Recently, the Securities Daily reporter was informed that employees including LeTV, LeTV and LeTV were informed that the Company will operate a new equity incentive and that the promoter behind the equity incentive is the appointment of LeTV Director Sun Hongbin, a long-serving post five months earlier.
An insider close to LeTV revealed to a reporter at Securities Daily: 'LeTV is designing a plan for new equity incentives and will soon have a result.'
It is learned that the equity incentive concentrated in the new music system, the main target is the new music as the top and technical staff, and Jiayue Ting Ren Lvwang chairman of the board plan for the 'ownership of all' significant difference, but also involved thousands Employee.
At the time of LeTV's expansion, Jia Yueting, the head of the company, once implemented a full-ownership shareholding scheme (LeTV Holdings original unit) at LeTV Zhixin, etc. As Jia Yunting resigned from its position in the LeTV listing system, The original plan to implement full ownership is virtually nullified.
'The latest equity incentive plan is a long-term incentive mechanism that Sinotrust adopts to encourage and retain core talents after its organizational structure is gradually stabilized. On the one hand, it hopes to motivate employees to create more profits and on the other hand, new ones Doorman optimistic about the performance of the company. 'A music network insiders said.
In fact, after implementing the 'people-for-share' plan, Jia Yueting also intended to stabilize the people's mind through this plan and to attract a large amount of talents.
Two years ago, Jia Yunting said in an email to all musicians that LeTV Holdings (Global) will give 50% of its original total share capital to employees as the total equity incentive and does not in principle need to pay for the purchase.
According to the company's plan, LeTV Holdings (Global) expects to achieve an IPO in 2022 with an estimated market value of 1.7 trillion yuan by the time, and LeTV employees will likely receive 850 billion yuan Fortune, but for the moment, LeTV Holdings few listed may be.
A music insiders told reporters: 'Jiayue Ting had music, all employees of the company announced that it would like to come up with LeTV as 50% of the original total share capital for employee incentives to achieve' everyone holds', but after Sun Hongbin entered, The plan must be abolished, and the new equity fierceness will be completely different and more targeted than that of Jia Yunting.
In addition, as the capital level changes, the music department also appears a large-scale changes in the top, while those who left the company, is not within the scope of this new music as equity incentive object.
The equity incentive program is aimed at members of the new music system, the departure is not in this range. The new music system companies include music video, music video, music video, music video, music financial, music as the cloud. The company's core staff are likely to be granted equity incentives, but the specific circumstances have to wait for the program out. "The music insiders said.