Recently, some media broke the news that Jia Yueting intended to apply for the bankruptcy of the FF to the United States Federal Bankruptcy Court, and sold the company to other investors through bankruptcy and restructuring, and withdrew himself. At the same time, the news said that FF is more and more like a shadow company. Jia Yueting is trying hard to find a plan to sell FF cars in disguise.

Immediately afterwards, Jia Yueting’s car company, Faraday?Future China (hereinafter referred to as “FF”), responded to the news by saying that the statement was deliberately fabricated and seriously inaccurate. FF never had any plans related to this content, let alone the so-called The plan; Jia Yueting is trying hard to promote FF financing in the United States and has never considered giving up FF.

An insider of LeTV Holdings disclosed to reporters: “At present, industry media have asked third-party lawyers to verify that there is no proof of bankruptcy. At the same time, it proves that the 'financing documents' referred to in the message are completely forged.”

Jia Yueting himself forwarded the FF statement on Weibo, and issued a statement on the news: “There is also a feeling called ostentation that makes some people deeply obsessed with it.”

At the same time, Jia Yueting will face other "trouble." Recently, LeTV also renegotiated "borrowing" again, and issued an announcement saying that if Jia Yueting and Jia Yuefang did not reply within two weeks, LeTV will be deemed as no longer fulfilling their commitments. ?

Jia Yueting denied that bankruptcy is communicating financing

According to an insider of LeTV Holdings, “The FF's A-round financing project is progressing in an orderly manner. Jia Yueting has maintained communication with a number of investment institutions and investors.”

In a statement, FF China stated that the fabricated and fabricated activities were intended to undermine FF's ongoing A-round financing. In response to the terrible practices of titanium media without any verification and intentional fabrication of content for dissemination, the FF China Ministry of Justice has taken evidence and immediately instituted a prosecution.

It is understood that FF is a global Internet eco-electric vehicle company. In just over three years, it has applied for 1966 patents and FF91 production vehicles have been released.

Recently, Jia Yueting’s Weibo update has also become more frequent, and most of its published content is related to new energy vehicles, and expressed that he is optimistic about its future.

It is worth noting that on October 28, Jia Yueting released several photos on Weibo, saying that the FF Family Open Day had invited nearly a thousand employees and their families to visit the headquarters, workshops, and office areas to celebrate Halloween in advance. Jia Yueting said: “With so many partners and family members supporting, we have strengthened the FF people's determination to move forward.” Many people gathered in front of the FF company and the children disguised themselves. The atmosphere of Halloween was very strong. This seems to be inconsistent with rumors that "Jia Yueting is about to apply to the US Federal Bankruptcy Court for the bankruptcy of FF."

LeTV refinanced the loan

Do not respond to their loss of trust within two weeks

Jia Yueting was in the United States. Domestic news about him was in an endless stream, and doubts had not been broken. However, the "trouble" faced by Jia Yueting does not stop there.

Jia Yueting's established LeTV company, which is a core company of LeTV, is now asking him again for what is meant to be a good “borrow”.

On October 27th, LeTV released "Announcement on Sending Letters to Mr. Jia Yueting and Ms. Jia Yuefang" to remind Jia Yueting and Jia Yuefang to fulfill their loan commitments.

According to the announcement, Jia Yueting sent a “letter of share reduction plan” to LeTV.com on the 5th and 25th of January 2015. He promised to plan to partially reduce his holding of LeTV.com shares within six months. All loans are lent to the company as working capital. Borrowing will be used for the company's daily operations. The company can use the liquidity fund to withdraw and use it within the prescribed time limit. The borrowing period will not be less than 60 months and free of interest.

In 2015, June and November, LeTV.com and Jia Yueting signed two "Loan Contracts", promising to borrow no less than RMB 2.5 billion and RMB 3.2 billion respectively. The loan will be used for daily operations of the company. The term is not less than ten years (120 months), free of interest and used to supplement the company's working capital. The announcement stated that as of October 27, Jia Yueting’s actual loan balance to LeTV was 0 yuan.

Jia Yuefang also said that the proceeds from selling some of his music stocks were sold to the company as working capital. The announcement shows that Jia Yuefang’s actual loan balance to LeTV is 110,095,500 yuan.

In September of this year, LeTV has issued an announcement saying that it will supervise the controlling shareholders to continue to fulfill their commitments. The company’s board of directors has sent letters to Jia Yueting, reminding and demanding that they continue to fulfill their loan commitments.

However, there seems to be no clear response from Jia Yueting and Jia Yuefang.

The LeTV Announcement stated that Jia Yueting and Jia Yuefang had received a reply within two weeks after receiving this letter, and determined whether they would continue to fulfill their loan commitments. If they continue to perform, please clarify the method and time for continuing performance. If there is no reply within two weeks, LeTV will be treated as if the two people no longer continue to fulfill their commitments. ?

DO-35 Diode

Two - way trigger diode, also known as two - end ac device (DIAC), and two - way thyristor at the same time.Because of its simple structure and low price, it is often used to trigger the bidirectional thyristor, and can also constitute overvoltage protection circuits.Construction, symbol and equivalent circuit of a bidirectional trigger diode.

Also commonly used in the overvoltage protection, timing, shift equal circuit, Figure 2 is the overvoltage protection circuit composed of bidirectional trigger diode and bidirectional thyristor.When the transient voltage exceeds the DIAC and Ubo, the DIAC quickly conducts and triggers the bidirectional thyristor to also conduct, so that the following load is protected from overvoltage damage.

DO-35 diode Jpg


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