In order to further strengthen, improve and expand the Sichuan Tourism Investment Group, relevant departments in Sichuan researched and drafted the “Implementation Opinions on Using the Role of the Provincial Tourism Investment Group as a Leading Enterprise to Promote the Stable and Far-reaching Development of the Sichuan Tourism Industry”. Among them, it was mentioned that the capacity of state-owned capital to invest and finance cultural tourism should be enhanced. Eligible cultural tourism industry projects are included in the provincial key projects list, and eligible projects are supported through existing funding channels. Support the provincial tourism investment group to optimize the equity structure and industrial structure through IPOs, refinancing, mergers and acquisitions, etc., and increase the securitization rate of cultural tourism assets. Support the introduction of strategic investors and use models such as corporate bonds, industrial bonds, ABS, CMBS, REITs, and industrial funds as a low-cost long-term source of capital. Promote the healthy development of listed companies controlled by the Provincial Travel Investment Group, consolidate the foundation of corporate governance, and raise the level of standardized operation. Encourage the broadening of refinancing channels through various methods such as issuing additional shares, issuing preferred shares, and convertible bonds to achieve integrated development of industrial operations and capital operations. According to data, the Sichuan Travel Investment Group is positioned as a state-owned capital investment company. The group and its subsidiaries have a total of 230 wholly-owned and holding enterprises, including the listed company Simei Media.

In order to further strengthen, improve and expand the Sichuan Tourism Investment Group, relevant departments in Sichuan researched and drafted the “Implementation Opinions on Using the Role of the Provincial Tourism Investment Group as a Leading Enterprise to Promote the Stable and Far-reaching Development of the Sichuan Tourism Industry”. Among them, it was mentioned that the capacity of state-owned capital to invest and finance cultural tourism should be enhanced. Eligible cultural tourism industry projects are included in the provincial key projects list, and eligible projects are supported through existing funding channels. Support the provincial tourism investment group to optimize the equity structure and industrial structure through IPOs, refinancing, mergers and acquisitions, etc., and increase the securitization rate of cultural tourism assets. Support the introduction of strategic investors and use models such as corporate bonds, industrial bonds, ABS, CMBS, REITs, and industrial funds as a low-cost long-term source of capital. Promote the healthy development of listed companies controlled by the Provincial Travel Investment Group, consolidate the foundation of corporate governance, and raise the level of standardized operation. Encourage the broadening of refinancing channels through various methods such as issuing additional shares, issuing preferred shares, and convertible bonds to achieve integrated development of industrial operations and capital operations. According to data, the Sichuan Travel Investment Group is positioned as a state-owned capital investment company. The group and its subsidiaries have a total of 230 wholly-owned and holding enterprises, including the listed company Simei Media.