June 12，Lushang Development(600223.SH)announced，According to company project development needs，The company and Jinan Cultural Tourism Group Tourism Development Co., Ltd. ("Jinan Cultural Tourism")、Jinan Changqing Cultural Tourism Development Co., Ltd. ("Changqing Cultural Tourism")、Shandong Cultural Tourism Scenic Area Investment Group Co., Ltd. ("Scenic Area Company")、Lushang Rural Development Group Co., Ltd. ("Rural Development") and the employee follow-up investment platform established a joint venture in Jinan City。

The registered capital of the joint venture is 188bet sports betting app download RMB 100 million，Including: the company invested RMB 34 million，holds 34% equity；Jinan Cultural Tourism invested RMB 30 million，Holding 30% equity；Changqing Cultural Tourism invested RMB 10 million，holds 10% equity；The scenic spot company invested 14 million yuan，holds 14% equity；Rural development investment of 9 million yuan，holds 9% equity；Employees invested 3 million yuan in the investment platform，holds 3% equity。

The establishment of the company through this cooperation is to introduce strategic partners，Integrating internal and external resources，Jointly develop the Changqing Silk Road Lingyan Project，Exploring the new model of “cultural tourism + health care”，Provide guarantee for the sustainable development of listed companies。This investment is in the overall interests of the company，No damage to the rights and interests of the company and other shareholders。

It’s worth noting，The main impact of the internal environment is that it 188bet sports betting app download may take a certain amount of time from the establishment of the company to operating profitably，The risks in the external environment are mainly market risks in project investment、There is uncertainty in investment income。Overseas investment risks and opportunities coexist，The company will pay close attention、Study national macroeconomic trends，Based on the actual situation，Prompt risk assessment，Adjust risk response strategies in a timely manner，Strive to achieve healthy and sustainable development of the company。

188bet Online Sports Betting and Casino ：Gelonghui，Original title：《Lushang Development(600223.SH) plans to establish a joint venture with Jinan Cultural Tourism and others to jointly develop the Changqing Silk Road Lingyan Project》.