证券代码：900929 证券简称：锦旅 B 股 公告编号：2023-028 公司独立董事发表以下独立意见： 1、经审阅高级管理人员候选人王琴女士工作履历等有关资料，没有发现有 违反《公司法》关于高级管理人员任职相关规定的情况，以及被中国证券监督管 理委员会确定为市场禁入者，并且禁入尚未解除的现象。高级管理人员候选人任 职资格合法。 2、高级管理人员候选人王琴女士的聘任程序符合《公司法》和《公司章程》 相关规定。 3、上述高级管理人员的聘任，没有损害股东权益的现象。 特此公告。 上海锦江国际旅游股份有限公司 第十届董事会第十五次会议决议公告 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。 上海锦江国际旅游股份有限公司（以下简称"公司"）于 2023 年 9 月 13 日以 电话、电子邮件和书面形式发出了关于召开第十届董事会第十五次会议的通知， 2023 年 9 月 18 日以通讯方式召开第十届董事会第十五次会议，应参加表决董事 9 人，实际参加表决董事 9 人。本次会议符合《中华人民共和国公司法》、《上海 锦江国际旅游股份 ...

（问题征集二维码） 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、准确性和完整性承担个别及连带责任。 为进一步加强与广大投资者的沟通交流，上海锦江国际旅游股份有限公司 （以下简称"公司"）将参加由上海证监局、上海上市公司协会与深圳市全景网 络有限公司联合举办的"2023 年上海辖区上市公司集体接待日暨中报业绩说明 会"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net/），或下载全景路演 APP,参与本次互动交流，活动时间为 2023 年 9 月 7 日（周四） 14:00-16:30。届时公司高管将在线就公司 2023 年中 报业绩、公司治理、发展战略、 经营状况、融资计划、股权激励和可持续发展 等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与。 联系人及联系方式：董事会秘书 张君女士，电话：021-20375012，邮箱： zhangjun@jjtravel.com。 证券代码：900929 证券简称：锦旅 B 股 公告编号：2023-027 ...

Financial Performance - The company's operating revenue for the first half of 2023 reached ¥227,705,620.20, a significant increase of 316.10% compared to ¥54,723,343.51 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥32,460,418.63, representing a remarkable growth of 585.44% from ¥4,735,705.18 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥30,336,426.99, up 677.41% from ¥3,902,248.70 in the same period last year[18]. - The company achieved a basic earnings per share of CNY 0.2449, a 585.99% increase compared to the same period last year[19]. - The company reported a total operating revenue of CNY 227.71 million, up 316.10% year-on-year[27]. - The net profit attributable to shareholders reached CNY 32.46 million, reflecting a 585.44% increase from the previous year[27]. - The company reported a maximum daily deposit limit of RMB 37 million with its controlling shareholder's financial subsidiary, with a deposit interest rate range of 0.39%-1.725%[80]. - The company reported a net profit distribution of CNY -662,781.35 for the first half of 2023, indicating a reduction in retained earnings[122]. Cash Flow and Assets - The net cash flow from operating activities was -¥54,208,728.67, compared to -¥9,854,383.17 in the previous year, indicating a deterioration in cash flow[18]. - Cash and cash equivalents decreased by 41.28% to ¥79,144,452.87 from ¥134,792,070.70, primarily due to increased cash outflows from the recovery of tourism operations[48]. - Accounts receivable rose by 53.96% to ¥99,618,299.08 from ¥64,705,719.78, driven by the recovery of domestic travel and incentive business[48]. - Prepayments increased by 304.84% to ¥58,032,562.64 from ¥14,334,831.76, reflecting higher advance payments to suppliers due to tourism recovery[48]. - Other receivables surged by 1203.55% to ¥48,033,370.29 from ¥3,684,804.96, mainly due to increased dividend income from financial assets[48]. - Total assets at the end of the reporting period amounted to ¥1,161,043,993.48, reflecting an 18.27% increase from ¥981,726,522.32 at the end of the previous year[18]. - The total liabilities as of June 30, 2023, were CNY 344,469,644.98, compared to CNY 289,766,196.35 at the end of 2022, marking an increase of around 19%[100]. - The total equity for the company reached ¥1,115,977,576.00 as of June 30, 2023, compared to ¥981,967,266.17 in the same period last year, indicating an increase of about 13.6%[104]. Business Operations and Strategy - The tourism and related business accounted for 90.94% of total operating revenue, an increase of 20.20 percentage points year-on-year, primarily due to the recovery of tourism post-pandemic[23]. - The company plans to enhance its "精高定" strategy focusing on high-quality service for corporate and business travel, with over 40,000 participants in various programs[29]. - The company is actively developing niche travel products and deep travel experiences, launching several themed tours and customized travel packages[30]. - The company is expanding its cross-border travel offerings, introducing new product lines for European and African destinations[30]. - The company successfully hosted over 500 meetings and events in the first half of the year, welcoming more than 20,000 attendees, indicating a strong rebound in the conference and incentive travel business[31]. - The company launched a new travel platform that integrates various services, enhancing customer experience and operational efficiency[31]. - The "China Cultural Tourism Destination Industry Alliance" was established, involving 28 leading domestic cultural tourism enterprises, aimed at enhancing project cooperation and marketing strategies[32]. Risks and Compliance - There are no significant risks related to the use of funds by controlling shareholders or other related parties[4]. - The company has not violated any decision-making procedures regarding external guarantees[4]. - The company faces significant industry risks due to sensitivity to social, political, and economic events, which can directly impact business development[59]. - The company has a high level of accounts receivable, and market fluctuations along with debtor solvency issues can affect recovery rates[60]. - The rise of online travel agencies has led to increased competition, squeezing profit margins and market share for traditional travel agencies[59]. - The company has implemented measures to enhance risk management, including strengthening institutional frameworks and developing customized travel products[60]. Shareholder and Corporate Governance - The company completed the acquisition of 66,556,270 state-owned shares, accounting for 50.21% of the total share capital, on January 28, 2011[73]. - The largest shareholder, Shanghai Jinjiang Capital Co., Ltd., holds 50.21% of the shares, totaling 66,556,270 shares[90]. - The company did not engage in any significant related party transactions during the reporting period, with total transaction amounts recorded as RMB 0[83]. - There were key personnel changes, with Mr. Sha Deyin elected as the new chairman and Mr. Qian Kang as a new director effective June 9, 2023[64]. - The company has ensured the independence of its personnel, assets, and operations as per its commitments[73]. Environmental and Social Responsibility - The company has maintained a commitment to environmental protection, promoting responsible tourism and reducing paper usage through a paperless office initiative[70]. - No significant environmental violations or negative reports were recorded during the reporting period[70]. Accounting and Financial Reporting - The financial statements have been prepared based on the going concern assumption, indicating no significant doubts about the company's ability to continue operations[129]. - The company follows the accounting standards issued by the Ministry of Finance, ensuring compliance and transparency in financial reporting[128]. - The company recognizes the impact of internal transactions between itself and subsidiaries in the consolidated financial statements, with minority interests reported under "minority shareholder equity" in the consolidated balance sheet[143]. - Financial assets are classified and measured at amortized cost, fair value through other comprehensive income, or fair value through profit or loss, depending on the contractual cash flow characteristics and the business model[150].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 63,846,532.56, representing a 55.15% increase compared to the same period last year[3]. - The net profit attributable to shareholders was CNY -4,432,692.78, with a net profit excluding non-recurring items of CNY -6,504,007.22, both not applicable for year-on-year comparison[3]. - The total revenue from tourism and related businesses was CNY 53,277,332.87, a 72.66% increase year-on-year[7]. - The revenue from domestic tourism reached CNY 14,258,803.17, showing a 203.71% increase year-on-year[6]. - The revenue from outbound tourism was CNY 2,726,263.21, a 50.00% decrease compared to the previous year[6]. - The gross profit margin for tourism and related businesses was 12.22%, reflecting a 2.99% increase compared to the previous year[12]. - The company reported a net profit for Q1 2023 of a loss of ¥6,481,466.42, an improvement from a loss of ¥12,960,020.16 in Q1 2022[35]. - The net profit attributable to the parent company for Q1 2023 was -4,432,692.78 RMB, compared to -11,795,569.73 RMB in Q1 2022, showing an improvement[36]. - Total comprehensive income for Q1 2023 was 25,716,737.02 RMB, down from 30,961,229.09 RMB in Q1 2022[36]. Cash Flow and Investments - The net cash flow from operating activities was CNY -35,312,796.46, not applicable for year-on-year comparison[3]. - Net cash flow from operating activities was CNY -35,312,796.46, a net outflow increase of CNY 30,086,629.18 compared to CNY -5,226,167.28 in the previous year, attributed to increased cash payments for goods and services[19]. - Net cash flow from investing activities was CNY -977,191.21, an increase in net outflow of CNY 660,195.36 from CNY -316,995.85 year-on-year, mainly due to higher cash payments for fixed assets and intangible assets[19]. - The company reported a net cash flow from investing activities of -977,191.21 RMB in Q1 2023, compared to -316,995.85 RMB in Q1 2022[38]. - The net cash flow from financing activities was -44,482.50 RMB in Q1 2023, unchanged from Q1 2022[38]. Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 989,624,038.64, a 0.80% increase from the end of the previous year[4]. - Total assets increased to ¥989,624,038.64 from ¥981,726,522.32, a growth of 0.9%[32]. - Total liabilities decreased to ¥271,946,975.65 from ¥289,766,196.35, a reduction of 6.1%[32]. - Shareholders' equity increased to ¥717,677,062.99 from ¥691,960,325.97, an increase of 3.7%[32]. Operating Costs and Expenses - Operating costs for the current period reached CNY 51,722,919.87, a 59.73% increase from CNY 32,382,182.07 in the same period last year, primarily due to the recovery of tourism business[15]. - Total operating costs for Q1 2023 were ¥73,403,331.24, up 33.3% from ¥55,061,638.75 in Q1 2022[34]. - The total operating expenses for Q1 2023 were 84,435,760.82 RMB, significantly higher than 20,335,057.03 RMB in Q1 2022[37]. Other Income and Financial Metrics - Other income increased by 237.45% to CNY 2,754,293.73 from CNY 816,206.87 in the same period last year, primarily due to rental income and support funds received[19]. - The company experienced a decrease in other comprehensive income attributable to the parent company, which was 32,198,203.44 RMB in Q1 2023, down from 43,921,249.25 RMB in Q1 2022[36]. - Financial expenses decreased by 150.38% to CNY -72,053.73 from CNY 143,018.88 year-on-year, mainly due to increased interest income[16]. - Investment income rose by 142.85% to CNY 309,505.30 from CNY 127,448.84 year-on-year, mainly due to the recovery of joint venture operations[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,528[25]. - The largest shareholder, Shanghai Jinjiang Capital Co., Ltd., holds 50.21% of the shares, totaling 66,556,270 shares[25]. - The company has ceased to renew the financial service framework agreement with its controlling shareholder's financial company, with deposits and loans at CNY 0 as of March 24, 2023[22].

上海锦江国际旅游股份有限公司 关于参加 2023 年上海辖区上市公司 年报集体业绩说明会的公告 证券代码：900929 证券简称：锦旅 B 股 公告编号：2023-014 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。 为进一步加强与广大投资者的沟通交流，上海锦江国际旅游股份有限公司 （以下简称"公司"）将参加"2023 年上海辖区上市公司年报集体业绩说明会" 活动，现将有关事项公告如下： 本次业绩说明会活动将采取网络的方式举行，投资者可以登录"上证路演 中心"网站（http://roadshow.sseinfo.com）或关注微信公众号上证路演中心 参与活动，活动时间为 2023 年 5 月 10 日（周三）15:00 至 17:00。 届时公司的董事长、首席执行官、独立董事、财务负责人以及董事会秘书 将通过网络在线交流形式与投资者就公司治理、发展战略、经营状况、融资计划、 股权激励和可持续发展等投资者关注的问题进行沟通。 投资者可于 2023 年 4 月 26 日至 5 月 9 日 16:00 前通过邮箱或电话方式向 ...

Financial Performance - In 2022, the company's net profit was RMB 6,093,912.57, with a distributable profit at the end of the year amounting to RMB 547,145,061.49 after accounting for previous distributions[4]. - The proposed cash dividend for 2022 is RMB 0.05 per share, totaling RMB 662,781.35, based on a total share capital of 132,556,270 shares[4]. - The company reported a beginning distributable profit of RMB 541,713,930.27 at the start of 2022, indicating a slight increase in available profits for distribution[4]. - The remaining undistributed profit to be carried forward to the next year is RMB 546,482,280.14, reflecting the company's retained earnings strategy[4]. - The company's operating revenue for 2022 was approximately ¥199.63 million, a decrease of 32.35% compared to ¥295.09 million in 2021[20]. - The net profit attributable to shareholders was approximately -¥76.65 million in 2022, a significant decline from a profit of ¥1.41 million in 2021[20]. - The basic earnings per share for 2022 was -¥0.5783, a decrease of 5,546.87% compared to ¥0.0106 in 2021[21]. - The total assets at the end of 2022 were approximately ¥981.73 million, down 4.86% from ¥1,031.91 million at the end of 2021[20]. - The company reported a net cash flow from operating activities of -¥92.88 million in 2022, worsening from -¥35.75 million in 2021[20]. - The company achieved a consolidated revenue of CNY 199.63 million in 2022, a decrease of 32.35% compared to the previous year[45]. - Operating loss for the year was CNY 76.64 million, an increase in loss of CNY 74.61 million year-over-year[45]. Compliance and Governance - The company has confirmed that there are no non-operational fund occupations by controlling shareholders or related parties, ensuring financial integrity[6]. - The company has not violated decision-making procedures for external guarantees, indicating compliance with regulatory standards[6]. - The board of directors has ensured the authenticity and completeness of the annual report, with no false records or misleading statements[7]. - The company has received a standard unqualified audit report from Deloitte Huayong, affirming the accuracy of its financial statements[7]. - The company maintains strict independence from its controlling shareholder, ensuring separate accounting and responsibility in operations and finances[93]. - The board of directors consists of 3 independent directors, ensuring compliance with legal and regulatory requirements[94]. - The company has established a management system for insider information, with no incidents of insider trading reported during the reporting period[95]. - The company has a complete and independent business system, with no interference from controlling shareholders in its operations[96]. - The company has a well-structured governance system, with regular meetings of the board and supervisory committee[94]. - The company actively maintains transparency and accuracy in its information disclosure practices[94]. Strategic Initiatives and Reforms - The company aims to become a leading comprehensive service provider in the cultural tourism and exhibition industry, as part of its strategic reform plan[30]. - The company has established six specialized working groups to address key operational challenges and enhance performance evaluation mechanisms[31]. - The company is focusing on digital integration and reforming its tour guide sales team to improve operational efficiency[31]. - The company has conducted over 60 meetings to gather feedback and strengthen communication regarding its reform initiatives[31]. - The company has implemented a comprehensive reform plan focusing on business model, system mechanism, and personnel system reform, achieving key goals such as establishing business teams and optimizing organizational structure in 2022[34]. - The company is advancing digital transformation with a three-year action plan, enhancing C-end and B-end business platforms, and optimizing management processes[39]. - The company is focusing on high-end customized travel projects and brand marketing to attract younger demographics and increase repeat purchases[37]. - The company is implementing performance management mechanisms to enhance brand building and optimize traditional business models[79]. - The company is accelerating its national business layout through a platform model, integrating six unified functions including brand standards and customer service, and enhancing member engagement with a new distribution mini-program[81]. Market and Industry Trends - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans, urging investors to consider potential risks[5]. - The tourism market is expected to enter a phase of recovery and optimization in the second quarter of 2023, with summer tourism potentially reaching pre-pandemic levels[78]. - The company is preparing for the recovery of the cultural tourism industry while managing the impacts of the pandemic on its operations[30]. - The company is actively engaging with local governments and cultural tourism departments to integrate resources and promote a new sales model combining "scenic spots + hotels + specialty products"[37]. - The company is focusing on product iteration and upgrading, emphasizing high-end and customized travel products to meet market demand and leveraging resource advantages through charter flights and partnerships[84]. Employee and Operational Management - Over 300 job positions were announced for internal recruitment, with more than 300 employees participating in interviews across 36 sessions[33]. - The company successfully relocated over 200 employees from its travel agency businesses, ensuring a smooth transition and laying a foundation for high-quality development[35]. - The company has implemented a salary policy that combines position salary and performance rewards, linking performance rewards to company performance and individual contributions[117]. - The company has established a multi-level training mechanism for management, technical personnel, and frontline service staff to support continuous development[118]. - The company is committed to talent development, promoting a culture of expertise and nurturing young talent to build a sustainable workforce[87]. Financial Management and Investments - The company received cash dividends of CNY 39.03 million from stock distributions, an increase of CNY 4.19 million compared to the previous year[63]. - Cash and cash equivalents at the end of the period were CNY 134.79 million, a decrease of 30.21% from CNY 193.15 million at the end of the previous period, mainly due to reduced cash inflow from tourism[65]. - The company provided entrusted loans to its subsidiaries and joint ventures totaling RMB 19,312.15 million as of the end of the reporting period[155]. - The company has a consistent strategy of providing supplementary working capital loans to various subsidiaries, ensuring liquidity and operational support[161]. - The company has outstanding loans of CNY 300,000 and CNY 500,000 with an interest rate of 3.48%, generating actual returns of CNY 1,859.18 and CNY 1,096.44 respectively[162]. Environmental and Social Responsibility - The company promotes a "paperless office" concept, reducing paper usage through an OA system for various approval processes[132]. - The company has taken measures to reduce carbon emissions by implementing a paperless operation strategy[133]. - The company emphasizes employee rights protection, adhering to labor laws and enhancing employee engagement through training and incentive mechanisms[135]. - The company actively participates in social governance and community service, including pandemic prevention efforts and volunteer activities[138]. - The company promotes green and low-carbon management practices, maintaining a positive environmental image without any reported violations[139].

Financial Performance - The company's operating revenue for Q3 2022 was ¥53,886,861.23, a decrease of 37.21% compared to the same period last year, and a total revenue of ¥108,610,204.74 for the year-to-date, down 51.96% year-on-year[5]. - The net profit attributable to shareholders was -¥19,119,018.20 for the quarter, with a year-to-date net profit of -¥14,383,313.02, indicating significant losses due to reduced operating income[5]. - The basic earnings per share for the quarter was -¥0.1442, compared to -¥0.1085 for the same period last year[6]. - The weighted average return on equity decreased to -2.50%, down 1.35 percentage points from the previous year[6]. - Operating revenue for the period from January 1 to September 30, 2022, was CNY 108,610,204.74, a decrease of 51.96% compared to CNY 226,062,031.85 in the same period of 2021, primarily due to the impact of the pandemic on tourism operations[16]. - The net profit for the first three quarters of 2022 was a loss of CNY 18.12 million, compared to a profit of CNY 2.51 million in the same period of 2021, marking a significant decline[32]. - The total comprehensive income for the first three quarters of 2022 was CNY -15.40 million, compared to CNY -2.14 million in the same period of 2021[33]. Cash Flow and Assets - The company's cash flow from operating activities was -¥58,420,102.86 year-to-date, reflecting a significant cash outflow[5]. - Net cash flow from operating activities was CNY -58,420,102.86, a decrease of CNY 33,184,695.61 compared to CNY -25,235,407.25 in the previous year, mainly due to reduced cash received from sales of goods and services[18]. - Cash received from sales of goods and services in the first three quarters of 2022 was CNY 107.74 million, down from CNY 237.61 million in 2021, reflecting a decrease of approximately 54.7%[35]. - The total assets at the end of the quarter were ¥1,009,526,496.22, a decrease of 2.17% from the end of the previous year[6]. - As of September 30, 2022, the total assets of Shanghai Jinjiang International Tourism Co., Ltd. amounted to CNY 1,009,526,496.22, a decrease from CNY 1,031,909,388.05 at the end of 2021[28]. - The company's current assets totaled CNY 258,273,984.59, down from CNY 274,615,673.73 in the previous year[27]. - Cash and cash equivalents were reported at CNY 172,309,617.81, compared to CNY 193,150,787.52 at the end of 2021[27]. - The ending balance of cash and cash equivalents as of Q3 2022 was 166,889,617.81, down from 201,514,310.16 in Q3 2021[37]. Tourism Revenue Impact - The revenue from outbound tourism dropped by 94.04% to ¥29,730.00, while inbound tourism revenue fell by 99.63% to ¥3,528.00, primarily due to the impact of the pandemic[8]. - The revenue from domestic tourism decreased by 68.31% to ¥18,591,817.81, contributing to the overall decline in business performance[8]. - Operating costs for the same period were CNY 89,329,856.38, down 50.71% from CNY 181,220,090.67 year-on-year, also attributed to the pandemic's effect on tourism[16]. Government Support and Other Income - The company reported a government subsidy of ¥174,828.53 for the quarter, totaling ¥1,256,120.20 year-to-date, which is crucial for mitigating losses[7]. - Other income decreased by 67.31% to CNY 1,248,245.74 from CNY 3,817,856.65 year-on-year, mainly due to a reduction in government subsidies included in "other income"[16]. Liabilities and Equity - Total liabilities stood at CNY 272,986,168.22, slightly down from CNY 279,310,036.21 in the previous year[29]. - The company's equity attributable to shareholders was CNY 743,599,816.95, a decrease from CNY 755,921,483.20 at the end of 2021[29]. - The company reported a decrease in total current liabilities to CNY 196,721,995.05 from CNY 202,046,089.43[29]. Miscellaneous - The company has not disclosed any significant new product developments or market expansion strategies in the current report[26]. - The company incurred sales expenses of CNY 46.32 million in the first three quarters of 2022, down from CNY 51.53 million in 2021, reflecting a decrease of approximately 10.4%[31].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥54,723,343.51, a decrease of 60.98% compared to ¥140,247,793.03 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2022 was ¥4,735,705.18, down 65.30% from ¥13,646,284.25 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,902,248.70, a decline of 65.61% compared to ¥11,346,671.20 in the same period last year[19]. - The company reported a basic earnings per share of CNY 0.0357 for the first half of the year, a decrease of 65.30% compared to the same period last year[20]. - The company's total operating revenue for the reporting period was CNY 54.72 million, down 60.98% year-on-year[28]. - The net profit attributable to shareholders was CNY 4.74 million, representing a decline of 65.30% compared to the previous year[28]. - The company reported a total comprehensive income of CNY 37,898,293.51 for the first half of 2022, down from CNY 41,911,546.45 in the same period of 2021[103]. - The company experienced a significant reduction in sales expenses, which were CNY 30,057,944.31 in the first half of 2022, compared to CNY 31,508,499.36 in the same period of 2021[102]. Cash Flow and Assets - The net cash flow from operating activities for the first half of 2022 was -¥9,854,383.17, compared to -¥23,841,709.70 in the previous year, indicating an improvement[19]. - The company's cash and cash equivalents at the end of the reporting period amount to ¥185,726,966.91, down from ¥193,150,787.52 at the beginning of the period, representing a decrease of approximately 3.3%[94]. - The company reported a net cash decrease of CNY 10,923,820.61 in the first half of 2022, compared to a decrease of CNY 15,341,830.56 in the same period last year[108]. - The company’s cash flow from operating activities showed a net outflow of CNY 3,464,641.72 for the first half of 2022, an improvement from negative CNY 4,903,186.50 in the first half of 2021[110]. - The total assets at the end of the reporting period were ¥1,058,425,340.31, reflecting a growth of 2.57% from ¥1,031,909,388.05 at the end of the previous year[19]. Business Operations and Strategy - The tourism and related business accounted for 70.74% of total operating income, a decrease of 14.75 percentage points year-on-year, primarily due to the impact of the Shanghai lockdown[24]. - The company aims to become a leading comprehensive service provider in the cultural tourism and exhibition industry, focusing on digital transformation[30]. - The company plans to innovate its business model and management mechanisms to stimulate internal growth and achieve high-quality development[30]. - The company launched new local travel products focusing on cultural themes, targeting high-income and educated demographics, and introduced a "City Walk" micro-travel product[32]. - The company has established partnerships with local governments to enhance tourism market promotion and resource integration[34]. Risks and Challenges - The company faces industry risks, including sensitivity to major social, political, and economic events, which can directly affect tourism business[59]. - Operational risks include significant accounts receivable and increasing labor costs, necessitating a certain growth rate to maintain viability[60]. - Market competition risks arise from the rapid growth of online travel agencies, which challenge traditional travel agency business models[60]. - The decline in revenue was primarily attributed to the impact of the COVID-19 pandemic[58]. Shareholder and Equity Information - The total equity attributable to the parent company at the end of the first half of 2022 was CNY 789,834,864.00, an increase from CNY 752,599,351.84 at the end of 2021, representing a growth of approximately 4.95%[113]. - The company distributed CNY 662,781.35 to shareholders during the first half of 2022, which is a reduction compared to the previous year's distribution of CNY 1,749,742.76[114]. - The total owner's equity at the end of the first half of 2022 was CNY 795,526,701.86, compared to CNY 788,972,888.37 at the end of the first half of 2021, showing a growth of about 0.7%[114]. Management and Governance - There were significant changes in management, including the appointment of a new CEO and financial officer[64]. - The company has committed to avoiding substantial competition with its subsidiaries post-acquisition and will ensure fair pricing in related transactions[73]. - The company has not disclosed any plans for profit distribution or capital reserve increase for the half-year period[66]. Accounting and Financial Reporting - The company’s financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance[123]. - The company’s accounting period aligns with the calendar year, from January 1 to December 31[127]. - The company’s accounting currency is Renminbi, reflecting the primary economic environment in which it operates[129]. - The company confirmed that asset impairment losses, once recognized, will not be reversed in future accounting periods[197].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 41,150,176.12, representing a decrease of 11.76% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 11,795,569.73, with basic earnings per share at -0.0890 yuan[4] - Total revenue for Q1 2022 was CNY 41,150,176.12, down from CNY 46,634,929.38 in Q1 2021, representing a decline of approximately 11%[32] - Net profit for Q1 2022 was a loss of CNY 12,960,020.16, compared to a loss of CNY 8,240,991.49 in Q1 2021, indicating a worsening of approximately 57%[33] - The net profit attributable to the parent company's shareholders for Q1 2022 was a loss of ¥11,795,569.73, compared to a loss of ¥7,081,455.11 in Q1 2021, indicating an increase in losses of approximately 66.5% year-over-year[34] - Total comprehensive income for Q1 2022 was ¥30,961,229.09, down from ¥33,165,352.40 in Q1 2021, reflecting a decrease of about 6.5%[34] - Basic earnings per share for Q1 2022 was -¥0.0890, compared to -¥0.0534 in Q1 2021, showing a worsening in earnings per share[34] Cash Flow - The cash flow from operating activities showed a net outflow of CNY 5,226,167.28, indicating a decline in cash generation[4] - The net cash flow from operating activities for Q1 2022 was -5,226,167.28 RMB, an improvement of 6,264,862.73 RMB compared to -11,491,030.01 RMB in Q1 2021[17] - Cash inflows from operating activities totaled ¥47,714,666.64 in Q1 2022, down 16.4% from ¥57,092,721.89 in Q1 2021[37] - Cash outflows from operating activities were ¥52,940,833.92 in Q1 2022, a decrease of 22.8% compared to ¥68,583,751.90 in Q1 2021[37] Assets and Liabilities - Total assets increased by 3.53% year-on-year, reaching CNY 1,068,371,324.85[5] - Total assets as of March 31, 2022, amounted to CNY 1,068,371,324.85, an increase from CNY 1,031,909,388.05 in the previous year[29] - Total current assets decreased to CNY 268,873,150.32 from CNY 274,615,673.73 year-over-year[28] - Total non-current assets increased to CNY 799,498,174.53 from CNY 757,293,714.32 year-over-year[29] - The company reported a decrease in total liabilities to CNY 284,810,743.92 from CNY 279,310,036.21 year-over-year[30] Equity - The company's total equity attributable to shareholders rose by 4.25% to CNY 788,047,162.72[5] - The total equity attributable to shareholders increased to CNY 788,047,162.72 from CNY 755,921,483.20 year-over-year[30] - The total number of ordinary shareholders at the end of the reporting period was 11,946[23] - The largest shareholder, Shanghai Jinjiang Capital Co., Ltd., held 66,556,270 shares, representing 50.21% of total shares[24] Income and Expenses - The gross margin for tourism-related business decreased by 3.05 percentage points, reflecting a challenging market environment[14] - Other income decreased by 57.31% to CNY 816,206.87, primarily due to reduced government subsidies[16] - The company reported a significant decline in investment income, down 66.67% to CNY 127,448.84, mainly due to reduced securities lending profits[16] - Financial expenses increased to 143,018.88 RMB in Q1 2022 from -27,981.23 RMB in Q1 2021, indicating a significant rise in costs[17] - Income tax expenses dropped dramatically by 99.98% to 87.70 RMB in Q1 2022 from 578,927.40 RMB in Q1 2021[17] Inventory and Receivables - The company's inventory decreased by 51.95% to CNY 164,771.45, attributed to reduced raw material purchases[13] - Accounts receivable slightly decreased to CNY 52,127,491.24 from CNY 52,389,897.80 year-over-year[28]

Financial Performance - The net profit for the parent company in 2021 was RMB 31,037,028.50, with a total distributable profit of RMB 541,713,930.27 after adding undistributed profits from previous years[4]. - The proposed cash dividend for 2021 is RMB 0.05 per share, totaling RMB 662,781.35, based on a total share capital of 132,556,270 shares[4]. - The remaining undistributed profit to be carried forward to the next year is RMB 541,051,148.92[4]. - The company's operating revenue for 2021 was approximately ¥295.09 million, a decrease of 2.64% compared to ¥303.10 million in 2020[20]. - The net profit attributable to shareholders was ¥1.41 million, down 74.26% from ¥5.47 million in 2020[20]. - The basic earnings per share decreased to ¥0.0106, a decline of 74.26% from ¥0.0413 in 2020[21]. - The weighted average return on equity was 0.19%, down 0.49 percentage points from 0.68% in 2020[21]. - The company reported a net cash flow from operating activities of -¥35.75 million, an improvement from -¥52.08 million in 2020[20]. - The total assets at the end of 2021 were approximately ¥1.03 billion, a slight increase of 0.43% from ¥1.03 billion at the end of 2020[20]. - The company achieved a consolidated operating revenue of 295.09 million yuan in 2021, a decrease of 2.64% compared to the previous year[40]. - The net profit attributable to shareholders of the listed company was 1.41 million yuan, down 74.26% year-on-year[40]. Audit and Compliance - The company has received a standard unqualified audit report from Deloitte Huayong Accounting Firm[7]. - The company has confirmed that there are no non-operational fund occupations by controlling shareholders or related parties[5]. - The company has not violated decision-making procedures for providing guarantees[5]. - The company has not faced any issues with more than half of the directors being unable to guarantee the authenticity of the annual report[5]. - The report is available in both Chinese and English, with the Chinese version prevailing in case of discrepancies[7]. - The company has maintained its commitment to transparency and accuracy in its financial reporting, with all board members present at the meeting[7]. - The company held 2 shareholder meetings during the reporting period, ensuring compliance with legal requirements and allowing all shareholders to exercise their rights[85]. - The company has established a complete financial management system with independent accounting practices and does not share bank accounts with its controlling shareholder[88]. - The company has implemented measures to ensure the independence of its operations and has not engaged in any non-operational fund occupation by the controlling shareholder[87]. - The company has a dedicated financial accounting department that adheres to strict financial management protocols[88]. Business Strategy and Operations - The company is focusing on online business transformation and has launched personalized travel products targeting local life and deep travel markets[29]. - The company is optimizing its organizational structure and exploring a new operational model to enhance overall competitiveness[29]. - The company aims to enhance user experience by providing personalized travel customization services and integrating new media for marketing[30]. - The company served nearly 9,000 union members through various tourism products, focusing on local experiences and educational activities[32]. - The company successfully hosted over 160,000 visitors during the Flower Expo, selling more than 120,000 tickets[33]. - The company expanded its B2B business by adding 7 large clients and organized a hotel exhibition in Shenzhen with over 100 hotel brands participating[32]. - The company launched new high-end travel products, including the "New Oriental Train" series, targeting high-net-worth clients[31]. - The company developed various educational tourism products aimed at families with children under 12, in response to the "double reduction" policy[32]. - The company is focusing on integrating online and offline tourism products and services to adapt to changing consumer preferences[72]. - The company plans to innovate and enhance domestic tourism under normalized pandemic prevention conditions, while gradually promoting inbound tourism when the international pandemic is effectively controlled[72]. Market and Industry Trends - The company faced challenges in the tourism industry due to the ongoing impact of the COVID-19 pandemic, leading to a weak economic recovery[36]. - In 2021, domestic tourism reached 3.02 trillion RMB, with a year-on-year growth of 19% and 35%, recovering to 57% and 53% of 2019 levels respectively[63]. - During the 2021 National Day holiday, domestic tourist flow recovered to 70.1% of the same period in 2019, with revenue recovery at 59.9%[63]. - The company anticipates that in 2022, domestic tourism will reach 3.81 trillion RMB, with a year-on-year growth of 27%, recovering to nearly 70% of 2019 levels[73]. - The company is targeting the high-end customized travel market and educational tourism, aiming to strengthen brand influence[77]. - The ongoing impact of COVID-19 remains the largest uncertainty affecting tourism recovery, with the company emphasizing innovation and transformation in its business model[76]. Governance and Leadership - The board of directors consists of 3 independent directors, with independent directors serving as chairs of the audit and risk control committee and the compensation and assessment committee[86]. - The company has maintained a consistent board structure with no new appointments or resignations during the reporting period, ensuring continuity in governance[95]. - The company continues to prioritize strong governance practices with a diverse and experienced board composition[94]. - The total pre-tax compensation for the board members during the reporting period amounted to CNY 272.60 million[92]. - The CEO, Le Wenxin, received a pre-tax compensation of CNY 22.68 million, reflecting the company's commitment to leadership remuneration[92]. - The company has a structured remuneration decision process for senior management, which is reviewed by the remuneration and assessment committee[99]. - The company has a clear policy for independent directors' allowances based on the standards approved at the 2018 annual general meeting[99]. - The company has a diverse leadership team with members holding positions in various affiliated organizations, enhancing its governance structure[98]. Financial Management and Investments - The company reported a total investment of approximately 539.53 million RMB in equity investments, with a total book value of 516.51 million RMB at the end of the reporting period[66]. - The company has a total of 8,000,000.00 in entrusted loans with no reported interest income, indicating ongoing financial management strategies[156]. - The company has multiple entrusted loans with varying amounts, including 4,690,000.00 at an interest rate of 4.04% and 1,050,000.00 at 3.90%, demonstrating diverse funding sources[156]. - The company has reported a total of 1,050,000.00 in entrusted loans with a 3.92% interest rate, reflecting a stable income stream from these financial instruments[156]. - The company has successfully recovered 1,263,287.67 from a previously matured loan, indicating effective cash flow management[156]. - The company has ongoing entrusted loans totaling 50,000,000.00 with no maturity yet, suggesting a strategy for long-term financing[156]. - The company has a consistent approach to managing entrusted loans, with several loans set to mature in 2022, indicating a planned financial strategy[156]. Risk Management - The company faces risks including industry sensitivity to external events, operational risks related to accounts receivable, and competition from online travel agencies[81]. - The company has established a systematic internal control system for subsidiaries, enhancing operational efficiency and risk resistance[119]. - The internal control system has been continuously improved, ensuring effective management and compliance, with no significant deficiencies reported during the period[119]. - Deloitte Huayong Accounting Firm conducted an independent audit of the internal control effectiveness, issuing a standard unqualified opinion[121]. Social Responsibility and Environmental Practices - The company actively practices environmental protection, promoting a paperless office concept and ensuring no environmental pollution during tourism operations[124]. - The company has been recognized for its contributions to social governance and community service, including participation in pandemic prevention efforts[131].