June 3，The issuance of convertible bonds by 188bet sports betting Co., Ltd. (hereinafter referred to as "188bet sports betting") has been approved by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC")，To be raised funds 7.900 million yuan，Used to purchase aircraft。This is the second time 188bet sports betting has publicly raised funds in the capital market since its listing in 2018。

188bet sports betting is a domestic regional airline，Launched in March 2018。September last year，188bet sports betting discloses issuance plan，The proposed issuance of convertible bonds to raise no more than 7.900 million yuan in funds，Used to purchase 2 A320 series aircraft。June 3，188bet sports betting’ issuance of convertible bonds was approved by the China Securities Regulatory Commission。Introduction to 188bet sports betting，Before the funds raised are in place，The company plans to use self-raised funds to make early investment in raised capital projects，Replace after funds are available。

Since listing，188bet sports betting is always increasing its own aircraft。When launched，188bet sports betting publicly issues 40.5 million shares，Finally net funds raised 7.700 million yuan。According to the prospectus plan，These funds raised will be used to purchase 6 CRJ900 aircraft、3 engine projects and construction of China Aviation Training Center (School) Project (Phase I)。In the aircraft introduction project，Plan to purchase 1 aircraft，Financial lease 5 units，Planned to use approximately 4.700 million yuan raised。

After successful listing，188bet sports betting has made major adjustments to the use plan of the above-mentioned raised funds，Purchased only 1 aircraft，And cancel the introduction of these 5 financial lease aircraft，Therefore, a total of 2 raised funds were actually used.1.7 billion yuan，Only 25 of the total funds raised.91%。188bet sports betting explained this，If 188bet sports betting terminates the financial lease contract of these five aircraft in advance and purchases them instead，Additional handling fees will be added、Tax expenses and capital occupation costs，So the introduction is canceled。

Canceled aircraft lease but added purchase plan，It may be related to the small number of 188bet sports betting’ own aircraft。As of the end of 2018，188bet sports betting operates a total of 44 aircraft，Only 3 aircraft are owned by 188bet sports betting，The rest are leased。

*Source of this 188bet sports betting: Beijing News, author of this 188bet sports betting: Wang Qingbin，Original title: "188bet sports betting issues convertible bonds after meeting，To be raised 7.900 million yuan to buy 2 more planes》.