July 5，Yunnan World Dinosaur Valley 188bet sports betting Co., Ltd. issued an announcement on stock suspension。Announcement，June 25, 2021，The company held the 16th meeting of the second board of directors，Deliberated and approved the relevant resolution regarding the company’s plan to apply to the National Equities Exchange and Quotations Corporation for the termination of stock listing，According to the "Implementation Rules for the Stock Suspension and Resumption of Stocks of Companies Listed on the National Equities Exchange and Quotations", the "Guidelines for the Business of Stock Termination and Withdrawal and Termination of Listings of Companies Listed on the National Equities Exchange and Quotations" and other relevant regulations，Application for suspension of trading of company’s stocks。

Announcement display，Apply to National Equities Exchange and Quotations，The company’s stocks will be suspended from trading on July 6, 2021。During the suspension period, the company will comply with relevant laws and regulations、Perform information disclosure obligations in a timely manner in accordance with the business guidelines。

Previously，Dinosaur Valley has already experienced a financial crisis，According to the 2020 semi-annual report，The company’s net loss in the first half of 2020 was 3469.50,000 188bet sports betting；Cumulative total realized profit-3481.01 million 188bet sports betting，Decreased by 6667 compared with the same period last year.24%。As of the end of June 2020，The company’s total assets are 10.4.4 billion 188bet sports betting，Net worth is 1.3.7 billion 188bet sports betting，The total debt of the scenic spot has reached 9.0.7 billion 188bet sports betting，Asset-liability ratio 86.87%。

According to the 2020 financial report，The company achieved operating income of 6401 in 2020.090,000 188bet sports betting，Net loss attributable to shareholders of the listed company 5975.690,000 188bet sports betting，At the end of the period, the company’s debt ratio reached 88.93%。Among them，Financing balance from external financial institutions 6.2.2 billion 188bet sports betting，Accounts Payable 1.400 million 188bet sports betting，Related party loans 5,2.6 million 188bet sports betting。

2017 to 2020，Dinosaur Valley revenue is 4752.280,000 188bet sports betting、3432.340,000 188bet sports betting、3710.310,000 188bet sports betting、6401.090,000 188bet sports betting；Net profit is 2106 respectively.240,000 188bet sports betting、280.200,000 188bet sports betting、-1246.890,000 188bet sports betting、-5975.690,000 188bet sports betting，A year-on-year increase of 35 respectively.50%、-86.70%、-544.99%、-379.25%。In recent years，Dinosaur Valley’s net profit continues to decline。

As understood，Dinosaur Valley was established on March 28, 2005，Listed on May 22, 2015，The company’s main business includes industrial investment；Development of tourist souvenirs、Sales；Operation and use of large-scale amusement facilities；Hotel Management；Film and television industry development；188bet sports betting and entertainment services；Conference and exhibition services；Cultural and sports services；Catering and accommodation services, etc.。Dinosaur Valley is based on the world’s top dinosaur fossil resources，Built according to national AAAAA tourist area standards，Collection Site Protection、Popular science test、A theme tourist area integrating sightseeing, leisure and entertainment。Currently，The company mainly operates three major areas: Dinosaur Ruins Park、Dinosaur Time and Space Park and Dinosaur Valley Hot Spring Hotel。

It is reported，The actual controller of Dinosaur Valley is the State-owned Assets Supervision and Administration Commission of the State Council。OCT is a large central enterprise directly funded and managed by the State-owned Assets Supervision and Administration Commission of the State Council，Indirectly holds Dinosaur Valley 63 through its subsidiary Yunnan 188bet sports betting Co., Ltd..25% shares。