Chinanews client, September 7 (Zhang Xu) LeTV announced on the evening of September 7 that the company had recently received the "Administrative Punishment and Market Banning Advance Notice" issued by the China Securities Regulatory Commission, and the company was suspected of information disclosure The case of illegal and fraudulent issuance has been investigated by the China Securities Regulatory Commission.
The China Securities Regulatory Commission plans to decide: to order LeTV to make corrections, give a warning, and impose a fine of 600,000 yuan on LeTV; and impose a fine of 240 million yuan, which is 5% of the funds raised, on LeTV.