and has realized the innovation of local business. Hong Kong Shiying and FF no equity and partnership

June 25, a Evergrande group of 6.746 billion Hong Kong dollar acquisition of 100% shares of the news, not only to the other side of the Jia Yue Pavilion long Sigh, and once again ignited a domestic a-share investors hype enthusiasm.

June 26, Le Video Network (300104) all day one word trading. But speculation to speculation, Jia Yue Pavilion under the Faradayfuture ("FF") exactly with the music network has what kind of relationship, the market can not give the answer.

On the evening of June 26, the video Network (300104) disclosed a clarification bulletin, which was specifically designed to explain the matter. Le video Network said that the company can not confirm the source of FF sources of funds and the company's associated party receivables or Jia Yue Pavilion failure to perform the relevant commitments to borrow whether there is a direct or indirect relationship. Up to now, the company and the Hong Kong-Ying Company, smartking Company, FF have no equity relations or cooperative relations.

As at December 31, 2017, the company's associated receivables were about 7.3 billion yuan.

To deal with the debt problem of the unlisted system affiliated companies, the company has reached three debt-settlement schemes with the debtor.

One is the holding to hold Xinle as the owner of the stock of intellectual equity pledge, for the Xinle as the wisdom of the People's Livelihood trust loans amounted to 1.1 billion yuan, the current stage of the stake will enter the judicial auction proceedings, auction proceeds to repay the unlisted system associated company arrears.

Second, Xinle to 92.9 million yuan as the price of debt as a mortgage-related business e-commerce site (Le View Mall) and the relevant resources, intellectual property and other assets. Third, Lok PA holds 100% interest in the financial, Lepa has been with the company's subsidiaries Le Rong to a new signing of the 0-price share transfer agreement.

At present, the financial equity structure for Le King to the new wholly-owned sun company, the company has hired a third-party professional evaluation agencies to the music as a financial equity assessment, and actively promote the financial related assets to compensate for some of the unlisted system related to the arrears of relevant work. On the evening of June 25, the Shenzhen Stock Exchange also issued a letter of enquiry on the debt related to the system of the unlisted company.

This letter is mainly due to the comments made by the executives at the annual shareholder meeting. 2017 annual shareholder meeting site, company directors, senior executives told reporters, ' on the issue of unlisted company system debt, the company and the unlisted company system communication, Exchange, has made some progress, has not signed a formal agreement ', ' about the listed companies this year 7, August expiring debt, the company is with financial enterprises Positive communication, we have made some progress.

' For investors concerned about the company's current operating conditions, the company's chairman Liu Shuqing at the general meeting of shareholders did not respond directly, only that the other business sectors of listed companies also face heavy historical debt and financial difficulties, the company's staff are still doing their best to explore business development opportunities,

2016 GoodChinaBrand | ICP: 12011751 | China Exports