LeTV's 2017 Annual General Meeting of Shareholders was held today. Liu Shuqing, Chairman of the Board of Directors of LeTV, Zhao Kai, Secretary of the Board of Directors, and Zhang Wei, Chief Financial Officer, attended the meeting. A total of 22 shareholders and shareholder representatives attended the meeting.
According to a report by the “Yan News”, the focus of the shareholders at the meeting was the operation of LeTV.com and its relationship with the founder and Jiayue Ting, the largest shareholder.
In this regard, Liu Shuqing said that other business sectors of listed companies face heavy historical debt and financial difficulties. The company's employees are also exploring opportunities for business development. At present, preliminary attempts have been made in the field of short video.
On the issue of Jia Yueting’s debt, Liu Shuqing said: “We are also actively making some efforts in recovering the arrears.” In addition, she also revealed that the new generation of LeTV super TV research and development is nearing completion and will be available in the second half of the year.
In talking about the cooperation between Jingdong and Tencent, Liu Shuqing said that the situation of capital increase is underway, and the content integration of Tencent is also underway.