Zhangjiajie (000430.SZ) plans to acquire 51% equity of Wulingyuan Cableway Company for 355 million yuan.

Tencent Finance APP news, Zhangjiajie (000430.SZ) announced that the company intends to acquire 51% equity of Hunan Wulingyuan Cableway Co., Ltd. (referred to as "Wulingyuan Cableway Company") held by Zhangjiajie Wulingyuanquanyu Tourism Culture Co., Ltd. for a transaction consideration of 355 million yuan. After the completion of the transaction, the company will hold 51% equity of Wulingyuan Cableway Company.