Judicial auction transfer of 6.4 million shares of Qujiang Cultural Tourism's controlling shareholder completed
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8 million shares held by Xi'an Qujiang Tourism Investment (Group) Co., Ltd., the controlling shareholder of Qujiang Cultural Tourism, were subject to a judicial auction. A report dated November 5, 2026 shows that 6.4 million of those shares have completed transfer registration; Tourism Investment Group's holding decreased from 63,357,700 shares to 56,957,700 shares, and its shareholding percentage fell from 24.84% to 22.33%; the combined shareholding percentage of the controlling shareholder and its concert parties fell from 28.90% to 26.39%, constituting a passive reduction. The company stated that this change in equity will not cause a change in the controlling shareholder or actual controller, and the transferee may not reduce its holdings within 6 months after receiving the shares.
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- Pinchain TourismJudicial auction of 6.4 million shares held by Qujiang Cultural Tourism's controlling shareholder completed transfer, combined stake falls to 26.39%
Of the 8 million shares of Qujiang Cultural Tourism's controlling shareholder Xi'an Qujiang Tourism Investment (Group) Co., Ltd. that were judicially auctioned, 6.4 million shares have completed transfer registration, and the combined shareholding ratio of the controlling shareholder and persons acting in concert fell from 28.90% to 26.39%. Tourism Investment Group's shareholding decreased from 63,357,700 shares to 56,957,700 shares, with its ratio falling from 24.84% to 22.33%, constituting a passive reduction. The company stated that this change in equity will not result in a change of controlling shareholder or actual controller, and the transferee may not reduce its holdings within 6 months after receiving the shares.
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