LeTV issued an announcement on the evening of April 29 saying that the company and the largest shareholder Jia Yueting received a notice from the Securities Regulatory Commission on the afternoon of the 26th and 29th.The announcement shows that because of LeTV and Jia Yueting's suspected information disclosure of illegal and violations, according to the relevant provisions of the Securities Law, the CSRC decided to investigate the company and Jia Yueting.
During the investigation of the case, the company and Jia Yueting will actively cooperate with the investigation of the CSRC, and strictly follow the supervision requirements to perform the information disclosure obligations.
