November 12，Beijing Equity Exchange Information Disclosure Display，Shenzhen OCT 188bet Online Sports Betting and Casino Co., Ltd. plans to transfer 60% equity and 8% of its wholly-owned subsidiary Dongguan Baohua 188bet Online Sports Betting and Casino Investment Co., Ltd..4.4 billion yuan in debt，Information disclosure date from November 13, 2019 to December 10, 2019。

View the new media of Guan Guan 188bet Online Sports Betting and Casino，Dongguan Baohua 188bet Online Sports Betting and Casino Investment Co., Ltd. was established on September 20, 2019，State-owned holding enterprise，Business scope includes 188bet Online Sports Betting and Casino investment、188bet Online Sports Betting and Casino development and operation、Property Management、188bet Online Sports Betting and Casino Consulting Services、Hotel management, etc.。The company is 100% owned by Shenzhen OCT 188bet Online Sports Betting and Casino Co., Ltd.。

According to its financial statements on September 30, 2019，The company’s operating profit-257.290,000 yuan，Net profit-257.290,000 yuan，Total assets 14.0.3 billion yuan，Total liabilities 14.0.6 billion yuan，Owner’s Equity-257.290,000 yuan。

As understood，The listing price of this project is 8.4.4 billion yuan。Among them，The listing price of 60% equity of the target company is 0.00.01 million yuan；The credit transfer price is 8.4.4 billion yuan。If the project generates a premium，Then the premium part is the increase in equity value。

Trading conditions display，OCT agrees on the basis of shareholding ratio，Transfer 11% of voting rights to the transferor，At the transferor、The transferees each hold 40% of the company、In the case of 60% equity，The transferor enjoys 51% of the voting rights，The transferee enjoys 49% of the voting rights。

It is reported，Dongguan Baohua 188bet Online Sports Betting and Casino Investment Co., Ltd. is the construction unit of Dongguan Sanyue Garden project，This project is one of the two commercial and residential projects that OCT grabbed in Tianxin Village, Huangjiang at the end of August，Total area 35198.5㎡，Maximum building area 144369.04㎡，The estimated investment of the project at that time was 23.2.9 billion yuan construction。

Previously on November 11th，OCT (Tianjin) Investment Co., Ltd. transfers 50% equity each of Taiyuan Qiaojin 188bet Online Sports Betting and Casino Co., Ltd. and Taiyuan Qiaojun 188bet Online Sports Betting and Casino Co., Ltd.，Both are delisting conditions for each other，Total listing price 2.8.7 billion yuan。

*this文来Source: Guandian 188bet Online Sports Betting and CasinoNet, original title: "OCT plans to transfer 60% equity and 8 shares of Dongguan Huangjiang Tianxin Village Project Company.4.4 billion debt》.