Hubei Three Gorges Tourism Group Co.Ltd(002627) announced that the company is planning to purchase assets and raise supporting funds and related party transactions by issuing shares, paying cash and issuing convertible bonds. The transaction targets of this planning event are 100% equity of Changjiang Hubei Three Gorges Tourism Group Co.Ltd(002627) Development Co., Ltd. held by the Three Gorges base company and all equity of Yichang Xingsheng Construction Investment Co., Ltd. held by traffic and tourism investment. Changjiang Hubei Three Gorges Tourism Group Co.Ltd(002627) Development Co., Ltd. is mainly responsible for the development and operation of the Three Gorges Dam tourist area; Yichang Xingsheng Construction Investment Co., Ltd. is mainly responsible for the construction and operation of 809 micro resort town. The trading of the company’s shares has been suspended since the opening of the market on March 28.
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