Tibet Tourism intends to issue 350 million development tourism projects

NetEase Finance December 27, Tibet Tourism Evening issued a clarification announcement, the company intends to 11.24 yuan/share price directed additional 25 million shares.　　This issue is to raise the total amount of funds not more than 350 million yuan, will be used to invest in Ali Mountain, Tibet, the Holy Lake Tourism Development Project Phase one project.　　The company intends to improve the company's capital strength through this issue, seize the opportunity of the rapid development of Tibet's tourism industry, make better use of Tibet's unique natural resources and cultural influence, and enlarge and strengthen the company's main tourism business.　　The release of the funds collected will be all used in Tibet, Ali Saint Lake Tourism Area Development project, the implementation of the project in line with national industrial policy, conducive to the company in advance layout Ali unique tourism resources, enhance the company's market competitiveness and sustainable profitability. At the same time, the successful implementation of this issue will optimize the company's capital structure, improve the financial situation, reduce the risk of debt repayment, for the company's healthy and stable development lay a foundation.