According to the announcement issued by LeTV yesterday, it was confirmed that the Board of Directors recently received resignation reports from directors and general manager Liang Jun, deputy general managers Gao Fei, Sharla Cheung, Jiang Xiaolin and Yang Yongqiang. Moreover, these people have resigned from other positions in the company and no longer hold any positions in LeTV, which can be described as "naked resignation". Letv said that before the new general manager takes office, the company's board of directors will perform the duties of general manager on his behalf, and the board of directors is also actively looking for candidates for general manager.
It is worth noting that LeTV also said in the announcement yesterday that it had sent another letter to remind Jia Yueting and Jia Fangyue to continue to fulfill their previous loan commitments to LeTV. The so-called loan commitment originated from Jia Yueting's plan to reduce its shareholding in LeTV within six months at the end of May 20 15, which caused great market volatility. Therefore, Jia Yueting promised to lend all the reduced funds to LeTV for 60 months. Since then, he further promised that after the listed company made repayment, he would use all the funds obtained from the repayment to increase his shareholding in LeTV.
However, according to the information disclosed by LeTV, through two reductions, Jia Yueting cashed in about 6.5 billion yuan, but the peak of its loan to LeTV was only 3.6 billion yuan. And this 3.6 billion was later taken away by Jia Yueting. Especially in February of 20 16 and 16, the capital chain crisis of letv broke out, and Fang Jia swept away more than 2.4 billion yuan. In May this year, Fang Jia even recovered all the remaining loans of more than 2.6 million yuan, so far LeTV has no loan relationship with Jia Yueting. Jia Yueting's move even attracted the attention of Shenzhen Stock Exchange. Letv urged Jia Yueting to honor its promise in September this year, and this time it urged Jia Yueting.