Haiqi Group announced that the company plans to acquire tax-free control of Sea Travel after divesting the Huating project through cash and/or asset payments, without involving the issuance of shares or supporting capital raising. The original restructuring plan was to issue shares and pay cash to purchase all of Sea Travel's tax-free shares and raise capital. In September 2024, the company plans to make major adjustments to the original plan. Since the adjustment, due to intense competition in the domestic duty-free market and the slowdown in consumer demand, the target company's performance has fallen short of expectations, and there are obstacles to advancing the restructuring, and there are major uncertainties about whether the final implementation will be completed.

Haiqi Group announced that the company plans to acquire tax-free control of Sea Travel after divesting the Huating project through cash and/or asset payments, without involving the issuance of shares or supporting capital raising. The original restructuring plan was to issue shares and pay cash to purchase all of Sea Travel's tax-free shares and raise capital. In September 2024, the company plans to make major adjustments to the original plan. Since the adjustment, due to intense competition in the domestic duty-free market and the slowdown in consumer demand, the target company's performance has fallen short of expectations, and there are obstacles to advancing the restructuring, and there are major uncertainties about whether the final implementation will be completed.