July 18，Haicheng Group issued an announcement，Resolution of the third meeting of the company’s fourth board of directors，Deliberation and approval of the "Proposal on the Dissolution of the Cultural 188bet game Division and Adjustment of Related Functions"，Agree to cancel the Cultural 188bet game Division，Develop cultural 188bet game, conference and exhibition and other related businesses、Operation management functions are adjusted to the Passenger Transport Division。

As understood，Haicheng Group’s main business includes automobile passenger transportation、Development and operation of bus terminals、Comprehensive automobile services, transportation and 188bet game services。Data display，Haicheng Group achieves operating income of 7 in 2021.3.2 billion yuan，16 year-on-year increase.37%；Net profit loss attributable to shareholders of listed companies 7178.600,000 yuan。

May this year，The group also issued an announcement saying，Hainan Haiqi Transportation Group Co., Ltd. is planning a major asset restructuring matter。The company plans to issue shares and pay cash to purchase part or all of the equity of Hainan 188bet game Investment Duty Free Products Co., Ltd. held by Hainan 188bet game Investment Development Co., Ltd.，And issue shares to specific qualified investors to raise supporting funds。Among them，Hainan 188bet game Investment holds 100% equity of Hainan 188bet game Duty Free，Established on July 21, 2020。Hailv Duty Free is mainly engaged in duty-free business on outlying islands and daily consumer goods，Currently tax-free on outlying islands、Cross-border e-commerce、The layout of the three major commercial sectors of islanders’ duty-free。