Century Mingde (stock code: 839264) announced，The company plans to increase capital in Beijing Mingde Future Camp Enterprise Management Co., Ltd. (hereinafter referred to as "Mingde Future") in cash to become a shareholder of the company。

Announcement display，Mingde Future’s registered capital is RMB 8.4 million，After this capital increase，Mingde Future’s registered capital is 43 million yuan，Medieval Mingde invested RMB 10 million，Accounting for 23% of the newly added registered capital.26%。

The total assets at the end of the audited consolidated financial statements of Century Mingde in 2017 are 2.4.2 billion yuan，The net assets at the 188bet app end of the period attributable to shareholders of the listed company are 1.400 million yuan。The investment amount of 10 million yuan accounts for 4% of the total assets at the end of the company's 2017 audited consolidated financial statements.13%，Accounting for 7% of the closing net assets attributable to shareholders of the listed company in the company’s 2017 audited consolidated financial statements.10%。

Century Mingde expressed，This external investment to establish a joint-stock company does not meet the requirements of the "Administrative Measures" on major asset restructuring standards，Does not constitute a major asset reorganization。

Technical consultation，Mingde’s main business in the future is enterprise management；Technical consultation、Technical Service、Technology Promotion、Technical consultation；Business Management Consulting；Educational consulting (excluding intermediary services)；Sales of communication equipment、Electronic products、Wujinjiaodian (not 188bet app engaged in physical store operation)、Household appliances、Building materials (not engaged in physical store operations)、Metal Material;Mechanical equipment rental (excluding car rental)；Product Design。

Announcement display，There is a relationship between Mingde Future and Century Mingde。Wang Jingkai, the legal representative and executive director of Mingde Future, is a director of Century Mingde，Ma Wei, one of the shareholders of Mingde Future, is a director of Century Mingde、Financial Director。

Century Mingde expressed，This foreign investment is based on the development of the industry，The campground industry has huge market potential，Mingde, which plans to participate in this investment, will become a professional camp service provider in the future，Through the development and operation of the camp，Enrich the company’s product and service types，Further improve the company’s quality education market layout。This external investment will not have a significant adverse impact on the company’s future financial status and operating results，From a long-term development perspective，Helps expand the company’s business platform，Has a positive 188bet app download effect on the company’s future performance growth。