According to the China Travel and Tourism Culture announcement, with the approval of the Securities Regulatory Commission, the company purchased 100% of Runtian Industrial's shares from Jiangxi Maitong, Runtian Investment, and Nanchang Jinkai by issuing shares and paying cash, with transaction consideration of $3.09 billion, of which 903 million yuan in cash and 2.06 billion yuan in shares. As of July 7, 2026, the company has obtained 100% of Runtian Industrial's shares, adding 658 million yuan in registered capital and 1,163 million yuan after the change. The registration procedure for this issue of shares is in progress.

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