November 8，188bet announced，In view of the current changes in the macroeconomic environment and the impact of fluctuations in the domestic securities market，Continuing to promote major asset restructuring matters faces certain uncertainties，The company plans to terminate the major asset reorganization matter。

Announcement display，The company suspended trading in January 2018 to plan major asset restructuring，Plans to purchase 188bet Aviation Technology Co., Ltd. 60 from the counterparty 188bet Aviation Group Co., Ltd. by issuing shares to purchase assets.78% shares、188bet Aviation (Hong Kong) Technics Holding Co., Limited 59.93% shares、Hainan Tianyu Flight Training Co., Ltd. 100.00% equity；Purchase the West Air Co., Ltd. held by the counterparty Tianjin Chuangxin Investment Partnership (Limited Partnership) 29.72% equity；Purchase Chongqing West Airlines Holdings Co., Ltd. 60 from the counterparty 188bet Group Southwest Headquarters Co., Ltd..00% equity。Total of the above equity acquisitions 104.7.8 billion yuan。

At the same time，The company plans to raise supporting funds through a private issuance of A shares from no more than 10 specific investors, including Temasek Fullerton Alpha Pte Ltd, through price inquiry，The total amount of supporting funds raised shall not exceed 70.300 million yuan。

Impact on the termination of this major asset reorganization，188bet said，According to the conditionally effective "Asset Purchase Agreement for Issuance of Shares" signed by the company and relevant parties on June 8, 2018、Related terms of the "Profit Forecast Compensation Agreement" and the "Stock Subscription Agreement"，Such an agreement cannot be reached due to current conditions，And these agreements no longer meet the conditions for taking effect，Therefore, these agreements will be terminated as soon as the board of directors considers and approves the termination of the reorganization，Does not involve breach of contract handling。The company's current business operations are normal，The termination of this major asset reorganization will not have a significant adverse impact on the company's operating performance and financial status。

Announcement，188bet Commitment，Within 1 month after the announcement of the results of the investor briefing，No longer planning major asset reorganization matters。