Evening of December 13th，188bet game Development Co., Ltd. disclosure announcement，The company (as the seller) enters into a sale and purchase agreement with Zhizun Holdings Limited (as the buyer)。

According to agreement，188bet game conditionally agrees to sell and the buyer conditionally agrees to acquire approximately 53% equity of Amazing Wise Limited (target company)，The total consideration is HK million。At the same time，Chen Changwei (being the beneficial owner of all issued share capital of the buyer) is the buyer’s guarantor under the sale and purchase agreement。

On the announcement date，The target company is a subsidiary of 188bet game，And it indirectly holds 100% equity in Hengli City。At the same time，The target company is 53% owned by 188bet game and 47% owned by the buyer，The buyer is wholly owned by Chen Changwei。

Guandian Real Estate New Media learned，The business scope of the target company Amazing Wise Limited is holding、Operation and management of Hengli City。Hengli City is a residential building located in the core financial district of Fuzhou、Office and retail integrated project。According to the target company’s 2018 financial report，its net loss after tax 3.HK.8 billion。

According to another report on October 18，188bet game signed a deed of transfer of the London project receivables with Wanda Hong Kong on that day。Accordingly，188bet game has agreed to transfer to Wanda Hong Kong the rights arising from the London project receivables、Ownership and Interest，Total £24 million，Equivalent to about 2.HKD 4.1 billion。

Same day，188bet game Australia Real Estate and 188bet game Hong Kong enter into a deed of transfer of Australian project receivables，Accordingly，188bet game Australia Real Estate has agreed to transfer the rights arising from the Australian project receivables to 188bet game Hong Kong、Ownership and Interest，The total amount is 1.AU>253_word_end<.5 billion，Equivalent to about 5.HK.7 billion。

*this文来Source: ViewpointProduct network, original title: "188bet game plans to sell 53% stake in Fuzhou Hengli City project》.