Emei Mountain A: Plans to invest 10 million yuan to establish a wholly-owned subsidiary Emei Xueya Tea Industry Company.

date
22/12/2025
Mount Emei A announced that the company will convene a board of directors meeting on December 19, 2025, to approve the proposal of investing in the establishment of a wholly-owned subsidiary, Sichuan Emei Xueya Tea Industry Co., Ltd. The company plans to invest 10 million yuan and hold 100% equity of the subsidiary, with a registered address at 5 Nanduan, Mingshan Road, Emeishan City, Sichuan Province. Physical assets, creditor's rights, and debts related to the tea industry totaling 19.62 million yuan will be transferred to the subsidiary after its establishment. The investment is intended to consolidate resources and enhance competitiveness. However, the project faces risks such as market, safety, technology, and policy risks, but is expected to promote the integration of tea and tourism, enhancing the overall competitiveness of the company.