What do you think of Jia Yueting s daring to shout LeTV is either great or dead ?

Jia Yueting's experience is also a legend in the business world, from single-handedly building LeTV to selling LeTV to cash out, he has changed from a business tycoon to an old man. However, Jia Yueting's experience is not over, after founding an automobile company abroad and various financings, he once again declared bankruptcy and reorganization. Despite taking on a lot of debts and "defrauding" many investors, Jia Yueting still lives well.

According to netizens, Jia Yueting still lives in a mansion and has a lot of expenses every day, and he does not look like a debtor or bankrupt at all. And he will also pay his ex-wife regularly and give maintenance to the children. Although he has all kinds of dream-chasing auras on his body, but aside from these auras, he is like a **.

1, single-handedly built LETV Jia Yueting's life experience is relatively rich, in the early days, he worked in the tax bureau and served as a network technical administrator, which is also the fundamental reason why everyone calls him an accountant. In 1996, he officially founded Excellence Company, in 2002, he founded Sibel Communication Technology, and then in 2004, he founded LeTV. With the development of LETV, LETV Pictures was launched and became one of the domestic TV giants.

Later, Jia Yueting was powerful and expanded the industry to the direction of mobile phones. It was also from this time that Jia Yueting began to decline, although he acquired Coolpad during the period, but in 2017, the company was taken over by real estate tycoons. Jia Yueting himself announced that he was unable to repay the interest-free loan and fulfill the promise to increase his holdings, and became a complete old man.

Having said that, Jia Yueting cashed out tens of billions of dollars and made full preparations for building an automobile company for himself.

2. From the beginning of car manufacturing to bankruptcy and reorganization, although the shares were frozen and he still owed many debts, Jia Yueting himself was not short of money. His own worth, to say the least, is tens of billions. So he went to the United States and founded FF Motors, also known as Faraday Future.

However, the company mixed very poorly, and Evergrande Financing broke up peacefully and filed for bankruptcy reorganization in 2019. At this time, the investor was shaken by Jia Yueting again, and netizens called him **.

However, judging from the news on the Internet, Jia Yueting's life is not bad, and he still lives a rich life. After divorcing his ex-wife, he directly transferred $510,000 as living expenses, and still continues to pay child support. True or false divorce, there are also various speculations.

3. The current Jia Yueting is now Jia Yueting, although he has no reputation, he is still insisting on his "car dream". In the eyes of some, his story is still very inspiring. On Father's Day 2021, he also announced plans for FF Motors.

He is still proud to say that the car company will always be his own child. I don't know what this sentence will think in the eyes of creditors.

In addition, according to FF's development plan, Jia Yueting's factory in Hanford, California, can already mass-produce cars, with a capacity of 10,000 vehicles per year. In other words, Jia Yueting is still a boss and is still making cars.

Now he is burdened with a large amount of debt, whether it is an individual or a company, it has gone bankrupt, but there are still many shareholders who believe in him and believe that he can make a comeback.

He is still developing very well abroad, and he is also fighting some lawsuits, wanting to have a better development in China.

I saw a truth in him, the more money you owe, the more you are, the more uncle, no one dares to mess with him.

is still active in the entertainment industry, and there are many works, which are very popular and have a lot of fans.

LeTV and Jia Yueting and others have 5 illegal facts:

Due to LeTV's financial fraud from 2007 to 2016, there were false records in the documents related to its application for initial public offering** and listing and its annual reports from 2010 to 2016;

LeTV failed to disclose related party transactions as required; LeTV did not disclose the provision of guarantees for LeTV Holdings and other companies;

LeTV did not truthfully disclose the performance of Jia Moufang and Jia Yueting in their loan commitments to listed companies; LeTV's 2016 non-public offering** constituted a fraudulent issuance.

On the evening of April 12, 2021, LETV, which has been delisted from A-shares, issued an announcement in the national stock transfer system saying that it received an administrative penalty decision from the Beijing Securities Regulatory Bureau on the same day, due to financial fraud, fraudulent issuance and other illegal acts, LETV was fined 100 million yuan, and Jia Yueting, the actual controller of LETV, was fined 100 million yuan.

On August 29, 2019, FF spoke highly of Jia Yueting's contribution in a statement: The Internet ecological model created by Mr. Jia Yueting, the founder and CEO of FF ten years ago, is still crucial to the long-term development of FF.

Mr. Jia Yueting's visionary vision and strategic foresight have given FF the genes of change; His layout in business model innovation has also laid the foundation for FF's differentiated competitiveness; At the same time, it will continue to promote FF to achieve long-term strategic goals in the field of product technology innovation and user ecological innovation.

Chinese name: Jia Yueting Nationality: Chinese Nationality: Han Nationality Place of Birth: Xiangfen County, Shanxi Province Date of Birth: Year, Month and Day.

In recent days, Lewang Xiaowei TV has been hyped again,Up to now,LETV network3It has won 71 daily limits on the old third board,Lucky if you are sleepy, you are in **,Shengqiao has now exceeded 10 times the income,This income can be described as a full bowl。

Last month, we all knew that Boss Jia's FF was officially listed on the NASDAQ in the United States, but at this time, the company had no much connection with Jia Yueting, because he repaid the debts he owed with FF's equity. Jia Yueting said quite confidently, "It is necessary", which undoubtedly added a little firewood to LeTV.

So what else does LeTV have to do with Jia Yueting?

Since falling into a debt crisis,Jia Yueting still holds 100 million shares of LETV,It will be auctioned on September 11th,At present, this time is less than a month,And this auction of LETV's ** shares,Although it is a relatively large discount,But no one cares。

This time, the stock price of LeTV has risen,It also gives Jia Yueting greater capital,As the best of us,Let's move a small bench,Be a melon-eating masses,Don't ask the brokerage how to open the third board。

As the former leader of the film and television app, LeTV was unlimited, but it was bankrupt for a while. Subsequently, Jia Yueting, the ruler of LeTV, threw down the thorny mess of bankrupt LeEco and went to the United States to start the car manufacturing industry. According to relevant reports, Jia Yueting, as the founder, created the FF electric car overseas is about to land in the capital market in the near future, and the crazy rise of LETV is likely to be related to Jia Yueting's FF electric vehicle.

And through this crazy rise, Jia Yueting has paid off all the debts of 21.8 billion yuan owed by LeTV by selling assets. Judging from the current market, Jia Yueting's recent situation will not be bad, and the FF electric car he created will bring him a lot of benefits. <>

When Jia Yueting was still bent on realizing his dream of building a car in the United States, many of his friends persuaded him to give up FF, sell his equity and then apply for bankruptcy liquidation, "hide" in the United States, and stop caring about the endgame of LeTV, but Jia Yueting didn't think about doing it at all, he thought it was pointless to give up and escape, this was not something he would choose to do. Jia Yueting also posted an open letter on Weibo "Working and starting a business, restarting my life, with my past, gratitude and commitment", he regarded this letter as a promise to those shareholders who supported LETV back then, and are still trapped by LETV. <>

Jia Yueting said in the letter that the shareholders who suffered a lot of losses because of the delisting of LeTV would like to apologize most sincerely, and after obtaining the approval of the creditor committee, he will reserve no more than 10% of the proportion in the creditor trust, which will be used as compensation for the shareholders who supported LeTV that year. Please give him a little more time, and Jia Yueting will definitely implement his promise after completing the relevant legal procedures. <>

Jia Yueting's sincerity and attitude of not choosing to hide in the United States to escape reality in the face of trouble doomed him to success in the future, as long as he has a good attitude, then he will definitely succeed. I believe that Jia Yueting will definitely continue to develop with LeTV and the FF car he founded. And if the FF electric car is put into mass production, it will be the moment when Jia Yueting returns to the top.

Jia Yueting's situation is of course very good, after all, he is a relatively talented person, and he can live well no matter what position he is in.

The situation should be said to be very good, because a new project he created has received investment from the national team, and the prospects are relatively optimistic.

Now Jia Yueting is still the largest shareholder and actual controller of the listed company, and his part of the ** is used to release the mortgage and repay the debt. The recent situation is considerable.

Jia Yueting still did not return to China. He transferred his property abroad early, and he didn't care about the plight of domestic investors, and he lived well abroad. And he has not given up on his dream of building a car, and the project is still ongoing.

Personally, I think Jia Yueting's situation should be relatively good now, although he has been abroad now, he has been looking for a solution to the problem.

Founded in 2004, LETV has gone through the whole process from a cutting-edge enterprise in China's Internet industry to a leading enterprise and then to the collapse of LETV Building. LeEco has attracted the attention of the industry because it was the first to put forward the concept of "ecology" in China's Internet industry, and was once rated as a "national high-tech enterprise qualification". On August 12, 2010, LeTV was listed on the Growth Enterprise Market (GEM), which was the first IPO listed company in the industry and the first company with the first concept of China's A-shares.

In 2013, LeTV was listed in the top 50 potential enterprises on the Forbes list; In 2014, the total revenue of its whole ecological business was close to 10 billion yuan. LeTV's share price also peaked between 2014 and 2015, with a total market capitalization of more than 170 billion yuan.

However, the turning point came at the end of 2016, and the rupture of the capital chain quickly brought LeTV's business to a halt, but Jia Yueting thought that he could survive the difficulties and proposed a self-salary cut. But since then, LeTV's hole has become bigger and bigger. Until the beginning of 2017, Sun Hongbin's capital injection of more than 10 billion yuan made the outside world think that LeTV could come back to life.

But what came out later was that Sun Hongbin's investment was mainly used to repay debts, and there was no substantial promotion of LeTV's business operations. What's more critical is that Jia Yueting chose to fly to the United States at this time and has not returned yet.

LeTV is dead, and if it can have an epitaph, it would be something like this: Born not great enough, I'm sorry. Since the end of 2016, the first financial crisis broke out, and LeTV, which had been in debt for several years and the former chairman had left overseas, was finally delisted.

In just four or five years, the market value of 170 billion yuan at its peak has been reduced to nothingness.

LETV, which once had seven sub-ecosystems such as LETV **, LETV Zhixin, LETV Cloud Computing, and LETV Sports, finally came to an end with an official document from the Shenzhen Stock Exchange, and Jia Yueting, the real founder of this capital empire, is still "not returning to China".

Some people sighed and gained a memory, but the shareholders who had lost their money never wanted to end, some people were still defending their rights, some people suddenly woke up from a dream, and some people finally admitted in person, "Jia Yueting turned out to be really **". From the perspective of stock price performance, LETV went public in 2010 all the way, and by 2015, the stock price once reached 179 yuan, with a market value of more than 152.6 billion yuan. Today, its stock price is only yuan, and its market value is less than 10 billion.

This reminds investors not to be carried away by market speculation, and the importance of risk management and control and the performance support of listed companies are more important.

I don't know much, but the original LeTV has a lot of business, and even started making mobile phones. I also used to use LeEco's mobile phone.

There are not many places to know, I only know that LETV was indeed a very good platform at that time, and the TV series in it are very high-quality.