Violation of duty due to trust，188bet sports betting app download and NPC Holdings, acting in concert, received a warning letter from the Shaanxi Securities Regulatory Bureau。May 22，Disclosure by HNA Caesars Tourism Group Co., Ltd. (referred to as "HNA Caesars Tourism Group")，The controlling shareholders 188bet sports betting app download Co., Ltd. (referred to as "188bet sports betting app download") and Daji Holdings Co., Ltd. (referred to as "Daji Holdings") violated information disclosure regulations due to passive reduction of shareholdings，Regulatory measures taken by Shaanxi Supervision Bureau of China Securities Regulatory Commission (hereinafter referred to as "Shaanxi Securities Regulatory Bureau") to issue a warning letter。

Less than 15 days since the first disclosure of breach of contract and completion of passive reduction，Information disclosure violation

HNA Caesars Travel Group issued risk warning on March 21，Alleging that 188bet sports betting app download and persons acting in concert were involved in pledge repurchase default，The pledgee Horizon Securities Co., Ltd. (referred to as "Horizon Securities") plans to perform default disposal on the pledged equity of HNA Caesars Tourism Group。

March 28，188bet sports betting app download and Daji Holdings passed centralized bidding on the same day、Bulk transaction passive reduction of total holdings of 18854125 shares，Accounting for approximately 2% of the total share capital of HNA Caesars Tourism Group.35%。

From the first risk disclosure to the completion of passive reduction，The interval is only 7 days。According to "Shareholders of Listed Companies、Several Provisions on Reduction of Shareholdings by Directors, Supervisors and Senior Executives" (China 188bet sports betting app download Commission Announcement [2017] No. 9) stipulates that "major shareholders of listed companies、Directors, supervisors and senior management plan to reduce their shareholdings through centralized bidding transactions on the stock exchange，Should report to the stock exchange 15 trading days before the first sale and disclose the reduction plan in advance，Registered by the stock exchange。”

Accordingly，Recognized by Shaanxi Securities Regulatory Bureau，188bet sports betting app download and Daji Holdings violate information disclosure rules，Decided to take regulatory measures to issue warning letters to them。

188bet sports betting app download Bureau said，If you are not satisfied with the supervision and management measures，You can submit an administrative review application to the China Securities Regulatory Commission within 60 days from the date of receipt of the decision；You can also file a lawsuit with the people's court with jurisdiction within 6 months from the date of receipt of the decision。Reconsideration and litigation period，The above supervision and management measures will not stop execution。

188bet sports betting app download has been involved in two other joint liability guarantee breaches

Since 2018，188bet sports betting app download has repeatedly breached the contract，Before being exposed to the pledge repurchase default，There are still two cases of breach of joint liability guarantee。

March 2017，"Shaanxi State Investment HNA No. 1 Collective Fund Trust Plan" was established，Trust fund size 500 million yuan，For operating funds of HNA Aviation Group Co., Ltd.，188bet sports betting app download provides joint liability guarantee。March 2018，Trust loan due，Debtor defaults。End of the same year，188bet sports betting app download plans to transfer Changan Bank 5 to the creditor Shaanxi International Trust Co., Ltd. (referred to as "Shaanxi Guotou").92% equity to pay debts。

September 7, 2016，HNA Innovation Co., Ltd. (hereinafter referred to as "HNA Innovation") applied for a trust loan of 300 million yuan from Hunan Provincial Trust Co., Ltd. (hereinafter referred to as "Hunan Trust")，Joint and several liability guarantee provided by 188bet sports betting app download。September 10, 2018 is the repayment deadline，HNA Innovation did not repay the loan on time。For this，188bet sports betting app download once again fell into joint liability breach。January 2019，Hunan Trust combines 188bet sports betting app download and HNA Innovation、HNA Industrial Group Co., Ltd. went to court together。The first instance of the case has been pronounced，HNA Innovation needs to repay the principal and penalty interest，188bet sports betting app download shall be jointly and severally liable for the debts。

*Source of this 188bet sports betting app download: XinjingNewspaper, author: Wang Qingbin, original title: "Letter disclosure violation，188bet sports betting app download received a warning letter from the Shaanxi Securities Regulatory Bureau》.