FF initiates the spin-off listing of Crypto Flywheel New Company will have independent financing and operations.

FF announced that, according to the overall strategic plan, the company is actively planning to separate and publicly list its Crypto&C10 and encryption-related assets and businesses. The company will officially disclose detailed information at the upcoming 919 conference. This spin-off listing plan will create two independent listing systems - FFAI and its new company focusing on the Crypto flywheel - both operating independently but able to form strategic synergies. This spin-off plan will become a new pivot point for the company's strategy, potentially bringing significant incremental value to FF and its shareholders.