SXLY plans to jointly acquire equity in the affiliated company Peak Double Gorge
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
According to the Zhitong Finance APP, Three Gorges Tourism (002627.SZ) announced that recently, the company formed a consortium with Chongqing Wushan Cultural Tourism Group Co., Ltd. (hereinafter referred to as "Wushan Cultural Tourism") to acquire 35% equity of Chongqing Peak Double Gorge Tourism Co., Ltd. (hereinafter referred to as "Peak Double Gorge Company") held by Wanzhou Qiyun through a public bidding process (hereinafter referred to as "this transaction"). The total acquisition price is 4.11572 million yuan, of which the company acquires 5% equity for a price of 587,960 yuan; Wushan Cultural Tourism acquires 30% equity for a price of 3.52776 million yuan. After the completion of this transaction, the shareholder structure and equity ratio of Peak Double Gorge Company will change to: Three Gorges Tourism 40%, Wushan Cultural Tourism 30%, Chijia Cultural Tourism 30%.
Through this transaction, the company will further increase its shareholder equity in Peak Double Gorge Company. At the same time, Wushan Cultural Tourism will become a shareholder of Peak Double Gorge Company through the equity acquisition, which will effectively promote the coordinated development of tourism resources in Wushan and Fengjie, and accelerate the operation of Peak Double Gorge products
