October 12，Xi’an 188bet app download Announcement，The company plans to transfer all the equity held by the company to Diebu County Zhagana Ecological 188bet app download Culture Development Co., Ltd. and Diebu County Zhagana Health Care Real Estate Co., Ltd.，Based on estimated price 9,104.030,000 yuan as the transfer price，Public listing for transfer。Among them，The company holds eco-188bet app download companies respectively、51% of Kangyang Real Estate Company、70% equity。After this equity transfer，The company will no longer hold the equity of all operating entities of the Zhagana 188bet app download Characteristic Town Project，will completely withdraw from the Zhagana 188bet app download Characteristic Town Project。

Announcement display，This transaction will be transferred through public listing，The listing price is based on the asset appraisal value。There is a risk of success in this transaction，The transaction object and final transaction price cannot be confirmed yet，It is not clear whether it constitutes a related transaction，The 188bet app download will complete the listing transaction process，Details will be announced separately。

As understood，Zhagana 188bet app download Characteristic Town Project is sponsored by Zhagana 188bet app download Scenic Area、Zhagana Tourist Town and Zhagana Ecological Health Community are composed of three parts，Form“Taking scenic spots as the leader for development、Extending services to tourist towns、Using health care community as functional supplement”’s business development pattern。The operating entity of the Zhagana 188bet app download Characteristic Town Project is Diebu County Zhagana Ecological 188bet app download Culture Development Co., Ltd.，Registered capital 4,0 million yuan，Invested by Xi'an 188bet app download Co., Ltd. 2,0.4 million yuan，51% equity；Zhengyixin Health Management (Beijing) Co., Ltd. investment 1,5.6 million yuan，Equity accounting for 39%；Diebu County State-owned Industrial Poverty Alleviation and Development Co., Ltd. 4 million yuan，10% shareholding。

Among them，The operating entity of the sub-project Zhagana Ecological Health Care Community is Diebu County Zhagana Health Care Real Estate Co., Ltd.，Registered capital 4,0 million yuan，Invested by Xi'an 188bet app download Co., Ltd. 2,8 million yuan，70% shareholding；Diebu County Zhagana Ecological 188bet app download Culture Development Co., Ltd. Investment 1,2 million yuan，Equity accounted for 30%。Currently，The Zhagana tourist town project has not yet started operation，A separate operating entity will be established when conditions are mature，Responsible for the independent operation of this sub-project。

According to the announcement，Since the Zhagana 188bet app download Characteristic Town project involves real estate business，If this transaction is implemented，The company will increase cash inflow 9,104.030,000 yuan，Expected to increase investment income by approximately 5,5 million yuan。Through this transaction，will further reduce the company’s asset-liability ratio，Improve the company's overall operating efficiency。After the completion of this equity transfer，Ecological 188bet app download company and health care real estate company are no longer subsidiaries of the company，No longer included in the scope of the company's consolidated statements。

It is reported，Ecological 188bet app download company applied for project loan in April 20215.600 million yuan，A bank loan of 200 million yuan has been obtained，The company provides a full guarantee for this loan。This equity transfer requires the consent of the lending bank，And transfer the loan guarantee responsibility to the transferee。Currently，The company provides working capital loan principal and interest to the eco-188bet app download company and the health care real estate company respectively328.460,000 yuan and 5,070.080,000 yuan，Total 5,398.540,000 yuan。The above loan is at the same time as the equity transfer，Must be returned to the company in full by the eco-188bet app download company and the health care real estate company。

188bet app download representation，This equity transfer does not involve personnel placement or horizontal competition。The proceeds from this equity transfer will be retained for the 188bet app download’s own operation。