Core Viewpoint - The tourism sector is gaining attention as the National Day holiday approaches, with significant trading volume in the tourism ETF (562510) reaching a year-high on September 8 at 178 million [1] Group 1: Market Performance - On September 10, scenic spots and hotels showed active performance, while the tourism ETF (562510) experienced slight fluctuations [1] - Key holdings such as Dalian Shengya, Changbai Mountain, Jinling Hotel, Juntin Hotel, and Zhongxin Tourism led the gains, while the airline sector generally adjusted, negatively impacting the tourism sector's performance [1] Group 2: ETF and Index Tracking - The tourism ETF (562510) tracks the CSI Tourism Theme Index, covering various segments including tourist attractions, airports, retail tourism, and hotel catering [1] Group 3: Catalysts for Growth - The tourism sector is expected to benefit from multiple catalysts such as the National Day holiday, expansion of visa-free policies, and optimization of tax refund policies [1]

Group 1 - The core point of the announcement is that Dalian Sunasia Tourism Holding Co., Ltd. plans to sign a "Settlement Agreement" with Chongqing Shunyuan, a shareholder of the Zhenjiang project company, after obtaining necessary approvals [1][2][3] - The "Settlement Agreement" is subject to approval by the respective authorities of both parties and will define their rights and obligations [2][3] - The company held a board meeting on September 9, 2025, where the proposal to sign the "Settlement Agreement" was approved and is pending shareholder meeting review [3][4] Group 2 - The background of the transaction involves an investment agreement signed in December 2018, where Dalian Sunasia agreed to transfer part of its equity in Zhenjiang Dabaijing Ocean World to investors [4][5] - In 2019, the investors established a tourism special fund, raising 250 million yuan, with Dalian Sunasia's subsidiary contributing 125 million yuan [4][5] - Due to financial shortages and shareholder disputes, the Zhenjiang project has been suspended since October 2020, prompting negotiations for the "Settlement Agreement" to resolve disputes and facilitate project resumption [4][5] Group 3 - The main terms of the "Settlement Agreement" include Dalian Sunasia agreeing to pledge its 29.02% equity in Zhenjiang Dabaijing after lifting the freeze, with a pledge period initially set at five years [6][7] - If Dalian Sunasia fails to complete the equity pledge, it must provide equivalent bank deposits or other assets as collateral, with penalties for non-compliance [7][8] - Dalian Sunasia is also required to pledge animal assets valued at 50 million yuan within ten working days after signing the agreement [8][9] Group 4 - The agreement allows for the extension of the exit time for investors to no earlier than December 31, 2026, and adjusts the calculation of the agreed price to an 8% annual interest rate for the first three years and 10% thereafter [9][10] - Investors can exercise their exit rights after December 31, 2026, with specific conditions for asset evaluation and sale [10][11] - The agreement stipulates that if significant adverse changes occur in the Zhenjiang Dabaijing project before the exit date, investors can exercise their exit rights immediately [11][12] Group 5 - Dalian Sunasia is required to submit a withdrawal application to the Chongqing Arbitration Commission within 15 working days after completing the agreement's initial terms [14] - The costs related to the agreement, including pledge fees and evaluation fees, will be shared between both parties [14] - Following the signing of the "Settlement Agreement," the company will work with other shareholders to advance financing for the Zhenjiang project to resume construction and operations [14]

证券代码：600593 证券简称：大连圣亚 公告编号：2025-051 大连圣亚旅游控股股份有限公司 关于拟与镇江项目公司股东重庆顺源签署《和解协议》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： 大连圣亚旅游控股股份有限公司（以下简称"大连圣亚"或"公司"）于 2025 年 9 月 9 日召开第九届八次董事会会议，审议通过《关于拟与镇江项目公 司股东重庆顺源签署<和解协议>的议案》，该议案尚需提交公司股东会审议。 具体情况如下： 一、交易背景 公司于 2018 年 12 月与镇江项目公司镇江大白鲸海洋世界有限公司（以下简 称"镇江大白鲸"）、重庆现代物流产业股权投资基金管理有限公司（现更名为： 重庆长嘉纵横私募股权投资基金管理有限公司（以下简称"投资人"））签订《投 资协议》，约定大连圣亚将镇江大白鲸部分股权转让给投资人及投资人退出等事 宜，投资人及其关联方于协议签署后成立一支旅游专项基金以协议约定之条件和 内容投资镇江大白鲸，旅游专项基金成立后，投资人即指定其承受协议所述投资 人之全部权利和义务。 ...

大连圣亚旅游控股股份有限公司 证券代码：600593 证券简称：大连圣亚 公告编号：2025-052 关于召开2025年第二次临时股东会的通知 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 （一）股东会类型和届次 召开地点：大连圣亚旅游控股股份有限公司三楼会议室 2025年第二次临时股东会 本次股东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 召开的日期时间：2025 年 9 月 25 日 14 点 30 分 （五）网络投票的系统、起止日期和投票时间。 网络投票系统：中国证券登记结算有限责任公司上市公司股东会网络投票 系统 网络投票起止时间：自2025 年 9 月 24 日至2025 年 9 月 25 日 投票时间为：2025 年 9 月 24 日 15:00 至 2025 年 9 月 25 日 15:00 止 （六）融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 股东会召开日期：2025年9月25日 本次股东会采用的网络投票系 ...

大连圣亚旅游控股股份有限公司 2025 年第二次临时股东会 会议材料 1 | 年第二次临时股东会会议议程 一、2025 4 | | | --- | --- | | 二、2025 年第二次临时股东会会议须知 6 | | | 三、会议议案 | | | 1. 关于公司符合向特定对象发行股票条件的议案 8 | | | 2.00 关于公司 2025 年度向特定对象发行 A 股股票方案的议案 9 | | | 2.01 发行股票种类和面值 9 | | | 2.02 发行方式和发行时间 9 | | | 2.03 发行对象及认购方式 9 | | | 发行价格与定价原则 9 | 2.04 | | 发行数量 9 2.05 | | | 2.06 限售期安排 10 | | | 募集资金总额及用途 10 2.07 | | | 2.08 本次向特定对象发行前的滚存利润安排 10 | | | 上市地点 10 2.09 | | | 2.10 本次向特定对象发行决议的有效期限 10 | | | 关于公司 年度向特定对象发行 股股票预案的议案 11 3. 2025 A | | | 4. 关于公司 2025 年度向特定对象发行 A 股股票方案论证分 ...

大连圣亚公告，公司于2025年9月9日召开董事会会议，审议通过了《关于拟与镇江项目公司股东重庆顺 源签署的议案》。根据协议内容，公司同意将其所持镇江大白鲸29.02%的股权质押给重庆顺源，并在 满足一定条件下延迟退出时间至不早于2026年12月31日。此外，公司还同意调整投资协议中的退出价格 计算利率，前三年为8%，之后为10%。若2026年12月31日前未能实现退出，公司将有权要求以评估价 值出售股权或要求发行股份方式履行股权购买义务。 ...

Group 1 - Dalian Shengya (600593.SH) announced that the Zhenjiang project has been suspended since October 2020 due to funding shortages and shareholder disputes [1] - To promote the resumption of the project and resolve disputes, Chongqing Shunyuan and Dalian Shengya have engaged in multiple negotiations regarding the exercise of exit rights and arbitration [1] - A settlement agreement is proposed to be signed between Chongqing Shunyuan and Dalian Shengya [1]

Core Viewpoint - The article discusses the release of the State Council's opinion on enhancing sports consumption potential and promoting high-quality development in the sports industry, aiming for a total scale exceeding 7 trillion yuan by 2030 [1]. Group 1: Sports Consumption Potential - The article highlights the booming sports economy, including ice and snow sports and new sports markets, indicating significant potential for sports consumption [2]. - It emphasizes the need to enrich sports events, develop outdoor sports industries, and enhance sports facility supply, supported by financial policies like loan interest subsidies and sports consumption vouchers [2]. Group 2: Sports Events and Economic Impact - The opinion calls for the optimization of sports event management and the introduction of policies to boost event-driven economic growth, with examples showing a 40% increase in consumption during major events like the Hangzhou Asian Games [6][7]. - The sports service industry, particularly competition and leisure sectors, accounted for 72.7% of the sports industry's added value, which reached 3.67 trillion yuan in 2023, growing at an annual rate of 10.3% [6]. Group 3: Outdoor Sports and Ice-Snow Economy - The article outlines plans for developing outdoor sports based on regional resources, with projected online consumption in outdoor sports reaching 300 billion yuan by 2024 and ice-snow industry growth from 381.1 billion yuan in 2020 to 970 billion yuan in 2024, reflecting a 26.3% annual growth rate [8]. - Water sports participation is expected to exceed 120 million people by 2024, with an industry scale of 438.6 billion yuan, growing by 18.7% [8]. Group 4: Strengthening Sports Enterprises - The opinion emphasizes the need to strengthen sports enterprises by supporting private investment, enhancing the quality of sports enterprises, and promoting the market-oriented operation of public sports venues [11]. - Financial policies include interest subsidies for eligible sports service providers and incentives for local governments to issue sports consumption vouchers [11].

Market Overview - A-shares experienced a collective pullback on September 4, with the Shanghai Composite Index down 1.97% to 3738.32 points, Shenzhen Component Index down 2.37%, ChiNext Index down 3.2%, and the Sci-Tech Innovation 50 Index down 5.38% [1] - The North Exchange 50 Index rose 0.58% against the trend [2] - The micro-cap stock index increased by 1.32% [3] - The total trading volume in the Shanghai and Shenzhen markets reached 1.59 trillion yuan, an increase of 142.7 billion yuan compared to the previous trading day [4] - A total of 2629 stocks rose, 32 stocks hit the daily limit, and 2606 stocks fell [5] New Energy Sector - The new energy sector saw a significant surge, with multiple new energy ETFs performing well and several stocks hitting the daily limit [6] - The power battery index, energy storage index, and lithium battery index rose by 2.65%, 2.32%, and 1.43% respectively [6] - Yiwei Lithium Energy (300014) surged by 6.17% to 67.96 yuan per share, with a market capitalization of 139 billion yuan [6] - Notable performers included Tianhong Lithium Battery, which hit the daily limit, and other companies like Tongrun Equipment and Tianji Technology, which also saw substantial gains [7][8] - Data from the Passenger Car Association indicated that 1.079 million new energy passenger vehicles were sold in August, a year-on-year increase of 5% and a month-on-month increase of 9%, with a penetration rate of 55.3% [9] CPO Concept Stocks - CPO concept stocks, including optical modules and optical chips, experienced a significant decline after a previous surge [11] - The CPO concept sector fell by 10% on September 4, following a 7.04% increase on September 1 [12] - Major stocks like Xinyi Technology, Zhongji Xuchuang, and Tianfu Communication led the decline, each dropping over 11% [13] - The FTSE Russell announced changes to the FTSE China 50 Index and FTSE China A50 Index, including the addition of companies like BeiGene and Xinyi Technology [14] Consumer Sector - The consumer sector showed activity, with the restaurant and tourism sector rising by 2.85% and the retail sector increasing by nearly 2% [15] - Companies such as Lingnan Holdings and Changbai Mountain saw significant gains, with some hitting the daily limit [15] - The Ministry of Culture and Tourism projected that domestic tourism will reach 1.43 billion trips by 2025, recovering to 112% of 2019 levels [15] - A report from Caitong Securities indicated that the restaurant industry is in a recovery phase, with government policies expected to stimulate consumption, particularly in wedding and group dining scenarios [15]

Group 1 - The 2025 National Day and Mid-Autumn Festival holiday will have a total of 8 consecutive days off, which is expected to boost travel demand [1] - The Chinese government announced a temporary visa-free policy for Russian passport holders from September 15, 2025, to September 14, 2026, leading to a significant increase in flight searches from Moscow [1] - South Korea will implement a temporary visa-free policy for Chinese group tourists starting September 29, 2025, lasting until June 2026, further enhancing travel opportunities [1] Group 2 - International flight bookings for popular cities have rebounded to over 50% of pre-pandemic levels during this summer, indicating a strong recovery in outbound tourism [2] - Japan and South Korea have emerged as popular destinations, with booking volumes increasing nearly tenfold compared to the beginning of the year, and flight prices dropping by approximately 40% [2] - Visa applications on the Fliggy platform surged over 13 times year-on-year in July, with Japan's visa applications surpassing 2019 levels [2] Group 3 - Various cities in China, including Guangdong, Hangzhou, and Chengdu, are set to issue cultural and tourism consumption vouchers in September to stimulate local tourism [3] - Guangdong will distribute 20 million yuan worth of vouchers starting September 12, while Chengdu will launch its second round of tourism accommodation vouchers from September 21 to October 28 [3] - Other regions, such as Huangshan and Yulin, are also implementing similar voucher programs to encourage spending in the tourism sector [3] Group 4 - The National Development and Reform Commission has proposed measures to cultivate new consumption scenarios in cultural tourism, aiming to create influential themed tourism routes [4] - Following this announcement, stocks related to tourism, such as Tibet Tourism and Dalian Shengya, experienced significant price increases [5] Group 5 - Related concept stocks include travel agencies like Zhongxin Tourism and China Youth Travel Service, scenic spots like Songcheng Performance and Huangshan Tourism, and hotel chains such as Jinjiang Hotels and Huazhu Group [8]