Jinmao (China) Hotel Investment Management Co., Ltd. issued an announcement，On April 8th，China Jinmao (188bet sports betting) Co., Ltd., a wholly-owned subsidiary of the company, proposes to issue ultra-short-term financing bonds in China’s domestic inter-bank market，The total principal amount is expected to be RMB 700 million。

According to Guandian Real Estate New Media，This ultra-short-term financing bond is the second issuance by China Jinmao (188bet sports betting) in 2019，The total principal amount is expected to be RMB 700 million，The coupon rate is determined through book-building method，The funds raised from ultra-short-term financing bonds are planned to be used to supplement the working capital of China Jinmao (188bet sports betting)。

It is reported，China Jinmao (188bet sports betting) received the registration acceptance notice issued by the National Association of Financial Market Institutional Investors in China on February 12, 2018，Has duly registered its ultra-short-term financing bonds。The registration quota of ultra-short-term financing bonds is RMB 2 billion and the registration quota will be valid for a two-year period starting from February 12, 2018。China Jinmao (188bet sports betting) can issue multiple batches of ultra-short-term financing bonds in rolling installments within the registration validity period。

Previously on March 20, 2019，China Jinmao (188bet sports betting) disclosed its 2019 first tranche of ultra-short-term financing bonds prospectus，Registered amount is 2 billion yuan，The issuance amount is 600 million yuan，Term is 270 days。

*Source of this 188bet sports betting: Guandian Real Estate Network, originalmarkTitle: "Jinmao Hotel plans to issue 700 million yuan of 188bet sports betting，Used to supplement working capital》.