At the end of June, Hengda Health, a Hong Kong-listed company of Evergrande, announced that it would acquire Hong Kong Shiying Company for HK$6,676.7 million. The only asset of Hong Kong Shiying Company is 45% of the new FF Holdings.
Evergrande will appoint the vice chairman of the board of directors, and Xia Haijun, the president of the group, will serve as the chairman of Smart King. The 45% share of the new company held by Evergrande is 1:1 voting rights, while the original FF shareholders holding 33% of the shares vote for 1:10. Right (1 share represents 10 shares of voting rights).
Today, when Hengda Xujiayin and other inspections of FF headquarters, the position of Evergrande Group President Xia Haijun has been changed to the president of Evergrande Group and the chairman of FF. Jia Yueting is the founder and global CEO of FF.
It is understood that Xu Jiayin and others have conducted detailed research and experience on the core R&D departments of FF headquarters manufacturing, electrical laboratory, powertrain, battery electronic control, design studio, vehicle safety, vehicle networking, and autopilot. FF's first high-end model FF91.