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"Mr. Tong, please read the document from the city for everyone," Mr. Song handed the official red-headed document to Mrs. Tong. Accepting the document, Mrs. Tong cleared her throat, stood up, and began to read it, announcing the city's decision on the restructuring of the zoo.
Everyone had more or less guessed the contents of the decision. The zoo was a type two public institution and was looking to shift towards type three status.
It would be financially self-sufficient, with profits only subject to normal taxation and not required to be turned over to the government. However, should there be losses, the government would not intervene. If it became impossible to continue operations, the zoo would go through closure, bankruptcy, or restructuring through mergers.