*ST Zhang Jia Jie Tourism (000430.SZ) Plans Quality Upgrade and Integrated Operation Cooperation for Dayong Ancient Town Project

Stock News12-03

Zhang Jia Jie Tourism Group Co., Ltd. (000430.SZ) announced that, amid the gradual progress of its restructuring and the signing of a restructuring investment agreement, its subsidiary Zhang Jia Jie Dayong Ancient Town Development Co., Ltd. (referred to as "Dayong Ancient Town Company") intends to sign the "Dayong Ancient Town Operation Cooperation Agreement" with a joint venture company tentatively named "Zhang Jia Jie Mango Cultural Tourism Co., Ltd." (subject to final industrial and commercial registration). The joint venture, to be established by the company, Hunan TV & Broadcast Intermediary Co., Ltd., and Mango Excellent Media Co., Ltd., will collaborate on quality upgrades and integrated operations for the Dayong Ancient Town project.

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