Nanjing Business Travel Announcement on May 24aftershockarcade, the company is planning to purchase 100% equity of Nanjing Huangpu Hotel Co., Ltd. held by Nanjing Tourism Group Co., Ltd. and 49% equity of Nanjing Nanshang Commercial Operation and Management Co., Ltd. held by Nanjing Shangsha Co., Ltd. by issuing shares and paying cash., and raise matching funds. After the completion of this transaction, Huangpu Hotel and Nanshang Operation will become wholly-owned subsidiaries of the company.
The company's shares will be suspended from May 27, 2024, and the suspension period is expected to not exceed 10 trading days.
(Article source: Interface News)