September 7，Junting Hotel releases letter of intent，The number of publicly issued shares does not exceed 2,013.500,000 shares，Accounting for no less than 25% of the company’s total share capital after issuance。Among them，This public offering of stocks，All are new shares issued by the company。Preliminary inquiry date for this issuance is September 10, 2021，Subscription date September 16, 2021。

Announcement，The funds raised this time are planned to be used for mid-to-high-end hotel design and development projects and comprehensive management platform construction projects according to priority 。Among them，Mid-to-high-end hotel design and development project plans to use raised funds 32,3.52 million yuan，Integrated management platform construction project plans to use raised funds 2,0.38 million yuan。188bet app download Before completing this public offering of shares and listing on the GEM，The company will base on actual business needs，Preliminary investment in the above projects with its own funds，After the funds raised are in place，The raised funds will be used to replace this part of its own funds。If the net amount of funds raised after deducting issuance expenses cannot meet the funding needs of the above projects，Our company will solve the problem by itself。

As ​​understood，The company’s shares will be issued and listed on the GEM of Shenzhen Stock Exchange，Since stock issuance will be affected by many factors such as market environment，This stock issuance may be under-subscribed, etc.，Thus facing the risk of issuance failure。

Announcement display，During the reporting period，The service areas of the company’s opened hotels are mainly concentrated in the Yangtze River Delta urban agglomeration area，Especially in Zhejiang Province。Each period during the reporting period，The company’s operating income in Zhejiang Province is 16,767.020,000 yuan、18,092.550,000 yuan and 13,579.820,000 yuan，The proportion of operating income in the corresponding period 188bet app is 49.15%、47.41% and 53.04%。The company has actively expanded the national market in recent years，But once regional competition in Zhejiang Province intensifies、When the business scale is saturated or there are major adverse changes in regional regulatory policies and operating environment，Will have an adverse impact on the company's profitability。

Among them，Fourth Quarter 2020，The issuer’s operating income has recovered to 92% in the same period in 2019.31%，Net profit、Net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses、Financial and business indicators such as occupancy rate have exceeded the level of the same period in 2019，Operation recovery is in good condition。Based on the current situation of effective prevention and control of the new coronavirus pneumonia epidemic in my country，The issuer’s management does not expect that the impact of the COVID-19 epidemic will cause the company’s performance in 2021 to continue to decline compared with 2020。

As of June 30, 2021，The total assets of the company are 106,990.230,000 yuan，Total liabilities are 78,742.870,000 yuan，Compared 188bet app download to early 2021，reduced by 2 respectively.39% and 6.14%，Smaller change。Owner’s equity and equity attributable to shareholders of the parent company are 28 respectively,247.360,000 yuan and 29,463.390,000 yuan，An increase of 9 respectively compared with the beginning of 2021.87% and 9.76%。January-June 2021，The company achieved operating income of 14,644.970,000 yuan，An increase of 64 compared to the same period in 2020.80%，Mainly due to the impact of the new coronavirus pneumonia epidemic on the company’s operations from January to June 2020，Lower operating income。From the perspective of profitability，The net profit attributable to shareholders of the parent company from January to June 2021 is 2,619.300,000 yuan，Significantly exceeding the level of the same period in 2020。

The company expects to achieve operating income of 22 from January to September 2021,750.million to 23,000.million yuan，16 compared with the same period last year,800.480,000 yuan increased significantly，The increase range is 35.41% to 36.90%；Estimated net profit attributable to owners of the parent company after deducting non-recurring gains and losses 3,8 million to 188bet online sports betting 4,0.5 million yuan，1 compared with the same period last year,380.150,000 yuan also achieved substantial growth，The increase range is 175.33% to 193.45%。

Announcement，As of the signing date of this prospectus，All aspects of the company’s operations have been fully restored，The company’s business model and core business have not undergone major changes，No major adverse changes have occurred in the overall operating environment。