Caesar Travel Group: Participating in the restructuring investment of Zhangjiajie Tourism Group, planning to subscribe for 8 million shares.

Caesar Travel announced that the company has formed a consortium with Guangzhou Haina to participate in the restructuring investment of Zhangjiajie Tourism Group, and signed the "Restructuring Investment Agreement" on November 13. Caesar Travel and Caesar Haina will subscribe for 8 million shares of Zhang Travel Group's capital surplus increase at a price of 3.96 yuan per share, with a total consideration of 31.68 million yuan, of which the company will acquire 4 million shares for 15.84 million yuan. The shares will be locked up for 36 months. The restructuring plan of Zhang Travel Group still requires approval at relevant meetings and court rulings. This investment aims to achieve business synergy and drive the company's transformation and upgrading, but there are risks of restructuring failure and stock price fluctuations.