April 15，Guilin 188bet game Co., Ltd. (hereinafter referred to as "Guilin 188bet game") releases 2020 performance report。Report Display，Guilin 188bet game achieves operating income in 2020 2.5.5 billion yuan，Decreased by 57% year-on-year.93%；Operating profit is -2.9.1 billion yuan，Decrease by 3 year-on-year.3.3 billion yuan；Net profit is -2.6.6 billion yuan，Decrease by 3 year-on-year.2.1 billion yuan，Down 584 year-on-year.3%。Based on performance forecast，Guilin 188bet game’s estimated net profit from January to March 2021 is -55 million。

Announcement，The company’s net profit in 2020 decreased by 3% year-on-year.The main reason for 2.1 billion 188bet game is the impact of the epidemic，Visitor reception during the period decreased by 56% year-on-year，Operating income decreased by 57% year-on-year.93%。Also，Approved by the company’s general meeting of shareholders，Zijiang Danxia Company applied to the Zijiang County Court as a creditor for bankruptcy liquidation of Danxia Hot Spring Company。

Guilin 188bet game information，Due to the bankruptcy administrator of Danxia Hot Spring Company taking over Danxia Hot Spring Company on December 12, 2020，According to the Accounting Standards for Business Enterprises，Danxia Hot Spring Company will no longer be included in the consolidated financial statements of Zijiang Danxia Company and Guilin 188bet game from December 2020。Zijiang Danxia Company’s claims against it as of December 31, 2020 (2.1.8 billion yuan) The provision for bad debts is 1.4.5 billion yuan，At the same time, the excess loss of 64.61 million yuan recognized in previous years was reversed (non-recurring gains and losses)，The impact on Guilin 188bet game’s net profit in 2020 is -80.11 million yuan。

Same day，Guilin 188bet game also released its performance forecast for the first quarter of 2021，Report Display，Estimated net profit from January to March 2021 is -55 million，YoY change is 18.04%。Reported，The main reason for the year-on-year decrease in net profit in the first quarter of 2021 is the gradual recovery of Guilin’s 188bet game market，The company achieved operating income of approximately 40.5 million yuan，A year-on-year increase of approximately 47%；The company’s investment income increased by approximately 6.3 million yuan year-on-year；The various government subsidies and confirmed tax exemptions received by the company decreased by approximately 5.5 million yuan year-on-year (non-recurring gains and losses)。