Zhihui evening news on March 24，188bet Live Casino Co., Ltd. (stock code 600621) (hereinafter referred to as "188bet Live Casino") released its 2015 annual report。Report data display，2015，188bet Live Casino’ total revenue is 352.2.5 billion yuan，Decrease by 2 year-on-year.27%；Among them air passenger revenue 320.6.7 billion yuan，Accounting for 96% of main business income.95%；Cargo, postage and excess baggage revenue 9.7.1 billion yuan，Accounting for 2 of the main business income.93%。Net profit attributable to shareholders of listed companies achieved throughout the year 30.0.3 billion yuan，15 year-on-year increase.88%。

Main data

• 2015，188bet Live Casino achieves passenger transport volume of 3,8.6 million people，8 year-on-year increase.43%；The company’s average passenger load factor is 88.19%，YoY growth 1.39 percentage points。

• 2015，The company has introduced a total of 39 aircraft，Exit 6 aircraft。As of December 31, 2015，The company operates a total of 202 aircraft。

• During the reporting period，The company completed operating income of 35,225,439 thousand 188bet Live Casino，Year-on-year decrease of 2.27%，Mainly due to the company’s income from the disposal of Guorui City in the same period last year 15.Caused by 1.2 billion 188bet Live Casino。The company completed transportation revenue 33,077,255 thousand 188bet Live Casino，YoY growth 2.04%，Mainly due to the expansion of the company’s fleet in 2015 and strong industry demand。

• It is worth mentioning，During the reporting period，Company sales expenses incurred 1,987,205 thousand 188bet Live Casino，YoY decrease 8.26%，Mainly due to the decrease in ticket agency fees；Company administrative expenses incurred 840,590 thousand yuan，YoY growth 9.42%，Mainly due to the increase in 188bet Live Casino personnel’s salaries and taxes；Company financial expenses incurred 4,644,615 thousand yuan，36 year-on-year increase.56%，Mainly caused by the increase in exchange losses。

According to public information，188bet Live Casino Co., Ltd. was established on October 18, 1989，Listed on the Shanghai Stock Exchange on November 25, 1999，Stock abbreviation 188bet Live Casino，Stock code 600621，Issue price 4.60 yuan，The controlling shareholder is Grand China Airlines Co., Ltd.，Shareholding ratio 35.34%，The actual controller is Hainan Development Holding Co., Ltd.。

Today，After 27 years of development，188bet Live Casino has grown into the only SKYTRAX five-star airline in mainland China。188bet Live Casino and its holding subsidiaries have more than 700 domestic and international air routes，Domestic routes involve Hainan、North China、Northeast、Northwest、Zhongnan、Southwest、31 provinces (municipalities) including East China and Taiwan；International routes mainly take Asia、Europe、Mainly America，Currently, more than 40 routes have been opened in the international market，Involving 19 overseas cities and 2 cities in Taipei and Macau。

188bet Live Casino’ core competitiveness

188bet Live Casino started in Hainan Province, China’s largest special economic zone and the only international tourist island, Hainan Island，Has a young luxury fleet mainly composed of Boeing series，Is one of the fastest growing and most dynamic airlines in China，Committed to providing passengers with comprehensive and seamless aviation services。188bet Live Casino’ core competitiveness is mainly reflected in the following points:

1. Fine 188bet Live Casino and professional operation.188bet Live Casino combines traditional Chinese management concepts with advanced Western management technology，Established a team composed of many senior operation control experts、A high-quality and excellent management team composed of marketing talents and industry management elites，Established an internal purchase and sales system for Amoeba，Realize refined management and control；Decompose the company's overall operating costs，Innovatively combines "budget centralization" with "internal purchasing and selling"，Defining Revenue Cost Responsibilities，Establishing an amoeba accounting system。

2. A highly influential safety 188bet Live Casino brand.As of the end of 2015，188bet Live Casino has accumulated more than 5 million safe flight hours，Excellent record of safe operation for 22 years，Won the Civil Aviation Administration of China’s “Five-Star Safe Flight Award”。188bet Live Casino has reshaped the safety management organizational structure，Passed E-IOSA audit with “zero non-conformities”；Join IATA global GDDB database，Sharing global aviation ground safety information，Participate in ATA Operation Specification Meeting、Flight Safety Foundation Global Aviation Safety Summit、FAA U.S. Aviation Safety Information Sharing Conference，Participate in international civil aviation safety management exchanges and research，Make the company’s safety management brand more influential。

3. A very well-known service brand.188bet Live Casino’ brand awareness and reputation at home and abroad have been greatly improved，Brand value continues to increase；Won the "User Satisfaction Quality Award" for ten consecutive years；Won the SKYTRAX five-star airline honor for five consecutive times；Won the 2015 WTA “World’s Best Business Class” award、"World's Best Cabin Service Award"、“Best Business Class in Asia”、"Asia Excellence in Cabin Service Award"、Five awards for "Asia's Best Business Class Cabin Crew Award"；In the internationally renowned business travel magazine "Global Traveler"、Won the "Best Airline in China" award in the "Premier Traveler" selection。

4. Accelerated internationalization process.2015，188bet Live Casino launches new service from Chongqing to Rome、Beijing to San Jose/Birmingham/Prague、Shanghai to Seattle/Boston、A total of 8 intercontinental routes from Xi’an to Rome/Sydney，The sailing from Xi’an to Rome was included in the national “Belt and Road” construction audio and video documentary archives。188bet Live Casino has also become the first domestic airline to operate Beijing simultaneously、Airline airlines flying from two hubs in Shanghai to the United States。

5. A national enterprise that bravely assumes social responsibility.188bet Live Casino continues to improve its operating capabilities，Also actively practices corporate social responsibility。Continue to expand and innovate ways to participate in public welfare，Focusing on “Children’s Social Responsibility” and “Green Aviation”，Promoting Change for Good in-flight fundraising、The implementation of the "Shanyi" points exchange for charity and the "Green Tour" project；Won the Global Compact China Network’s “Top Ten Green Actions of Chinese Enterprises”、Mingshan Charity List "Best Charity Practices of the Year by Listed Companies"、“2015 China Outstanding Corporate Citizen” and other awards，Widely recognized by society。

6. The location advantage of being located on an 188bet Live Casino tourist island.188bet Live Casino has a clear competitive advantage in the Hainan regional aviation market。Construction of Hainan International Tourism Island、Sansha City Construction and Development、The continuously relaxed tax-free system for outlying islands has played a certain role in promoting the tourism economy of Hainan Island，It also brings opportunities to the development of Hainan Island’s air transportation industry。

188bet Live Casino’ future development strategy

In order to adapt to the future development trend of rapid growth of the civil aviation industry，188bet Live Casino has formulated a policy to “comprehensively enhance the company’s comprehensive competitive strength，Building a core business platform for the aviation industry，Building intelligence intensive、Leading technology、Excellent management、The overall strategy of becoming a world-class aviation enterprise with strong financial resources and international competitiveness，Strive to build global multi-base operations，Scale、Operational capabilities、Service quality、An airline with the highest safety operation level in the world。

1. Hub network strategy

Continue to promote the "hub network operation" strategy，Based on the two core hubs of 188bet Live Casino and Beijing，Building Xi’an、Taiyuan、Guangzhou、Shenzhen、Urumqi、Fuzhou and other regional hubs，Continuous optimization of route network，In Haikou、Sanya、Beijing and other core markets maintain strong influence，Enhance Shanghai、Guangzhou、Shenzhen、Competitiveness of Chongqing and other markets。

2. Amoeba 188bet Live Casino strategy

Use advanced amoeba management strategies，Divide 188bet Live Casino into 21 amoeba units，Establishing an internal purchase and sales system for Amoeba，Realize refined management and control；Decompose the company's overall operating costs，Innovatively combines "budget centralization" with "internal purchasing and selling"，Defining revenue and cost responsibilities and establishing an amoeba accounting system。Each unit takes voluntary measures to increase income、Measures such as controlling costs and improving resource usage efficiency，Initially realizing the transition from management to operation。

3. Product innovation strategy

Content on upstream and downstream aviation products、Innovate in operation and marketing model，Provide various types of more excellent products and service quality in a targeted manner，Establish a complete product/service 188bet Live Casino system。By improving cabin layout selection，Improve the quality of core software and hardware products for wide-body machines；Upgrade A-class products，Introducing VIP privilege upgrade、Multiple class upgrade coupons and other supporting products，Achieve accurate mining of high-end customer sources。

4. Information 188bet Live Casino strategy

188bet Live Casino will continue to focus on information、Guarantee、Manage and control the three major information system networks，Building a marketing service line、Safe operation product line、Information system of major business systems such as enterprise resource management line。