September 15，Huatian Hotel announced，In order to accelerate the company’s asset-light operation strategy in the hotel industry，The company plans to publish a pre-listing announcement on the website of Hunan Equity Exchange of holding 70% of the equity of its subsidiary Yongzhou Huatiancheng Real Estate Co., Ltd.，This pre-listing does not constitute a transaction。After this transaction is completed，The company will no longer hold the equity of Yongzhou Real Estate。

As understood，Yongzhou Huatiancheng Real Estate Co., Ltd. was established on November 23, 2012，Registered capital is 50 million 188bet Live Casino。Business scope includes real estate development and operation、Hotel construction investment、Car rental。70% held by Huatian Hotel Group Co., Ltd.，Huatian Industrial Holding Group Co., Ltd. holds 30% shares。As of December 31, 2020，Yongzhou Real Estate’s audited total assets 1.7.3 billion 188bet Live Casino，Total liabilities 4628.870,000 188bet Live Casino，Net worth 1.2.7 billion 188bet Live Casino，Operating income 1050.750,000 188bet Live Casino，Net profit 204.830,000 188bet Live Casino。As of May 31, 2021，Unaudited total assets of Yongzhou Real Estate 1.5.1 billion 188bet Live Casino，Total liabilities 1587.180,000 188bet Live Casino，Net worth 1.3.5 billion 188bet Live Casino，Operating income 566.850,000 188bet Live Casino，Net profit 831.550,000 188bet Live Casino。

Announcement display，The company plans to transfer the property assets of the self-owned real estate company，Gradually realize the company’s transformation and development towards asset-light operations，At the same time, it is conducive to optimizing the asset structure，Improve the company’s asset liquidity and operational efficiency，This transfer is in line with the company’s strategic development direction。