November 18，Wanda Hotel Development Co., Ltd. issued an announcement，Renewed the hotel management framework agreement and property leasing framework agreement with 188bet app download Management Group。The parties agreed to renew the framework agreement due to its expiration on December 31，Wanda Hotel and 188bet app download Management Group entered into a new property leasing framework agreement。

Announcement display，Announcement on November 13, 2018，Hotel Management Framework Agreement and Property Leasing Framework Agreement entered into between the company and 188bet app download Management Group，2019Announcement on October 18, 2019, the company and 188bet app downloadHotel Design Framework Agreement and Hotel Construction Management Framework Agreement entered into by 188bet app download Group，&2021Announcement on June 30, 2020，Product supply frame between the company and Dalian 188bet app download GroupFrame 188bet app download。The above framework agreements will expire on December 31, 2021。

To continue the continuing connected transactions，On October 18, 2021, the company entered into a new property leasing framework agreement with 188bet app download Management Group，Accordingly，188bet app download Management Group Co., Ltd. may lease properties (including offices) in China from time to time、Warehouse and parking spaces) to the Group，The agreement may also include property management services that 188bet app download Management Group Co., Ltd. will provide for the leased properties；Our company has entered into a new hotel design framework agreement with Dalian Wanda Group，Accordingly，Dalian Wanda Group Company may from time to time engage the Group to provide hotel design services for Dalian Wanda Group’s hotel projects；The company and Dalian Wanda Group entered into a new hotel construction management framework agreement，Accordingly，Dalian Wanda Group Company may from time to time engage the Group to provide hotel construction management services for Dalian Wanda Group’s hotel projects；The company entered into a new product supply framework agreement with Dalian Wanda Group，Accordingly，Dalian Wanda Group Company has agreed to purchase in accordance with the terms and conditions agreed in this agreement，and the Group has agreed to supply such products in accordance with these terms and conditions.

Currently，Wanda Hotel has entered into a novation agreement with 188bet app download Management Group and Dalian Wanda Group，Accordingly，From January 1, 2022，188bet app download Management Group agrees to the novation and Dalian Wanda Group agrees to assume all rights and responsibilities under the 188bet app download Management Group Hotel Management Framework Agreement。