On April 19th, the music network closed up in the afternoon, and the list reached 600 thousand hands, with a turnover rate of nearly 10%.
In the evening of April 18th, the music network announced that, as of now, the investors in Xinle who have reached investment intentions include Tencent, Jingdong, Suning sports, TCL and so on.
Affected by this news, in the morning of April 19th, LETV opened up 7%.
The following is the bulletin of the music view network:
LETV information technology (Beijing) Limited by Share Ltd
Announcement on the company's progress in capital raising and related party transactions
All members of the company and its board of directors guarantee that the information disclosure is true, accurate and complete, without any false record, misleading statement or major omission.
1. In this bulletin, each transaction (including the increase of the investors announced in January 2, 2018 and March 29th) and the amount of the increase are the results of the initial communication between the company holding subsidiary and the parties, and the necessary relevant work and internal approval procedures need to be carried out according to their respective needs.
2. The capital increase plan of the company has the possibility and risk adjusted by the investors, the amount of capital increase, the way to increase the capital and the valuation of the bid, and the result will be based on the final signing of the capital increase agreement.
3, before this increase, the shareholding structure of the controlling stock company is 40.31% of the shareholding of music view net, 33.50% of Tianjin Jia Rui, 18.38% of holding holding holding, and 7.81% of the other shareholders. After the capital increase, the shareholding ratio of LETV will be diluted, and the shareholding ratio of LETV will be reduced to 33.46% after the capital increase.
At the same time, the 18.38% shareholding held by the shareholders of the controlling shareholder of the company is frozen, and some or all of them will enter the judicial auction process. The company has the risk of losing control of the controlling shareholder by being auctioned off by a share holding company.
4, up to now, the company has pledged 34.9398% of the total registered capital of Xinle's intellectual capital to Tianjin Jiaxi Xin Enterprise Management Co., Ltd. and Rong Chuang Real Estate Group Co., Ltd.