The reporter learned from the China Judgment Document Network on August 7 that Zheshang Bank Beijing Branch recently applied to the court to freeze the property of the four respondents, such as Jia Yueting. The Beijing No. 4 Intermediate People's Court ruled: seizure, seizure, and freeze the development of Leshi Sports Culture Industry ( Beijing) Co., Ltd., Jia Yueting, Leshi Holdings (Beijing) Co., Ltd., Xiamen Octopus Interactive Network Technology Co., Ltd., with a limit of 206 million yuan.
The above-mentioned civil ruling is indicated on July 27, 2018. The applicant is Zheshang Bank Beijing Branch. Among them, the period of freezing bank deposits is one year, the period of seizure of movable property is two years, the real estate is seized, and other property rights are frozen. The term is three years.
According to the referee documents, Zheshang Bank Beijing Branch v. LeTV Sports Culture Industry Development (Beijing) Co., Ltd., Jia Yueting, Leshi Holdings (Beijing) Co., Ltd., Xiamen Octopus Interactive Network Technology Co., Ltd. Financial Loan Contract Dispute Case, Applicant Zheshang Bank Beijing Branch applied for property preservation on July 26, 2018, requesting that the bank deposits of the four respondents be frozen by 206 million yuan, or seizure and seizure of other equivalent assets. Zheshang Bank Co., Ltd. issued a letter of guarantee to provide guarantee for the case.
According to media reports in May this year, Zheshang Bank has made 5 shares of LeTV's stock pledge from July 2015 to April 2016, 4 of which have been settled normally, and the remaining principal balance is about 800 million. yuan.
Previously, Jia Yueting, LeTV Holdings, and LeTV Mobile have been included in the list of untrustworthy enforcers (commonly known as 'Lai Lai'). LeTV is still in the debt quagmire.
LeTV.com previously announced that the company expects a loss of approximately 1.1 billion yuan in the first half of 2018, which will result in the company's net assets attributable to shareholders of the listed company on June 30, 2018. The company's board of directors and management are working hard to resolve the current Difficulties in operation, but due to the debts of related parties, the company's financial problems can not be resolved, the company's operations have not been fully improved, and there is a possibility of sustained losses in the second half of the year. If the company's annual net assets are negative after auditing, the company exists. The risk of stocks being suspended.
According to LeTV.com, the company's debt types include financing loans, operating liabilities and non-operating liabilities. Among them, the debts of financial institutions that are due to expire by the end of August are estimated to be about 1.843 billion yuan.