SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report:
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| incorporation or organization | Identification No.) |
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Securities registered pursuant to Section 12(b) of the Act:
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| None | None | Not Applicable |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 1.01 Entry into a Material Definitive Agreement
On December 11, 2024 the Registrant’s operating subsidiary, Beijing Tongzhilian Cultural Development Co., Ltd. (“Tongzhilian”), entered into a Travel Agency Cooperation Agreement (the “Agreement”) with Shanghai Ctrip International Travel Services Co., Ltd. (“Ctrip”). Pursuant to the Agreement:
| ● | Tongzhilian will provide booking, arrangement and reception services for tours organized by Ctrip; |
| ● | Tongzhilian will provide SCITS and its affiliates with individual tourism elements (transportation, meals, attraction tickets, etc.) that are otherwise marketed by Tongzhilian; and |
| ● | Ctrip will serve as non-exclusive sales agent for Tongzhilian’s package tours, and may integrate Tongzhilian package tours with Ctrip’s package tours. |
When Ctrip serves as sales agent for Tongzhilian’s tourism elements, the sales price will be determined by Tongzhilian and the settlement price will be jointly agreed by SCITS and Tongzhilian. Tongzhilian agrees that the prices charged to Ctrip’s customers will not exceed prices charged through Tongzhilian’s own channels.
The Agreement may be terminated by either party on December 10, 2026 or on any anniversary of that date.
Item 9.01 Financial Statements and Exhibits
| Exhibits | ||
| 10 | English translation of Travel Agency Cooperation Agreement dated December 11, 2024 between Beijing Tongzhilian Cultural Development Co., Ltd. and Shanghai Ctrip International Travel Service Co., Ltd. | |
| 104 | Cover page interactive data file (embedded within the iXBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MAITONG SUNSHINE CULTURAL DEVELOPMENT CO., LIMITED | ||
| Dated: December 13, 2024 | By: | /s/ Huang Fang |
| Huang Fang | ||
| Chief Executive Officer | ||
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