Transaction Overview - Wuhan Santour Cableway Group Co., Ltd. approved the acquisition of 100% equity of Chongyang Santour Junshuihe Tourism Development Co., Ltd. and related transactions during board meetings held on December 1 and December 19, 2022 [2] - The company also approved the transfer of certain assets of Junshuihe Company and 49% equity of Chongyang Junshuihe Ecological Farm Development Co., Ltd. due to the residential land nature of some assets, which does not align with the company's operational philosophy [2] - The assets were transferred to Chongyang Tourism Development Co., Ltd. for a price of 15.2 million yuan, and all transaction funds were received by January 2023, with only the transfer procedures pending [2] Transaction Progress - After the agreement took effect, the company transferred the land operating rights and income rights of the two residential lands to Chongyang Tourism Development Co., Ltd. However, the transfer procedures were delayed due to insufficient development investment by Chongyang Tourism [4] - According to the Urban Real Estate Management Law, the transfer of real estate requires that the development investment reaches at least 25% of the total investment, which was not met [4] Land Recovery Agreement - In October 2024, Junshuihe Company received a decision from the local government to recover the two idle land use rights, with compensation based on the paid land transfer fee of 15.2 million yuan [5] - Following this, Junshuihe Company informed Chongyang Tourism, which agreed to allow the government to recover the land use rights at the original transaction price and authorized Junshuihe Company to sign the recovery agreement [5] Completion of Land Transfer - Recently, Junshuihe Company signed the land recovery agreement with Chongyang County Land Acquisition and Storage Center and received the payment of 15.2 million yuan [6] - The company is required to transfer the land use rights within three working days after receiving the payment and is cooperating with the land registration and cancellation process [6] - This transaction is deemed to balance the interests of the company and all parties involved, ensuring legality, compliance, and reasonableness without harming the interests of the company and its shareholders [6]
证券代码:002159 证券简称:三特索道 公告编号:2025-15