LeTV to its 2018 First Extraordinary General Meeting held on the venue, one hundred kilometers away from downtown Beijing Shidu Scenic Area Cloud Ze Villa Conference Center, the venue for the choice of shareholders, it seems not Too friendly.
Where the remote enough to get there from a taxi in Beijing, the fare to more than 400 yuan.
You can choose to stay at the hotel first.
Yunze Villa itself is a four-star hotel, with all kinds of guest rooms 277. Taking into account the Lotto shareholders meeting was held at 9:30 on February 23, and is located in remote areas, to attend the meeting of shareholders Choose to stay early Zeyun Villa.
However, some shareholders said that after LeTV announced the news of the general meeting of shareholders, it immediately booked the room of the Cloudser Villa in Ctrip ahead of schedule, but was notified by Ctrip on February 22 that the hotel could not be checked in that night, requesting To change other hotels.According to Ctrip's view is given, cloud Ze Villa is due to hold the shareholders of the music video conference was "requisitioned."
However, there are very few hotels to choose from around Yunze Villa, but the commuting time from the downtown area to the venue is uncertain.
It is worth mentioning that Zhang Zhao, one of the 6 senior executives of LeTV who attended the day's general meeting of shareholders, rushed to the scene after the meeting started.
It can be seen that there are only 19 shareholders (including a large number of media reporters) attending the Provisional General Shareholders' General Meeting on February 23, not even as many security guards as the scene.
Compared with the general meeting of shareholders held in July 2017, the security of this EGM was significantly strengthened on February 23, 2018. Security guards were guarded from the gate of Yunze Villa to the convention center. In the conference room, security guards and musicians Net and hotel staff even exceeded the number of shareholders attending.
Cloud Ze Villa International Conference Center outside a number of security personnel
Jiayunting once close comrade in arms, music watch the current chairman Sun Hongbin, did not appear on February 23 temporary shareholders meeting.
However, the participating music executives, apparently unwilling to present shareholders to understand it as 'escape'.
A shareholder who claimed to own over 5 years of music video shares said at the scene that Sun Hongbin, the chairman of LeTV, would like to see Sun Hongbin, but Sun Hongbin was absent from the meeting. However, he still said: "Special thanks go to Sun (Music video) plate next '.
Zhao Kai, the deputy general manager of LeTV Network, immediately explained that Sun Hongbin has a temporary itinerary, "(This) does not mean that no attendance is the attitude toward Xinle Television." Liu Rongqing, currently a director and general manager of LeTV, Also added: 'Indeed, the grandchildren are still very supportive of music, personal energy input is still very large.'
LeTV since the resumption of trading on January 24, the first sustained 11 limit, and after several risk warning announcement, but there are still funds to start a bold 'bargain-hunting', February 22, Le Tour daily limit appears.February 23, During the general meeting of shareholders, the stock price also rose rapidly and the daily limit was reached.
However, the shareholder meeting, which lasted more than an hour, failed to reveal too much substantive good news.
One day before the shareholders' meeting, a notice from LeTV revealed that as of now, the company has not formed any substantive proposals and intentions regarding the 'restructuring plan' mentioned by the media.
Music Watch shareholders conference held in the cloud Ze Villa
When discussing the strategic direction of the future home Internet entertainment of LeTV and LeTV, LeTV Zhang Leizhao, Director of LeTV Group, said: 'There are no problems in the direction, but I should be realistic (say) The difficulties are huge, huge, and Zhang Zhao uses three 'huge' to emphasize 'difficulty'.
Liu Shuqing also said: "The music as the Internet genes and content genes and so a good combination, the future should be able to go well, but also have to face the immediate difficulties. Difficulties are very, very large, I hope all shareholders continue to support understanding. '
Liu Shuqing said: "The difficulty of recycling is very high. However, management has not given up its efforts and has been working with the non-listed system to find solutions. As of today, there is no substantive content." The results are not many, but we are all at a Hard working
According to the Risk Watch announcement released on January 19 by LeTV, the non-listing system controlled by Jia Youting owes a total of RMB7.53 billion owed to LeTV as an unaffordable burden on its business operations.
However, after the announcement of the LeTV network, Jia Yueting's LeTV Debt Handling Team released a statement on January 22 that LeTV Holdings and its related parties are expected to bear the repayment of about 6 billion yuan instead of music As stated in the net announcement, 7.5 billion.
This dispute led to Sun Hongbin and Jia Yunting contradictory public speculation.
At this general meeting, some shareholders raised questions about the communication between Jia Yueting and LeTV. Zhao Kai responded that: "The communication between the board of directors and the management of Jia is very smooth, whether he himself or both are in China The agent is also very smooth, related party transactions arrears are in communication.
At the moment, the stock price of LeTV has already dropped over 60% compared with that before the suspension. All parties concerned whether the stock closing line of Jiayue Ting has fallen below.
Up to now, Jiayue Ting holds 1.02 billion shares of LeTV, accounting for 25.67% of the total share capital, of which 1,019 million shares have been pledged to financial institutions and 1,020 million shares have been frozen by the judiciary such as the Third Intermediate People's Court of Beijing.
As of now, LeTV did not announce the equity pledged Jiayue Ting situation, which, Zhao Kai said: '(Equity) disposal is his own personal things, may be liquidated is his personal affairs, if triggered to open Line, we will disclose, we also sent more than one risk warning, may be such a problem, including his own business will be informed accordingly, to the appropriate stage we will make a public announcement there is no further disclosure Event
Some investors chase said: 'No announcement means that have not yet to open the line?' Zhao Kai's response is: strictly speaking, did not meet the standards need to be disclosed.
For ordinary investors, a continuous limit-down brings a direct loss of market value.
At the general meeting of shareholders on February 23, a shareholder who claimed to be financing and leveraged to buy LeTV claimed to face the risk of being liquidated. According to the shareholder introduction, its position is as high as RMB50 million.
According to the current situation of the music watch, there are some shareholders who still plan to keep holding the case of being unable to return blood.
A site attendees LeTV shareholders introduced he was in 2017 after Sun Hongbin Invest Music Watch began to buy music Watch, when the price is 41 yuan / share, bought a total of more than 50,000 shares. There is no such thing as 500,000, "said the shareholder.
Slight comfort to these investors, out of expectations for this shareholder meeting, music video stock price soared for two consecutive trading days.