December 7，Rhine Sports announced，To meet daily operating capital turnover needs，The company plans to sign the "Uniform Borrowing and Unified Repayment Loan Contract" with the related party Chengdu Cultural Tourism Group，Chengdu Cultural Tourism Group provided a loan of 60 million yuan to the company，The borrowing interest rate is 4.35%，Loan period 3 months。

According to the announcement，This time the company’s borrowing from the related party Chengdu Cultural Tourism Group is mainly used for the company’s daily operating activities capital turnover，No guarantee from the company is required、Mortgage、Any form of guarantee such as pledge，Not responsible for the company’s financial condition、Adverse effects on operating results and 188bet sports betting app download independence，There is no harm to the company and all shareholders，Especially in the case of the interests of small and medium shareholders。Chengdu Culture and Tourism Group is the parent company of the company’s controlling shareholder, Chengdu Sports Industry Investment Group Co., Ltd.，Therefore, this transaction constitutes a related transaction。

As understood。Chengdu Cultural Tourism Development Group Co., Ltd. was established on March 30, 2007，The registered capital is 31.3.5 billion yuan，Business scope includes cultural projects、Sports、Planning of tourism projects (including amusement facilities)、Planning、Construction、Operations、Conference、Performance services and exhibition services、Hotel catering management services、Travel agency services、Cultural and creative product design, etc.。A wholly state-owned company whose main shareholder and actual controller is 100% invested by the Chengdu State-owned Assets Supervision and Administration Commission。

Audited operating income of Chengdu Cultural Tourism Group in 20209.3.9 billion yuan，Net profit-3.4.3 billion yuan。As of September 30, 2021，Unaudited net assets of Chengdu Cultural Tourism Group 107.600 million yuan。

It is reported，December last year，Rhine Sports 188bet app plans to issue shares to acquire Chengdu Cultural Tourism。The company issued an announcement，The company plans to purchase Chengdu Cultural Tourism Development Co., Ltd. 63 held by Chengdu Cultural Tourism Development Group Co., Ltd. through a non-public issuance of shares.34% shares。Among them，Chengdu Cultural Tourism, the subject company of this transaction, is mainly engaged in skiing (grass skiing) projects and related supporting businesses in the Xiling Snow Mountain Scenic Area in Chengdu。At the same time，The listed company will rely on the Xiling Snow Mountain Scenic Area Ski Resort owned by Chengdu Cultural Tourism，Further expand and strengthen ice and snow sports and related supporting businesses，Accelerate the integrated development of sports, culture, business and tourism。

December 2019，Rhine Sports once transferred two subsidiaries to Chengdu Cultural Tourism Group for 300 million yuan。Rheinland Sports will transfer its 100% stake in Rheinda Western Sports Development Co., Ltd.、100% equity transfer of Laiyinda Sports Town Construction and Development Co., Ltd. to Chengdu Culture and Tourism Development Group Co., Ltd.。Rhine Sports once said，This transfer of wholly-owned subsidiary equity and related transactions，It will help optimize the company’s asset structure，Highlight the main business，188bet sports betting app download Comprehensively accelerate the transformation of the company’s sports industry。

Rhine Sports third quarter report display，The company achieved operating income of approximately 35.41 million yuan in the third quarter，15 year-on-year decrease.87%。The net profit attributable to shareholders of the listed company is approximately -15.71 million yuan，Down 555 year-on-year.29%。Achieve basic earnings per share-0.0122 yuan，Down 552 year-on-year.46%。

Among them，The company achieved total operating income of 71.99 million in the first half of 2021，30 year-on-year increase.5%；Realized net profit attributable to parent company -5044.90,000，The same period last year was -2523.10,000 yuan，Expansion of losses。Rhine Sports achieved operating income in 20201.400 million yuan，Increase by 1 compared with the same period last year.58%；Net profit attributable to shareholders of listed companies is -7172.million yuan，Decreased by 375 compared with the same period last year.53%。