November 17，OCT (Asia) Holdings Co., Ltd. releases announcement，Huachang International, a wholly-owned subsidiary of the company, conducted a series of transactions in the market from November 12, 2020 to November 17, 2020，for further sale in total 537.280,000 188bet login，The average selling price is 14 per Tongcheng Yilong share.HKD 41。The total proceeds from the third sale are approximately HK.4 million (approximately RMB 65.6 million) (excluding transaction costs)。

Announcement display on August 28, 2020，Huachang International, a wholly-owned subsidiary of OCT (Asia), conducted a series of transactions on the market between August 27, 2020 and August 28, 2020 to sell a total of 591.960,000 188bet login；November 2020，OCT (Asia) announcement，Huachang International conducted a series of transactions in the market from August 31, 2020 to November 11, 2020，for further sale in total 519.280,000 188bet login。

As understood，Before the third sale，OCT (Asia) holds a total of 94,967,080 shares of 188bet login，According to Tongcheng Yilong monthly report dated November 5, 2020，According to 2 issued by Tongcheng Yilong on October 30, 2020,168,788,091 shares 188bet login calculation，Accounts for approximately 4% of the issued share capital of Tongcheng Yilong.38%。After the third sale，OCT (Asia) will hold 89,594,280 shares of 188bet login，Accounts for approximately 4% of the issued share capital of Tongcheng Yilong as of October 30, 2020.13%。

After the third sale，OCT (Asia) expects to recognize pre-tax income of approximately RMB 6.1 million included in other comprehensive income，Calculated based on the difference between the purchase price and sale price (excluding transaction costs) of 188bet login。The board of directors intends to use the net proceeds from the third sale as working capital。