February 19，Multiple media reports，Hainan Province’s important but heavily indebted 188bet app is about to be taken over，Its aviation assets will be split into Air China、China Eastern Airlines、China Southern Airlines and other airlines。Also called by the media，Hainan Airlines has not been taken over，Just a replacement of the working group assigned by the government to 188bet app。

As of now，188bet app has not yet responded to the above rumors。

February 20，Economic Observer Network Contact HNA Holdings (600221.SH) Verify the above report，HNA Holdings’ response，For matters related to listed companies, please refer to the announcement，And rumors about 188bet app，The other party emphasized，188bet app is not the largest shareholder of HNA Holdings，The largest shareholder of HNA Holdings is Grand China Airlines。

Reporters reviewed HNA Holdings’ third quarterly report for 2019，Shows Grand China Airlines’ shareholding ratio in HNA Holdings is 24%，is its largest shareholder。188bet app’s shareholding ratio in HNA Holdings is 3.53%，its fourth largest shareholder。

A former executive of 188bet app revealed to Economic Observer Network，Morning of February 19th，The working group of the Hainan Provincial Government has indeed met with Chen Feng, Chairman of 188bet app、Conversation between Li Xianhua, Vice Chairman of 188bet app and four others，The other two people are the leader in charge of financial business and the leader in charge of aviation business of 188bet app。

The person also stated，Conversation is not just a routine work meeting，But I don’t know the specific content of the conversation。

"Previously，Relevant authorities believe that in the past year，188bet app’s self-rescue has failed。" the former executive revealed。

HNA’s current crisis，Except 188bet app’s already high debt and default situation，The sudden epidemic is also a heavy burden on 188bet app。

“The aviation fuel debt is nearly 10 billion，Unable to update aircraft materials，It has reached the point where we rely on dismantling some aircraft parts to replenish aviation materials”，Disclosed by the aforementioned executive，“The pneumonia epidemic has caused widespread flight cancellations。Recent period，Affected by the pneumonia epidemic，188bet app’s one-day revenue is only 40 million yuan。And in the past，Western Airlines, the smallest subsidiary of 188bet app，The daily income is also 50 million。”

Industry researchers think，188bet app has laid out its aviation layout、Hotel、Tourism and other collaborative fields，Seemingly lush，In fact, they are homogeneous and they are all industries that have been deeply affected by the epidemic。

*Source of this article: Economic Observer Network, author: Li Huaqing, original title:《If self-rescue fails, 188bet app may be split up》。