June 13，ST Hainan Airlines announced，The company’s board of directors received the letter from Mr. Wang Yingming, chairman 188bet, on June 13, 2022、Written resignation report submitted by Director Mr. Wang Yequan。Due to work adjustment，Mr. Wang Yingming applied to resign as the legal representative 188bet、Chairman、Related positions of directors and special committees under the board of directors，Mr. Wang Yequan applied to resign as director 188bet。According to relevant laws and regulations and the relevant provisions of the "Articles of Association"，Mr. Wang Yingming、The resignation of Mr. Wang Yequan will not cause the number of board members 188bet to fall below the legal minimum，Does not affect the normal operation 188bet’s board of directors，The above resignation report will take effect from the date it is delivered to the company’s board of directors。Mr. Wang Yingming、Mr. Wang Yequan will not hold any other positions in the company or its holding subsidiaries after his resignation。

Same day，The 28th meeting 188bet’s ninth board of directors was held by communication，The meeting reviewed and approved a motion called "Proposal on Electing Mr. Cheng Yong as Chairman and Legal Representative 188bet": The company's board of directors agreed to elect Mr. Cheng Yong as the chairman 188bet、Legal representative position，The term is consistent with the term of its director，Effective from the date of approval by the board of directors。

As understood，Cheng Yong was appointed as member 188bet Standing Committee 188bet Party Committee and General Manager of Beijing Branch of China Southern Airlines Co., Ltd. in April 2010、Deputy Secretary 188bet Party Committee。Served as deputy general manager of China Southern Airlines Co., Ltd. since August 2018。China Southern Airlines issued an announcement on May 17th，The board of directors agrees that Cheng Yong will no longer serve as the company’s deputy general manager due to his retirement。

It is reported，From December 8, 2021，The actual control rights 188bet operation and management 188bet main aviation business enterprise are officially transferred to the strategic investor Liaoning Fangda Group Industrial Co., Ltd.，And ensure aviation safety，Realize the healthy development 188bet main aviation industry。Since the court’s final ruling on October 31st，Since HNA Group’s bankruptcy and reorganization made key progress，to date，Delivery of aviation main business segment，The implementation 188bet reorganization plan is progressing smoothly，HNA Group’s risk mitigation work has made substantial progress。Approved，Comrade Gu Gang will no longer serve as Secretary 188bet Party Committee of HNA Group。