March 16，Zhongxin Travel announced，As of March 15, 2022，The company has reduced its cumulative number of repurchased shares through centralized bidding to 5.5 million shares，Accounting for 9 of the company’s latest total share capital.0.6 billion shares.6068%，The total amount of funds obtained from the reduction is 4135.130,000 yuan (before transaction fees are deducted)，The highest price for reduction is 8.63 yuan/share，30 yuan/share.30 yuan/share，The average price of reduction is 7.52 yuan/share，The original 188bet online sports betting average repurchase price is 5.13 yuan/share。

Announcement display，The company held the 29th meeting of the fourth board of directors on February 4, 2020，Deliberated and approved the "About<Zhongxin Tourism Group Co., Ltd.’s plan to repurchase the company’s shares>’s motion》，The company plans to use its own funds to repurchase some public shares of the company's A shares through centralized bidding transactions through the Shenzhen Stock Exchange stock trading system，Necessary to safeguard the company's value and shareholders' rights and interests in accordance with the law。The total amount of funds for this repurchase shall not be less than RMB 100 million (inclusive)，Not exceeding RMB 200 million (inclusive)，The repurchase price shall not exceed RMB 6.5 yuan/share，The repurchase period is within 3 months from the date the board of directors considers and approves the repurchase plan。From February 5 to March 23, 2020, the company repurchased a total of 2,200 shares through a dedicated securities account through centralized bidding 188bet app transactions.880,000 shares，Accounting for 9 of the company’s latest total share capital.0.6 billion shares of 2.4283%。

August 25, 2021，The 41st meeting of the company’s fourth board of directors and the 30th meeting of the fourth board of supervisors reviewed and approved the “Proposal on Reducing the Company’s Repurchased Shares”，The company plans to within six months from the date of disclosure of the shareholding reduction plan announcement，Reduce the company’s repurchased shares through centralized bidding，The number of shares to be reduced shall not exceed 1812.660,000 shares，That is, not exceeding 2% of the company’s total share capital。Until March 15, 2022，The implementation period of this share repurchase and reduction plan has expired，This shareholding reduction plan has been implemented。

Announcement，This share repurchase and reduction is intended to meet the company’s financial needs for business development and safeguard the company’s value and shareholders’ rights。As of the disclosure date of this announcement，The company’s special securities account for repurchase holds 1650 company shares.880,000 shares，Accounting for 9 of the company’s latest total share capital.0.6 billion shares of 1.8215%。