Tibet Tourism announced that its subsidiary Shengdi Automobile Company has closed a special regulatory account and received special surplus funds of 5.8646 million yuan. The account was opened to properly handle the aftermath of traffic accidents from 2014 to 2015. After the matters were resolved, the company applied for cancellation, and the funds were transferred to Shengdi Automobile Company's basic bank account. The special accident surplus funds received this time are expected to have a significant impact on the company's non-recurring profit and loss changes in 2026, and the final result will be subject to the annual audit. In the first quarter of 2026, Tibet Tourism achieved revenue of 24.41 million yuan and a net loss attributable to the parent company of 20 million yuan.
Tibet Tourism Co LtdSubsidiary recovers 5.8646 million yuan from closed accident special account, boosting non-recurring profit.
