China Youth Travel Service: The total amount of external guarantees provided by the company and its holding subsidiaries is 42.8 billion 188bet

Author of this article: 188bet 2021-06-04
The total guarantee accounted for 67% of the company’s audited net assets in 2020.66%。

June 3,According to the announcement issued by CYTS,As of the disclosure date of this announcement,The total external guarantee provided by the listed company and its holding subsidiaries is RMB 42.8 billion 188bet,Accounting for 67% of the company’s 2020 annual audited net assets.66%。

As understood,Beijing CYTS Chuange Technology Co., Ltd.,is a 90%-controlled subsidiary of CYTS,Registered capital 10,0 million 188bet,The registered address is 8th Floor, Pan Asia Building, No. 128 Zhichun Road, Haidian District, Beijing,Legal representative Chai Hao,The business scope is Internet information service business;Retail domestic edition books、Electronic Publication;Technology Development、Technology transfer、Technical consultation、Technical Service;Selling electronic products、Communication Equipment、Mechanical and electrical equipment;Goods import and export、Technology Import and Export、Import and export agent;Labor dispatch;Computer technology training, etc.。

As of March 31, 2021,Total assets 19.4.7 billion 188bet,Total liabilities 17.0.5 billion 188bet,Asset-liability ratio 87.60%,Total current liabilities 17.0.5 billion 188bet,Net worth 2.4.1 billion 188bet。Operating revenue achieved in the first quarter of 2021 9.0.6 billion 188bet,Net profit 619.520,000 188bet。

According to the 2020 annual report,The main business of CYTS is IT product sales and technical service income、Income from corporate exhibition services、Scenic Spot Management、Income from 188bet products and services、Hotel Industry,The proportion of revenue is: 57.85%、16.42%、10.62%、8.34%、4.18%。

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