On June 28th, at the shareholders' meeting of listed companies, Jia Yueting said that since last year, LeTV has paid more than 654.38 billion yuan to repay most financial institutions, but there have also been some runs. At present, LeTV is actively communicating with financial institutions. On the basis of ensuring interest return, we hope that more money will be spent on business, so that business can return to normal as soon as possible, forming a virtuous circle and fundamentally protecting the interests of financial institutions.
Now both the listing system and the unlisted system of LeTV are affected. LeTV's business in super tv, which has always been regarded as a quality asset, has also changed. The affiliated company of LeTV Super Foxconn has withdrawn its capital from LeTV Zhixin and stopped the OEM of LeTV super tv. Letv video was exposed to more than half of layoffs and will not buy copyright to self-made dramas.
654.38+23.7 million assets were frozen.
On July 3, the media quoted people familiar with the matter and learned that a document issued by the Shanghai Higher People's Court on June 26, 20 17 showed that China Merchants Bank Shanghai Chuanbei Branch applied to the Shanghai Higher People's Court for property preservation on June 26, 20 17, and the application was ruled by the court to be in compliance with the law.
The court ruled that the bank deposits of Lefeng Mobile Hong Kong Limited, LeTV Mobile Intelligent Information Technology (Beijing) Co., Ltd., LeTV Holdings (Beijing) Co., Ltd. and Jia Yueting and Gan Wei totaled RMB 65.438+0.237 billion, or other equivalent properties were sealed up or detained.
Sunac still has 2.5 billion yuan of investment outstanding.
The Beijing News (Reporter Li Chunping) In addition to the frozen assets under its name, a tracking report on Sunac bonds obtained by the Beijing News reporter yesterday showed that as of May 24, out of the 654.38+05 billion yuan invested by Sunac in LeTV, 2.5 billion yuan remained unpaid. The rating agency also indicated that Sunac's investment in LeTV is large, which may affect the future operation of Sunac China.
According to the tracking rating report of Sunac's bonds issued by United Credit Rating Co., Ltd. on June 16 this year, Tianjin Jiarui Huixin, actually controlled by Sunac China, invested RMB 15045438+0 billion to acquire the equity of LeTV, Xerox Film and LeEco Zhixin. As of May 24th, 20 17, all the above purchase funds have been paid except about 2.5 billion yuan, and the industrial and commercial changes have been completed. Sunac China has sent management personnel to settle in the above-mentioned invested company.
On March 30th this year, LeTV.com announced that Sunac had invested 654.38+0.5 billion yuan to help LeTV, and had paid 654.38+02.553 billion yuan. Since then, LeTV has not announced the progress of Sunac's payment of funds. This means that in the past two months, Sunac has no intention of paying.
At the 20 16 annual shareholders' meeting of letv on June 28th, Jia Yueting, the chairman of letv, said frankly, "the problem of funds in the unlisted system is far more serious than we thought. After repaying/kloc-0.5 billion yuan, there is still no follow-up financial support from financial institutions. "
In June of this year, 5438+ 10, Letv announced that Tianjin Jiarui Huixin acquired 8.6 1% equity of Letv, with an acquisition amount of 60.4 1 100 million yuan; Acquisition of 0/5% equity of LeTV Pictures/KLOC-with the acquisition amount of105 million yuan; Acquired 33.50% equity of LeEco Zhixin for 7.95 billion yuan.
According to the rating book, after the acquisition, LeTV, Leshi Film and Leshi Zhixin will become the joint ventures of Sunac China, and Sunac China will invest in LeTV, Leshi Zhixin and Leshi Film, which will have a significant impact on the operation of related sectors. Long-term equity investment will be accounted for according to the equity method, and the fluctuation of stock price will not affect the profit of Sunac China. The annual net profit of the invested company multiplied by the equity ratio will be included in the profit of Sunac China.
"The above transactions can optimize the asset structure allocation of Sunac China and promote the diversified development of investment. As the main real estate developer of Sunac China in China, the company can carry out in-depth cooperation with LeTV in industrial real estate to achieve a win-win situation. However, the large-scale investment in LeTV may affect the future operation of Sunac China, thus weakening Sunac China's support ability and support for the company as the controlling shareholder of the company. " The rating agency said in the report.
We should continue to pay attention to how specific events develop. Shopping malls are like battlefields, and the final result is really hard to predict.