Jiuhua Tourism announced on September 29 that the company plans to invest in the Baishui Palace cable car upgrade and renovation project at Mount Jiuhua, with a total estimated investment of 112 million yuan. The project aims to enhance internal transportation service capacity within the Mount Jiuhua scenic area, ensure safe operations, and promote the high-quality development of the company's main business. The project site is located in the Mount Jiuhua scenic area, and the main scope includes upgrading the existing 38+1 passenger ground cable car to a 55+1 passenger ground cable car, replacing all cable car equipment, and reinforcing station equipment foundations. In the first half of 2026, Jiuhua Tourism achieved revenue of 500 million yuan and net profit attributable to the parent company of 152 million yuan.
Anhui Jiuhuashan Tourism DvlpJiuhua Tourism plans a 112 million yuan capex upgrade of the Baishui Palace cable car to boost capacity and safe operations.
