Leshi proposed renaming itself “New Le Shi Information & Technology” in September.Its parent company LeEco first ran into financial strife at the end of 2016, suffering from a severe capital crunch which founder Jia Yueting admitted had been caused by an over-aggressive expansion plan.

Former Leshi IPO committee members detained over troubled video content firm’s 2010 fundraising

Xie Zhongping and Sun Xiaobo – lawyers previously hired by the China Securities Regulatory Commission to review and approve IPOs on the start-up board ChiNext – believed to be under investigation

Topic |   LeEco

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Leshi proposed renaming itself “New Le Shi Information & Technology” in September.Its parent company LeEco first ran into financial strife at the end of 2016, suffering from a severe capital crunch which founder Jia Yueting admitted had been caused by an over-aggressive expansion plan.
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