Shanghai June 29th, 2017 ZXZC-Media reported that Jia Yueting said on the meeting that funds would be invested on businesses to combine unlisted companies. Listed companies will also be focused to become an eco-system. LeAuto will accelerate the financing process to achieve vehicles’ mass production.
Jia resigned from General Manager of LETV to become the full-time Board Director. He said on interview that LETV’s A-round financing will start soon and may be accomplished in 2017. Products will be produced in the fastest way to display the true connected vehicles. Jia put auto business in the second place, second to listed companies’ system.
Media also reported at the beginning of June that Jia would take the place of LeAuto’s Board Director. He may also become Board Director of FF Global recently.