Jiuhua Tourism announced on September 30 that it plans to invest in the Baishuigong cable car upgrade and renovation project at Jiuhua Mountain, with a total estimated investment of 112 million yuan. The project site is located on Jiuhua Street within the Jiuhua Mountain scenic area. The cable car route will remain on the original alignment and site of the existing Baishuigong cable car, involving no new land use. The existing 38-plus-1 passenger ground cable car will be upgraded to a 55-plus-1 passenger ground cable car, and all cable car equipment will be renewed, station equipment foundations reinforced, the cable car track foundation demolished and rebuilt, and station interiors redecorated. The project is expected to take 18 months to build, including about 12 months of service suspension. During the suspension, the company's revenue will be affected in stages, but the company expects that once construction is completed and operations begin smoothly, it will have a positive impact on operating revenue and profit. On the same day, Jiuhua Tourism also announced the appointment of Zhang Guoxiang as deputy general manager of the company. In the first half of 2026, the company achieved operating revenue of 500 million yuan, up 3.43 percent year on year, and net profit attributable to shareholders of the listed company of 152 million yuan, up 7.27 percent year on year.
Anhui Jiuhuashan Tourism Dvlp112 million yuan cable car upgrade with about 12 months of service suspension will hit revenue in stages during construction.
