Evening of August 27th，188bet mobile login Holdings Co., Ltd. announced，By consensus，Controlling shareholder 188bet mobile login Zhuoye signed an agreement with Xinjiang Jialong，Agree to terminate the share transfer matter。

Meanwhile，Jiaduobao Group, a well-known beverage company, and Yinyi Capital intervene in 188bet mobile login’s debt restructuring，You can choose the opportunity to inject assets into listed companies，And place the latter in escrow for five years。However，Prompt in the announcement，The implementation of the agreement will not lead to changes in the company’s control and actual controller。

Previously on June 28，188bet mobile login Zhuoye Group Co., Ltd. (“188bet mobile login Zhuoye”), the controlling shareholder of 188bet mobile login Co., Ltd., and Xinjiang Jialong Tourism Development Co., Ltd. jointly signed the “Share Transfer Framework Agreement”。

According to agreement，188bet mobile login Group plans to transfer its holdings of 188bet mobile login shares 22.2.8 billion shares，All transferred to Xinjiang Jialong，Accounting for 26% of the total share capital of 188bet mobile login Co., Ltd..55%，After the transfer is completed, Xinjiang Jialong will become the controlling shareholder of 188bet mobile login Shares。

188bet mobile login Stock Name，After the signing of the above share transfer framework agreement，Xinjiang Jialong conducted due diligence related work on the company。Due to within a reasonable time，188bet mobile login Zhuoye has not reached a memorandum of understanding on debt restructuring with the relevant creditors of 188bet mobile login Shares。Qie 188bet mobile login Co., Ltd. received the "Investigation Notice" from the Anhui Securities Regulatory Bureau on August 14，According to relevant regulations，Listed company suspected of securities and futures violations，While being investigated by the China Securities Regulatory Commission， Major shareholders of listed companies are not allowed to reduce their shareholdings。Therefore, it was agreed upon by both parties，Agree to terminate this share transfer。

Displayed in the announcement，No formal agreement has been reached on this share transfer nor has it been implemented，There are no matters related to 188bet mobile login Shares that require approval procedures or disclosure，The termination of this share transfer will have no substantial impact on the company’s current operating conditions and financial status。

This is the second time 188bet mobile login Co., Ltd. has failed to recruit，However，The actual controller Wang Yonghong is still working hard。After the above reorganization failed，Jiaduobao Group, another beverage company that is more familiar to the public，Announced intervention in the survival of this debt-ridden real estate company。

188bet mobile login Shares Announcement，The company and 188bet mobile login Zhuoye、Jiaduobao Group Co., Ltd. and Shenzhen Qianhai Yinyi Capital Co., Ltd. (referred to as "Yinyi Capital") jointly signed the "Debt Restructuring and Operation Custody Agreement" on August 27。

Data display，Jiaduobao Group is a registered company in Hong Kong，100% owned by Mr. Chen Hongdao，Mr. Chen Hongdao is the actual controller of Jiaduobao Group。Jiaduobao has many years of experience in industrial operations，And after many years of industrial operation, it holds multiple plots of land to be developed across the country，Intended to revitalize the existing assets of 188bet mobile login Shares，Achieve a win-win situation。

Yinyi Capital is a company focusing on asset restructuring、An investment company engaged in mergers and acquisitions and other related financial businesses，Its actual controller Liu Hongwen and her husband Huang Weiqing have been engaged in the real estate industry for more than 20 years，Developed many real estate projects especially in South China，Yinyi Capital is the core enterprise with the actual controller。

According to introduction，The company’s core partner team comes from major banks、CITIC Securities、Shenzhen Vanke and other well-known financial and real estate companies，Has rich resources and experience in capital operations and real estate operations。

According to the reorganization agreement，Debt restructuring，A (188bet mobile login Shares)、B (188bet mobile login Zhuoye)、Three parties C (Jiaduobao Group and Yinyi Capital) unanimously agreed that Party C would restructure the debts of Party A and Party B，To improve the capital structure，Adjusting the direction of industrial structure，Solve liquidity difficulties and difficulties encountered in business development。

188bet mobile login C implements debt restructuring of 188bet mobile login A and 188bet mobile login B，Inject high-quality projects，Provide liquidity support，Help 188bet mobile login A and 188bet mobile login B resolve the debt crisis they are currently facing。And carry out industrial structure adjustment and enterprise transformation and development combined with debt restructuring under the supervision of the China Securities Regulatory Commission and local governments in accordance with laws, regulations and procedures。

To revitalize 188bet mobile login A’s assets，Clear the main business and direction of the enterprise，188bet mobile login C restructures 188bet mobile login A’s debt。Clear 188bet mobile login A’s structural adjustment and industrial transformation development direction。For the main business direction with 188bet mobile login A、Reorganize, transfer and exit projects and assets with inconsistent profit models，Optimize the main business direction and project asset structure。

After 188bet mobile login C participates in corporate debt restructuring，In accordance with the regulatory requirements of listed companies，Choose opportunities to inject high-quality projects related to their respective main businesses into 188bet mobile login A。188bet mobile login C’s commitment，In the process of debt restructuring and custody operation，According to 188bet mobile login A’s business needs， Project management for 188bet mobile login A、Provide liquidity support in terms of personnel costs and other aspects，To help 188bet mobile login A resume normal operations。If 188bet mobile login A cannot operate normally due to 188bet mobile login C’s reasons，188bet mobile login C shall bear the corresponding liability for breach of contract。

188bet mobile login C according to the agreement，Exercise duties or rights including but not limited to the general manager and other operating managers，Fully responsible for the company’s production、Operation、Management、Asset disposal, etc.。188bet mobile login C’s custody period for 188bet mobile login A is 5 years，Starting from the date of signing the agreement。

In addition，Jiaduobao Group Co., Ltd. agrees and authorizes Yinyi Capital to specifically complete due diligence and other related matters under the 188bet mobile login。

188bet mobile login Stock Name，The company will convene a board of directors to review this agreement as soon as possible，However, there is a risk that the board of directors cannot pass the deliberation and other related legal risks。Since this agreement has not yet agreed on the scale of debt restructuring and asset injection，Failed to meet the standards for submission to the general meeting of shareholders for review，The agreement does not yet need to be submitted to the company’s shareholders’ meeting for review。

And，Jiaduobao and Yinyi Capital have not yet conducted due diligence on 188bet mobile login Shares，There is a risk that the above agreement will be terminated after due diligence is completed。Jiaduobao and Yinyi Capital agreed in the agreement will provide liquidity support and asset injection to the company，But there is no agreement on the amount of liquidity support and the specific assets to be injected，Therefore does not constitute a commitment to the company，There is uncertainty about whether it can be performed smoothly。

It is stated in the announcement，The implementation of the above 188bet mobile login will not lead to changes in the company’s control and actual controller。

*Source of this article: Guandian Real Estate Network, original title: "Wang Yonghong failed to sign Xinjiang Jialong，188bet mobile login Co., Ltd. has invited Jiaduobao to intervene in the debt restructuring》.