According to the Xi'an Tourism announcement, it is proposed to rent the entire Shanglin Palace Hotel and the subsidiary business site to the related party Dahan Company. The lease period is 5 years, from January 20, 2026 to January 19, 2031, with an annual rent of 3.6 million yuan, and the rent will be paid on a quarterly basis. Dahan Corporation is a subsidiary of East-West Travel Group, the holding stock of the company. This matter was reviewed and approved by a special meeting of the board of directors and independent directors. It does not require approval by the shareholders' meeting, and does not constitute a major asset restructuring. From the beginning of 2025 to the disclosure date, related transactions with this related party totaled RMB 3,591,000. Dahan Company's 2024 revenue in 2005 was 13,800 yuan, and net profit was 15.2501 million yuan.

Zhitongcaijing · 2d ago
According to the Xi'an Tourism announcement, it is proposed to rent the entire Shanglin Palace Hotel and the subsidiary business site to the related party Dahan Company. The lease period is 5 years, from January 20, 2026 to January 19, 2031, with an annual rent of 3.6 million yuan, and the rent will be paid on a quarterly basis. Dahan Corporation is a subsidiary of East-West Travel Group, the holding stock of the company. This matter was reviewed and approved by a special meeting of the board of directors and independent directors. It does not require approval by the shareholders' meeting, and does not constitute a major asset restructuring. From the beginning of 2025 to the disclosure date, related transactions with this related party totaled RMB 3,591,000. Dahan Company's 2024 revenue in 2005 was 13,800 yuan, and net profit was 15.2501 million yuan.