March 13，Yunnan 188bet Co., Ltd. (stock code: 002059) issued an announcement，The company’s issuance of shares and payment of cash to purchase assets and related transactions were reviewed and approved by the Mergers and Acquisitions and Reorganization Review Committee of the China Securities Regulatory Commission。

March 13，The Mergers, Acquisitions and Reorganization Committee of the China Securities Regulatory Commission held the 8th working meeting in 2019，Issue shares to Yunnan 188bet and pay cash to purchase OCT Group、Li Jian、Wen Hongguang、The transaction of 100% equity of Shenzhen OCT Cultural 188bet Technology Co., Ltd. jointly held by Jia Baoluo was reviewed。According to the meeting review results，The company’s restructuring was unconditionally approved。According to the "Administrative Measures for Major Asset Reorganization of Listed Companies"、"Guiding Opinions on Improving the Stock Suspension and Resumption System of Listed Companies" and other relevant regulations，The company’s stocks will resume trading from the opening of the market on March 14, 2019。Currently，The company has not yet received the official approval document from the China Securities Regulatory Commission，An announcement will be made after receiving the relevant approval documents。

2017，OCT Group increased its capital to Expo 188bet Group through its wholly-owned subsidiary OCT Yunnan to obtain its controlling stake，This leads to changes in Yunnan 188bet control，As of now, the change of control of the listed company has not been completed for 60 months。In addition, Wenlv Technology’s net assets and net profit attributable to shareholders exceed those of listed companies，This transaction constitutes a restructuring and listing。

After this transaction is completed，The controlling shareholder of the listed company--Expo 188bet Group's shareholding ratio in the listed company dropped to 35.83%，But still the largest shareholder，After the completion of this transaction, the World Expo 188bet Group and the indirect controlling shareholder of the listed company, OCT Group, will directly hold a total of 53% of the listed company..86% equity，The indirect controlling shareholders and actual controllers of the listed company are still OCT Group and the State-owned Assets Supervision and Administration Commission of the State Council respectively，There is no change in control before and after the transaction。

For this merger and acquisition，Yunnan 188bet information，By placing cultural 188bet technology，The company will further leverage its resource advantages in the field of cultural 188bet，Extending business to 188bet park planning and design、R&D and production of high-tech amusement equipment、At the same time as engineering construction, etc.，Utilize the technological innovation capabilities of cultural 188bet technology，Supported by technology，Optimize and transform scenic spots，Realizing the transformation and upgrading of Yunnan’s traditional 188bet model。