Music inspector Financial Controller: this year whether the music network will be delisted is still uncertain.


Music inspector Financial Controller: this year whether the music network will be delisted is still uncertain.

Sina Technologies News on the morning of October 15, according to the announcement released on the 10th by LTV, the company held the third provisional shareholders meeting in Beijing on Monday, 2018, to vote on the board of directors to change. The deliberations of the meeting included: the motion on the election of the company's board of directors and the nomination of candidates for non-independent directors for the fourth session of the board of directors; and the motion on adjusting the daily related party transaction forecast for 2018.

In response to a question from the scene, Le Video Finance Director Zhang Wei said it was still uncertain whether Le Video would be delisted at the end of this year. "The company has no particularly effective way to change the current situation, for the end of 2018, can still meet the listing conditions, the company has not yet been particularly clear method."

Zhang Wei also said that LTV lost 1.5 billion yuan in the third quarter mainly due to copyright amortization costs and debt financial costs, there is no effective way to improve the current situation.


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