Evening of December 8th，Uoxin 188bet best bookmaker announced that Alibaba Network plans to 2.Total price of 4.2 billion yuan，Assigned by Zhongxin 188bet best bookmaker 6.04% of shares，Alibaba Network becomes the second largest shareholder of Uoxin 188bet best bookmaker。

Uxin 188bet best bookmaker announced，Company’s controlling shareholder、actual controller Feng Bin、Guo Hongbin, a shareholder holding more than 5% of the shares, signed the "Share Transfer Agreement" with Alibaba Networks，Alibaba Network transferred RMB 4 through agreement.41 yuan/share transferred to Feng Bin respectively、Uxin 188bet best bookmaker 3700 held by Guo Hongbin.940,000 shares、1776.430,000 shares，A total of 5477 recipients of Zhongxin 188bet best bookmaker370,000 unrestricted tradable shares，Accounting for about 6% of the total share capital of listed companies.04%，The share transfer price is RMB 1.6.3 billion yuan、RMB 7834.050,000 yuan，Total RMB 2.4.2 billion yuan。

After this transfer，Feng Bin’s shareholding ratio increased from 22.33% reduced to 18.25%，Holding company shares 1.6.5 billion shares，Still the largest shareholder 188bet best bookmaker company。And Guo Hongbin’s shareholding ratio increased from 7.84% dropped to 5.88%，Holds 5329 company shares.280,000 shares，Become the third largest shareholder，The shareholding ratio of Alibaba Network is increased from 5.02% increased to 11.06%，Become the second largest shareholder 188bet best bookmaker company。

Same day，Uxin 188bet best bookmaker also issued an announcement，In order to better promote the company's business development，The company plans to issue a proposal to the controlling shareholder、The total amount of borrowings by the actual controller Feng Bin and Mr. Guo Hongbin, a shareholder holding more than 5% of the shares, shall not exceed RMB 300 million，For daily operations。Previously，The company has borrowed money from Feng Bin 3.1.7 billion yuan，The repayment period is December 20, 2021，The company also plans to issue a request to the controlling shareholder、The actual controller Mr. Feng Bin applied to extend the above loan，The extension period shall not exceed 24 months。

Announcement display，As 188bet best bookmaker disclosure date of this announcement，Within 12 consecutive months，The total amount of such related transactions that have occurred between the company and its related party Mr. Feng Bin is 3.1.7 billion yuan (excluding this transaction)，The company has no such related transactions with its related party Mr. Guo Hongbin。

At the same time，According to the announcement of "By-Election of Non-Independent Directors of the Company" issued by Uoxin 188bet best bookmaker，Reviewed by the Nomination Committee of the Company’s Board of Directors，and reviewed and approved by the board of directors，Agree to shareholders’ nomination of Zhao Lei as a non-independent director candidate for the company’s fourth board of directors。As understood。Zhao Lei，The vice president of Fliggy 188bet best bookmaker and the current general manager of the vacation division of Alibaba Group，Joined Alibaba Group in 2007，Previously served as the head of food FMCG industry of Tmall Business Department、Head of Consumer Operations at Fliggy。

September last year，Feng Bin and Alibaba signed the "Share Transfer Agreement"，Alibaba Network becomes a strategic shareholder of UX 188bet best bookmaker。Acquired UX 188bet best bookmaker 4547 held by Feng Bin through agreement transfer.030,000 shares，Accounts for approximately 5% of the company’s total shares，The share transfer price is 3.8.5 billion yuan，To promote the better development of the company’s various businesses。At the same time，Uxin 188bet best bookmaker also signed a "Strategic Cooperation Framework Agreement" with Ali 188bet best bookmaker, a subsidiary of Alibaba Group，And co-invested with Alibaba 188bet best bookmaker 1.500 million yuan to establish a joint venture，In turn, it will help accelerate the iterative upgrading of the tourism industry，Comprehensively integrate various resources and channels in the upstream, midstream and downstream of the industry chain，Providing online and offline integrated digital distribution solutions。On November 13 last year，The joint venture company has completed the industrial and commercial registration procedures，And obtained the "Business License"。

May this year，Zhongxin 188bet best bookmaker held the 2020 Annual General Meeting of Shareholders。Among them，Guo Lei, Director and Secretary of Uoxin 188bet best bookmaker，The epidemic is indeed a blow to overseas tourism，But on the other hand，Just because people can’t 188bet best bookmaker abroad，It is a good opportunity for domestic tourism，And the domestic tourism market space and customer base are huge，Currently targeting some high-quality domestic tours、Customized tours, medical tourism and other products，The market has never been perfect，Uxin 188bet best bookmaker has a great advantage in this regard。

He also said，For Zhongxin and Ali Feizhu，Newly established companies can bring incremental business。This company can add fragmented resources on the basis of tourism B2B，These resources include not only business and 188bet best bookmaker agencies，Also includes more tourism-related resources。

After Uxin 188bet best bookmaker introduced Alibaba’s strategic investment，Uxin 188bet best bookmaker also announced in June this year that Caesars 188bet best bookmaker intends to merge with Uxin 188bet best bookmaker，The transaction amount is 62.4.4 billion yuan。After the merger is completed，Zhongxin 188bet best bookmaker Branch belongs to Caesar 188bet best bookmaker or its designated wholly-owned subsidiary，And change registration as a branch of Caesars 188bet best bookmaker or its designated wholly-owned subsidiary。

But on December 5 this year，Caesar 188bet best bookmaker、Uxin 188bet best bookmaker both announced the termination of the merger on the 5th。Currently，The performance situation of both parties is not optimistic，The combined net losses of Caesars and Uoxin in the first three quarters of this year exceeded 4.6.4 billion yuan。Caesar 188bet best bookmaker’s operating income in the first three quarters 7.800 million yuan，34 year-on-year decrease.32%；Net profit loss attributable to shareholders of listed companies 2.5.9 billion yuan。Uxin 188bet best bookmaker achieved operating income of 4 in the first three quarters.7.6 billion yuan，Decreased by 64 compared with the same period last year.64%；Net profit loss attributable to shareholders of listed companies 2.0.5 billion yuan，An increase of 34 compared with the same period last year.29%。