188bet sports betting app download 2019 Performance Forecast Disclosure，The company is expected to lose approximately RMB 39 in 2019.6.7 billion to 39.6.2 billion yuan。This may make it the "loss king" of A-share film and television concept stocks。

The main reason for the large losses given by the company is the provision for 188bet sports betting app download of goodwill, etc.。Shenzhen Stock Exchange expressed concern about this，And issued a letter of concern to 188bet sports betting app download on February 5th，Require the company to explain the reasons for the large loss in this period's performance，And explain whether there is a situation in which profits are adjusted by accruing large asset impairment provisions。

Evening of February 13th，188bet sports betting app download responded to this letter of concern，denies that the company adjusts profits by accruing large asset impairment provisions。And explained the reasons for the company’s substantial losses in 2019。

188bet sports betting app download expressed，After preliminary calculation，The company plans to include goodwill in 2019，The total impairment provision for some assets including long-term equity investments is approximately 26.800 million yuan，Among them，The amount of goodwill 188bet sports betting app download provision is 5.900 million yuan，The amount of 188bet sports betting app download provision planned for long-term equity investment is as high as 17.600 million yuan。

Excluding goodwill、Provision for impairment of some assets including long-term equity investments 26.800 million yuan，188bet sports betting app download main business loss is about 12.8.7 billion yuan。

2019，188bet sports betting app download’ main investment and control video is missing，The box office of major films released during the reporting period did not meet expectations，TV series，The company adjusts and upgrades the content of the series，Limited number of plays。Real-life entertainment business，Decrease in revenue from brand licensing and live entertainment segments。

It’s worth noting，2019 half-year time report，Shenzhen Stock Exchange once issued an inquiry letter，Require the company to explain whether there is an impairment risk for each object forming goodwill，At that time, 188bet sports betting app download stated that no signs of impairment were found in each object forming goodwill。The letter of concern from the Shenzhen Stock Exchange requires the company to explain the reasons and rationality for the large amount of goodwill impairment in 2019。

In the process of the formation and formation of various goodwill of 188bet sports betting app download，The ones that have attracted the most market attention before are Zhejiang Dongyang Haohan Film and Television Entertainment Co., Ltd. and Zhejiang Dongyang Meila Media Co., Ltd.。

End of the third quarter of 2019，The goodwill balance of 188bet sports betting app download reaches 19.4.7 billion yuan，Among them，Acquisition of Zhejiang Dongyang Haohan Film and Television Entertainment Co., Ltd. (hereinafter referred to as "Dongyang Haohan") resulted in goodwill balance 7.4.9 billion yuan，Acquisition of Zhejiang Dongyang Meila Media Co., Ltd. (hereinafter referred to as "Dongyang Meila") resulted in goodwill balance 7.4.4 billion yuan。

188bet sports betting app download in October 2015 to 7.5.6 billion yuan acquisition of Dongyang Haohan，His artists include Li Chen、Feng Shaofeng、Angelababy、Zheng Kai、Du Chun、Celebrities such as Chen He。The company’s operating income mainly comes from the sales of film and television dramas、Variety show service fees and artist management income。

188bet sports betting app download expressed，In the first 4 years of the performance commitment period (2015-2018)，The income of a few star shareholders does not meet the income recognition time conditions，Therefore failed to complete the promised performance，However, performance compensation has been paid as scheduled。

2019，iQiyi Technology Co., Ltd. is negotiating with 188bet sports betting app download regarding Dongyang Haohan’s capital increase and acquisition of partial equity，And completed the capital increase and equity transfer in December of that year，Dongyang Haohan is valued at 2.2 billion yuan after the completion of this transaction，No provision for impairment of goodwill is required in this reporting period。

Behind Dongyang Meila is Feng Xiaogang，188bet sports betting app download expects Dongyang Meila to be able to complete its promised performance in 2019。However, the market performance of the latter’s films last year declined compared with previous years，Considering the relatively large uncertainty in the market，It is expected that Dongyang Meila Asset Group will need to make further impairment provisions in 2019。

And Gundam 17.Provision for impairment of long-term equity investment of RMB 600 million is planned，188bet sports betting app download said: late 2019，The company passes the operation status of the invested company、Profit status、Comprehensive analysis of project execution status, etc.，Judged that some invested companies showed signs of impairment in 2019。

These 17.Proposed 188bet sports betting app download equity investment of RMB 600 million，Sourced from Hero Interactive Entertainment Technology Co., Ltd.、Beijing Jujiao Film Culture Media Co., Ltd.、Provision for 188bet sports betting app download equity investments of Guangzhou Yinhan Technology Co., Ltd. and Breakout Film Co., Ltd.。

In addition，Shenzhen Stock Exchange requires 188bet sports betting app download to explain the company’s actual controller’s relatively high pledge ratio，Require the company to report the latest pledge status of its company shares on a case-by-case basis、Pledge cordon、Close position、And explain whether there is a risk of liquidation。

As of February 13, 2020，The company’s actual controller Wang Zhongjun holds the company 6.295.3 188bet sports betting app download shares，Pledge 5.72.3 188bet sports betting app download shares，Pledge ratio 90.9%，Wang Zhonglei holds company 1.6.8 188bet sports betting app download shares，Pledge 1.67.3 188bet sports betting app download shares，Pledge ratio 99.67%。

To this，188bet sports betting app download said: The actual controller plans to sell some assets、Negotiate an extension with the original financier or use other financiers to replace the financing to deal with the corresponding expired pledge，There is currently no risk of liquidation of its share pledge，The actual controller currently has no other debt risks other than pledge。

*Source of this article: Jiemian News, author: Meiling, original title: "188bet sports betting app download responded to a letter of concern after a pre-emptive loss of nearly 4 billion，As expected, he denies adjusting profits》.