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九华旅游回应上交所问询:5亿元定增用于四大项目,完善旅游布局提升竞争力
Xin Lang Cai Jing· 2025-07-23 23:24
Core Viewpoint - Jiuhua Tourism is responding to the Shanghai Stock Exchange's inquiry regarding its application for a specific stock issuance, detailing the necessity and rationality of the fundraising projects and their impact on future operations [1] Group 1: Fundraising Projects - The total amount to be raised through the stock issuance is not more than 500 million yuan, which will be allocated to various projects including the Jiuhua Mountain Lion Peak Scenic Area cable car project, hotel renovation projects, and transportation equipment upgrades [1][2] - The fundraising projects are closely aligned with the company's main business, aimed at expanding business scale and enhancing service quality [2] Group 2: Project Necessity and Implementation - The Lion Peak Scenic Area cable car project will increase the number of cable cars operated by the company to four, helping to optimize visitor distribution and alleviate pressure on the central scenic area [2] - The project has completed all planning, design, and approval processes, with land acquisition progressing smoothly, indicating no major uncertainties in project implementation [3] Group 3: Investment and Financial Projections - The investment calculations for the projects are reasonable, with detailed breakdowns of costs and comparisons to existing projects and industry standards [3] - The expected average ticket price for the cable car is 160 yuan per person, with an anticipated 224,000 visitors in the first year, growing annually by 15% [4] - The projects are expected to significantly increase the company's asset scale, with depreciation and amortization impacts being manageable relative to overall revenue and profit [4] Group 4: Financing and Long-term Development - The financing scale is deemed reasonable based on the company's cash reserves and future capital expenditure plans, addressing existing funding gaps [5] - The stock issuance will provide long-term stable equity financing, enhancing the company's capital strength and risk resilience, supporting the implementation of mid-term development plans [6] - The fundraising projects are strategic moves to capitalize on market trends, improve infrastructure, and strengthen the company's competitive position for sustainable development [6]
九华旅游: 九华旅游第九届董事会第四次会议决议公告
Zheng Quan Zhi Xing· 2025-07-23 14:18
Core Points - The company held its fourth meeting of the ninth board of directors on July 23, 2025, with all seven directors present, complying with relevant regulations [1][2] - The board approved a proposal to initiate the acquisition of 100% equity in Shitai Egrets Bay Tourism Development Co., Ltd. to enhance market competitiveness and integrate tourism resources [1] - The board also approved a proposal to initiate the acquisition of a partial stake in Anhui Shitai Tourism Development Co., Ltd. to optimize the company's industry layout and accelerate the construction of a regional tourism complex [2]
九华旅游: 容诚会计师事务所(特殊普通合伙)关于安徽九华山旅游发展股份有限公司向特定对象发行股票申请文件的审核问询函的回复
Zheng Quan Zhi Xing· 2025-07-23 14:18
Core Viewpoint - Anhui Jiuhua Mountain Tourism Development Co., Ltd. is seeking to raise up to 500 million yuan through a private placement of shares to fund various projects, including the construction of a cable car at the Lion Peak scenic area and renovations of hotels [1][2]. Group 1: Fundraising and Project Details - The total amount to be raised from the private placement is capped at 500 million yuan, which will be allocated to projects such as the Lion Peak cable car, Jiuhua Mountain Julong Hotel renovation, and upgrades to the North Building of Jiuhua Mountain Center Hotel [1][2]. - The cable car project requires land acquisition through bidding procedures, indicating a potential delay in project initiation [1][2]. Group 2: Project Justification and Financial Analysis - The company must clarify how the new projects align with its existing business and whether they comply with regulations regarding investment in core operations [2]. - A detailed analysis of visitor trends at Jiuhua Mountain and Lion Peak, hotel occupancy rates, and transportation capacity is required to justify the necessity and rationality of the new projects [2]. - The company is expected to provide a breakdown of investment costs, including unit project costs and equipment prices, compared to existing projects and industry peers [2]. - Key performance indicators such as average ticket price, visitor numbers, gross margin, and net margin must be forecasted and compared with current company performance and industry benchmarks [2]. Group 3: Financial Health and Risk Assessment - The company needs to assess the impact of new asset depreciation on future operating performance and provide a comprehensive risk assessment [2]. - An evaluation of the company's cash flow, financial assets, and debt ratios is necessary to justify the scale of the fundraising [2].
九华旅游: 安徽九华山旅游发展股份有限公司2025年度向特定对象发行A股股票募集说明书(修订稿)
Zheng Quan Zhi Xing· 2025-07-23 14:18
Company Overview - Anhui Jiuhuashan Tourism Development Co., Ltd. is planning to issue A-shares to specific investors, including its controlling shareholder, Wenlv Group, with a maximum issuance of 33,204,000 shares, not exceeding 30% of the total share capital before the issuance [2][3] - The company has a registered capital of 110.68 million yuan and was established on December 27, 2000, with its shares listed on the Shanghai Stock Exchange since March 26, 2015 [7][8] Financial Information - As of March 31, 2025, Wenlv Group holds 29.93% of the company's shares, making it the controlling shareholder, while the actual controller is the State-owned Assets Supervision and Administration Commission of Chizhou City [8] - Wenlv Group reported total assets of approximately 573.99 million yuan and net profit of about 7.84 million yuan for the first quarter of 2025 [8] Business Operations - The company primarily operates in the tourism service industry, including hotel services, cable car operations, passenger transport, and travel agency services [9][10] - The company relies heavily on the tourism resources of Jiuhua Mountain, and any adverse events affecting the area could negatively impact its business [5] Risk Factors - The company faces risks related to the renewal of its passenger transport exclusive rights, which are crucial for its operations within the Jiuhua Mountain scenic area [3] - Ongoing hotel renovation projects may lead to temporary declines in hotel revenue and profits during the construction period [4] - Regulatory changes regarding ticket pricing and service fees could adversely affect the company's financial performance [4] Industry Characteristics - The tourism industry in China is regulated by various government bodies, with the Ministry of Culture and Tourism overseeing national policies and local tourism bureaus managing regional operations [9][10] - The industry is characterized by a combination of government regulation and self-discipline, with a focus on sustainable development and the protection of natural resources [9][10]
九华旅游(603199) - 安徽九华山旅游发展股份有限公司2025年度向特定对象发行A股股票募集说明书(修订稿)
2025-07-23 13:47
证券代码:603199 证券简称:九华旅游 安徽九华山旅游发展股份有限公司 (住所:安徽省池州市九华山风景名胜区九华街) 2025 年度向特定对象发行 A 股股票 募集说明书 (修订稿) 保荐机构(主承销商) (住所:安徽省合肥市滨湖新区紫云路 1018 号) 二〇二五年七月 安徽九华山旅游发展股份有限公司 2025 年度向特定对象发行 A 股股票 募集说明书 声 明 本公司及全体董事、高级管理人员承诺本募集说明书内容真实、准确、完 整,不存在虚假记载、误导性陈述或重大遗漏,按照诚信原则履行承诺,并承 担相应的法律责任。 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 证本募集说明书中财务会计资料真实、完整。 中国证券监督管理委员会、上海证券交易所对本次发行所作的任何决定或 意见,均不表明其对申请文件及所披露信息的真实性、准确性、完整性作出保 证,也不表明其对发行人的盈利能力、投资价值或者对投资者的收益作出实质 性判断或保证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定,证券依法发行后,发行人经营与收益的变化,由 发行人自行负责。投资者自主判断发行人的投资价值,自主作出投资决策 ...
九华旅游(603199) - 上海天衍禾律师事务所关于安徽九华山旅游发展股份有限公司2025年度向特定对象发行A股股票之补充法律意见书(一)
2025-07-23 13:47
之 补充法律意见书(一) 地址:上海市普陀区云岭东路 89 号长风国际大厦 2006 室 电话:(021)52830657 传真:(021)52895562 上海天衍禾律师事务所 补充法律意见书(一) 上海天衍禾律师事务所 上海天衍禾律师事务所 关于 安徽九华山旅游发展股份有限公司 2025 年度向特定对象发行 A 股股票 关于安徽九华山旅游发展股份有限公司 2025 年度向特定对象发行股票之 补充法律意见书(一) 天律意 2025 第 01827 号 致:安徽九华山旅游发展股份有限公司 根据《公司法》《证券法》《注册管理办法》以及中国证监会、司法部《证 券法律业务管理办法》《律师事务所证券法律业务执业规则(试行)》等有关法 律、法规、规章及规范性文件的规定,九华旅游与本所签订了《聘请专项法律顾 问合同》,委托本所律师汪大联律师、姜利律师(以下简称"本所律师")以特 聘专项法律顾问的身份,参加九华旅游本次发行工作。本所律师按照律师行业公 认的业务标准、道德规范和勤勉尽责精神,出具本补充法律意见书。 本所已就本次发行出具了《上海天衍禾律师事务所关于安徽九华山旅游发展 股份有限公司 2025 年度向特定对象发行股 ...
九华旅游(603199) - 华安证券股份有限公司关于安徽九华山旅游发展股份有限公司2025年度向特定对象发行A股股票之发行保荐书
2025-07-23 13:47
华安证券股份有限公司 关于 安徽九华山旅游发展股份有限公司 2025 年度向特定对象发行 A 股股票 之 发行保荐书 (安徽省合肥市滨湖新区紫云路 1018 号) 保荐机构(主承销商) 二〇二五年七月 3-1-1 声 明 华安证券股份有限公司(以下简称"华安证券""保荐机构"或"本保荐机 构")接受安徽九华山旅游发展股份有限公司(以下简称"九华旅游""发行人" 或"公司")的委托,担任其向特定对象发行 A 股股票(以下简称"本次发行") 的保荐机构。 保荐机构及保荐代表人已根据《中华人民共和国公司法》(以下简称《公司 法》)、《中华人民共和国证券法》(以下简称《证券法》)、《上市公司证券 发行注册管理办法》(以下简称《注册管理办法》)、《上海证券交易所股票上 市规则》(以下简称《上市规则》)等有关法律、法规,诚实守信,勤勉尽责, 严格按照依法制定的业务规则和行业自律规范出具证券发行保荐书,并保证所出 具文件真实、准确、完整。 如无特殊说明,本发行保荐书中的简称或名词释义与《安徽九华山旅游发展 股份有限公司 2025 年度向特定对象发行 A 股股票募集说明书》一致。 3-1-2 | 声 | 明 | 2 | | ...
九华旅游(603199) - 安徽九华山旅游发展股份有限公司与华安证券股份有限公司关于安徽九华山旅游发展股份有限公司向特定对象发行A股股票申请文件审核问询函的回复
2025-07-23 13:47
安徽九华山旅游发展股份有限公司 与 华安证券股份有限公司 关于 安徽九华山旅游发展股份有限公司 向特定对象发行 A 股股票申请文件 保荐机构(主承销商) (住所:安徽省合肥市滨湖新区紫云路 1018 号) 审核问询函的回复 二〇二五年七月 上海证券交易所: 根据贵所于 2025 年 7 月 7 日出具的《关于安徽九华山旅游发展股份有限公 司向特定对象发行股票申请文件的审核问询函》(上证上审(再融资)〔2025〕 200 号)(以下简称"审核问询函")的要求,安徽九华山旅游发展股份有限 公司(以下简称"九华旅游""发行人"或"公司")与华安证券股份有限公 司(以下简称"保荐机构")、上海天衍禾律师事务所(以下简称"发行人律 师")和容诚会计师事务所(特殊普通合伙)(以下简称"申报会计师")等 相关各方,本着勤勉尽责、诚实守信的原则,就审核问询函所提问题逐项进行 认真讨论、核查与落实,并逐项进行了回复说明。除特别说明外,本回复中的 简称与《安徽九华山旅游发展股份有限公司 2025 年度向特定对象发行 A 股股票 募集说明书》(以下简称"《募集说明书》")中的简称具有相同含义。本回 复中所列出的数据可能因四舍五入原 ...
九华旅游(603199) - 华安证券股份有限公司关于安徽九华山旅游发展股份有限公司2025年度向特定对象发行A股股票之上市保荐书
2025-07-23 13:47
华安证券股份有限公司 关于 安徽九华山旅游发展股份有限公司 2025 年度向特定对象发行 A 股股票 之 上市保荐书 保荐机构(主承销商) (安徽省合肥市滨湖新区紫云路 1018 号) 二〇二五年七月 3-2-1 声 明 华安证券股份有限公司(以下简称"华安证券""保荐机构"或"本保荐机 构")接受安徽九华山旅游发展股份有限公司(以下简称"九华旅游""发行人" 或"公司")的委托,担任其 2025 年度向特定对象发行 A 股股票(以下简称"本 次发行")的保荐机构。 本保荐机构及保荐代表人根据《中华人民共和国公司法》(以下简称"《公司 法》")《中华人民共和国证券法》(以下简称"《证券法》")、《证券发行上市保荐 业务管理办法》(以下简称"《保荐管理办法》")、《上市公司证券发行注册管理办 法》(以下简称"《注册管理办法》")、《上海证券交易所股票上市规则》(以下简 称"《上市规则》")、《上海证券交易所发行上市审核规则适用指引第 2 号——上 市保荐书内容与格式》(以下简称"《指引第 2 号》")等法律法规和中国证券监督 管理委员会(以下简称"中国证监会")、上海证券交易所(以下简称"上交所") 的有关规定 ...
九华旅游(603199) - 容诚会计师事务所(特殊普通合伙)关于安徽九华山旅游发展股份有限公司向特定对象发行股票申请文件的审核问询函的回复
2025-07-23 13:47
关于安徽九华山旅游发展股份有限 公司向特定对象发行股票申请文件 的审核问询函的回复 容诚专字[2025]230Z1766 号 容诚会计师事务所(特殊普通合伙) 中国ꞏ北京 7-2-1 к⎧䇱ࡨӔ᱃ᡰ˖ 䍥ᡰҾ 2025 ᒤ 7 ᴸ 7 ᰕࠪާⲴljޣҾᆹᗭҍॾኡ⑨ਁኅ㛑ԭᴹ䲀ޜਨੁ ⢩ᇊሩ䊑ਁ㹼㛑⾘⭣䈧᮷ԦⲴᇑṨ䰞䈒࠭NJ˄к䇱кᇑ˄㶽䍴˅ǒ2025Ǔ200 ਧ˅ᐢ᭦ᚹˈᇩ䈊Պ䇑ᐸһ࣑ᡰ˄⢩↺Პ䙊ਸՉ˅˄ԕлㆰ〠Ā⭣ᣕՊ䇑ᐸā˅ ሩᇑṨ䰞䈒࠭ᡰࡇ䰞仈䘋㹼Ҷ䙀亩㩭ᇎǃṨḕˈ⧠എ༽ྲлˈ䈧ҸԕᇑṨDŽ 䲔⢩࡛䈤᰾ཆˈᵜഎ༽ѝⲴㆰ〠оljᆹᗭҍॾኡ⑨ਁኅ㛑ԭᴹ䲀ޜਨ 2025 ᒤᓖੁ⢩ᇊሩ䊑ਁ㹼 A 㛑㛑⾘ए䳶䈤᰾ҖNJ˄ԕлㆰ〠"ljए䳶䈤᰾ҖNJ"˅ ѝⲴㆰ〠ާᴹ਼ਜ਼ѹDŽᵜഎ༽ѝᡰࡇࠪⲴᮠᦞਟ㜭ഐഋ㠽ӄޕഐ㘼оṩᦞ എ༽ѝᡰࡇ皮Ⲵޣঅ亩ᮠᦞ䇑㇇ᗇࠪⲴ㔃᷌⮕ᴹн਼DŽ ᵜഎ༽ѝⲴᆇփԓ㺘ྲлਜ਼ѹ˖ | 黑体(加粗) | 审核问询函所列问题 | | --- | --- | | ᆻփ | ሩᇑṨ䰞䈒࠭ᡰࡇ䰞仈Ⲵഎ༽ | | 楷体(加粗) | 涉及对募集说明书等申请文件的修改内容 | 1 7-2-2 | 䰞仈 | ...