This morning, the outskirts of Beijing resort, the cloud Ze Villa, LeTV 2018 first temporary shareholders meeting site, chairman Sun Hongbin did not attend .To this, the TV Network Deputy General Manager Zhao Kai explained, "itinerary, did not have time to rushed to the scene Is not disappointed with the music network.
Source: "China Entrepreneur" magazine, photography / Shi Xiaobing
At this point in time, any signs of trouble, will lead to suspicions outside the world may be worried about this persuasive persuasion, music show general manager Liu Shuqing also immediately position, 'grandchildren still very supportive of music, personal energy input is also very Big. '
In fact, is it true? At the Investor Online Seminar held on January 23 earlier, Sun Hongbin replied that "there is no further intention to increase its holdings." At this stage, It is to solve the company's financial constraints and supply chain problems.
Although the general meeting did not have any good information outflow, but the music network several times today hit a daily limit stock price.After the opening, the stock price is soaring.Some time during the shareholders meeting, touched several daily limit, following the February 8 stock price short After the breakthrough of 5 yuan, the highest price of 5.35 yuan today.On the contrary, Sunac China opened at 31.45 Hong Kong dollars, after the transaction, the amplitude is small.
To know that LeTV since the January 24 resumption of the disk, falling for 11 consecutive days, all the way down from 13.8 yuan to 4.82 yuan. As of today, LeTV only two trading days the stock price exceeded 5 yuan. Yesterday, 4.86 yuan price close.
Since last year, Sun Hongbin, in addition to 15 billion yuan in fire music, but also in July last year, spent 43.844 billion yuan acquisition of 91 Wanda Travel's 91 projects in the equity .A Hong Kong stock analysts believe that compared to music as the bottomless pit, Sunac China's investment in Wanda is more important and its business is more relevant. However, as Chairman of LeTV, Sun Hongbin can not be ignored and can not rule out any further drawdown.
If there is any signboard to bring good news to LeTV, is undoubtedly the whereabouts of LeTV, which naturally became the most concerned about the shareholders of LeTV.com Sun Hongbin never stingy optimistic about the industry, but LeTV Film industry has been unable to inject into the public company system, making behind the reorganization can not be promoted.For the moment, chairman of music video said Zhang Zhao, 'the difficulty is huge huge huge, but the confidence is firm, take a look at there is no chance '
It is noteworthy that, in response to the media reported the 'restructuring plan', Music Watch yesterday issued a special announcement to clarify that did not form any substantive programs and intentions, and said, 'Mr. Jia Yuanting pledge of stock options can not be timely due to additional security The risks that are being disposed of by the relevant authorities may change the actual controller of the company.
Currently, Jiayue Ting holds 1,024,266,600 shares of the company, accounting for 25.67% of the total share capital, of which 1,019,539,800 shares have been pledged to financial institutions and 102,426,660 shares have been frozen by the judiciary. Tianjin Jia Rui Hui Xin Enterprise Management Co., Ltd. held 341,422,200 shares Shares, accounting for 8.56% of the total share capital.
At today's music video temporary shareholders meeting, shareholders voted mainly on six issues: "on the company's registered capital change motion", "on the amendment <公司章程>Proposal on Providing Guarantee for Holding Subsidiaries, Proposal on Appointing Supervisors of the Company, Proposal on Changing Certified Public Accountants, Proposal on Nomination of Candidates for Independent Directors.
Attached to the scene question:
Shareholders: LeTV TV future strategy is how to develop?
Liu Shuqing: LeTV is still a very advantageous area for us and is the core of home entertainment. However, such issues as related party transactions and accounts receivable really have a great impact and are still working to resume business. The impact of the related party transactions arrears Huge, very difficult to recover, has been and non-listed system to find solutions, is also constantly seeking shareholder support, I believe that music in the future will go well.
Shareholders: LeTV film proposed before the 'Disney mode', how is the progress?
Zhang Zhao: Thank you remember the Internet Disney mode, the big direction is still very confident, the immediate difficulties are very large, from an industrial point of view is a new journey, from the company's operation, too much drag by the past. Committed to the deep plowing of home Internet content, the layout of the long-term .Retouch itself will be in the content of self-made and open.Great huge or huge, confidence is still very firm, take a slow look there is no chance.
Shareholders: Whether the current management and Jiayue Ting smooth? Jiayue Ting equity disposal direction can be introduced.
Zhao Kai: The communication with Jiayue Ting is smooth, including two of his domestic agents, Gan Wei and Jia Yuemin. All the things that need to be coordinated are co-promotion, but Jia Youting's ownership disposal is his personal matter and the listed company just performs the information Disclosure, not only issued a notice of risk warning, at the moment did not meet the standards need to be disclosed.
Shareholders: business growth and profit growth point will focus on in which direction? Whether there is a resource support?
Liu Shuqing: The growth point is still the main business, sales of television and strategy will return to the nature of the business, and now to solve the problem of funds.
Shareholders: After the injection of music video industry is terminated, what action will be taken for the next step?
Zhao Kai: In the announcement has been announced, the injection termination of the next operation of the music Watch and did not have much impact.