Jia Yueting is still the largest shareholder of Sun Hongbins music video stock.

category:Society
 Jia Yueting is still the largest shareholder of Sun Hongbins music video stock.


Music network has exposed a huge loss of 13 billion 880 million yuan in 2017 earnings report, yesterdays share price soaring. Yesterday morning, the stock market share price rose high, the highest rise of 7.94% in the day, although the afternoon after a drop, but the day is still up 4.08%, seems to have no relationship with the annual report of the previous nights huge loss of 13 billion 880 million yuan. As the music network in 2016, there are still 555 million yuan of profits, so this year in January this super billion yuan of the natural loss of the outside world. At that time, the music network explained that the cause of huge losses was sustained by the funds of the affiliated parties, the influence of the liquidity wave, the continuous fermentation and expansion of public opinion, the great impact on the reputation and credit degree of the company, and the companys advertising revenue, terminal income and membership income and so on. At the same time, the companys daily operating costs (such as CDN costs, amortization costs, etc.) and financing costs continue to increase, resulting in a loss of operating profit of about 3 billion 700 million yuan. In addition, considering the influence of the risk and recoverability of the associated party debt, the company is expected to prepare for the bad debts of the related party receivables to be about 4 billion 400 million yuan. In addition, the company management, out of prudent consideration, identifies and judges the impairment risk of long-term assets such as film and television copyright and financial assets for sale in intangible assets. By preliminary calculation, the company is expected to prepare some 3 billion 500 million yuan for the reduction of some long-term assets. Although music network has done a lot of bad considerations on many unknown factors at that time, the 2017 annual report of the day before the day before was formally released from the outside world, because the actual loss was more than expected to increase by 2 billion 200 million yuan, up to 13 billion 880 million yuan. Among them, after a comprehensive inventory and asset impairment test of the assets that may be devalued by companies and subsidiaries in 2017, the loss of assets in 2017 was 10 billion 882 million yuan, of which the impairment loss of intangible assets was 3 billion 280 million yuan, and the loss of bad debts was 6 billion 94 million yuan. This means that the loss of LETV in 2017 is about 2000000000 yuan more than expected, mainly because the increase in impairment is expected to increase by nearly 3 billion yuan. The Beiqing newspaper reporter saw from the 2017 financial report of the music network that four of the top ten shareholders associated with Jia Yue Ting had been frozen, and the total freezing amount reached more than 30% of the share of the music view network. Among them, Jia Yueting is still the largest shareholder in the music network, with a shareholding ratio of 25.67%, about 1 billion 24 million shares, all frozen at the moment and 1 billion 19 million shares at the same time. Liu Hong, co - founder of the music view with JJT, was the third largest shareholder in music vision network, with 122 million shares holding 3.07%, which had all been frozen and close to 120 million shares. Jia Yuetings brother, Jia Yuemin, is the fourth largest shareholder, holding 88 million shares, and all of them are frozen. At the same time, they have nearly 87 million shares in pledge. Music as the tenth largest shareholder of music network, holding nearly 24 million shares, all frozen and pledge. Concern: accountants are unable to express their views on the annual report of LETV. The annual report of the music network should have been disclosed in the evening of April 24th, but the company announced that the audit work was still under way and the annual report should be delayed by two days. It is understood that the music network replaced the accounting firm at the beginning of this year. At the time, the company said that the company has been in deep communication with the CPA firm, and the CPA firm has already understood the status and problems of the company. However, due to the limited time, it is necessary to postpone the disclosure of the 2017 annual report on the basis of prudence. However, Beiqing newspaper noted that despite the delay of two days of disclosure, the CPA firm still issued a inability to express opinions on the 2017 annual report of the music network. In this regard, the accounting firm said its inability to express content included accounts receivable and other receivables, impairment of intangible assets, and the content of the payable. Source: Beiqing Net - Beijing Youth Daily editor: Gu Ying _NN6577