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Jia Yueting sued Letv Holdings, which owns 92.07% of his shares.

Shulou Source: shulou.com Published: 2023-11-24 11:30:20 10月03日 Update

CTOnews.com, November 2 news, recently, Letv Holdings (Beijing) Co., Ltd. added a court notice, the plaintiff is Jia Yueting, etc., the cause of the case is a loan contract dispute, the case will be heard in the Shanxi Provincial higher people's Court on November 29.

Letv Holdings (Beijing) Co., Ltd. was established in 2011. located in Beijing, it is an enterprise mainly engaged in business and service industry. the legal representative is Wu Meng, the registered capital is 1 billion yuan, and Jia Yueting's shareholding is 92.07%. At present, the total amount of the enterprise is about 2.758 billion yuan.

CTOnews.com learned that the Beijing No. 1 Intermediate people's Court held a public auction of 908 trademarks owned by Letv Holdings (Beijing) Co., Ltd. on JD.com 's online judicial auction platform from October 10 to 11, but ended in a failed auction because there was no bid.

On the evening of September 26, FF Faraday issued a future announcement, announcing that it had reached a final agreement with FF Top, a major shareholder of the company, on financing and board restructuring. The current executive chairman Sue Swenson and the former chairman (current director) Brian Krolicki will take the blame and resign. Jia Yueting and a team of partners regained control of FF.

Jia Yueting said on Weibo that "this is another major inflection point for FF" and will "make every effort to sprint the mass production delivery of FF 91 Futurist". Faraday plans to complete the testing, verification and certification of FF 91 electric vehicles in the fourth quarter of this year, and begin mass production. After the restructuring, in 8murk filings with the Securities and Exchange Commission (SEC), the company made it clear that it did not expect to start delivering its first electric car, the FF 91, in the third or fourth quarter of 2022.

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