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

Fed rate hikes could spell end to global easing

Mar 16, 2017

US-GLOBAL-ECONOMY:Fed rate hikes could spell end to global easing

Exxon to sell its Norway-operated oilfields

Mar 29, 2017

US-EXXON-MOBIL-NORWAY:Exxon to sell its Norway-operated oilfields

U.S. secretary of state says China should put more pressure on North Korea

Jun 5, 2017

US-USA-ASIA:U.S. secretary of state says China should put more pressure on North Korea

Must Read

Fed rate hikes could spell end to global easing

Mar 16, 2017

US-GLOBAL-ECONOMY:Fed rate hikes could spell end to global easing

Exxon to sell its Norway-operated oilfields

Mar 29, 2017

US-EXXON-MOBIL-NORWAY:Exxon to sell its Norway-operated oilfields

U.S. secretary of state says China should put more pressure on North Korea

Jun 5, 2017

US-USA-ASIA:U.S. secretary of state says China should put more pressure on North Korea

Search
You May Need To Know

Obserworld delivers the most accurate and up-to-date world news for the global audience with a thorough research and in-depth interviews. Discover the world through Obserworld.

Contact us: sales@obserworld.com