Xiangyuan Cultural Tourism (600576.SH): The company did not guarantee or enhance credit for the payment of any financial wealth management products

Zhitong Finance App News, Xiangyuan Cultural Tourism (600576.SH) issued an announcement. Recently, there were media reports on the Internet that some of the financial products of the company's indirect controlling shareholder, Xiangyuan Holding Group Co., Ltd. (“Xiangyuan Holdings”) and the actual controller of the company bears joint and several guarantees, were partially overpaid and attracted investors' attention. The company verified the relevant matters with Xiangyuan Holdings and the actual controller of the company and carried out a self-inspection. In order to prevent false information from misleading the market and protect the legitimate rights and interests of investors, the following instructions are provided:

1. Financial products issued on a platform involving real estate cooperation projects with Xiangyuan Holdings are partially overpaid. Xiangyuan Holdings and the actual controller of the company bear joint and several guarantees for the above payment obligations. Xiangyuan Holdings and the actual controller of the company are communicating with the relevant parties about the specific situation of overdue payments.

2. The financial products involved in this incident have nothing to do with Xiangyuan Cultural Tourism and its participating or holding subsidiaries. Xiangyuan Cultural Tourism does not assume any payment or guarantee obligations, and the company did not guarantee or enhance credit for the payment of any financial wealth management products.

3. At present, the company's production and operation are all normal. The company's management undertakes to comply with the “Governance Guidelines for Listed Companies” to ensure independence with controlling shareholders and actual controllers in terms of assets, personnel, finance, organization and business.