LeTV.com responded to the Shenzhen Stock Exchange's inquiry letter tonight, saying that it is impossible to confirm whether there is a direct or indirect relationship between the source of funds of FF and the related party loans of the company's related parties or Jiayueting's non-compliance. In addition to the announced part of the Xinle Shizhijia Capital Increase, the follow-up work is still in communication and agreement with the parties, and no agreement has been signed. The following is the full text of the reply letter:
According to Sina's report, the reporter interviewed the strategic investor “Hong Kong Shi Ying” behind Faraday's Future (FF). According to Jackie Wah, director of Shiying Company, Shi Ying and Jia Yueting set up a company. Shiying invested 2 billion US dollars, accounting for 45% of the cooperative company, and was the largest shareholder; Jia Yueting took the FF company as the price, accounting for 33%; the company's management accounted for 22%. The investment funds will be invested in the joint venture in batches, and will be used for product development and production and set up a production base in Nansha, Guangdong, China. At present, Shiying has invested 550 million US dollars in the cooperative company.
Jackie Wah said that Shiying Investment FF mainly focuses on the leading product strength of FF world. Its luxury model, the FF 91, is the first production car with a wide range of groundbreaking and subversive imaginative sports performance, artificial intelligence, extreme connectivity and a super user experience. For example, FF 91 has a maximum horsepower of 1,050 horsepower, a speed of 2.39s per 100 kilometers, and a cruising range of 700 kilometers. Many technical indicators are leading the world.
The reporter asked Jackie Wah for proof that Shi Ying’s shareholder is Hong Kong’s cryptic rich Zhao Du, and Shi Ying and Evergrande may have no direct or indirect relationship with their home.