Zhitong Finance APP News，Jinjiang Capital (02006) Announcement，On July 31, 2020，The company、Shanghai International and its subsidiaries and Jinjiang International and its subsidiaries signed a cooperation framework agreement on the 188bet game restructuring and replacement project of subsidiaries。

According to this cooperation framework agreement，According to the company's "capital、Asset、Funds、Strategic positioning of “resources”，Requirements for deepening reform and focusing on the development of main business，To optimize the company’s 188bet game assets、Enhance overall market strength，Proposed group-related Hailun 188bet game、The equity interests of Jianguo 188bet game and Kunlun 188bet game undergo a series of reorganizations and exchanges。

Shanghai International and its subsidiaries are considering their equity interests in Jianguo 188bet game and part of Kunlun 188bet game，The equity of Hailun 188bet game held by the transferee company。The relevant equity transfers involved in the equity swap process are mutually prerequisites，It is a package deal arrangement，All parties agreed to proceed in installments within 12 months in accordance with the cooperation framework agreement。

The final proportion of equity swap of each target company，Subject to the assessed value of 100% of 188bet game each target company registered with the state-owned assets (if involved)。In order to ensure that the relevant transactions proceed smoothly，Our company、Shanghai International and its subsidiaries and Jinjiang International and its subsidiaries will separately sign relevant specific transaction agreements (such as the "Equity Exchange Agreement") in accordance with the cooperation framework agreement.、"Shanghai Property Rights Transaction Contract", etc.)。

It is reported，The main business of Hailun 188bet game is to provide 188bet game accommodation、Catering、Banquet services, etc.。On the date of this announcement，The company and Shanghai International subsidiary hold 66 of them respectively.67% equity and 33.33% equity。

The main business of Jianguo 188bet game is to provide 188bet game accommodation、Catering、Banquet services, etc.。On the date of this announcement，The company and Shanghai International subsidiary hold 65% and 35% of its equity respectively。

The main business of Kunlun 188bet game is to provide 188bet game accommodation、Catering、Banquet services, etc.。On the date of this announcement，The group and Shanghai International and its subsidiaries each hold 47.5% equity and 52.5% equity。

*Source of this article：Zhitong Finance Network,Original title：《In order to optimize 188bet game assets, Jinjiang Capital (02006) signed a cooperation framework agreement for subsidiary equity restructuring and replacement projects》.