June 15，Huatian Hotel announced，To further expand 188bet best bookmaker channels，Meet the company’s business needs，The company and its wholly-owned subsidiary Changchun Huatian Hotel Management Co., Ltd. have launched 188bet best bookmaker cooperation with the Hunan Branch of China Cinda Asset Management Co., Ltd.，Cinda Assets Transferee Changchun Huatian to the Company 205,058,976 yuan debt，188bet best bookmaker term not exceeding 1 year，Capital costs are implemented in accordance with industry standards，After the completion of the transaction, Cinda Assets will replace Changchun Huatian as the obligee of the company's above-mentioned claims。The above 188bet best bookmaker is carried out within the company’s 2021 comprehensive 188bet best bookmaker credit limit of 4 billion。

Announcement display，June 11, 2021，The company and Changchun Huatian signed the "Debt Acquisition and Debt Restructuring Agreement" with Cinda Assets。At the same time，The company and its wholly-owned subsidiary Changsha Huadun Industrial Co., Ltd. signed the "Debt Acquisition and Debt Restructuring Accounts Receivable Pledge Contract" with Cinda Assets，The above 188bet best bookmaker matters are based on the amount that the company and its wholly-owned subsidiary Huadun Industry enjoys from Beijing Haobo Jiye Real Estate Development Co., Ltd. is 877,759,479.55 yuan of accounts receivable claims as pledge，The company’s claim on Beijing Haobo is 235,128,899.40 yuan，The amount of Huadun Industrial’s claims against Beijing Haobo is 642,630,580.15 yuan。

Before the company pays off the above debts，The collection of pledged claims is supervised by Cinda Assets，Company、Huadun Industrial signed the "Fund Supervision Agreement" with Cinda Asset and Supervisory Bank。

As understood，Huatian Hotel issued an announcement on May 25, 2021，The company plans to apply for a comprehensive credit line of 188bet best bookmaker from banks and other financial institutions not exceeding RMB 4 billion (or equivalent foreign currency)，This 188bet best bookmaker is carried out within the company’s 4 billion comprehensive 188bet best bookmaker credit limit for 2021。It is reported，The scope of comprehensive 188bet best bookmaker entities is companies and wholly-owned enterprises、Holding subsidiary，188bet best bookmaker is used for long-term management、中、Short-term loan、Bank entrusted loan、Trust 188bet best bookmaker、Issuing a letter of credit、Financial lease、Asset management company 188bet best bookmaker、Letter of Guarantee、Bills and other 188bet best bookmaker methods to meet the funds needed for company development。