What's the matter with Jia Yueting's debt exceeding 7 billion yuan? Why does Jia Yueting owe more than 7 billion yuan? According to the news on April 24, we learned from the trial information network of Beijing court that recently, the third intermediate people's Court of Beijing made an enforcement ruling on the dispute over the creditor's rights between Huarong securities and Jia Yueting, freezing and transferring Jia Yueting's bank deposit of more than 790 million yuan, interest and liquidated damages, and the enforcement cost of more than 950000 yuan was also borne by Jia Yueting.
LETV issued another warning announcement on the risk of suspension of listing. The net assets of the company in 2018 are expected to be negative, and the listing of the company's shares will be suspended. Net profit in 2018 is expected to be a loss. Shares will be suspended from April 26.
LETV: Jia Yueting's shares have been reduced by 40.28 million shares, and its listing will be suspended
News on April 19? LETV announced that as of April 18, 2019, Jia Yueting's shares had decreased by 40286133 shares compared with January 15, 2019, accounting for 1.0098% of the company's total share capital, all of which were passive reduction due to judicial disposal.
According to the announcement, the listing of the company's shares will be suspended in the remaining four trading days from the scheduled disclosure date (April 26) if the net assets attributable to the parent company are negative or the audit report is unable to express opinions, and the trading of the company's shares will be suspended from April 26.