Lewei Internet Investment Management (Beijing)

Liu Yanfeng serves as the manager, director, and financial officer, holding the operational authority for the firm. All equity traces to Zhixin Yunwang Enterprise Management (Tianjin) Co., Ltd., the parent entity. Founder Jia Yueting is no longer involved in day-to-day Beijing operations, having relocated to the United States following LeEco's 2017 debt crisis.

Lewei and Faraday Future share a common founder in Jia Yueting, but they are structurally distinct. Faraday Future is a US-headquartered electric-vehicle company with separate corporate registration and investor base. Lewei operates as a domestically registered Chinese investment-management firm tied to the LeEco group's media and internet businesses. LeEco's 2017 liquidity crisis affected both entities, though Faraday Future has since pursued SPAC-listing and production milestones independently.

No public record indicates active new investments following LeEco's financial crisis in 2017. The parent company's liquidity crunch and subsequent debt-restructuring efforts froze the venture arm's deployment. The Lerong Building in Beijing represents a remaining physical asset, but the firm's investment activity appears dormant.

During its active period, Lewei invested across the full venture spectrum — seed, start-up, early stage, and expansion or late-stage rounds. As a corporate venture arm, it prioritized strategic alignment with LeEco's ecosystem, which included smart TVs, content platforms, and electric vehicles, rather than pure financial-return targets.

No. Lewei is a wholly owned subsidiary of Zhixin Yunwang Enterprise Management (Tianjin) Co., Ltd., making it a captive corporate venture-capital vehicle. It never raised third-party funds or operated with external limited partners, distinguishing its governance from independent Chinese venture firms.