July 29，*188bet sports betting app download A announced，The company terminates the implementation of major asset restructuring through the acquisition of 51% equity of Langpei Education。

According to the announcement，The company previously planned to issue shares and pay cash，Xiang Liu Chungang、Yi Jianhua、Chengdu Tanxue 188bet sports betting app download Partnership (Limited Partnership) and Chengdu Langzhongxing 188bet sports betting app download Partnership (Limited Partnership) purchased their combined holdings of Chengdu Langpei Education Consulting Co., Ltd. (hereinafter referred to as "Langpei Education" ”)51% equity，At the same time, it plans to raise supporting funds from the non-public issuance of shares of Luoniushan Group Co., Ltd.。

*188bet sports betting app download A indicates，In view of the recent market environment and the impact of industry regulatory policy adjustments，In order to effectively protect the interests of listed companies, investors and transaction parties，By consensus of all parties to the transaction，Company Board of Directors、The Board of Supervisors carefully studied and decided，Termination of this major asset reorganization matter。

According to data，*188bet sports betting app download A is mainly engaged in hotel accommodation and catering services，Mainly operates the South China Hotel built in 1992，This hotel is one of the earliest hotels in Sanya。Since its launch in 1997，*188bet sports betting app download A is always wandering between "wearing hats and taking off hats"。After taking off the hat in 2018，In 2020*188bet sports betting app download A’s revenue was only 15.51 million yuan and its net loss was 1156.790,000 yuan，Trigger delisting risk warning，Wearing stars and hats again。

According to the first half performance forecast disclosed by *ST Donghai A recently，Achieved a turnaround from losses to profits in the first half of this year，Net profit in the first half of the year was 1.3 million yuan to 1.6 million yuan，119 more than the same period last year.60% to 124.13%，Loss 663 in the same period last year.150,000 yuan。Company representation，During the reporting period，Domestic 188bet sports betting app download and 188bet sports betting app download service industry operations have improved compared with the same period last year，And company hotel upgrade software、Reasons such as improved efficiency after hardware，The company’s main business income increased compared with the same period last year，Realize loss to profit。