September 17，According to Yunnan Tourism Announcement，The company's subsidiary Shenzhen OCT Cultural Tourism Technology Group Co., Ltd. (referred to as "ldquo");Cultural Tourism 188bet sports betting app download Technology”) recently received approval from its co-investor Shenzhen Overseas Chinese Town Capital Investment Management Co., Ltd. (referred to as “OCT Capital”) "Notification Letter Regarding the Proposed Transfer of 49% Equity Interest in Shenzhen OCT Cultural Tourism Technology Equity Investment Management Co., Ltd."。

According to the announcement，OCT Capital intends to transfer its 49% equity and corresponding claims in Shenzhen OCT Cultural Tourism Technology Equity Investment Management Co., Ltd. to South China Investment through a non-public agreement，The transaction consideration is equity payment of 14.7 million yuan、Shareholder loan principal 3.The sum of 6.6 billion yuan and corresponding interest。Based on the 188bet online sports betting company and cultural tourism investment and operation status and overall development strategy，The company intends to give up the right of first refusal for the above equity。

As understood，Yunnan Tourism and South China Investment are different enterprises under the control of the same controller, OCT Group，According to the "Shenzhen Stock Exchange Stock Listing Rules"，South China Investment is a related party of the company。