Zhitong Financial APP News, Huatian Hotel (000428.SZ) announced that in order to solve the problem of peer competition between the controlling shareholder Hunan Sunshine Huatian Tourism Development Group Co., Ltd. ("Hunan Tourism Group") and the company. It is proposed that the company will be entrusted with the management of 80% of its subordinate enterprise The Sun Hotel Management Co., Ltd. ("Sunshine Wine Management") held by Hunan Xiangtou Sunshine Group Co., Ltd., a wholly-owned subsidiary of Hunan Tourism Group. The trusteeship period shall run from the effective date of the equity escrow agreement to December 31, 2026.
Huatian Hotel (000428.SZ) is to be entrusted with managing 80% of Sunshine Liquor Management to resolve competition issues with controlling shareholders
Zhitong Finance · 09/19 16:24
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