USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Companies

Leshi appoints new chairman

By Ma Si | chinadaily.com.cn | Updated: 2017-07-22 11:08

Leshi appoints new chairman

Sun Hongbin, chairman of Chinese property developer Sunac China Holdings. [Photo/ce.cn]

Sun Hongbin, chairman of Chinese property developer Sunac China Holdings, was voted in as the chairman of Leshi Internet Information and Technology Corp on Friday.

Sunac, along with other investors, poured 16.8 billion yuan ($2.5 billion) into LeEco, the parent company of Leshi, at the beginning of 2017.

However, the new appointment has come as LeEco continues to struggle with a cash crunch.

Liang Jun, who has been in charge of LeEco's smart TV business, will now stand as the legal representative of Leshi.

Jia Yueting, founder of LeEco, resigned all his positions at Leshi earlier this month after having a majority of his shares in Leshi frozen by a local court due to unpaid debt.

 

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US