中青旅控股股份有限公司 关于续聘会计师事务所的公告 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。 重要内容提示: 拟聘任的会计师事务所名称： 安永华明会计师事务所（特殊普通合伙） 一、拟聘任会计师事务所的基本情况 证券代码：600138 证券简称：中青旅 公告编号：临 2023-032 （一）机构信息 1. 基本信息 安永华明会计师事务所（特殊普通合伙）以下简称"安永华明"，于 1992 年 9 月成立，2012 年 8 月完成本土化转制，从一家中外合作的有限责任制事务 所转制为特殊普通合伙制事务所。安永华明总部设在北京，注册地址为北京市东 城区东长安街 1 号东方广场安永大楼 17 层 01-12 室。截至 2022 年末拥有合伙人 229 人，首席合伙人为毛鞍宁先生。安永华明一直以来注重人才培养，截至 2022 年末拥有执业注册会计师 1818 人，其中拥有证券相关业务服务经验的执业注册 会计师超过 1500 人，注册会计师中签署过证券服务业务审计报告的注册会计师 超过 400 人。 安永华明 2022 年度业务总收入人 ...

证券代码：600138 证券简称：中青旅 编号：临 2023-030 中青旅控股股份有限公司 关于控股子公司公开挂牌出售资产的公告 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个别及连带责任。 重要内容提示： 一、交易概述 为促进景区业务发展，2013 年 11 月，公司控股子公司乌镇旅游股份有限公 司（下称"乌镇公司"）与桐乡市濮院金翔云旅游投资有限公司共同出资设立桐 乡市濮院旅游有限公司（下称"濮院公司"，具体情况详见公司临 2013-025 号 公告），致力于桐乡市濮院镇有机更新项目核心景区（下称"濮院景区"）开发。 根据项目初期规划，濮院景区用地面积 1050 亩，建筑规划面积 42 万平方米，建 设期 3 年，投资总额 46.01 亿元。 自 2016 年起，濮院景区启动建设，基于濮院镇镇区更新改造的整体安排， 景区历经多次调整，用地面积增加至1287亩，建筑规划面积增加至71万平方米， 投资总额增加至 71.39 亿元，项目开业时间从 2018 年 12 月推延至 2023 年 3 月。 中青旅控股股份有限公司（以下简称" ...

证券代码：600138 证券简称：中青旅 公告编号：临 2023-029 中青旅控股股份有限公司 关于召开 2023 年半年度业绩说明会的公告 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个别及连带责任。 重要内容提示： 投资者可于 2023 年 9 月 19 日(星期二)至 9 月 25 日（星期一） 16:00 前通过公司邮箱 zhqb@cyts.com 进行提问。公司将在说明会上 对投资者普遍关注的问题进行回答。 中青旅控股股份有限公司（以下简称"公司"）已于 2023 年 8 月 31 日发布公司 2023 年半年度报告，为便于广大投资者更全面深入地 了解公司 2023 年半年度经营成果、财务状况，公司计划于 2023 年 9 月 26 日下午 15:00-16:00 举行 2023 年半年度业绩说明会，就投资 者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2023 年半 年度的经营成果及财务指标的具体情况与投资者进行互动交流和沟 （网址：http://www.cs.com.cn/h ...

证券代码：600138 证券简称：中青旅 公告编号：临 2023-028 中青旅控股股份有限公司 为控股子公司提供担保的公告 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个别及连带责任。 重要内容提示: 同时，中青旅创格与交通银行股份有限公司北京东直门支行之间人民币 5 亿元额度《流动资金借款合同》已到期，出于业务发展需要，双方拟续签人民币 5 亿元流动资金借款合同，原合同中涉及的未还借款纳入本次借款合同额度范围 内。公司与交通银行股份有限公司北京东直门支行签订《保证合同》，为人民币 5 亿元额度的流动资金借款提供担保。北京中盛宜管理咨询有限公司作为中青旅 创格的少数股东, 按其持有的股权比例为本次担保提供反担保。本次担保完成后， 公司对中青旅创格的担保余额为 17.75 亿元、可用担保额度为 2.25 亿元。 前述担保在公司 2023 年度担保计划额度内，无需另行提交公司董事会、股 东大会审议。 二、被担保人基本情况 （一）中青博联 一、担保情况概述 中青旅控股股份有限公司（以下简称"公司"）于 2023 年 3 月 30 日召开第 ...

Financial Performance - The company's operating revenue for the first half of 2023 reached ¥4,178,344,052.51, representing a 45.97% increase compared to ¥2,862,457,149.62 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was ¥106,473,980.44, a significant recovery from a loss of ¥204,883,156.09 in the previous year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥100,128,665.68, compared to a loss of ¥214,842,705.71 in the same period last year[23]. - The basic earnings per share for the first half of 2023 was ¥0.1471, a turnaround from a loss of ¥0.2831 per share in the previous year[24]. - The weighted average return on net assets increased by 5.03 percentage points to 1.75% from -3.28% in the same period last year[24]. - The company reported a non-recurring profit of 6.35 million yuan for the period, after accounting for taxes and minority interests[26]. - The company’s total comprehensive income for the first half of 2023 was CNY 162,851,027.83, compared to a total comprehensive loss of CNY 314,862,112.20 in the same period of 2022[116]. Assets and Liabilities - The total assets at the end of the reporting period were ¥17,930,217,983.30, reflecting a 2.08% increase from ¥17,564,752,231.70 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company increased by 1.82% to ¥6,129,083,687.73 from ¥6,019,611,594.10 at the end of the previous year[23]. - The company's total assets included ¥2,335,535,102.80 in receivables, which accounted for 13.03% of total assets, up from 12.32% last year[57]. - The company reported a total equity of 8,102,825,064.08 RMB as of the end of the reporting period[124]. - The total liabilities at the end of the reporting period were CNY 6,145,155,835.77, which is a decrease from CNY 6,348,224,400.09 at the end of the previous period[128]. Cash Flow - The net cash flow from operating activities was negative at -¥970,139.81, compared to -¥542,605,112.11 in the same period last year[23]. - The net cash flow from operating activities improved, with a net outflow of ¥970,139.81 compared to a significantly larger outflow of ¥542,605,112.11 in the previous year[54][55]. - The net cash flow from investing activities showed a reduced outflow of ¥257,296,172.81, down from ¥389,302,519.99 in the previous year[54][55]. - The net cash flow from financing activities decreased by 90.64%, amounting to ¥84,351,824.65 compared to ¥901,224,304.54 in the same period last year[54]. - The cash and cash equivalents at the end of the period were ¥1,010,589,522.01, a decrease of 15.55% from ¥1,196,646,582.45 at the end of the previous year[57]. Market and Industry Trends - In the first half of 2023, domestic tourism in China saw a total of 2.384 billion trips, an increase of 929 million trips year-on-year, representing a growth of 63.9% and recovering to 77% of the 2019 levels[31]. - Domestic tourism revenue reached 2.3 trillion yuan, an increase of 1.12 trillion yuan compared to the previous year, reflecting a growth of 95.9% and recovering to 82% of the 2019 levels[31]. - The international tourism market is recovering, with global tourist numbers expected to reach 80% to 95% of pre-pandemic levels in 2023, while outbound tourism from China is projected to recover to about 30% of 2019 levels[32][33]. Business Strategy and Operations - The company aims to be a "first-class domestic tourism comprehensive service provider," with core businesses including travel agency services, integrated marketing, scenic area operations, and hotel management[28]. - The company has established a multi-platform structure, integrating travel agencies, marketing services, scenic area management, and hotel operations, while exploring innovative business development paths in cultural tourism[30]. - The company has diversified its operations across scenic area investment, hotel management, and integrated marketing, seeking breakthroughs in cultural tourism integration[37]. - The company is actively expanding into new cultural tourism projects, including the operation of the Ziqiao Terrace scenic area and cultural planning projects in Suining[51]. - The company is focusing on digital marketing and smart exhibition services, launching new digital products to enhance operational efficiency[47]. Shareholder and Equity Information - The total number of ordinary shareholders as of the end of the reporting period is 72,748[92]. - The largest shareholder, China Qinglvg Group Co., Ltd., holds 124,305,000 shares, representing 17.17% of total shares[94]. - The company did not distribute profits or increase capital reserves in the first half of 2023, with no dividends or stock bonuses issued[72]. Risk Management and Compliance - The company acknowledges risks from macroeconomic fluctuations affecting consumer behavior in the tourism industry, and plans to diversify its offerings to mitigate these risks[68]. - The company has established emergency mechanisms to address potential impacts from natural disasters and pandemics on tourism demand[69]. - The company has committed to maintaining strict compliance with regulations regarding related party transactions to protect shareholder interests[82]. - There were no significant lawsuits or arbitration matters reported during the reporting period[84]. Environmental and Social Responsibility - The company actively responded to national environmental policies, promoting waste sorting and sustainable practices in tourism operations[76]. - In the first half of 2023, the company focused on poverty alleviation and rural revitalization, implementing a plan to enhance local economic development through tourism[78]. - The company emphasized the integration of cultural tourism with rural development, aiming to boost local economies through targeted projects[79].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,657,756,086.53, representing a year-on-year increase of 20%[3] - The net profit attributable to shareholders was a loss of CNY 4,801,532.12, compared to a loss of CNY 112,054,142.13 in the same period last year[5] - The net cash flow from operating activities was a negative CNY 56,478,835.01, an improvement from a negative CNY 348,961,625.60 in the previous year[5] - The weighted average return on net assets was -0.08%, improving from -1.78% in the same period last year[5] - The basic and diluted earnings per share were both -0.0066, compared to -0.1548 in the previous year[5] - The net profit attributable to the parent company for Q1 2023 was -4,801,532.12 RMB, compared to -112,054,142.13 RMB in Q1 2022, indicating a significant improvement[21] - The total comprehensive income for Q1 2023 was -17,034,584.70 RMB, compared to -178,542,192.12 RMB in the same period last year, reflecting a reduction in losses[21] - Net profit for Q1 2023 was a loss of ¥15,559,326.43, compared to a loss of ¥177,822,237.83 in Q1 2022, indicating an improvement in financial performance[20] Revenue and Visitor Statistics - The Wuzhen Scenic Area received 1.2742 million visitors, a year-on-year increase of 626.45%, generating revenue of CNY 0.331 billion, up 137.59%[10] - The Gubei Water Town welcomed 248,500 visitors, a year-on-year increase of 19.59%, with revenue of CNY 0.165 billion, up 10.43%[11] - The integrated marketing business achieved revenue of CNY 0.239 billion, a year-on-year increase of 43.61%[11] - In Q1 2023, the company achieved operating revenue of CNY 1.658 billion, a year-on-year increase of 20.00%[9] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 17,335,561,996.32, down 1.30% from CNY 17,564,752,231.70 at the end of the previous year[4] - Total liabilities for Q1 2023 were ¥9,251,042,766.18, a decrease from ¥9,461,927,167.62 in the previous period[17] - Current assets totaled ¥5,896,766,292.77, down from ¥6,119,605,698.33, indicating a decline of approximately 3.6%[17] - The total equity as of Q1 2023 was CNY 3,179,704,180.95, slightly down from CNY 3,184,599,234.57 in Q1 2022[28] Cash Flow and Liquidity - As of March 31, 2023, the company's cash and cash equivalents were CNY 975.93 million, down from CNY 1.197 billion at the end of 2022[15] - The total cash inflow from financing activities in Q1 2023 was 1,117,800,000.00 RMB, compared to 1,736,200,000.00 RMB in Q1 2022, indicating a decrease of approximately 36%[25] - The net cash flow from financing activities for Q1 2023 was 48,317,767.46 RMB, a decline from 776,861,030.14 RMB in the previous year[25] - The cash inflow from operating activities in Q1 2023 was 2,045,427,782.79 RMB, up from 1,825,291,103.43 RMB in Q1 2022, showing a year-over-year increase of approximately 12%[23] Strategic Initiatives - The company is focusing on gradually releasing tourism consumption potential as the market shows signs of recovery[5] - The company launched new smart features in scenic areas, including facial recognition and self-service language guides, to enhance visitor experience[10] - The hotel business reported revenue growth, continuing its digital transformation to improve service quality[13] - The company is actively expanding outbound tourism products, successfully launching trips to Thailand, Egypt, UAE, New Zealand, and Serbia[12] - The company maintains stable development in strategic investment, contributing to steady income and profit[14] Research and Development - The company reported an increase in research and development expenses to ¥2,397,214.28 from ¥2,283,992.56 year-over-year[20] - Research and development expenses for Q1 2023 were CNY 152,853.65, significantly higher than CNY 15,000.00 in Q1 2022, indicating increased investment in innovation[29] Operational Costs - Total operating costs for Q1 2023 were ¥1,654,200,113.01, up from ¥1,564,634,795.26 in Q1 2022, reflecting a rise of approximately 5.5%[20] - The total operating cash outflow for Q1 2023 was 2,101,906,617.80 RMB, compared to 2,174,252,729.03 RMB in Q1 2022, reflecting a decrease of about 3%[24] - Operating costs for Q1 2023 were CNY 8,577,765.38, down from CNY 13,561,846.19 in the same period last year, reflecting a reduction of 36.5%[29]

Financial Performance - The company's operating revenue for 2022 was approximately ¥6.42 billion, a decrease of 25.69% compared to ¥8.64 billion in 2021[22]. - The net profit attributable to shareholders of the listed company was approximately -¥333.55 million, a significant decline from a profit of ¥21.23 million in 2021, representing a decrease of 1,670.90%[22]. - The net cash flow from operating activities was -¥312.16 million, a decrease of 134.51% compared to ¥904.53 million in 2021[22]. - The total assets at the end of 2022 were approximately ¥17.56 billion, a slight increase of 0.66% from ¥17.45 billion at the end of 2021[22]. - The net assets attributable to shareholders of the listed company decreased by 5.18% to approximately ¥6.02 billion from ¥6.35 billion in 2021[22]. - The basic earnings per share for 2022 was -¥0.46, compared to ¥0.03 in 2021, reflecting a significant decline[23]. - The weighted average return on net assets was -5.40% for 2022, down from 0.34% in 2021, a decrease of 5.74 percentage points[23]. - The company reported a net profit attributable to shareholders was -334 million RMB for the year[31]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, was -417,718,633.90 RMB, a significant decline compared to -114,582,084.22 RMB in the previous year[182]. Revenue Breakdown - In 2022, the company achieved revenue of 10.47 billion yuan in integrated marketing, a year-on-year decrease of 39.56% due to project delays caused by the pandemic[37]. - The hotel business reported revenue of 320 million yuan, down 17.39% year-on-year, while focusing on digital transformation and personalized service to enhance customer experience[39]. - The revenue from scenic area operations fell by 45.08%, with a gross margin of 53.89%[56]. - The company's marketing services revenue declined by 39.56%, while the gross margin for this segment was 27.11%[56]. - The total revenue from tourism products decreased by 14.94% year-over-year, amounting to approximately CNY 332.77 million, which represents 6.18% of total costs[58]. - Integrated marketing services revenue dropped by 40.23% year-over-year, totaling CNY 762.82 million, accounting for 14.16% of total costs[58]. Visitor Statistics - The Wuzhen scenic area received 1.1558 million visitors in 2022, a decline of 68.65% year-on-year[32]. - The Wuzhen scenic area generated revenue of 629 million RMB, down 64.22% compared to the previous year[32]. - The Gubei Water Town scenic area welcomed 1.1295 million visitors, a decrease of 25.70% year-on-year[34]. - The Gubei Water Town generated revenue of 688 million RMB, reflecting a decline of only 10.44% year-on-year[34]. Strategic Initiatives - The company focused on product innovation and service quality enhancement in response to the pandemic[32]. - The company plans to strengthen its marketing strategies by leveraging new channels such as live streaming[33]. - The company aims to improve its reception capacity and service levels by enhancing supporting facilities[33]. - The company is actively pursuing strategic investments, which have provided stable profit contributions during the pandemic[42]. - The company aims to become a "domestic first-class comprehensive tourism service provider" and focuses on enhancing core capabilities in tourism destination investment, operation, and management[78]. - The company plans to enhance its capital operation capabilities by broadening financing channels under the "Capital Integration" action plan[79]. Governance and Compliance - The company is committed to enhancing its governance structure and ensuring compliance with relevant regulations to protect shareholder interests[87]. - The company has a dedicated board of directors and supervisory board to ensure effective oversight and decision-making processes[88]. - The company prioritizes transparent information disclosure and investor relations to foster trust and understanding among stakeholders[90]. - The company has implemented comprehensive internal control measures, with no significant defects identified in design or execution as of the reporting period[91]. - The company maintained strict compliance with insider information management, with no incidents of insider trading reported during the period[93]. Risk Management - The company has established emergency mechanisms to address risks from major pandemics and natural disasters that could impact tourism[84]. - The company reported a significant increase in research and development expenses by 35.31% to CNY 12.65 million[55]. - The company recognizes that the modernization of the tourism industry will require increased innovation and adaptation to new market conditions[76]. Social Responsibility - Total donations for social responsibility projects amounted to CNY 300,000, benefiting 300 individuals[136]. - The company invested CNY 1,170,000 in poverty alleviation and rural revitalization projects, impacting 500 people[136]. - The company actively promotes waste sorting and environmental awareness among tourists in its operations[132]. - The company has a commitment to sustainable development, as indicated by the separate disclosure of its social responsibility report[134]. Shareholder Information - The company has a total of 66,558 common shareholders as of the end of the reporting period, an increase from 63,504[163]. - The report indicates that the actual controller of the company is the State Council, which holds 100% control through China Everbright Group[170]. - The company has not reported any changes in its controlling shareholder during the reporting period[168]. Future Outlook - The company anticipates that the tourism industry will continue to recover, driven by new consumption trends, which will be a significant engine for economic growth[77]. - The company provided a future outlook with a revenue guidance of 1.5 billion RMB for the next quarter, representing a 25% increase compared to the current quarter[104]. - The company plans to implement a new marketing strategy aimed at increasing brand awareness, with a budget allocation of 200 million RMB[104].

证券代码：600138 证券简称：中青旅 公告编号： 临2023-013 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 03 月 31 日(星期五) 至 04 月 06 日(星期 四)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目进 行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 中青旅控股股份有限公司（以下简称"公司"）已于 2023 年 4 月 1 日披露公司 2022 年度报告，为便于广大投资者更全面深入地了解 公司 2022 年度经营成果、财务状况，公司计划于 2023 年 04 月 07 日 下午 16:00-17:00 举行 2022 年度业绩说明会，就投资者关心的问题 进行交流。 一、 说明会类型 中青旅控股股份有限公司 关于召开 2022 年度业绩说明会的公告 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个别及连带责任。 重要内容提示： http://roadshow.sseinfo.com/） 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度 会议召开时间：202 ...

中青旅控股股份有限公司 投资者调研内容纪要 时间：2022 年 4 月 29 日 方式：电话调研 接待人：董事会秘书 范思远 出 席：天风证券、民生商社等 调研内容纪要： 1.公司在疫情期间修炼内功方面做了哪些准备？ 一方面是公司应对疫情快速反弹的能力增强，各版块业务在成本控制、人员 稳定等方面摸索出有效经验，受疫情影响时相应的控制成本措施比较成熟，当疫 情好转后客流量增长，在人员有限的情况下如何保证服务质量和产品供给积累了 较多经验，摸索了一套有效方式。另一方面是在淡季的时候对老旧的民宿做了很 多改造， 对服务行业最重要的是在波动的情况下怎么管好人、控制好成本，需要的时 候调得出人手保障业务恢复。 2.中央政治局会议定调非常积极，市场反馈也很积极。您预期稳增长扩内需和 纾困扶持政策对公司有哪些帮助？另外公司的中青旅大厦是收租的，会有租户 要求提供扶持吗？ 对于纾困政策包括国家最近出台的一系列政策，我们下属企业，尤其是旅行 社和景区企业都在向政府寻求支持，我们都在积极争取。 大厦的租金情况还好，因为对于租赁优惠的对象是小微企业，而我们的租户 中国企和金融机构占比比较高。20 年收到过一些诉求，我们也相应有优惠 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,951,921,398.08, a decrease of 27.99% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2022 was ¥33,870,239.33, an increase of 831.18% year-on-year[5]. - The basic earnings per share for Q3 2022 was ¥0.0468, reflecting an increase of 831.18% compared to the same period last year[8]. - For the first three quarters of 2022, the company reported total operating revenue of RMB 4.814 billion, a year-on-year decline of 22.73%, with a net profit of -RMB 171 million[19]. - The net profit attributable to shareholders for the year-to-date was ¥-171,012,916.76, a decrease of 558.96% year-on-year[5]. - The net profit for the current period was -276,024,264.60 CNY, compared to a net profit of 59,735,328.00 CNY in the same period last year, representing a significant decline[40]. - The total profit for the current period was -258,035,620.33 CNY, down from 115,747,477.56 CNY in the previous year[40]. - The operating profit for the current period was -263,380,856.38 CNY, compared to an operating profit of 104,099,769.21 CNY in the same period last year[40]. - Net profit for the current period is 29,556,663.01, down from 37,543,403.70, indicating a decrease of about 21%[59]. Assets and Liabilities - The total assets at the end of the reporting period were ¥17,511,013,374.64, representing a slight increase of 0.35% from the end of the previous year[8]. - Total assets increased to CNY 17,511,013,374.64 from CNY 17,449,433,532.69, reflecting a growth of 0.35%[35]. - Total liabilities rose to CNY 9,177,698,996.55 compared to CNY 8,826,137,524.04, an increase of 3.96%[35]. - Total equity decreased to CNY 8,333,314,378.09 from CNY 8,623,296,008.65, a decline of 3.36%[35]. - The total liabilities to equity ratio increased to 1.10 from 1.02, indicating a higher leverage position[35]. - The total current assets amounted to 1,266,652,390.91 CNY, an increase from 1,023,025,118.03 CNY, reflecting a growth of approximately 24.0%[53]. - The total liabilities reached 2,250,609,742.47 CNY, compared to 2,029,036,793.43 CNY, indicating an increase of about 10.9%[55]. - The total assets increased to 5,506,777,834.42 CNY from 5,256,110,378.72 CNY, marking a growth of approximately 4.7%[55]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥-336,134,214.63, a decrease of 152.07% compared to the same period last year[5]. - The company reported a decrease in cash flow from operating activities, with a net cash outflow of -336,134,214.63 CNY compared to a net inflow of 645,487,057.47 CNY in the previous year[46]. - The cash inflow from operating activities totaled 5,556,784,643.07 CNY, down from 7,023,448,109.42 CNY in the previous year[46]. - The net cash flow from investing activities was -846,790,630.27 CNY, compared to -558,914,500.27 CNY in the previous period, indicating a decline of approximately 51.5%[48]. - The total cash inflow from financing activities increased to 5,035,118,000.00 CNY, up from 3,787,567,103.00 CNY, representing a growth of about 33.0%[48]. - The net cash flow from financing activities was 630,252,194.50 CNY, a significant improvement from -291,065,251.22 CNY in the prior period[48]. - Cash flow from operating activities shows a net outflow of -589,307,216.22, significantly worse than the previous year's outflow of -85,145,719.06[63]. - Cash flow from investing activities resulted in a net outflow of -198,694,129.15, slightly worse than the previous year's outflow of -197,983,594.09[65]. - Cash flow from financing activities generated a net inflow of 390,494,546.33, an increase from the previous year's inflow of 209,602,708.18[65]. Visitor Statistics and Business Performance - The Wuzhen scenic area received 603,100 visitors in Q3 2022, a year-on-year decrease of 22.35%, but generated operating income of RMB 207 million, an increase of 4.79%[20]. - The Gubei Water Town welcomed 528,800 visitors in Q3 2022, a year-on-year increase of 4.71%, achieving operating revenue of RMB 308 million, up 13.47%[21]. - The company’s hotel business reported revenue of RMB 246 million in the first three quarters of 2022, a decline of 17.85%, with a net profit of -RMB 58 million[24]. - The integrated marketing business experienced a revenue drop of 38.33% year-on-year, totaling RMB 700 million, with a net profit of -RMB 28 million[21]. - In Q3 2022, the company achieved operating revenue of RMB 1.952 billion and a net profit of RMB 34 million, significantly improving performance despite ongoing pandemic impacts[19]. Strategic Initiatives - The company is focusing on product and service upgrades in scenic areas, launching new activities such as kayaking and camping to attract visitors[21]. - The company has been actively expanding its marketing resources and partnerships to enhance brand visibility and drive post-pandemic recovery[20]. - The company’s strategic investment business has maintained stable development, contributing consistent revenue and profit[26]. - The company is leveraging digital transformation to enhance operational efficiency and adapt to changing market conditions[24]. Expenses - Research and development expenses were CNY 6,219,476.45, significantly lower than CNY 15,052,429.96, a decrease of 58.69%[37]. - The company reported a significant increase in management expenses to 59,584,819.21 from 48,443,159.79, marking an increase of approximately 23%[59]. - Research and development expenses decreased to 15,000.00 from 3,736,535.72, indicating a substantial reduction[59]. - Interest expenses rose to 40,395,934.11 from 29,508,055.57, reflecting an increase of about 37%[59].