Since May this year，188bet sports betting app download (002310.SZ) After the failure of the bond issuance triggered a huge market reaction，Every move of Oriental gardens attracts much attention，Its financing measures have also become a benchmark for the financing of private listed companies。October 18，Beijing Securities Regulatory Bureau convened a meeting of more than 20 188bet sports betting app download creditors，The market’s attention to oriental gardens is heating up again。

October 18，188bet sports betting app download Announcement，The actual controllers, Ms. He Qiaonv and Mr. Tang Kai, plan to transfer not less than 10% of the total share capital of 188bet sports betting app download，The funds raised from the transfer of equity will be used to return the stock pledge financing，To significantly reduce the equity pledge rate of controlling shareholders。

The reporter learned from an insider of 188bet sports betting app download on the 19th，In this market environment，The company’s major shareholders must lower the pledge rate。Based on the announcement，One of the sources of funds for 188bet sports betting app download to reduce the equity pledge rate is the introduction of state-owned assets。According to announcement，The actual controllers, Ms. He Qiaonv and Mr. Tang Kai, plan to transfer not less than 10% of the total share capital of 188bet sports betting app download，The funds raised from the transfer of equity will be used to return the stock pledge financing，To significantly reduce the equity pledge rate of controlling shareholders。

Disclosed by the above-mentioned insider，After the announcement of the introduction of state-owned assets was issued，Many state-owned assets also called to inquire，But currently we already have some state-owned assets that we are in close contact with，The negotiations have entered a substantive stage。Although there will still be pressure to redeem in the future，But the overall operation 188bet sports betting app download is still good。

According to the latest announcement，The company’s controlling shareholder Ms. He Qiaonv and her persons acting in concert hold shares 13.4.3 billion shares，Accounting for 50 188bet sports betting app download’s total shares.07%。As of October 17, 2018，The controlling shareholder and its persons acting in concert pledged a total of 11 shares.1.3 billion shares，82% of its shareholding.88%。

Beijing Securities Regulatory Bureau convened a meeting of 188bet sports betting app download’s creditors to ease the pressure on liquidation of equity pledges，And after the news of 188bet sports betting app download’s announcement to introduce state-owned assets came out，188bet sports betting app download’s share price temporarily stabilized。18th，188bet sports betting app download closed up 1.56%，As of press time on the 19th，188bet sports betting app download Increase 1.66%，Report 7.95 yuan。

According to the reporter’s understanding，In this round of decline，The Beijing Securities Regulatory Bureau is very concerned about the pledge situation of all private enterprises。The characteristic of Oriental gardens is that they have more creditors，All we do is pledge on the market，These creditors are basically funded through banks，Some of the funds are also from the securities firms themselves，There are many securities companies involved。The Beijing Securities Regulatory Bureau is worried that the market will continue to be under pressure due to the decline of large-capitalization stocks，This meeting is held as a precaution，It is not that 188bet sports betting app download stock pledge has reached the liquidation line。

Also，From the company business level，In the hazardous waste business sector, the Agricultural Bank of China was also introduced to implement “debt-for-equity swap”，Disclosed by the above-mentioned insider，The due diligence has been basically completed，We are currently arranging some transaction structures。

An industry insider familiar with the PPP business told reporters，Many projects of 188bet sports betting app download are water environment management，Mainly government subsidies，Unlike transport or tourism PPPs, which have consumptive cash flow income。So it is more subject to the current environment。The rate of return of PPP projects is mainly divided into two parts，One piece is the investment income of capital，About 6.5%-8% ago，Another part is construction income，This part of the profit is higher than the investment income。PPP project cycle is generally more than 10 years，So many projects are not over yet，Currently，There is no problem in receiving payment for items that have not been cleared。

*Source of this 188bet sports betting app download: Economic Observer Network,Author: Zheng Yizhen, original title: "The negotiation between 188bet sports betting app download and state-owned assets has entered the "substantive stage" and the stock price has temporarily stabilized after the major shareholder promised to reduce the pledge rate》.