China Travel International Investment Hong Kong Ltd. issued a supplemental announcement providing additional details on the valuation underpinning its disclosed acquisition of equity interests in certain target companies. The company said the consideration was negotiated with reference to an appraised shareholders’ equity value of about RMB346.1 million for Target Company A as at March 31, 2025, based on an income approach. The clarification set out key forecast assumptions, including revenue growth of around 1% for 2025-2035 and 0% for 2036-2064, and explained projected margin changes driven largely by depreciation. It also disclosed major valuation inputs such as a 1.81% risk-free rate, an 8.00% cost of equity, a 7.84% weighted average cost of capital, and interest-bearing debts totaling RMB755 million.
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 Travel International Investment Hong Kong Ltd. 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-20260225-12029656), on February 25, 2026, and is solely responsible for the information contained therein.
Comments