*ST West Travel: Announcement on terminating the issuance of stocks to specific targets in 2025 and withdrawing application documents
Securities code: 000610 Securities abbreviation: *ST West Travel Announcement No.: 2026-59
Xi'an Tourism Co., Ltd.
Announcement on terminating the issuance of shares to specific targets in 2025 and withdrawing application documents
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and that there are no false records, misleading statements or major omissions.
The Sixth Extraordinary Meeting of the 11th Board of Directors of Xi'an Tourism Co., Ltd. (hereinafter referred to as the "Company") in 2026 reviewed and approved the "Proposal on Terminating the Issuance of Stocks to Specific Targets in 2025 and Withdrawing the Application Documents", agreeing that the company will terminate the issuance of A shares to specific targets in 2025 (hereinafter referred to as the "Issuance"), apply to the Shenzhen Stock Exchange (hereinafter referred to as the "Shenzhen Stock Exchange") to withdraw the relevant application documents and sign relevant termination agreements with the targets of this issuance. The relevant matters are now announced as follows:
1. Basic information on the issuance of shares to specific objects
On November 7, 2025, the company held the sixth extraordinary meeting of the 10th Board of Directors in 2025, which reviewed and approved the company's resolution on the issuance of A shares to specific objects in 2025. For details, please refer to the company’s relevant announcements on the designated information disclosure website.
On December 17, 2025, the company held the fifth extraordinary shareholders' meeting in 2025 to review and approve
passed
The company issued a proposal related to the issuance of A shares to specific targets in 2025.
On March 24, 2026, the company received the "Notice on Acceptance of Application Documents for Xi'an Tourism Co., Ltd. to Issuance of Stocks to Specific Targets" issued by the Shenzhen Stock Exchange (Shenzhen Stock Exchange [202 6] No. 49).
On April 14, 2026, the company received the "Audit Inquiry Letter Regarding Xi'an Tourism Co., Ltd.'s Application for Issuance of Stocks to Specific Targets" issued by the Shenzhen Stock Exchange (Audit Letter [2026] No. 120019).
2. Reasons for terminating this issuance and withdrawing application documents
Since the launch of this issuance, the company has been actively promoting various work with relevant parties. Taking into account the current capital market environment, the company's future development plan and other actual conditions, and after full communication and prudent analysis with relevant parties, the company decided to terminate the issuance of shares to specific objects and applied to the Shenzhen Stock Exchange to withdraw the relevant application documents.
3. Termination of the review process for this issuance of shares to specific objects
(1) Review status of the board of directors
The sixth extraordinary meeting of the company's eleventh board of directors in 2026 reviewed and approved the "Proposal on Terminating the Issuance of Stocks to Specific Targets in 2025 and Withdrawing Application Documents." According to the authorization of the company's fifth extraordinary shareholders' meeting in 2025, the above proposals do not need to be submitted to the shareholders' meeting for review.
(2) Opinions of special meeting of independent directors
The independent directors believe that the company's termination of this issuance and withdrawal of the application documents is a prudent decision made by the company after comprehensively considering the current market environment, the company's development strategy and business planning and other factors. It will not have a significant adverse impact on the company's production, operation and business development, and will not harm the interests of the company and all shareholders, especially small and medium-sized shareholders.
4. The impact of terminating the issuance of shares to specific objects on the company
The termination of this issuance will not have a significant adverse impact on the company's current daily production and operations, nor will it harm the interests of the company and all shareholders, especially small and medium-sized shareholders.
5. Documents for reference
Resolution of the sixth extraordinary meeting of the 11th Board of Directors in 2026;
Resolution of the seventh special meeting of the 11th independent directors in 2026.
Announcement is hereby made.
Board of Directors of Xi'an Tourism Co., Ltd.
August 31, 2026