Eight months after taking office, Sun Hongbin, once aspiring, announced his resignation as chairman of LeTV.com's willingness to lose. He became the last time he was publicly presented as the chairman of LeTV.com.
On the evening of March 14th, LeTV.com announced that it had received the resignation report of Chairman Sun Hongbin. The announcement stated that Chairman Sun Hongbin applied for resignation of the chairman of LeTV.com due to work arrangement adjustment reasons, and withdrew from the board of directors, and was no longer in LeTV. Net holds any position. From now on until the election of the new chairman, Liu Shuqing, the company’s director and general manager, performs the duties of the company’s chairman. According to the original plan, Sun Hongbin’s appointment date is October 13, 2018.
Why does Sun Hongbin choose to leave at this time? One view is that the number of shareholders of LeTV after resumption has increased significantly before resumption of trading, and debt and restructuring are unknown. According to Caixin’s previous report, 'Only 13 trading days after the resumption of trading, The number of shareholders of LeTV.com has increased by 81.6% before the resumption of trading. Before the resumption of trading on January 24, the number of natural persons of LeTV.com shareholders was 185,000. As of February 9, the number of shareholders of the company’s natural person has risen to 336,000. This means that after 13 trading days, the company's natural person shareholders have increased by 151,000.'
Yan Yuejin, research director of the Think Tank Research Center at the Yiju Research Institute believes that this resignation event is largely a 'rapid knife' strategy. How will LeTV's fate be? According to analysis, the next step is to look at Sun Hongbin’s successor. It is not a financial innovation department. If it is not, it is very likely that there is an action in the disposal of equity, such as the disposal of equity in Jia Yueting, and the emergence of new arrivals. It is also reported that the new arrival of LeTV may be a top enterprise from the Internet.