Sino-Singapore Jingwei, June 1st (Fu Jianqing) In early trading on June 1st, the lottery concept led the rise in the two cities, and many stocks rose by the daily limit.

As of noon, Guangdong Media, China Sports Industry, Tianyin Holdings, You'a Shares, Hongbo Shares, and Annie Shares had the daily limit, while Xinbeiyang and Jinling Sports were among the top gainers.

What's going on here?

Sports Lottery "Paipai Le"

video launches the lottery

  On May 31, the WeChat public account "Hainan Sports Lottery Video Instant Lottery" suddenly updated its service page, showing that the first video electronic instant game lottery issued by China Sports Lottery was listed, including Great Wall Jigsaw, Hainan Treasures, Football Three Guess and Horse Racing Four. game.

Source: public account

  Judging from the official certification of the official account, the certification body is the Hainan Provincial Sports Lottery Management Center, and the certification type is an institution, that is to say, the project is an official certification project.

Source: public account

  Sino-Singapore Jingwei query found that after the user's mobile phone registration, Paipai now has functions such as cash withdrawal, transaction details query, and award record query.

Source: official account H5 applet

  However, from the point of view of sales outlets, currently there are only Paipai sales halls in Haikou and Sanya.

Source: public account

There are listed companies or direct beneficiaries

  In 2015, due to the rapid development of Internet lottery, the entire industry has hidden dangers. Eight departments of the Ministry of Finance jointly issued the "Announcement on Prohibiting the Unauthorized Use of the Internet to Sell Lottery Tickets" to stop the unauthorized use of the Internet to sell lottery tickets and severely investigate and punish illegal Internet lottery tickets.

  Since strict supervision, many companies involved in the lottery concept have shown a "downhill" as a whole.

Pure lottery concept stocks such as YouA shares and Hongbo shares have been discounted by 20% from the high point of the year.

  In the 2021 annual report, Hongbo Co., Ltd. bluntly stated that the lottery industry is a strictly regulated industry by the state, and the industry chain mainly includes color research and development, lottery printing, terminal equipment, lottery sales and other links.

As lottery sales grow, the regulation of the lottery industry will become increasingly important and stricter.

The competent authorities continue to strictly prohibit the unauthorized use of Internet lottery sales.

At the same time, the "responsible lottery" will receive more and more attention from national authorities.

The promulgation of relevant laws and regulations will further standardize the responsibilities of stakeholders in the lottery industry, promote the compliant operation and scientific supervision of the lottery industry, and thus promote the healthy development of the lottery industry.

  The launch of the video electronic instant game lottery has ignited the enthusiasm for the overall lottery concept, and more listed companies have directly participated in the work of the above lottery.

  Sino-Singapore Jingwei found that Jinling Sports announced as early as October 2019 that the company and Beijing Side Tech Development Co., Ltd. formed a consortium to participate in the "Hainan Province Sports Entertainment Video Electronic Instant Lottery System Game Development, Game Operation and Terminal Services Project (Secondary)" public bidding.

On August 14, 2019, the consortium received the "Notice of Winning the Bid" confirmed by the Hainan Provincial Public Resources Trading Service Center.

Source: Announcement

  Recently, the record form of investor relations activities disclosed by Jinling Sports shows that some investors have asked, when will the company's sports entertainment video electronic instant lottery system in Hainan be put into use?

Jinling Sports said that it needs to wait for the review of relevant departments to put it into use, so please pay attention to the company's announcement.

  According to public information, Jinling Sports is a high-end sports equipment manufacturing enterprise listed on the A-share market. It focuses on the R&D and manufacturing of sports equipment and the integration of sports resources, with sports equipment, stadium construction, national fitness, and event security as its core businesses.

  In terms of performance, Jinling Sports showed a state of "increase in revenue and decrease in profit". The company's revenue in 2021 was 547 million yuan, a year-on-year increase of 21.87%; its net profit was 26.0381 million yuan, a year-on-year decrease of 13.45%.

In the first quarter of 20222, the company's revenue increased by 28.62% year-on-year, and net profit decreased by 23.02% year-on-year.

(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)

All rights reserved by Sino-Singapore Jingwei. Without written authorization, no unit or individual may reproduce, extract or use in other ways.

Keywords: