After all, music still can not hide the cold winter.
News from Beijing No.1 Intermediate People's Court, another partner of LeTV, a subsidiary of LeTV, applied to the court for deposit or seizure of LeTV Information Technology (Beijing) Co., Ltd. in the bank , Seized the corresponding value of the property (limit of 112.88 million yuan).
In August 2017, the resolution of the 50th meeting of the 3rd Board of Directors of LeTV Display Software showed that when LeTV launched the investor Huitian Network Technology Co., Ltd. in 2017, LeTV changed its stake in LeTV from 50.00% to 47.21% , Holding 397571979 shares unchanged.Other shareholders include: LeTV Holdings, LeTV cloud fund.
It is understood that in 2007, Huitian Network Technology Co., Ltd. was established with a registered capital of 200 million yuan, mainly providing big data and cloud computing services, built 16 200,000 square meters of IDC data room and integrated floor, foreign cooperation mainly in the engine room service Mainly in the form of office located in Beijing Tongzhou.
However, the honeymoon period between LeTV and Huitian Network did not take long, and Huitian Network soon discovered the crisis.
According to its official introduction, LeTV cloud based on 750 CDN nodes covering more than 60 countries and regions worldwide, 30Tbps Export bandwidth, to achieve 10 million live cloud throughout the year, daily average 100 million terminal dynamic acceleration, real-time HD tens of millions of concurrent, covering billions of users. 'At the same time, music as the cloud customers include a number of well-known live web site.
Semi-annual report shows that in the first half of this year, Le total cloud assets 2.4 billion yuan, net assets of 1.4 billion yuan, operating income of 710 million yuan, a loss of 80.3 million yuan.
It is reported that music as the cloud involved a total of three contract disputes, the plaintiff was the Sichuan Business People Unicom, Beijing Watson Yongyi, Purple Mountain Company, involving an amount of nearly 27160000 yuan.In addition, Tianyi Enhua court Pre-litigation property preservation applications were made, respectively, asking for the freezing of music as 252.209 million yuan, 7,381,903 yuan, 62,361,750 yuan of bank deposits or other assets of considerable value.
This time, as one of the investors Huitian network to bring the property preservation is related to cloud computing, the largest asset preservation.
According to the civil ruling of Beijing No. 1 Intermediate People's Court, the claimant Huitian Network Technology Co., Ltd. applied for property preservation to the Beijing Arbitration Commission on November 16, 2017 and requested that the respondent, LeTV Information Technology (Beijing) Co., Co., Ltd., the property value of RMB 112,800,000 yuan to take preservation measures November 29, 2017, Beijing Arbitration Commission will be the preservation of the application, guarantee materials submitted to the Court.
According to the review, the court held that the application of Huitian Network Technology Co., Ltd., an applicant, complies with the law.According to Article 28 of the Arbitration Law of the People's Republic of China, Article 103 of the Civil Procedure Law of the People's Republic of China The first paragraph of the ruling stipulated the following: The respondent, LeTV Information Technology (Beijing) Co., Ltd., should be frozen in its deposits in the bank or seized and seized assets of its corresponding value (limit of RMB 112.8 million).
On November 3, Wu Yazhou, CEO of LeTV cloud computing company and vice president of strategic project management department of LeTV Group, made an internal mail saying that formally proposed to resign.