On July 16, according to people familiar with the matter, LeTV Building, the main office of LeTV, has officially changed its name to 'Lerong Building', and the nameplate of 'Lerong Building' has been hanged at the door.
Leshi Building is the property of LeTV's non-listed system. Its main body, Beijing Hongcheng Xintai Real Estate Co., Ltd., was established in 2007 with a registered capital of 50 million yuan and is wholly owned by Leshi Holdings. However, Leshi Holdings has a shareholding in Hongcheng Xintai Company. All of them were frozen. In Beijing Municipal Enterprise Information Information Network, Hongcheng Xintai Company has a total of 21 equity freeze information.
At the end of 2016, the LeEco system broke out in the capital chain crisis, and LeTV Building was used as a real estate asset for pledge in exchange for financing.
According to the "Securities Daily" reported in December 2017, in November 2016, in view of the difficulty of obtaining loans, LeTV Holdings took the name of LeTV Building as its collateral, and made a profit of 1.4 billion yuan in the Lexus car ecosystem. Joint loans, this fund, only 100 million yuan for easy access, the remaining 1.3 billion have flowed into the LeTV car ecosystem.
According to the information on industry and commerce, on January 9, 2017, LeTV Holdings pledged the equity of Leshi Building to China Minsheng Banking Co., Ltd. Beijing Branch, but it is currently in a state of cancellation.
The latest quality information of Hongcheng Xintai Company shows that LeTV Holdings pledged the equity of Leshi Building held on July 16, 2017 to Chongqing Leshi Commercial Factoring Co., Ltd.
Behind Chongqing Leshi Commercial Factoring Co., Ltd. is LeTV Investment Management (Beijing) Co., Ltd., which is one of the original LeTV's seven sub-ecologies.
In September 2017, LeTV announced that it has acquired 100% equity of LeEco Investment Management (Beijing) Co., Ltd. at a price of not less than RMB 3 billion (excluding LeTV Investment's non-financial assets and business). Currently, LeEco Investment Management (Beijing) ) Co., Ltd. has been transferred to LeTV's subsidiary Le Rongzhi under the new name of the industry and commerce. Jiarui Huixin of the company is the second largest shareholder of Lerong, holding 33.5%.
On March 13, 2018, the legal representative of Hongcheng Xintai Company changed, changed from Wang Junmin to Jin Shunshi. Jin Shunshi is also the legal representative of LeTV Mobile Internet Information Technology (Beijing) Co., Ltd. LeTV Mobile is the main business operator of LeTV.
At present, Beijing Hongcheng Xintai Real Estate Co., Ltd. still bears 3 pieces of information that was untrustworthy and executed.
The execution information of the case (2017) Jing 03 No. 646 shows that the obligations set out in the legal documents are as follows: 1. Paying RMB 1.403 billion to Zhejiang Zhongtai Chuangzhan Enterprise Management Co., Ltd.; Second, to Zhejiang Zhongtai Chuang Exhibition Enterprise Management Co., Ltd. pays liquidated damages (based on RMB 1.4 billion, calculated according to the annual interest rate of 24%, from July 11, 2017 to the actual settlement date); Third, to Zhejiang Zhongtai Chuangzhan Enterprise Management Co., Ltd. Pay interest on debt during the period of delay in performance.
It is worth mentioning that LeTV's rapid expansion in the past, in addition to buying LeTV Building, also acquired a lot of real estate assets, but with the LeTV capital chain crisis, its real estate assets are gradually clear, LeTV's second shareholder Sunac More for the taker.
In March 2017, Chongqing Sunac, an indirect wholly-owned subsidiary of Sunac, entered into a cooperation agreement with LeTV Investment Management (Beijing) Co., Ltd., and Chongqing Sunac acquired a 50% stake in Chongqing Leshijie Real Estate Development Co., Ltd. from Leshi Investment. The price is 220 million yuan.
On November 9, 2015, Chongqing Leshijie Real Estate Development Co., Ltd. won the listing of two plots in the J standard section of Longxing Group in Liangjiang New District, Chongqing, with a total price of about 421 million yuan. Today, Rongchuang has 220 million The price of Yuan took away half of the equity of Chongqing Leshi, which is quite affordable.
On December 14, 2017, LeTV Investment completely withdrew from the list of shareholders of Chongqing Leshijie. Chongqing Leshijie became a wholly-owned subsidiary of Sunac Southwest Real Estate Development (Group) Co., Ltd.