Earlier, LeTV.com announced that as of now, the matters involved in the “unable to express opinions” in the 2017 annual audit report have not been completely eliminated. At present, the board of directors and management of the company are actively handling the corresponding issues. If the 2018 audit report is issued “cannot express opinions”, the company's stock will be suspended; the net profit attributable to shareholders of the listed company in 2018 is expected to be a loss.
If the net assets of the returning mother in 2018 are negative after the audit, the company's stock will be suspended; if the company's 2019 audit report and annual report do not meet the requirements for the resumption of listing as stipulated in the GEM Listing Rules (revised in November 2018), There is a risk that the company's stock will be forced to terminate listing.
Up to now, the on-site audit of listed companies has ended. LeTV's estimated key financial data shows that LeTV's operating income is expected to be 1.582 billion yuan in 2018, and the net profit attributable to shareholders of listed companies is 3.464 billion yuan to 3.965 billion yuan. The owner's equity attributable to the shareholders of the listed company is -23.95 billion yuan to 2.859 billion yuan.