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CYTS Lists 51% Stake in Shanshui Hotel for 121 Million Yuan

On August 7, CYTS listed its 51% stake and creditor's rights in Shanshui Hotel through Beijing Equity Exchange, with a minimum transfer price of 121 million yuan, and the information disclosure deadline is September 4, 2026. The matter was approved by the company's interim shareholders' meeting on June 30. The final sale price is subject to actual transaction.

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Impact and considerations

CYTS divests hotel assets to focus on core business, which may affect Shanshui Hotel's operations and employees, and has reference significance for hotel industry consolidation.

Key points

  • CYTS lists 51% stake and creditor's rights in Shanshui Hotel with a minimum price of 121 million yuan.
  • Information disclosure deadline is September 4, 2026.
  • The matter was approved by the interim shareholders' meeting on June 30.

Sources and time

Primary source
执惠
Other sources
0
First source publication
11 Aug 2026, 08:00
Page published
14 Aug 2026, 08:08
Last updated
11 Aug 2026, 08:00
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