188bet sports betting app download announcement，Controlling shareholder of the company、Chairman Wu Guichang and his persons acting in concert transferred part of the equity held by him，Transferred to Henan Yuzi Affordable Housing Management and Operation Co., Ltd. (hereinafter referred to as Yuzi Affordable Housing), a wholly-owned subsidiary of Zhongyuan Yuzi Holding Group Co., Ltd. (hereinafter referred to as Yuzi Holdings)，At the same time, the equity transfer with Qixia Construction (600533) was terminated。

The largest shareholder of 188bet sports betting app download will change

According to the announcement，Wu Guichang, the transferee of Yuzi’s affordable housing and his persons acting in concert、Lin Congxiao、Zhejiang Yitong Pfizer Equity Investment Co., Ltd.、The trustee of the Palm Employee Stock Ownership Plan "Guocom Trust Co., Ltd." and others in total 1.9.5 billion shares，Accounting for 13% of the total share capital of 188bet sports betting app download10%，The transfer price is 3.94 yuan/share。

After the equity transfer is completed，Wu Guichang and his concerted parties’ shareholding ratio increased from 14.37% dropped to 8.59%，The price of Yu-funded affordable housing is 13.10% shareholding ratio，Become the largest shareholder of 188bet sports betting app download。

Description of Yuzi’s affordable housing，Will hold 188bet sports betting app download for a long time。According to relevant detailed equity change report disclosure，"Within 12 months after the completion of this equity change，Yuzi affordable housing will not transfer the shares obtained in this equity change。”actually，Yuzi affordable housing is not satisfied with the number of shares obtained from this transfer，Also plans to conduct centralized bidding transactions in the next 12 months、Bulk transactions or other methods permitted by laws and regulations，Continue to increase holdings of 188bet sports betting app download。

Industrial and commercial information query display，Yuzi affordable housing is a 100% owned subsidiary of Yuzi 188bet sports betting app download，Yuzi 188bet sports betting app download is 100% controlled by the Henan Provincial Department of Finance。Yuzi 188bet sports betting app download official website display，Yuzi 188bet sports betting app download was established in May 2011，Registered capital 10 billion yuan，This is the Henan Provincial Government’s plan to support the province’s new urbanization construction，Promote the integrated development of urban and rural areas，Approved to be a provincial investment and financing company established solely by the Henan Provincial Department of Finance。

It is worth mentioning，The equity transferor and the transferee have agreed on the subsequent business operations of 188bet sports betting app download，If Future Palm shares experience continuous losses、Major changes such as suspension or termination of listing，The equity transferor needs to pay corresponding compensation。Palm shares think，This move reflects that the equity transferor has sufficient confidence in the future development of 188bet sports betting app download。

According to introduction，Yuzi 188bet sports betting app download is based on the functional positioning of provincial functional enterprises in Henan Province，Focusing on “Integration of Industry and City，Inline and external quotes，Deepening the reform of state-owned enterprises，Create a business cooperation ecosystem，The overall idea of ​​supporting high-quality development in Henan”，The company promotes market transformation with the entry point of cultural tourism industry。

This time，Yuzi Holdings joins hands with 188bet sports betting app download，It is derived from the highly consistent corporate development and business philosophy of both parties。After the policies of characteristic small towns and rural revitalization as national strategies were successively introduced，Both parties are committed to rural revitalization、Specialized town、In-depth cooperation in all-region tourism and other fields，Achieve strong alliance through ecological town model，Brings significant support and synergistic benefits to China’s new urbanization。

188bet sports betting app download Representation，After this signing，Yuzi Holdings will fully mobilize resources from all aspects，Strengthen collaboration with Palm Co., Ltd. in traditional garden engineering business and ecological town industry in Henan Province，Promote the pace of rural revitalization and construction in Henan，The company has entered a new period of development。

Yuzi 188bet sports betting app download will provide 1 billion financing support

From the perspective of Yuzi Holdings，188bet sports betting app download have been exploring ecological towns for many years，Has extensive experience in the field of ecological towns、Mature ecological town team、Advantages such as increasingly mature industrial chain。

Yuzi Holdings believes，Hanshou 188bet sports betting app download can complement Yuzi Holdings’ resources，Further promote the transformation and upgrading of Yuzi Holdings，Promote the high-quality development of Yuzi Holdings。And Palm shares introduced strategic shareholder Yuzi Holdings at the right time，Will collaborate in the industry of 188bet sports betting app download、Resource integration、Project investment and financing、Actively promote capital operation and other aspects，Significantly improve the credit rating of 188bet sports betting app download，Broaden its financing channels。

Yuzi Holdings as a state-owned asset，This time, we also fully expressed our sincerity to 188bet sports betting app download: after the agreement takes effect，Yuzi Holdings will provide financing support equivalent to 1 billion yuan to 188bet sports betting app download。

Among them，After this agreement comes into effect, Yuzi Holdings will initiate arrangements to provide the first loan of no more than 500 million yuan to 188bet sports betting app download，The remaining part of this financing support can be provided by Yuzi Holdings through shareholder loans、Provide credit enhancement measures and other implementation methods recognized by all parties，And it will be implemented within 6 months after the transaction transfer is completed。Yuzi Holdings provides financing support to 188bet sports betting app download，It will also be conducive to enhancing the strategic business expansion strength of Palm Eco-Town Ecological Town，Resolve its financial pressure。

Among the shareholders who transferred their equity this time，The three Wu Guichang brothers are the founders of 188bet sports betting app download，Has been accompanying the development of 188bet sports betting app download for more than 30 years；Another transfer shareholder—current director of 188bet sports betting app download、General Manager Lin Congxiao joined 188bet sports betting app download as early as 1997，Served in 188bet sports betting app download for more than 20 years，Why are these old shareholders who have deep connections with listed companies willing to transfer part of their equity to external parties？

For this question，Securities Times·e Company reporter interviewed Feng Yulan, secretary of the Board of Directors of 188bet sports betting app download，Learn more about the transaction background。Feng Yulan said，This time the old shareholders are willing to transfer to Yuzi Holdings，Mainly interested in Yuzi Holdings’ focus on supporting new urbanization construction and major industry cultivation support，Its own business, especially cultural tourism business，Can deeply match the company’s ecological town business development model，Both parties can form more levels of synergistic benefits，Joined to promote the forward development of the company’s ecological town business。

It is reported，The three Wu Guichang brothers are the founders and controlling shareholders of 188bet sports betting app download，Except for transferring some shares due to own reasons，Also to seek longer-term development of 188bet sports betting app download。The framework agreement signed with Qixia，Because of the major asset reorganization of Qixia Construction，Involving many procedures、It takes a long time and there is still some uncertainty。After multiple considerations，The three Wu Guichang brothers gave up some of their personal short-term interests，Termination of equity transfer with Qixia Construction，And paid 100 million yuan in compensation。

Data display，Qixia Construction has strategically participated in Palm shares since 2008，Become a shareholder of 188bet sports betting app download，After that, he participated in the private placement of Palm shares，In September 2018, we continued to increase our holdings of Palm shares 5.08% of shares。more than 10 years，Qixia Construction and 188bet sports betting app download have always maintained a good relationship。October 2018，Qixia Construction Announcement，Planned acquisition of Wu Guichang、Wu Jianchang、Wu Hanchang’s 5% to 8% stake in Palm shares。

Evening of February 12th，Qixia Construction disclosed the announcement on the termination of the transfer of Palm shares。Information from Qixia Construction，Will continue to support the development of 188bet sports betting app download as an important shareholder in the future，Both parties continue to maintain good communication in relevant business sectors，Jointly promote the continuous improvement of Palm shares performance。

It is worth mentioning，The equity transferor and the transferee have agreed on the subsequent business operations of 188bet sports betting app download，If Future Palm shares experience continuous losses、Major changes such as suspension or termination of listing，The equity transferor needs to pay corresponding compensation。Feng Yulan thinks，This move reflects that the equity transferor has sufficient confidence in the future development of 188bet sports betting app download。

188bet sports betting app download Representation，The synergistic benefits between the company and Yuzi Holdings will gradually be reflected。After signing the contract，Yuzi Holdings will fully mobilize resources from all aspects，Strengthen collaboration with Palm Co., Ltd. in traditional garden engineering business and ecological town industry in Henan Province，Promote the pace of rural revitalization and construction in Henan，The company has entered a new period of development。

*Source of 188bet sports betting app download article: Securities Times·e Company,OriginalTitle:《Henan State-owned Assets plans to invest in 188bet sports betting app download and join hands in strategic layout of ecological towns》.