The news that Su Bo, chairman and president of 188bet mobile Cultural Tourism Development Co., Ltd. (referred to as "188bet mobile"), is assisting the public security agency in the investigation due to personal issues has caused an uproar in the market。

This morning，188bet mobile stock price opened sharply lower and then rebounded slightly，As of morning close，Share price fell by 6.54%，Report 4.29 yuan。

Is it related to internal anti-corruption?

Evening of December 23rd，188bet mobile announced，Su Bo, chairman and president of the company, is assisting the public security agency in the investigation due to personal issues，Relevant matters are yet to be further confirmed by the public security organs。

December 24，According to media reports，This time Su Bo is assisting the public security agency in the investigation due to personal issues，It was the senior officials of 188bet mobile who initiated the internal anti-corruption，The result of proactively reporting the case to the public security organ。It is expected that internal anti-corruption operations will continue。

The Beijing News reporter checked the Sky Eye and found out，Su Bo has 72 companies under his name，Including serving as a senior executive of 188bet mobile Cultural Tourism Co., Ltd.、Actual control of Beijing Oriental Sihe Investment Consulting Co., Ltd.、Served as director of Hunan Overseas Tourism Co., Ltd.，Also participates in 188bet mobile Technology Holdings Co., Ltd.、CICC Times Holdings Co., Ltd.、New Vitality Capital Investment Co., Ltd. and many other companies，Except for Su Bo, the above companies actually control Beijing Oriental Sihe Investment Consulting Co., Ltd., whose business is investment consulting、Other than advertising，Most of the company’s business is related to 188bet mobile。

In fact，Su Bo only became the chairman of 188bet mobile in February this year，Less than a year。Su Bo joined 188bet mobile in 2012，Served as director successively、Chairman of New Silk Road Cultural Tourism Co., Ltd.、Executive Director。Su Bo was in the Pearl River before、Hopson Chuangzhan、As a senior executive of real estate companies such as Chint。

Two veterans took over

As soon as Su Bo was notified of the announcement to assist in the investigation，188bet mobile also issued another board announcement。Announcement display，The 21st meeting of the ninth board of directors of 188bet mobile was held by communication on December 22, 2019，Presided over by Mr. Li Jiangang, Vice Chairman of the company。The meeting reviewed and approved the "Proposal on Removing the Position of Chairman of the Company"；The board of directors agrees to remove Su Bo as chairman，Li Jiangang, vice chairman of the company, will temporarily perform duties on his behalf，Until a new company chairman is elected。

At the same time，Approved by the Nomination Committee 188bet mobile Company’s Board of Directors，The board of directors agrees to re-elect Mr. Ma Chenshan as the director 188bet mobile ninth session 188bet mobile company’s board of directors，And re-elected Mr. Ma Chenshan as a member 188bet mobile Strategy Committee and the Remuneration and Appraisal Committee 188bet mobile Board，The term starts from the date of review and approval by the first extraordinary shareholders’ meeting in 2020 to the expiration date 188bet mobile ninth session 188bet mobile Board of Directors，Su Bo will no longer serve as a director 188bet mobile company and the strategic committee 188bet mobile board of directors、Remuneration and Appraisal Committee Member Position。

According to the recommendation 188bet mobile Nomination Committee 188bet mobile Company’s Board of Directors，The company’s board of directors agreed to appoint Gou Yongping as the company’s president，The term starts from the date of review and approval of this board of directors and ends on the expiration date 188bet mobile ninth session 188bet mobile board of directors。Su Bo no longer serves as the president 188bet mobile company。

Currently，Li Jiangang, chairman of 188bet mobile, temporarily assumes the duties，The position of president is held by Gou Yongping，Public information display，These two are veterans of 188bet mobile。

where，Li Jiangang has served at 188bet mobile for 16 years，Served as Chairman of Changsha 188bet mobile Tongguanyao International Cultural Tourism Development Co., Ltd. from May 2016 to December 2018。

And Gou Yongping graduated from China University of Petroleum，Worked successively in 188bet mobile Gas、Served as a senior executive in Xining 188bet mobile Real Estate and other companies。Served as Assistant General Manager of 188bet mobile and General Manager of Northwest Region in February 2014；Served as Vice President of 188bet mobile from April 2016 to December 2019。

Before 188bet mobile issued the announcement that Su Bo assisted in the investigation，188bet mobile has held a board meeting the day before to complete the changes to the above positions。

The handover period of 188bet mobile

New Hualian Cultural Tourism Development Co., Ltd. is the cultural tourism subsidiary of New Hualian Group、Real estate business platform，The company was listed in 2011。2016，188bet mobile changed the name of the listed company from "188bet mobile Real Estate Co., Ltd." to "188bet mobile Cultural Tourism Development Co., Ltd."，At the same time, the strategic transformation positioning of "cultural tourism + finance + real estate" was established。

From now on，188bet mobile vigorously deploys cultural tourism real estate，Currently it mainly owns Changsha 188bet mobile Tongguanyao Ancient Town、Wuhu 188bet mobile Jiuzi Ancient Town、Xining 188bet mobile International Tourism City、Sichuan 188bet mobile Langzhong Ancient City、Five projects of Jinxiu Villa in Jeju Island, 188bet mobile, South Korea。

Take Changsha 188bet mobile Tongguanyao Ancient Town Project as an example，The overall investment in this project exceeds 10 billion yuan，Create a large-scale comprehensive cultural tourism project of "culture + tourism + technology + leisure + entertainment + business"，It is also a key project launched by 188bet mobile in the past two years。

Big investment in cultural 188bet mobile、The problem of long payback period，Su Bo said in an interview with a Beijing News reporter last year: “Ten billions of investments will be made in advance，Adhere to the principle of putting scenic spots first，Attract tourists for sightseeing；Secondly，Town project equipped with sales properties，Can bring sales results to the company，With the increase of tourists，Will promote the sales of commercial and commercial housing，And the future，The operation of the ancient town will also bring sustainable operating income to the company。”

According to 188bet mobile’s previous announcement，First half of 2019，188bet mobile signed sales volume 29.5 billion yuan，37 year-on-year decrease.75%；Achieve contracted sales area 22.820,000 square meters，Decreased by 44 year-on-year.83%。First half of 2019，188bet mobile achieved operating income of 32.7.1 billion yuan，10 year-on-year increase.27%；Net profit 1.0.6 billion yuan，19 year-on-year decrease.13%。

*thisTextSource: Beijing News, Author: Xu Qian, originalTitle：《188bet mobile’s “handover period” suddenly came, Su Bo’s name involved 72 companies before he was dismissed》.