February 23, LeTV clarification, as of now, Ka Ruixin Huixin has paid in accordance with the agreement to complete the payment of all the funds, the corresponding equity transfer procedures have also been completed.
Recently, some media reports said Rongchuang China's investment in music as of now or not yet fully transferred the equity.
LeTV as another notice that the company's share price rose abnormally for three days in a row, after verification, the controlling shareholder of the company stock trading in the company during abnormal fluctuations in the stock trading.
The following is a lottery to clarify the announcement:
LeTV Information Technology (Beijing) Co., Ltd. to clarify the announcement
First, the rumor situation
Recently, LeTV Information Technology (Beijing) Co., Ltd. (hereinafter referred to as "the company", "LeTV" or "listed companies") noted that some of the online media reported that "the big bottom: Sun Hongbin Music as Yang seeking prism "and other articles, reported that:
"Prism" was informed that Rongchuang China equity investment in music as of now or not yet fully transferred. & rdquo;
Second, clarify instructions
On January 13, 2017, LeTV Information Technology (Beijing) Co., Ltd. (hereinafter referred to as "the Company" or "LeTV") disclosed the Announcement on Major Events of the Company and Introduction of Strategic Investors Number: 2017-012). Tianjin Jia Rui Huixin Enterprise Management Co., Ltd. (hereinafter referred to as "Rui Jia Rui Huaxin") strategic investment LeTV and music as the new electronic technology (Tianjin) Co., Ltd. (hereinafter referred to as " December 5 announced the "announcement on the completion of industrial and commercial shareholding subsidiaries to change," music as the new name has been renamed as the new music as the wisdom of Electronic Technology (Tianjin) Co., Ltd.).
Jia Rui Huixin strategic investment LeTV and Music as the new program: 1, the controlling shareholder of the company and Mr. Jia Yue Huairin Huarui signed the "share transfer agreement." Mr. Jia Youting paid a total of 170,711,107 tradable shares of Lotte, accounting for 8.56% of the total share capital of the Company, at a price of 35.39 yuan / share by way of agreement transfer. 2, Jia Rui Hui Xin strategic investment into a new division into the transferee of the old shares and subscribe for additional registered capital of two parts: Jia Rui Hui Xin will be respectively transferee LeTV and Xinle Asset Management (Tianjin) Partnership (Limited Partnership) RMB29,235,435 and RMB44,178,251 as held by LeTV, respectively, with the transferee prices of RMB2,301.66 million and RMB2,648.24 million respectively, and Credit Suisse subscribed by LeTV as the newly added registered capital of RMB3.0 billion of Renminbi 31,245,271 yuan.
On March 9, 2017, the transfer of new music equity and capital increase from business to business has been completed.
On March 30, 2017, the Company disclosed the Announcement on Regulating the Transfer of Shares of Some Companies Due to the Controlling Shareholder Agreement, which disclosed the following:
"On March 30, 2017, the Company received the Confirmation of Transfer of Securities Registration issued by Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. This time, 170,711,107 shares of Lotte Network transferred by Mr. Jia Yueting to 35.39 yuan / share agreement have been transferred All registrations completed to Regal Huixin, and Regal Huixin has paid the full amount as agreed in the agreement. & rdquo;
As of now, Ka Ruixin Huixin has paid all the investment money in accordance with the agreement, and the corresponding share transfer procedures have also been completed.
Third, the relevant risk warning and other instructions
As confirmed by the board of directors of the Company, as of the date of this announcement, there was no undisclosed matter that should be disclosed in accordance with the Rules Governing the Listing of Stocks of Shenzhen Stock Exchange and other relevant laws, rules and regulations.
Fourth, necessary tips
The designated media for information disclosure of the Company are China Securities Journal, Shanghai Securities News, Securities Times, Securities Daily and www.cninfo.com.cn, the information disclosed by the Company is disclosed in The contents of the above designated information disclosure media shall prevail.
Please investors rational investment, pay attention to investment risk.
Music Watch Information Technology (Beijing) Co., Ltd.
Board of Directors
February 23, 2018