LeTV.com announced on November 24 that it would extend its reply to the Shenzhen Stock Exchange. Some issues of the "Letter of Concern" involve major operational and financial related data. The company is still verifying and confirming the relevant data. Therefore, it is currently unable to provide a complete reply. LeTVnet received an enquiry letter issued by the GEM Board Management Department this afternoon requesting the company to carry out the internal deliberation procedures for the implementation of the Leightse-to-New equity pledge procedure and the company's pledge to Sunac Real Estate and Tianjin Jiarui as of now. Explain the specific proportion of the new equity; and explain why the company did not consider and approve the new equity pledged to the related party, legality and compliance. On November 20th, LeTV announced that the company and its controlling subsidiary Leshi Zhixin Electronic Technology (Tianjin) Co., Ltd. plan to borrow RMB 1.29 billion and RMB 500 million respectively from Tianjin Jiarong, a subsidiary of Sunac. 10% per year (single interest). The above borrowed LeTV.com intends to pledge 13.553% equity and derivative interest in Levision, 47.21% equity interest in LeTV Cloud and its derivative equity to Tianjin Jiarui; LeTV will give 100% equity and its derivative of LeTV Investment. The equity was pledged to Tianjin Jiarui with a guarantee of RMB 500 million. In addition, through pledges of LeTV’s equity in new subsidiaries, Sunac Real Estate has conditionally agreed to provide guarantees for LeTV’s existing debt and new debt in a total amount of no more than RMB 3 billion. This series of pledges and guarantees attracted the attention of the regulators. LeTV.com received a letter of concern from the Shenzhen Stock Exchange. The Shenzhen Stock Exchange asked LeTV.com to make a detailed explanation on the RMB 1.79 billion borrowings from the related parties. Shenzhen Stock Exchange asked if the financial security or pledge will result in the listing if the relevant loan cannot be repaid. The company "empty shell." The Shenzhen Stock Exchange also requested LeTV.com to verify the truthfulness of Sun Hongbin, chairman of Sunac China, intending to launch a report on the new stock expansion plan, and to specify whether the increase in investment by Levision as a result of new investment in Levision will lead to new actual controllers. change. Subsequently, LeTV.com continued to receive an inquiry letter from the Shenzhen Stock Exchange today, saying that LeTV.com’s continuous supervision agency, Zhongde Securities, issued and disclosed that Sino-German Securities Co., Ltd. provided information about LeTV.com Information Technology (Beijing) Co., Ltd.’s loan for the company. Verification of Guarantees and Associated Guarantees. This opinion shows that, as verified by China Securities, on November 15, 2017, LeTV’s new equity interest in this related guarantee has been pledged to Sunac Real Estate. The Shenzhen Stock Exchange stated that it is required that LeTV.com details the internal review procedures for the implementation of Lehsee's new equity pledge procedures, and the specific proportion of LeTV’s new equity that LeTV has pledged to Sunac Real Estate and Tianjin Jiarui. At the same time, it explains why the company has not considered and approved the passing of Lexus's new equity pledge to related parties without passing the general meeting of shareholders, as well as its legality and compliance, and whether it violated the "GEM Stock Listing Rules" (as amended in 2014) and the company's internal management system. Related regulations; and whether the company's board of directors exceeds the authority to handle guarantee issues that have not been reviewed and passed at shareholders' meetings, and whether there is any damage to the legitimate rights and interests of listed companies and small and medium shareholders. Floating Board-to-Board Connectors Floating Board-To-Board Connectors,Side Plug Horizontal Docking Connector,Domestic Board-To-Board Connectors,2.0Mm Board To Board Connector Dongguan SOLEPIN Electronics Co., Ltd , https://www.wentae.com