Shiji information[1.84% Fund Research Report]Today’s Announcement，With Cao Guoxing, the three natural person shareholders of Beijing Changjing Yikang Information Technology Co., Ltd. (Changyi Technology)、Song Qing、Zhou Zhigang and others signed the equity transfer framework agreement，Proposed bid 6.300 million yuan to acquire 100% equity of Changyi Technology。

According to agreement，As of the end of 2015，Changyi Technology’s net assets must reach 85 million yuan。Both parties also confirmed，Using 13 times the net profit of 42 million yuan that Changyi Technology needs to achieve 188bet Online Sports Betting and Casino in 2016 as the valuation model，Price 6.300 million yuan。

Data display，Changyi Technology was established in 2004，Registered capital 18 million yuan，is a global company focusing on comprehensive solutions and services for information technology in the distribution and retail industry，Leading the market in China。Financial data display，As of October this year，Changyi Technology’s net assets have reached 9803.980,000 yuan。

Shiji information display，Changyi Technology acquired this time，will cooperate with Shenzhen Wanguosixun Software Co., Ltd., which the company has previously invested or held shares、Kechuan Computer Technology Holdings Co., Ltd. and eFuture Information Technology Inc.(Fuji Rongtong) and other integration，Provide domestic retail industry from low-end to high-end，Full-covering information system solutions from individual convenience stores to large chains。

After completion of this acquisition，The company will basically establish 188bet app its leading position in the domestic retail information system market，And is expected to copy the successful experience in the hotel information system industry to the retail industry、Accelerate the establishment of a data-driven big consumption platform that includes the entire consumption chain including food, drink, entertainment, housing and purchasing，Thus accelerating the company’s transformation from a software service provider to a platform operator。