June 10，Yunnan Chengtou Real Estate Co., Ltd. issued a series of announcements，Said that it plans to sell the 188bet login and shares of 16 subordinate companies through non-public agreement transfer and public listing transfer。

According to Guandian Real Estate New Media，These subsidiaries include 100% 188bet login Yunnan Chengtou Real Estate Co., Ltd.，Equity transfer price 40.690,000 yuan；100% 188bet login Yunnan Ansheng Chuangxiang Enterprise Management Co., Ltd.，Equity transfer price 1023.190,000 yuan；Yunnan Ansheng Chuangxiang Tourism Industry Investment Partnership (Limited Partnership) 99.3377%，Equity transfer price 1.3.9 billion yuan；

75% 188bet login Hainan Tianli Hotel Co., Ltd.，Equity transfer price 4106.590,000 yuan；35% 188bet login Yunnan Jinlanmei International Tourism Investment and Development Co., Ltd.，Equity transfer price 963.390,000 yuan；39% 188bet login Yunnan Hot Spring Valley Health Resort Operation and Development (Group) Co., Ltd.，Equity transfer price 88.480,000 yuan；30% 188bet login Yunnan Chengtou Zhonghe Decoration Co., Ltd.，Equity transfer price 2068.500,000 yuan；

70% 188bet login Kunming Yuncheng Xishan Tourism Investment and Development Co., Ltd.，Equity transfer price 431.210,000 yuan；30% 188bet login Yunnan Overseas Chinese Town Industrial Co., Ltd.，Equity transfer price 3.400 million yuan；35% 188bet login Yunnan Zhonghai Chengtou Real Estate Development Co., Ltd.，Equity transfer price 6048.980,000 yuan；40% 188bet login Yunnan China Merchants Urban Investment Real Estate Co., Ltd.，Equity transfer price 1.0.9 billion yuan；

At the same time，100% 188bet login Chengdu Minsheng Xishen Investment Co., Ltd.、100% 188bet login Yunnan Chengtou Haidong Investment and Development Co., Ltd.、100% 188bet login Chengdu Dingyun Real Estate Development Co., Ltd.、75% 188bet login Hainan Tianli Resort Hotel Co., Ltd.、51% 188bet login Yunnan Art Garden Real Estate Development and Management Co., Ltd.。The equity transfer prices of these companies are all 1 yuan。

Currently，The clear takeover party of these companies is 188bet login Kangqi Enterprise Management Co., Ltd.，This company is a third-level subsidiary of Kanglv Group, the controlling shareholder of 188bet login Urban Investment。

Among them，The equity and shares of 11 target companies including 100% 188bet login Yunnan Chengtou Real Estate Co., Ltd.，With 2.Sold to Kangqi Company for 200 million yuan through non-public agreement transfer。

188bet login 5 target companies including 70% 188bet login Kunming Yuncheng Xishan Tourism Investment and Development Co., Ltd.，Sold by public listing and transfer，The total listing price is 5.100 million yuan，Kangqi Company plans to participate in public bidding and be delisted with guaranteed minimum price。

Represented by 188bet login City Investment，With the overall tightening of financial regulatory policies，Real estate financing channels narrowed，Financing costs continue to rise，The company’s financing amount dropped significantly，Facing financial constraints。The new financing amount and sales receivables are mainly used to protect the repayment of financial institutions，Insufficient funds for subsequent development，Resulting in the company’s continued losses in recent years。

Also，188bet login Urban Investment’s audited net assets at the end of 2020 are -3.7.8 billion yuan，According to the relevant provisions of the "Shanghai Stock Exchange Stock Listing Rules"，188bet login Urban Investment has been issued a “delisting risk warning”，To optimize the company’s asset structure，Enhance the enterprise's ability to resist risks，188bet login City Investment plans to pass the sale of the underlying assets，Reduce debt scale，Effectively resolve delisting risks，Improve risk resistance，Improve financial position and profitability。

*thisSource: Guandian 188bet login Network,Original title:《Yunnan Chengtou sold the 188bet login and shares of 16 subsidiaries to the parent company Kanglv Group》.