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Formalities completed for the transfer registration of CTS International in transferring equities without compensation


On September 21, 2017, the company received a notice from China National Travel Service Group Corporation Limited, China Chengtong Holdings Group and China Reform Holdings Corporation. The notice said that formalities were completed for transfer registration in transferring state-owned shares without compensation at the Shanghai branch of China Securities Depository and Clearing Corporation Limited (CSDC), which issued the Confirmation Letter of Securities Transfer Registration, with a transfer date of September 20, 2017.

After this transfer, China National Travel Service Group Corporation Limited will no longer hold shares of the company. China Chengtong Holdings Group will become an indirect controlling shareholder of the company; and the State-owned Assets Supervision and Administration Commission of the State Council will remain the actual controller of the company.