LeTV: Debt issue is still communicating with Jia Yueting Super TV new product in the second half

- Jun 22, 2018-

LeTV.com's 2017 annual general meeting of shareholders was held today. Liu Shuqing, the general manager of LeTV.com, the board secretary Zhao Kai, and the chief financial officer Zhang Hao attended the meeting. A total of 22 shareholders and shareholders attended the meeting.

According to a report by the “Yan News”, the focus of the shareholders at the meeting was the operation of LeTV.com and its relationship with the founder and Jiayue Ting, the largest shareholder.

In response, Liu Shuqing stated that the other business segments of listed companies face heavy historical debt and financial difficulties. The company’s employees are also exploring opportunities for business development. At present, preliminary attempts have been made in the short video field.

Regarding Jia Yueting’s debt problem, Liu Shuqing stated: “We are also actively making efforts to recover debts.” In addition, she also revealed that the new generation of LeTV super TV is nearing completion and will be available in the second half of the year.

Regarding the dynamics of cooperation with JD.com and Tencent, Liu Shuqing stated that the situation of capital increase is ongoing, and content integration with Tencent is also under way.