Public information shows that music fund Qingdao was established in April 2016 by the Music Investment Management Co., Ltd. (hereinafter referred to as music investment) invested 20000000 yuan to set up, the latter controlled by the Music Network (300104.SZ), the legal representative of Jiayue Ting's brother Jia Yuemin .
It is understood that the music as the fund is the only TV music sales company, corporate legal representative of the former financial music CEO Wang Wally, in April last year changed to Guo Jian (concurrently executive director, general manager), Wang Yongli resigned in May of that year to leave music, After the vice president of China International Futures.
In the "Decision on Measures for Issuing Alert Letter to LeTV Fund Sales (Qingdao) Co., Ltd." (the "Decision"), the CSRC said that after the investigation, there were three major problems in LeTV fund Qingdao:
First, the official seal, personnel files all by Music Network Information Technology (Beijing) Co., Ltd. management;
Second, the paid-in capital of 20 million yuan, 19 million yuan loan to shareholders, the company's general manager did not sign the approval form;
Third, the existing staff of all staff are included into the letter Network Technology Co., Ltd. for accounting.
Qingdao Securities Regulatory Bureau believes that the above situation violates the provisions of Article 9 of the "Measures for the Administration of the Sales of Securities Investment Funds" (hereinafter referred to as the "Measures") promulgated by China Securities Regulatory Commission.
Shandong Finance reported that LeTV Fund Qingdao in February last year, the name is Le Asset Management (Qingdao) Co., Ltd., renamed at the same time, the business is also 'to its own funds to foreign investment', based on the new 'open Raise securities investment fund sales. "Also the same month, the music capital of the registered capital of 20 million yuan actually paid to subscribe 200 million yuan.
In April of last year, LeTV obtained internet insurance and fund agency license, and in December of the same year, LeTV Qingdao and Zhongrong Fund Management Co., Ltd. (hereinafter referred to as Zhongrong Fund) signed an agreement on the sale of open-end securities investment funds to fund some of the fund products of Zhongrong Fund.
However, the "Decision" shows that Music Fund Qingdao has not yet carried out business.Qingdao Securities Regulatory Bureau said the company for site inspection feedback, has begun rectification of the above problems, controlling shareholders have also been on the maintenance of company independence, support the company's business development and so on Made a promise
For the above issues, music Watch did not notice the disclosure.