(Yicai Global) Aug. 24 -- Jia Yueting, founder of cash-strapped LeEco, has agreed for the conglomerate's financial unit to be incorporated into its listed arm, online news outlet The Paper reported on Aug. 23.

Executives at Leshi Internet Information and Technology Corp. Beijing [SHE:300104], also known as LeTV, spoke with Lexin Beijing Internet Technology Co., or LeFinance, to discuss its incorporation, the report said, but the source lacked a number of details, including the price and form of transfer.

Insiders at LeTV told The Paper they were unaware of the matter.

LeFinance, established in November last year, is one of LeEco's seven major subsidiaries along with cloud computing, content, large screens, mobile phones, vehicles, and sports. It mainly engages in online payments, online transactions and online asset management.

Jia Yueting, who recently left his posts as chairman and chief executive of the listed firm, and his elder sister Jia Yuefang are currently listed as LeFinance's actual controllers.