According to the Qujiang Cultural Tourism announcement, previously in the Hangzhou Shangcheng District People's Court stock judicial auction project, the buyer Qujiang Financial Holdings competed for 3 million shares held by the controlling shareholder Tourism Investment Group, accounting for 1.18% of the company's total share capital. However, we recently learned that Qujiang Financial Holdings did not pay the balance of the auction before 15:00 on July 30, as required, and this auction was unsuccessful. Up to now, Tourism Investment Group holds 66.357,700 shares, accounting for 26.02%; Qujiang Financial Holdings holds 10.358,200 shares, accounting for 4.06%. This matter will not affect the company's production and operation, nor will it cause changes in the controlling shareholders and actual controllers.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.