According to the Securities Times, Jia Yueting and Evergrande's 'Honeymoon Period' ended with a dispute. It is reported that the FF91 mass production has stalled. In this regard, Faraday said that the project is still in progress.
Faraday's future reply media said that the company's research and development and key projects of the factory are still advancing, but the dispute between Faraday and Evergrande is currently in dispute. Currently, Faraday has no more information to announce.
Earlier, there were rumors that due to 'Hengda refused to pay in advance', the FF91 mass production was blocked, and the factory was in a standstill. At present, the relevant parties are awaiting the arbitration result of the dispute, and the arbitration result is expected to be released in the near future.
After Jia Yueting and Evergrande exposed the dispute, LeTV's share price has now fallen by 30%. At the same time, some of LeTV's shares held by Jia Yueting have been judicially disposed of to repay debts.