Lok See announcement announces major issues, stock suspension

Yesterday, Le Video network issued a notice, said that because of the planning of major issues, the shares will suspend business since October 27.

The announcement shows that, in view of the uncertainty of the matter, in order to protect the interests of the broad masses of investors, to avoid the impact on the company's share price and bond prices, after applying to the Shenzhen Stock Exchange, the company's shares will suspend business since October 27, 2014, after the company disclosed related matters after the deal.

It is reported that this is the fourth time since July suspension. July 17 This year, the Internet set-top box by its own illegal and by the SARFT request rectification effect, the shares of Lok-vision net three consecutive days fell by more than 20%, its announcement of emergency suspension on 18th held an investor statement. After the music network issued a duplicate notice, said rectification is underway, and set-top box business on the company's performance of the direct quantification of small impact, controllable.

July 28, as a result of the planning of non-public issues of shares, Lok video network again suspended. Subsequently, because the media called Sarft criticized the music as a violation of the UI violations, the music network since the opening of August 21 temporary suspension.

Yesterday, the music network did not say that the specific reasons for the suspension, there are claims that the suspension involves Internet boxes and television business. It is noteworthy that Le Video network has been deeply involved in a number of rumors last week, media reports, the early one of the video network of an important investment party Huijin cubic actual control for a Shanxi high officials of the relatives of Lok Ma, and the head of the Jia Yue Pavilion has been staying abroad recently. The music network said its development is not dependent on government relations, Jia Yue Pavilion also said, and so the music as the entire deployment of overseas more solid, will return.