October 20，according to“China Youth Travel Service”Public account news，China Youth Travel Service participated in the private placement of Dalian Botao Culture Technology Co., Ltd.，Shareholding ratio increased to 15%，Become the second largest shareholder of Botao Culture。The new shares issued in this issuance will be listed on the National Equities Exchange and 188bet app Quotations and publicly transferred on October 25, 2021。

As understood，Part of the capital increase will be used for Botao Culture“Xiongdong Street”Projects and new product development。“Xiongdong Street”is Botao Culture’s first one-stop cultural, tourism and entertainment complex project with a mechanical behemoth theme that was planned and participated in the investment and operation。The project is located in an old industrial factory in the center of Dalian，An area of ​​about 5000 square meters，With mechanical bear“北北”Indoor parade is the core attraction，Cover“Super Paradise”Block、“Special Food”Block、“Bear World Nightclub”Block and“Trend culture and art”Four major business formats，A design style that combines steampunk and cyberpunk，With high technology、A 188bet app cultural, business and tourism complex project with installation art and content research and development as the main means。

It is reported，“Xiongdong Street”The project is expected to open in April 2022。