December 29，Leyinda Sports Development Co., Ltd. announced the progress of the transfer of equity interests in wholly-owned subsidiaries and related transactions and the progress of the public listing of the transfer of the company's claims。

As understood，On December 6, 2019、December 24，Rhine Sports is optimizing the asset structure，Highlight the main business，Comprehensively accelerate the transformation of the sports industry，Deliberation and approval were approved to acquire 100% equity of Leyinda Western Sports Development 188bet app Co., Ltd. ("Western Sports") held by the company、100% equity transfer of Laiyinda Sports Town Construction and Development Co., Ltd. ("Lyinda Town") to Chengdu Culture and Tourism Development Group Co., Ltd. ("Chengdu Culture and Tourism Group")，Western Sports is trading at RMB 1.7.7 billion yuan，100% equity transaction price of Rhine Town is RMB 1.2.3 billion yuan。

As of the disclosure date of this announcement，Chengdu Cultural Tourism Group has agreed in accordance with the "Property Rights Transaction Contract (Equity Type)"，paid the first 50% of the equity transfer payment of Western Sports to the company 8,857.260,000 yuan、Rhine Town Equity Transfer Payment 6,132.720,000 yuan。Rhine Sports has obtained the transaction authentication certificate issued by Southwest United Equity Exchange，And complete Western Sports、Rhine Town Equity Transfer Industrial and Commercial Change Procedure，The company no longer holds Western Sports、Equity in Rhine Town，Western Sports、Rhine Town is no longer included in the company's consolidated statements。

Also，Rhine 188bet app download Sports also reviewed and approved the transfer of the creditor's rights receivable from the natural person Miao Liang due to the transfer of 82% equity of Rhineda Sports Venue Management Co., Ltd. ("Rhine Venue") through public listing and determined the listing price to be 3,547.090,000 yuan。

On December 6, 2019，Leyinda Holding Group Co., Ltd. issued a "Letter of Commitment" to Rhine Sports，Irrevocable commitment to the company，Register as the intended transferee and participate in the delisting when the company transfers its claims through public listing on the Southwest Stock Exchange。

Recently，Leyinda Holdings has transferred 3 to the capital supervision account of the Southwest Stock Exchange as promised,547.090,000 yuan performance bond，If Leyinda Holdings finally becomes the transferee of creditor's rights confirmed by the Southwest Stock Exchange，The performance bond will be automatically converted into the transaction price of the claim。This transaction still needs to comply with the public listing procedures of Southwest United Equity Exchange，There is uncertainty about whether the transferee 188bet online sports betting can be recruited and the delisting party will eventually。

188bet sports betting app download TextSource: ViewDian Real Estate Network, original title: "Rhine Sports completed the transfer of 100% equity of Western Sports and Rhine Town》.