On November 19, Jia Yueting, the visionary founder of FF (Faraday Future), took to a social media platform to announce the formal establishment and execution of a second creditor trust, which he had voluntarily initiated. The core objective of this trust is to leverage newly acquired assets to expedite the settlement of domestic guaranteed debts and pave the way for his early return to China.

The trust's assets are primarily sourced from two key areas: Firstly, it encompasses 50% of the 'Shareholder and Investor First' equity incentive shares that FF has bestowed upon Jia Yueting. Secondly, it includes 50% of roughly a 7% stake in the NASDAQ-listed entity AIXC, a company in which Jia Yueting has made strategic investments.

Jia Yueting clarified that the remaining 50% of these shares will be strategically reinvested in FF, with the dual aim of bolstering the company's growth trajectory and accelerating the debt repayment process. He underscored that fulfilling debt obligations transcends mere legal compliance; it is a profound moral duty and a steadfast conviction. Jia Yueting pledged to exert every ounce of effort to ensure the triumph of both FF and AIXC, thereby enabling domestic creditors to reap substantial rewards at the earliest possible juncture.