Financial Performance Expectations - The company expects a net loss for the fiscal year 2025, estimated between CNY 45 million and CNY 55 million, compared to a loss of CNY 58.21 million in the same period last year[3] - The net profit attributable to shareholders is projected to decrease the loss by 22.69% to 5.51% compared to the previous year[3] - The basic earnings per share are expected to be a loss of CNY 0.56 to CNY 0.68, compared to a loss of CNY 1.44 per share last year[3] - Operating revenue is anticipated to be between CNY 40 million and CNY 48 million, down from CNY 43.16 million in the previous year[3] Asset Impairment - The company plans to recognize asset impairment related to the Dayong Ancient City, with the final amount subject to assessment and audit[5] Financial Reporting - The financial data provided is a preliminary estimate and has not been audited by the accounting firm, with detailed financial data to be disclosed in the 2025 annual report[6]

Core Insights - The tourism and scenic spots sector experienced a decline of 0.92% on January 13, with *ST Zhang leading the drop [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, while the Shenzhen Component Index closed at 14169.4, down 1.37% [1] Sector Performance - Notable gainers in the tourism sector included: - Shaanxi Tourism (603402) with a closing price of 146.00, up 5.42% [1] - Zhongxin Tourism (002707) with a closing price of 7.51, up 2.88% [1] - Changzi Mountain (603099) with a closing price of 45.92, up 0.81% [1] - Major decliners included: - *ST Zhang (000430) with a closing price of 7.42, down 2.88% [2] - Caesar Culture (000796) with a closing price of 6.41, down 2.88% [2] - Sanxia Tourism (002627) with a closing price of 7.73, down 2.52% [2] Capital Flow - The tourism and scenic spots sector saw a net outflow of 365 million yuan from main funds, while retail investors contributed a net inflow of 275 million yuan [2] - The main funds' net inflow for notable companies included: - Changzi Mountain (603099) with a net inflow of 25.20 million yuan [3] - Zhongxin Tourism (002707) with a net inflow of 15.73 million yuan [3] - Dalian Shengya (600593) with a net inflow of 14.02 million yuan [3]

Core Viewpoint - Caesar Travel Industry Co., Ltd. has officially acquired a 400 million A-share stake in Zhangjiajie Tourism Group Co., Ltd. for 15.84 million yuan, marking a strategic investment relationship between the two companies after eight months of collaboration [2][4]. Group 1: Investment Details - The investment of 15.84 million yuan represents a minor financial impact on both companies, but it is significant for strategic positioning rather than financial returns [2][3]. - The formal cooperation began with a strategic cooperation framework agreement signed on April 24, 2025, aimed at establishing a long-term partnership across various tourism sectors [2]. - The investment agreement signed on November 13, 2025, specified the investment amount, share price, and number of shares, transitioning the partnership from strategic intent to actual capital involvement [3]. Group 2: Financial Performance - In the first three quarters of 2025, Caesar Travel reported total revenue of 541 million yuan, a year-on-year increase of 6.52%, but incurred a net loss of 26.78 million yuan, indicating a "revenue without profit" situation [5]. - Zhangjiajie Tourism Group achieved total revenue of 337 million yuan in the same period, an 8.51% increase, and turned a profit in the third quarter with a net profit of 10.87 million yuan, reflecting a significant recovery [6]. Group 3: Strategic Implications - The partnership is seen as a strategic move for Caesar Travel to strengthen its position in the domestic tourism market, particularly as the recovery of domestic tourism outpaces outbound travel [6][7]. - The collaboration aims to enhance the product competitiveness of Caesar Travel by integrating core tourism resources, transitioning from a channel-based model to a resource + channel integrated operator [6]. - Future cooperation will focus on tourism resource integration, joint product development, and supply chain management, with the goal of establishing Zhangjiajie Tourism Group as a comprehensive tourism solution provider [7].

证券代码：000430 证券简称：*ST张股 公告编号：2025-079 张家界旅游集团股份有限公司 关于公司股票交易异常波动的公告 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。 一、股票交易异常波动的情况介绍 张家界旅游集团股份有限公司（以下简称"公司"）股票连续 3 个交易日累计偏离 13.39%，属于《深圳证券交易所交易规则》规定 的股票交易异常波动的情况。 二、公司关注及核实情况说明 针对股票交易异常波动，公司对有关事项进行了核查，公司董事 会通过现场、短信等问询方式，对公司控股股东及实际控制人、公司 董事及高级管理人员就相关问题进行了核实，现将有关情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处。 2、公司于 2024 年 8 月 26 日披露了《关于全资子公司被债权人 申请重整的提示性公告》，于 2024 年 9 月 18 日披露了《关于法院裁 定受理全资子公司重整并指定管理人的公告》，于 2024 年 9 月 24 日 披露了《关于法院同意全资子公司在重整期间继续营业及自行管理财 产和营业事务的公告》《关于公司部分债务逾期、提前到 ...

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：2025-078 张家界旅游集团股份有限公司 本次司法扣划后，公司相关股东持有公司权益发生变动，具体内容详见公司于2025年12月25日披露的 《张家界旅游集团股份有限公司简式权益变动报告书》和《张家界旅游集团股份有限公司详式权益变动 报告书》。 公司提醒广大投资者，公司指定信息披露媒体为《证券时报》《上海证券报》《证券日报》《中国证券 报》及巨潮资讯网（网址为：http://www.cninfo.com.cn），公司所有信息均以在上述指定媒体刊登信息 为准，敬请广大投资者谨慎决策，注意投资风险。 特此公告。 张家界旅游集团股份有限公司董事会 一、资本公积金转增股本的实施情况 截至目前，公司为执行重整计划拟转增的404,817,686股股份已全部完成转增，其中366,000,000股为首发 后限售股，38,817,686股为无限售条件流通股；公司总股本由404,817,686股增至809,635,372股。上述 404,817,686股转增股份已于2025年12月26日全部登记至管理人开立的张家界旅游集团 ...

Core Viewpoint - Mango Excellent Media announced that it and its wholly-owned subsidiary, Happy Sunshine, subscribed to 120 million shares of Zhanglv Group, with a total investment of approximately 475 million yuan [1] Group 1 - The company directly subscribed to 30 million shares, with a lock-up period of 18 months [1] - Happy Sunshine subscribed to 90 million shares, also with a lock-up period of 18 months [1] - The total investment from Dianguang Media and its subsidiaries amounted to approximately 317 million yuan for 80 million shares [1] Group 2 - As of December 30, 2025, the share transfer procedures have been completed [1] - The company directly holds 30 million shares of Zhanglv Group, while Happy Sunshine holds 90 million shares, totaling 120 million shares, all of which are subject to a lock-up period of 18 months [1]

芒果超媒公告，公司及旗下全资子公司湖南快乐阳光互动娱乐传媒有限公司以自有资金认购张家界旅游 集团股份有限公司转增股份1.2亿股，认购金额约为4.75亿元。其中，公司直接认购0.3亿股，锁定期18 个月；快乐阳光认购0.9亿股，锁定期18个月。电广传媒及旗下相关子公司合计认购0.8亿股，投资金额 约3.17亿元。2025年12月30日，股份过户手续已办理完毕。公司直接持有张旅集团3000万股股份，快乐 阳光持有9000万股股份，合计持有5000万股股份，均为限售股，限售期为18个月。 ...

Market Overview - As of December 30, the Shanghai Composite Index closed at 3965.1159 points, unchanged at 0% [1] - The Shenzhen Component Index rose by 0.49%, closing at 13604.067 points [1] Top Gainers in Hunan Stocks - *ST Zhanggu opened at 7.570 and closed at 7.570, with a gain of 4.99% [2] - *ST Gaosi opened at 8.230 and closed at 8.550, with a gain of 4.14% [2] - Mengjie Co., Ltd. opened at 3.910 and closed at 4.030, with a gain of 2.81% [2] - Keli'er opened at 13.390 and closed at 13.610, with a gain of 2.48% [2] - Changlan Technology opened at 18.310 and closed at 18.890, with a gain of 1.94% [2] Top Losers in Hunan Stocks - Hengli Tui opened at 0.160 and closed at 0.150, with a loss of 11.76% [3] - Dianguang Media opened at 11.580 and closed at 10.350, with a loss of 10.00% [3] - Boyun New Materials opened at 12.050 and closed at 11.720, with a loss of 4.95% [3] - Hunan Silver opened at 6.960 and closed at 6.990, with a loss of 3.98% [3] - *ST Biology opened at 9.190 and closed at 8.830, with a loss of 3.29% [3]

二、股份司法扣划情况 根据重整计划，资本公积转增股本用于向重整投资人及债权人分 配。具体分配方式由管理人开立的张家界旅游集团股份有限公司破产 企业财产处置专用账户通过司法扣划方式向重整投资人及债权人分 配。2025 年 12 月 30 日，公司收到中国证券登记结算有限公司深圳 分公司出具的《证券过户登记确认书》，张家界旅游集团股份有限公 司破产企业财产处置专用账户 392,345,440 股已经按照重整计划规 定向相关主体进行了相应司法扣划。本次转增股票司法扣划前，张家 界旅游集团股份有限公司破产企业财产处置专用账户持有公司 404,817,686 股，持股比例为 50.00%；本次转增股票司法扣划后，张 家界旅游集团股份有限公司破产企业财产处置专用账户持有公司 12,472,246 股，持股比例 1.54%。后续将继续根据重整计划相关规定， 待司法扣划条件成就后推进相关股份的司法扣划。 证券代码：000430 证券简称：*ST张股 公告编号：2025-078 张家界旅游集团股份有限公司 关于重整计划执行的进展公告 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 ...

张家界公告称，为执行重整计划，公司拟转增的4.05亿股股份已全部完成转增，总股本由4.05亿股增至 8.10亿股，转增股份于2025年12月26日登记至管理人专用账户。12月30日，专用账户3.92亿股已按重整 计划司法扣划，扣划前该账户持股50.00%，扣划后持股1.54%。后续将按规定推进剩余股份司法扣划， 股东权益变动详情见相关报告书。 ...