188bet mobile login Holdings Co., Ltd. issued an announcement on the evening of May 8，It said that it recently received the "Decision on Administrative Supervision Measures" issued by the Anhui Supervision Bureau of the China Securities Regulatory Commission on May 4。

According to the announcement，There are major deficiencies in the internal control of Zhonghong Co., Ltd.，Wang Yonghong, the actual controller of the company, overrides the company’s internal controls，Interference in company management，Directly decide on major matters of the company，Board of Directors、It is difficult for the supervisory board and management to play their due role，Leading the company to manage large amounts of money、There are situations where the approval procedures of the board of directors and shareholders’ meeting are not fulfilled in terms of external 188bet mobile login，And when this event occurs，The company failed to disclose in a timely manner。

To this，Anhui Securities Regulatory Bureau takes regulatory measures to order the company to make corrections，Require 188bet mobile login Shares to immediately conduct a self-examination on the company’s internal controls，And strengthen effective supervision and checks and balances、Effectively implement the major matters review procedures and disclosure obligations and make corrections。

Also，Anhui Securities Regulatory Bureau requires 188bet mobile login Shares to submit a written rectification report to it within 30 days after receiving the decision，The rectification report should include but not be limited to liability investigation status、Implementation of rectification measures and rectification effects, etc.。

As understood，On April 25, 188bet mobile login received a decision on supervisory measures from the China Securities Regulatory Commission due to overdue debts, etc.，188bet mobile login during the period from October 31, 2017 to March 17, 2018，A total of 4 transactions occurred、Loan balance 5.Overdue debt payment of 700 million yuan，None of them fulfilled their information disclosure obligations in a timely manner。

*Source of this article: Guandian Real Estate Network, original title: "Due to major flaws in internal control, 188bet mobile login received a regulatory decision from the China Securities Regulatory Commission》