Chengdu New Tianfu Culture Tourism Development Co.,Ltd. (000558.SZ) Plans to Acquire 34.3% Stake in Bipenggou Company to Enhance Industrial Layout

Stock News11-24

Chengdu New Tianfu Culture Tourism Development Co.,Ltd. (000558.SZ) announced its intention to use self-owned funds to purchase a 34.30% stake in Lixian Bipenggou Tourism Development Co., Ltd. (referred to as "Bipenggou Company"). The acquisition excludes revenue related to scenic area tickets.

According to the announcement, Bipenggou Company primarily operates businesses within the Bipenggou Scenic Area, providing tourism support services such as transportation (including sightseeing buses and electric vehicles), hotel catering, and winter snow entertainment projects.

Located in Suoluo Valley, Putou Township, Lixian County, Aba Tibetan and Qiang Autonomous Prefecture, Sichuan Province, Bipenggou Scenic Area is a large-scale ecotourism destination integrating pristine landscapes, mountain trekking, polar exploration, skiing, ice skating, and leisure vacations.

The company stated that signing the "Equity Transaction Intent Agreement" aligns with its development strategy, aiming to consolidate and enhance its market position while improving its industrial layout. The move is expected to expand business scale, strengthen comprehensive competitiveness, build a leisure vacation destination matrix, and optimize asset structure to enhance sustainable operational capabilities.

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