December 28，Zhejiang 188bet sports betting Management Co., Ltd. (hereinafter referred to as: 188bet sports betting) announced，The company’s application for initial public offering of shares and listing on the GEM was accepted by the China Securities Regulatory Commission，The transfer of the company’s stocks on the New OTC Market will continue to be suspended。At the same time，188bet sports betting disclosed the GEM initial public offering prospectus on the website of the China Securities Regulatory Commission。

Prospectus display，The total number of planned issuances of 188bet sports betting shall not exceed 1,368.900,000 shares，Original shareholders do not offer shares to the public，The number of publicly issued shares shall not be less than 25% of the company's total share capital after issuance (the final number of shares issued shall be subject to the number approved by the China Securities Regulatory Commission)。

The controlling shareholder of our company is 188bet sports betting Group。As of the signing date of this prospectus，188bet sports betting Group holds issuer 2,242.500,000 shares，The shareholding ratio is 54.61%。

Shareholders and equity institutions of 188bet sports betting Group

As of the signing date of this prospectus，Chen Miaolin directly holds Dewei Real Estate 85.21% equity，Dewei Real Estate directly holds 100% equity of Zhejiang 188bet sports betting，Zhejiang 188bet sports betting directly holds 100% equity of Kaiyuan Tourism Group，Kaiyuan Tourism Group directly holds 85% of the equity of 188bet sports betting Group，188bet sports betting Group directly holds issuer 54.61% equity。Chen Miaolin controls the issuer through 188bet sports betting Group 54.61% equity，is the actual controller of the company。

January-June 2018，188bet sports betting Realized Operating Income 33,971.110,000 yuan，25 compared with the same period last year,761.450,000 yuan increased by 8,209.660,000 yuan，YoY increase of 31.87%；Realize net profit 8,846.660,000 yuan，2 compared with the same period last year,526.920,000 yuan increased by 319.740,000 yuan，12 year-on-year increase.65%。

188bet sports betting was listed on the New Third Board on February 10, 2015，The company is a property management service provider，Featuring hotel-style property services，Residential、Commercial properties and other institutions，such as bank、Hospital、The government and others provide professional property services。