China's Leshi seeks equity stakes in shareholder Jia Yueting's car businesses

A Faraday Future FF 91 electric car is displayed on stage during an unveiling event at CES in Las Vegas, Nevada January 3, 2017. REUTERS/Steve Marcus

China’s Leshi Internet Information & Technology said on Tuesday it is seeking equity stakes in the car businesses of its largest shareholder Jia Yueting for the debts they owe.

Leshi told an investor briefing it was trying to resolve debt owed by Jia and his companies by seeking equity stakes in his businesses, including Faraday Future, Lucid and LeSEE.

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