--- title: "Jiangsu TIANMU LAKE TOURISM CO., LTD. plans to terminate the capital increase for its affiliated company" type: "News" locale: "en" url: "https://longbridge.com/en/news/257696326.md" description: "Jiangsu Tianmu Lake Tourism Co., Ltd. announced that its affiliated company, Jiangsu Tianmu Lake Animal Kingdom Tourism Co., Ltd., has decided to terminate the cultural tourism complex project and plans to terminate the capital increase of 179.82 million yuan. This capital increase plan was approved on August 8, 2024, but has now been simultaneously terminated. This matter requires approval from the shareholders' meeting and is expected not to cause significant losses to the company, nor will it have a significant adverse impact on the existing business and financial status. The company will handle the preliminary investment and contract matters and reminds investors to pay attention to risks" datetime: "2025-09-17T09:51:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/257696326.md) - [en](https://longbridge.com/en/news/257696326.md) - [zh-HK](https://longbridge.com/zh-HK/news/257696326.md) --- # Jiangsu TIANMU LAKE TOURISM CO., LTD. plans to terminate the capital increase for its affiliated company On September 18, 2025, Jiangsu TIANMU LAKE TOURISM CO., LTD. announced that its affiliated company, Jiangsu TIANMU LAKE ANIMAL KINGDOM TOURISM CO., LTD., decided to terminate the TIANMU LAKE ANIMAL KINGDOM cultural tourism complex project, and the capital increase plan approved on August 8, 2024, is also terminated simultaneously. TIANMU LAKE TOURISM plans to terminate the capital increase of 179.82 million yuan to the affiliated company, with the cumulative investment remaining at 19.98 million yuan. This matter has been reviewed and approved by the 15th meeting of the 6th Board of Directors and still requires approval from the shareholders' meeting. This termination of the capital increase will not cause significant losses to the company and will not have a significant adverse impact on the existing business and financial status. The company will negotiate to handle the placement of prior investments and subsequent contract matters and will fulfill its information disclosure obligations, reminding investors to pay attention to risks ### Related Stocks - [603136.CN](https://longbridge.com/en/quote/603136.CN.md) ## Related News & Research - [Flow Pharma U.S. Patent Application Allowed for Issuance Covering Broad-Spectrum Ebola Therapy](https://longbridge.com/en/news/287076761.md) - [It will take 4 months for Hormuz flows to recover to 80% of prewar levels, says RBC's Helima Croft](https://longbridge.com/en/news/287107826.md) - [Jeff Bezos Says SpaceX IPO Could Help Entire Sector: 'Space Is Going To Be A Gigantic Industry'](https://longbridge.com/en/news/287092627.md) - [The 'Elon Musk Effect' Could Send SpaceX Stock Into Wild Swings After IPO Even If Starlink Makes 'Billions' In Profit, Warns Expert](https://longbridge.com/en/news/286923494.md) - [UTG Chairman and CEO Jesse T. Correll buys 4,850 shares for $266,556.00](https://longbridge.com/en/news/287109106.md)