(Original title: Jia Yueting's FF set up a sales company in Guangzhou, internal letter said it will fully land in China) LeTV founder Jia Yueting made new progress in his domestic carmaking plan. On May 12th, a reporter from the Xinhua News () surveyed business and industry sources and found that Jia Yueting invested in an electric vehicle company Faraday Future (FF, Faraday Future), an established affiliate in China Ruichi Smart Car (Guangzhou) Co., Ltd., on May 9 Sunrise Capital established Ruichi Automobile Sales (Guangzhou) Co., Ltd. with a registered capital of 50 million yuan and legal representative Wang Zhigang. Sales company's specific business scope is: automotive sales; auto parts and components wholesale; auto parts retail; auto retail; trade agency; international freight forwarding; import and export of goods (except franchise control of goods); technology import and export; Approved projects can only be carried out after the approval of relevant departments). On April 8th this year, FF affiliate Rui Chi Smart Motors (Guangzhou) Co., Ltd. photographed the Wanqingsha Bonded Port Processing and Manufacturing Block in Nansha District of Guangzhou for a price of 364.1 million yuan. The planned land use is for automobile manufacturing. According to the introduction of FF, FF affiliate Ruichi Motor’s purchase of land in Nansha, Guangzhou is actually one of the concrete implementation steps for Jia Yueting to introduce “FF technology, products, and intellectual property into the country to help transform and upgrade the national auto industry strategyâ€. The layout of FF affiliate Rui Chi Motors in China Since the establishment of Ruiqi Automobile, its operations have been frequent. In China, four wholly-owned subsidiaries have been established, including Ruichi Automotive Technology (Guangzhou) Co., Ltd., which was established on March 23, with a registered capital of RMB 20 million. The registered address is Ruixin. With the same intelligence, at Nansha Financial Building, No. 171 Haibin Road, this building belongs to Guangzhou Nansha Asset Management Co., Ltd. under the management committee of Guangzhou Nansha Economic and Technological Development Zone. And on April 23, Ruiru Auto (Beijing) Co., Ltd. was established with a registered capital of 10 million yuan. The registered address is 002, No. 7, Jiuxianqiao North Road, Chaoyang District, Beijing, which is LeTV Beijing Office. Also on April 27th, Rui Chi Smart Car (Guangzhou) Co., Ltd. invested in Shanghai to establish Shanghai Jubilee Automotive Technology Co., Ltd., legal representative is still Wang Zhigang, registered capital of 10 million yuan, registered address in Anting, Jiading District, Shanghai No. 2, Lane 2, Lane 56, Zhen'an Road, which is the seat of LeTV Shanghai office. The newly established Ruichi Automobile Sales (Guangzhou) Co., Ltd., registered address is No. 106 Fengze East Road, Nansha District, Guangzhou. The map shows that this is the Nansha City Investment Building, which belongs to Guangzhou Nansha City Construction Investment Co., Ltd. It is the land development center of Nansha Development Zone. At the end of April, during an on-site visit to Nansha, Handan News learned from the official authorities of Nansha that the 601 acres of land that Ruichi Company photographed in Nansha will be used to invest in the construction of a research and production base for pure electric vehicles. At that time, the official authorities of Nansha responded to a report by the Xinhua News Agency: “New energy vehicles are the key areas for development in the current Nansha District, and the related departments of our region have invested in the above-mentioned pure electric vehicle projects in terms of investment planning, risk assessment, economic measurement, and land use. The project was conducted and the project was reviewed in strict accordance with the decision-making procedures for investment promotion in our region. At present, our district is actively promoting this project and relevant progress will be disclosed in a timely manner." At present, FF, led by Jia Yueting, is pushing forward the production of the first production model FF91. According to the plan, this vehicle needs to be mass-produced and delivered before the end of this year. On May 11, FF established a four-year internal letter outflow. According to Tencent, this FF letter was sent from the CEO Office. FF's CEO is Leighton's founder, Jia Yueting. According to the full staff, the FF team has recently joined talents from companies such as Ford and Tesla. They are responsible for key areas such as finance and IT. FF’s factory in Hanford, California, has launched large-scale local production and technical support. Staff recruitment will usher in the formal construction of the Hanford plant and the installation of the first production equipment. According to the full staff letter, FF will also fully land in China, and the FF China headquarters will also be landed in Guangzhou. The Guangzhou plant will start construction as scheduled. Regarding the above internal letter statement, the FF public relations department responded to the news and declined to comment.
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