China Jinmao Announces Plan to Sell 100% Stake in Sanya Tourism Subsidiary

Reuters11-21

<a href="https://laohu8.com/S/CJNHF">China Jinmao</a> Announces Plan to Sell 100% Stake in Sanya Tourism Subsidiary

China Jinmao Holdings Group Limited announced that its wholly-owned subsidiary, Shanghai Jinmao Investment Management Group Co., Ltd., plans to dispose of its 100% equity interest in Jin Mao Sanya Tourism Co., Ltd., which owns The Ritz-Carlton Sanya Yalong Bay hotel. The proposed asset disposal has been publicly listed on the China Beijing Equity Exchange with a minimum bidding price of RMB 2,264.60 million. The final transferee and consideration will be determined through the bidding process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Jinmao Holdings Group Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.

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