Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens for the delivery of clues about the past. CTOnews.com September 22 news, according to the Securities Times, learned from lawyers that Leeco first instance judgment, according to the Beijing Financial Court judgment, the defendant Leeco Information Technology (Beijing) Co., Ltd. within 10 days from the effective date of this judgment to the plaintiff investors to pay the investment difference loss, commission, stamp duty and other compensation totaling nearly 2.04 billion yuan.

According to the report, the defendant Jia Yueting is jointly and severally liable for the losses of the plaintiff investors with the defendant Leeco. In terms of intermediaries, the defendant Ping an Securities is jointly and severally liable with the defendant Leeco for the loss of the plaintiff's investors within 10%.

According to CTOnews.com, citing the Securities Times, after the Leeco financial fraud case, the Shenzhen Securities Regulatory Bureau issued a notice of administrative supervision measures to Ping an Securities in advance, intended to order Ping an Securities to correct and suspend the qualification of sponsor institutions for three months, and identified the sponsor representative of Leeco's IPO project and the person in charge of the recommendation business as inappropriate personnel for 5-10 years. Other relevant personnel such as the corresponding compliance business have been taken measures such as regulatory talks.

In August last year, the Beijing Financial Court ruled to enforce the administrative penalty imposed by the Securities Regulatory Commission on the 240 million yuan fine imposed on Leeco.

In this regard, Letv video issued a notice saying that "the road to step by step to pay off the debt bit by bit":

The first priority of the company at present is the stability of the employees, the stability of the employees and the stability of the company's business. As for whether the company owes 12.2 billion or 12.44 billion due to historical reasons, the whole staff of the company will face it calmly. After all, the road is to go step by step, and the debt has to be repaid bit by bit. The stability of 400 employees means that 400 families are stable; if 400 families are stable, the "small and micro society" made up of these 400 families is also stable; only by maintaining the stability of every enterprise in this "small and micro society" can it not cause chaos to the stability of the country and the "big society".

Letv made the last layoff as early as the fourth quarter of 2019, and at the beginning of the epidemic in 2020, he cut wages for all staff, carried out "passing on the cold to everyone" mentioned by Ren three years ahead of schedule, and began to "pursue profits and cash flow." implement the "survival as the most important program". Take the television business as an example, in 2020, compared with 2019, revenue decreased by more than 30%, gross profit increased by more than 60%, gross profit increased from 14% to 35%, and revenue decreased by an average of 15% in 2021 and 2022, but the gross profit remained basically unchanged. The financial situation has improved for three consecutive years.

The last sentence, in fact, only we know: "immortal days are seen by others, sweat and bitterness are swallowed by ourselves."

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