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CYTS Lists 51% Stake in Shanshui Hotel for 121 Million Yuan
1reports1reporting sources2026-08-11Update
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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.
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8月11日
- TripVividCYTS 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.