Core Viewpoint - ST联合 reported a significant decline in revenue and net profit for Q1 2025, indicating ongoing financial challenges and a deteriorating operational performance compared to peers [1][3] Financial Performance - The company's total revenue for Q1 2025 was 87.06 million yuan, a decrease of 35.83 million yuan or 29.16% year-on-year [1] - The net profit attributable to shareholders was -8.54 million yuan, down by 4.16 million yuan compared to the same period last year [1] - Operating cash flow showed a net outflow of -32.84 million yuan, a reduction of 24.51 million yuan year-on-year [1] Key Financial Ratios - The latest debt-to-asset ratio stood at 81.95%, an increase of 3.63 percentage points from the previous quarter and 11.14 percentage points from the same period last year [3] - The gross profit margin was recorded at 6.27%, up by 1.27 percentage points from the previous quarter but down by 3.56 percentage points year-on-year [3] - Return on equity (ROE) was -11.18%, a decrease of 8.42 percentage points compared to the same period last year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share were -0.02 yuan, a decrease of 0.01 yuan year-on-year [3] - The total asset turnover ratio was 0.20 times, down by 0.01 times year-on-year, reflecting a decline of 6.27% [3] - The inventory turnover ratio was 2.84 times, a decrease of 2.09 times year-on-year, indicating a significant drop of 42.39% [3] Shareholder Structure - The number of shareholders was 27,300, with the top ten shareholders holding 199 million shares, accounting for 39.48% of the total share capital [3] - The largest shareholder, 江西省旅游集团股份有限公司, holds 19.57% of the shares [3]

公司于近日接到控股股东江旅集团的通知，获悉其将其持有的公司部分无限 售条件流通股进行了解除质押，具体事项如下： 证券代码：600358 证券简称：ST 联合 公告编号：2025-临 039 国旅文化投资集团股份有限公司 一、本次股份解质押基本情况 江旅集团于 2025 年 1 月 20 日将其持有的公司 46,000,000 股无限售条件流通 股股票质押给江西国控商业保理有限责任公司。（具体内容详见公司于 2025 年 1 月 22 日披露公告编号 2025-临 010《关于控股股东部分股份质押的公告》） 关于控股股东部分股份解除质押的公告 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: 国旅文化投资集团股份有限公司（以下简称"公司"）控股股东江西省 旅游集团股份有限公司（以下简称"江旅集团"）持有公司股份数量 98,803,000 股，占公司总股本的 19.57%。本次解除质押完成后，江旅集团持有公司股份累 计质押数量为 30,000,000 股，占其持股数量的 30.36%。 截至公告披露日，江旅集团剩余累 ...

证券代码：600358 证券简称：ST 联合 公告编号：2025-临 036 国旅文化投资集团股份有限公司 2024年年度股东大会决议公告 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。 (一)股东大会召开的时间：2025 年 4 月 28 日 (二)股东大会召开的地点：江西省南昌市东湖区福州路 169 号江旅产业大厦 A 座 19 层会议室 (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 | 107 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 117,191,492 | | 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（%） | 23.2091 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 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 本次会议由公司董事会召集，采取现场投票和网络投票相结合的方式召开，现场 会议由公司董事长何新跃先生主持。 ...

北京市嘉源律师事务所 关于国旅文化投资集团股份有限公司 2024 年年度股东大会的 法律意见书 西城区复兴门内大街 158 号远洋大厦 4 楼 中国·北京 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONG KONG·广州 GUANGZHOU·西安 XI'AN 致:国旅文化投资集团股份有限公司 北京市嘉源律师事务所 关于国旅文化投资集团股份有限公司 2024年年度股东大会的 法律意见书 嘉源(2025)-04-245 北京市嘉源律师事务所(以下简称"本所")接受国旅文化投资集团股份有 限公司(以下简称"公司")的委托,根据《中华人民共和国公司法》(以下简称 "《公司法》")、《上市公司股东大会规则》(以下简称"《股东大会规则》")等现 行有效的法律、行政法规、部门规章、规范性文件(以下简称"法律法规")以 及《国旅文化投资集团股份有限公司章程》(以下简称"《公司章程》")的有关规 定,指派本所律师对公司 2024年年度股东大会(以下简称"本次股东大会")进 行见证,并依法出具本法律意见书。 为出具本法律意见书,本所指派律师现场见证了本次股东大会,查阅了公司 提供的与本次股东大 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥87,056,909.60, a decrease of 29.16% compared to ¥122,885,649.47 in the same period last year[3] - The net profit attributable to shareholders was -¥8,536,345.13, compared to -¥4,378,126.01 in the previous year, indicating a worsening financial performance[3] - The net profit for Q1 2025 was -8,492,623.74 RMB, compared to -4,070,994.50 RMB in Q1 2024, indicating a decline in profitability[17] - The total comprehensive income for Q1 2025 was -8,315,033.68 RMB, compared to -4,939,386.78 RMB in Q1 2024, reflecting a worsening financial position[17] - The basic earnings per share were -¥0.0169, compared to -¥0.0087 in the previous year, reflecting a decline in profitability[3] - Basic and diluted earnings per share for Q1 2025 were both -0.0169 RMB, compared to -0.0087 RMB in Q1 2024, reflecting a decline in earnings[17] Cash Flow - The net cash flow from operating activities was -¥32,836,018.54, significantly lower than -¥8,324,921.21 in the same period last year, reflecting reduced cash inflow from sales[3] - Cash inflow from operating activities totaled 106,705,606.71 RMB in Q1 2025, down from 193,200,508.56 RMB in Q1 2024, showing a decline of approximately 44.7%[21] - Cash outflow from operating activities was 139,541,625.25 RMB in Q1 2025, compared to 201,525,429.77 RMB in Q1 2024, indicating a reduction of about 30.7%[21] - Cash flow from operating activities for Q1 2025 was -32,836,018.54 RMB, a significant decrease from -8,324,921.21 RMB in Q1 2024[21] - The company reported cash and cash equivalents at the end of Q1 2025 amounting to 52,423,868.88 RMB, down from 97,566,219.24 RMB at the end of Q1 2024[22] - The net cash flow from financing activities for Q1 2025 was 42,885,364.68 RMB, an increase from 34,916,776.39 RMB in Q1 2024[22] Assets and Liabilities - Total assets increased by 9.27% to ¥464,531,942.30 from ¥425,130,680.55 at the end of the previous year[3] - Total assets as of March 31, 2025, amounted to CNY 464,531,942.30, an increase from CNY 425,130,680.55 as of December 31, 2024[13] - Total liabilities increased to CNY 380,696,338.95 as of March 31, 2025, compared to CNY 332,980,043.52 at the end of 2024[13] - The equity attributable to shareholders decreased by 9.87% to ¥76,333,425.17 from ¥84,692,180.24 at the end of the previous year[3] - The total equity attributable to shareholders decreased to CNY 76,333,425.17 from CNY 84,692,180.24[13] Operational Metrics - Total operating revenue for Q1 2025 was CNY 87,056,909.60, a decrease of 29.2% compared to CNY 122,885,649.47 in Q1 2024[15] - Total operating costs for Q1 2025 were CNY 95,429,000.25, down 23.4% from CNY 124,547,389.03 in Q1 2024[15] - Operating profit for Q1 2025 was a loss of CNY 6,431,226.47, compared to a loss of CNY 1,443,707.97 in Q1 2024[15] - The company reported a net loss of CNY 8,452,101.77 for Q1 2025, compared to a net loss of CNY 2,481,862.25 in Q1 2024[15] Other Income and Expenses - Non-recurring gains and losses amounted to -¥219,375.65, after accounting for tax effects and minority interests[4] - Other income surged by 2,482.25%, primarily due to government subsidies received by a subsidiary, amounting to ¥1,500,000[6] - The company incurred a tax expense of 40,521.97 RMB in Q1 2025, compared to 1,589,132.25 RMB in Q1 2024, indicating a significant reduction[17] Accounts and Inventory - The company reported a 31.38% increase in prepaid accounts, indicating an increase in advance payments to suppliers[6] - The company experienced a 24.78% increase in accounts payable, suggesting a rise in outstanding payments to suppliers[6] - Accounts receivable increased to CNY 105,108,377.15, up 18.9% from CNY 88,394,225.71[11] - Inventory as of March 31, 2025, was CNY 31,208,572.90, an increase of 19.5% from CNY 26,160,264.35[11]

一、监事会召开情况 国旅文化投资集团股份有限公司（以下简称"公司"或"上市公司"）监事 会2025年第一次临时会议通知于2025年4月23日以电话、邮件等方式发出，本次 会议于2025年4月28日下午16:00在江西省南昌市东湖区福州路169号江旅产业大 厦A座19层会议室以现场结合通讯表决的方式召开。本次会议应出席监事3名，实 际出席监事3名。本次会议的出席人数符合召开监事会会议的法定人数。本次会 议由监事会主席蔡丰先生主持，公司高管人员列席了本次会议。本次会议的通知、 召开、表决程序符合《中华人民共和国公司法》《公司章程》等相关规定，会议 形成的决议合法、有效。 证券代码：600358 证券简称：ST 联合 公告编号：2025-临 038 国旅文化投资集团股份有限公司 监事会 2025 年第一次临时会议决议公告 本公司监事会及全体监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。 二、监事会会议审议情况 2025 年 4 月 29 日 2、公司 2025 年第一季度报告的内容和格式符合中国证监会和上海证券交易 所的各项规定，所包含的信息能从各个 ...

与会董事就议案进行了审议、表决，形成如下决议： 审议通过《关于公司 2025 年第一季度报告的议案》。表决结果为：7 票同 意，0 票反对，0 票弃权。 公司2025年第一季度实现营业收入8,705.69万元，营业利润-643.12万元，归 属公司股东净利润-853.63万元。该议案已经公司董事会预算与审计委员会2025 年第三次会议审议通过。具体内容详见公司同日在指定信息披露媒体披露的公告 《国旅文化投资集团股份有限公司2025年第一季度报告》。 特此公告。 国旅文化投资集团股份有限公司董事会 证券代码：600358 证券简称：ST 联合 公告编号：2025-临 037 国旅文化投资集团股份有限公司 董事会 2025 年第四次临时会议决议公告 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。 一、董事会召开情况 国旅文化投资集团股份有限公司（以下简称"公司"）董事会2025年第四次 临时会议通知于2025年4月23日以电话、邮件等方式发出，本次会议于2025年4 月28日下午15:30在江西省南昌市东湖区福州路169号江旅产业 ...

Market Performance - The Xiaohongshu concept stock increased by 0.08%, ranking 9th among concept sectors, with 23 stocks rising, including Tianyu Shuke, Lionhead Co., and ST United, which hit the daily limit [1] - The top gainers in the Xiaohongshu concept include Kewah Data, Qingmu Technology, and Wajinke, with increases of 7.53%, 5.99%, and 3.97% respectively [1] - The biggest losers in the sector were Zhongguang Tianze, Yidian Tianxia, and Jinhe Shangguan, with declines of 9.07%, 4.77%, and 3.90% respectively [1] Capital Flow - The Xiaohongshu concept saw a net inflow of 161 million yuan from main funds, with 23 stocks receiving net inflows, and 12 stocks exceeding 10 million yuan in net inflow [1] - Tianyu Shuke led the net inflow with 170 million yuan, followed by Meiri Hudong, Huibo Yuntong, and Kewah Data, with net inflows of 55.78 million yuan, 45.26 million yuan, and 33.34 million yuan respectively [1] - In terms of capital inflow ratios, Lionhead Co., Xuanya International, and Yakang Co. had the highest ratios at 25.56%, 8.99%, and 8.29% respectively [2] Stock Performance - Tianyu Shuke had a daily increase of 10.07% with a turnover rate of 20.42% and a main fund flow of 170.19 million yuan [2] - Other notable performers included Meiri Hudong with a 3.85% increase and a turnover rate of 26.68%, and Huibo Yuntong with a 2.40% increase and a turnover rate of 10.35% [2] - The overall market saw various stocks with significant declines, including Zhongguang Tianze with a drop of 9.07% and a main fund outflow of 39.03 million yuan [5]

证券代码：600358 证券简称：ST 联合 公告编号：2025-临 035 国旅文化投资集团股份有限公司 关于召开 2024 年年度股东大会的通知 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： 一、 召开会议的基本情况 召开的日期时间：2025 年 4 月 28 日 14 点 00 分 召开地点：江西省南昌市东湖区福州路 169 号江旅产业大厦 A 座 19 层会议 室 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 股东大会召开日期：2025年4月28日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (一) 股东大会类型和届次 2024 年年度股东大会 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 网络投票起止时间：自 2025 年 4 月 28 日 至 2025 年 4 月 28 日 无 二、 会议审议事项 序 号 议案名称 ...