The National Enterprise Credit Information Publicity System showed that LeTV Holdings Co., Ltd. was listed on the business exception list on October 8. The Beijing Municipal Administration for Industry and Commerce Chaoyang Branch made the decision because the registered residence or business premises could not be contacted.
According to the information of Tianyue, Leshi Holdings (Beijing) Co., Ltd. was established in September 2011 with a registered capital of 1 billion yuan. The registered address is 1102, 10th Floor, Building 3, No. 105, Yaojiayuan Road, Chaoyang District, Beijing. Director Jia Yueting. LeTV Holdings Beijing Co., Ltd.'s main business and products are LeTV, Jia Yueting directly holding 92.07%. In addition, Tianyuechao information shows that Jia Yueting's surrounding risks are as high as 3,468, and the warning is 268.
LeTV.com announced on the evening of the 10th that Jia Yueting has been legally disposed of about 22.02 million shares to repay debts. The debts of financial institutions expected to expire at the end of October are about 1.918 billion yuan. Announcement, as of October 2018 On the 9th, Jia Yueting held 100,224.7516 million shares of LeTV.com, accounting for 25.12% of the company's total share capital; of which 876,658,714 shares have been pledged, accounting for 21.98% of the company's total share capital; 100,22,47,516 shares were subject to the Beijing Third Intermediate People's Court and other jurisdictions. The agency freezes, the freezing time is three years from the date of freezing; the company shares held by it are all waiting for the freeze, and the waiting period is 36 months.
LeTV.com said that all the pledges of Jia Yueting have touched the closing line agreed by the agreement. The progress of Jia Yueting’s holding of the company’s stock is affected by the pledge of its stock and the state of freezing. The company recently received the “Civil Ruling”, the company exists. Loss of control of the relevant holding subsidiaries or shareholding subsidiaries, the risk of shareholder rights.