April 27，Western Region 188bet releases 2020 annual report，During the reporting period，The company achieved operating income of 5118.70,000 yuan，Down 78 year-on-year.76%；Net loss attributable to shareholders of listed companies 4325.70,000 yuan，158 year-on-year decrease.81%；Net loss attributable to shareholders of listed companies excluding non-recurring gains and losses 4684.70,000 yuan，164 year-on-year decrease.21%，Basic earnings per share is -0.33 yuan。According to Article 10 of the "Shenzhen Stock Exchange GEM Stock Listing Rules".3.Item 1 of Paragraph 1 of Article 1 "The audited net profit in the most recent fiscal year (the lower before and after deducting non-recurring gains and losses) is negative and the operating income is less than 100 million yuan，Or the situation where the net profit (before and after deducting non-recurring gains and losses, whichever is lower) in the most recent fiscal year after retrospective restatement is negative and the operating income is less than 100 million yuan，The company is disclosing its 2020 annual report，Disclosure of company stock transactions Implementation of Delisting Risk Warning Announcement。The company’s shares were suspended for one day after the announcement，From the date of resumption，Shenzhen Stock Exchange issues delisting risk warning for company stock trading。

As understood，The company’s cumulative number of tourists in 2020 dropped by 81% year-on-year，The company has launched a number of 188bet projects in Tianshan Tianchi Scenic Area，Fully includes shuttle bus、Ropeway、Cruise boat、Battery car、Sightseeing car、Catering, etc.，At the same time, the Wucaiwan Hot Spring 188bet Project was developed,Meet the different needs of tourists。The company continues to enrich the 188bet industry，Investment in Turpan Flame Mountain Scenic Area Project，Owner of Turpan Flame Mountain 188bet Co., Ltd. 36.22% shares，Investment in Xinjiang Ili Princess Jieyou Lavender Garden Scenic Area Project，Holding 20% ​​shares of Xinjiang Natural Aromatic Agricultural Technology Co., Ltd.。

The company also stated，In the next year’s business plan，Will give full play to the role of capital platform of listed companies，Realize "resources + funds"、“Long + short” mode，Promote the company’s long-term development，Use professional investment institutions to manage Management advantages，Planning to establish cultural 188bet fund，Invest in quality projects，Improve company performance，Accelerate industrial scale upgrading，Optimizing the layout of 188bet development，Strive to create high-quality 188bet destinations 的地、Travel routes，Improve company brand image，Strive to become strong、Excellent performance、Steady growth、The most influential comprehensive 188bet service enterprise in Xinjiang with standardized operations。