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The controlling shareholder of Business 188bet online sports betting pledged 2 million shares，Used to provide counter guarantee for loans

Author of this 188bet online sports betting: Bai Yangshu 2018-10-19

Shenzhen Yuanda Investment Holdings Co., Ltd. is the controlling shareholder of Business 188bet online sports betting，Holding 188bet online sports betting 4378.460,000 shares，Proportion 40.29%。This equity pledge will not have an adverse impact on the company’s production and operations。

Message on October 19th，Recently, the controlling shareholder of Jilin Province Travel World Network Technology Co., Ltd. (Securities abbreviation: Travel World Securities Code: 430578) Shenzhen Yuanda Investment Holding Co., Ltd. pledged 2 million shares to Jilin Province Zhongxin Technology 188bet online sports betting., Ltd.，Used to provide counter guarantee for company loans。

As understood，Controlling shareholder Shenzhen Yuanda Investment Holdings Co., Ltd. pledged 2 million shares to Jilin Zhongxin Technology 188bet online sports betting., Ltd.，All shares without selling restrictions，Accounting for 1% of the company’s total share capital.84%。The pledge period is from October 16, 2018 to October 10, 2019。

As understood，This equity pledge is used to provide counter guarantee for company loans，The details are: The company applied for a comprehensive credit line of 5 million yuan from Changchun Jingyue Yuyin Rural Bank Co., Ltd.，Guaranteed by Jilin Zhongxin Technology 188bet online sports betting., Ltd.，The controlling shareholder Shenzhen Yuanda Investment Holdings Co., Ltd. provided 2 million unrestricted tradable shares as a pledge to Jilin Zhongxin Technology 188bet online sports betting., Ltd. for counter-guarantee，There is no mortgage or pledge with other assets。

According to data，Business 188bet online sports betting’s main business includes travel services and software product sales。Operating revenue in the first half of 2018 was 8051.620,000 yuan，121 more than the same period last year.98%;The net profit attributable to shareholders of the listed company is 1368.490,000 yuan，An increase of 30 compared with the same period last year.55%。

*Source of this 188bet online sports betting: Dibei.com，Author: Bai Yangshu，Original title: "The controlling shareholder of Business 188bet online sports betting pledged 2 million shares to provide counter guarantee for the loan》.

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