April 24，Palm Ecological Town Development Co., Ltd. (hereinafter referred to as "188bet online sports betting") discloses its 2020 annual financial report。

During the reporting period，The company achieved operating income of 48.2.1 billion 188bet online sports betting，77 year-on-year increase.98%，Achieve net profit attributable to shareholders of listed companies 424.210,000 188bet online sports betting，104 year-on-year increase.51%。Deduction of non-net profit-2.700 million 188bet online sports betting，Reduce losses by 74% compared to 2019.95%。Basic earnings per share 0.03 188bet online sports betting/share。

According to report，The company’s main business is ecological environment business and ecological town business，The former is the company’s traditional advantageous business，Mainly divided into two directions: planning and design and ecological environment engineering construction。In 188bet online sports betting’ operating income in 2020，Ecological and environmental engineering construction accounted for 78.46%，is the main source of income；The second is the ecological town business，Proportion 11.66%，Planning and design proportion 5.87%。Gross profit margins of various businesses have increased。

Announcement，188bet online sports betting adhere to the principle of being based in Henan、National development policy，Actively participate in the improvement and transformation of urban infrastructure in Henan Province，Working with local governments、Large central enterprises、State-owned enterprise，Revitalizing the countryside、Ecological city、Cultural Tourism、Extensive cooperation in engineering landscape and other fields。During the reporting period，The company has won more than 20 bids for major projects，The total amount of the winning bid is approximately 15 billion yuan，Abundant order reserves，Provide strong support for the company’s operating performance。simultaneously，Due to large refund、Increase in investment income，The company’s operating cash flow is -2.4.2 billion increased to 9067.60,000，137 year-on-year increase.42%。

Financial report，188bet online sports betting Co., Ltd. is promoting the asset-lightization of enterprises，Completing the partial equity transfer of Shengcheng Investment，Realizing partial investment income，Revitalizing existing assets，While withdrawing some funds，To focus on platformization、Asset-light、Turn multiple profits into development goals，Promote the external replication and export of the ecological town model。During the reporting period，The company newly participated in Luoyang Time Luoyi in Henan region、Lankao Yellow River Bay Rural Revitalization Demonstration Project、Wen County Chenjiagou Tai Chi Town and other projects，In addition to actively participating in project planning、Providing services other than traditional engineering construction，The company continues to focus on asset-lightization，Promote the construction and operation of ecological town projects。

Looking to the future，Financial report，188bet online sports betting are expected to integrate the original design business in 2021，Establishment of design group、Carry out group control，Realize the complementary advantages of the two major design companies, Palm Design and Belgolin、Short board hedging；The ecological town business segment will focus on the Zhengzhou metropolitan area、Southwestern Sichuan and Chongqing、Aksu Strategic Area、Greater Bay Area、Yangtze River Delta、Hunan, Hubei and Anhui metropolitan areas and other important economic areas，Strive to develop new high-quality projects。

Same day，188bet online sports betting also announced the first quarter report of 2021。Report Display，The company achieved operating income of approximately 3% in the first quarter.4.9 billion，22 year-on-year increase.54%；Net profit attributable to shareholders of listed companies is -1.4.3 billion，Reduced loss by 36 compared to the same period last year.70%。Deduct non-net profit about -1.4.4 billion，Reduced loss by 35% compared to the same period last year.63%。Total operating cost 4.8.7 billion，Reduced by 4 compared to the same period last year.6%；Basic earnings per share loss 0.10 yuan/share。