Reporters from the People's Court litigation Asset Network learned that a number of music industry equity will be auctioned off on Friday. In particular, the stakes are: Xinle Electronics Technology (Tianjin) Co., Ltd. in the capital of 31245271.2 yuan, le Vision Holdings (Beijing) Co., Ltd. held a company 26 183 537 Yuan Capital stake, Le Vision Holdings (Beijing) Co., Ltd. held by the Lok Vision Film (Beijing)
Co., Ltd. 21.8122% of the equity.
Three from the total price of about 773 million yuan, as of press, registration participation in the number of bidders is 0.
Through this auction, we were also able to learn about the latest valuations of Xinle and Le video.
Xinle estimated 5 months of evaporation 79.2%
According to the details of the subject, Le Vision Holdings 31,245,271. The 20 Yuan capital contribution to the shareholding ratio of 10%, the evaluation value of 187.2433 million, that is, Xinle is currently valued at about 1.872 billion yuan. It is understood that Xinle is regarded as sun hongbin the key to enliven the chess game, which is an important subsidiary of the network, Xinle the new name is ' Le Rong Xin '. In April this year, the music network issued a notice that Xinle new investors including Linzhi (Tencent Department), Jingdong state can, Suning Sports, TCL Group, BAI billion investment, Sega Holdings, Hong Yi Hongxin (Lenovo) and suppliers Jinrui 8 companies.
Among them, Linzhi Lee Chong, Jingdong state can, Suning Sports, TCL Group, BAI billion investment price of capital increase is 300 million yuan, relative to the proportion of the share of about 2.56%.
At its 57th meeting, on April 9, 2018, the third board of directors considered the motion on Xinle Electronic Technology (Tianjin) Co., Ltd. 's capital increase plan, and Xinle will increase its capital in cash and debt to no more than 3 billion yuan in accordance with the 9 billion valuation.
According to this calculation, Xinle's valuation has evaporated by 79.2% in the 5-month period. In March this year, Sun Hongbin in a media interview, said, ' Xinle Entertainment and Xinle, we will find ways to do it well, because it is not listed companies, relatively speaking, the introduction of funds will be more flexible. He also said, ' The Xinle visual wisdom of the problem is more complex, Lok-video network has a stake, but the increase in capital equity ratio of super-lok net, on the table, involving major asset restructuring, approval for at least six months.
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As Sun Hongbin once very optimistic about Xinle, so the sale of the auction will also become a market focus.
Checkered history's music video studios
The stake for the auction is 21.8122%, with an estimated value of $759,437,377,.45, in other words, the current valuation of the Lego film is about $3.48 billion. Le Video is also checkered history. In April 2017, the network announced that it would reorganize its assets into the music video.
In May 2016, the network announced a specific trading plan, le Vision film to 9.8 billion price injection into the listed companies.
In other words, the valuations of the Lego studios have now shrunk sharply. On January 19, 2018, le Video announced the end of the acquisition of music video. At the investor's meeting on January 23, investors were asked about the reasons for and subsequent arrangements for the termination of the acquisition by Le Video. The response to the network is: the company decided to terminate the acquisition of the Lego film on the basis of a comprehensive judgment on the stock ownership and current operating conditions of the Lego films. The company will follow the relevant laws and regulations to disclose the relevant capital movements truthfully.
The main work of the listed companies during the process of the transaction, the reasons for the termination of the major assets reorganization and the decision-making procedures, etc., please refer to the company's announcement content. In addition, there are investors asked the "related parties in the announcement of the 7.5 billion of listed companies owed, whether there is music and new pictures of the arrears, if the existence can reveal the specific amount?" "Le Video network reply: ' The announcement of the relevant party to the listed company 7.5 billion arrears, Including Mr. Jia Yueting and his affiliated parties owed to Xinle, but not related parties owed to the film, the specific amount shall be subject to the company's announcement; currently, le-video-related party le-Video holdings in the existence of music video films owed 1.71 billion yuan.
' Multiple Lok Yue Industry equity will be auctioned: starting at 773 million enrolment 0