Cinese International Group Holdings Ltd. Explores Health and Wellness Tourism Partnership with China International Travel Service (Guangdong) Co., Ltd
Reuters
Jun 27
Cinese International Group Holdings Ltd. Explores Health and Wellness Tourism Partnership with China International Travel Service (Guangdong) Co., Ltd
Cinese International Group Holdings Ltd., through its wholly-owned subsidiary Cinese Zhuoling Culture (Dongguan) Co., Ltd., has entered into a non-legally binding memorandum of understanding (MOU) with China International Travel Service (Guangdong) Co., Ltd., to explore potential cooperation in the health and wellness tourism sector. The prospective partner, a state-owned company based in the PRC with a focus on the tourism industry in Guangdong province, is independent of Cinese International Group Holdings Ltd. The collaboration aims to expand business opportunities, although the final terms of the agreement are yet to be finalized. The company has advised shareholders and potential investors to exercise caution, as the potential cooperation may not proceed as planned. Further announcements will be made in accordance with the Listing Rules.
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