Maitong Sunshine Enters Material Definitive Agreement
Ticker: MGSD · Form: 8-K · Filed: Dec 13, 2024 · CIK: 2003750
| Field | Detail |
|---|---|
| Company | Maitong Sunshine Cultural Development Co., Ltd (MGSD) |
| Form Type | 8-K |
| Filed Date | Dec 13, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, 8-k, transportation-services
TL;DR
Maitong Sunshine just signed a big deal, filing an 8-K on Dec 11th.
AI Summary
Maitong Sunshine Cultural Development Co., Ltd. entered into a Material Definitive Agreement on December 11, 2024. The company, incorporated in Nevada, filed an 8-K report with the SEC on December 13, 2024, detailing this agreement. The filing also includes financial statements and exhibits related to the agreement.
Why It Matters
This filing indicates a significant new development or contract for Maitong Sunshine, which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — The filing of an 8-K for a Material Definitive Agreement suggests a significant event, but the lack of detail in the provided text makes it difficult to assess the specific risks involved.
Key Numbers
- 000-56677 — SEC File Number (Identifies the company's filings with the SEC.)
- 93-4332287 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Maitong Sunshine Cultural Development Co., Ltd (company) — Registrant
- December 11, 2024 (date) — Date of Material Definitive Agreement
- December 13, 2024 (date) — Filing Date of 8-K
- Nevada (jurisdiction) — State of Incorporation
FAQ
What is the nature of the Material Definitive Agreement?
The provided text does not specify the details of the Material Definitive Agreement, only that one was entered into on December 11, 2024.
What are the key terms or financial implications of this agreement?
The filing does not disclose specific terms or financial implications of the agreement in the provided excerpt.
Who are the parties involved in the Material Definitive Agreement?
The filing excerpt only identifies Maitong Sunshine Cultural Development Co., Ltd. as the registrant and does not name the other party to the agreement.
When was the 8-K filing officially submitted?
The 8-K filing was submitted on December 13, 2024.
What is Maitong Sunshine Cultural Development Co., Ltd.'s primary business sector?
The company's Standard Industrial Classification is listed as TRANSPORTATION SERVICES [4700].
Filing Stats: 551 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-12-13 08:00:26
Filing Documents
- ea0224543-8k_maitong.htm (8-K) — 27KB
- ea022454301ex10_maitong.htm (EX-10) — 303KB
- ex10_001.jpg (GRAPHIC) — 30KB
- 0001213900-24-108612.txt ( ) — 581KB
- mgsd-20241211.xsd (EX-101.SCH) — 3KB
- mgsd-20241211_lab.xml (EX-101.LAB) — 33KB
- mgsd-20241211_pre.xml (EX-101.PRE) — 22KB
- ea0224543-8k_maitong_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
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.
01 Financial Statements and Exhibits
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) 1
SIGNATURES
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 2