Changbaishan announced that Zhixing Company, a wholly-owned subsidiary of the company, and EasyTour Company have each signed a Changbaishan Scenic Area ticket purchase contract with the controlling shareholder Changbaishan Group to pre-order 10 million yuan of tickets to Changbaishan North and West Scenic Area from the Changbaishan Group at a 15% discount on the store price. The two companies pre-purchased a total of 20 million yuan of tickets. This related transaction must be submitted to the shareholders' meeting for consideration. The essence of the transaction is to obtain ticket discounts for Changbai Mountain North and West Scenic Area through batch pre-purchase, which can guarantee the interests of the company and shareholders, and will not have a significant impact on the company's financial situation and operating results.

Changbaishan announced that Zhixing Company, a wholly-owned subsidiary of the company, and EasyTour Company have each signed a Changbaishan Scenic Area ticket purchase contract with the controlling shareholder Changbaishan Group to pre-order 10 million yuan of tickets to Changbaishan North and West Scenic Area from the Changbaishan Group at a 15% discount on the store price. The two companies pre-purchased a total of 20 million yuan of tickets. This related transaction must be submitted to the shareholders' meeting for consideration. The essence of the transaction is to obtain ticket discounts for Changbai Mountain North and West Scenic Area through batch pre-purchase, which can guarantee the interests of the company and shareholders, and will not have a significant impact on the company's financial situation and operating results.