Changbaishan released the "Plan for the Public Issuance of Convertible Corporate Bonds"，The company plans to publicly issue convertible corporate bonds that can be converted into the company’s A shares，The total amount of funds raised shall not exceed RMB 350 million (including RMB 350 million)，The face value of each bond is RMB 100，Issued at face value，The bond term is 6 years from the date of issuance。

This issuance of convertible bonds will implement preferential allotment to the company’s original shareholders，The funds raised after deducting issuance expenses，Planned to be used in the second phase construction project of Changbai Mountain Volcano Hot Spring Tribe。The project construction site is located on the northern slope of Changbai Mountain，A Changbai Mountain volcanic hot spring tribal hot spring complex and supporting infrastructure 188bet best bookmaker built。

Announcement，After the project is completed and operational，Will improve the company’s hot spring 188bet best bookmaker service function，Effectively complementary to the company’s existing 188bet best bookmaker services，Helps the company enrich its 188bet best bookmaker products、Extending the company’s industrial chain，Enhance the company’s comprehensive service capabilities，Improve the operating level of the company’s 188bet best bookmaker business，Promote the company's main business to maintain a good growth trend。