Summary

The Beijing Arbitration Commission (hereinafter referred to as the "Commission") has, in accordance with the Arbitration Application submitted by Claimant Shanghai Lan Cai Asset Management Co., Ltd. (hereinafter referred to as "Claimant") to the Commission as well as the arbitration terms in the Loan Contract and the Repurchase Guarantee Agreement executed by and between the Claimant and Respondent LeTV Sports Culture Develop (Beijing) Co., Ltd. (hereinafter referred to as "1st Respondent"), Respondent TV Plus Holdings (Beijing) Limited (hereinafter referred to as "2nd Respondent") and Respondent Jia Yueting (hereinafter referred to as "3 rd Respondent". The 1st, 2nd and 3rd Respondents are hereinafter collectively referred to as "Respondents") and the provisions of the relevant laws, accepted on June 28, 2017 the dispute arbitration case arising between the Claimant and the Respondents from the abovementioned contracts (hereinafter referred to as the "Case"). Case code: (2017) Jing Zhong An Zi No. 1504.

This Case shall be governed by the Arbitration Rules of the Beijing Arbitration Commission implemented from April 1, 2015 (hereinafter referred to as "arbitration Rules").

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