Caesar Travel Holdings' major shareholder, Huanhai Bay Cultural Tourism, completes additional purchase, spending 17,687,700 yuan to acquire 3,291,300 shares.

On March 21, 2026, Caesar Travel (Rights Protection) Group Co., Ltd. (hereinafter referred to as “Caesar Travel”) announced that its controlling shareholder, Qingdao Huanghai Bay Cultural Tourism Development Group Co., Ltd. (hereinafter referred to as “Huanghai Bay Cultural Tourism”), has completed the previously disclosed share buyback plan, with a total buyback amount reaching 17.6877 million yuan, and the number of shares bought back being 3.2913 million shares, accounting for 0.21% of the company’s total share capital.

Implementation of the Buyback Plan

The announcement indicates that Huanghai Bay Cultural Tourism disclosed the buyback plan on March 6, 2026, proposing to increase its holdings of Caesar Travel shares through centralized bidding trading within one month from the date of the announcement, with a total buyback amount of no less than 10 million yuan and no more than 20 million yuan. The funding sources are special loans for stock buybacks and self-owned funds, without setting a price range.

As of March 20, 2026, the aforementioned buyback plan has been fully implemented. During the period from March 6 to March 20, 2026, Huanghai Bay Cultural Tourism cumulatively bought back 3.2913 million shares of Caesar Travel through centralized bidding trading, accounting for 0.21% of the company’s total share capital, with an actual buyback amount of 17.6877 million yuan, falling within the planned amount range.

Changes in Shareholding Structure

After the completion of this buyback, both the number of shares held by Huanghai Bay Cultural Tourism and its concerted actors have increased. Specifically:

Note: The above data may have minor discrepancies due to rounding in calculations.

From the table data, it can be seen that Huanghai Bay Cultural Tourism’s own shareholding increased from 238.93 million shares to 242.22 million shares, with the shareholding ratio rising from 14.90% to 15.10%; the number of shares and proportion held by its concerted actor, Qingdao Luchuang Rubikonghe Industrial Investment Fund Partnership, remained unchanged. The total shareholding of both increased from 293.54 million shares to 296.83 million shares, with the shareholding ratio rising from 18.30% to 18.51%.

Other Matters Explained

The announcement pointed out that the implementation of this buyback plan complies with the requirements of the Company Law, Securities Law, Regulations on the Administration of Listed Company Acquisitions, and the Stock Listing Rules of the Shenzhen Stock Exchange, among other relevant laws and regulations. Furthermore, this buyback does not touch on mandatory tender offers, will not cause the company’s shareholding distribution to fail to meet listing conditions, nor will it lead to changes in the company’s control.

Huanghai Bay Cultural Tourism stated in the announcement that this buyback is based on firm confidence in the continuous and stable development of Caesar Travel in the future, aiming to effectively safeguard shareholder interests and enhance investor confidence.

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Editor: Xiao Lang Fast Report