At the mentoring session of the 2016 (15th) China Business Leaders Annual Meeting, Jia Yueting, who was recently in the air, gave a speech in response to almost all questions about LeTV.
Jia Yueting said that in the past month, every day was surrounded by a variety of media and voices, and almost every day LeTV is a headline. Some even said that it was a Ponzi scheme, a Deron system, a bankruptcy, etc., and even alerted the finance ministers in a certain state in the United States. All sorts of sensational labels hit LeTV.
1. How to explain the decline of LeTV stock?
Jia Yueting: On the morning of December 6, from the data point of view, LeTV's share price has dropped abnormally. This may be a major issue that interferes with the plan we are planning. Now we have applied for suspension and verified the cause of the transaction. . However, LeTV's integration at the capital level is still progressing smoothly. In addition, there are still friends who are very determined to support LeTV mode, recognize LeTV mode, and many people believe that the Internet ecosystem model can represent the future. LeTV's super TV is still adept. ?
2. What is the performance of LeTV? ?
Jia Yueting: In 2016, LeEco's entire ecological revenue should be able to exceed 50 billion, compared with more than 18 billion last year. LeTV's sales revenue is still advancing by leaps and bounds, achieving a rapid growth of 100-200%. ?
3. What are the factors that cause LeTV to have problems? ?
Jia Yueting: In terms of Super LeTV, the past year has achieved very high results. 2016 is the fastest growing brand in the world. No one will sell more than 20 million units. LeTV's mobile phone needs to reflect on the fact that the mobile phone's supply chain model has great pressure on LeTV's own cash flow. That is to say, in the high-speed running, the rapid growth of mobile phones has become an important reason for LeTV's wrestling. ?
4. Is it eager to be a car? ?
Jia Yueting: To a certain extent, LeTV is the most suitable company in the world to be an Internet electric car. Many people think that LeTV is a video website and what is the relationship with the car? So building a car is just a story. In fact, on the contrary, LeTV has accumulated the underlying Internet and computing technologies, AI platforms and sharing platforms over the years. We have mastered the TV technology, mobile phone technology and UI technology and top-level technology through smart terminals. These are the most next-generation cars. The most core value. As long as we really lead the revolution in the automotive industry, there may be companies that surpass Apple. In this world, which companies can have this opportunity, whether LeTV can have this opportunity, we are willing to give it a try. ?
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