“In 2019, some non-listed companies in the 188bet best bookmaker have set a revenue target of 2 billion yuan。Generally speaking，Income from a large-scale exhibition event，25%-30% is public relations fee，The other 25%-30% is the venue fee。So the remaining 40% or so is minus taxes、Labor costs and other procurement costs are profits。”At the 2018 Convention and 188bet best bookmaker Exhibition held in Beijing from December 26th to 28th，Liu Haiying, Chairman of the China Convention and Exhibition Council, said this in an interview with Economic Observer Network。

“The 188bet best bookmaker belongs to the service industry，The scale of the enterprise is relatively small，Mediocre profitability，Many companies do cross-border exhibitions。However，Some excellent exhibition companies，Can also have excellent performance，For example, if you have the ability to hold ten、Exhibitor group for an exhibition covering an area of ​​more than 200,000 square meters，Many exhibitions can be held in one year，Sometimes an exhibition can generate 60 million in revenue，Profit can reach tens of millions。Generally speaking, the 188bet best bookmaker is very small，But do it to the extreme，The profit is still considerable。" Ni Wei, President of China Convention and Exhibition Magazine, said in an interview with Economic Observer Network。

Convention and 188bet best bookmaker refers to the conference industry and 188bet best bookmaker，It is an emerging service industry。According to statistics from the Ministry of Commerce，A total of 4,425 exhibitions and conferences were held in professional exhibition venues across the country in the first three quarters of last year，The total exhibition area reached 77.82 million square meters，An increase of 5 compared with the same period last year respectively.3% and 0.6%。

Exhibition is an industry with high industrial correlation，The holding of exhibitions involves exhibition event planning and promotion、Venue Rental、Booth construction、Travel services and many other aspects，Therefore, the 188bet best bookmaker is more of an industrial chain。"Generally speaking，Divided into upstream、Midstream and downstream。" Liu Haiying said，He pointed out，The upstream is mainly the organizer and exhibitor organizer (exhibitor organizer refers to through bidding、Approval、Delegation and other methods，The unit determined by the organizer to be responsible for the specific implementation of the entire exhibition)，In our country, party and government agencies are generally used、Industry Association、Domestic enterprises and foreign-funded enterprises are the leading companies。The rise of famous professional exhibition organizers (PCO) at home and abroad in recent years，It has gradually become one of the upstream entities。“From the perspective of profit distribution，Profits are mainly concentrated on the organizer。" Liu Haiying said。

The midstream is mainly the convention and exhibition center，That is, the venue of the exhibition，Mainly provides exhibition halls for exhibition activities，Collect rental income。This area is often a concentrated expression of the financing needs of companies in the 188bet best bookmaker。“The construction of an exhibition hall often costs tens of billions of investments，It is obviously unrealistic to rely on a single company’s own funds。Construction funds mainly come from loans、Government investment and financing，There are also joint ventures, etc.。" Ni Wei said。

Downstream are various service providers，Construction of booths in large venues、Provision of information services，Customization as small as exhibition badges，All belong to the service provider’s content。“There are many companies that serve exhibitions，However, there are not many companies whose sole main business is exhibition services，Most of them provide comprehensive exhibition-related services，For example, a travel agency helps with ground pick-up，Then travel agencies in this sense，Can also be regarded as part of the 188bet best bookmaker。There are many service points in the 188bet best bookmaker，Some are lighting people，Some are speakers，Some make LED screens，They are all part of the 188bet best bookmaker，But it is not entirely in the 188bet best bookmaker。" Ni Wei said。

It is reported，Because there is an obvious cross-border phenomenon among companies serving the 188bet best bookmaker，Many service points，At the same time, the 188bet best bookmaker association has not yet been established, etc.，The current number of specific companies in the 188bet best bookmaker，There is no clear statistics，“There must be tens of thousands of companies。" Liu Haiying said，

“The 188bet best bookmaker Association has been saying this for twenty years，Never landed，A convention and 188bet best bookmaker alliance has now been established，The alliance has been established for more than a year，Prepare for the next step of establishing an industry organization，The establishment of the association will help further integrate the resources of the 188bet best bookmaker，Promote better development of the 188bet best bookmaker。"Ni Wei said。

According to reporter’s incomplete statistics，Currently there are more than 20 companies mainly engaged in exhibitions and upstream and downstream businesses listed on the New Third Board，However, the road for enterprises in the 188bet best bookmaker to enter the A-share market does not seem to be "smooth"，Among them, Shangge Exhibition Co., Ltd. submitted a prospectus for its initial public offering and listing on the GEM in December 2015，The IPO review was terminated in 2017 due to doubts about the issuer's qualifications or restrictions on the intermediary's professional behavior, which made it impossible to continue the review process；Tianjin Zhenwei Exhibition Co., Ltd. (hereinafter referred to as "Zhenwei Exhibition"，834316) was originally expected to become the first listed company to list on the A-share market with exhibition services as its main business。Zhenwei Exhibition was listed on the New Third Board on November 24, 2015，It submitted the application documents for the company’s initial public offering of shares and listing on the GEM to the China Securities Regulatory Commission on June 9, 2017。December 5, 2018，Zhenwei Exhibition announcement，Due to the company adjusting its listing plan，After careful study and prudent decision by the company，Suspended the listing process，Planning to terminate the application for initial public offering of stocks and listing on GEM and withdraw relevant application documents。

Zhejiang Miolante Business 188bet best bookmaker Co., Ltd. (hereinafter referred to as "Miolante 188bet best bookmaker"，831822) submitted an application for the initial public offering and listing of A shares to the China Securities Regulatory Commission on September 22, 2017，and accepted。Announcement as of December 27, 2018，The company’s stocks are suspended from trading for a long time，Currently still in the process of board transfer，If everything goes well，It may become the “first convention and 188bet best bookmaker stock” listed on the A-share market。

For the current listing situation of enterprises in the 188bet best bookmaker，Liu Haiying thinks，Companies that choose to go public are companies that develop better in the 188bet best bookmaker。“The 188bet best bookmaker is a service industry，The main business of the enterprise is mainly concentrated in the upstream and downstream，Belongs to the light asset industry，There are many considerations for listing，Such as fame、Financing, etc.，But it is not necessarily the best company in the industry。"he revealed，A few days ago, a non-listed company in the 188bet best bookmaker mainly engaged in upstream and downstream operations，The full-year revenue target for 2019 has been set at 2 billion yuan。

*Source of this 188bet best bookmaker: EconomyObserver, author: Huang Lei, original title: "The "small but beautiful" 188bet best bookmaker: some companies have set a revenue target of 2 billion in 2019》.