January 11th，188bet game Co., Ltd. issued an announcement on providing guarantees for subsidiaries，188bet game is a wholly-owned subsidiary of Baofeng Lake Company、Yangjiajie Cableway Company’s external guarantee balance is 9,0 million yuan，Accounts for 5.61% of the company's latest audited net assets.

Announcement display，Zhangjiajie Baofeng Lake 188bet game Industrial Development Co., Ltd. (hereinafter referred to as "Baofeng Lake Company") applied to the Industrial and Commercial Bank of China Co., Ltd. Zhangjiajie Wulingyuan Branch 3,0 million RMB working capital loan，Accounting for 1% of the company’s latest audited net assets.87%，Loan term is 12 months；Zhangjiajie Yangjiajie Cableway Co., Ltd. (hereinafter referred to as "Yangjiajie Cableway Company") applied to the Industrial and Commercial Bank of China Co., Ltd. Zhangjiajie Wulingyuan Branch 6,0 million RMB working capital loan，Accounting for 3% of the company’s latest audited net assets.74%，Loan term is 12 months。

According to the opinion 188bet game company’s board of directors，Baofeng Lake Company、Yangjiajie Cableway Company is a wholly-owned subsidiary within the scope 188bet game company’s consolidated statements，The company provides loan guarantee，Contributes to the project construction and business development 188bet game above two wholly-owned subsidiaries。

As understood，Zhangjiajie Baofeng Lake Tourism Industrial Development Co., Ltd. was established on December 23, 1993，Registered capital is 1905.920,000 yuan，The business scope is the provision of tourism development services ；Operating supporting retail mall；Scenic spot management and management；Artistic performance；Consulting and organizing planning for performing arts activities, etc.。Zhangjiajie Yangjiajie Cableway Co., Ltd. was established on June 18, 2009，Registered capital is 50 million yuan，The business scope is the operation and management of passenger ropeways；Tourism project development；Travel consulting service；Development and sales of tourism products (excluding pre-packaged food)。It is reported，Both companies are wholly-owned subsidiaries of 188bet game Co., Ltd.。