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    300859   CNE100004199

WESTERN REGIONS TOURISM DEVELOPMENT CO.,LTD

(300859)
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Xinjiang Tianshan Tianchi Tianyong City Tourism Co., Ltd announced that it expects to receive CNY 40 million in funding from Western Regions Tourism Development Co.,Ltd, Xinjiang Xipa Wenkong Investment Co., Ltd.

04/26/2021 EDT

Xinjiang Tianshan Tianchi Tianyong City Tourism Co., Ltd announced that it has signed a capital increase agreement with Western Regions Tourism Development Co.,Ltd (SZSE:300859) and Xinjiang Xipa Wenkong Investment Co., Ltd. to CNY 40,000,000 on April 26, 2021. Western Regions Tourism Development Co.,Ltd (SZSE:300859) will invest CNY 16,000,000 and Xinjiang Xipa Wenkong Investment Co., Ltd. will invest CNY 24,000,000. The registered capital will increase from CNY 10,000,000 to CNY 50,000,000. The transaction was approved at the the second meeting of the sixth board of directors and the second meeting of the sixth board of supervisors and do not need to be submitted to the shareholders meeting for deliberation.


ę S&P Capital IQ 2021
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Financials
Sales 2020 51,2 M 7,91 M 7,91 M
Net income 2020 -43,3 M -6,69 M -6,69 M
Net cash 2020 174 M 26,8 M 26,8 M
P/E ratio 2020 -61,3x
Yield 2020 -
Capitalization 2 959 M 458 M 457 M
EV / Sales 2019 -
EV / Sales 2020 57,9x
Nbr of Employees 515
Free-Float 100%
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Managers and Directors
Xin Ping Li General Manager & Director
Jin Ya Dai Chief Financial Officer & Director
Ke Nian Wu Chairman
Sheng Chun Zhu Chairman-Supervisory Board
Li Fang Yang Independent Director
Sector and Competitors