LeEco appoints new Chairman from property developer Sunac
Cash-strapped technology group LeEco's main publicly listed arm Leshi has said Sun Hongbin from property developer Sunac China will take over as Chairman from Founder Jia Yueting. Sun is also the Chairman of Sunac, which invested over â¹14,000 crore in LeEco earlier this year. Jia will focus on LeEco's electric vehicles partner Faraday Future in the US. 