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]

关于3000万元股票投资，根据乐视网公告显示将不低于80%投在沪深300指数成份股上，不低于50%投在银行股上，乐 视网这样的投资还是偏稳健的。关于历史债务问题，为什么有钱不还债。公司一直处于高负债经营状况，不是不还， 是不知该怎么还。况且公司当前的资金，在考虑保留基本的运营流动资金后，计算的清偿率不会高于1.5%，公司并不 排斥按这个比例清偿债务。 而这次的"炒股"事件，乐视称是想在不耽误主营业务的前提下，多挣点钱，"比起还债，公司活着是第一重要的事，也 是乐视人坚守的信念，如果公司没了，债权人、投资人和用户的沟通渠道也都没了。" 2020年7月，乐视网被摘牌，终止上市交易，乐视网股价当日收报仅剩0.18元。自创业板退市后，乐视网退至新三板交 易，且处于长期停盘状态。截至发稿时，乐视网总市值为12亿元。 12月4日，话题 # 乐视网负债238亿拟花1.8亿炒股 # 一度登上微博热搜第一。 据东方财经，对此，乐视方面回应称此炒股非彼炒股，这个事被"误读"了，其中的1.5亿元是"无风险投资"。 乐视表示，公司本次出发点是提升资金运营收益。虽然总额是1.8亿元，但其中不低于1.5亿元是用于打北交所新股和国 债逆回 ...

12月2日晚间，已经退市至股转系统交易的乐视网发布利用自有资金购买股票的公告。 公告表示，为了获得投资效益，在不影响公司主营业务正常发展的前提下，公司拟利用自有资金购买股票获得额外的资金收益。拟投资品种包括北交所新 股认购、二级市场自由买卖的股票、国债逆回购。投资额度为任意时点累计购买股票、国债逆回购、新股认购的投资本金总额不超过1.8亿元。 红星资本局12月4日消息，超过230亿元的巨额债务压顶，乐视网（400084.NQ）却再度抛出一份1.8亿元的炒股计划，引发市场关注。 此外，乐视网还公布了详细的"炒股计划"。其中，二级市场自由买卖的股票总市值不超过3000万元，且买银行股的比例不低于50%，买沪深300指数成份 股不低于80%。而参与北交所新股认购和国债逆回购总金额不低于1.5亿元。在该额度内，资金可以滚动使用，任一时点获得的累计净收益可进行再投 资，再投资的金额不包含在上述额度内。 这已是乐视网今年第二次公告投资炒股。 据悉，2024年，乐视网负债总额进一步升至237.63亿元，同期公司资产只有18.55亿元。 在业绩方面，乐视网于2025年10月30日晚间发布三季报，前三季度营业收入1.15亿元， ...

Core Viewpoint - LeEco plans to utilize its own funds to invest in stocks and other financial instruments to generate additional income while ensuring that its main business operations remain unaffected [1] Group 1: Investment Plans - LeEco intends to invest up to 180 million yuan in various financial instruments, including new stock subscriptions, secondary market stocks, and government bond reverse repos [1] - The company has set a limit of 30 million yuan for the total market value of stocks traded in the secondary market, with at least 50% allocated to bank stocks and 80% to constituents of the CSI 300 index [1] - The minimum amount for participating in new stock subscriptions and government bond reverse repos is set at 150 million yuan, with the ability to reinvest net gains without counting towards the investment cap [1] Group 2: Financial Status - LeEco's total liabilities have increased from 21.37 billion yuan in 2020 to 23.76 billion yuan in 2024, while its total assets are only 1.855 billion yuan [2] - The company's net assets attributable to the parent company are reported at -21.31 billion yuan as of 2024 [2] - The main revenue sources for LeEco include paid membership services in the online video industry, short video operations, copyright business, and television series distribution [2] Group 3: Business Operations - LeEco's core business is still operational, with a total of 159 employees as of the end of 2024 [2] - The company is known for its high-profile dramas, including "Empresses in the Palace" and "The Legend of Mi Yue," which continue to generate revenue through licensing agreements [2] - The production company behind "Empresses in the Palace," Huayi Brothers, has a long-term licensing agreement with LeEco that generates over 10 million yuan annually [2] Group 4: Shareholder Structure - LeEco's major shareholder, Jia Yueting, transferred his voting rights for 600 million shares (15.04% of total shares) to Zhixin Yunwang Enterprise Management (Tianjin) Co., Ltd. to maintain stability in the company's management [4][5] - Zhixin Yunwang has become the new largest shareholder and controlling entity of LeEco [5] Group 5: Communication with Major Shareholder - LeEco has disclosed that there has been no direct communication or email contact with Jia Yueting in recent years [7]

Group 1 - LeEco plans to invest in stock trading, with at least 50% allocated to bank stocks and a total investment cap of 180 million yuan [1] - The company has announced a detailed investment plan, including a maximum of 30 million yuan in secondary market stocks and a minimum of 1.5 billion yuan in new stock subscriptions and reverse repos [1] - This marks the second announcement of stock trading investments by LeEco this year, following a previous plan in April with a cap of 50 million yuan [1] Group 2 - LeEco has a significant debt burden, with total liabilities increasing from 213.71 billion yuan in 2020 to 237.63 billion yuan in 2024, while assets are only 18.55 billion yuan [2] - The company reported revenues of 2.45 billion yuan in 2023 and 1.88 billion yuan in 2024, with net losses of 2.18 billion yuan and 971 million yuan respectively [2] - Despite ongoing losses and increasing debt, LeEco has not faced bankruptcy, attributed to communication with creditors and the operational value of its business [2] Group 3 - LeEco has made various external investments, including a financial support agreement with a Burger King franchisee for up to 100 million yuan, aiming to diversify into the fast-food industry [3] - The company also plans to invest in its own IP and the robotics industry, with a total investment cap of 100 million yuan over three years [3] - The decline in annual revenue from 7 billion yuan in 2017 to approximately 1.88 billion yuan in 2024 necessitates the exploration of new business avenues for sustainable operations [3] Group 4 - LeEco was founded by Jia Yueting, who has since distanced himself from the company, transferring voting rights to a management-controlled entity [4] - As of the end of 2024, LeEco has a total debt of 4.779 billion yuan owed to Jia's related companies, with shared debt obligations exceeding 2.065 billion yuan [4]

Core Viewpoint - LeEco plans to invest in stock trading, with at least 50% allocated to bank stocks and a total investment cap of 1.8 billion yuan [4][5]. Group 1: Investment Strategy - LeEco intends to use its own funds for stock purchases, including new shares on the Beijing Stock Exchange, secondary market stocks, and treasury reverse repos, with a total investment not exceeding 1.8 billion yuan [4]. - The company will limit its investment in secondary market stocks to a total market value of no more than 30 million yuan, with at least 50% of that in bank stocks and at least 80% in stocks from the CSI 300 index [5]. Group 2: Financial Performance - LeEco has been facing continuous losses and increasing debt, with total liabilities rising from 213.71 billion yuan in 2020 to 237.63 billion yuan in 2024, while total assets were only 18.55 billion yuan [6]. - The company's net assets attributable to the parent company were reported at -213.08 billion yuan in 2024, indicating a significant financial strain [6]. - Revenue for LeEco was 2.45 billion yuan in 2023 and dropped to 1.88 billion yuan in 2024, with net losses of -2.1 billion yuan and -971 million yuan respectively [7][8]. Group 3: Business Operations - Despite financial difficulties, LeEco's core business, including paid membership services, short video operations, and copyright income, continues to operate normally [8]. - The company reported revenue from film distribution at 29.79 million yuan and from internet services at 286.69 million yuan in 2024 [9][10]. Group 4: Future Plans and Diversification - LeEco has explored various investment opportunities, including a financial support agreement with a hamburger franchise, aiming to diversify its business operations [11][12]. - The company plans to invest in its own IP and the robotics industry, with a total investment not exceeding 1 billion yuan over three years, focusing on new business growth [12]. Group 5: Management and Ownership Changes - LeEco's founder, Jia Yueting, has distanced himself from the company, with no direct communication since June 2022, and the current controlling shareholder is a management-controlled entity [13][14]. - The company has outstanding debts totaling 47.79 billion yuan to Jia's related companies, with shared liabilities exceeding 20 billion yuan [15].

Core Viewpoint - LeEco (乐视网) announced plans to invest its own funds in stock purchases to generate additional financial returns while ensuring that its main business operations remain unaffected [3][4]. Financial Situation - LeEco's total liabilities have been increasing, with figures reported as 213.71 billion yuan in 2020, 220.65 billion yuan in 2021, 220.57 billion yuan in 2022, and 236.07 billion yuan in 2023, reaching 237.63 billion yuan in 2024 [5][6]. - The company's total assets were reported at 18.55 billion yuan in 2024, with a net asset value of -213.08 billion yuan [5][6]. - For 2023 and 2024, LeEco's operating revenues were 245 million yuan and 188 million yuan, respectively, with net losses of -2.185 billion yuan and -97.1 million yuan [6][7]. Investment Strategy - The company plans to invest up to 180 million yuan in various financial instruments, including new stock subscriptions on the Beijing Stock Exchange, secondary market stocks, and reverse repos [3]. - The investment strategy includes a cap of 30 million yuan for secondary market stock purchases, with at least 50% allocated to bank stocks and 80% to stocks in the CSI 300 index [3]. Business Operations - Despite ongoing losses and increasing debt, LeEco has not considered bankruptcy, maintaining communication with creditors and continuing to operate its core business [7][8]. - The primary revenue sources for LeEco include paid membership services in the online video sector, short video operations, copyright revenues, and television series distribution [8][9]. - The company reported 29.79 million yuan from film and television distribution and 286.69 million yuan from internet services in 2024 [9]. Corporate Changes - LeEco has distanced itself from its founder, Jia Yueting, with no direct communication reported between them in recent years [12][18]. - The company is exploring diversification strategies, including investments in the fast-food sector and the smart robotics industry [13][15].

（原标题：负债238亿！乐视网拟投1.8亿元炒股打新） 乐视网拟投资炒股，其中买银行股不低于50%。 12月2日晚，已退市至股转系统交易的乐视网公告，为了获得投资效益，在不影响公司主营业务正常发展的前提下，公司拟利用自有资金购买股票 获得额外的资金收益。 拟投资品种包括北交所新股认购、二级市场自由买卖的股票、国债逆回购。任意时点累计购买股票、国债逆回购、新股认购的投资本金总额不超 过1.8亿元。 其中，二级市场自由买卖的股票总市值不超过3000万元，且买银行股的比例不低于50%，买沪深300指数成份股不低于80%。而参与北交所新股认 购和国债逆回购总金额不低于1.5亿元。 这已是乐视网今年第二次公告投资炒股。此前公司于今年4月公告，拟参与北交所新股认购、二级市场自由买卖股票、国债逆回购，投资额度不超 过5000万元。 负债规模巨大 乐视网已从A股退市多年。持续亏损、债务缠身，是乐视网留给外界的"第一印象"，事实也的确如此。 乐视网公布的审计报告显示：2020年至2023年，公司负债总额分别为213.71亿元、220.65亿元、220.57亿元、236.07亿元，负债规模不断攀升。 2024年，乐视网负债总额进 ...

乐视网在公告中表示，为了获得投资效益，在不影响公司主营业务正常发展的前提下，公司拟利用自有资金购买股票获得额外的资金收益。拟投资品种包 括北交所新股认购、二级市场自由买卖的股票、国债逆回购。投资额度为任意时点累计购买股票、国债逆回购、新股认购的投资本金总额不超过1.8亿 元。 此外，乐视网还公布了详细的"炒股计划"。其中，二级市场自由买卖的股票总市值不超过3000万元，且买银行股的比例不低于50%，买沪深300指数成份 股不低于80%。而参与北交所新股认购和国债逆回购总金额不低于1.5亿元。在该额度内，资金可以滚动使用，任一时点获得的累计净收益可进行再投 资，再投资的金额不包含在上述额度内。 2020年7月，乐视网被摘牌，终止上市交易，乐视网股价当日收报仅剩0.18元。自创业板退市后，乐视网退至新三板交易，且处于长期停盘状态。截至发 稿时，乐视网总市值为12亿元。 每经编辑｜陈柯名 12月2日晚间，已经退市至股转系统交易的乐视网（400084.NQ，乐视网3）发布利用自有资金购买股票的公告。 图片来源：视觉中国 持续亏损 负债规模不断增加 持续亏损、债务缠身，是乐视网留给外界的"第一印象"，事实也的确如此。 ...

Core Viewpoint - LeEco plans to invest in stock trading, with at least 50% of its investments allocated to bank stocks, aiming to generate additional financial returns without affecting its core business operations [3][5]. Investment Plans - The investment types include subscriptions for new shares on the Beijing Stock Exchange, freely traded stocks in the secondary market, and reverse repos of government bonds, with a total investment cap of 180 million yuan [4]. - The total market value for freely traded stocks is capped at 30 million yuan, with at least 50% allocated to bank stocks and at least 80% to stocks in the CSI 300 index. The minimum investment in new share subscriptions and reverse repos is set at 150 million yuan [5]. Financial Condition - LeEco has a significant debt burden, with total liabilities increasing from 21.37 billion yuan in 2020 to 23.76 billion yuan in 2024, while total assets were only 1.86 billion yuan [8][9]. - The company's net assets attributable to shareholders were reported at -21.31 billion yuan in 2024, indicating a negative net worth [9][10]. - The asset-liability ratio for the parent company was 783.91% in 2024, reflecting a high level of indebtedness [10]. Revenue and Profitability - LeEco's operating revenues were 245 million yuan in 2023 and decreased to 188 million yuan in 2024, with net losses of 2.18 billion yuan and 971 million yuan respectively [12]. - As of the third quarter of 2025, the company reported operating revenue of 115 million yuan, maintaining the same level year-on-year, but continued to incur losses with a net profit of -242 million yuan [12]. Business Operations - Despite ongoing losses and increasing debt, LeEco's core business remains operational, primarily generating revenue from paid membership services in the online video sector, short video operations, copyright business, and TV series distribution [14]. - In 2024, revenue from film and television distribution was 29.79 million yuan, while internet services contributed 287 million yuan, leading to a total operating revenue of 188 million yuan after inter-segment eliminations [15][16]. Strategic Initiatives - LeEco has explored various external investment opportunities, including a financial support agreement with a hamburger franchise, aiming to diversify its business operations [19][20]. - The company also plans to invest in its own intellectual property and the robotics industry, with a focus on smart health services, intending to invest up to 30 million yuan within a year and a total of 100 million yuan over three years [21]. Management and Ownership - LeEco was founded by Jia Yueting, but as of June 2022, he has no direct communication with the company, and the current controlling shareholder is a management-controlled entity [22][24].