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What is the new shareholding structure of LeTV?
At present, the shareholding structure of LeEco Zhixin is as follows: LeEco holds 40% equity of LeEco Zhixin and remains the controlling shareholder; Jiarui Huixin holds a 33% stake in LeEco Zhixin and is the second largest shareholder of LeEco Zhixin.
Although Sun Hongbin has mastered the real power in the business of LeTV's listing system, he is not the largest shareholder of LeTV, LeTV Zhixin and LeTV Pictures.
However, Sun Hongbin is already preparing for its controlling position in the company. 1 16 10 16, Sunac China announced that in order to meet the development needs of LeTV, Tianjin Jiarui, a subsidiary, agreed to provide LeTV Zhixin and LeTV with two loans of 500 million yuan and1290,000 yuan respectively for the general working capital of the two companies. In addition, Sunac Real Estate, a subsidiary, provides guarantees for existing debts and new debts of LeTV with a total amount of no more than 3 billion yuan. According to insiders, Sun Hongbin intends to further gain the controlling rights of LeTV Zhixin and LeTV through a series of actions.
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