Kejie advised Chuanqi Tourism Investment Co.,Ltd. (“Chuanqi Tourism”) on the formation of the joint venture in Beijing with Beijing Badaling Tourism Corporation (“Badaling Tourism”) for the purpose of development of travel and leisure business mainly within the Badaling Great Wall Scenic Area located at Yanqing County, Beijing. The joint venture will be owned as to 70% by Chuanqi Tourism and as to 30% by Badaling Tourism upon establishment.

The legal service Kejie provided for this transaction includes, among others, (i) drafting and revising the transaction documents; (ii) participating in the commercial and legal negotiation.

Chuanqi Tourism is a 60% non-wholly owned subsidiary of Beijing Beida Jade Bird Universal Sci-Tech Company Limited, a joint stock company with its H shares listed on the Growth Enterprise Market of the Stock Exchange of Hong Kong.

Kejie team was led by partner He Jie and included Cao Lei, Chen Guangyao, Liu Bo and Cai Wei.