China Tobacco Chongqing Industrial Co., Ltd. (hereinafter referred to as "China Tobacco Chongqing") has put up its loss-making hotel assets for sale for the second time and may have failed。February 19，Beijing Business Daily reporter learned from Chongqing Equity Exchange，China Tobacco Chongqing listed its holdings of Chongqing Hongsheng Hotel Co., Ltd. (hereinafter referred to as "Hongsheng Hotel") 50.47% equity，The listing price is 3687.310,000 yuan，The time is December 13, 2018 - February 19, 2019。This means that if there is no taker on February 19，China Tobacco Chongqing’s plan to “shed the burden” is likely to be frustrated again。

Announcement display，2017，Hongsheng Hotel operating profit loss 11.31 million yuan，Net profit loss 9.188bet online sports betting 86 million yuan；As of the end of October last year，Hongsheng Hotel’s operating profit loss was 9.71 million yuan，Net profit loss 9.75 million yuan。In fact，This listing is the second time China Tobacco Chongqing has sold its equity。Last sold on November 6 last year，The listing deadline was December 3 last year，And the listing price has not been disclosed。Second listing in less than ten days，It can be seen that China Tobacco Chongqing is eager to sell Hongsheng Hotel。

Public information display，Chongqing China Tobacco Industry Co., Ltd. is a wholly-owned subsidiary of China Tobacco Corporation，Directly managed by the State Tobacco Monopoly Administration，Established on November 10, 2015，It is the youngest provincial China Tobacco Industrial Company in the country，It is also the only independently established China Tobacco Industrial Company among the four municipalities。

In December last year, China Tobacco Chongqing launched the 2018 annual asset inventory work。This asset inventory is designed to be objective、Truely reflects the financial status of China Tobacco Chongqing。For this，China Tobacco Chongqing has established a leading group for inventory work，188bet sports betting app download Tobacco leaves、Cigarette related liabilities inventory and verification team，Revolving material inventory and verification team and other asset inventory and verification team, etc.。China Tobacco Chongqing requires a thorough inventory of all assets，Asset disposal shall be carried out in accordance with relevant regulations on state-owned assets management。The inventory includes inventory、Fixed assets、Account cleaning of current accounts、Physical inventory、Fixed asset labeling、Preparation of inventory list、Preparation of asset loss statement, etc.。

Zhao Huanyan, a senior expert in the hotel industry pointed out，State-owned enterprises focus on their main business，Spinning off non-core business assets is a trend。China Tobacco Chongqing Annual Asset Inventory，As a loss-making asset, Hongsheng Hotel will naturally become the object of disposal。Also，Chongqing’s accommodation market currently has oversupply and oversupply，The Hongsheng Hotel used to be mainly used for receptions and official meetings，Low marketization，This sale will help improve the operating efficiency of China Tobacco Chongqing’s state-owned assets。

188bet app , original title: "China Tobacco Chongqing’s second listing of loss-making hotel assets may be difficult to sell》.