China United Travel Completes Transfer of 100% Equity in Runtian Industrial

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China United Travel announced that the transfer of the target assets has been completed for its acquisition of 100% equity in Runtian Industrial through a combination of share issuance and cash payment, along with a related fundraising. The company has paid the first cash consideration of 150 million yuan and now holds all shares of Runtian Industrial. It will proceed with the remaining consideration payment, share registration, and supporting fundraising matters.

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