The evening of February 11th，Beijing Jingxi Cultural Tourism Co., Ltd. (hereinafter referred to as "188bet sports betting app download") announced，Its largest shareholder, China Huali Holding Group Co., Ltd. (hereinafter referred to as "Huali Holdings") plans to directly hold all its shares15.16% equity，Transferred to Beijing Wenke Investment Consulting Co., Ltd.。

188bet sports betting app download has previously participated in investing in many hit movies，Including "Wolf Warrior 2", "I'm Not the God of Medicine" and "The Wandering Earth"。The glamorous behind，It is the continuous downturn of the film industry in recent years。2019，188bet sports betting app download is still in a loss-making situation。The company predicts a full-year loss of 19 in 2019.500 million to 24.500 million yuan。The successful hits are not as good as the company’s failure in other projects，The film industry is an out-and-out high-risk industry。

The exit of 188bet sports betting app download, a 10-billion private enterprise

2011，Huali Holdings acquired the listed company Beijing Jingxi Scenery Tourism Development Co., Ltd. through private placement，later renamed 188bet sports betting app download。

Huali Holdings’ official website display，The company was founded in 2000，Registered capital 1.8 billion yuan。As of the end of 2016，Huali Group’s total assets exceed 10 billion yuan，Annual revenue exceeds 5 billion yuan，It has more than 3,000 employees。Huali Holdings is based on real estate business，Hou Holdings gradually expands its business to medical health、Film and television 188bet sports betting app download and other fields。

In subsequent years，188bet sports betting app download’s performance has not improved much。Until 2013，The company acquires Beijing Ferris Wheel and enters the film and television culture industry，In August 2014, 3.3 billion was raised through a non-public offering to acquire Century Partners、Zhejiang Galaxy、Three companies in Lhasa group portraits，Find the direction。

However，Huali Holdings may not be the only operator of this series of capital operations，Through fundraising，The company introduced Life Insurance，Currently the second largest shareholder of 188bet sports betting app download，Hold 15.7% equity。Through this relationship，The company further attracted former Wanda Film and Television General Manager Song Ge and other film and television industry tycoons to join us。

From 2017 to 2019，188bet sports betting app download can bet on a hot item every year，Inseparable from the operation of film and television professionals such as Song Ge。

At the same time, the operating conditions of 188bet sports betting app download are deteriorating.

Starting from 2019，Huali Holdings, the major shareholder of 188bet sports betting app download, has become the biggest “landmine” for listed companies。January 2019，Most of the shares of 188bet sports betting app download held by Huali Holdings were frozen by the judiciary。

The Sky Eye Check also shows，188bet sports betting app download was cited by Minsheng Bank several times in 2019、Zhejiang Bank、Haitong Securities and other companies were sent to the dock，As determined by the court，The total frozen bank deposits of 188bet sports betting app download amount to hundreds of millions of yuan。And before 2019，188bet sports betting app download is involved in few litigation disputes。

There are various signs that，188bet sports betting app download, a private enterprise with total assets of tens of billions，Major risks have arisen in operations。

“188bet sports betting app download” takes over 188bet sports betting app download, and behind it is Beijing’s state-owned assets

Perhaps it is in this context，Huali Holdings had to find a buyer for its 188bet sports betting app download Cultural shares，Get some breathing space。

The takeover party, Beijing Wenke Investment Consulting Co., Ltd.，The sole shareholder is 188bet sports betting app download Technology Financial Leasing Co., Ltd.。

But this"188bet sports betting app download"Not a small background。Further penetration and discovery through Sky Eye Check，Among its current 17 shareholders，Not only are there local state-owned assets like Beijing Cultural Investment and Development Group Co., Ltd.，Also includes central enterprises such as China Hengtian Group Co., Ltd.，There are even private companies like Happy Mahua。Among them，Beijing Cultural Investment and Development Group Co., Ltd. holds 33 as the largest shareholder.07% equity，The final actual controller is Beijing State-owned Cultural Assets Supervision and Administration Office。

What changes will 188bet sports betting app download’s state-owned assets bring to 188bet sports betting app download’s culture，We will continue to pay attention。

*Source of this article: Jiemian News, author: Cao Li，Original labelQuestion：《Read the financial report in three minutes，188bet sports betting app download, which invested in "Wolf Warrior 2", changed hands，State-owned assets takeover》.