China Jinmao Sells 100% Stake in Sanya Tourism

Reuters2025-12-23

<a href="https://laohu8.com/S/CJNHF">China Jinmao</a> Sells 100% Stake in Sanya Tourism

China Jinmao Holdings Group Limited has completed the disposal of its entire 100% equity interest in Sanya Tourism, a subsidiary that wholly owns The Ritz-Carlton Sanya Yalong Bay, a 5-star hotel with 446 guest rooms. The transaction was conducted through a public listing process on the China Beijing Equity Exchange. Sanya Tourism, established in 2004 with a registered capital of RMB500 million, was fully owned by Shanghai Jinmao prior to the sale. The procedures for the change of industrial and commercial registration are expected to be finalized within 60 working days after Shanghai Jinmao receives the full transfer consideration.

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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251223-11966003), on December 23, 2025, and is solely responsible for the information contained therein.

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