Core Viewpoint - The tourism industry, once expected to thrive, is now facing significant challenges, highlighted by the bankruptcy of Qinghai Tourism Investment Group and the struggles of various tourism companies despite an increase in domestic travel and spending [2][3][4][8]. Group 1: Industry Challenges - Qinghai Tourism Investment Group and its subsidiaries have filed for bankruptcy, shocking the tourism sector [3]. - The company, which aimed for significant growth and public listing, mismanaged its resources, leading to a loss of 4.8 billion in registered capital [4]. - 44 listed companies in the tourism sector reported their Q1 earnings, with 25 experiencing negative revenue growth, accounting for 56.8% of the total [4]. Group 2: Financial Performance - Major airlines like China Southern Airlines, China Eastern Airlines, and Air China reported substantial losses in Q1, with losses of 747 million, 995 million, and 2.044 billion respectively [7]. - Despite a 26.4% increase in domestic travel and an 18.6% rise in spending, the tourism industry is struggling financially [8][9]. Group 3: Market Dynamics - The tourism market is saturated, with an increase in A-level scenic spots and travel agencies, yet average income has dropped by nearly 40% [31]. - Online travel platforms like Ctrip and Tongcheng are thriving, with Ctrip reporting a net profit of approximately 4.3 billion in Q1, showcasing the "shovel effect" where service providers profit while actual tourism businesses struggle [28][30]. Group 4: Shifts in Consumer Behavior - The tourism industry is transitioning to a 2.0 era, where experiential value is prioritized over mere scarcity of resources [46][50]. - Successful attractions like Jiuhua Mountain and Disney have capitalized on immersive experiences, contrasting with traditional scenic spots that fail to adapt [39][41]. Group 5: Future Outlook - Many tourism platforms are likely to face severe financial difficulties or bankruptcy if they cannot adapt to the changing market dynamics and consumer preferences [55][56]. - The current environment suggests a need for a significant restructuring within the tourism sector to eliminate ineffective players and allow successful entities to thrive [58][59].

Core Points - The company held its first meeting of the tenth board of directors on June 12, 2025, with all 11 directors present, including 3 via video conference [1] - The board elected Ni Yangping as the chairman and Zhao Peng as the vice chairman, both serving terms consistent with the tenth board [1][2] - The board established various specialized committees, appointing independent directors as chairs, with terms aligned with the board's duration [2] - Zhao Peng was appointed as the company's president, with his term also aligned with the tenth board [2][3] - The board appointed Gao Luhua as the secretary of the board and Li Lan as the securities affairs representative, both serving terms consistent with the tenth board [3] Committee Appointments - The Audit Committee will be chaired by independent director Dou Chao [2] - The Nomination Committee will be chaired by independent director Li Renzhi [2] - The Remuneration and Assessment Committee will be chaired by independent director Li Juhe [2] - The Sustainable Development Committee will be chaired by director Ni Yangping [2] Management Profiles - Zhao Peng, born in September 1973, has a background in economics and extensive experience in risk management and compliance within China Everbright Bank [4] - Gao Luhua, born in March 1971, holds a degree in management and has served in various financial management roles within China Everbright Bank [5] - Liu Zhuofei, born in August 1981, has a graduate degree and has held managerial positions in financial services and investment within China Everbright Group [6] - Li Lan, born in July 1982, is a lawyer with a master's degree in management and has experience in legal and compliance roles within the company [7]

Group 1 - The company held its first extraordinary general meeting on June 27, 2025, in compliance with relevant laws and regulations [1][5][19] - The meeting was attended by a total of 580 participants, representing 188,919,074 shares, which accounted for 26.0995% of the total voting shares [6][19] - The meeting's resolutions were passed with significant majority votes, including the election of new board members [8][10][19] Group 2 - The legal opinion issued confirmed that the procedures for convening and holding the general meeting complied with the Company Law and Securities Law [3][19] - The voting results showed that the majority of shareholders supported the proposed resolutions, with some resolutions receiving over 94% approval [7][19] - The participation of minority investors was noted, with 84.1610% of them voting in favor of the resolutions [7][19]

Core Viewpoint - The announcement details the election of a staff representative director for the board of directors of China Youth Travel Holdings Co., Ltd. [1] Group 1: Election Announcement - The company held a staff representative meeting to elect a staff representative director, Ms. Bu Fangfang, for the tenth board of directors [1] - The term of the newly elected staff representative director aligns with that of the tenth board of directors [1] Group 2: Director Profile - Ms. Bu Fangfang, born in December 1979, holds a bachelor's degree in literature and is a member of the Communist Party [1] - She has held various positions within the company, including Deputy General Manager of the Marketing Promotion Department and Executive General Manager of the Content Creation Department at CYTS Travel Network [1] - Currently, she serves as the Director of the Party Committee Office/Company Office and Vice Chairman of the Labor Union [1] - There are no related party relationships with the company's directors or senior management, and she holds no shares in the company [1]

证券代码：600138 证券简称：中青旅 公告编号：2025-028 中青旅控股股份有限公司 2025年第一次临时股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 06 月 27 日 (二)股东大会召开的地点：中青旅大厦 2009 会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 580 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 188,919,074 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 26.0995 | (四)表决方式是否符合《公司法》及《公司章程》规定，股东大会主持情况等。 1.00 关于选举公司第十届董事会董事的议案 1.01 议案名称：关于选举倪阳平先生为公司第十届董事会董事的议案 审议结果：通过 表决情况： | 股东类 ...

证券代码：600138 证券简称：中青旅 公告编号：临 2025-029 中青旅控股股份有限公司 第十届董事会第一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中青旅控股股份有限公司（以下简称"公司"）第十届董事会第一次会议于 2025 年 6 月 27 日以现场和视频相结合的方式在公司 2009 会议室召开。会议通 知及会议文件于 2025 年 6 月 12 日以电子邮件方式送达董事。会议应到董事 11 人，实到董事 11 人，其中以视频方式出席的董事 3 人。公司高级管理人员列席 会议，会议由董事长倪阳平主持。会议的召开符合《公司法》和公司《章程》的 规定，会议以记名投票表决的方式审议通过了以下事项： 一、关于选举公司第十届董事会董事长的议案 二、关于选举公司第十届董事会副董事长的议案 表决结果：通过。 根据《公司法》和公司《章程》的有关规定，第十届董事会选举倪阳平先生 为公司董事长，任期与公司第十届董事会一致。 11 票赞成，0 票反对，0 票弃权。 表决结果：通过。 根据《公司法》和公司《章程》的有关 ...

北京市金杜律师事务所 关于中青旅控股股份有限公司 2025 年第一次临时股东大会的法律意见书 致：中青旅控股股份有限公司 北京市金杜律师事务所（以下简称本所）接受中青旅控股股份有限公司（以 下简称公司）的委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会 （以下简称中国证监会）《上市公司股东会规则（2025 年修订）》（以下简称 《股东会规则》）等中华人民共和国境内（以下简称中国境内，为本法律意见书 之目的，不包括中国香港特别行政区、中国澳门特别行政区和中国台湾省）现行 有效的法律、行政法规、部门规章、规范性文件和现行有效的《公司章程》有关 规定，指派律师出席了公司于 2025 年 6 月 27 日召开的 2025 年第一次临时股东 大会（以下简称本次股东大会），并就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1. 经公司 2023 年年度股东大会审议通过的《中青旅控股股份有限公司章程》 （以下简称《公司章程》）； 2. 公司于 2025 年 6 月 12 日刊登于 ...

根据《中青旅控股股份有限公司章程》的规定，中青旅控股股份有限公司（以 下简称"公司"）董事会设一名职工代表担任的董事，由公司职工通过职工代表 大会、职工大会或者其他民主形式选举产生。 股票代码：600138 股票简称：中青旅 编号：临 2025-030 中青旅控股股份有限公司 关于选举职工代表董事的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中青旅控股股份有限公司 二〇二五年六月二十八日 公司近日以现场方式召开职工代表大会，会议选举卜方方女士为公司第十届 董事会职工代表董事，任期与第十届董事会一致。 本次职工代表大会选举产生的职工代表董事简历如下： 卜方方，女，1979 年 12 月生，大学本科学历，文学学士，中共党员。历任 中青旅控股股份有限公司市场推广部副总经理，中青旅遨游网总部内容创意部执 行总经理，中青旅控股公司联盟秘书处副秘书长，办公室/党委办公室副主任， 党群工作部部长。现任中青旅控股股份有限公司党委办公室/公司办公室主任、 工会副主席。与本公司董事、高级管理人员不存在关联关系，与本公司实际控制 人、持股 ...

Core Viewpoint - The announcement details the upcoming 2025 First Extraordinary General Meeting of Shareholders for China Youth Travel Holdings Co., Ltd., scheduled for June 27, 2025, with provisions for both on-site and online voting [1][2]. Meeting Details - The meeting will be held on June 27, 2025, at 14:30 in the 2009 conference room of China Youth Travel Building [2]. - The voting will be conducted through a combination of on-site and online methods using the Shanghai Stock Exchange's online voting system [2]. - The network voting will be available from 9:15 to 15:00 on the day of the meeting [2]. Voting Procedures - Shareholders must ensure that their votes do not exceed their entitled voting rights, and any excess votes will be considered invalid [3][4]. - The voting process allows shareholders to use either the trading system or the internet voting platform for casting their votes [4][5]. - Shareholders holding multiple accounts can aggregate their voting rights across all accounts for the meeting [5][6]. Attendance and Registration - Only shareholders registered by the close of trading on the equity registration date (June 20, 2025) are entitled to attend the meeting [6]. - Proxy representatives must present specific documentation to register for attendance [6]. Additional Services - The company will utilize a reminder service to notify shareholders about the meeting and voting procedures via SMS [5].

中青旅控股股份有限公司 目 录 八、关于修订《董事、监事、高级管理人员薪酬管理制度》的议案68 九、关于制定《董事、高级管理人员离职管理制度》的议案 .... 69 中青旅 2025 年第一次临时股东大会会议文件之一 中青旅控股股份有限公司 关于选举公司第十届董事会董事的议案 中青旅控股股份有限公司（以下简称"公司"）第九届董事会任期已届满，根 据《中华人民共和国公司法》和《中青旅控股股份有限公司章程》的规定，公司第 九届董事会于 2025 年 6 月 11 日审议通过了《关于提名公司第十届董事会董事候选 人的议案》，提名倪阳平、赵朋、高鹭华、范思远、马韧韬、骆海菁为公司第十届 董事会董事候选人，任期三年。根据提名，本次会议审议议案如下： 以上议案，提请公司 2025 年第一次临时股东大会审议。 附件 1：第十届董事会董事候选人简历 附件 2：中青旅董事会关于提名公司第十届董事会董事候选人的专项说明 附件 1： 中青旅控股股份有限公司 第十届董事会董事候选人简历 倪阳平，男，1972 年 4 月生，研究生学历，工商管理硕士，管理学博士，中共 党员。历任北京机械工业学院宣传部干部，团中央实业发展管理中心办公室副 ...