February 9，Three Gorges 188bet app download Announcement，The company recently received the Yichang City State-owned Assets Supervision and Administration Commission's "Notice on Matters Related to the Equity Transfer of Yichang Urban Development Investment Group Co., Ltd." (Yichang State-owned Assets [2022] No. 1) forwarded by the controlling shareholder Yichang Transportation and 188bet app download，Researched，Yichang Municipal State-owned Assets Supervision and Administration Commission decided to transfer 100% equity of Yichang Transportation and 188bet app download to Yichang Chengfa for free。After the completion of the equity transfer，Yichang Chengfa became the company’s indirect controlling shareholder，The company’s controlling shareholder and actual controller have not changed。

The base date of this equity transfer is December 31, 2021，The equity change is a free transfer of state-owned equity.

Before this equity change，Yichang Chengfa directly holds 14.92 million shares of the company，Accounting for 2% of the company’s total share capital.02%；Yichang Jiaotong 188bet app download Investment Development Co., Ltd. directly and through its wholly-owned subsidiary Yichang Jiaotong 188bet app download Co., Ltd.、Total shares of the company indirectly held by Yichang Daoxing Cultural 188bet app download Development Co., Ltd.
is 1.9.2 billion shares，Accounting for 25 of the company’s total share capital.95%，is the controlling shareholder of the company；188bet app download City State-owned Assets Supervision and Administration Commission approved 188bet app download Transportation、188bet app download Chengfa、188bet app download State-owned Capital Investment Holding Group Co., Ltd.、The total number of company shares indirectly held by 188bet app download High-tech Investment and Development Co., Ltd. 2.3.6 billion shares，Accounting for 32% of the company’s total share capital.02%，is the actual controller of the company。

As of the date of disclosure of this announcement，Yichang Jiaotong Travel equity transfer procedures and industrial and commercial change registration procedures have been completed。After this equity change，The total number of company shares held by Yichang Chengfa directly and indirectly through Yichang Communications and 188bet app download is 2.0.6 billion shares，Accounting for 27% of the company’s total share capital.97%，Become an indirect controlling shareholder of the company；The total number of company shares directly and indirectly held by Yichang Communications and 188bet app download remains unchanged，Still the controlling shareholder of the company；The number of company shares indirectly held by Yichang State-owned Assets Supervision and Administration Commission remains unchanged，Still the actual controller of the company。