July 28，188bet app announced，The company will acquire X-BIONIC AG and X-Technology Swiss GmbH, Switzerland’s number one sports brand, in cash。

According to the announcement，Agree that the company will pay the total consideration to X-BIONIC AG and X-Technology Swiss GmbH for the transfer and licensing of the subject IP10,294,666 Swiss francs，This amount has been paid VAT in China in accordance with the law、Amount received by the transferor after additional tax and stamp duty，2 of them,058,933 Swiss franc is patented、Proprietary technology、Transfer consideration of software copyright (if any)，Remaining 8,235,CHF 733 is the transfer consideration for all other underlying IP。The subject of this acquisition agreement is "X-BIONIC"、Two core trademarks of "X-SOCKS" as well as 34 related trademarks and 25 patents、4 proprietary technologies and other IP ownership。

As understood，Before January 29, 2021，The company has paid 50% of the down payment as agreed in the agreement，Signed and completed all IP transfer and delivery documents，And completed the transfer of 25 patent rights stipulated in the agreement、4 patent license filings、9 Hong Kong registered trademark transfers。

According to Sky Eye Check，Sanfu Outdoor was established on June 22, 2001，Registered capital is 50 million yuan。The business scope is the design of outdoor sporting goods；Technology Development；Technical Service；188bet app and artistic exchanges (except performances)；Organizing sports activities (except organizing and hosting sports competitions)；Sales of 188bet app and sporting goods, etc.。