LeEco's Jia resigns as Leshi chairman, takes up car unit post

HONG KONG (Reuters) - LeEco founder Jia Yueting has resigned as chairman of its main listed unit, Leshi Internet Information & Technology Corp, and will take up the chairman role at LeEco's car unit, the company said.

Jia no longer holds any post at Leshi, the Shenzhen-listed company said in a filing after market close on Thursday. Jia remains its controlling shareholder, it said.

Jia will take up the role of chairman of LeEco's car business, LeEco announced via the official WeChat account of its electric car brand LeSEE.

Jia's role changes come after he issued a public statement where he pledged to take responsibility for LeEco's financial troubles and stressed his commitment to its car business.

He resigned from the role of CEO at Leshi in May.

(This version of the story corrects to read May, paragraph 5)

(Reporting by Sijia Jiang; editing by Jason Neely)

Related News

France's financial prosecutor says no decision made on Fillon

Feb 12, 2017

US-FRANCE-ELECTION-FILLON:France's financial prosecutor says no decision made on Fillon

Fed puts more emphasis on commercial real estate in 2017 stress test

Feb 3, 2017

US-USA-FED-STRESS:Fed puts more emphasis on commercial real estate in 2017 stress test

Sibanye may raise up to $1.3 billion in equity for Stillwater deal

Feb 3, 2017

US-STILLWATER-MINNG-M-A-SIBANYE-GOLD:Sibanye may raise up to $1.3 billion in equity for Stillwater deal

You may also like these

France's financial prosecutor says no decision made on Fillon

Feb 12, 2017

US-FRANCE-ELECTION-FILLON:France's financial prosecutor says no decision made on Fillon

Fed puts more emphasis on commercial real estate in 2017 stress test

Feb 3, 2017

US-USA-FED-STRESS:Fed puts more emphasis on commercial real estate in 2017 stress test

Sibanye may raise up to $1.3 billion in equity for Stillwater deal

Feb 3, 2017

US-STILLWATER-MINNG-M-A-SIBANYE-GOLD:Sibanye may raise up to $1.3 billion in equity for Stillwater deal

Search
Financial Markets

Trending News

About Us

Business Vantage Views is a dedicated online news network that brings to you the latest state of business and finance so that you can make the best judgment on investment and future planning.

Contact us: sales@businessvantagev.com