Overview - Chengdu New Tianfu Cultural Tourism Development Co., Ltd. announced the signing of a supplementary agreement to the PPP project contract, which aims to clarify certain provisions and support the normal operation of the PPP project [1][2]. Group 1: Company Actions - The company held its 11th Board of Directors' 32nd meeting on June 11, 2025, where it approved the signing of the supplementary agreement to the PPP project contract [2]. - A wholly-owned subsidiary, Lishui Rain Da Sports Venue Management Co., Ltd., was established to fully inherit the rights and obligations under the PPP project contract [2]. Group 2: Project Details - On June 16, 2025, Lishui Venue Company signed the supplementary agreement with the Lishui Sports Development Service Center, which is beneficial for the normal operation of the PPP project and enhances the long-term cooperation mechanism between the parties [2]. - The signing of the supplementary agreement is expected to contribute positively to the company's long-term development and is not anticipated to have a significant adverse impact on its production and operations [2].

Group 1 - The core viewpoint highlights the rich history and cultural significance of dragon boat manufacturing and racing in Fuzhou, particularly in the village of Fangzhuang, which has over 700 years of tradition and an annual production value of approximately 6 million yuan from over 200 dragon boat orders [2][5][6] - The dragon boat manufacturing technique from Fangzhuang was recognized as a representative project of intangible cultural heritage in Fuzhou in 2018, with ongoing efforts to apply for provincial-level recognition [5] - The Pu Xia River is a traditional venue for dragon boat races in Fuzhou, known for its strong team, the Pu Xia Dragon Boat Team, which has a legacy of 41 years, relying on community funding and support to maintain its operations [7] Group 2 - The recently opened Fuzhou Dragon Boat Theme Park is the first of its kind in the country, located along the Pu Xia River, serving multiple functions including sports, tourism, and cultural education [8] - Fuzhou city has been actively promoting and preserving dragon boat culture through various initiatives, including hosting major competitions and developing dragon boat-related tourism, which contributes to the city's economic growth and high-quality development [10]