations in the future and may file a lawsuit to help investors who have suffered financial losses as a result of buying its shares, according to several media reports. On November 24 this year, Faraday released news that the company had received a warning letter from Nasdaq that it had failed to submit its Q3 financial report for 2021 on time.

  The future of Faraday 2021-12-02
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  Faraday's share price plummets in the future! Jia Yueting is in a hurry.

  On October 16th, Jia Yueting, founder of Faraday Future (FF), published an open letter to all shareholders and investors. Jia Yueting said in the open letter: "I am actually the most anxious about the serious deviation between the real value of FF and the value of the capital market.

  Company Faraday Farah Stock Price Market capitalization shareholders Trading value Stock Nass NASDAQ Duck Music Development IPO 2023-10-16
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  Jia Yueting agreed with the debt committee that creditors have the right to dispose of domestic assets.

  On February 29, Jia Yueting's debt handling team issued a statement saying that Jia Yueting had formally submitted a list of core terms of bankruptcy reorganization to the Central District Court of California, which was jointly signed by Jia Yueting and the creditors Committee after several rounds of negotiation and agreement. Jia Yueting plans to submit a new version of the disclosure statement based on the list of core terms this week and start the voting process after the court approves the disclosure letter to facilitate the completion of the restructuring as soon as possible, when FF's global financing and development will also be on the fast track. Jia Yueting made huge concessions in consultation with the debt committee, and Jia Yueting will no longer want it, according to the list of core terms of bankruptcy reorganization submitted.

  Jia Yueting Faraday Future 2020-02-29