The Company History of Zhangjiajie Tourism Development Co., Ltd.

Zhangjiajie Tourism Development Co., Ltd. (hereinafter referred to as "the Company" and "the Company") was established in February of 1992 17 with the approval of Hunan Provincial Commission for Economic Restructuring. A joint stock limited company established by seven legal persons, including Zhangjiajie Tourism Economic Development Company, Zhangjiajie Xiangyin Industrial Company, Zhangjiajie Land Real Estate Development Co., Ltd., Zhangjiajie Fahua Real Estate Comprehensive Development Company, Zhangjiajie Jinlong Real Estate Development Company, Zhangjiajie Zhongxing Real Estate Industrial Company and China Industrial and Commercial Bank Zhangjiajie Economic Development Zone Real Estate Company. On June 5438+065438+ 10, 2007, Zhangjiajie Economic Development and Investment Group Co., Ltd. (hereinafter referred to as Zhang Jingtou Group) acquired 44,965,438+00,000 shares held by Zhangjiajie Tourism Economic Development Corporation, the former largest shareholder of the company (accounting for 24.46% of the company's total shares). Zhangjiajie Economic Development and Investment Group Co., Ltd. indirectly holds 7,772,400 shares (accounting for 4.23% of the total shares of the company) through its holding subsidiary Zhangjiajie Land Real Estate Development Co., Ltd., becoming the largest shareholder of the company.

Approved by Hunan Provincial People's Government's Hunan Zhengban Letter (1996) No.50, China Securities Regulatory Commission's Jian Zheng Fazi No.1 1996 (143) and Jian Zheng Fazi No.1 1996 (144) approved, with a total of 1 million shares. 1996,1996 On February 23rd, with the approval of Zheng Xiang Zheng Jian Zi [1996] No.68 of Hunan Provincial Securities Regulatory Commission, based on the total share capital of 60 million shares, 48 million shares of capital reserve were transferred to all shareholders at the ratio of 10: 8. After capitalization, the company's total share capital is/kloc-0.08 million shares. 1999 1998 On April 6th,1998, the annual profit distribution plan was reviewed and approved by the company's annual general meeting: based on the total share capital1998 65438+February 3rd1008,000 shares, each/ On June 8, 2009, according to the resolution of the second extraordinary shareholders' meeting and related shareholders' meeting held on May 8, 2009, the share-trading reform plan and the revised Articles of Association, the company transferred 4.9 shares to every 65,438+00 shares of tradable shareholders, and transferred 36,435 shares to all the tradable shareholders registered on the implementation base date of the plan with capital reserve. 465,438+07 shares, the par value of each share is 65,438+0 yuan, increasing by 36,435,465,438+07 yuan, and the total share capital is increased from 65,438+083,600,000 shares to 220,035,465,438+07 shares. Approved by Zhangjiajie Administration for Industry and Commerce, the registered capital is RMB 220,354, 170 yuan.

200 1 10 was passed by the resolution of the company's shareholders' meeting on129 October. According to the Agreement on the Purchase and Sale of Major Assets of Zhangjiajie Tourism Development Co., Ltd. signed by the Company with Zhangjiajie Tourism Economic Development Co., Ltd., Hunan Wuling Tourism Industry Co., Ltd. and Hunan Hongsheng Real Estate Co., Ltd., the Company sold 90% equity of Hunan Cai Xiang Sanmen Software Co., Ltd., 5 1 International Hotel, Zhangjiajie National Tourism Development Co., Ltd. and other assets to Zhangjiajie Tourism Economic Development Co., Ltd.. Co., Ltd., and acquired 99% equity of Wulingyuan Tourism Industry Co., Ltd. in Zhangjiajie, Hunan, 75% equity of Mengdonghe Tourism Development Co., Ltd. in Xiangxi and 75% equity of Baofenghu Tourism Industry Development Co., Ltd. The above five companies have gone through industrial and commercial change registration. In September, 2002 and June, 10, the company signed equity transfer agreements with British Coma Company, Zhensheng Investment Development Co., Ltd. and Hunan Hongyuan Investment Development Co., Ltd. to acquire 24% equity of Zhangjiajie Baofenghu Tourism Industry Development Co., Ltd., 2 1% equity of Xiangxi Mengdonghe Tourism Development Co., Ltd. and 80% equity of Jishou Dehang Tourism Industry Co., Ltd. respectively. In March 2002, it acquired the 1% equity of Wulingyuan Tourism Industry Co., Ltd. in Zhangjiajie, Hunan Province, and changed it into a branch.

In August 2003, the company acquired 80% equity of Hunan Guangzhilv International Travel Service Co., Ltd. In August 2004, the company acquired 53% equity of Zhangjiajie International Hotel. In September 2004, Liuyang Shanshui Tourism Industry Development Co., Ltd. was established, accounting for 85% of the shares. From June 5438 to February 2004, it acquired 89.5% equity of Hunan Zhou Luo Tourism Development Co., Ltd.; From June 5438 to February 2004, it acquired 90% equity of Guzhang Eco-tourism Development Co., Ltd. (now renamed Xiangxi Zuolongxia Tourism Development Co., Ltd.).

The company acquired 99% and 0. 13% shares of Linxiang Shanshui Tourism Industry Development Co., Ltd. held by Hunan Tiannong Industrial Development Co., Ltd. in March 2005 and June 2005 respectively. Since then, Linxiang Shanshui Tourism Industry Development Co., Ltd. has absorbed another investor to increase its capital, accounting for 80% of the shares, and in 2006, it converted its capital reserve into share capital. Zhangjiajie Baofenghu Tourism Industry Development Co., Ltd. acquired 4% equity of Xiangxi Mengdonghe Tourism Development Co., Ltd. held by Hong Kong Zhensheng Investment Development Co., Ltd. in 2005.

Zhangjiajie Baofenghu Tourism Industry Development Co., Ltd. acquired the 0/0% equity of Xiangxi Zuolongxia Tourism Development Co., Ltd. held by natural person Wei in 2006.

In 2006, Hunan Zhou Luo Tourism Development Co., Ltd. acquired the equity of Zhangjiajie Baofenghu Tourism Industry Development Co., Ltd. 1% held by British Kyle Company.

In 2007, the company acquired a 20% stake in Zhangjiajie International Hotel held by Hong Kong Yinlang Holdings Limited.

In 2008, the company transferred all the shares of Hunan Guang Zhi Tourism International Travel Service Co., Ltd. In 2008, the company acquired the equity of Zhangjiajie Baofenghu Tourism Industry Development Co., Ltd. 1% held by Hunan Zhou Luo Tourism Development Co., Ltd., a holding subsidiary. Xiangxi Mengdonghe Tourism Development Co., Ltd. and other subsidiaries of the company transferred all the shares of Xiangxi Travel Agency Co., Ltd. in Xiangxi Autonomous Prefecture in 2008. On June 8th, 2009, our company and its subsidiary Zhangjiajie Baofenghu Tourism Industry Development Co., Ltd. established Zhangjiajie Yang Jiajie Cableway Co., Ltd., of which our company contributed 65,438+00% and Zhangjiajie Baofenghu Tourism Industry Development Co., Ltd. contributed 90%.

As of February 3, 20091day, The company has jurisdiction over Wulingyuan Branch and Zhangjiajie Baofeng Lake Tourism Industry Development Co., Ltd. (referred to as Baofeng Lake Company), Xiangxi Mengdonghe Tourism Development Co., Ltd. (referred to as Mengdonghe Company), Jishou Dehang Tourism Industry Co., Ltd. Zhangjiajie Tourism Development Co., Ltd. 2009 Full Report 52 (referred to as Dehang Company), Zhangjiajie International Hotel (referred to as Zhang International Hotel), Liuyang Shanshui Tourism Industry Development Co., Ltd. (hereinafter referred to as Hunan Zhou Luo Tourism Development Co., Ltd. (hereinafter referred to as Zhou Luo Company), Xiangxi Zuolongxia Tourism Development Co., Ltd. (hereinafter referred to as Zuolongxia Company), Linxiang Shanshui Tourism Industry Development Co., Ltd. (hereinafter referred to as Linxiang Company), Zhangjiajie Yang Jiajie Cableway Co., Ltd. (hereinafter referred to as Yang Jiajie Company) and other nine directly controlled subsidiaries. The company is mainly engaged in: tourism resources development, tourism infrastructure construction, tourism supporting services, and tourism-related high-tech development; Tourism environmental protection product development, production, sales, tourism information consulting services.