Jul 22, 2021 12:11 PM (GMT+8) · EqualOcean
Faraday's future filing with the U.S. Securities and Futures Commission on July 15 shows that cornerstone investors originally scheduled to invest $175 million will not take a stake in FF. The investor is "a first tier city". Many parties confirmed that the city is Zhuhai, Guangdong Province. Previously, it was reported in the market that Zhuhai SASAC co ordinated the investment of Gree Group and HUAFA group. A person with state-owned assets background told reporters that the state-owned assets company mentioned above only contacted and communicated with FF, but did not take any actual action.