Guilin Tourism (000978.SZ): The Tourism Automobile Company has suspended operations.

Zhito Finance APP News: Guilin Tourism (000978.SZ) has issued an announcement. Affected by factors such as intensifying industry competition and changes in market structure, the company's wholly-owned subsidiary Lvqi Company has been in a state of loss continuously in recent years. Lvqi Company has successively attempted transformation through various channels, but none have met expectations, and it remains unable to reverse the loss situation. After prudent study, in order to reduce losses, optimize the company's asset structure, and safeguard the long-term interests of all shareholders, and upon deliberation and approval at the fifth meeting of the seventh board of directors in 2026 held by the company on October 9, 2026, the company's board of directors agreed that Lvqi Company cease operations and initiate related work such as employee resettlement.