LeTV will hold a shareholders meeting next Monday |

LeTV will hold the 3rd Extraordinary Shareholders' Meeting in Beijing Leto Building on October 15th. Jia Yueting's shareholdings decreased by 220,192,128 shares compared with June 30 this year. According to Jia Yueting's latest email reply, it was used for judicial disposal of stocks. Repaying debts.

According to LeTV's latest “Prompt Announcement on the Suspension of Stocks in Suspension”, as of October 9, Jia Yueting holds 100224.7516 million shares, accounting for 25.12% of the company's total share capital; of which 768.876 million The shares have been pledged, accounting for 21.98% of the company's total share capital; the shares of the company they hold are all frozen, waiting for the freeze. In addition, as of the same day, Jia Yueting's shares decreased by 2,201,128,800 shares compared with June 30 this year, according to Jia Yueting's latest mail The reply shows that it was used by the judicial disposition to repay the debt.

According to the Beijing Youth Daily reporter, LeTV will hold the third extraordinary shareholders meeting in 2018 at LeTV Building in Beijing on October 15. It is reported that this meeting has reviewed a total of six proposals, including the election of the company's board of directors. Proposal for Nominating Candidates for Non-Independent Directors of the Fourth Board of Directors "Proposal on Reelection of Board of Directors and Cancellation of Candidates for Independent Directors of the Fourth Board of Directors" "Regulations on the Reelection of the Board of Supervisors of the Company and the Nomination of Non-employee Representatives and Supervisors of the Fourth Board of Supervisors Proposal on the Fourth Board of Directors' Independent Directors' Allowance <公司章程>The Proposal on Adjusting the Expectation of Daily Related Transactions in 2018. According to the Articles of Association and other relevant regulations, the first, second and third bills are voted on by the cumulative voting system, and four non-independent directors are elected at the shareholders' meeting. 2 independent directors, 2 non-employee representative supervisors, the number of votes owned by the shareholders is the number of shares with valid voting rights multiplied by the number of candidates, and the shareholders can limit the number of votes they have to the number of candidates. Arbitrary distribution (can vote for zero votes), but the total number must not exceed the number of election votes it holds; Proposal 5 is a special resolution, which must be passed by more than 2/3 of the valid voting rights held by shareholders attending the general meeting; other proposals are ordinary motions , must be approved by more than 1/2 of the voting rights held by shareholders (including proxies) attending the general meeting; Jia Yueting, the related shareholders involved in the proposal 6, Tianjin Jiarui Huixin Enterprise Management Co., Ltd., Liu Hongjun will abstain from voting.

Beiqing Daily reporter noted that in the relevant voting proposals, Liu Shuqing, Li Yuhao, Zhang Wei and Chen Hao are proposed to be non-independent directors of the fourth board of directors of the company.

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