Tibet Tourism: Extension of Luolang Flower Sea Ranch Scenic Area Improvement Project Implementation Period

The Tibet Tourism Announcement stated that on June 12, 2026, the company held a board meeting and proposed to extend the implementation period of the Luorong Flower Sea Ranch scenic area upgrade project from October 2026 to October 2027. The project plans to use a fundraising of 42 million yuan, and as of May 31, 2026, a total of 1.915 million yuan has been invested, with an investment progress of 4.56%. The reason for the extension is due to the impact of the closure construction of the G318 National Road quality improvement project, and the scenic area does not have normal conditions for vehicle access and tourist reception in the short term. This extension is not a substantive change and does not affect the company's normal operation, but still requires approval from the shareholders' meeting.