Magazine article Screen International

LeEco Chief Jia Yueting Defies Order to Return to China

Magazine article Screen International

LeEco Chief Jia Yueting Defies Order to Return to China

Article excerpt

LeEco owns Le Vision Pictures, which has invested in The Great Wall and Gods Of Egypt.

Jia Yueting, the founder of Chinese technology firm LeEco, has not returned to China before the end of 2017, despite being ordered to do so by Chinese financial regulators.

According to Chinese press reports, Jia has defied the December 31 deadline, set by the China Securities Regulatory Commission (CSRC), to return to China to deal with financial problems at LeEco’s Shenzhen-listed subsidiary Leshi Internet Information & Technology Co.

Jia’s wife Gan Wei posted on her Weibo social media account on Sunday (December 31) that she had returned to China “with a mission” and tagged her location as Beijing Capital International Airport. …

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