Group 1 - The core viewpoint of the news is that Huazhong Securities Co., Ltd. has been appointed as the sponsor for Anhui Jiuhuashan Tourism Development Co., Ltd.'s issuance of A-shares to specific investors, ensuring compliance with relevant laws and regulations [1][2][11] - The issuer, Anhui Jiuhuashan Tourism Development Co., Ltd., was established on December 27, 2000, and listed on the Shanghai Stock Exchange on March 26, 2015, with a registered capital of 110.68 million yuan [4][8] - As of March 31, 2025, the total share capital of the issuer is 110,680,000 shares, with 100% being unrestricted circulating shares [4][5] Group 2 - The controlling shareholder of the issuer is Wenlv Group, which holds 29.93% of the shares, while the actual controller is the Chizhou State-owned Assets Supervision and Administration Commission [8][10] - The company plans to raise up to 500 million yuan through this issuance, with the funds allocated for various projects including the renovation of hotels and the construction of a cable car project [15][16] - The issuance will involve no more than 33,204,000 shares, representing up to 30% of the total share capital prior to the issuance [12][15]