Yesterday, LeTV released the announcement. On March 2, 2018, the Company and the relevant person in charge of Sunac China Holdings Limited confirmed that Sunac China currently does not have any plans to take over the LeTV stock program held by Mr. Jia Yueting.
The Company will also continue to pay attention to the changes in the shares of Jia Yueting and timely fulfill the obligation of information disclosure. For the follow-up related information, please refer to the announcement of the listed company.
Previously, LeTV has confirmed that all the music videos palletized by Jia Yueting pledged have been sold out. It is reported that the equity interests held by Jia Yueting will be sold by the institution. It is expected that Sun Hongbin will only partially receive the disc.
The news also analyzed the reasons, pointed out that if fully take over the music holding company holds a lot of money, the pressure will be great, on the other hand even Sun Hongbin invested huge sums of money to take a full 'access plate', but also music Watch management level So there is no substantive help.Sun Hongbin will not fully accept the disk.But he is estimated to do some 'image project', take over part of the music network equity, to the bank, the secondary market to release confidence and ease the pressure of music Watch was sold.