Uncertain Jia Yue Pavilion overseas Remote Control music

Yesterday, the video network on the interactive platform of the Shenzhen exchange, said, "Jia (Jia Yue Pavilion) currently does not return to the mainland has the company's overseas strategic landing and personal physical factors, because of the complexity and hardship of overseas work than we expected, Jia is always overseas, and this also brings many discomfort to his body, need some time and environmental rest, But it does not affect their own participation in the company's major issues of discussion and decision-making. "Over the past few months, every time I have communicated with investors or organizations, the video network has almost had to deal with the whereabouts of the founder Jia Yue Pavilion," he said. As the soul of the Jia Yue Pavilion for a long time overseas undecided, while the negative rumors continue, the share price is difficult to boost, has been near the lowest point of the year. On the one hand, in the mainland and overseas expansion, the establishment of the ideal kingdom, on the other hand investors have doubts, 4.5 billion financing still can not fall bag for Ann. The music in the whirlpool seems to dance between the ice fires.

Jia still overseas remote control business

According to music insiders revealed that at present, Jia Yue Pavilion overseas through the micro-letter group, mail, telephone and other arrangements for work. "The company has established a stable team, the strategy has been clear, more tests from the team's executive power, so Jia (Jia Yue Pavilion) does not affect the implementation of the company's strategy in the mainland," said Le. ”

At this time, Jia Yue Pavilion has been abroad for five months, South reporters from the source learned that "Jia Yue Pavilion in Hong Kong did not long ago a small operation." "Le See insiders also admit this matter, and said Jia Yue Pavilion recently good health, as for the return, it still cannot confirm."

For the five months, the PR staff of Lok-vision have been struggling with all kinds of negative events. First, the policy of the SARFT issued repeatedly pressure music to see the share price, Le video network "initiative and CCTV jointly on the cooperation of the Internet set-top box on the violation of the problem to rectify", while stopping the sale of Internet set-top boxes. Although the claim that its "platform + terminal + content + Application" Ecological model will not change, but the market is still suspicious. At the same time in the mainland business suffered a major crisis, as the chairman of the Jia Yue Pavilion is still overseas, causing a variety of market speculation. Last week, there are even "extradited" rumors, Le Video network yesterday to south all reporters said that Jia Yue Pavilion in the normal management company, the market rumors is pure rumors.

At present, the Jia Yue Pavilion in the overseas promotion strategy landing behind the reason, the market has more speculation. Motritein, chief executive of the international division of Music, said in a written reply to reporters in South China that he plans to prepare for the entire overseas project, at least three years ago. "At the end of February this year, Jia officially launched the entire overseas business." At that time, Jia always let me lead the whole overseas (work). According to its introduction, le Video network, music and video pictures, net wine network in overseas expansion are advancing. In addition, Motritein said, "Our business model has been a huge success in the mainland, and the only way to do that is to run as fast as we can." Therefore, I feel that this has nothing to do with the policy, at least I feel that there is no direct relationship. ”

4.5 billion does not have the following financing ability for short board

In addition to the whereabouts of Jia Yue Pavilion, the focus of the market is also on the 4.5 billion financing plan can be successfully promoted. Lok Video Network October 27 suspended, some market participants said that the Lok optic network suspension may mainly involve refinancing and other asset changes. Le Network Investor Affairs Department to south all reporters replied that the suspension is due to the planning of major matters, but the specific issues, inconvenient to disclose. However, some financial analysts to the South have said that, if it is because of the meeting, the video network should be publicly disclosed, "at least when the start of the suspension, should not be the reason." ”

Allwin Consulting (A V C) data show that this year, the Super TV line sales accounted for more than 20% more stable, or even more than 30%. This also means that, on average, one of the 4-5 TV sets is a super TV. With the sale of the video Super TV, the amount of money that the hardware terminal occupies must increase.

According to the third-quarter financial results, the short-term loans at the end of the year were 13, 8.9 billion yuan, a 43.2% increase over the earlier period, and a long-term payment of 100 million yuan, which was increased by 455.53% at the beginning of this year, mainly due to the increase in financing leases. In addition, the company's Monetary Fund was 4 $200 million, which was reduced by 30 in the year to 85%, as a result of the purchase of new payments by the main subsidiaries, with a 689 million yuan inventory, which grew by 369.58% at the beginning of the year, resulting in increased terminal business growth and consolidation.

Jia Yue Pavilion also admits that money is a short board of music. Jia Yue Pavilion said that after the online market, the total equity financing is only more than 700 million yuan, music depending on the efficiency of the funds is very high, in turn, the financing ability is very deficient, because music has not been in line with international capital. At the same time Jia Yue Pavilion said, "Now in doing additional, is awaiting approval." The operation efficiency is higher, the financing ability is inferior, this is one of the reasons which hinder the rapid development of the le-vision ecology, so we are now hoping to make the short board quickly, and really use some reasonable capital to promote the rapid development of the business. ”

According to the announcement of the August this year, the proposed private equity financing of 4.5 billion yuan. Among them, Lok see holding will contribute 1 billion yuan, Citic Securities capital of 500 million yuan, blue giant investment 1.5 billion yuan, Ningbo long Yuan capital investment 1 billion yuan, Kim Thai public and investment 500 million yuan.

However, the private issue of the stock price benchmark 34.7 yuan per share has been higher than the Lok video network before the closing close of 33.51 yuan per share. The former analyst told reporters in the south that the introduction of the music is strategic investors, the current view will not be affected by the price below the benchmark price.