Jia Yueting declared bankruptcy, involving a debt of 70 billion, what will happen to the chain react

This will affect a very large number of people, and everyone in this business chain will be implicated.

I think the employees of all the companies under its umbrella will be implicated, after all, if he goes bankrupt, they lose their jobs.

Because this loss is very large, it must have affected many families and caused a sensation.

After he declares bankruptcy, the industrial chain below him should have a great impact.

Because the relationship between debt is a chain of industrial chains, no matter which link is broken, it is terrible.

I feel that there will be a series of companies that will gradually lose money and go bankrupt, which is normal.

Because the current economic business is basically involved in the whole body.

It must have had a certain impact on him personally, the company, or even society.

I think maybe some of his other companies will be affected a lot.

I think this is a loss of resources for shareholders and other debtors.

Jia Yueting can be called a legend in the past few years, when the LeTV he founded can be said to be famous. But in just a few years, Jia Yueting has gone from being worth more than 100 million yuan to now having a cumulative amount of execution of 100 million, what has Jia Yueting experienced, why did he have such a large debt? This also needs to start with LeTV, which he founded.

At that time, LeTV, founded by Jia Yueting, can be said to be booming.

However, this problem is often faced behind the prosperity, but there is a problem to solve the problem. However, Jia Yueting confirmed that because he did not solve the problems of LeTV, he carried out financial fraud, and in the end, he took on more and more debts, until now 100 million. The reason why Jia Yueting continued to commit fraud was because of the helplessness of breaking the capital chain due to too much business carried out by LeTV.

Up to now, Jia Yueting and 12 related pieces of information on persons subject to execution, with a cumulative amount of more than 100 million yuan. Now how Jia Yueting pays off this debt will be a problem. In order to pay off the debt, on September 12 this year, the Yile TV held by the Jia Yueting brothers ended the public auction.

But this is only a drop in the bucket, and there must be other ways to pay off the debt. Because of this move, Jia Yueting received investment again. It also eventually led to countless people being cut leeks.

This is not? On July 22 this year, Faraday Future, founded by Jia Yueting, was listed on the NASDAQ. This is good news for Jia Yueting to pay off his debts.

The most important point is that Faraday's listing has at least eased the pressure on him to pay off his debts. Although the stock price was significantly ** after the listing, this can at least show that Jia Yueting began to have his own business. Having your own company is equivalent to having your own capital chain.

As long as the company's business continues to improve, we believe that Jia Yueting will eventually be able to repay this huge debt.

Because Jia Yueting had signed a VAM agreement with the investor before, when Jia Yueting's business failed, Jia Yueting needed to buy back a large amount of the investor's equity.

To a certain extent, when Jia Yueting was looking for investors, Jia Yueting was ready to deceive investors, so he would calmly accept these unequal VAM agreements. Jia Yueting never thought about running a business from the beginning, but wanted to make money in this way, such as Sun Hongbin of Sunac Group and Xu Jiayin of Evergrande Group, who were deceived, and many people even directly regarded Jia Yueting as the largest ** in the a**field.

1. Jia Yueting's cumulative amount of execution has exceeded 9.4 billion yuan.

There is a piece of information about Jia Yueting's execution on the Internet, and the target value of the execution this time is 100 million yuan. At the same time, Jia Yueting's total amount of execution has exceeded 9.4 billion yuan. After Jia Yueting's frequent failures, Jia Yueting has gone to the United States, claiming to develop new energy vehicles in the United States.

But anyone with a discerning eye knows that this is just a reason why Jia Yueting does not dare to return to China. <>

2. The reason why Jia Yueting owes debts is because of the company's business failure.

Jia Yueting was indeed smooth sailing before, and the LeTV Group he ran also had good results. But after that, because of the strategic failure of LeEco Group, Jia Yueting owed a large amount of debt. At the same time, LeEco Group's car-making business has not progressed, which has directly led to the bankruptcy and reorganization of LeTV Group.

After that, Jia Yueting was saddled with huge debts. <>

Third, this is also related to Jia Yueting's own business strategy.

To a certain extent, Jia Yueting did not think about seriously running the company from the beginning, but wanted to make money through such a way of expanding investment. For an untrustworthy entrepreneur like Jia Yueting, there are no investors in the domestic market who are willing to believe in Jia Yueting, and Jia Yueting can only choose to develop in the United States. If Jia Yueting returns to China, Jia Yueting will definitely be collected by many debtors!

Because there was a debt problem, and there was a violation, it was enforced, and there were so many debts.

Because his company is listed, he owes a lot of debts, the capital chain has been broken, and he is also trying to repay his debts.

Because he opened a company before, but the company was not doing well, he had some bad financing, which led to a lot of money owed.

The main reason is that he has been engaged in his career all these years and often fails, so he has caused such a situation.

I believe that many people once knew about LETV,And Jia Yueting, the president of LETV, was also very valuable back then,Many people are very optimistic about the platform of LETV,But it was overtaken by other ** platforms,And Jia Yueting, as the chairman, was also forced to exceed 14000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

1、Excessive investment Jia Yuting is a very ambitious person,It is true that the LETV platform has also gone very well under his leadership at the beginning,It is also very high,But suddenly the LETV network circle faced the crisis of bankruptcy。 In addition to the influence of the general environment, Jia Yueting, as the chairman, is also full of inevitable responsibilities.

First of all,Jia Yueting was too radical in his development strategy. Blindly seeking to expand market share and hoping to achieve something in various fields is a good intention. However, there is a certain law in the growth of enterprises, and Jia Yueting made the mistake of being overly radical and blindly pulling excessive investment.

2. Excessive leverage From the incident to the present, Jia Yueting, chairman of LeTV, has been stranded abroad, and his personal credit has gone bankrupt. But Jia Yueting seems to have never given up the motivation to expand LeTV's territory, and the development of the enterprise needs money, so it needs to borrow money at this time.

Until now, Jia Yueting's LeTV Holdings has many problems, the biggest problem is not the car, but the huge debt, Jia Yueting borrowed a lot of money in order to build a car. At least from the current point of view, it seems that LeTV has not made any major breakthroughs in car manufacturing, but the debt problem is already very serious.

Third, the development strategy is too aggressiveJia Yueting seems to be a risk appetite, and he has a very high tolerance for the risks faced by enterprises. When the development of LeTV was not so mature, he thought about going. Build a car,Thinking about the layout of ecological projects,Such a strategy is obviously too radical for the immature LeTV,This is also a major reason why they are going bankrupt。

Because LeEco's expansion is particularly fast and it does not seek stability, it has led to problems in the capital chain, and investors are unwilling to cooperate with him.

It is because Jia Yueting has always felt that his company still has the possibility of saving, so he has been investing in some new projects for so many years, which is why he has caused so many losses.

It's because his company is running poorly, and he also owes a lot of money, and then he doesn't pay it back within the stipulated time.

He lived a very difficult life abroad and was under a lot of pressure. Today's Jia Yueting has not seen his three children for many yearsThe "I will be responsible to the end" left behind when he left is still vivid, and the outside world has mixed reviews of his personal evaluation, and now the company he re-created is once again in everyone's attention, but it has also reached the point of precariousness, and life abroad is obviously still not so satisfactory.

LeTV Holdings (Beijing) **** has hundreds of consumption restriction orders and final case information, with a total amount of more than 10.9 billion yuan unfulfilled, and a new information on the person subject to execution this month, with an enforcement target of more than 1.65 million yuan, is an advertising contract dispute. The information also shows that LETV still has a number of pieces of information on the person subject to execution, with a total amount of more than 2.7 billion yuan.

In addition, Jia Yueting added a new case of resumption of enforcement, with an enforcement target of about 100 million yuan. So far, Boss Jia has been executed for more than 5.8 billion yuan.

There are a lot of ** reports, saying that LeTV currently has more than 400 employees, and they are all old employees who have worked for more than 5 years, they can get their wages on time every month, and the company does not owe social security. Employees are "one turnip and one pit", there is no competition and 996.

Now LETV relies on the copyright fees of film and television works such as "The Legend of Zhen Huan", the rental income of the Lay's building, and the sales of LETV products such as TVs, it is said that it can steadily obtain an income of 20 or 30 million every year, which can allow LETV employees to live a carefree life, but those ** businessmen who are owed money by LETV, I don't know how many days and nights have not slept well.

In order to raise money to build a car, Jia Yueting has raised money everywhere in recent years, and he never came back after he ran to the United States, and he also pitted LeTV, and now LeTV looks calm and peaceful inside, but in fact, it is in debt,The survival situation is not ideal, and tens of billions of sinkholes have to be replenished little by little.

After so many years, Faraday Future under Jia Yueting has also released a "quasi-mass-produced" FF91, and the production line is also under construction, and it is expected to start production in the third quarter of this year.

It took 4 years from PPT to quasi-mass production, and Boss Jia's ff91 finally entered the reservation stage, but in recent years, the rise of new car-making forces from all walks of life, the original concept of FF91 is estimated to have long lost the superiority of the year, and many investors and businessmen should have no interest in it for a long time, and they don't know what the pricing will be.

It can be seen that LETV and Boss Jia have had a headache in recent years, the former has a headache in order to repay the money, and the latter has bothered to build a car, and they are not doing very well, Xiaolei hopes that Boss Jia will hurry up and build the car, return to China as soon as possible to sell the car, and pay off all the debts owed by LeTV.

According to the announcement issued by the Beijing Third Intermediate People's Court, Jia Yueting was reinstated for execution of 100 million yuan, which means that Jia Yueting has become a complete lai. At present, Jia Yueting is living a happy life abroad, but LeTV is still struggling, and the sadness of every employee is hidden in the background that employees do not need 996. <>

Recently, Jia Yueting has been restored to the execution of 100 million yuan and LETV does not need 996 are on the hot search, the contrast between these two magical realism is really surprising, because whether it is Jia Yueting or LETV, this natural person and a legal person are alive and well. According to the idea of ordinary people, whether it is a natural person or a legal person, since he has countless debts, he should only be able to enjoy a more depressed life, who knows that Jia Yueting is doing well, and the employees of LeTV are also doing well.

1. Jia Yueting was reinstated for 100 million <>

According to the latest news updated by the Beijing Third Intermediate People's Court on a certain platform, Jia Yueting has newly restored the amount of 100 million yuan executed, which is a rather exaggerated data, and many people may not be able to earn 100 million yuan in their lifetime. At present, the cumulative amount of execution on Jia Yueting has reached 58 billion yuan, which is quite an exaggerated data, according to the current market value of A-share listed companies, many companies with a certain business do not have so much debt owed by Jia Yueting, which also shows how savage it was when LeTV raised funds at that time.

Second, Jia Yueting is living a happy life abroad: he will not return to <>China next week

According to the current state of Jia Yueting, we can see that Jia Yueting is living a happy life abroad, every time a reporter meets Jia Yueting on the street, Jia Yueting always replies to the sentence that he will return to China next week, but next week is obviously a measure word, which also leads to the fact that the day of Jia Yueting's return to China is far away. At present, LeTV seems to be living a good life, but in fact, it is living a more torturous life, which is in stark contrast to Jia Yueting's happiness abroad.

He has a good life abroad, the domestic debt execution does not seem to have any impact on him, and is busy financing cars, but in the FF91 matter, he seems to show the true colors of a dishonest person, in October last year, the American short-selling agency J Capital Research released a 28-page short report, on FF's R&D investment, production capacity, capital operation performance and the founder Jia Yueting himself made a number of doubts, that FF can not sell a car.