February 26，Xingmei Culture and 188bet mobile discloses quarterly updates on the group’s development。Company representation，Multiple potential investors are contacting the company，But as of the date of this announcement，No binding agreement has been entered into。

The 188bet mobile to be suspended.

As understood，The group’s main business is film production and distribution investment；TV Series Production and Distribution Investment；New media content creativity、Production、Issue；Internet and movie advertising production and release；Film and television director、Screenwriter、Artist’s management business、Travel business and online ticketing platform operation business。On the date of this announcement，The liquidators are still evaluating the group’s operations and preserving and collecting its accounting records。

Previously，Xingmei Culture 188bet mobile was announced on February 25, 2020，The company’s shares were temporarily suspended from trading on the Stock Exchange from 9:00 am on February 25。And on September 7, 2020，The company received a letter from the Stock Exchange，The Stock Exchange sets out trading resumption guidelines for companies，The company's shares continue to be suspended.

November 10, 2020，Another announcement from the 188bet mobile，The 188bet mobile was ordered to be wound up by the Hong Kong High Court on November 9, 2020，And the Official Receiver was appointed as the provisional liquidator of the 188bet mobile。At the request of the 188bet mobile，Trading in the 188bet mobile’s shares has been suspended on the Stock Exchange starting from 9:13 am on September 1, 2020。