Linzhi Xinyi Tourism Development Co., Ltd. announced that it will receive CNY 175,901,800 in an equity round of funding from returning investor Tibet Tourism Co.,Ltd on July 12, 2022. The transaction was approved by the board of directors of the company at its 13th Meeting of the 8th Directorate and the 14th Meeting of the Company's 8th Supervisory Board and does not need the Shareholders' Approval