August 10，HNA Innovation Co., Ltd. issued an announcement，The shares of its controlling shareholder HNA 188bet Group Co., Ltd. have been frozen by law。

According to Guandian Real Estate New Media，HNA Innovation recently received the "Notice on Judicial Freezing and Judicial Transfer of Equity Equity" from the Shanghai Branch of China Securities Depository and Clearing Co., Ltd.、Hainan Province No. 1 Intermediate People’s Court’s “Notice of Assistance in Enforcement”，Learned that the company’s controlling shareholder HNA 188bet holds 180 tradable A shares of the company,065,443 shares have now been judicially frozen，Accounting for 13% of the company’s total share capital.814%。1 of them,829,343 shares frozen; 178,236,100 shares are pledged and frozen。

According to the "Notice of Assistance in Enforcement" of Hainan Province No. 1 Intermediate People's Court，Wuhan Xinyishi Trading Co., Ltd. applied for judicial freezing of the company’s shares and interests held by HNA 188bet，The freezing period is from August 7, 2020 to August 6, 2023。

The announcement also stated，Verified，HNA 188bet, the controlling shareholder of HNA Innovation, currently does not have the credit rating of its entities and debts downgraded。Existed 3 in the last year.Dispute over overdue loan debt of 200 million yuan (excluding overdue interest)，Except for the above-mentioned overdue debt disputes and this time the overdue loan dispute between HNA 188bet and Wuhan Xinyishi Trading Co., Ltd.，There are no other major lawsuits or arbitrations involving its own loan debts。

In addition，HNA Innovation stated that HNA 188bet does not occupy its non-operating funds、Illegal guarantees and other situations that infringe the interests of listed companies。Assets between the company and HNA 188bet、Business、Personnel、Maintain independence in finance and other aspects，The judicial freezing of the controlling shareholder’s shares will not affect the daily operation and management of HNA Innovation for the time being、Influence on corporate governance, etc.。We will continue to pay attention to the progress of the above matters，Perform information disclosure obligations in a timely manner。

*Source of this 188bet：Guandian Real Estate Network,Original title：《The 188bet held by the controlling shareholder of HNA Innovation were frozen by the judiciary, involving 1.800 million 188bet》.