Lijiang Yimei Tourism Investment Co., Ltd. signed an equity transfer agreement to acquire 20.77% stake in Lijiang Luomeile Ecological Culture Tourism Co., Ltd. from LiJiang YuLong Tourism Co., LTD. for CNY 22.8 million.
July 22, 2022
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Lijiang Yimei Tourism Investment Co., Ltd. signed an equity transfer agreement to acquire 20.77% stake in Lijiang Luomeile Ecological Culture Tourism Co., Ltd. from LiJiang YuLong Tourism Co., LTD. (SZSE:002033) for CNY 22.8 million on July 20, 2022. Yimei Tourism will pay for this deal using the asset river Mijing real estate. The value of asset is CNY 27.01 million, the difference amount of CNY 4.22 million will be paid by LiJiang YuLong Tourism Co., LTD. to Lijiang Yimei Tourism Investment Co., Ltd. in cash. As on June 30, 2022 Lijiang Luomeile Ecological Culture Tourism reported Total assets of CNY 330 million and Net assets of CNY 56 million.
LiJiang YuLong Tourism Co Ltd is a China-based company mainly engaged in cableway transportation and hotel business. The Company operates four segments: Cableway Transportation segment, Hotel Operation segment, Impression Performance segment and Catering Services segment. The Cableway Transportation segment is mainly engaged in the operation of tourist cableways. The Hotel Operation segment is mainly engaged in the operation and management of hotels in tourist areas. The Impression Performance segment is mainly engaged in the artistic performance of impression Lijiang. The Catering Services segment is mainly engaged in catering services in the tourism service center.
Lijiang Yimei Tourism Investment Co., Ltd. signed an equity transfer agreement to acquire 20.77% stake in Lijiang Luomeile Ecological Culture Tourism Co., Ltd. from LiJiang YuLong Tourism Co., LTD. for CNY 22.8 million.