Golden Horse Amusement: Plans to jointly invest in a large-scale Ferris wheel 188bet sports betting app download with Dalian Xingyuan

Cultural 188bet sports betting app download Benefits Author of this article: Gelonghui 2021-06-03
The total planned investment for this project is 200 million yuan,will be composed of cash investment from Jinma Cultural 188bet sports betting app download Development and Dalian Xingyuan。

June 3,Golden Horse Amusement Announcement,The company held the seventh meeting of the third board of directors on June 3, 2021、The seventh meeting of the third board of supervisors,Deliberated and approved the "Proposal on Proposed Foreign Investment and Signing of Project Cooperation Investment Agreement"。The company and its wholly-owned subsidiary Zhongshan Jinma Cultural 188bet sports betting app download Development Co., Ltd. ("Jinma Cultural 188bet sports betting app download Development") plan to jointly invest, operate and manage the Dalian Xinghai Plaza large-scale Ferris wheel project ("Dalian Star Project" or the "Project" ),With Dalian Xingyuan Entertainment Development Co., Ltd. ("Dalian Xingyuan")、Dalian Star Entertainment Development Co., Ltd. ("Project Company") and other relevant partners carried out foreign investment and signed the "Cooperation Investment Agreement"。

The total planned investment for this project is 200 million yuan,will be funded by Jinma Cultural 188bet sports betting app download Development and Dalian Xingyuan in cash (including paid-in capital)、Shareholder borrowing) + external financing (including financial leasing、Bank loan, etc.) composition。On the premise of ensuring that the project company has obtained the 20-year operating rights of the Dalian Star project,Jinma Cultural 188bet sports betting app download Development will invest 9.8 million yuan from its own funds to acquire 49% of the equity of the project company,Dalian Xingyuan holds 51% of the controlling stake in the project company with a paid-in investment of 10.2 million yuan。The remaining investment is planned to be settled through external financing or additional investment from shareholders,External financing withdrawals will be applied in installments based on the actual funds used by the project company’s construction progress。The company and Jinma Cultural 188bet sports betting app download Development will be based on the actual needs of the subsequent construction of the project,Perform necessary review and decision-making procedures separately in accordance with relevant rules and requirements。

Jinma Cultural 188bet sports betting app download Development is a wholly-owned subsidiary of the company,is the company’s implementation of the two-wheel drive development strategy of “advanced amusement equipment manufacturing + modern amusement service industry”、An important entity in expanding cultural 188bet sports betting app download terminal operation business。The company and Jinma Cultural 188bet sports betting app download Development Co., Ltd. jointly invest this time、Operation and management of Dalian Star project,Carry out foreign investment and sign project cooperation investment agreement,In line with the company’s strategic positioning in expanding cultural 188bet sports betting app download terminal projects。Invest through project cooperation,Integrate high-quality resources from all parties,Continue to promote the implementation and implementation of Dalian Star project,Able to accelerate the creation of a focused model、High-quality cultural 188bet sports betting app download terminal project,Accumulate experience for the company to continue to develop more high-quality cultural 188bet sports betting app download terminal operation projects,Accelerate the expansion of the company’s cultural 188bet sports betting app download terminal business layout and industrial chain extension;Conducive to improving the company’s cultural and 188bet sports betting app download terminal business development、Overall competitiveness in operations and management,Expand the company’s existing business scale and performance increase,Continuously inject new impetus into the company’s sustainable development,In line with the company’s long-term development strategy and the interests of all shareholders。

*This articleComeSource: Gelonghui, original titleGolden Horse Amusement(300756.SZ): Plans to sign a cooperation investment agreement with the partner for joint investment in the large-scale Ferris wheel 188bet sports betting app download of Dalian Xinghai Square》.

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