January 24，Jiangsu Tianmu Lake Tourism Co., Ltd. releases 2020 annual performance reduction announcement 。Announcement，Jiangsu Tianmu Lake Tourism Co., Ltd.’s net profit attributable to shareholders of listed companies in 2020 is expected to decrease by 6,185.550,000 yuan to 7,422.660,000 yuan，YoY decrease of 50% to 60%。

Announcement display，Performance forecast period is from January 1, 2020 to December 31, 2020。Preliminary calculation by the financial department，It is expected that the net profit attributable to shareholders of listed companies in 2020 will be compared with the same 188bet Online Sports Betting and Casino period last year，will be reduced by 6,185.550,000 yuan to 7,422.660,000 yuan，YoY decrease of 50% to 60%。Net profit after deducting non-recurring gains and losses attributable to shareholders of listed companies compared with the same period last year，will be reduced by 8,501.700,000 yuan to 9,716.230,000 yuan，70% to 80% decrease year-on-year。And the same period last year，Net profit attributable to shareholders of listed companies: 12,371.100,000 yuan。Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses is 12,145.290,000 yuan，Basic earnings per share 1.07 yuan。

According to Sky Eye Check，Jiangsu Tianmu Lake Tourism Co., Ltd. was established on September 15, 1992，Registered capital is 116 million，The business scope is swimming pool；Manufacturing and selling of Western food；Attracting and receiving tourists，Scenic Area Management Services，Provide cruise services；Travel souvenir processing，Agriculture, leisure and tourism, etc.。

According to Tianmu Lake，Affected by the new crown epidemic、Influence 188bet sports betting app download of macroeconomic and policy factors，The external environment in which the company operates has changed significantly。First half of 2020，The tourism industry responds to the government’s prevention and control arrangements，Many companies completely suspended operations during the peak period of the epidemic，Undertaken greater pressure。Company Scenic Area、Hotel and other core businesses will be suspended from January 24th to March 20th，Main business income declines，Superimposed fixed costs such as depreciation and amortization and rigid expenses and other factors，Loss in performance in the first half of the year。As the domestic epidemic situation improves，Consumption in the tourism industry shows new trends，The company actively responds，Open up channels and tap business potential，By enriching the product sequence，Extended operating hours，Iterative product optimization and other measures，Expand existing business，Leveraging the incremental market，Operational and management 188bet online sports betting results were evident in the second half of the year，Effectively boosted the annual performance。