December 30，Shenzhen OCT Co., Ltd. issued an announcement，The unused guarantee limit of Chaozhou Huabi Investment Co., Ltd. 1.5.3 billion yuan，Transferred to the holding company Shenzhen Xieyue Real Estate Development Co., Ltd.，The amount of this adjustment accounts for 0% of the company’s latest audited net assets.22%。

After adjustment，OCT provides Shenzhen Xieyue Real Estate Development Co., Ltd. with a guarantee amount of 14.7.9 billion yuan，The guarantee amount provided for Chaozhou Huabi Investment Co., Ltd. is 6.800 million yuan adjusted to 5.2.7 billion yuan。

As of the end of November 2020，Total guarantees of the company and its holding subsidiaries 188bet online sports betting 521.2.3 billion yuan，Accounting for 75% of the company’s latest audited net assets.94%，No overdue guarantee amount、The amount of guarantee involved in the lawsuit and the amount of loss that should be borne due to the judgment of losing the guarantee。

According to Guan Guan Real Estate New Media，OCT announced on the same day，Wholly owned subsidiary OCT (Asia) Holdings Limited invests in an independent investment portfolio Cayman Hong Kong Dollar Fund。December 30, 2020，OCT Asia signed the "Subscription Agreement" and its attachments。

Announcement pointed out，The fund is an independent investment portfolio to be established under the independent investment portfolio company HNW Investment Fund Series SPC。Cayman Fund’s target fund size is HK$800 million to HK$1 billion，The amount of capital subscribed by Huaya shall not exceed 4.HK$1.7 billion。

Cayman Funds can only invest in the target company Hong Kong Name Co., Ltd. and its subsidiaries and 11 cities (including Nanjing、Tianjin、Chengdu、Hangzhou、Wuhan、Shenyang、Suzhou、Xi’an、Chongqing、Other commercial real estate projects in Changsha and Qingdao。

OCT Express，The establishment of the fund is based on the company’s development strategy，Comprehensive consideration of the current domestic and overseas market environment，Fund investment in the company’s holding subsidiaries，Conducive to the company’s integration of high-quality resources at home and abroad，Expand overseas investment and financing capabilities，Helps the company accumulate domestic and overseas fund investment experience，Lay a more solid foundation for future development。

Previous OCT Asia announcement，HNW Investment Fund conditionally agrees to establish a Cayman fund，OCT Asia (as an investor in the Cayman Fund) conditionally agrees to subscribe for no more than 49% of the interests in the Cayman Fund (assuming the total size of the Cayman Fund is 8.HK$500 million)，The subscription amount is approximately 4.HK$1.7 billion，Other investors (who will not be connected persons of the company) will subscribe for no less than 51% of the interests in the Cayman Fund。

188bet Online Sports Betting and Casino 文Source: Guandian Real Estate Network, original title: "OCT Asia 4.An 188bet Online Sports Betting and Casino agreement has been signed to participate in the Cayman Hong Kong Dollar Fund with HK$1.7 billion》.