At the same time, we sincerely welcome Ms. Zhao, the founder of Titanium Media, to visit the United States and inspect the operation of FF on the spot. No investigation, no right to speak. I hope that what Ms. Zhao and the titanium media see will speak with facts.
In view of the information released by titanium media, after our internal investigation, we hereby add the following statement:
1. We have not found any resolution or authorization to approve the financing document, including Mr. Jia Yueting, the founder and chairman of the company, the board of directors and the management of the company, and our company has not entrusted any investment intermediary to provide services or consultation in writing or orally on the bankruptcy reorganization loan mentioned in the financing document.
Second, the "golden cicada shelling plan" fabricated by titanium media based on the disclosure of financing documents is false. Titanium media said that "FF can protect itself through Chapter 1 1 of the United States Bankruptcy Law, and finally make the new investor become the new actual controller of the enterprise", and the article said that "according to the financing plan, the new investor will finally hold 85% of the company's shares with an investment of 1500 million dollars, and the creditors and the team will hold 15%. In addition, a screenshot of a page of financing documents published by Titanium Media shows that "the company may need to declare bankruptcy and reorganization in mid-August, 2065438 1 1, during which it cannot obtain new financing; For a single investor or a portfolio of investors, this is obviously a good opportunity to control the company's business with the support of the existing company management. "
FF is a platform that Mr. Jia Yueting strives to build and is committed to building intelligent electric vehicles on the Internet. The company's shareholders and core management never wavered from the company's dream and mission. Up to now, FF has actually invested nearly $654.38 billion, has valuable tangible assets and accumulated a large number of core patented technologies. If the result of FF's application for bankruptcy reorganization loan mentioned in the financing documents will cause the existing shareholders of the company to lose their shares without any investment income, hinder the company's normal A-round equity financing and operating loans, thus harming the interests of the company's lenders, suppliers and employees, and failing to obtain the approval of the company's shareholders, board of directors and management, why is there a "golden cicada shelling plan"?
The untrue contents reported by titanium media include but are not limited to the above contents.
Third, in order to better accept media supervision and investigation, FF officially launched the "FF Open Season" plan with an open attitude, and welcomed all media, investors, suppliers, FF 9/KLOC-0 subscribers and employees' families who were concerned about FF to visit FF, so as to truly understand the whole picture of a new leading automobile manufacturing enterprise with complete intelligent Internet electric vehicle forward development capability and world-class team, products and core technical capabilities.