July 14，Yunnan 188bet app download Announcement，To support the development of subsidiaries，Improve its ability to continue operating，The company and Yunnan Overseas Chinese Town Equity Investment Fund Partnership (Limited Partnership), another shareholder of Dinosaur Valley, plan to increase capital to Dinosaur Valley in accordance with the shareholding ratio，The company’s capital increase amount is 1.7.2 billion yuan。After completion of capital increase，The registered capital of Dinosaur Valley will be 1.100 million yuan increased to 3.8.2 billion yuan，The shareholding ratio of each shareholder remains unchanged，The company’s shareholding ratio is 63.25%，OCT Equity Investment Fund’s shareholding ratio is 36.75%。This capital increase is mainly used to enhance the sustainable operating capabilities of Dinosaur Valley and improve its financial structure。

According to the announcement，OCT Equity Investment Fund is actually controlled by the company’s actual controller, OCT Group，The above capital increase constitutes a related transaction。Yunnan OCT Equity Investment Fund Partnership (Limited Partnership) was established on September 25, 2017，Business scope includes equity investment、Project investment and management of invested projects；Economic Information Consulting；Business information consultation, etc.。Among them，OCT Private Equity Fund Management Co., Ltd. holds OCT Fund 0.2795% share；Yunnan 188bet app download and Cultural Industry Development Fund Partnership (Limited Partnership) holds OCT Fund 55.8971% share；Yunnan Expo Investment Co., Ltd. holds OCT Fund 43.8234% share。

Yunnan World Dinosaur Valley 188bet app download Co., Ltd. was established on March 28, 2005，The registered capital is 11,0 million yuan。Business scope includes park management；Industrial Investment；Development of tourist souvenirs、Sales；Operation and use of large-scale amusement facilities；Hotel Management；Film and television industry development；188bet app download and entertainment services；Cultural and sports services；Catering and accommodation services, etc.。Before capital increase，The company holds its 63.25% equity，OCT Equity Investment Fund holds its 36.75% equity；The equity structure will remain unchanged after the capital increase is completed。As of December 31, 2020，Total assets 10.1.2 billion yuan，Total liabilities 89,959.830,000 yuan；Achieve operating income of 6 in 2020,401.090,000 yuan，Net profit-5,975.690,000 yuan。

Company representation，This time the company increases the capital of its holding subsidiary，The source of funds is the company’s own or self-raised funds，Has a certain impact on the company’s cash flow。The company increases the capital of its holding subsidiaries according to the shareholding ratio，Conducive to improving the financial structure of Dinosaur Valley，Ensure the continuation of its main business、Healthy Development。This 188bet app download will not have a significant impact on the current operating performance，It will not affect the normal development of the existing main business，There is no situation that damages the interests of the listed company and all shareholders。

As understood，July 5，Yunnan World Dinosaur Valley 188bet app download Co., Ltd. has announced its application for a trading suspension of the company’s shares。And issued an announcement，Applying to the National Equities Exchange and Quotations，The company’s stocks will be suspended from trading on July 6, 2021。Dinosaur Valley is already facing a financial crisis，2017 to 2020，Dinosaur Valley’s revenue is 4752.280,000 yuan、3432.340,000 yuan、3710.310,000 yuan、6401.09 million yuan；Net profit is 2106 respectively.240,000 yuan、280.200,000 yuan、-1246.890,000 yuan、-5975.690,000 yuan，A year-on-year increase of 35% respectively.50%、-86.70%、-544.99%、-379.25%，Dinosaur Valley’s net profit has continued to decline in recent years。