March 22，Announcement of Xinhualian Cultural 188bet Live Casino Development Co., Ltd.，Recently，Wuhu Cultural 188bet Live Casino Development and Minsheng Bank Ma’anshan Branch signed the “Loan Extension Agreement”，Minsheng Bank Ma’anshan Branch agreed to transfer the remaining principal 41 under the main contract,036,300 yuan for extension，Extension period is 18 months；Company、Wuhu Investment Management and Shengshi Real Estate agree to continue to perform the aforementioned "Guarantee Contract" and "Mortgage Contract"，And agree that the guarantee period is three years from the expiration date of the loan extension period under the "Loan Extension Agreement"。

According to Guandian Real Estate New Media，Wuhu Xinhualian Cultural 188bet Live Casino Development Co., Ltd., a holding subsidiary of Xinhualian Cultural 188bet Live Casino Development Co., Ltd., and China Minsheng Bank Co., Ltd. Ma’anshan Branch signed the “Working Capital Loan Contract” in March 2018，Minsheng Bank Ma’anshan Branch issued loans to Wuhu Cultural 188bet Live Casino Development，The loan amount is RMB 100 million，Loan term is 3 years。At the same time，The company signed a "Guarantee Contract" with Minsheng Bank Ma'anshan Branch regarding the above financing matters，Provide joint liability guarantee for this financing，The guarantee period is two years from the expiration date of Wuhu Cultural 188bet Live Casino Development’s debt performance；Wuhu Xin Hualian Cultural 188bet Live Casino Investment Management Co., Ltd. and Wuhu Xin Hualian Shengshi Real Estate Co., Ltd., the wholly-owned subsidiaries indirectly held by the company, respectively signed a "Mortgage Contract" with Minsheng Bank Ma'anshan Branch，Provide mortgage guarantee for part of the properties under its name。

After this guarantee is provided，The total balance of external guarantees provided by the company and its holding subsidiaries is 181.3.6 billion yuan，Accounting for 228 of the company’s latest audited net assets.99%。The above guarantees are all guarantees provided by the company and its holding subsidiaries for other holding subsidiaries within the scope of consolidated statements。Except for the above，The company and its holding subsidiaries do not provide external guarantees，Guarantee balance corresponding to overdue debt 170,618.420,000 yuan，The guarantee amount involved in the lawsuit is 139,360.960,000 yuan。

*Source of this 188bet Live Casino: Guandian Real Estate Network, original title: "Wuhu Cultural 188bet Live Casino Development, a subsidiary of Xinhualian, signed a loan extension agreement with Minsheng Bank Ma’anshan Branch》.