Benefit news，Evening of October 21, 2016，Tibet 188bet Live Casino Co., Ltd. (hereinafter referred to as "Tibet 188bet Live Casino"，Stock code 600749) released the third quarter financial report of 2016。Financial report display，Tibet 188bet Live Casino operating income in the third quarter of 2016 6530.400,000 yuan，7992 compared with the same period last year.070,000 yuan decreased by 18%。

Performance in the first three quarters

Tibet 188bet Live Casino’s operating income in the first three quarters was 1.1.4 billion yuan，1 compared with the same period last year.2.4 billion yuan down 7.81%。Net profit attributable to shareholders of listed companies is -2620.750,000 yuan，This data for the same period last year was -3271.150,000 yuan。The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses is -2972.390,000 yuan，This data for the same period last year was -3865.400,000 yuan。Basic earnings per share is -0.14 yuan，Basic earnings per share for the same period last year was -0.17 yuan。

As of the end of this reporting period，The company’s total assets are 13.7.8 billion 188bet Live Casino，Compared with 18 in early January.5.3 billion 188bet Live Casino decreased by 25.64%。The net assets attributable to shareholders of listed companies are 6.0.9 billion 188bet Live Casino，Compared with 6 in early January.3.5 billion 188bet Live Casino down 4.13%。

Analysis of reasons for performance decline

2016，The company launched an in-depth tour on a trial basis、Personalized travel products，Strengthen marketing efforts、Explore the construction of smart 188bet Live Casino platform，And work hard to improve the company's operating conditions，But due to the influence of a series of objective factors，Part of the business plan has not yet been fully realized:

1、Natural disasters and other events and special policies such as "two limits and one warning" continue to have an impact on the company's normal operations，As a result, the company still faces greater challenges in achieving comprehensive restorative growth，And this impact is expected to exist for a long time；

2、After the introduction of relevant standards for vehicles suitable for plateaus in the Tibet Autonomous Region，Existing vehicles in the scenic area that do not meet the plateau operation standards will be forced to be taken off the production line and scrapped in advance，Need to replace with a new car that meets the standards。Increase in depreciation for new cars、Offline vehicles cannot be put into operation again..Use leads to increased loss of company assets，The control 188bet Live Casino company’s operating costs will have a significant negative impact，It is expected that the asset losses accrued this year will increase significantly；

3、 The company announced on February 6, 2016 its major asset restructuring plan to acquire Lakala Payment Co., Ltd.，later announced the termination of this reorganization on June 24, 2016，Making it difficult for the company to successfully transform，It is difficult for the company’s business to achieve rapid breakthroughs。At the same time，This major asset reorganization that was terminated，A large amount of assessment fees have been incurred、Audit fee、Attorney fees、Independent financial advisory fees and other intermediary fees related to restructuring，Due to the high valuation 188bet Live Casino merger and acquisition target (11 billion)，The expenditure of this part 188bet Live Casino expenses will have a greater negative impact on the company's profits。

The continuation of natural disasters and policy impacts、Increased costs caused by replacing plateau-friendly vehicles，all had a greater impact on the revenue 188bet Live Casino company’s various business segments during the reporting period，It is expected that the cumulative net profit from the beginning 188bet Live Casino year to the end 188bet Live Casino next reporting period may be negative，And the net profit after deducting non-recurring gains and losses may show a significant increase or loss compared with 2015。

[Extra number]Hosted by 188bet Live Casino"2016 China 188bet Live Casino Consumption Annual Summit and Awards Ceremony"Will be held in Beijing on December 14-15。Annual event of 188bet Live Casino industry，Zhihui sincerely invites your participation、Witness。For details and registration, please click the link:I want to register！