证券代码：603136 证券简称：天目湖 公告编号：2025-042 江苏天目湖旅游股份有限公司 关于向参股公司增资暨关联交易的进展公告 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： 鉴于参股公司江苏天目湖动物王国旅游有限公司（以下简称"动物王国 公司"）已决定终止天目湖动物王国文旅综合体项目（以下简称"动物王国项目"） 的实施，动物王国公司于 2024 年 8 月 8 日审议通过的增资扩股方案亦决定同步 终止实施，据此，江苏天目湖旅游股份有限公司（以下简称"公司"）根据动物 王国公司的决定，拟终止向参股公司增资，并授权管理层与动物王国公司协商妥 善解决后续相关事宜。 本次终止对参股公司增资等相关事宜已经公司第六届董事会第十五次会 议审议通过，尚需提交公司股东会审议。 2024 年 12 月 6 日，公司通过公开招标方式中标溧阳天目湖动物王国文旅综 合体一期（含酒店）运营项目，并签订《筹开咨询及运营管理合同》，合同主要 内容包括对溧阳天目湖动物王国文旅综合体一期及酒店进行前期工程咨询服务、 开业筹备服 ...

一、董事会会议召开情况 江苏天目湖旅游股份有限公司（以下简称"公司"）第六届董事会第十五次 会议于 2025 年 9 月 17 日在公司行政楼一楼会议室以现场结合通讯表决方式召开， 因情况紧急，会议通知以电话及其他口头方式发出。 本次会议由董事长李淑香女士主持。公司应参会董事共 9 名，实际到会董事 9 名，公司全体高级管理人员列席了本次会议，会议召开程序符合《中华人民共 和国公司法》和《公司章程》有关规定。 二、董事会会议审议情况 证券代码：603136 证券简称：天目湖 公告编号：2025-041 江苏天目湖旅游股份有限公司 关于第六届董事会第十五次会议决议的公告 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 担个别及连带责任。 行通知。 特此公告。 （一）审议通过《关于终止对参股公司增资等相关事宜的议案》。 表决结果：同意 6 票；弃权 0 票；反对 0 票。 关联董事刘科先生、陶平先生、陈东海先生回避表决； 鉴于参股公司江苏天目湖动物王国旅游有限公司（以下简称"动物王国公司"） 已决定终止天目湖动物王国文旅综合体项目（以下简称" ...

Core Viewpoint - Jiangsu Tianmuhu Tourism Co., Ltd. announced the termination of its investment in the Tianmuhu Animal Kingdom tourism project, which will not significantly impact its existing business and financial status [1] Group 1 - The company decided to terminate its investment of 179.82 million yuan in the Tianmuhu Animal Kingdom tourism project, which was approved on August 8, 2024 [1] - The total investment made by the company in the project remains at 19.98 million yuan [1] - The termination of the investment has been approved by the sixth board of directors and is pending shareholder approval [1] Group 2 - The company will negotiate the handling of prior investments and subsequent contractual matters [1] - The company will fulfill its information disclosure obligations and remind investors to pay attention to risks [1]

Market Overview - The tourism and scenic spots sector experienced a decline of 1.43% on September 17, with Xiyu Tourism leading the drop [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] Stock Performance - Notable gainers included Yunnan Tourism, which rose by 9.96% to a closing price of 6.07, with a trading volume of 1.29 million shares and a transaction value of 770 million [1] - Other stocks like Tibet Tourism and Emei Mountain A also showed slight increases, while several stocks, including Xiyu Tourism and Zhenfu Cultural Tourism, saw declines of 3.95% and 1.52%, respectively [2][1] Capital Flow - The tourism and scenic spots sector saw a net outflow of 717 million from main funds, while retail investors contributed a net inflow of 653 million [2] - The capital flow data indicates that Yunnan Tourism had a net inflow of 96.73 million from main funds, while Emei Mountain A and Tibet Tourism also experienced positive net inflows [3]

Core Viewpoint - The company has failed to utilize over 90% of the 300 million RMB raised five and a half years ago for specific projects, with most funds remaining idle in cash management [3][5][6]. Group 1: Fund Utilization - The company raised 300 million RMB through a bond issuance in 2019, with a net amount of 289.7 million RMB available for the "Nanshan Xiaozhai Phase II Project" and "Yushui Hot Spring (Phase I) Renovation Project" [5]. - As of June 30, 2025, only 1.02% of the planned 229.7 million RMB for the Nanshan Xiaozhai Phase II Project has been invested, amounting to 2.3452 million RMB, while 42.68% of the 60 million RMB for the Yushui Hot Spring project has been utilized, totaling 25.6082 million RMB [5][6]. Group 2: Project Delays - The company announced an extension of the investment timeline for both projects from December 31, 2025, to December 31, 2027, due to external factors and market conditions affecting execution [6]. - The company claims that the projects are still being pursued, with ongoing feasibility assessments and design work for the Nanshan Xiaozhai Phase II Project [6]. Group 3: Capital Increase for Animal Kingdom Project - The company planned to increase its investment in Jiangsu Tianmu Lake Animal Kingdom Tourism Co., Ltd. by 17.982 million RMB to support project funding, but this increase has not yet been executed, despite being announced over a year ago [7]. - The Animal Kingdom project has reportedly faced construction halts, with machinery found inactive on-site, raising concerns about the project's progress [7][9]. Group 4: Shareholding and Disclosure Issues - The major shareholder of the Animal Kingdom project has changed, with a new entity holding 77.0052% of the shares, which is not a state-owned enterprise, contradicting the company's claims about following state-owned capital arrangements [8]. - The company has been criticized for not providing complete and accurate disclosures regarding its shareholding in the Animal Kingdom project, particularly in its 2025 semi-annual report [8].

Core Viewpoint - The company has failed to utilize over 90% of the 300 million RMB raised five and a half years ago for specific projects, with most funds still sitting idle in financial management [2][3]. Group 1: Fund Utilization - The company raised 300 million RMB through a convertible bond issuance approved by the China Securities Regulatory Commission, with a net amount of 289.7 million RMB available for the "Nanshan Xiaozhai Phase II Project" and "Yushui Hot Spring (Phase I) Renovation Project" [3]. - As of June 30, 2025, only 234.52 thousand RMB (1.02%) has been invested in the Nanshan Xiaozhai Phase II Project, while 25.6 million RMB (42.68%) has been invested in the Yushui Hot Spring (Phase I) Renovation Project [3]. Group 2: Project Delays - The company announced an extension of the investment timeline for both projects from December 31, 2025, to December 31, 2027, due to external factors and market conditions affecting project execution [4]. - The company is actively optimizing the Nanshan Xiaozhai Phase II Project and has partially commenced the renovation of the Yushui Hot Spring, but the progress has been slower than planned [4]. Group 3: Capital Increase for Animal Kingdom Project - The company planned to increase its investment in Jiangsu Tianmuhu Animal Kingdom Tourism Co., Ltd. by 17.982 million RMB to support project funding, but this increase has not yet been executed, and rumors of project suspension have emerged [5]. - The Animal Kingdom project, with a total investment of 3.55 billion RMB, has reportedly halted construction, with machinery on-site inactive [5]. Group 4: Shareholding Changes - The major shareholder of the Animal Kingdom project has changed, with the new largest shareholder being a cooperative rather than a state-owned entity, which raises questions about the company's previous claims regarding its shareholding percentage [6]. - The company has not disclosed its exact shareholding percentage in the Animal Kingdom project in its latest reports, which may violate information disclosure requirements [6]. Group 5: Environmental Concerns - Some reports suggest that the suspension of the Animal Kingdom project may be related to planning and environmental issues, particularly due to its location within a natural ecological protection area [7].

9月9日，天目湖（维权）盘中下跌2.07%，截至11:00，报13.26元/股，成交9362.44万元，换手率 2.59%，总市值35.82亿元。 资金流向方面，主力资金净流出905.03万元，特大单买入0.00元，占比0.00%，卖出100.93万元，占比 1.08%；大单买入1122.49万元，占比11.99%，卖出1926.59万元，占比20.58%。 天目湖今年以来股价涨19.84%，近5个交易日涨0.76%，近20日涨4.49%，近60日涨10.04%。 截至6月30日，天目湖股东户数2.70万，较上期增加58.86%；人均流通股10004股，较上期减少37.05%。 2025年1月-6月，天目湖实现营业收入2.46亿元，同比减少6.49%；归母净利润5472.73万元，同比增长 4.12%。 分红方面，天目湖A股上市后累计派现3.75亿元。近三年，累计派现1.63亿元。 机构持仓方面，截止2025年6月30日，天目湖十大流通股东中，富国中证旅游主题ETF（159766）位居 第七大流通股东，持股174.49万股，为新进股东。长信金利趋势混合A（519994）退出十大流通股东之 列。 责任编辑：小浪 ...

证券代码：603136 证券简称：天目湖 公告编号：2025-040 江苏天目湖旅游股份有限公司 关于使用部分闲置募集资金进行现金管理到期赎回 并继续进行现金管理的公告 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： 履行的审议程序：江苏天目湖旅游股份有限公司(以下简称"公司") 于 2025 年 1 月 10 日，召开了第六届董事会第十一次会议、第六届监事会第九次 会议，审议通过《关于使用闲置募集资金进行现金管理的议案》，同意在确保募 集资金投资项目正常进行和保证募集资金安全的前提下，使用本金总金额不超过 21,000.00 万元闲置募集资金进行现金管理，使用期限不超过 12 个月，在上述 额度及决议有效期内，可以循环滚动使用。闲置募集资金现金管理到期后归还至 募集资金专户。 公司于 2025 年 5 月 15 日、2025 年 5 月 20 日，分别召开了第六届董事会审 计委员会第九次会议和第六届董事会第十三次会议，审议通过《关于使用闲置募 集资金进行现金管理的议案》，同意在确保募集资金投资项目正常 ...

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]

证券代码：603136 证券简称：天目湖 公告编号：2025-039 江苏天目湖旅游股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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： 履行的审议程序：江苏天目湖旅游股份有限公司(以下简称"公司") 于 2025 年 1 月 10 日，召开了第六届董事会第十一次会议、第六届监事会第九次 会议，审议通过《关于使用闲置募集资金进行现金管理的议案》，同意在确保募 集资金投资项目正常进行和保证募集资金安全的前提下，使用本金总金额不超过 21,000.00 万元闲置募集资金进行现金管理，使用期限不超过 12 个月，在上述 额度及决议有效期内，可以循环滚动使用。闲置募集资金现金管理到期后归还至 募集资金专户。 公司于 2025 年 5 月 15 日、2025 年 5 月 20 日，分别召开了第六届董事会审 计委员会第九次会议和第六届董事会第十三次会议，审议通过《关于使用闲置募 集资金进行现金管理的议案》，同意在确保募集资金投资项目正常进行和保证募 集资金安全的前 ...