March 11，Xi’an 188bet app Co., Ltd. Announcement and Disclosure，The matter of issuance of A shares to specific objects has been approved by the Xi'an Qujiang New District Management Committee。According to announcement，Xi’an 188bet app plans to issue A shares to specific targets，The maximum number of shares issued will reach 71.02 million shares。It is expected that the total amount of funds raised in this issuance will not exceed 600 million yuan，The funds will be mainly used for the expansion of directly operated hotels、Supplement working capital and repay loans。This issuance still needs to be reviewed by the company’s shareholders’ meeting，Subject to review by Shenzhen Stock Exchange and approval by China Securities Regulatory Commission。