Fosun Tourism Culture Group (01992.HK) (referred to as "Fosun Tourism") announced on the 22nd，Successfully issued Debon 188bet app Asset Support Special Plan，The total fundraising scale reaches RMB 70.0.1 billion yuan。This special plan will complete Commercial Mortgage Backed Securities in accordance with the relevant regulations of the Shanghai Stock Exchange，“CMBS”) registration and listing transfer procedures。

It is reported，Fosun 188bet app obtained a no-objection letter from the Shanghai Stock Exchange on November 15, 2019，Permission to use the hotel and water park properties of Atlantis Sanya as collateral，Pledge 100% of the equity of Hainan Atlantis Business Travel Development Co., Ltd., the company to which Atlantis Sanya belongs, and the operating income and accounts receivable of Atlantis Sanya，Issue CMBS。Fosun 188bet app was able to buck the trend and complete the issuance of such a large-scale fundraising product during the epidemic，Fully reflects its strong capital operation capabilities，It also reflects investors’ confidence in the long-term and stable operation of Fosun 188bet app and its 188bet app destination business Atlantis Sanya。

The government emphasized this when the Hainan Free Trade Zone was first established，Should be under controllable risks，Gradually liberalize financial business restrictions，Promote business innovation of financial institutions。The issuance of this special plan coincides with the second anniversary of the establishment of Hainan Free Trade Zone，It is a new attempt at financial reform and innovation in Hainan Free Trade Zone，In the future, it will also benefit from the further deepening of the reform of the Hainan Free Trade Zone and the advancement of the construction of Hainan International 188bet app Island。At the same time, it is the first tourist destination in the country CMBS，It also provides new exploration for the operation model of tourist destinations。

Atlantis Sanya is Fosun 188bet app’s first tourist destination project，Having attracted much attention since its official opening in April 2018，In 2019, its turnover reached RMB 13.100 million yuan，Annual visitor flow reaches 5.2 million。Sanya Atlantis Project won the "National Quality Engineering Award-Luban Award", the highest recognized award in the Chinese construction industry in 2019。Now this project has become a famous internet celebrity check-in resort in Hainan，The number of user-generated content themed on Atlantis Sanya on Douyin has exceeded 1.8 billion。

According to announcement，Approximately RMB 2.9 billion of the proceeds will be used to repay 188bet app’s existing bank loans，Other funds will be used for group business development。

Qian Jiannong, Chairman of Fosun 188bet app, just said at the annual results conference a few days ago: "Currently our cash flow is relatively abundant，Cash and cash equivalents by the end of 2019 were approximately RMB 2.1 billion，The bank credit line still has RMB 2.5 billion that has not been used，Further financial control measures are also planned。" Just as he finished speaking, he successfully completed 70.Issuance of 0.1 billion CMBS。This allows Fosun 188bet app to have sufficient funds to develop its business and seize potential opportunities after the epidemic，Reduce risks and help seize various industry opportunities，Achieve extraordinary development。

Fosun 188bet app achieved revenue of RMB 173 in 2019.400 million yuan，Net profit attributable to shareholders 6.100 million yuan，97 year-on-year increase.4%。The group was established less than four years ago，has become the leader in the global resort business and quickly ranked among the top 20 Chinese 188bet app companies，Its strong global industrial operation and capital operation capabilities provide a broad imagination for its future development。