Three Gorges Tourism: The 100% equity sale of Jiufenggu Company has been completed, and the payment of 45.7611 million yuan has been received.

Announcement on Three Gorges Tourism: The company previously disclosed its intention to sell its 100% equity in Hubei Three Gorges Jiufeng Valley Tourism Development Co., Ltd. for 45.7611 million yuan to its controlling shareholder, Hubei Three Gorges Cultural Tourism Group Co., Ltd. As of the date of this announcement, Jiufeng Valley Company has completed the industrial and commercial change registration procedures for this equity transfer and has obtained a business license; the company has received the full payment of the equity transfer price of 45.7611 million yuan from Hubei Three Gorges Cultural Tourism. This equity transfer has been completed, and Jiufeng Valley Company is no longer included in the company's consolidated financial statements.