OCT A (stock code: 000069) announced，The company's wholly-owned subsidiary Overseas Chinese Town (Chengdu) Investment Co., Ltd. (hereinafter referred to as "Chengdu Investment") and Shenzhen OCT 188bet online live casino., Ltd. (hereinafter referred to as "Cultural Group") jointly established Chengdu Luodai Overseas Chinese Town Cultural Tourism Development Co., Ltd. (hereinafter referred to as "Chengdu Investment") (hereinafter referred to as "Luodai Overseas Chinese Town")，The registered capital of the joint venture is RMB 500 million，Chengdu Investment invested RMB 300 million，Accounting for 60%。

Announcement display，Luodai Overseas Chinese Town mainly develops tourism and 188bet online live casino projects in Chengdu Luodai Ancient Town and surrounding areas、Construction and Operations。The cooperation between OCT and OCT in Luodai was mainly to accelerate the implementation of the strategy，Actively obtain high-quality resources，Add new profit growth points。The partner 188bet online live casino Group is a wholly-owned subsidiary of OCT Group Corporation (hereinafter referred to as "OCT Group")。

In addition，The announcement is also displayed，To enhance the financing capabilities of the new company，Support their business development，OCT plans to provide Chengdu Luodai OCT 188bet online live casino Development Co., Ltd. 10 in proportion to its shareholding.400 million yuan bank loan provides financing guarantee。

As of September 30, 2017，The actual total guarantee amount of 188bet online live casino is RMB 85.3.7 billion yuan，HKD 400 million，These are guarantees provided by 188bet online live casino and its holding company for other 188bet online live casino holding companies，And they are all within the annual guarantee limit approved by the shareholders’ meeting。As of September 30, 2017, the total guarantees of 188bet online live casino and the holding company accounted for the company's latest audited net assets as a proportion of 18.4%。