Music Watch in February 2 Evening notice said that up to now, Jiayue Ting 102,426.66 million shares held by the company, accounting for 25.67% of the total share capital, of which 1,019,539,800 shares have been pledged to financial institutions, there is the risk of being disposed of by the relevant institutions can not be timely additional guarantees, May result in changes to the actual controller of the company.
Currently, LeTV shares have already touched the liquidation line of Gu Yueting shares pledge, the outside world is not known .But almost sure, if the stock price is really like previous Shigekura Fund as expected limit down, then break down Jiayue Pavilion's open line basically no suspense This means that the ownership of Jiayue Ting will be forcibly closed down and the company losing its music stock will also be dropped from the seat of Lotte shareholders.
At the previous Investor Video conference, many investors had already anticipated the situation, when LeTV said that 'if the company's share price continues to fall, Jia will need to make up for the pledges in accordance with the terms of the agreement. Make up the deposit on time, the pledge institution has the right to dispose of the pledged equity. '
Yesterday, it was LeTV again mentioned in the announcement of this issue.It is noteworthy that, as the music video stock yesterday fell below 50% after the resumption of trading, the risk of Jiayue Ting suddenly closed down, and the music network volume appears It is understood that, in addition to being the largest shareholder of Music Watch, Jia Yunting in LeTV has no job, if you lose the shareholding, then he and LeTV probably only tens of billions of dollars in the relationship between the Debt.