Since August 21 to September 5, the network has seen 6 trade-off in 13 trading days, with an increase of more than 100%. Due to abnormal stock fluctuations, the network began to check the suspension on September 6. In the evening of September 12, the company announced that it had completed the relevant verification work, the company's shares in the morning of September 13 to reopen.
According to the network, the company has not recently received any institutional and individual on-site research, the company owns more than 5% shareholders currently do not increase the plan, the company's controlling shareholder does not exist should be disclosed and not disclosed significant matters. The morning of September 13 opened, the network in the set auction trading time fell, but soon after the opening of the fall and stop, the mode of oscillation.
However, up to the interface News Press, LOK-video network again fell, reported 3.74 Yuan. In addition, the Shenzhen Gem Company management Department on September 7, September 12 to the network issued a letter of inquiry, on the joy and harmony to the new and happy to network semi-annual report, and many other situations have been questioned.
In conjunction with the re-release of the music network on the stock of the risk of suspension of the announcement of the market, Le Video network is still unresolved. Music network again said that the first half of this year attributable to the shareholders of the listed companies net profit of 1.104 billion yuan, the first half of the net assets of 477 million yuan, due to the associated party debt caused by the company's financial problems can not be resolved, the second half of the possibility of sustained losses, such as after the audit 2018 company net assets for the year, There is a risk that the company has a stock market suspension.
In addition, in April 2017, the Lixin accounting firm issued an audit report on the music network that could not be expressed, such as the company's 2018 annual report was issued again ' unable to express their views ', the Shenzhen Stock Exchange can decide to suspend the music network shares listed. On the issue of related party debt, Le Vision Network said that the listed company did not obtain a direct cash inflow due to the debt settlement, it takes a long time to dispose of the assets for disposal, and there is a large uncertainty, the listed company cannot obtain cash support from the related party debt problem settlement plan which has been reached in the short term.
According to the previous listed companies, listed companies and related party accounts receivable size of about 6.7 billion yuan up and down. According to the music network statistics, the current corporate debt types include financing loans, operating liabilities and non-operating liabilities, of which, as of the end of September is expected to expire financial institutions borrowing debt of about 1.924 billion yuan.
This part of the debt has the risk of expiring on time. In September 7, Szse Gem Company management department issued a letter of inquiry, asked the network description: Lok Rong group set up time, the main business; whether the business and business of the Group and affiliated parties compete with the industry; Recently, the media disclosed that Le Rong group released the sub-brand of Le Rong Yun Lian, the latter formerly known as the Music Vision Cloud,
Le Rong Yun Alliance recently announced the cooperation with Jingdong Cloud, the chairman of the network, Liu Shuqing attended. The network needs to answer, le Vision cloud business performance of the last three years, whether there is a continuing business risk; is the technology and personnel of le-Rong cloud come from the music vision Cloud? The media reports that the former is the music cloud is the true? In the background of the loss of the new control right in the music network, Le King to create a new music
Is there a situation where the interests of shareholders are compromised and the benefits are conveyed to other shareholders? The September 12 inquiry letter is mainly aimed at the half-year of le-video network, of which the most cited market concern for the Jia Yueting Pavilion Holdings decreased. As of August 28, 2018, Jia Yueting Pavilion held 1.0225 billion shares, of which 1.019 billion shares have been pledged, has all touched the closing line, 1.022 billion shares by the Beijing third People's Court and other judicial organs frozen.
The shares held by the Jia Yueting Pavilion have been basically pledged and all are waiting to be frozen. As of August 28, Jia Yueting Pavilion held a 1,689,728 share decrease from June 30.
The company asked the company to show that the Jia Yueting Pavilion held a decrease in the shares of the reason, whether this part of the equity is transferred to the judicial implementation. Specific business, the first half of this year's TV drama distribution business realized revenue of 114 million yuan, an increase of 1213%, the related operating costs of 0, but the semi-annual report shows that the company's production license for radio and TV programs is valid until December 28, 2017.
The company requested that the relevant license expires in the case, continue to carry out the TV series distribution business is the risk of administrative punishment, and the TV series distribution business costs 0 reasonable compliance.