FX Hotels : Announcement regarding to the Board of Directors resolute to the internal change of organizational structure.

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Provided by: FX HOTELS GROUP INC.
SEQ_NO	6	Date of announcement	2022/03/29	Time of announcement	19:10:23
Subject	Announcement regarding to the Board of Directors resolute to the internal change of organizational structure.
Date of events	2022/03/29	To which item it meets	paragraph 53
Statement	1.Date of occurrence of the event:2022/03/29 2.Company name:FX Hotels Group Inc.、China Capital Management Group INC. and China Boutix Hotel Management and Development (BJ) Co., Ltd. 3.Relationship to the Company (please enter "head office" or "subsidiaries"):Subsidiary 4.Reciprocal shareholding ratios:N/A 5.Name of the reporting media:N/A 6.Content of the report:N/A 7.Cause of occurrence:the Group's organizational structure adjustment of China Capital Management Group INC. splits its 24.85% capital to form China Boutix Hotel Management and Development (BJ) Co., Ltd, a newly-established subsidiary which is fully-owned by FX Hotels Group Inc. 8.Countermeasures:Since this amendment of organizational structure is internal, there will be no related profit-loss generated, and hence no major impact to financial operation. 9.Any other matters that need to be specified:None