Huangshan Tourism: Planning to invest approximately 412 million yuan to build the Huangshan Hot Spring (Taohuaxi Section) Comprehensive Renovation Project

Huangshan Tourism Announcement, the company plans to invest in the construction of the Huangshan Hot Spring (Taohuaxi Section) comprehensive renovation project, with an estimated investment of about 412 million yuan, funded by the company’s own capital. The project covers approximately 204 acres of land, aiming to upgrade existing assets and improve the overall environment, with main construction contents including building renovation and enhancement, overall environmental improvement, and upgrades to supporting facilities such as water supply, drainage, and power supply. After the project is completed, it will have multiple functions including hot spring experience, forest health and wellness, exhibition and display, accommodation, shopping, dining, visitor services, and logistics services. According to the feasibility report, during the operation period, the project is expected to generate an average annual revenue of 86.68 million yuan and an average annual profit of 11.7 million yuan. The construction period is estimated to be 36 months (excluding preliminary work).