Regard to new losses of 47.34 million yuan last year, back to 500 million


(/qing wen nan)

last night, holding parent company le networks announcement said the joint xin le asset management (tianjin) partnership (limited partnership) common to Letv new capital increase of 500 million yuan. Among them, the miniaturization: given 405 million, xin le assets of 095 million yuan.

this is also the investment of foxconn, Letv new latest capital transactions.

happy to new main business as super Internet TV and Internet set-top box sales. Announcement, according to Letv new 20193523 currently registered capital is 90000 yuan, the networks has a 51.54% stake. Foxconn’s 20% stake (via shenzhen crown ding construction engineering co., LTD. Investment).

as of December 31, 2013, Letv send new total assets of 777.8 million yuan, net assets of 374 million yuan, 2013 annual business income is 724 million yuan, the operating loss of 68.16 million yuan, a net loss of 47.3408 million yuan. As of March 31, 2014, Letv send new total assets of 1.085 billion yuan, net assets of 293 million yuan, 1 – March 2014 operating income of 474 million yuan, operating loss 10766 yuan 10766.22, a net loss of 880.09 million yuan.

the capital increase, le networks will be in 405 million yuan subscribed Letv new added registered capital of 51.114857 million yuan, after the capital increase accounted for 58.55% of the total amount of capital contribution (capital and avant-garde. 51.54%). Current investment fund of 51.114857 million yuan into Letv new registered capital, the rest 35388514 yuan ($30000) for the Letv new capital reserves. Xin le asset management will be in 95 million yuan subscribed Letv new added registered capital of 11.989905 million yuan, after the capital increase accounted for 19.00% of the total amount of capital contribution (before the capital increase of 20%). The capital increase, Letv holdings (Beijing) co., LTD., Beijing bei eyebrow hon technology co., LTD., shenzhen city crown ding construction engineering co., LTD. Giving up subscribed investment priority.

happy networks announcement said the capital increase is in order to further optimize the structure of music to new equity, to promote music depending on the smooth implementation of the new strategic planning. At present, in the video Letv has been in the industry take the lead in establishing the content of the “platform + + terminal + application” of the whole industry chain business model, the intelligent terminal products is the core of the company’s strategy of “terminal”. Le regard are increased by the time to continue to regard to new control, so that the future can be attract strategic investors, financing ways, to achieve the purpose of optimizing equity structure.