Changbai Mountain Tourism Co.Ltd(603099) : the mountain gate function of the North Scenic Spot is moved down to the tourist distribution center of the North scenic spot

Changbai Mountain Tourism Co.Ltd(603099) (603099) announced on the evening of February 24 that according to the requirements of the notice on the downward movement of the mountain gate function of Changbai Mountain Tourism Co.Ltd(603099) North Scenic Spot issued by the Management Committee of chibei District of Changbai Mountain Tourism Co.Ltd(603099) protection and Development Zone, the mountain gate function of Changbai Mountain Tourism Co.Ltd(603099) North Scenic spot will be moved down to the tourist distribution center of North scenic spot from February 25, 2022, and the ticket checking channel will no longer be reserved at the Mountain Gate of North scenic spot. The purpose of this move is to alleviate Changbai Mountain Tourism Co.Ltd(603099) ecological environment protection pressure and tourist traffic pressure in peak season, reduce the transfer times and queuing time of tourists, and further improve tourists' tour comfort and satisfaction. The passenger transport pricing of the line from the tourist distribution center in chibei district to the gate area of the North Scenic Spot adopts the method of market adjustment.

Changbai Mountain Tourism Co.Ltd(603099) said that the company obtained the license from January 20, 2015 and began to operate the line business from the urban area of chibei district to the gate area of North Scenic Spot, and the license operation period is until June 8, 2027. The mountain gate is moved down to greatly expand the original operation business of the line. At present, the company's registered vehicles for the line capacity account for 89% (183 registered vehicles and 163 registered vehicles), which will have a positive impact on the company's revenue.

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