From the days of music resume resumption of approaching, some media said that on January 23 will be held after the termination of the reorganization and the company's operating conditions, the music Watch has no reason to suspend, probably the rate resumes on January 25. Well, after more than nine months of suspension, the relationship between Jia Yunting and Sun Hongbin has long been from the very beginning to that of seeing things happen at a glance, and now it is often embarrassing to hit the face.
On Weibo, there is a word called 'plastic sisters', which means 'good sisters' feelings are like plastic flowers, especially fake, but never fade. "In fact, the feelings between good brothers may also be Made of plastic.
Jiayue Ting and Sun Hongbin, is the case from the beginning of 'see one's own eyes', and later Jiayue Ting left the United States, leaving music 'mess', then to Sun Hongbin large-scale adjustment of music and television, the implementation of 'to Jiayue Tinghua', and now music Net announcement, frequently 'hit the face' Jiayue Pavilion, two of the 'plastic brotherhood' staged to the extreme.
36 days clapboard shares
Conference 'fancy exaggerated'
On January 15 last year, Sun Hongbin and Jiayue Ting held a press conference with the emphasis being, of course, on the announcement of Rongchuang's ownership. In the conference scene, Jia Youting and Sun Hongbin showed their love of each other and exchanged their feelings with each other.
Sun Hongbin once used this phrase to describe him and Jiayue Ting: "Some people still feel unfamiliar with you for many years, and some of you feel very close and like brothers after meeting for a short period of time.
It is understood that the two meet for the first time, was originally talked about as a real estate Sanlitun things, when Jiayue Ting because of the problem of music and television operation to sell real estate However, Jia Yueting is the surprise that Sun Hongbin interest not only in the music real estate The first meeting and understanding, laid the foundation for future strategic cooperation between the two.
According to Sun Hongbin said, he first talked with Jiayue Ting six or seven hours, after the talk, there is an impulse to invest.For this reason, Sunac invested 15 billion shares of music traded, both parties only took 36 days Clapper
Sun Hongbin said that before investing in LeTV, they went to music for a month, and LeTV opened up all the information for them. The executives wanted to see who they see, which is unprecedented in LeTV's history. Simple, Sun Hongbin said 'are old Jia Ding', I have no objection.
In the entire conference site, Sun Hongbin and Jia Yuanting embarked on a "fancy mutual exaggeration." Jiayue Ting has always admired Sun Hongbin, and said Sun Hongbin's "never-ending spirit has also touched LeTV." Sun Hongbin said, "I particularly agree with Lao Jia Entrepreneurship, this spirit is very rare in this era.
At the time, Sun Hongbin even said that the first logic of Sinoacoustic investment in China is to make it not lack of money, "how much to solve but not how much," and he will not participate in the specific management of music.
Jia Yueting went to the United States
Sun Hongbin took a mess
However, the plight of music as a result of Sun Hongbin's admission has not been eased.In fact, in the first half of 2017, easy to easy to master, asset freeze, block the door to urge the debt ... ... , And that one-hand founder of music as the Internet eco-empire Jiayue Ting, also choose to leave at this time.
On July 6 last year, Jia Yunting first publicly stated on Weibo that he would "take full responsibility for fulfilling his obligations to the music employees, users, customers and investors." He also said that financial institutions, suppliers and However, in the evening, Jia Yueting quit his position as chairman of the board, including music and quit the board of directors, no longer have any decision-making power.In fact, some media reports, as early as July 5 At noon (California time on the evening of July 4), Jia Yunting arrived in the United States.
At this time, all the music of the mess, are left Sun Hongbin. So, music in the end how bad? In fact, no one can say. But the only certainty is that music has been trapped in trouble.
Taking the extraordinary general meeting of shareholders held on July 17 last year as an example, the shareholders' general meeting was held mainly for the purpose of voting on revising the articles of association, resuming assets reorganization and resumption of stock replenishment, and reorganization of the board of directors plus by-elections Sun Hongbin, Liang Jun and Zhang Zhao et al. Non-independent directors. Meeting time is very short, only opened for 15 minutes, the number of participants was only four or five people, but outside the venue was abnormal chaos, countless holding 'music back to the money' banner of the debtor, containment meeting site requirements In the face of the music founder Jia Yueting. In the end, had to dispatch the police to maintain order.
In September last year, Sunac China held a semiannual performance conference, Sun Hongbin when it comes to music as quite frustrating.He said, 'Before investing in music, I have no regrets in this life.But after the investment in music, if not To do a good job of this company, I really have regret in this life. 'These words just finished, Sun Hongbin removed the glasses, wiping the tears in his eyes.
It can be said that Sun Hongbin, who took over LeTV from Jia Youting, can be said to have exerted a great deal of effort, but at this time, Sun Hongbin was still quite positive about his evaluation of Jiayuenting, saying that although Jia Youting failed, others were very kind and able The earliest layout in an industry.
Music as the reorganization of the board of directors
Jia and Sun are subtle
After Jiayue Ting left the United States, many people think that Sun Hongbin was completely pitched by Jia Yueting, but Sun Hongbin was not a casual generation. After Jiayue Ting left, Sun Hongbin first formally became the chairman of LeTV and later started a large-scale Adjustment, implementation 'to Jiayue Ting.'
In fact, during this time, Jiayue Ting and Sun Hongbin relationship is very delicate.
Why do you say that?
Jiayue Ting quit the board on July 6 last year, but at that time, LeTV did not propose a new chairman's motion, saying only to reshuffle the board of directors and newly joined Sun Hongbin, Zhang Zhao and Liang Jun. That is to say, only the original board of directors was increased from five To eight people, and Liang Jun and Zhang Zhao, was originally a music as the Department, Sun Chong Sun Rong only one person came in.
In addition, Jiayue Ting stressed in an open letter that he is still the executive director and the largest shareholder of LeTV Holdings Co. In fact, although he quit the LeTV board of directors, he is still the largest shareholder of LeTV and has the right to interfere Corporate Affairs.
Sun Hongbin into the music
Implementation of 'go to Jiayue Ting'
However, after Sun Hongbin was officially elected as Chairman of LeTV, he began to make a large-scale adjustment to LeTV.
Let's see how he did it
August 15, LeTV CEO Liang Jun and Human Resources Lianpian 11 personnel appointments, music Watch team experienced a large rotation.
On August 17, Sun Hongbin held a closed-door meeting of the LeTV executives to formulate a new operating strategy and focus his business on LeTV, TV, cloud platforms and four films.
On September 27, LeTV changed its name to 'New LeTV' in order to further fit the company's new strategic adjustment. '
October 25, the establishment of the new music as the management committee, chairman of music as film Zhang Zhaoxing chairman of the committee, financial representatives on behalf of Liu Shuqing served as vice chairman of the Committee, and the committee members include Sun Hongbin, Zhang Zhiwei, Yuan Bin, Li Yuhao.In fact, As the music 'go to Jiayue Pavilion' an important step.
On December 5, LeTV Zhixin officially changed its name to Xinlei Zhizhi and its legal representative was changed from Jia Yueting to Zhang Zhiwei.
With the deepening of music reform, many of the original core music executives have also left.According to media statistics, since July last year, LeTV has left more than a dozen core executives.
For example, LeTV vice president of strategic planning and management and president of the Office of the President, LeTV Mobile president 阿不力克木阿不力 meters, took office on August 24 last year, he is Jiayue Ting LeTV's last important 'old partner '.
And on October 27 last year, Liang Jun, the general manager of LeTV, LeTV executives Gao Fei, Zhang Minxuan, Jiang Xiaolin and Yang Yongqiang also filed resignations and resigned their positions at LeTV.com. Managers Wu Yazhou, Liu Hong (retained Vice Chairman and Board of Directors Strategic Committee members), supervisors Ji Xiaoqing, securities affairs representative Liu Wenjuan also resigned.
Well, after the resignations of these musicians, who took over their position?
It is learned that on December 15, one and a half months after Liang Jun left his job, LeTV announced that Liu Shuqing from Rongchuang was the CEO and general manager of LeTV as well as the current legal representative of LeTV.
Can be found, Liu Shuqing at the beginning of last year, when Rongchuang China's stake in LeTV, just Tianjin Jia Rui in the Apprenticeship Director, while in August last year, Liu Shuqing served as Senior Vice President of LeTV network, a comprehensive plan for the music network and the listed company system human resources , Legal affairs, finance and administration.In October last year, Synaptic set up the 'New LeTV Management Committee', and Liu Shuqing was appointed as the vice chairman of the New LeTV Management Committee.Now she has become the new CEO and legal representative of LeTV.
Other members of the board of directors currently have two music lovers, Zhang Zhao and Liu Hong, of LeTV, while Liu Shuqing takes the helm of the top management and the music staff Jin Jie, Tan Shu and Yuan Bin are the vice presidents.
Can be found, as of now, Sun Hongbin basically completed the music executives shuffle.
For such a reshuffle, well-known Internet scholar Liu Xingliang interpretation is in place, he said, the old part of the music as three factions: one is called death loyalist, a kneeling lick, a class of cavalry. The second step to kneel lick collection to stay the task; the third step for the riding wall attitude, is to ride the wall to find himself unable to get Sun Hongbin re-use also left .
Sun frequently hit face Jia
The two sides are tense
Now, Sun Hongbin, who completed the music shuffle, and Jia Youting, some somewhat tense .In January this year, Sun Hongbin has become the chairman of the music network, repeatedly issued a public notice 'face' Jiayue Ting, 'Plastic Brothers Love 'intensified.
For example, on January 2, Jiayue Ting responded to the circular of Beijing Securities Regulatory Bureau, saying that it will do its due diligence to solve the debt problem, communicate with the listed company to form a debt settlement intention, and solve the problem of arrears of listed companies by selling assets to obtain funds and using assets to offset debts. However, the same night, LeTV released an announcement saying that the debt issue of LeTV and the non-listed system has yet to form an enforceable substantive solution to the intention of settlement.
In addition, January 19, LeTV also issued a notice that the company noted that some of the online media coverage of "Gan Wei made a statement: will be responsible for Jiayin Ting debt problems in the country," and other articles in the article, Gan Wei said Lao Jia individual But also for the company to secure more than 100 billion debt, resulting in personal and family debt.But LeTV said that in the existence of listed companies in the loan, Jiayue Ting and LeTV Holdings, together with other parties together to provide guarantees for listed companies and subsidiaries The total amount is only 1.417 billion yuan, once again 'hit the face' Jiayue Ting and Gan Wei.
In fact, in addition to 'hitting the face', Sun Hongbin and Jia Yueting now very embarrassed relationship.It is understood that the current Jiayue Ting and other music through its control and other music companies in the system, associated transactions form a large number of listed companies receivables As of November 30, 2017, the outstanding balance of related-party loans to listed companies reached RMB7.53 billion.
Now, LeTV said it will take all measures, including legal measures, to instruct Jiayue Pavilion and its related parties to stop handling third parties such as Leica Automobile (Beijing) Co., Ltd., Faraday Future, Lucid and other related equity and assets they control, And give priority to practical solutions to its actual liabilities of listed companies, to the greatest extent possible to protect the interests of shareholders of listed companies.
In other words, now, Sun Hongbin and Music Watch has become a debt collection side, standing in the opposite of Jiayue Ting.
How is the future relationship?
'Plastic Brotherhood' or will continue
At present, for Sun Hongbin, 'to Jiayue Tinghua' has entered the final step, that is, Jiayue Ting himself.Jia Yuet Ting currently holds 25.67% stake in LeTV.
And even more embarrassing is that almost all the equity held by Jia Yunting is in a frozen state, which also makes the ownership structure of the music network can not easily be changed now, in fact, Sun Hongbin plan to restructure the new music has also been hindered.
On January 19, LeTV said that Tianjin Jiarui increased its investment in Lesv Entertainment because the transaction was terminated due to the judicial freeze on LeTV's shares held by LeTV, the largest shareholder of LeTV. In addition, the listing of listed companies Music Watch changed its name, also encountered crashes.
Liu Xingliang said that after that, while LeTV is handling domestic assets, Jia Youting and Sun Hongbin will have more benefits of seeing-saw process, of course, the friendship between the two people is there, but the interest is the protagonist from beginning to end.
In other words, 'plastic brotherhood' between Jia Yunting and Sun Hongbin may still continue.