Zhang Jia Jie Tourism Group Co., Ltd. (000430.SZ) engages primarily in tourism business in China, operating tourist attractions such as Baofeng Lake and Dayong Ancient City; tourist passenger transportation services; travel agency services through entities including Zhangjiajie China Travel Service; tourist passenger cableway operations; hotel management; and house leasing. The company, founded in 1992 as China's first listed tourism stock on the Shenzhen Stock Exchange in 1996 and headquartered in Zhangjiajie, Hunan province, focuses on tourism resource development, infrastructure construction, and related services primarily in Zhangjiajie and western Hunan regions, with operations targeting domestic and inbound tourists. Formerly known as Zhang Jia Jie Tourism Development Co., Ltd., it maintains subsidiaries and associates in tourist attractions, real estate, hotels, restaurants, and entertainment. In recent developments, the company entered bankruptcy restructuring approved by the Zhangjiajie Intermediate People's Court in November 2025, with pre-restructuring since October 2024, culminating in a Restructuring Investment Agreement signed in November 2025 with investors including Electric Broad Media, Mango Ultra Media, Mango Cultural Tourism, Caissa Tourism, and others to revitalize assets like Dayong Ancient City into media and tourism hubs. It also signed strategic cooperation agreements in January 2025 with Hunan TV & Broadcast Intermediary for cultural tourism integration and in April 2025 with Caesar Tongsheng Development Co., Ltd. for global tourism promotion, alongside partnerships involving Trip.com Group for inbound tourism packages.