登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000430 证券简称：*ST张股公告编号：2025-057 张家界旅游集团股份有限公司 关于诉讼事项进展的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 特别提示： 1.案件所处的诉讼阶段：一审判决。 四、株洲中车特种装备科技有限公司对欠付工程价款5,421,047.87元、质量保证金2,484,018.56元有权就 案涉观光电车系统工程主体及其配套设备、设施折价或者拍卖的价款优先受偿； 2.公司所处的当事人地位：被告。 3.涉案金额：20,144,041.52元以及相关的罚息。 4.对公司损益产生的影响：本次判决为一审判决且目前尚未生效，该案件最终诉讼结果存在不确定性， 暂无法判断对公司本期利润或期后利润的影响。敬请广大投资者注意投资风险。 一、本次诉讼事项基本情况 张家界旅游集团股份有限公司（以下简称"公司"）与株洲中车特种装备科技有限公司（以下简称"株洲 中车公司"）工程总承包合同纠纷一案情况详见公司于2024年12月25日披露的《张家界旅游集团股份有 限公司关于诉讼及分公司部分银行账户 ...

Legal Issues - Danghong Technology is involved in a lawsuit with Guangxi Broadcasting Network Technology Development Co., Ltd., with a counterclaim amounting to RMB 35.9495 million, excluding legal fees and other costs [3] - Zhangjiajie faces a court ruling in a contract dispute with Zhuzhou CRRC Engineering, with the amount in question being RMB 20.144 million plus related penalties [12] Regulatory Actions - Keres received an administrative regulatory decision from the Guangdong Securities Regulatory Bureau for violations related to accounts receivable aging calculations and related party transactions [4] Business Developments - Dongfang Yuhong acquired mining rights for limestone in a bid worth RMB 267 million, valid from November 24, 2025, to November 24, 2045 [5] - Saikexide has received approval for three medical device products, enhancing its product range in the in vitro diagnostics sector [6] - Huayou Cobalt signed a supply agreement with Yiwei Lithium Energy for high-nickel ternary cathode materials, with an estimated supply of 127,800 tons from 2026 to 2035 [7] Stock Performance and Corporate Actions - Mengtian Home experienced a five-day stock price increase, with a total rise of 61.08%, significantly outpacing the Shanghai Composite Index [9] - Jiumuwang's stock showed abnormal fluctuations, with a revenue decline of 6.02% year-on-year for the first three quarters [10] - Huafeng shares are suspended due to a potential change in control, with a stock suspension expected to last no more than three trading days [11] - Baiyun Electric conducted its first share buyback, acquiring 86,500 shares for a total of RMB 1.0034 million [13] - Mercury Home Textiles plans to repurchase and cancel 137,200 restricted shares due to employee departures and performance issues [14] - Petty Co. announced a share buyback plan of RMB 50 million to 70 million, with a maximum price of RMB 26 per share [15] - Century Huatong obtained a loan commitment of up to RMB 900 million from China Merchants Bank for stock repurchase purposes [17] Shareholding Changes - Tongding Interconnection's major shareholder plans to reduce its stake by up to 0.49% [18] - Wanrun Co.'s controlling shareholder plans to increase its stake by no less than RMB 365 million and no more than RMB 730 million [19]

Group 1 - Donghong Technology is involved in a lawsuit with a claim amounting to RMB 35.95 million, with some bank accounts frozen totaling RMB 30 million, and actual frozen funds of RMB 20.84 million [1] - Keres received an administrative regulatory decision from the Guangdong Securities Regulatory Commission for violations related to accounts receivable aging calculation, related party transaction disclosure, fundraising management, and insider information management [2] - Oriental Yuhong successfully bid RMB 267 million for mining rights, valid from November 24, 2025, to November 24, 2045 [3] Group 2 - Saikexide has received approval for three medical device products, enhancing its product range and competitiveness in the in vitro diagnostics field [4] - Huayou Cobalt signed a supply agreement with Yiwei Lithium Energy for high-nickel ternary cathode materials, expected to supply approximately 127,800 tons from 2026 to 2035 [5] - Meng Tian Home's stock price has hit the limit for five consecutive trading days, with a total increase of 61.08%, significantly deviating from the Shanghai Composite Index's decline of 1.77% during the same period [6] Group 3 - Jiumuwang's stock experienced abnormal fluctuations, with a revenue decline of 6.02% year-on-year for the first three quarters of 2025, totaling RMB 633.13 million [7] - Huafeng Co. announced a continued suspension of trading due to a planned change in control, with the suspension expected to last no more than three trading days [8] - Zhangjiajie is involved in a court case with Zhuzhou CRRC Engineering, with a judgment amount of RMB 20.14 million, including penalties and related fees [9] Group 4 - Baiyun Electric conducted its first share buyback, acquiring 86,500 shares for a total of RMB 1.0034 million [11] - Mercury Home Textiles plans to repurchase and cancel 137,200 restricted shares due to the departure of two incentive targets and underperformance of five others [12] - Petty Co. approved a share buyback plan of RMB 50 million to 70 million, with a maximum price of RMB 26 per share, aimed at employee stock ownership plans [13] Group 5 - Century Huatong obtained a commitment letter from China Merchants Bank for a stock buyback loan of up to RMB 900 million, valid for 12 months [14] - Tongding Interconnection announced a major shareholder's plan to reduce holdings of up to 605,800 shares due to personal funding needs [15] - Wanrun Co.'s controlling shareholder plans to increase its stake in the company by investing between RMB 365 million and 730 million over the next six months [16]

张家界公告称，其与株洲中车工程总承包合同纠纷一案一审判决，公司作为被告，涉案金额2014.40万 元及相关罚息。2025年11月24日，法院判决公司观光电车分公司向株洲中车支付工程款、违约金、节约 投资奖励、返还质量保证金等；株洲中车对部分款项就案涉工程折价或拍卖价款优先受偿。案件受理 费、保全费共15.20万元，株洲中车负担4.40万元，观光电车分公司负担10.80万元。一审判决未生效， 结果不确定，暂无法判断对利润影响。 ...

证券代码：000430 证券简称：*ST张股 公告编号：2025-057 张家界旅游集团股份有限公司 关于诉讼事项进展的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 特别提示： 1.案件所处的诉讼阶段：一审判决。 2.公司所处的当事人地位：被告。 3.涉案金额：20,144,041.52 元以及相关的罚息。 4.对公司损益产生的影响：本次判决为一审判决且目前尚未生效， 该案件最终诉讼结果存在不确定性，暂无法判断对公司本期利润或期 后利润的影响。敬请广大投资者注意投资风险。 一、本次诉讼事项基本情况 张家界旅游集团股份有限公司（以下简称"公司"）与株洲中车 特种装备科技有限公司（以下简称"株洲中车公司"）工程总承包合同 纠纷一案情况详见公司于 2024 年 12 月 25 日披露的《张家界旅游集 团股份有限公司关于诉讼及分公司部分银行账户被冻结的公告》（公 告编号：2024-057）。 二、本次诉讼事项进展情况 2025 年 11 月 24 日，公司收到湖南省张家界市永定区人民法院 （2024）湘 0811 民初 703 号民事判决书，判决如下： 一、张 ...

Core Insights - Zhangjiajie Tourism Group Co., Ltd. (referred to as "Zhangjiajie Group") has made significant progress in its restructuring efforts, with a total investment of approximately 1.586 billion yuan from 17 investors, indicating strong confidence in the company's post-restructuring value [1][2][3] - The restructuring involves strategic investments from major state-owned enterprises, which will help alleviate Zhangjiajie Group's debt and liquidity issues, enabling the company to return to normal operations [2][3] - The domestic cultural and tourism market is experiencing a robust recovery, providing Zhangjiajie Group with unprecedented development opportunities as a world-class tourist destination [3] Investment and Financial Details - Zhangjiajie Group has completed two rounds of agreements since November 13, with investments led by Hunan Broadcasting and Television Group's subsidiaries, including Hunan Electric Media Co., Ltd. and Mango Super Media Co., Ltd., along with 15 other strong enterprises [1] - The first batch of eight strategic investors, including state-owned enterprises, subscribed to 325 million shares at a price of 3.96 yuan per share, totaling an investment of approximately 1.287 billion yuan [1] - Nine financial investors acquired 41 million shares at a price of 7.3 yuan per share, contributing an additional investment of about 299 million yuan [1] Operational Recovery and Market Position - In 2022, Zhangjiajie Group optimized costs and secured over 70 million yuan in government support, which helped alleviate financial pressure [2] - The company achieved a year-on-year revenue growth of 217.02% in 2023, indicating effective measures to increase income [2] - Zhangjiajie Group operates a comprehensive resource ecosystem, including tourism agencies, scenic spots, transportation, hotels, and online marketing platforms, making it an indispensable player in the local tourism market [2][3]

Core Viewpoint - Zhangjiajie Tourism Group Co., Ltd. has entered a restructuring process, supported by strong backing from state-owned enterprises, local government policies, and systematic governance optimization, which together create a solid value foundation for long-term investment [1] Group 1: Restructuring Highlights - The participation of multiple state-owned listed companies in the restructuring provides stable expectations and quality resource support [1] - Hunan Electric Media Co., Ltd., as a leading cultural enterprise in Hunan Province, offers robust policy coordination and resource support for cultural tourism integration projects [1] - The core implementation entity, Mango Cultural Tourism Investment Co., Ltd., will leverage its nearly 20 years of experience in cultural tourism project management for the transformation of Duyong Ancient City [2] Group 2: Collaborative Efforts - A specialized operating company will be jointly established by Electric Media and other professional cultural tourism institutions to lead the quality improvement and market-oriented operation of Duyong Ancient City [2] - Caesar Travel Development Co., Ltd. will collaborate with Zhangjiajie Tourism Group on tourism product development, supply chain optimization, and expanding domestic and international customer sources [2] - The involvement of Jifuqingyuan Investment Partnership will inject cultural connotations into the scenic area, enhancing visitor return rates through brand linkage and co-hosted events [2] Group 3: Financial and Structural Support - Zhangjiajie Industrial Investment (Holding) Co., Ltd. has acquired 1.09 billion shares at a price of 3.96 yuan per share, demonstrating confidence in the company's future development [3] - The restructuring agreement includes participation from 17 restructuring investors, many of whom have state-owned backgrounds, providing dual guarantees of financial support and resource empowerment [3] - The implementation of the restructuring plan is expected to fundamentally improve the asset-liability structure of Zhangjiajie Tourism Group, enhancing the profitability of its core business [3]

Market Overview - The tourism and scenic spots sector experienced a decline of 3.08% on November 21, with Dalian Shengya leading the drop [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Stock Performance - Dalian Shengya saw a significant drop of 10.00%, closing at 47.34, with a trading volume of 147,500 shares and a transaction value of 714 million [2] - Other notable declines included Tianfu Culture Tourism (-4.18%), Changzi Mountain (-4.08%), and Qujiang Culture Tourism (-3.93%) [2] Capital Flow - The tourism and scenic spots sector experienced a net outflow of 486 million from main funds, while retail investors saw a net inflow of 461 million [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2] Individual Stock Capital Flow - Yunnan Tourism had a main fund net inflow of 10.99 million, while it faced a retail net outflow of 32.27 million [3] - Huangshan Tourism and Sanxia Tourism experienced significant net outflows from main funds, at 10.61 million and 11.62 million respectively, while both saw positive retail inflows [3]

Group 1 - The completion of the Alshan Huaren Hope Town marks the 16th such project by Huaren in China, covering an area of 4,050 acres and benefiting 655 households and 1,394 people [1] - The project includes the renovation of local residential areas and the construction of various facilities such as a visitor reception center, multi-functional conference center, restaurant, villas, supermarket, outdoor hot springs, and tennis courts, enhancing public service capabilities in the region [1] Group 2 - Zhangjiajie Tourism Group signed restructuring investment agreements with multiple investors, including Hunan Electric Media and Caesar Travel, with a total stock transfer of 366 million shares valued at approximately 1.586 billion yuan [1] - A total of 45 potential investors submitted restructuring investment proposals during the pre-restructuring phase [1] Group 3 - China Great Wall Asset Management and Huaren Asset Management signed a cooperation agreement for the Fengtai Majia堡 project, which involves a shopping center of over 60,000 square meters [2] - The project will follow a full-cycle revitalization model, including asset debt settlement, renovation, operational enhancement, and exit strategies [2] Group 4 - Huazhu Group reported a revenue increase of 8.1% year-on-year to 7 billion yuan in Q3 2025, with adjusted EBITDA rising by 18.9% to 2.5 billion yuan and a profit margin of 36.1% [2] - The company opened 749 new hotels in China during the third quarter, bringing the total number of operating hotels to 12,580 [2] Group 5 - Beijing's financial authorities issued a plan to enhance consumer services for the elderly, focusing on comprehensive financial services tailored to different stages and characteristics of the aging population [2] - The plan aims to support various consumer sectors, including goods, tourism, dining, and elder care, while optimizing financial products and services [2] Group 6 - Dayuecheng Real Estate successfully acquired four land parcels in Chengdu's Qingyang District for 2.65 billion yuan, covering a total area of approximately 134,500 square meters [2] - The land includes two commercial service plots and two residential plots, with a unified development plan for a large commercial complex and high-end residential project [2]

Core Viewpoint - Zhangjiajie Tourism Group Co., Ltd. announced that the lawsuit filed by Hunan Construction Group Co., Ltd. has been withdrawn, which will not negatively impact the company's daily operations [2][6]. Group 1: Lawsuit Background - On May 14, 2025, Zhangjiajie Tourism Group and its wholly-owned subsidiary, Zhangjiajie Dayong Ancient City Development Co., Ltd., were served with a civil lawsuit from Hunan Construction Group regarding a bankruptcy debt confirmation dispute [3]. - The case was accepted by Zhangjiajie Intermediate People's Court on May 12, 2025 [3]. Group 2: Lawsuit Progress - On November 18, 2025, the company received a civil ruling from Zhangjiajie Intermediate People's Court, allowing Hunan Construction Group to withdraw the lawsuit [4]. - The case acceptance fee was 326,800 yuan, with a reduced charge of 163,400 yuan to be borne by the plaintiff [5]. Group 3: Impact on the Company - The withdrawal of the lawsuit will not have a negative impact on the company's daily operations [6]. - The company will continue to monitor legal matters closely and uphold its legal rights while maintaining its reputation and shareholder interests [6].