SXLY plans to jointly acquire equity in the affiliated company Peak Double Gorge
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Three Gorges Tourism and Chongqing Wushan Cultural Tourism Group formed a consortium to acquire 35% equity of Chongqing Peak Shuangxia Tourism Co., Ltd. through a public bidding process, with a total acquisition price of 4.11572 million yuan. Three Gorges Tourism acquired 5% equity, while Wushan Cultural Tourism acquired 30% equity. After the transaction is completed, the shareholder structure of Peak Shuangxia Company will change to: Three Gorges Tourism 40%, Wushan Cultural Tourism 30%, and Chijia Cultural Tourism 30%. This move will promote the coordinated development of tourism resources in Wushan and Fengjie
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