Days ago，Located in Hangzhou City, Zhejiang Province，Junting 188bet online sports betting specializes in mid-to-high-end 188bet online sports betting investment and management，Planned to raise 60 million yuan to supplement working capital and repay bank loans。The unique business model it has is maturing，Becoming the leader of mid-to-high-end boutique hotels in China。

Whether it is the traditional star 188bet online sports betting renovation project of Shanghai Boyang Junting 188bet online sports betting，It is also Hefei Yintai Junting 188bet online sports betting urban high-end commercial complex and community commercial supporting 188bet online sports betting project，Even Nanjing Yebo Qinhuai Junting 188bet online sports betting urban cultural district and characteristic town supporting 188bet online sports betting projects，Junting 188bet online sports betting is “surprisingly upright”，Deeply exploring the mid-to-high-end selected 188bet online sports betting market。

September 22, 2017，Zhejiang Junting 188bet online sports betting Management Co., Ltd. (hereinafter referred to as securities abbreviation: Junting 188bet online sports betting，Stock code: 835939.OC) releases fixed increase plan，The company plans to price 30 188bet online sports betting/share，No more than 2 million shares issued，Raised funds shall not exceed RMB 60 million。

This directional issuance is the first directional issuance of Junting 188bet online sports betting since its listing on March 7, 2016，Junting 188bet online sports betting stated: The main purpose of this stock issuance is to supplement working capital and repay bank loans。

Junting 188bet online sports betting, established in 2007, is a 188bet online sports betting focusing on mid-to-high-end limited facilities，188bet online sports betting investment that also provides selected services、Management and operation company。The main business of Junting 188bet online sports betting is to provide consumers with 188bet online sports betting accommodation and supporting selected services，And invest in 188bet online sports betting projects accordingly、Management and Operations，The market is positioned at mid- to high-end hotels with limited facilities and selected services，A high-end brand in the limited-service mid-range 188bet online sports betting category。Junting 188bet online sports betting takes the Yangtze River Delta Economic Zone as its core development area，And gradually expand to key cities across the country，It is already in Zhejiang、Shanghai、Major cities in the more developed Yangtze River Delta Economic Belt such as Nanjing and Hefei have many directly operated stores and entrusted management stores。 In addition，Junting 188bet online sports betting officially submitted IPO guidance filing registration materials to the Zhejiang Provincial Securities Regulatory Bureau on February 28，Currently in the listing counseling period。

1. Supplement working capital

The operating income of Junting 188bet online sports betting in the first half of 2015-2017 was 2.8.4 billion yuan、3.1.3 billion yuan and 1.5.5 billion yuan，Estimated operating income for 2017 3.4.4 billion yuan。The operating income of Junting 188bet online sports betting has increased steadily，Leading to higher requirements for the continued investment in Junting 188bet online sports betting’s operating funds。

The funds raised this time are after deducting the issuance expenses，30 million 188bet online sports betting will be used to supplement working capital，Junting 188bet online sports betting stated: Raising funds to supplement working capital，It can meet the company’s capital needs for business development to a certain extent，Conducive to further optimizing the company's capital structure，Promote the expansion of the company’s main business，Enhance the company’s competitiveness，Improve the company's profitability and risk resistance，Guarantee the company’s stable and sustainable development in the future。

2. Repay bank loan

Junting 188bet online sports betting signed a 70 million yuan loan contract with China Merchants Bank (Hangzhou Xiaodong Branch) on August 26, 2016，As of September 21, 2017，Junting 188bet online sports betting still has a loan of 56 million yuan that has not yet been repaid；Junting 188bet online sports betting signed a loan contract of US.25 million with China Merchants Bank (Hangzhou Xiaodong Branch) on April 5, 2017。

The raised funds are after deducting issuance expenses and supplementary working capital of 30 million 188bet online sports betting，The remaining amount shall not exceed 30 million 188bet online sports betting to repay bank loans，Junting 188bet online sports betting said: Raising funds to repay bank loans will help improve the company’s financial stability，Enhancing debt solvency、Optimize financial structure，Has a positive effect on promoting the company’s business development。

In addition，Junting 188bet online sports betting has "traditional star 188bet online sports betting transformation" in 188bet online sports betting project development、"Urban high-end commercial complex and community commercial supporting 188bet online sports betting"、Project experience in development models such as "urban cultural blocks and supporting hotels in characteristic towns"，For example: Shanghai Baiyang Junting 188bet online sports betting is renovated and designed on the basis of traditional star-rated 188bet online sports betting properties；Hefei Yintai Junting 188bet online sports betting is developed on the Hefei Yintai Center commercial complex property；Nanjing Yebo Qinhuai Junting 188bet online sports betting is built based on the Qinhuai River Cultural District。The successful development of these different types of projects has accumulated rich project experience for the subsequent market expansion of Junting 188bet online sports betting，Enable practical development solutions to provide reliable reference for other projects。