Jia Yueting will sue Gu Yingqiong in both China and the U.S.

In response to Gu Yingqiong’s announcement that Jia Yueting had set up an irrevocable trust fund, LeTV’s official public, LeTV Eco, issued a response today stating that the Los Angeles High Court issued a temporary injunction to Yingqiong Gu based on a company’s shareholder Jia Yueting’s application.

Levision Holdings stated that Gu Yingqiong’s continuous publication of false or even forged information through the WeChat accounts to the applicants for fraud, defamation and attacks, severely infringed the reputation of the applicant and his family, as well as the harassment behaviors such as follow-up investigations, was effective immediately, and the Gu Yingqiong himself served.

Given that Gu Yingqiong’s actions have seriously infringed on the reputation of Jia Yueting and his family members, and Jia Yueting’s unremitting efforts to fulfill the obligations of LeTV Holding’s debts and caused damage to the legal investment in the global automotive industry, Jia Yueting will sue Gu Yingqiong in both China and the United States. .

The following is the full text of the LeTV Holding statement:

On the morning of September 29th, the United States Los Angeles High Court issued a temporary ban to Yingqiong Gu, based on the application of company's shareholder Jia Yueting, to continue to publish false or even fake information through WeChat accounts, and to create, defame and attack applicants. Serious violations of the reputation of the applicant and his family, as well as follow-up investigations and other harassment restrictions, will take effect immediately, and the ban has been delivered to Gu Yingqiong himself.

Given that Gu Yingqiong’s actions have seriously infringed on the reputation of Jia Yueting and his family members, and Jia Yueting’s unremitting efforts to fulfill the obligations of LeTV Holding’s debts and caused damage to the legal investment in the global automotive industry, Jia Yueting will sue Gu Yingqiong in both China and the United States. .

The company respects Gu Yingqiong’s freedom of speech and accepts public supervision and criticism. However, any illegal behaviors such as distorting facts, unscrupulous measures, and intentional dishonesty will harm the company’s shareholders and the company’s legitimate rights and interests. We will firmly defend our rights through legal channels. .

Levision Holdings (Beijing) Co., Ltd.

2017.10.01

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