Jiyue CEO posts long article late at night

Early this morning, Xia Yiping, CEO of Jiyue, posted a long article on his social media:

In recent days, rumors about Jiyue and myself have been flying around. I feel it is necessary to speak up and clarify the truth of some things

He said that as CEO, he has made many mistakes and deeply apologizes to employees, car owners, suppliers, and even shareholders. He said that first of all, he did not run away, and it was his lifelong passion. He always regarded himself as a true entrepreneur. When I joined Jiyue, I invested the savings I accumulated from my previous job and entrepreneurship, and even during these most difficult days, I paid out of my own pocket to protect the rights and interests of the employees who needed it the most

In addition, he admitted that as CEO, he made many mistakes. "It's all my fault," he said. "But I implore everyone not to deny the evaluation of Jiyue's innovation and product strength because of me. No matter what happens, I am proud and proud of our products." He claimed that he did not do a good job in strategy. Financing should have been the most important responsibility, but in the early stages, it was too optimistic and did not foresee the severity of the funding problem; The issue of employment is also a major lesson. In some positions, the true match between the position and the talent is overlooked; In terms of management style, excessive attention to details and micro management also suppresses the team's initiative and creativity; The obsession with marketing also takes up too much energy. As a CEO, I should have focused my main energy on financing and strategic planning, but at one point, I personally took over the marketing system, which dispersed my energy and neglected other important matters