Evening of December 28th，Hainan Ruize issued an announcement，The company’s wholly-owned subsidiaries Hainan Ruize 188bet Online Sports Betting and Casino Holdings Co., Ltd. (hereinafter referred to as “Ruize 188bet Online Sports Betting and Casino”) and CCCC Marine Investment Holdings Co., Ltd. (hereinafter referred to as “CCCC Marine Investment”，Wholly-owned subsidiary of CCCC Construction)、Blue Sea Cruise、China Golden Eagle jointly signed the "Cooperation Agreement"，Reached cooperation to jointly increase capital in Sanya International Cruise Development Co., Ltd. and jointly develop Sanya International Cruise Business。

Look at the details，CCCC Shipping Investment、Ruize Travel、Blue Sea Cruise、China Golden Eagle invested in Sanya International Cruise Development Co., Ltd. 1.500 million yuan、1.2.5 billion yuan、1.2.5 billion yuan、100 million yuan。The purpose of this capital increase is to provide necessary financial guarantee for the expansion and operation of the cruise project。After completion of this capital increase，Ruize 188bet Online Sports Betting and Casino holds 25% equity in the target company。

The vision of Sanya International Cruise Development Co., Ltd. is to become a first-class maritime transportation and 188bet Online Sports Betting and Casino service provider in China、Asia’s first-class cruise operator and internationally renowned investor in the cruise economic experimental zone。Data display，Sanya International Cruise Development Co., Ltd. was established in December 2015，Registered capital 2.5.5 billion yuan，Legal representative Jiang Zhigang。Before this transaction，Sanya International Cruise Development Co., Ltd. is a wholly-owned subsidiary of CCCC Shipping Investment，is a resource integration platform for CCCC Construction to enter China’s cruise industry、Industry gathering platform、Project incubation platform，It plans to rely on CCCC Construction’s advantages in acquiring resources in the South China Sea and other areas，In Xisha、Nansha and other areas with potential value，Building a cruise 188bet Online Sports Betting and Casino destination。

Financial data display，Sanya 188bet Online Sports Betting and Casino Co., Ltd. 2019、The operating income from January to November 2020 is 413 respectively.030,000 yuan、3.54 million yuan，Net profit is 620 respectively.230,000 yuan、-10.01 million yuan。

For this investment，Hainan Ruize said，The company is very optimistic about the long-term development of Hainan Free Trade Port and the sustainable development of the cruise industry，At the same time, be optimistic about the relevant experience and advantages of each partner。The company plans to jointly develop cruise 188bet Online Sports Betting and Casino with various partners，Building a cruise 188bet Online Sports Betting and Casino investment and operation platform，Promote the company to build large infrastructure、Big Ecological Environmental Protection、Grand 188bet Online Sports Betting and Casino moves forward，Achieve the company’s strategic development goals and enhance the company’s sustainable competitiveness。

*thisTextSource: China Securities Network，Author: Li Xingcai，Original title: "Hainan Ruize Investment 1.2.5 billion yuan to participate in the development of Sanya international 188bet Online Sports Betting and Casino business》.