Hainan Special Administrative Region International Travel Service is a travel service provider with full qualifications for travel agency business licenses for outbound travel, domestic travel, and inbound travel, and focuses on destination tourism reception services. Recently, Lingnan Holdings announced that it plans to increase its capital to acquire Hainan Special Administrative Region International Travel Service. After the completion of this transaction, Guangzhi will hold 51% of the equity of Hainan Special Administrative Region International Travel Service and become the controlling shareholder of Hainan Special Administrative Region International Travel.
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