Evening of October 21, 2016，Beijing Jingxi Cultural 188bet online casino games Co., Ltd. (stock code 000802，hereinafter referred to as "Beijing Culture") released its third quarter financial report。Announcement display，Beijing Culture achieved operating income in the third quarter 1.0 billion yuan，1% year-on-year growth；Achieve net profit attributable to shareholders of listed companies 418.640,000 yuan，Increase by 1 compared with the same period last year.1.8 billion yuan，1369 year-on-year increase.19%；Basic earnings per share is 0.0068 yuan，871 year-on-year increase.43%。

According to public information，Beijing Jingxi Cultural 188bet online casino games Co., Ltd. was formerly known as Beijing Jingxi Scenery 188bet online casino games Development Co., Ltd.，is exclusively initiated by the former Beijing Jingxi Economic Development Company，Company established by raising funds，Established on November 18, 1997，Listed on the Shenzhen Stock Exchange on January 8, 1998，Stock abbreviation Beijing Culture，Stock code 000802，Issue price 4.72 yuan。As of the close of October 22, 2016，Beijing Culture stock price 20 per share.95 yuan，Total market value 151.6.7 billion yuan。

188bet online casino games’s 2016 Q3 financial report pointed out:

1、During this reporting period，Completed the merger of the film and television 188bet online casino games sector and the disposal of some assets，Operating revenue increased by approximately 7% compared with the same period last year,0.54 million yuan。

2、The company introduced many film and television talents after transforming into the film and television industry、Senior variety show 188bet online casino games talents，Human resources expenses increased year-on-year during the reporting period；At the same time, it was put into use due to fundraising projects，Amortization expenses increased year-on-year during the reporting period，Making operating costs、Operating expenses and administrative expenses increased by 5% compared with the same period last year,9.8 million yuan，Net profit attributable to the parent company increased compared with the same period last year。

Beijing Culture is the first comprehensive listed company in Beijing with local 188bet online casino games as its leading industry，The main business was originally two major sectors: 188bet online casino games and film and television culture。With Tanzhe Temple operated by Beijing Culture、The operating rights of Jietai Temple and many other scenic spots have expired，Beijing Mentougou District 188bet online casino games Committee will take back Tanzhe Temple、Operation and management rights of Jietai Temple and two temples。Beijing culture gradually shifted its focus to film and television culture，Initiated the acquisition of Beijing Ferris Wheel Culture Media in 2013, Further launch of acquisition of Century Partners in 2014、Two film and television companies in Zhejiang Galaxy。Since 2015，Beijing Culture began to actively promote the company’s strategic transformation into the film and television culture industry。First half of 2016，The main business of Beijing Culture has gradually transformed from the original 188bet online casino games business to covering movies、TV series、Artist Agent、Variety show、Full industry chain cultural media group of new media and 188bet online casino games cultural real estate。

Announcement Disclosure，September 30, 2016，188bet online casino games has decided to change some of the investment projects with raised funds，The 2011 non-public issuance fund-raising project originally used for the "Baihua Super 8 Hotel Renovation and Expansion Project" 8,0.8 million yuan、The funds raised from the 2014 non-public issuance originally used to "increase the capital of the wholly-owned subsidiary Aimei Investment"30,0 million yuan，Changed for use in film and television cultural projects。

Beijing Culture plans to sign the "About Tan" with the Beijing Mentougou District 188bet online casino games Development Committee (hereinafter referred to as the "District 188bet online casino games Committee")、Agreement on matters related to the delisting of Jie Liang Temple and its supplementary agreement。《About Tan、Agreement on Matters Related to the Delisting of Jie Liang Temple” The main contents are as follows:

(1) Mentougou District 188bet online casino games Committee takes back Tanzhe Temple、Operation and management rights of Jietai Temple and two temples，And established Tanjie Scenic Area Management Center，A subsidiary unit of Mentougou District 188bet online casino games Development Service Center，Specific responsibility、Daily management work of Jie Scenic Area。

(2) In accordance with the principle of respecting history and reality，For the protection pool、The continuity of scenic area management and the stability of the workforce，Period from July 1, 2016 to May 31, 2019，Our company assists the Tanjie Scenic Area Management Center in the 188bet online casino games。

(3) Starting from June 1, 2019，tan、Jie Scenic Area is independently managed by the District 188bet online casino games Committee。

《<About Tan、188bet online casino games related to the delisting of Jie Liang Temple’s Supplementary Agreement are as follows:

(1) Tan、Jie Scenic Area Transitional Management Period (2016.7.1—2019.5.31），Tanjie Scenic Area Management Center is under the management responsibility of the government，Our company assists the Tanjie Scenic Area Management Center in the restoration of 188bet online casino games relics、Old tree maintenance、Security、Fire and flood prevention、Daily management work such as safety production。

(2) Tan、Jie Scenic Area Transitional Management Period (2016.7.1—2019.5.31）,Implement financial statement management，The income entity remains unchanged。Tickets for both temples、Comprehensive income from 188bet online casino games products and other products should be mainly used for the salary of scenic area personnel、Cultural Relics Repair、Old tree maintenance、Security、Daily expenses such as fire and flood prevention，On the basis of ensuring daily expenses，The surplus income during the transition period belongs to Party B。

(3) From June 1, 2019，The assets of the two temples are handed over to the District 188bet online casino games Committee，Operated and managed independently by the District 188bet online casino games Committee；The 188bet online casino games facilities independently invested by Beijing Culture outside the Liangsi Temple are based on the mutually agreed appraisal price determined by an asset appraisal agency with securities qualifications recognized by both parties，The assets will be audited and repurchased by the agency designated by the District 188bet online casino games Committee with reference to fair market prices。

(4) This agreement shall commence from the date of signing，The District 188bet online casino games Committee and Beijing Culture are involved in all relevant agreements signed by the two parties, including the "Contracting and Operating Contract" signed in 1997, the Supplementary Agreement to the "Contracting and Operating Contract" signed in 1998, and the "Letter of Commitment" signed in 2010. pool、All relevant terms of Jie Liang Temple are terminated。

188bet online casino games cultural expression:

1、According to the 188bet online casino games，Does not have a significant impact on the company’s operations and finance。

2、In order to safeguard the legitimate interests of shareholders and the company，The company will "About Signing<About Tan、188bet online casino games related to the delisting of Jie Liang TempleSupplementary Agreement" proposal was submitted to the 2016 Fourth Extraordinary Shareholders Meeting for review and approval。

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