Morning of May 5th，Yongan Bank announced the suspension of IPO issuance work，Due to media doubts。Its announcement，188bet sports betting move is out of consideration to protect the rights and interests of investors，It is also the result of joint negotiations between Yongan Bank and the sponsor (lead underwriter) CICC。

Yongan Bank just received the IPO approval not long ago，Originally planned to conduct an online roadshow today。Now it is announced that the road show is suspended，The program schedule 188bet sports betting adjusted。CICC will carefully verify the matters involved in the media’s questions。

April 27 this year，Shanghai Stock Exchange officially disclosed the "Prospectus for the Initial 188bet sports betting A Shares by Yongan Bank"，The letter of intent clarifies that Yongan Bank plans to issue 24 million shares，And plan to invest 5.9.8 billion yuan raised for project construction。

And within a few days，Yonganxing was sued by Gu Tailai, an expert on the National Thousand Talents Program who returned from the United States, for infringing his invention patent rights。Gu Tailai holds the patent for "Bicycle rental operation system and method without fixed pick-up and return points"，Patent application number is 201010602045.8。

According to Sina Finance news on the 3rd，Gu Tailai also reported to the Central Commission for Discipline Inspection 188bet sports betting Issuance Department 188bet sports betting China Securities Regulatory Commission，Request to suspend or suspend the work related to the initial public offering of shares of Yongan Bank。

Yonganxing immediately made a statement on the official website，The company’s IPO process has not been affected by the patent dispute。Announcement Description，Yongan Bank has received approval for its IPO application from the securities regulatory authorities in April 2017，Issuance and listing work is gradually advancing。

Not only that，The announcement also stated that the business corresponding to the patent involved in the lawsuit did not contribute much to the company’s overall operating income，Accounting for less than 1% in 2016，Therefore, the business involved in the lawsuit 188bet sports betting not have too much adverse impact on the company’s operating activities。

According to Sino-Singapore Jingwei report，For this patent dispute case，Yongan Bank has previously disclosed it in the "Prospectus"，In order to completely eliminate the potential adverse effects 188bet sports betting above matters，If this incident results in any expenses、Financial compensation and other losses，Sun Jisheng, the company’s controlling shareholder and actual controller, shall unconditionally bear full liability for compensation。

The following is the full text 188bet sports betting announcement:

Announcement on the suspension 188bet sports betting initial public offering of shares by Changzhou Yongan Public Bicycle System Co., Ltd.

Sponsor (lead underwriter): 188bet sports betting Corporation

Changzhou Yongan Public Bicycle System Co., Ltd. (hereinafter referred to as the "Issuer")'s initial public offering of shares shall not exceed 2,The application for 4 million RMB ordinary shares (A shares) (hereinafter referred to as the “Issuance”) has been approved by the 188bet sports betting Commission’s Securities Regulatory Commission [2017] No. 521 Document。The issuer completed the preliminary inquiry on May 3, 2017，Originally planned to conduct an online roadshow on May 5, 2017。

Due to media doubts about the issuer，The issuer negotiates with the sponsor (lead underwriter) China International Capital Corporation，For the purpose of protecting the rights and interests of investors，Decided to postpone subsequent issuance work，The expected issuance schedule disclosed in the original "Issuance Arrangements and Preliminary Inquiry Announcement" 188bet sports betting adjusted，Suspension of the online roadshow originally planned on May 5, 2017。The sponsor (lead underwriter) China International Capital Corporation will carefully verify the matters involved in the media’s questions。

After the verification of the matters involved in the media’s questions，The issuer and sponsor (lead underwriter) China International Capital Corporation 188bet sports betting announce the follow-up matters regarding this issuance in a timely manner。

188bet sports betting is an announcement.

Issuer: Changzhou Yongan Public Bicycle System Co., Ltd.

Sponsor (lead underwriter): 188bet sports betting Corporation

May 5, 2017

*Source of 188bet sports betting article: Interface News，Author: Wu Yangyu，Original title: ""Yong’an, the first shared bicycle company, temporarily buffered its IPO, saying it was due to media doubts》

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