JHT plans to raise no more than 500 million yuan through a private placement to controlling shareholders and others
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JHT plans to issue A shares to its controlling shareholder and no more than 35 specific investors, raising a total of no more than 500 million yuan. The raised funds will be used for projects such as the passenger cableway at the Lion Peak Scenic Area in Jiuhua Mountain, the renovation of the Julong Grand Hotel, the upgrade of guest rooms in the North Building of the Central Grand Hotel, and the enhancement of transportation equipment
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