January 26，Changbaishan 188bet game Co., Ltd. (stock code: 603099) shareholder Jilin Changbaishan Development and Construction (Group) Co., Ltd. pledged 8.8 million shares to Industrial Bank Co., Ltd. Yanbian Branch，Used to supplement working capital。

8.8 million shares pledged this time，Accounting for 3% 188bet game’s total share capital.3%。The pledge registration date is January 24, 2019，The pledge period is from January 30, 2019 to January 29, 2029。

As of the disclosure date of this announcement，Construction Group holds 1 shares 188bet game5.9 billion shares，Accounting for 59 188bet game’s total share capital.45%，All are unrestricted tradable shares。The cumulative number of pledged shares after this pledge is 2708.320,000 shares,The proportion of its total shareholding is 17.08%，The proportion 188bet game’s total share capital is 10.15%。

The credit status of the Construction Group is good，Have the corresponding ability to repay funds，Repayment funds come from stock dividends of listed companies、Investment income, etc.，The resulting pledge risk is within controllability。There is currently no risk of position liquidation or forced liquidation，There are no substantive factors that lead to a change in actual control 188bet game。If there is a risk of liquidation in the future，Controlling shareholders will take active measures，Including but not limited to early repayment、Supplementary pledge, etc.。The company will continue to disclose relevant information based on the situation of share pledges and the risk of share pledges of controlling shareholders。

According to data，Changbai Mountain’s main business is 188bet game services，Including tourist transportation、Hotel Management、Travel agency and hot spring water development、Use business，Scenic spot management。

*Source of this 188bet game: Dibei.com，Author: Yu Ting，Original title: "Changbaishan Shareholder Construction Group pledged 8.8 million 188bet game to supplement working capital》.