In this interview, Jiayue Ting denied the rumors of a music fraud on the Shanghai TV market, saying that 'Lotto IPO is 100% fake.'
To clarify the relationship between Music Watch and the Commission's issuance examination committee 'someone being investigated', 'they were not arrested for music videos but for music users.
Asked about his stay in the United States, he said he would not return home to keep the FF Faraday car, which has personally invested nearly $ 1 billion, and actually admitted that he would not be detached from the quagmire of debt until domestic debt disputes were solved once he returned to China.
Although it was an exclusive interview, the report itself was a dialogue and did not show evidence of repatriation in the United States, but he also said that 'the greatest reflection is aggressiveness and unfamiliarity with capital operation.'

As a friend familiar with LeTV knows, in the early years LeTV was known for its various conference marketing and promotion. Its typical is the slogan of "Ecology", behind which is a radical expansion strategy.
To put it simply, other emerging businesses (sports, cell phones) are driven by a mature business (music watch, TV). Even if new businesses suffer losses, they can divert money from mature businesses to maintain the integrity of the entire music system.
This kind of related party transactions that resulted in the "unjust enrichment of the Western Wall" has repeatedly accumulated and utilized the revenue data brought by the financial leverage to create a scene in which the scale of an enterprise is expanding.
According to Sohu's financial statistics, since the listing of LeTV in the past seven years, Jia Youting has at least 48.841 billion yuan cash from LeTV Corporation through various cash, pledge of stock rights and capital increase. Coupled with the profit of his wife and sister, Nearly 55 billion yuan.
FT Chinese columnist Zhou Treasurer has written an analysis of music videos, said the music mode has changed from the so-called 'ecological' mode to 'Texas Hold'em mode.
This form of ALL IN (betting all the chips, replaced by Jiayue Ting words is 'suffocating for a dream'), in fact, has gone beyond a certain probability of gambling, the risk is enormous.
Late last year, as the music chain rupture, Sun Hongbin incoming, Jiayue Ting abroad, the dealer debt recovery, the agency cut the valuation, IPO was questioned fraud, the chain reaction, Jiayue Ting's dream of making cars as his last rollover ALL IN .
The face of music as a non-listed system problems, the domestic plunged into a credit crisis, the United States FF founding team have been leaving, Jia Youting situation is not optimistic about the external FF investment is related to domestic capital outflows, FF bankruptcy rumors and other issues to be further clarified .
When suffocating for a dream is cast as a vote of no confidence by the public opinion, it will be very hard to pass another sentence of 'going abroad.' The future of Jia Yunting is still a gamble.
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