Jia Yueting: Faraday Future has no plans to increase its financial products through issuance of shares.

BlockBeats news, on September 5, Jia Yueting tweeted that Faraday Future (FFAI) has always upheld the core principle of “shareholder primacy.” The company has no intention to issue FFAI shares for treasury buybacks. If new policies require the issuance of shares for such purposes, the company will strictly comply after formal implementation. On August 17, Faraday launched the C10 Treasury, a treasury product configured based on the “C10 Index.” The first phase aims to procure a total of $500 million to $1 billion in encryption assets after obtaining necessary funding. The initial allocation amount is $30 million.