Tencent Technology News, on March 13th, in mid-teens, LeTV was pulled up, and 700,000 contracts were sealed. The transaction exceeded 800 million yuan to 6.16 yuan/share, up 0.56 yuan.
Prior to this, on January 24th this year, LeTV resumed trading and suffered 12 consecutive stoppages. The market value evaporated by nearly 42 billion yuan. On February 22, LeTV subsequently ushered in the first daily limit after a 12-day losing streak. At the close, LeTV.com closed at 4.86 yuan, with a turnover of 1.27 billion yuan, a turnover rate of 9.22%, and over 500,000 hands on the daily limit board sealed the daily limit, with a total market value of 19.389 billion yuan.
On February 27 this year, LeTV.com announced its 2017 results. The announcement showed that LeTV.com's total operating income was 7.462 billion yuan last year, a decrease of 66% compared with the previous year. Operating profit loss was RMB 15.759 billion, a decrease of 4569.40% from the same period of last year.
It is reported that LeTV has attributed the sharp drop in profit to three points. One is that under the condition of increasing operating costs, the brand has been negatively impacted, causing the core business performance to decline. The 7.9 billion yuan provision for bad debts and impairment provisions at the last two points also brought a huge burden on them.
In Jia Yueting’s case, on March 1st, LeTV announced that the company had confirmed with Jia Yueting’s email that as of now, all of its stock pledged repo transactions have reached the agreement closing line, and Jia Yueting’s all stock pledged repo transactions All have been breached.
However, for the solution, LeTV said it has not received any plans or arrangements for Jia Yueting’s disposal of LeTV.com’s shares, and the progress of Jia Yueting’s holding of the company’s shares has been subject to the stock’s pledged and frozen status. influences.