China Travel International forms RMB 200 million Mangya tourism joint venture in Qinghai

• China Travel International Investment Hong Kong entered investment and shareholders’ agreements on March 26, 2026 with Mangya Tourism Investment Development and Mangya Guoqing Tourism & Culture Development to set up a joint venture to develop the Heidushan Scenic Spot in Qinghai.
• The joint venture, China Travel (Mangya) Tourism Development, will have registered capital of RMB 200 million; China Travel will contribute RMB 102 million for a 51% stake.
• The project targets tourism experience developments along the Qinghai-Gansu route, extending the group’s northwest China footprint following its Shapotou Scenic Spot project in Ningxia.
• Heidushan Scenic Spot is already receiving visitors, logging 20,874 arrivals during the May Day holiday in 2026.
• Newly invested projects are expected to be completed and begin operations in 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Travel International Investment Hong Kong Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260517-12161532), on May 17, 2026, and is solely responsible for the information contained therein.