CYTS: the acquisition of Suzhou Jingsi Garden by CYTS is false information.

Xinhua News Agency, May 31, China Youth Travel Service issued a clarification notice saying that recently, the company is concerned about the existence of false information in the market, which is mainly related to the acquisition of Suzhou Jingsi Park by CYTS, obtaining high loans by false evaluation of Lingbi stone in the garden, and failing to repay the loans on time, which has aroused widespread concern in the market. The company states that the CYTS mentioned in the above rumors has nothing to do with the company.