负债238亿元却花1.8亿炒股，乐视网回应：不是不还，是不知该怎么还

Core Viewpoint - LeEco plans to invest 180 million yuan in stock trading despite having a debt of 23.8 billion yuan, raising public concerns about prioritizing investment over debt repayment [1][5][7] Group 1: Investment Plan - LeEco intends to invest in various financial instruments, including new stock subscriptions on the Beijing Stock Exchange, stocks in the secondary market, and reverse repos, with a total investment cap of 180 million yuan [1][3] - The investment strategy includes a maximum of 30 million yuan in stocks, with at least 50% allocated to bank stocks and 80% to stocks in the CSI 300 index [3] - The company emphasizes that 150 million yuan of the investment will be in low-risk activities like government bond reverse repos, which they consider a safe investment [3] Group 2: Financial Situation - LeEco's total liabilities have increased from 21.37 billion yuan in 2020 to 23.63 billion yuan in 2024, while total assets are only 1.855 billion yuan [6] - The company reported a revenue of 115 million yuan for the first three quarters of 2025, a decrease of 2.88% year-on-year, with a net loss of 242 million yuan, widening from a loss of 173 million yuan in the previous year [6][8] - As of the end of 2024, LeEco's revenue from film and television distribution was 29.79 million yuan, and from internet services was 287 million yuan, totaling 188 million yuan after inter-segment eliminations [8] Group 3: Company Response - In response to public criticism regarding its investment strategy, LeEco stated that it is not avoiding debt repayment but is uncertain about how to manage its debts given its current financial situation [1][7] - The company maintains that its primary focus is on survival and operational continuity, as losing the company would sever communication channels with creditors, investors, and users [7] - LeEco's main revenue sources include paid membership services in the online video sector, short video operations, copyright business, and television distribution [7]