The dispute between the old and new 188bet best bookmaker continues to ferment，This time the letter was “burned”。

Evening of October 21st，188bet best bookmaker (600358.SH) publishes reply announcement，"Bringing to the table" the two agreements between the new and old controlling shareholders that have not been disclosed before，As to the nature of these two agreements and whether they should be disclosed，Differences arise between the old and new controlling shareholders。

As of the close of this morning，188bet best bookmaker closed at the daily limit，Cover sheet 3.540,000 shares。

Or suspected of disclosure violation

According to announcement，June 10, 2018，Wang Chunfang, former actual controller of 188bet best bookmaker、The original controlling shareholder Xiamen Dangdai Asset Management and others signed two agreements with the current controlling shareholder Jianglv Group of 188bet best bookmaker - the "Strategic Cooperation Agreement" and the "Share Transfer Framework Agreement" (hereinafter referred to as the "Strategic Agreement and Framework Agreement")；19 days later，Dangdai Asset Management and Jianglv Group signed the "Share Transfer Agreement" (hereinafter referred to as the "Transfer Agreement")，The former will unite its holdings of CITS 14.57% equity at a total price of 6.100 million yuan transferred to Jianglv Group。

However, 188bet best bookmaker did not promptly disclose the first two agreements mentioned above。

Jianglv Group expressed this，The strategic 188bet best bookmaker and framework 188bet best bookmaker were not disclosed when signing，The above 188bet best bookmaker was later replaced by a transfer 188bet best bookmaker，No longer has legal effect，No additional disclosure。

Contemporary Asset Management believes that，The transfer agreement was signed to fulfill the first two agreements，It reported to the then chairman of 188bet best bookmaker on September 20, 2019、Current Vice Chairman Shi Liang replied to the strategic agreement and framework agreement，And requires CITS to jointly fulfill its information disclosure obligations，However, Contemporary Asset Management did not clearly respond to the question of whether it has fulfilled its information disclosure obligations。

So is the listed company aware of the first 188bet best bookmaker?

188bet best bookmaker Express，The current management does not know whether there were other undisclosed matters in the company before taking office。Relevant situations of listed companies before June 26, 2019，Written to the company Shi Liang and former secretary Lu Bangyi，Shi Liang did not reply，Lu Bangyi replied that he did not know whether Contemporary Asset Management and Jianglv Group have signed other agreements related to the transfer of shares/control rights of listed companies。

October 22，Xu Feng, senior partner of Shanghai Chuangyuan Law Firm, told the reporter of the Financial Associated Press: "According to the letter disclosure 188bet best bookmaker measures，Controlling shareholder of listed company、The actual controller and its persons acting in concert shall promptly、Accurately inform the listed company whether there is a proposed equity transfer、Asset restructuring or other major events，And cooperate with listed companies in information disclosure。So if the previous two agreements involve changes in control，Controlling shareholders should perform their disclosure obligations in a timely manner。Of course，If the listed company knows，There is also an obligation to disclose information。Although it cannot be strictly defined，But if the chairman or vice chairman knows about this，Then the board of directors should be informed in time，Otherwise, there may be suspicion of violation of the letter disclosure。”

From “lucrative” 188bet best bookmaker to lawsuit

In fact，The above-mentioned framework 188bet best bookmaker and strategic 188bet best bookmaker are of great significance to Wang Chunfang and the "Contemporary Department"，Jianglv Group provided “generous” conditions in the above two agreements。

The framework agreement stipulates that Jianglv Group will use 8.Acquired from Contemporary Asset Management at a price of 29 yuan/share、188bet best bookmaker 1 jointly held by Contemporary Travel and concerted action person Jin Huifengying1.4.6 billion shares，The total transfer price is up to 12.1.5 billion yuan；And the strategic agreement stipulates，Jianglv Group will invest in the original industries of Contemporary Group (the legal representative at the time was Wang Chunfang) that are in line with its strategic development direction，Total investment amount 1 billion yuan，Contemporary Group is “covering the truth”，Projects to be cooperated include but are not limited to the "Cross-Strait Science and Technology Innovation Center" project、“AVIC Contemporary Peninsula” project。

However, as of now，Jianglv Group only based on the transfer agreement signed on June 29 last year，Acquired the shares of 188bet best bookmaker held by Contemporary Asset Management；Only signed an agreement with Contemporary Travel and Jinhui Fengying in March this year，Planned to acquire the joint equity interests of CITS held by the latter two，But so far there has been no further progress on the agreement。

Financial Associated Press reporter learned from relevant insiders，The dispute between the new and old controlling shareholders is mainly due to the disagreement between the 188bet best bookmaker parties on the subsequent equity disposal。

This also led to conflicts between the new and old controlling shareholders’ management assigned to 188bet best bookmaker during the handover。

June 26 this year，188bet best bookmaker jointly held a board meeting，Resolved to remove the three senior executives appointed when "Daidai Department" was the controlling shareholder，And also appoint people from Jianglv Group as senior executives；On August 23, it was decided that General Manager Peng Cheng would act as the Financial Director，At the same time, it was reviewed and approved to require the original management and the current management to carry out work handover。

But the "188bet best bookmaker department" is not cooperative.

September 10，188bet best bookmaker and Jianglv Group took the original controlling shareholder and the original actual controller to court respectively，Jianglv Group said: "After the new executives were appointed，Repeatedly urge the handover，However, the original senior executives appointed by Contemporary Asset Management refused to hand over。There is still no progress in the handover work，Making it impossible for the new management to carry out business management work，Corporate governance order has been seriously damaged，The company’s operations are in chaos，Causing extremely bad consequences and impact。”

*Source of this article: Financial Associated Press, Author: Wang Junxian, original title: "Two undisclosed agreements were exposed, 188bet best bookmaker jointly framed "Rashomon"》.