On March 2, FF announced that, following approval by the FF Board of Directors, Mr. Jia Yueting will, together with Global CEO Mr. Chen Xuefeng, report directly to the Board of Directors.
Adam He, Chairman of the FFIE Board of Directors, stated: "Restoring Mr. Jia Yueting, the company's founder and CEO, to his Section 16 officer and executive officer status is a highly appropriate decision made by the Board."
Earlier, on March 1, FF's shareholders approved a proposal to increase the authorized share count of FFIE Class A common stock to 1.69 billion shares, a move that could help FF finally achieve mass production of its vehicles.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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