Following the news that Shaanxi Construction Co., Ltd. will be listed as a whole，Shaanxi state-owned enterprises have made new moves at the beginning of 2020。

"Securities Daily" reporter learned，Shaanxi 188bet online sports betting, a new third board company under Shaanxi 188bet online sports betting Group Co., Ltd. (hereinafter referred to as "Shaanxi 188bet online sports betting Group"), recently welcomed new investors。

In the industry’s view，With the entry of new shareholders，The process of Shaanxi 188bet online sports betting IPO may be accelerated。

Liu Yonghao enters the game

Shaanxi 188bet online sports betting announced recently，CITIC Mezzanine (Shanghai) Investment Center (Limited Partnership) (hereinafter referred to as "CITIC Mezzanine"), as the transferor, will hold approximately 875 shares of Shaanxi 188bet online sports betting770,000 shares，Accounting for 15 of the total share capital.10%，Transferred to Chengdu Sichuan Shang No. 2 Equity Investment Fund Center (Limited Partnership)，The total consideration is approximately 2.5.3 billion yuan。

What’s worth paying attention to，The manager of the transferee Chengdu Sichuan Shang No. 2 Equity Investment Fund Center (Limited Partnership) is Chengdu Sichuan Shangye Equity Investment Fund Management Co., Ltd.，The actual controller is Liu Yonghao, chairman of New Hope Group。

CITIC Mezzanine was previously the second largest shareholder of Shaanxi 188bet online sports betting，Holding Shaanxi 188bet online sports betting 45.10% shares。Before this share transfer，CITIC Mezzanine, as the transferor, will transfer its 17.4 million shares of Shaanxi 188bet online sports betting，Accounting for 30% of the total share capital，Transferred to Ningbo Fengwen Equity Investment Fund Partnership (Limited Partnership) (23.83%) and Hangzhou Guoting Equity Investment Fund Partnership (Limited Partnership) (7.17%），The total consideration is approximately 5.0.2 billion yuan。

The backgrounds of these two funds are not simple either，Both are Ping An Capital Co., Ltd.，The actual controller is Ping An Insurance (Group) Co., Ltd. of China。

The shares transferred by CITIC Mezzanine to Ping An Insurance Group，The stock transfer system has issued a letter of consent for the transfer on December 25, 2019。If the two transactions are successfully implemented after being confirmed by the stock transfer company，The direct shareholding ratio of CITIC Mezzanine in Shaanxi 188bet online sports betting will be 45.10% reduced to 0，The indirect shareholding ratio will be 48.33% reduced to 3.23%。Currently，Shaanxi 188bet online sports betting Group currently directly holds Shaanxi 188bet online sports betting 47.59% of shares，its controlling shareholder，The actual controller is Shaanxi Provincial State-owned Assets Supervision and Administration Commission。

“Shaanxi 188bet online sports betting is the leading enterprise in Shaanxi 188bet online sports betting industry，Steady expansion and development in recent years，Industrial formats are constantly enriched，The overall development momentum is good。" Unit Zhuang, president of Xi'an Chaohua Management Science Research Institute, told a reporter from Securities Daily，In the context of the current mixed-ownership reform of state-owned enterprises and the securitization of state-owned assets，The construction of diversified investment entities has a positive effect on the development of Shaanxi 188bet online sports betting。

Shaanxi 188bet online sports betting IPO or speeding up

Data display，The predecessor of Shaanxi 188bet online sports betting was the Shaanxi Provincial 188bet online sports betting Architecture Planning and Design Institute established in 1987 with the approval of the former Shaanxi Provincial 188bet online sports betting Bureau，32 years of development history，The main business is 188bet online sports betting planning, design and management。But in June 2016，After the design institute absorbed and merged with Shaanxi 188bet online sports betting Culture Industry Development Co., Ltd.，The main business is changed to 188bet online sports betting and performing arts、Tourist Ropeway and Passenger Transport、Travel catering、188bet online sports betting industry operation with 188bet online sports betting planning, design and management as the core。

January 16, 2017，Shaanxi 188bet online sports betting listed on the New OTC Market through agreement transfer。2017 and 2018，Shaanxi 188bet online sports betting Analysis Achieves Revenue 4.900 million yuan and 5.400 million yuan，YoY growth of 7.01% and 11.04%；Deduction of non-net profit 9524.230,000 yuan and 1.3.3 billion yuan，44 year-on-year increase.84% and 39.30%。

In the 2019 semi-annual report released by Shaanxi 188bet online sports betting，The company achieved operating income 2.600 million yuan，9 year-on-year increase.18%；Realized net profit attributable to parent company 0.6.8 billion yuan，17 year-on-year increase.95%。

Shaanxi 188bet online sports betting’s current revenue mainly comes from performing arts、Ropeway and catering components，That is, the maintenance and management business of Huashan Xifeng Cableway and Wengyu Highway operated by Shaanxi Taihua 188bet online sports betting Cableway Highway Co., Ltd.、The large-scale real-life historical dance drama "Song of Everlasting Regret" operated by Shaanxi Everlasting Regret Performing Arts and Culture Co., Ltd.、Xi'an Tang Le Palace Co., Ltd. mainly engages in catering and Tang Palace music and dance performances, etc.。

According to the annual report for the first half of 2019，His income from 188bet online sports betting and performing arts 0.8.1 billion yuan，YoY growth of 7.40%；Tourist Ropeway Passenger Transport Revenue 1.500 million yuan，10 year-on-year increase.46%；188bet online sports betting and catering income 0.2.4 billion yuan，YoY growth of 3.16%。

It can be seen from the above data，Shaanxi 188bet online sports betting has maintained a strong growth trend in recent years。

“Shaanxi 188bet online sports betting as a representative local cultural 188bet online sports betting company，An announcement was made in July 2017，Registration materials for listing guidance have been submitted，And suspend trading on the New Third Board，In this context, changes in capital are particularly worthy of attention。" A senior financial observer in Shaanxi told a reporter from Securities Daily，Shaanxi 188bet online sports betting stopped trading on the New OTC Market in 2017，And disclosed that listing guidance filing materials are being submitted，Although no latest listing progress has been reported since then，“But in the context of the comprehensive acceleration of the listing of Shaanxi enterprises and the securitization of state-owned assets，Shaanxi Construction Co., Ltd.’s first shot in the new year is the clearest signal，Shaanxi 188bet online sports betting IPO expected to accelerate。”

“Shaanxi 188bet online sports betting Group has developed after years of concerted efforts，Forged the core competitiveness of performing arts and ropeway，Experienced an industry-leading fund management team，We are currently actively promoting the listing of the group's companies。"The relevant person in charge of Shaanxi 188bet online sports betting Group said。

"Once the IPO is successful，It will play a positive role for Shaanxi 188bet online sports betting Group to achieve faster development with the help of capital market。"The above-mentioned financial observers analyzed that。

*Source of this article: Securities Daily, Author: Yin Gaofeng, original title: "CITIC Mezzanine exits, Liu Yonghao enters Shaanxi 188bet online sports betting》.