Fundraising Plan - The company plans to raise a total of up to 500 million yuan through a private placement of A-shares, which will be allocated to various projects including the construction of a cable car at the Lion Peak Scenic Area, hotel renovations, and transportation equipment upgrades [1][2][3] Project Necessity and Feasibility Lion Peak Scenic Area Cable Car Project - The cable car project is a strategic initiative aligned with the Anhui provincial government's development goals, aimed at enhancing the cultural tourism industry in the region [3][4] - It is part of the overall planning for the Jiuhua Mountain Scenic Area, facilitating better connectivity between various scenic spots and improving visitor experience [5][6] - The project addresses the urgent need for improved transportation infrastructure in response to increased visitor traffic and environmental pressures [5][6] Hotel Renovation Projects - The renovations of Jiuhua Mountain's hotels are essential for enhancing the area's tourism image and meeting the growing expectations of modern travelers [10][11] - Upgrades are necessary to maintain competitiveness against newly opened hotels and to improve the overall guest experience [12][15] - The projects align with national and local policies promoting high-quality tourism development [13][14] Transportation Equipment Upgrade Project - The project aims to address the current inadequacies in the company's transportation capacity, particularly during peak tourist seasons [21][22] - It involves the acquisition of new vehicles to replace aging ones, ensuring better service quality and operational efficiency [21][22] - The initiative also supports local community needs by providing reliable transportation options for residents and students [22][23] Financial Impact - The fundraising will enhance the company's capital strength and asset scale, although short-term financial metrics may show a decline [27] - The successful implementation of these projects is expected to increase revenue and profitability in the long run, supporting sustainable growth [27][28]

Core Viewpoint - The announcement details the impact of the specific issuance of A-shares on the company's immediate returns, highlighting the potential dilution of earnings per share and return on equity, while outlining measures to mitigate these effects [1][5][10]. Financial Impact of the Issuance - The total share capital and net asset scale of the company will increase post-issuance, leading to a risk of diluted earnings per share and decreased return on equity in the short term [2][5]. - The estimated number of shares to be issued is 33,204,000, which will affect the financial metrics based on various profit growth assumptions [2][3]. - Under the assumption of no profit growth, the basic and diluted earnings per share are projected to decrease from 1.68 to 1.29 [4]. - If profits grow by 10%, the basic and diluted earnings per share would decrease to 1.42, while if profits grow by 20%, they would decrease to 1.55 [4]. Necessity and Reasonableness of the Issuance - The issuance is deemed necessary and reasonable as it aligns with the company's main business and future strategic direction, enhancing capital strength and providing funding for business development [5][6]. - The projects funded by the issuance include improvements to existing facilities and services, which are expected to enhance operational efficiency and customer experience [6][8]. Project Relationship and Company Preparedness - The funds will be allocated to projects closely related to the company's existing operations, including upgrades to hotels and transportation services, which are expected to improve service quality and operational efficiency [6][8]. - The company has a well-prepared team with experience in managing the new projects, ensuring effective implementation and operational support [7][8]. Measures to Mitigate Dilution of Immediate Returns - The company plans to accelerate the investment progress of the funded projects to achieve expected benefits as soon as possible, thereby enhancing profitability and reducing the dilution impact on shareholders [9][10]. - Strict management of the raised funds will be implemented to ensure they are used effectively and in accordance with regulations [9][10]. - The company will enhance its governance and internal controls to protect shareholder interests and ensure sustainable development [9][10]. Commitments from Major Stakeholders - The controlling shareholder and the board of directors have made commitments to uphold the interests of the company and its shareholders, ensuring that any dilution effects are addressed responsibly [10][11].

Group 1 - The company is planning to issue A-shares to specific investors, including its controlling shareholder, Anhui Jiuhua Mountain Cultural Tourism and Health Group Co., Ltd, which constitutes a related party transaction [1][2] - The issuance requires approval from higher-level state-owned asset management departments, the company's shareholders' meeting, and must be reviewed and registered by the Shanghai Stock Exchange and the China Securities Regulatory Commission [1][12] - The controlling shareholder holds 29.93% of the company's shares and is recognized as a related party under the Shanghai Stock Exchange's regulations [2][3] Group 2 - The transaction involves the subscription of A-shares at a price not lower than 80% of the average trading price over the previous 20 trading days, and not lower than the latest audited net asset value per share [4][5] - The final issuance price will be determined after the review and registration process, and the controlling shareholder will not participate in the pricing process but agrees to subscribe at the same price as other investors [5][7] - The funds raised will be used for various projects, including the renovation of hotels and improvements to transportation facilities, which will enhance the company's competitiveness and profitability [11][12] Group 3 - The company will not change its controlling shareholder or management structure as a result of this issuance [12] - The board of directors has approved the related party transaction, with related directors abstaining from voting [13] - The transaction is subject to various procedural requirements, including approvals from state-owned asset management departments and the shareholders' meeting [12][13]

（容诚专字2020230Z0805 号），截至 2019 年末，募集资金已使 用完毕，募集资金账户已销户，公司募集资金投资项目未发生变更，亦未发生对 外转让的情况。 关于无需编制前次募集资金使用情况报告的公告 鉴于上述情况，公司本次向特定对象发行股票无需编制前次募集资金使用情 况报告，也无需聘请会计师事务所对前次募集资金使用情况出具鉴证报告。 特此公告。 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、准确性和完整性依法承担法律责任。 证券代码：603199 股票简称：九华旅游 公告编号：临 2025-023 根据中国证券监督管理委员会《监管规则适用指引——发行类第 7 号》的有 关规定："前次募集资金使用情况报告对前次募集资金到账时间距今未满五个会 计年度的历次募集资金实际使用情况进行说明，一般以年度末作为报告出具基准 日，如截止最近一期末募集资金使用发生实质性变化，发行人也可提供截止最近 一期末经鉴证的前募报告。" 安徽九华山旅游发展股份有限公司（以下简称"公司"）自 2015 年首次公开 发行股票并上市以来，不存在通过配股、增发、可转换公司债券等方式 ...

安徽九华山旅游发展股份有限公司 募集资金管理办法 （2025年5月修订） 第一章 总 则 第一条 为规范安徽九华山旅游发展股份有限公司（以下简 称"公司"）募集资金管理，提高募集资金使用效率，根据《中 华人民共和国公司法》《中华人民共和国证券法》《上市公司证 券发行注册管理办法》《上市公司募集资金监管规则》《上海证 券交易所股票上市规则》及《上海证券交易所上市公司自律监管 指引第1号——规范运作》等法律法规和规章制定本办法。 第二条 本办法所称募集资金系指公司通过发行股票或者其 他具有股权性质的证券，向投资者募集并用于特定用途的资金， 但不包括上市公司为实施股权激励计划募集的资金。 本办法所称超募资金是指实际募集资金净额超过计划募集 资金金额的部分。 第三条 公司应当建立并完善募集资金存放、管理、使用、 改变用途、监督和责任追究的内部控制制度，明确募集资金使用 的分级审批权限、决策程序、风险控制措施及信息披露要求，规 范使用募集资金。 公司应当将募集资金内部控制制度及时在上海证券交易所 网站上披露。 第四条 公司董事会应当持续关注募集资金存放、管理和使 用情况，有效防范投资风险，提高募集资金使用效益。 公司的 ...

Core Viewpoint - The company has approved a plan to issue A-shares to specific investors, aiming to raise funds for various projects, including hotel renovations and transportation improvements at the Jiuhua Mountain scenic area [1][2][7]. Group 1: Board Meeting Decisions - The board meeting was held on May 20, 2025, with all seven directors present, and the resolutions were passed unanimously [1]. - The company has confirmed its eligibility to issue A-shares to specific investors under current laws and regulations [1][2]. - The proposal for the issuance of A-shares will be submitted for approval at the first extraordinary general meeting of shareholders in 2025 [2][10]. Group 2: Issuance Details - The A-shares will be issued to no more than 35 specific investors, including the controlling shareholder, Anhui Jiuhua Mountain Cultural Tourism Health Group [3][4]. - The issuance will be conducted through a competitive bidding process, with the issue price set at no less than 80% of the average stock price over the previous 20 trading days [4][5]. - The total amount to be raised is expected to be no more than 500 million yuan (50,000 million) [7][8]. Group 3: Fund Utilization - The raised funds will be allocated to several projects, including the renovation of Jiuhua Mountain hotels and improvements to transportation facilities [7][8][9]. - The company plans to initially invest its own funds in these projects before the raised funds are available, with adjustments made based on the actual amount raised [9]. Group 4: Shareholder Agreements and Commitments - The controlling shareholder has committed to purchasing at least 32% of the shares issued in this round, with a lock-up period of 36 months for their shares [6][10]. - Other investors will have a lock-up period of 6 months for their shares post-issuance [6][10]. Group 5: Future Planning and Governance - The board has proposed a three-year dividend return plan for shareholders from 2025 to 2027 [13]. - The company will establish a new branch to enhance its cultural tourism market presence [19]. - A proposal for the first extraordinary general meeting of shareholders in 2025 has been approved, scheduled for June 5, 2025 [20].

Group 1 - The company, Anhui Jiuhua Mountain Tourism Development Co., Ltd., is convening its first extraordinary general meeting of shareholders in 2025 on June 5, 2025, at 14:00 [1][2] - The meeting will utilize a combination of on-site and online voting methods, with the online voting system provided by the Shanghai Stock Exchange [1][2] - Shareholders must be registered by the close of trading on May 30, 2025, to attend the meeting and can appoint proxies to vote on their behalf [4][5] Group 2 - The agenda includes several non-cumulative voting proposals, such as the feasibility analysis report for the issuance of A-shares to specific targets and measures to mitigate the dilution of immediate returns [2][3] - Other proposals include signing conditional share subscription agreements and authorizing the board to handle specific matters related to the issuance of A-shares [2][3] - The meeting will not provide any gifts, and attendees are responsible for their own travel and accommodation expenses [5]

第四条 公司董事会应当持续关注募集资金存放、管理和使 安徽九华山旅游发展股份有限公司 募集资金管理办法 （2025年5月修订） 第一章 总 则 第一条 为规范安徽九华山旅游发展股份有限公司（以下简 称"公司"）募集资金管理，提高募集资金使用效率，根据《中 华人民共和国公司法》《中华人民共和国证券法》《上市公司证 券发行注册管理办法》《上市公司募集资金监管规则》《上海证 券交易所股票上市规则》及《上海证券交易所上市公司自律监管 指引第1号——规范运作》等法律法规和规章制定本办法。 第二条 本办法所称募集资金系指公司通过发行股票或者其 他具有股权性质的证券，向投资者募集并用于特定用途的资金， 但不包括上市公司为实施股权激励计划募集的资金。 本办法所称超募资金是指实际募集资金净额超过计划募集 资金金额的部分。 第三条 公司应当建立并完善募集资金存放、管理、使用、 改变用途、监督和责任追究的内部控制制度，明确募集资金使用 的分级审批权限、决策程序、风险控制措施及信息披露要求，规 范使用募集资金。 公司应当将募集资金内部控制制度及时在上海证券交易所 网站上披露。 1 用情况，有效防范投资风险，提高募集资金使用效益。 公 ...

经自查，公司最近五年不存在被证券监管部门或交易所处罚的情况。 证券代码：603199 股票简称：九华旅游 公告编号：临 2025-027 安徽九华山旅游发展股份有限公司 关于最近五年未被证券监管部门和交易所采取监管 措施或处罚情况的公告 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、准确性和完整性依法承担法律责任。 安徽九华山旅游发展股份有限公司（以下简称"公司"）始终严格按照《中 华人民共和国公司法》《中华人民共和国证券法》《上海证券交易所股票上市规则》 等法律法规及《公司章程》的规定和要求，不断完善公司法人治理机制，建立健 全内部管理及控制制度，提高公司治理水平，促进公司持续规范发展。 鉴于公司拟申请向特定对象发行股票，根据中国证券监督管理委员会相关要 求，现将公司最近五年被证券监管部门和交易所采取监管措施或处罚的情况及相 应的整改落实情况说明如下： 一、公司最近五年被证券监管部门和交易所处罚的情况 二、公司最近五年被证券监管部门和交易所采取监管措施的情况 经自查，公司最近五年不存在被证券监管部门或交易所采取监管措施的情况。 特此公告。 安徽九华山旅 ...

安徽九华山旅游发展股份有限公司（以下简称"公司"）自 2015 年首次公开 发行股票并上市以来，不存在通过配股、增发、可转换公司债券等方式募集资金 的情形。公司前次募集资金为首次公开发行股票募集资金，并于 2015 年 3 月 17 日到账，到账时间至今已超过五个会计年度。 根据容诚会计师事务所（特殊普通合伙）出具的《募集资金年度存放与使用 情况鉴证报告》（容诚专字[2020]230Z0805 号），截至 2019 年末，募集资金已使 用完毕，募集资金账户已销户，公司募集资金投资项目未发生变更，亦未发生对 外转让的情况。 鉴于上述情况，公司本次向特定对象发行股票无需编制前次募集资金使用情 况报告，也无需聘请会计师事务所对前次募集资金使用情况出具鉴证报告。 特此公告。 安徽九华山旅游发展股份有限公司董事会 2025年5月21日 证券代码：603199 股票简称：九华旅游 公告编号：临 2025-023 安徽九华山旅游发展股份有限公司 关于无需编制前次募集资金使用情况报告的公告 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、准确性和完整性依法承担法律责任。 ...