Escape time of LETV: Sun Hongbin has already cut the flesh of the organization

category:Finance
 Escape time of LETV: Sun Hongbin has already cut the flesh of the organization


According to Shenzhen Stock Exchange implementation measures for delisting companies of Shenzhen Stock Exchange (revised in 2018), gem does not accept the application for relisting. Therefore, LETV, as a gem company, cannot relist after delisting. These 30 trading days have become the last time for LETV shareholders to escape from the secondary market of a shares.

The first quarter report shows that as of March 31, the number of shareholders of LETV was 280700.

However, even as the largest shareholder of LETV, the delisting of LETV has little impact on Jia Yueting. Jia Yueting has pledged 857 million shares, accounting for 93.05% of the companys shares.

The securities companies that deal with the stock pledge have become the takeover man of the bottom. Oriental Securities, Founder Securities and Western securities are all involved. Western securities, the worst, was forced to withdraw 439.4 million yuan of asset impairment reserves, eating up 30% of its net profit attributable to its parent in 2017.

A number of institutional asset management plans have also failed LETV.

According to the simple equity change report released by LETV on the evening of June 3, on May 22, Zhixin cloud and Yingrui Huixin (controlled by rongchuang group through contract) signed the equity transfer agreement. Yingrui Huixin plans to transfer 100% of its equity (accounting for 8.56% of the companys total equity) of Jiarui Huixin to Zhixin cloud. After this equity change, rongchuang China will no longer hold LETV shares. Why did rongchuang choose to transfer the 8.56% equity of LETV acquired by Hao with 6 billion yuan three years later? On June 4, Shenzhen Stock Exchange issued a letter of concern to LETV, asking it to verify and explain the reasons for Yingrui Huixins transfer of 100% equity of Jiarui Huixin, the pricing basis and rationality of the equity transfer consideration of 0 yuan, and whether the relevant parties of financing and innovation have evaded the shareholding reduction limit system; Zhixin cloud, the transferee of the equity, as well as its controlling shareholder, actual controller and director , whether the supervisors and senior managers have any relationship with rongchuang group and Yingrui Huixin or any other hidden relationship, and whether there is equity holding on behalf of them. As of press release, LETV has yet to respond to this letter of concern. Source: Chen Hequn, editor in charge of 21st century economic report_ NB12679

According to the simple equity change report released by LETV on the evening of June 3, on May 22, Zhixin cloud and Yingrui Huixin (controlled by rongchuang group through contract) signed the equity transfer agreement. Yingrui Huixin plans to transfer 100% of its equity (accounting for 8.56% of the companys total equity) of Jiarui Huixin to Zhixin cloud. After this equity change, rongchuang China will no longer hold LETV shares.