TIK and Zhanglv Group have reached a strategic framework cooperation
On January 9th, Hunan TIK Co., Ltd. signed a "Strategic Cooperation Framework Agreement" with Zhangjiajie Tourism Group Co., Ltd. Both parties reached a cooperation intention to promote resource integration and sharing, and strategic development complementarity, in order to achieve leapfrog development for the two listed companies, successfully establishing a strategic partnership. Both sides will jointly leverage the platform advantages of the listed companies, and opportunistically promote the acquisition and equity participation in cultural tourism scenic spots and enterprises in Zhangjiajie City through means such as mergers and acquisitions, restructuring, and fund investment cultivation, jointly investing in the development of other high-quality cultural tourism resources and products within Zhangjiajie City, expanding the tourism product industry chain, enhancing comprehensive competitiveness, and achieving a win-win situation for both parties. In addition, Zhangjiajie Tourism Group is currently in the pre-restructuring phase. According to the agreement, TIK intends to actively participate in and support the restructuring investment of Zhangjiajie Tourism Group to achieve mutual benefits and win-win results
