Kunming World Expo New Area Development and Construction Co., Ltd. agreed to acquire Yunnan World Expo Tourism Scenic Area Investment Management Co., Ltd. from Yunnan Tourism Co., Ltd. (SZSE:002059) for CNY 99.5 million on August 15, 2022. Yunnan World has a total assets of CNY 127 million and net assets of CNY 100 million as of June 30, 2022. On August 15, 2022, The Board of Yunnan Tourism Co., Ltd. approved the transaction.