June 8，According to Huayi Brothers announcement，For actual business needs，Plan to apply to Hangzhou Bank for no more than RMB 3.Comprehensive credit of 500 million yuan，Credit period is one year。The company plans to provide pledge guarantee by pledging 25% of its equity in Yinhan Technology and accounts receivable from the proceeds of two film and television dramas；Beijing Huayi Brothers Entertainment Investment, a wholly-owned subsidiary 188bet Live Casino, and Wang Zhongjun, the actual controller 188bet Live Casino、Wang Zhonglei plans to provide joint liability guarantee for the company’s application for the above-mentioned comprehensive credit；Guarantee period is 18 months，The guarantee amount is not more than RMB 3.8.5 billion yuan，No guarantee fee will be charged for this guarantee。

According to the announcement，After this guarantee，The total cumulative guarantee 188bet Live Casino and its holding subsidiaries is approximately 45.4 billion yuan (all guarantees provided to the company or subsidiaries)，147% 188bet Live Casino’s latest audited net assets.78%；The cumulative actual guarantee balance 188bet Live Casino and its holding subsidiaries is approximately 29.2 billion yuan (all guarantees provided to the company or subsidiaries)，Accounting for 95% 188bet Live Casino’s latest audited net assets.04%。

According to the first quarter report of 2021 released by Huayi Brothers，188bet Live Casino achieved operating income of 3 during the reporting period.9.7 billion yuan，73 year-on-year increase.57%；Net profit attributable to shareholders of listed companies 2.3.5 billion yuan，Return from loss to profit compared to the same period last year。