Core Viewpoint - LeEco founder Jia Yueting has established a second debt repayment trust to expedite the settlement of his debts in China, following a significant debt crisis that began in 2017 [4]. Group 1: Debt Repayment Trusts - The first debt repayment trust was approved by a California bankruptcy court in 2019, allowing Jia to transfer all his shares in Faraday Future (FF) into the trust [4]. - The newly established second debt repayment trust will have its first asset injected within a week, sourced from 50% of the shares obtained through FF's equity incentive and 50% of his approximately 7% stake in AIxC [4]. Group 2: Company Developments - Jia Yueting resigned as CEO of FF in 2021, and the company faced severe financial difficulties, nearly going bankrupt after its listing [4]. - In April of this year, Jia resumed his role as Co-CEO of FF, initiating efforts to restructure the company [4]. - AIxC is set to be renamed and launch a new strategy on November 20, with its listing on the NASDAQ [4].
贾跃亭成立第二个还债信托