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sanyan technology reported on october 3 that faraday future intelligent electric inc. (nasdaq: ffie) ("faraday future", "ff" or the "company"), a global shared smart electric mobility ecosystem company headquartered in california, usa, announced today announced that the company’s global ceo matthias aydt and founder, chief product and user ecosystem officer jia yueting have increased their stock holdings in september, totaling 10,455 class a common shares worth us$35,799 (matthias purchased 5,313 shares, valued at $18,192; jia yueting purchased 5,142 shares valued at $17,606).

(picture source faradayfuture official weibo)

the stock purchase was made pursuant to the previously disclosed salary deduction and stock purchase agreement. both matthias aydt and jia yueting have previously informed the company that they will use most of their basic salaries to purchase the company's common shares every half month from september to november, and may extend to longer periods. additionally, purchased shares cannot be resold within 180 days.