On the evening of May 9th *ST Tibet Travel issued an announcement，Plans to sell 188bet game of the company and its subsidiaries through public auction or public listing on equity exchange，The selling price is not less than 6.4.7 billion yuan。Because the company is currently unable to accurately measure the impact of this asset sale on profits，Without considering taxes，It is expected to provide the company with a positive profit of more than 20 million yuan。

Collective auction of five of its hotels，Highlighting the failure of *ST Tibet 188bet game business。

Back in 2015，*188bet game was once praised by stars and hats。To improve performance，The company announced in February 2016，Planned to acquire 100% equity of Lakala for 11 billion yuan，Of which 2.5 billion yuan was paid in cash，Another 8.5 billion yuan to 18.Issue share payment at a price of 65 yuan per share，The company plans to raise matching funds of no more than 5.5 billion yuan。

However, the above proposal has been questioned by backdoors，In the end I had to give up。2016，*188bet game lost 9827.320,000 yuan。

*ST Tibetan Brigade, which failed in restructuring, began to bet on the 188bet game industry，In early 2017, 5 wholly-owned 188bet game management subsidiaries were successively established，The registered capital of each company is 50 million yuan，In Lhasa and Nyingchi、We have designed and built our own brand Himalaya series hotels in various scenic spots in Ali，Positioning to spread mountaineering culture、Advocate natural sleep、Featured by being close to the natural ecology or experiencing regional culture。

However，The company stated this in its 2017 annual report，The five Himalayan series hotels have been put into operation or trial operation，The Himalayan Lhasa Hotel will start trial operation in July 2017。Affected by the difference between low and peak seasons in Tibet’s 188bet game industry，And the influence of regional climate conditions，The room occupancy rate of each hotel is in the off-season (after mid-October every year，Before May) less than 10%，Alipura Hotel and Kailash Hotel must be closed during the off-season，During peak tourist season and Linzhi Peach Blossom Festival (late March to early April)，The hotel room occupancy rate has increased to a certain extent，Annual average calculation，There is still a big gap between the overall room occupancy rate and the same industry as hotels outside the region。

Reasons for selling 188bet game assets，*ST Tibetan Brigade also confessed in the announcement on the evening of the 9th，After several years of operation，The management believes that although such a layout is necessary, the time is not yet mature，The 188bet game’s asset-heavy operating model will cause a certain drag on the company’s short-term performance。

April 27, 2018，*ST Tibet Travel also announced the 2017 annual report and the 188bet game of 2018，Both suffered losses。

In other words,Sold its 188bet game assets，*ST Tibet Travel’s profits may only be enough to make up for its losses in the first quarter。

The company also stated in the first quarter report of 2018，Because the company’s newly put into operation hotels are still in the cultivation stage，High fixed operating costs。The growth in the number of tourists and operating income of the Ali Sacred Mountain and Holy Lake Scenic Area is not optimistic。Also affected by the Tibet Autonomous Region Government’s “Winter Travel to Tibet” preferential policy，The number of tourists received in the Tibet 188bet game market increased significantly in the first quarter，Uncertain whether it will affect demand during traditional tourist peak seasons，That is, the number of tourists entering Tibet from the end of June to the beginning of October will have a certain impact，The overall situation is not optimistic。It is expected that the company’s cumulative net profit from the beginning of the year to the end of the next reporting period may still be a loss。

Affected by this，Between May 2nd and 7th，*188bet game Travel has fallen below the limit for 4 consecutive trading days。As of the afternoon closing of May 9，Company Report 10.64 yuan/share，Has dropped nearly 26% from the opening price on April 25。

*Source of this 188bet game: Oriental Fortune Network, original title: "*ST Zanglv failed in its bet on 188bet game business and five of its hotels were auctioned as a whole》.