June 18，New Hualian Cultural 188bet online sports betting., Ltd. issues announcements one after another，Involving the termination of non-public issuance of shares、Loan from controlling shareholder、Guarantee for the holding subsidiary、Related transactions and other matters。

One is，Termination of non-public issuance of stocks in 2015。December 22, 2016，Southwest Securities submitted the "Review Report on the Non-public Issuance of Stocks of Xinhualian Cultural 188bet online sports betting., Ltd. in 2015" to the China Securities Regulatory Commission，Planning to apply to the China Securities Regulatory Commission for approval to exchange non-publicly issued shares，But there has been no progress so far due to policy influence。

The second is，Controlling shareholder Xinhualian Holdings Co., Ltd. and its subsidiaries、Related party Xinhualian Industrial Investment Co., Ltd.、New Hualian International Investment Co., Ltd. and New Hualian Financial Leasing Co., Ltd. plan to provide New Hualian and 188bet online sports betting with loans with a total principal and interest of no more than RMB 1 billion，Used for company project development and supplement of working capital。

Three is，It is planned that Xinhualian or 188bet online sports betting will provide a new guarantee limit of no more than 15 billion yuan for project development, construction and various business development (including the company's guarantee for 188bet online sports betting or between holding subsidiaries)，Guarantee methods include but are not limited to joint and several liability、Equity pledge、Asset mortgage and other methods。As of June 16, 2020，The total balance of external guarantees provided by Xinhualian and 188bet online sports betting is 187.2.3 billion yuan，Accounting for 236 of the latest audited net assets of listed companies.4%，They are all guarantees provided by the company to 188bet online sports betting or between holding subsidiaries。

Fourth，The total amount of various daily related transactions expected to occur in 2020 is 14.600 million 188bet online sports betting，Involving "Purchasing Goods"、"Providing labor services"、"Providing property services"、Transaction types such as "rental business premises" and "related lease"。2019，The actual amount of daily related transactions of the same type is 3505.090,000 188bet online sports betting；As of June 16, 2020，The amount of related transactions that has occurred is 1073.870,000 188bet online sports betting。

In addition，According to Guandian Real Estate New Media Report，Xinhua United disclosed its 2019 operating data on the same day。188bet online sports betting last year was 119.8.8 billion yuan，14 year-on-year decrease.37%；Net profit attributable to shareholders of listed companies 8.100 million yuan，31 year-on-year decrease.74%；Basic earnings per share fell 30% year-on-year to 0.43 yuan/share。Specifically regarding commercial housing sales，188bet online sports betting last year was 91.1.5 billion yuan，76% of total operating income.04%，Revenue fell by nearly 20% year-on-year。

*Source of this 188bet online sports betting：Guandian Real Estate Network, original title:《188bet online sports betting the non-public issuance of shares in 2015 and plans to provide a 15 billion guarantee for subsidiaries》.