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“人造古城”模式陷困局
Shen Zhen Shang Bao· 2025-06-30 22:44
Group 1 - ST Zhangjiajie experienced a stock price increase of 2.97% by the end of trading on June 30, following exposure of the Da Yong Ancient City project, which has incurred a cumulative loss of 1.08 billion yuan over four years and is now on the brink of bankruptcy [2] - The company has been under other risk warnings from the Shenzhen Stock Exchange since April 17, 2023, due to negative net profits for three consecutive accounting years, raising concerns about its ability to continue as a going concern [2] - The Da Yong Ancient City project, with an investment scale of 2.443 billion yuan, has been a significant financial burden, with total assets of 1.395 billion yuan and total liabilities of 1.697 billion yuan, resulting in a negative net asset of 302 million yuan [3] Group 2 - ST Zhangjiajie, established in December 1992 and listed in 1996, is recognized as the first listed company in China's tourism sector, but unlike other tourism companies, it does not derive ticket revenue from the Zhangjiajie scenic area [3] - The company's revenue is primarily generated from environmental passenger transport, Baofeng Lake, and Yangjiajie cableway, with the Da Yong Ancient City project being classified as a heavy "liability" [3] - The tourism industry is facing challenges with the "artificial ancient city" model, which highlights the difficulties of relying on heavy asset expansion, long recovery periods, and the risk of becoming "ghost towns" due to excessive dependence on government subsidies [3]
又一个泡沫破了!旅游,正成为2025年最难做的生意
商业洞察· 2025-06-30 09:06
Core Viewpoint - The tourism industry, once expected to thrive, is now facing significant challenges, highlighted by the bankruptcy of Qinghai Tourism Investment Group and the struggles of various tourism companies despite an increase in domestic travel and spending [2][3][4][8]. Group 1: Industry Challenges - Qinghai Tourism Investment Group and its subsidiaries have filed for bankruptcy, shocking the tourism sector [3]. - The company, which aimed for significant growth and public listing, mismanaged its resources, leading to a loss of 4.8 billion in registered capital [4]. - 44 listed companies in the tourism sector reported their Q1 earnings, with 25 experiencing negative revenue growth, accounting for 56.8% of the total [4]. Group 2: Financial Performance - Major airlines like China Southern Airlines, China Eastern Airlines, and Air China reported substantial losses in Q1, with losses of 747 million, 995 million, and 2.044 billion respectively [7]. - Despite a 26.4% increase in domestic travel and an 18.6% rise in spending, the tourism industry is struggling financially [8][9]. Group 3: Market Dynamics - The tourism market is saturated, with an increase in A-level scenic spots and travel agencies, yet average income has dropped by nearly 40% [31]. - Online travel platforms like Ctrip and Tongcheng are thriving, with Ctrip reporting a net profit of approximately 4.3 billion in Q1, showcasing the "shovel effect" where service providers profit while actual tourism businesses struggle [28][30]. Group 4: Shifts in Consumer Behavior - The tourism industry is transitioning to a 2.0 era, where experiential value is prioritized over mere scarcity of resources [46][50]. - Successful attractions like Jiuhua Mountain and Disney have capitalized on immersive experiences, contrasting with traditional scenic spots that fail to adapt [39][41]. Group 5: Future Outlook - Many tourism platforms are likely to face severe financial difficulties or bankruptcy if they cannot adapt to the changing market dynamics and consumer preferences [55][56]. - The current environment suggests a need for a significant restructuring within the tourism sector to eliminate ineffective players and allow successful entities to thrive [58][59].
跟风造古城,不光张家界要反思
Nan Fang Du Shi Bao· 2025-06-29 10:59
Group 1 - The core issue of the Dayong Ancient City is its significant financial losses, amounting to 1.08 billion yuan over four years since its trial operation began in June 2021, leading to near bankruptcy [2][3] - The project, with an investment scale of 2.443 billion yuan, has been under scrutiny, and the local government has initiated corrective measures following media exposure [2][4] - The company operating Dayong Ancient City has been placed under restructuring by the Zhangjiajie Intermediate People's Court due to poor operational performance, resulting in its stock being marked with risk warnings [2][3] Group 2 - The decision-making process behind the Dayong Ancient City project has been criticized for being impulsive, with local officials promoting it as a major tourism project without proper market analysis [4][5] - The project was launched amidst a nationwide trend of developing ancient towns, with over 2,800 such projects initiated around the same time, leading to oversaturation and competition [3][4] - The operational model of Dayong Ancient City has been deemed unsustainable, with only the parking lot generating revenue, while the main attractions remain underutilized [6] Group 3 - The media coverage has prompted local authorities to reflect on past decision-making failures and the need for accountability to prevent similar issues in the future [5][6] - The situation highlights a broader trend of poorly conceived tourism projects across the country, where many lack unique characteristics and ultimately fail to attract visitors [6] - The urgency for restructuring and rethinking strategies is emphasized, as other similar projects should learn from Dayong Ancient City's challenges to avoid repeating mistakes [6]
张家界机场组织开展“蓝焰使命·2025”应急救援联合演练
Core Viewpoint - The emergency rescue drill "Blue Flame Mission 2025" at Zhangjiajie Airport was conducted to test the airport's emergency response capabilities and improve coordination among various rescue units [1][4]. Group 1: Emergency Drill Overview - The drill was organized by Zhangjiajie Hehua International Airport, with participation from multiple units including the local fire rescue team and hospitals [1]. - The scenario simulated a fuel leak during oil collection operations, leading to a fire caused by static electricity [1]. Group 2: Response Actions - Upon receiving the alarm, Zhangjiajie Airport activated its fire emergency response plan, quickly mobilizing rescue units [4]. - Firefighters arrived promptly and executed targeted firefighting measures against the fuel leak fire, while medical personnel provided urgent care to any injured individuals [4]. Group 3: Objectives and Outcomes - The drill aimed to assess the rationality of emergency plans, the standard of fire reporting and communication, and the coordination capabilities of rescue units [7]. - The exercise not only tested the airport's emergency response capabilities but also enhanced the collaboration between internal departments and external rescue units, contributing valuable experience for future safety operations [7].
张家界机场开启“民航进校园”之旅,共赴暑期便捷出行新征程
Group 1 - The core activity "Civil Aviation into Campus, Supporting Summer Travel" was successfully conducted by Zhangjiajie Airport in collaboration with various airlines to meet the travel needs of university faculty and students during the summer [1] - The event included informative sessions where airport and airline staff introduced flight services, route networks, and safety knowledge, enhancing students' awareness of aviation [1] - Special ticket products for university faculty and students were launched, providing discounted ticket purchasing options to make travel more affordable [1] Group 2 - During the summer travel period, Zhangjiajie Airport optimized its flight resources, increasing the frequency of popular routes, with daily flights to Shanghai reaching an average of 4 flights, and to Xi'an, Chengdu, and Nanjing averaging 3 flights each [2] - The event attracted over 200 participants through extensive promotion via campus social media channels, receiving positive feedback from attendees [2] - Zhangjiajie Airport aims to strengthen cooperation with various parties to enhance air travel services and contribute to local economic development [2]
ST张家界(000430) - 张家界旅游集团股份有限公司关于控股股东及一致行动人解决同业竞争承诺履行完毕的公告
2025-06-10 09:00
根据中国证券监督管理委员会《上市公司监管指引第 4 号—上 市公司及其相关方承诺》及深圳证券交易所等相关要求,现将张家界 旅游集团股份有限公司(以下简称"张旅集团"或"公司")控股股 东张家界市经济发展投资集团有限公司(以下简称"经投集团")及 其一致行动人张家界市武陵源旅游产业发展有限公司(以下简称"武 陵源产业公司")解决同业竞争承诺履行情况公告如下: 一、解决同业竞争的承诺情况 2023 年 11 月,本公司知悉公司子公司杨家界索道与公司控股股 东经投集团及其一致行动人武陵源产业公司旗下湖南武陵源索道有 限公司(以下简称"武陵源索道公司"或"天子山索道"),均在武 陵源核心景区从事客运索道经营业务,属于同类业务,控股股东与公 司构成同业竞争。为保障公司及公司全体股东的合法权益,经投集团 及其一致行动人武陵源产业公司分别出具《关于解决同业竞争的承诺 函》。承诺由武陵源产业公司于 2024 年 5 月 31 日前将所持武陵源索 道公司 100%股权予以对外转让剥离,同时承诺保证自身或除上市公 司以外的控股公司或其他分支机构以后均不与上市公司从事新的同 类或相竞争的业务或经营活动。 二、消除同业竞争承诺履行完 ...
河南首富换人;比亚迪李云飞回应“常压油箱”“车圈恒大”争议;张家界溶洞垃圾基本清理完毕;乌军否认重要矿业和工业中心遭俄进攻丨每经早参
Mei Ri Jing Ji Xin Wen· 2025-06-08 21:58
Group 1 - The National Development and Reform Commission has announced a new batch of 19 national backbone cold chain logistics bases, distributed across 17 provinces including Jilin, Henan, and Guizhou, with cities like Changchun and Luoyang involved [4] - Hong Kong's role as an international innovation and technology center is emphasized, with the potential to help companies reduce risks and shorten the overseas expansion cycle amid an uncertain international environment [4] Group 2 - The Ministry of Transport has elevated the management and oversight of the bridge collapse incident in Hebei, which resulted in 2 deaths and 3 injuries, indicating a serious approach to safety in transportation projects [5] - In Zhangjiajie, 51 tons of garbage have been cleared from caves, with 14 cases filed and 4 individuals suspended for environmental violations, highlighting ongoing environmental management efforts [5] Group 3 - The Jiangxi government is investigating the delay in the opening of an automobile museum, with plans to ensure it opens by August 2025, reflecting a commitment to project management and accountability [6] Group 4 - The founder of Pop Mart, Wang Ning, has become the new richest person in Henan with a net worth of $20.3 billion, driven by the popularity of the Labubu brand, which has significantly boosted the company's market value [11] - BYD's response to controversies regarding its "normal pressure fuel tank" and allegations of financial misconduct has been proactive, with regulatory bodies confirming no issues, indicating the company's commitment to transparency [10] Group 5 - Atour Hotel has addressed a controversy regarding the use of hospital pillowcases, taking corrective actions and terminating its relationship with the laundry supplier involved, demonstrating a focus on quality control and customer satisfaction [12] - Ruifucheng's major shareholder plans to reduce their stake after a significant stock price increase of 156% this year, which may indicate investor caution regarding the company's future [13] - Green Valley Pharmaceutical has halted production of a controversial drug due to regulatory issues, signaling challenges in the pharmaceutical sector and the need for improved product development [14]
张家界一天然溶洞遭排污:已清运垃圾2.7吨,清理仍将持续
Xin Jing Bao· 2025-06-03 11:52
Group 1 - The pollution incident in a natural cave in Cili County, Zhangjiajie City, Hunan Province has prompted a comprehensive cleanup and investigation effort, with 2.7 tons of waste removed from the Yangjiapo cave in the past week [1] - The pollution is attributed to historical negligence, with waste accumulation dating back ten years when there was no unified garbage collection system and low environmental awareness among residents [1] - Local authorities are implementing multiple measures to address the pollution, including setting up no-dumping signs, enhancing livestock farm supervision, and monitoring water quality in the Liao River basin to ensure drinking water safety [2] Group 2 - The pollution was first detected on May 8, following heavy rainfall that caused wastewater to flow into the Changtan River, leading to an investigation that identified the pollution source by May 22 [2] - The Cili County Environmental Risk Investigation and Disposal Task Force has initiated legal proceedings against three livestock farmers suspected of illegal waste discharge [2] - Current monitoring results indicate that the water quality of the Liao River drinking water source is stable and meets Class II surface water standards [2]
ST张家界(000430) - 张家界旅游集团股份有限公司2024年度股东大会法律意见书
2025-05-22 11:46
湖南人和人(张家界)律师事务所 关于张家界旅游集团股份有限公司 2024 年度股东会的法律意见书 湘人张(2025)法意字 54 号 致:张家界旅游集团股份有限公司 湖南人和人(张家界)律师事务所接受张家界旅游集团股份 有限公司(以下简称"公司")的委托,指派本所律师参加公司 2024 年度股东会(以下简称"本次会议")。本所律师根据《中华人 民共和国公司法》(以下简称"《公司法》")、《上市公司股 东会规则》(以下简称"《规则》")、《深圳证券交易所上市 公司股东会网络投票实施细则》(以下简称"《网络投票细则》")、 《张家界旅游集团股份有限公司章程》(以下简称"《公司章程》"), 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 本法律意见书。 为出具本法律意见书,本所律师谨作如下声明: 1、本所律师所发表的法律意见,仅依据本法律意见书出具日 以前发生或存在的事实并基于本所律师对有关法律、法规和规范 性文件的理解而形成。在本法律意见书中,本所律师仅就公司本 次会议的召集和召开程序、出席会议人员和召集人的资格、会议 的表决程序和表决结果等事项进行审查和见证后发表法律意见, 1 不对本次会议所审议议案 ...
ST张家界(000430) - 2024年度股东大会决议公告
2025-05-22 11:46
证券代码:000430 证券简称:ST张家界 公告编号:2025-028 张家界旅游集团股份有限公司 特别提示: 1、本次股东大会无增加、变更、否决提案的情况; 2、本次会议审议议案均对中小投资者的表决单独计票。 一、会议召开和出席情况 (一)会议召开情况 2024 年度股东大会决议公告 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。 1、会议召开的日期、时间: 现场会议时间为:2025 年 5 月 22 日 14:30 至 16:30 网络投票时间为:2025 年 5 月 22 日 其中,通过深圳证券交易所交易系统进行网络投票的具体时间为: 2025 年5 月22日上午9:15-9:25、9:30-11:30,下午13:00-15:00; 通过深圳证券交易所互联网投票系统投票的具体时间为:2025 年 5 月 22 日上午 9:15-下午 15:00 期间的任意时间。 2、现场会议地点:张家界国际大酒店二楼会议室。 3、会议的召开方式:本次股东大会以现场投票与网络投票相结 合的方式召开。 4、会议召集人:公司董事会。 5、现场会议主持人:公司董事长张坚持先生 ...