LNGF(SZ:002717)2022-12-05 02:01Group 1: Company Overview - Lingnan Ecological Culture Tourism Co., Ltd. focuses on high-end equipment and integrated services for cultural tourism projects, with products including immersive amusement equipment and interactive experience devices [3]. - The company has established partnerships with major theme parks and tourist attractions, such as Shanghai Haichang Ocean Park and Shanghai Disney [3]. Group 2: Corporate Structure and Financing - The subsidiary Hengrun Group underwent a restructuring to become a joint-stock company, enhancing governance and operational standards, and improving financing channels [3][4]. - The company plans to raise up to 122 million CNY through a private placement, which will support project implementation and improve overall profitability [4]. Group 3: Debt Financing and Financial Stability - The company maintains a stable main business and reasonable growth in total financing, with a balanced debt ratio [5]. - Support from major state-owned banks provides reliable funding, with large credit limits and low interest rates, ensuring the company's overall development [5].