证券代码：600749 证券简称：西藏旅游 公告编号：2023-056 号 西藏旅游股份有限公司 公司所有信息均以公司在指定信息披露媒体《中国证券报》《上海证券报》 《证券时报》《证券日报》和上海证券交易所网站（www.sse.com.cn）刊登的公 告为准，敬请广大投资者理性投资，注意投资风险。 特此公告。 西藏旅游股份有限公司 董事会 2023 年 8 月 11 日 1 关于延期回复上海证券交易所问询函的公告 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。 西藏旅游股份有限公司（以下简称"公司"）拟采用支付现金的方式向新奥 控股投资股份有限公司购买北海新绎游船有限公司 60%股权。具体内容详见公司 通过指定信息披露媒体披露的《重大资产购买暨关联交易报告书（草案）》（以下 简称"重组报告书"）及相关公告。 2023 年 7 月 28 日，公司收到上海证券交易所下发的《关于对西藏旅游股份 有限公司重大资产购买暨关联交易报告书（草案）的信息披露问询函》（上证公 函【2023】0976 号）（以下简称"《问询函》"），要求公司对重 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 25,387,253.27, representing a year-on-year increase of 139.69%[5] - The net profit attributable to shareholders was a loss of CNY 8,639,421.33, with a basic and diluted earnings per share of -0.0389 yuan[5] - The company reported a net loss of RMB 172,494,392.98 in retained earnings as of March 31, 2023, worsening from a loss of RMB 163,854,971.65 at the end of 2022[16] - The net loss for Q1 2023 was CNY 8,978,255.08, an improvement compared to a net loss of CNY 23,450,918.24 in Q1 2022, reflecting a reduction in losses by approximately 61.7%[19] - The company achieved a gross profit margin of approximately 12.1% in Q1 2023, compared to a gross profit margin of 0.8% in Q1 2022, indicating improved profitability[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,370,791,999.17, an increase of 0.54% compared to the end of the previous year[6] - The equity attributable to shareholders decreased by 0.77% to CNY 988,280,224.19[6] - The company's non-current assets totaled RMB 730,947,454.11, down from RMB 776,770,147.57 at the end of 2022, reflecting a decrease of approximately 5.9%[15] - The total current liabilities rose to RMB 264,681,800.27, compared to RMB 249,267,100.92 at the end of 2022, indicating an increase of approximately 6.5%[15] - The company's short-term borrowings increased significantly to RMB 80,081,527.78 from RMB 40,000,000.00, marking a 100.2% increase[15] Cash Flow - The net cash flow from operating activities was a negative CNY 27,177,988.00, impacted by the payment of previous years' liabilities totaling CNY 20,510,000[6] - Cash flow from operating activities showed a net outflow of CNY 27,177,988.00 in Q1 2023, an improvement from a net outflow of CNY 32,018,403.84 in Q1 2022[20] - Cash flow from investing activities resulted in a net outflow of CNY 2,749,102.74 in Q1 2023, compared to a net outflow of CNY 18,591,682.55 in Q1 2022, indicating a significant reduction in investment losses[21] - Cash flow from financing activities generated a net inflow of CNY 76,527,850.04 in Q1 2023, contrasting with a net outflow of CNY 83,667,590.17 in Q1 2022, showing a turnaround in financing activities[21] - The total cash and cash equivalents at the end of Q1 2023 amounted to CNY 420,829,449.28, an increase from CNY 386,597,771.47 at the end of Q1 2022[21] Expenses and Costs - The company reported a significant increase in tax expenses by 328.34% due to the rise in operating revenue[8] - Financial expenses rose by 150.14% due to a decrease in interest income during the period[8] - Total operating costs for Q1 2023 were CNY 35,804,635.96, slightly up from CNY 35,369,549.98 in Q1 2022, indicating a marginal increase of about 1.2%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,668[9] - The company has adjusted its share repurchase plan to support the employee stock ownership plan, with 4,770,000 shares repurchased, accounting for 2.10% of the total share capital[14] Strategic Plans - The company aims to enhance its product system and deepen market channels to ensure steady recovery of annual operating performance[12] - The company plans to continue leveraging marketing strategies and product offerings to expand its market presence and profitability[12] - The company plans to continue focusing on market expansion and new product development to enhance future performance[22] - The company achieved a reduction in losses by approximately 62% due to improved management mechanisms despite the net loss[8] Tourism and Market Recovery - The core scenic area visitor reception has nearly recovered to the levels seen in the same period of 2019, indicating a positive trend in tourism recovery[12]

证券代码：600749 证券简称：西藏旅游 公告编号：2023-040 号 西藏旅游股份有限公司 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法律责任。 重要内容提示： 召开时间：2023 年 5 月 29 日(星期一)下午 13:00-14:00 召开地点： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 召开形式：上证路演中心网络互动 西藏旅游股份有限公司（以下简称"公司"）已于 2023 年 3 月 31 日披露 2022 年年度报告，为便于广大投资者全面深入了解公司 2022 年度经营成果、 财务状况，公司计划于 2023 年 5 月 29 日，以视频录播结合网络互动方式召开 2022 年度业绩说明会，公司将针对 2022 年度经营成果和财务状况与投资者互 动交流，广泛听取投资者的意见和建议。 二、说明会召开的时间、方式 召开时间：2023 年 5 月 29 日下午 13:00-14:00 召 开 方 式 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥25,387,253.27, representing a year-on-year increase of 139.69%[6]. - The net profit attributable to shareholders was -¥8,672,574.89, indicating a significant reduction in losses by approximately 62% compared to the previous period[6][9]. - The company reported a net loss of RMB 172,527,546.54 for the period ending March 31, 2023, compared to a net loss of RMB 163,854,971.65 for the same period in 2022[17]. - Net profit for Q1 2023 was a loss of ¥9,058,090.46, an improvement compared to a loss of ¥23,450,918.24 in Q1 2022, reflecting a reduction in losses by approximately 61.4%[20]. - The weighted average return on net assets was -0.8745%[6]. Cash Flow and Investments - The net cash flow from operating activities was -¥27,177,988.00, impacted by the payment of previous year's liabilities amounting to ¥20,510,000[7]. - Cash flow from operating activities in Q1 2023 was a net outflow of ¥27,177,988.00, an improvement from a net outflow of ¥32,018,403.84 in Q1 2022[21]. - Cash flow from investing activities in Q1 2023 resulted in a net outflow of ¥2,749,102.74, compared to a net outflow of ¥18,591,682.55 in Q1 2022, showing a significant reduction in investment losses[22]. - Cash flow from financing activities in Q1 2023 generated a net inflow of ¥76,527,850.04, contrasting with a net outflow of ¥83,667,590.17 in Q1 2022, indicating a positive shift in financing[22]. - The company’s investment income for Q1 2023 was ¥856,808.22, an increase from ¥499,802.56 in Q1 2022, representing a growth of approximately 71.7%[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,388,837,764.23, reflecting a 1.86% increase from the end of the previous year[7]. - The total liabilities of the company as of March 31, 2023, were RMB 399,567,408.49, compared to RMB 366,021,394.55 at the end of 2022, representing an increase of approximately 9.2%[17]. - The company's total equity decreased to RMB 989,270,355.74 from RMB 997,398,992.18 at the end of 2022, a decline of about 0.1%[17]. - The company’s inventory increased to RMB 7,580,884.73 from RMB 6,872,113.73 at the end of 2022, reflecting a growth of approximately 10.3%[15]. - The company’s accounts receivable rose to RMB 35,619,696.58 from RMB 32,620,945.12 at the end of 2022, an increase of about 9.2%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,668[10]. - The top three shareholders held a combined total of 68,265,301 shares, accounting for 32.17% of the total shares[10]. - The company has adjusted its share repurchase plan to implement an employee stock ownership plan, indicating a strategic shift in capital management[15]. Operational Strategy and Market Outlook - The company is focusing on optimizing management mechanisms to enhance operational efficiency and reduce losses[9]. - The company plans to continue enhancing its product system and market channels to ensure steady recovery of annual operating performance[13]. - The company’s core scenic area visitor reception has nearly recovered to the levels of the same period in 2019, indicating a positive trend in tourism recovery[13]. Revenue and Costs - Total operating revenue for Q1 2023 was ¥25,387,253.27, a significant increase from ¥10,591,546.27 in Q1 2022, representing a growth of approximately 139.5%[19]. - Total operating costs for Q1 2023 were ¥35,443,666.70, slightly up from ¥35,369,549.98 in Q1 2022, indicating a marginal increase of 0.2%[19]. - The company experienced a 196.90% increase in taxes and surcharges due to the growth in operating revenue[9]. - The company's cash and cash equivalents reached RMB 475,323,543.59, up from RMB 428,722,784.29 at the end of 2022, indicating an increase of about 10.8%[15]. - The total cash and cash equivalents at the end of Q1 2023 were ¥420,829,449.28, up from ¥386,597,771.47 at the end of Q1 2022, reflecting an increase of approximately 8.8%[22]. - The company received cash from operating activities totaling ¥35,854,515.49 in Q1 2023, compared to ¥13,480,011.85 in Q1 2022, marking a growth of approximately 165.5%[21].

Financial Performance - The net profit attributable to shareholders for 2022 was -29,380,621.07 CNY, with a net profit after deducting non-recurring gains and losses of -37,181,516.77 CNY[7]. - The parent company's net profit for 2022 was 1,807,070.15 CNY, with an undistributed profit at the beginning of the year of -63,320,779.32 CNY, and an available profit for distribution at the end of the year of -61,513,709.17 CNY[7]. - The company will not distribute profits or increase capital reserves for the year 2022 due to the negative net profit situation[7]. - The company's operating revenue for 2022 was CNY 120.70 million, a decrease of 30.53% compared to CNY 173.73 million in 2021[26]. - The net profit attributable to shareholders of the listed company in 2022 was CNY -29.38 million, compared to CNY -8.06 million in 2021[26]. - The basic earnings per share for 2022 was CNY -0.1322, down from CNY -0.0363 in 2021[27]. - The total assets at the end of 2022 were CNY 1.36 billion, a decrease of 11.07% from CNY 1.53 billion at the end of 2021[26]. - The company reported a net cash flow from operating activities of CNY -2.85 million in 2022, a significant decline from CNY 42.23 million in 2021[26]. - The weighted average return on equity for 2022 was -2.907%, a decrease from -0.7831% in 2021[27]. Corporate Governance - The company has received a standard unqualified audit report from the accounting firm Xin Yong Zhong He[9]. - The company’s board of directors and supervisory board members have confirmed the authenticity, accuracy, and completeness of the annual report[9]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[9]. - The company has not violated decision-making procedures for providing guarantees to external parties[9]. - The company held one annual general meeting and two extraordinary general meetings during the reporting period to ensure compliance with legal requirements and maintain shareholder rights[91]. - The board of directors has actively participated in meetings and provided clear opinions on significant matters, ensuring diligent governance[92]. - The company has established a robust information disclosure management system to ensure timely and accurate communication with investors[92]. - The company maintains independence from its controlling shareholders in terms of operations, finance, and business activities[95]. - The company has revised its governance documents to align with regulatory requirements and support its operational development[96]. - The company has not faced any rejected proposals during its shareholder meetings, indicating a consensus among shareholders[99][100]. Strategic Development - The company’s strategic development and operational plans mentioned in the report do not constitute a substantive commitment to investors, highlighting investment risks[8]. - The company aims to stabilize its core business while dynamically adjusting its operational strategies in response to market conditions[37]. - The company is focusing on creating cultural and tourism products to enhance customer retention and long-term engagement[40]. - The company aims to enhance its core competencies in resource integration and brand expansion through continuous improvement and risk management[52]. - The company plans to leverage improved transportation infrastructure, including the opening of the Lalin Railway and the new terminal at Lhasa Gonggar Airport, to boost tourism in the region[84]. - The company is committed to creating a differentiated customer acquisition strategy and enhancing marketing efforts through new media and partnerships to ensure performance targets are met[85]. - The company plans to monitor and adjust its investment strategies based on regulatory changes and market conditions[156]. Market and Product Development - The company launched new tourism products and improved its product system, focusing on differentiated consumer needs and enhancing customer acquisition[37]. - The company integrated resources in the Linzhi area to enrich its core attraction product system, including the launch of new quality routes and experiences[37]. - The second quarter saw a noticeable increase in customer flow and operating performance due to innovative experience products well-received by tourists[37]. - The company is developing a smart tourism platform to enhance operational efficiency and improve customer service experiences[56]. - The company is exploring the development of virtual tourism products to enrich its product offerings and cater to diverse customer preferences[84]. - The company aims to enhance its product structure and optimize its offerings to improve overall profitability, focusing on flow-type products and new product development tailored to different customer needs[84]. Environmental and Social Responsibility - The company has invested 2.36 million CNY in environmental protection during the reporting period[141]. - The company has prioritized the use of new energy vehicles and new fuels in its operations, contributing to energy conservation and resource recycling[144]. - In 2022, the company implemented carbon reduction measures, including the procurement of new energy buses and boats, significantly lowering carbon emissions[145]. - The company has created 61 new jobs in Tibet in 2022, supporting local employment and income generation[151]. - The company has donated a total of 320,000 yuan in 2022, including 50,000 yuan for educational support and 270,000 yuan in medical supplies for remote areas[149]. - The company emphasizes the importance of local cultural preservation and has developed tourism products that reflect the unique cultural heritage of the Tibetan region[147]. Financial Management - The company has committed to transparency in its operations, as evidenced by the legal opinions provided by Beijing Guofeng Law Firm during shareholder meetings[99][100]. - The company is focused on maintaining its financial health by managing idle funds and ensuring compliance with financial regulations[99]. - The company has a cash dividend policy that remains unchanged during the reporting period[127]. - The company has implemented a dual salary policy, linking performance assessments to compensation for management and staff[125]. - The company reported a total of 1,624.62 million yuan in impairment provisions for the year, including 1,131.41 million yuan for credit impairment and 493.21 million yuan for goodwill impairment[127]. Related Party Transactions - The total amount of related party transactions for the year reached CNY 2,011.99 million, compared to CNY 1,172.95 million in the previous year, indicating a year-over-year increase of approximately 71.5%[170]. - The approved transaction limit for related party transactions was CNY 3,000 million, of which only 67% was utilized, showing that the company is operating well within its approved limits[170]. - The company incurred CNY 600.74 million in related party procurement transactions, a significant increase from CNY 1,312.82 million in the previous year, reflecting a decrease of approximately 54%[171]. - The company has committed to not using its position to gain preferential treatment in business dealings with related parties[156]. - The company will ensure compliance with legal requirements for related party transactions and information disclosure[156]. Litigation and Compliance - The company reported a litigation case involving five construction contract disputes with an amount of CNY 12.1024 million, resulting in a settlement payment of CNY 1.1 million[165]. - The company has not encountered any significant accounting errors or non-compliance issues during the reporting period[161]. - The company has not faced any bankruptcy reorganization matters during the reporting period[168]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[162]. - The company has faced regulatory warnings from the Shanghai Stock Exchange regarding its actual controller and related parties, prompting measures to resolve historical issues with over 30 employees[168].

Financial Performance - The net profit attributable to shareholders of the listed company for 2022 was -29,380,621.07 CNY, a significant decline compared to -8,063,864.51 CNY in 2021[5] - The operating revenue for 2022 was 120,696,994.64 CNY, representing a decrease of 30.53% from 173,733,813.98 CNY in 2021[19] - The net cash flow from operating activities was -2,853,966.55 CNY, a drastic drop of 106.76% compared to 42,227,386.25 CNY in 2021[19] - The total assets at the end of 2022 were 1,363,420,386.73 CNY, down 11.07% from 1,533,177,630.39 CNY at the end of 2021[19] - The basic earnings per share for 2022 was -0.1322 CNY, compared to -0.0363 CNY in 2021[20] - The diluted earnings per share for 2022 was also -0.1322 CNY, reflecting the same trend as basic earnings[20] - The weighted average return on equity for 2022 was -2.907%, a decrease from -0.7831% in 2021[20] - The net profit after deducting non-recurring gains and losses was -37,181,516.77 CNY for 2022, compared to -16,187,481.51 CNY in 2021[19] - The company's net assets attributable to shareholders at the end of 2022 were 995,976,661.03 CNY, a decrease of 2.90% from 1,025,676,475.65 CNY at the end of 2021[19] Operational Challenges - In 2022, the company reported a significant decline in tourist reception due to external environmental fluctuations and a shrinking consumer market demand[29] - The company faced operational difficulties in the tourism market due to external factors, but actively cooperated with local governments to ensure business safety and stability[32] - The tourism sector's revenue dropped by 40.25%, while the tourism service sector saw a slight decrease of 0.09%[47] Strategic Initiatives - The company focused on product innovation and customer re-recognition to adapt to market demands, leading to a noticeable increase in customer flow and operational performance in Q2[29] - The company launched new premium travel products and enhanced existing offerings, such as the South Peak Base Camp quality route and the completion of Yusong Island construction[29] - The company implemented a digital marketing strategy to enhance brand visibility and customer engagement, including the creation of trending topics on social media platforms[30] - The company is focusing on enhancing operational efficiency by streamlining low-efficiency businesses and maximizing policy support for financial management[31] - The company aims to deepen user engagement through a comprehensive membership system and collaboration with ecological partners to improve customer retention[30] Market Outlook - The tourism industry in China is expected to recover in 2023, with a shift towards high-quality leisure and vacation products as the main trend[33] - The company aims to build a comprehensive IP coverage across nine vertical natural zones, enhancing its tourism offerings and attracting diverse customer segments[38] - The company is set to benefit from improved transportation infrastructure in Tibet, including the opening of the Lalin Railway and the new terminal at Lhasa Gonggar Airport, which is expected to drive a surge in free travel visitors[65] Governance and Compliance - The company emphasized the accuracy, timeliness, and completeness of information disclosure, adhering to relevant regulations[74] - The company maintained independence from its controlling shareholder in terms of operations, finance, and personnel[75] - The company actively participated in investor protection activities and training organized by regulatory bodies[74] - The company is committed to maintaining compliance with legal and regulatory requirements as evidenced by the legal opinion provided for the general meeting[80] Environmental and Social Responsibility - The company invested 2.36 million CNY in environmental protection during the reporting period[120] - The company has implemented a complete wastewater treatment system at its scenic spots to prevent pollution of water sources[127] - The company has cumulatively paid over 500 million yuan since 2014 to support local tourism economy development and rural revitalization efforts[129] - The company created 61 new jobs for local residents in 2022, demonstrating its commitment to stabilizing employment and promoting income growth for farmers and herders[130] Employee Engagement and Management - The company has implemented a dual salary policy, linking compensation to performance for both management and frontline employees[105] - The company has initiated various training programs to enhance employee skills and promote business recovery[106] - The total remuneration for directors, supervisors, and senior management was 3.7684 million yuan[91] Related Party Transactions - The total amount of related party transactions for the year was CNY 2,011.99 million, compared to CNY 1,172.95 million in the previous year, representing an increase of approximately 71.5%[148] - The approved transaction limit for related party transactions was CNY 3,000.00 million, indicating that the company did not exceed this limit[148] - The company incurred CNY 600.74 million in related party procurement transactions, a decrease from CNY 1,312.82 million in the previous year, reflecting a decline of approximately 54.3%[149]

西藏旅游股份有限公司 2022 年第三季度报告 证券代码：600749 证券简称：西藏旅游 西藏旅游股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 西藏旅游股份有限公司 2022 年第三季度报告 | | 本报告期末 | 上年度末 | 本报告期末比上 | | --- | --- | --- | --- | | | | | 年度末增减变动 | | | | | 幅度(%) | | 总资产 | 1,373,604,722.51 | 1,533,177,630.39 | -10.41 | | 归属于上市公司股东的所有者权益 | 1,008,734,050.22 | 1,025,676,47 ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 42,684,831.16, a decrease of 49.90% compared to CNY 85,196,812.00 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was a loss of CNY 25,948,758.63, compared to a loss of CNY 1,494,629.31 in the previous year[21]. - The net cash flow from operating activities was negative CNY 24,673,710.31, a decline of 211.80% from CNY 22,069,059.07 in the same period last year[21]. - The total assets at the end of the reporting period were CNY 1,387,167,725.30, down 9.52% from CNY 1,533,177,630.39 at the end of the previous year[21]. - The net assets attributable to shareholders decreased to CNY 998,834,942.70, a reduction of 2.62% from CNY 1,025,676,475.65 at the end of the previous year[21]. - The basic earnings per share for the first half of 2022 was -CNY 0.1168, compared to -CNY 0.0067 in the same period last year[22]. - The weighted average return on net assets was -2.5627%, a decrease of 2.42 percentage points from -0.1447% in the previous year[22]. - The company reported a significant decline in cash flow from operating activities, with a net cash flow of -CNY 24,673,710.31, compared to CNY 22,069,059.07 in the previous year, marking a 211.80% decrease[41]. - The company reported a significant increase in management expenses, which were CNY 20,109,622.74, compared to CNY 32,849,122.48 in the previous year[115]. - The total comprehensive income for the first half of 2022 was CNY 2,095,849.82, a decrease of CNY 11,954,706.71 compared to the same period in 2021[119]. Operational Challenges - The company faced significant challenges due to COVID-19, leading to a sharp decline in tourist numbers and revenue[8]. - The overall performance was negatively impacted by a decrease in visitor numbers compared to the first half of 2021 due to the non-peak travel season and domestic pandemic effects[52]. - The company reported a significant decrease in cash received from sales of goods and services, totaling CNY 42,946,999.35, down 55.5% from CNY 96,493,377.32 in the first half of 2021[120]. - The company reported a significant decline in visitor numbers due to the pandemic, with many scenic areas temporarily closed in August 2022[54]. Strategic Initiatives - The company is focusing on enhancing its tourism offerings by integrating cultural elements and utilizing technology like VR and AI to improve visitor experiences[29]. - The company aims to establish a "Destination Wellness Tourism Port" by developing ecological tourism circles around Lhasa, Linzhi, and Ali regions[35]. - The company has formed a standardized operation model that integrates production and sales services, enhancing operational efficiency and brand influence in the region[34]. - The company is actively pursuing the creation of 5A-rated scenic areas in the Ali region, leveraging the global recognition of Mount Kailash and Manasarovar Lake[35]. - The company has implemented lean management practices, optimizing resource allocation and reducing management expenses by 38.78% to CNY 20,109,622.74 from CNY 32,849,122.48[41]. - The company has focused on enhancing product quality and visitor experience, launching new mid-to-high-end experience products, which received positive feedback from tourists[38]. Financial Management - The company has reduced financial expenses by 75.09% to CNY 398,779.02 from CNY 1,600,742.97, attributed to changes in cash management practices[41]. - The company has increased prepayments by 162.77% to CNY 5,899,203.02, indicating investment in project preparation[45]. - The company has established a risk defense mechanism to ensure stable operations amidst the pandemic, focusing on resource optimization and diversified product offerings[34]. - The company has maintained strong relationships with online travel platforms and international distributors, enhancing its market competitiveness[32]. Community Engagement and Environmental Responsibility - The company employs over 80% local staff in its operations, contributing to local employment and skill enhancement[76]. - Approximately 21.08 million yuan has been paid to support local government initiatives, including education funds for local students[78]. - The company prioritizes the use of new energy vehicles and eco-friendly practices in its operations to reduce carbon emissions[75]. - The company has established agreements with local farmers to purchase agricultural products, boosting local agriculture[77]. - The company actively engages in environmental protection measures, including wastewater treatment and resource recycling[73]. Governance and Compliance - The company has undergone management changes, with new appointments for the chairman and the head of the supervisory board in May 2022[64]. - The company has not disclosed any new employee incentive plans or stock ownership plans during the reporting period[69]. - The company has committed to comply with relevant laws and regulations regarding related party transactions and information disclosure obligations[82]. - The company has undertaken to avoid unnecessary related party transactions and ensure fair pricing in any unavoidable transactions[82]. - The company is working on improving its governance capabilities and operational management levels following regulatory warnings from the Tibet Securities Regulatory Bureau[85]. Legal Matters - The company faced a significant lawsuit involving five construction contract disputes, with a total amount of 12.1024 million yuan at stake[83]. - The company reached a settlement in July 2022, agreeing to pay a total of 4.7871 million yuan to the opposing party[83]. - The company has engaged a specialized legal team to actively respond to the lawsuit and has filed counterclaims against the opposing party[83]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 32,383[96]. - The largest shareholder, Shanghai Jingyao Trading Co., Ltd., holds 26,592,800 shares, accounting for 11.72% of the total shares[98]. - The company completed its share repurchase plan in April 2020, holding 4,770,000 shares, which accounts for 2.10% of the total share capital[99]. - The company has not experienced any changes in its total number of shares or share capital structure during the reporting period[95]. Asset Management - The company's total non-current assets amounted to CNY 778,269,706.31, down from CNY 798,737,683.68, a decrease of approximately 2.6%[108]. - The company assesses the impairment of long-term assets, including equity investments and fixed assets, at the end of the accounting period[195]. - The company measures expected credit losses for accounts receivable based on the entire duration of expected credit losses, reflecting the risk of default[169]. - The company uses a perpetual inventory system for stock, valuing it at actual cost upon acquisition and using a weighted average method for cost determination[173].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 10,591,546.27, representing a decrease of 47.47% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was CNY -22,541,418.80, with a basic and diluted earnings per share of CNY -0.1014[4]. - The net profit for Q1 2022 was -23,450,918.24 RMB, compared to -12,929,275.56 RMB in Q1 2021, representing a decline of approximately 81.1% year-over-year[17]. - Operating revenue from sales and services was 7,330,025.84 RMB, down 48.3% from 14,159,874.38 RMB in the same period last year[19]. - The company reported a total profit of -23,451,070.35 RMB for Q1 2022, compared to -12,929,145.23 RMB in Q1 2021, reflecting a decline of approximately 81.1%[17]. - The basic earnings per share for Q1 2022 was -0.1014 RMB, compared to -0.0542 RMB in the same quarter of the previous year[17]. Cash Flow - The net cash flow from operating activities was CNY -32,018,403.84, indicating significant cash outflow during the quarter[4]. - The net cash flow from operating activities was -32,018,403.84 RMB, worsening from -17,091,036.74 RMB in Q1 2021[19]. - Investment activities generated a net cash flow of -18,591,682.55 RMB, compared to -500,413,969.07 RMB in the previous year, indicating a significant reduction in cash outflow[20]. - Cash and cash equivalents at the end of Q1 2022 totaled 386,597,771.47 RMB, a decrease from 520,875,448.03 RMB at the beginning of the period[20]. - The company incurred a cash outflow of 83,667,590.17 RMB from financing activities, compared to an inflow of 83,885,995.11 RMB in Q1 2021[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,395,386,762.74, down 8.99% from the end of the previous year[5]. - Total assets decreased to CNY 1,395,386,762.74 as of March 31, 2022, down from CNY 1,533,177,630.39 at the end of 2021, a reduction of 9.0%[15]. - Total liabilities decreased to CNY 390,545,791.32 in Q1 2022, down from CNY 504,885,740.73 in Q4 2021, a decline of 22.5%[14]. - The company's cash and cash equivalents decreased to CNY 441,087,182.22 as of March 31, 2022, from CNY 575,364,858.78 as of December 31, 2021, representing a decline of 23.3%[13]. - Accounts receivable rose to CNY 38,151,328.82 in Q1 2022, compared to CNY 35,887,154.40 in Q4 2021, indicating an increase of 6.3%[13]. - Short-term borrowings decreased significantly to CNY 59,000,000.00 in Q1 2022 from CNY 124,145,872.22 in Q4 2021, a reduction of 52.5%[14]. Expenses and Income - The company experienced a 194.77% increase in selling expenses due to the introduction of a professional team to enhance marketing capabilities[6]. - The company reported a 49.83% decrease in investment income, attributed to adjustments in cash management strategies[6]. - Total operating costs increased to CNY 35,369,549.98 in Q1 2022, up from CNY 34,285,690.03 in Q1 2021[16]. Government Support and Market Strategy - The company received government subsidies amounting to CNY 849,186.65, which are closely related to its normal business operations[6]. - The ongoing domestic pandemic and travel restrictions have severely impacted the tourism industry, affecting the company's operational performance[11]. - The company plans to enhance market penetration through precise marketing and product planning to gradually recover its operating performance[11].

Financial Performance - The net profit attributable to shareholders for 2021 was -8,063,864.51 CNY, with a net profit of -16,187,481.51 CNY after deducting non-recurring gains and losses[4] - The parent company's net profit for 2021 was 3,755,045.55 CNY, with retained earnings at the beginning of the year at -67,075,824.87 CNY and ending at -63,320,779.32 CNY[4] - The company decided not to distribute profits for 2021 and will not increase capital from the capital reserve[4] - The net profit attributable to shareholders of the listed company for 2021 was a loss of CNY 8.06 million, a decrease of 270.02% from a profit of CNY 4.74 million in 2020[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -CNY 16.19 million in 2021, compared to -CNY 25.05 million in 2020[20] - The basic earnings per share for 2021 was -CNY 0.0363, a decrease of 270.42% from CNY 0.0213 in 2020[21] - The overall gross profit margin for 2021 was 39%, showing a slight increase from the previous year[55] - The gross profit margin for the tourism sector was reported at 42.96%, reflecting an increase of 1.83 percentage points year-on-year[74] - The company incurred a net profit attributable to shareholders of -8.06 million yuan for 2021, with a net profit of -16.19 million yuan after excluding non-recurring gains and losses[57] Revenue and Growth - The company's operating revenue for 2021 was CNY 173.73 million, representing a year-on-year increase of 37.97% compared to CNY 125.93 million in 2020[20] - The company achieved an operating revenue of 173.73 million yuan in 2021, an increase of 47.9% compared to the previous year, with core tourism scenic area revenue reaching 105% of 2019 levels[55] - The total number of visitors received in 2021 was approximately 2.22 million, recovering to 105% of pre-pandemic levels, driven by improved domestic pandemic conditions and effective marketing strategies[58] - In 2021, Tibet received 41.5 million tourists, generating 44.1 billion yuan in tourism revenue, with a 3.75% increase in visitor numbers compared to 2019[40] - The company reported a total operating revenue of CNY 173.73 million for the year, representing a year-on-year increase of 37.97%[70] Marketing and Customer Engagement - The company implemented innovative marketing strategies, enhancing product systems and service quality, which contributed to effective revenue growth[27] - The company introduced a professional marketing team to better understand customer needs and develop flexible marketing strategies[28] - The company successfully launched themed activities and collaborations to increase online exposure and product availability, leading to growth in self-driving and small group tours[28] - The company is focusing on digital marketing strategies to expand its customer base, particularly targeting the East China region and utilizing platforms like Douyin and Xiaohongshu for increased exposure[109] - The company organized various themed marketing events, such as the Linzhi Peach Blossom Festival and the first Stargazing Photography Competition, to enhance brand visibility and attract visitors[59] Operational Efficiency and Cost Management - The company has implemented cost reduction and efficiency enhancement measures, including workforce management and resource allocation, to optimize operational efficiency[30] - The operating cost increased to CNY 106.57 million, up 37.46% compared to the previous year, primarily due to fixed cost amortization and new asset costs[71] - The company emphasized the need for cost control measures to enhance profitability and improve operational efficiency[153] - The company is committed to implementing cost reduction and efficiency improvement initiatives to achieve annual operational goals[154] Governance and Compliance - The company has no violations regarding decision-making procedures for external guarantees[7] - The company reported no significant risks that could affect the authenticity and completeness of the annual report[7] - The audit report issued by the accounting firm was a standard unqualified opinion[7] - The company emphasizes the accuracy, timeliness, and completeness of information disclosure, adhering to relevant laws and regulations[122] - The company actively communicates with investors through various channels, ensuring equal access to information and addressing investor inquiries[123] - The company has maintained compliance with governance standards and has not faced significant discrepancies with regulatory requirements[124] Strategic Initiatives and Future Plans - The company is focusing on developing a "Tibet Health and Leisure Tourism Destination" strategy, enhancing product offerings around natural experiences and highland wellness[52] - The company plans to integrate tourism, culture, and wellness into differentiated products to meet diverse customer needs[52] - The company plans to use CNY 34.8 million of raised funds for the enhancement of tourist attractions and digital operations[64] - The company plans to invest CNY 1 billion over the next three years for the development and expansion of tourism business, with CNY 600 million allocated for existing scenic area operations and CNY 400 million for new tourism projects[193] - The company aims to complete the construction of 1-2 5A level scenic areas and develop 1-2 new tourism projects by 2022[193] Environmental and Social Responsibility - The company has prioritized the procurement of new energy vehicles to reduce carbon emissions in its scenic areas[176] - The company has implemented a wastewater treatment system and management policies for recycling water and compliant waste disposal[174] - The company actively contributes to social responsibility by promoting stability and prosperity in border areas and protecting ethnic culture[177] - The company has signed agreements with local farmers to purchase agricultural products, boosting local agriculture[186] - The company has implemented a comprehensive waste management system in its scenic areas to prevent pollution[180] Human Resources and Management - The total number of employees in the parent company and major subsidiaries was 515, with 155 technical personnel and 36 sales personnel[159][160] - The company has established training programs for employees, including safety production and service standardization training[162] - The company has a comprehensive salary management system for directors and senior management, which is determined by the Human Resources Department and approved by the Board of Directors[143] - The company has experienced a change in its management team, with several key personnel transitions noted in the report[140] Asset Management and Financial Strategy - The company has approved the use of up to CNY 60 million of idle raised funds for cash management, with a usage period not exceeding 12 months[63] - The company is in the process of issuing shares and paying cash for asset acquisitions, which includes a fundraising plan[146] - The company has committed to enhancing infrastructure and developing new projects as part of its strategic initiatives[193] - The company plans to acquire assets from New Ao Holdings through a combination of issuing shares and cash, with a performance commitment period covering 2021, 2022, and 2023[192]