Recently，Shanghai Tianxiang OCT Investment Co., Ltd., a subsidiary of OCT, is listed for transfer 188bet online sports betting to Shanghai Pengkun Real Estate Co., Ltd. (referred to as “Shanghai Pengkun Real Estate”) 50% equity，Transfer base price 4.8.6 billion yuan。Announcement period is November 11th to December 8th。

As understood，Shanghai Pengkun Real Estate was established on September 9, 2020，The legal representative is Chen Yungen，The registered 188bet app capital is 3.600 million yuan，The business scope is real estate development and operation，100% held by Shanghai Tianxiang OCT Investment Co., Ltd.。(CCTV)