Jia Yueting's dream of building a car is coming true? Evergrande announces to become the largest shareholder of Farah in the future
Jia Yueting's dream of building a car is coming true? Evergrande announces to become the largest shareholder of Farah in the future

Love to play computer games On June 25, it was reported that this afternoon, Evergrande Health Group announced that it had purchased 100% of the shares of Hong Kong Shiying Company at a cost of HK $6.746 billion, so it indirectly obtained 45% of the shares of Smart King, becoming the largest shareholder of Smart King.

It is reported that Smart King is the parent company of Faraday Future America and Faraday Future Hong Kong. Evergrande indirectly obtained 45% of the equity of Smart King through this acquisition, which will become the largest shareholder of Faraday in the future.

Evergrande said that Xia Haijun, Vice Chairman/President of the Board of Directors of Evergrande Group, would be appointed as Chairman of Smart King.

Xu Jiayin, Chairman of the Board of Directors of Evergrande Real Estate Group

At the first FF Global Supplier Summit held on February 14, 2018, Jia Yueting announced that the company had completed equity financing, with a scale of $1.5 billion, of which $550 million had been received at that time. In addition, he said that he would use this fund to promote the successful delivery of FF91 at the end of 2018. However, Jia Yueting did not disclose who the investor was. At that time, it was rumored that the investor was Evergrande Xu Jiayin.

At the beginning of April this year, Faraday's future affiliated company Ruichi Intelligent Automobile (Guangzhou) Co., Ltd. bought a 601 mu Class II industrial land in Nansha District, Guangzhou, with a transaction price of 364.1 million yuan. The announcement of land transfer shows that the bidder must set up a project company on this land to carry out the technology research and development of new energy vehicles and parts, product development, technology development, automobile parts manufacturing, automobile and parts sales (including online sales), automobile maintenance and technical consultation, technology development and related business training, and goods import and export business, Build a complete vehicle production base and import and export base for pure electric vehicles.

At the end of last month, a reporter from First Finance and Economics visited the land Faraday bought in Guangzhou in the future. The on-site construction personnel said that the construction of earth filling had started here since December 2017.


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