The evening of December 23rd，Pathfinder(300005.SZ) Announcement，Company’s controlling shareholder、The actual controllers Sheng Faqiang and Wang Jing signed the "Share Transfer Agreement" with Beijing Tongyu Advanced Equity Investment Center (Limited Partnership) (hereinafter referred to as "Tongyu Fund") on December 22, 2019。

Sheng Faqiang and Wang Jing plan to transfer a total of 6892 unrestricted shares of the company they hold 188bet app download to Tongyu Fund through agreement transfer.160,000 shares，Accounting for 7% of the company’s total share capital.733% (after excluding the number of shares in the special repurchase account，Accounting for 7% of the total share capital of Pathfinder.80%)。The transfer price of this transaction is determined to be 4 per share.5 yuan。

After this equity change，Sheng Faqiang and Wang Jing hold a total of 2 shares in the company.0.6 billion shares，Accounting for 23% of the company’s total share capital.198% (after excluding the number of shares in the special repurchase account，Accounting for 23% of the total share capital of Pathfinder.40%)，Still the controlling shareholder of the company、actual controller。

Pathfinder said，After the completion of this share transfer，will introduce important strategic shareholders to the company，Conducive to further optimizing the company’s equity structure and governance structure，Enhance the company’s competitiveness and enhance its value。

It is reported，Pathfinder’s revenue from the company’s main outdoor products business in the 188bet app first three quarters of 2019 was 7.9.5 billion yuan，11 more than the same period last year.11%；The company’s overall consolidated operating income in the first three quarters decreased compared with the same period last year，Mainly because the company optimizes the business structure related to travel services according to the current strategy，Due to the reduction and divestiture of some travel service businesses with lower profit margins。