January 14，According to the public notice released by the Guangdong Securities Regulatory Commission regarding the guidance and registration acceptance of Guangzhou 188bet online casino games Tourism and Culture Development Co., Ltd.，Canton 188bet online casino games Tourism Culture Development Co., Ltd. has completed the counseling registration with the Guangdong Securities Regulatory Bureau on January 14, 2021。

Later，Canton Tower Tourism and Culture Development Co., Ltd. also issued an announcement，188bet online casino games recently submitted the application materials for 188bet online casino games’s initial public offering guidance and filing to the Guangdong Supervision Bureau of the China Securities Regulatory Commission，The Guangdong Securities Regulatory Bureau has published 188bet online casino games’s guidance filing announcement document on its official website on January 14, 2021，Currently 188bet online casino games is receiving coaching from CITIC Securities Co., Ltd.。188bet online casino games has entered the initial public offering guidance and filing stage，If 188bet online casino games submits application materials for initial public offering and listing to the stock exchange in the future and is accepted，188bet online casino games will apply to the National Equities Exchange and Quotations for stock suspension。Guangzhou’s landmark building “Little Man Yao” plans to be listed on A-share market。Data display，On February 28, 2017，Canton Tower has been listed on the "New OTC Market"，Stock code: 870972.OC，Became the first listed company in the tourist attraction industry in Guangzhou。

As understood，Canton Tower is also called Guangzhou New TV Tower，Nickname "Little Man Waist"，Affiliated to Guangzhou Urban Investment Group，Constructed by Guangzhou Construction Group Co., Ltd. and Shanghai Construction Engineering Group，Total construction area 114054 square meters，Completed in September 2009，Officially opened to the public on September 30, 2010，Officially open to the public on October 1, 2010 to receive tourists 。Canton Tower has 5 functional areas and a variety of recreational facilities，Including outdoor viewing platform、Ferris wheel、Speed ​​​​Sky Sky Amusement Project，There are 2 sightseeing halls，There is a suspended corridor，Ladder，4D and 3D dynamic theater，Chinese and Western food，Convention and exhibition facilities，Shopping mall and popular science exhibition hall。According to Sky Eye Check，Canton Tower Tourism Culture Development Co., Ltd. was established on May 18, 2004，Registered capital is RMB 618.95 188bet online casino games，Holding shares from Guangzhou Urban Construction Investment Group Co., Ltd. and Guangzhou Radio and Television Station，hold 90% of the shares respectively、10%。

According to the company’s 2020 semi-annual report，The company’s asset-liability ratio has higher risks，In June 2020、June 2019、June 2018、The company’s asset-liability ratio is 59.19%、58.63%、61.78%，The company’s asset-liability ratio has rebounded，Can still be controlled within 60%。But compared with companies in the same industry,The asset-liability ratio is relatively high，There are certain risks in the company’s long-term solvency in the future。There is also the risk of force majeure brought about by the epidemic，It contributed to the company’s operating income in the first half of the year 10,1.67 million 188bet online casino games，YoY decrease of 21,1.83 million 188bet online casino games，Total profit-7,1.19 million 188bet online casino games，YoY decrease of 16,9.94 million 188bet online casino games。Reported，In view of the risks brought by the epidemic，The company has established a corresponding early warning mechanism、Emergency mechanism、Countermeasures，Increase revenue and reduce expenditure，Strive to minimize the impact。At the same time，The company also has defects in land ownership and recalculation of land use rights transfer fees、Improper control by controlling shareholders、Fixed asset valuation adjustments and possible impairment and other risks。

The announcement is also displayed，Affected by the epidemic，Significant decrease in passenger flow，The revenue of each business segment dropped significantly year-on-year。January to June 2020，Canton Tower received a total of 250,000 visitors，A decrease of 850,000 passengers year-on-year，77% reduction，Canton Tower achieves consolidated operating income 10,1.67 million 188bet online casino games，31 compared to last year,3.5 million 188bet online casino games decreased by 21,1.83 million 188bet online casino games，68% reduction。Total profit-7,1.19 million 188bet online casino games，9 compared with the same period last year,8.75 million 188bet online casino games，Reduced by 16,9.94 million 188bet online casino games，172% reduction。At the same time，Affected by the epidemic，The decrease in revenue in the first half of 2020 corresponds to a corresponding decrease in direct costs，Employee compensation、Depreciation and other fixed costs are relatively large，The cost decrease is smaller than the revenue。As understood，Scrap of non-current assets in the previous year 65.70,000 188bet online casino games。

With the gradual control of the domestic epidemic，Guangzhou Tower passenger traffic is gradually recovering。According to media reports，Ticket sales during the National Day of Canton Tower last year increased by 3 compared with the same period last year.5%，Ticket revenue increased by 16.3%；During New Year’s Day this year，Canton Tower received 22,479 tourists，An increase of 5402 visitors compared with last year，32% increase；Achieve operating income of 7.4 million 188bet online casino games，An increase of 1.88 million 188bet online casino games compared with last year，34% increase，Achieve double growth in passenger flow and revenue。