广州岭南集团控股股份有限公司 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 法定代表人:王亚川 主管会计工作负责人：唐昕 会计机构负责人：陈志斌 2025 年 8 月 2025 年半年度财务报告 1 一、审计报告 编制单位：广州岭南集团控股股份有限公司 | | 2025 年 06 月 30 日 | 单位：元 | | --- | --- | --- | | 项目 | 期末余额 | 期初余额 | | 流动资产： | | | | 货币资金 | 1,894,441,230.08 | 1,682,637,580.23 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 360,233.54 | 457,012.70 | | 衍生金融资产 | | | | 应收票据 | | | | 应收账款 | 180,447,351.86 | 137,894,519.70 | | 应收款项融资 | | | | 预付款项 | 114,960,878.05 | 98,987,660.39 | | 应收保费 | | | | 应收分保账 ...

董 事 会 十 一 届 十 八 次 会 议 决 议 公 告 重要提示：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。 广州岭南集团控股股份有限公司（以下简称"公司"）董事会十一届十八 次会议于 2025 年 8 月 26 日上午 10:00 在广州市流花路 122 号中国大酒店的 公司会议室召开，会议通知于 2025 年 8 月 15 日以电话、电子邮件或书面送达 等方式发出，本次董事会应出席会议董事 7 人，实际亲自出席会议董事 7 人。 本次会议由公司董事长王亚川先生主持，公司全体监事和高级管理人员列席本 次会议。本次会议的召开符合有关法律、行政法规、部门规章、规范性文件和 《公司章程》的规定。本次董事会经参加会议的董事审议一致通过如下决议： 证券简称：岭南控股 证券代码：000524 公告编号：2025-040 号 广 州 岭 南 集 团 控 股 股 份 有 限 公 司 表决结果：同意 7 票、反对 0 票、弃权 0 票。 特此公告。 广州岭南集团控股股份有限公司 董 事 会 一、审议通过《公司 2025 年半年度报告全文及摘要》（详见同日在《中国 证券 ...

Core Viewpoint - Lingnan Holdings (000524.SZ) reported a revenue of 2.0896 billion yuan for the first half of 2025, reflecting a year-on-year growth of 8.52% [1] - The net profit attributable to shareholders reached 49.5264 million yuan, marking a year-on-year increase of 24.39% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 47.8829 million yuan, with a year-on-year growth of 24.77% [1] - Basic earnings per share stood at 0.07 yuan [1]

Core Viewpoint - The company reported a revenue increase of 8.52% year-on-year, reaching approximately 2.09 billion yuan, and a net profit increase of 24.39%, amounting to approximately 49.53 million yuan for the first half of 2025 [1][2]. Financial Performance - Revenue for the reporting period was 2,089,602,421.84 yuan, compared to 1,925,632,996.49 yuan in the same period last year, reflecting an increase of 8.52% [1]. - Net profit attributable to shareholders was 49,526,367.96 yuan, up from 39,815,306.53 yuan, marking a 24.39% increase [1]. - Net profit after deducting non-recurring gains and losses was not specified but is part of the overall financial performance [1]. - The net cash flow from operating activities was 124,779,638.84 yuan, showing a slight decrease of 1.37% from the previous year [1]. - Basic and diluted earnings per share both increased to 0.07 yuan, up 16.67% from 0.06 yuan [1]. - The weighted average return on equity rose to 2.16%, compared to 1.88% in the previous year, an increase of 0.28% [1]. Asset and Equity Position - Total assets at the end of the reporting period were approximately 3.75 billion yuan, reflecting a 1.71% increase from the previous year [2]. - Net assets attributable to shareholders were approximately 2.26 billion yuan, down 0.29% from 2.27 billion yuan at the end of the previous year [2]. Shareholder Information - The top shareholder, Guangzhou Lingnan Tourism Investment Group Co., Ltd., holds 45.14% of the shares, followed by Guangzhou Oriental Hotel Group Co., Ltd. with 14.97% [2]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [3].

Core Viewpoint - Guangzhou Lingnan Group Holdings Co., Ltd. reported a revenue increase of 8.52% year-on-year, reaching approximately 2.09 billion yuan, and a net profit increase of 24.39%, amounting to approximately 49.53 million yuan for the first half of 2025, indicating a positive growth trend in the company's performance amid a recovering tourism industry [2][17]. Company Overview and Financial Indicators - The company operates in the tourism sector, integrating travel services, accommodation, and related businesses, aiming to become a modern comprehensive cultural tourism brand operator with international competitiveness [3][4]. - The company did not distribute cash dividends or bonus shares for the reporting period [1]. - Key financial metrics include: - Total assets: approximately 3.75 billion yuan, up 1.71% from the previous year [2]. - Net assets attributable to shareholders: approximately 2.26 billion yuan, down 0.29% from the previous year [2]. - Basic earnings per share: 0.07 yuan, an increase of 16.67% [2]. Business Performance - The travel service segment, led by the subsidiary Guangzhou Guangzhilv International Travel Agency, achieved a revenue of approximately 1.54 billion yuan, growing by 11.78% year-on-year, with a net profit of approximately 23.29 million yuan, up 34.91% [17][19]. - The accommodation segment, primarily managed by Lingnan Hotels, reported a revenue of approximately 118.56 million yuan, a slight increase of 1.60%, with a net profit of approximately 9.73 million yuan, up 23.26% [18][20]. Industry Context - The tourism industry is experiencing a recovery, with domestic travel increasing by 20.6% year-on-year, reaching 3.285 billion trips, and tourism spending rising by 15.2% to 3.15 trillion yuan [4][5]. - The government has introduced policies to boost consumption and support the tourism sector, including initiatives targeting the elderly demographic and promoting diverse travel products [4][5]. - The integration of technology and cultural tourism is becoming a new trend, enhancing the overall tourism experience and driving growth in the sector [5][6]. Strategic Initiatives - The company is expanding its national footprint by opening new stores and enhancing its service offerings, with a focus on integrating travel and accommodation services [19][20]. - The company is also innovating its product offerings to cater to the growing demand for diverse travel experiences, including wellness tourism and cultural heritage tours [19][22]. - Collaborations with various partners are being pursued to enhance the company's market presence and service capabilities, including the establishment of a new duty-free store in Guangzhou [24].

Core Points - The board of directors of Guangzhou Lingnan Group Holdings Co., Ltd. held its 18th meeting of the 11th session on August 26, 2025, where all members confirmed the authenticity and completeness of the disclosed information [1][2] - The board unanimously approved the 2025 semi-annual report, which was disclosed on the same day in various financial publications [1][2] - The board also approved an adjustment to the company's organizational structure to optimize management and align with strategic development needs [2] Summary by Categories Financial Reporting - The board approved the full text and summary of the 2025 semi-annual report, which was reviewed and passed with 3 votes in favor from the audit committee [1][2] Organizational Changes - The company will establish a management center with a large customer department and will no longer have a research and innovation center [2] - The archives previously under the Party and Mass Work Department will be transferred to the administrative office, while other organizational structures will remain unchanged [2]

Core Insights - The first city duty-free store in Guangzhou officially opened on August 26, marking a significant step in the city's development as an international consumption center [1] - This store is part of the first batch of city duty-free stores established following the Ministry of Finance's policy announcement in August 2024 [1][2] - The store features a dual-track model of "duty-free + taxable" products, covering key categories such as cosmetics, bags, jewelry, and high-end alcoholic beverages [1][3] Company and Industry Summary - The city duty-free store is a collaboration among major players including China Duty Free Group, Guangzhou Baiyun International Airport, and others, strategically located in a prime commercial area [1][2] - Consumers can shop in the city up to 60 days before departure, benefiting from a seamless "in-city ordering, port pickup" service without purchase limits, adhering to customs regulations [2] - The store offers promotional activities such as discounts up to 45% and membership rewards, enhancing customer engagement and shopping experience [3] - The integration of duty-free shopping with tourism and cultural experiences aims to create a vibrant commercial ecosystem, linking dining, accommodation, and cultural activities [3] - The Guangzhou Municipal Bureau of Commerce plans to enhance the product mix and service quality of city duty-free stores, positioning them as a new landmark for international consumption and trade [3]

Group 1 - The establishment of city duty-free shops in key business districts aims to meet consumer needs for dining, shopping, and entertainment [1] - The opening of city duty-free shops in Guangzhou and Shenzhen marks a significant step in the development of the duty-free industry in China [4] - The new city duty-free shops are primarily operated by state-owned enterprises, enhancing the availability of domestic products for outbound travelers [4] Group 2 - The city duty-free shops offer a mix of tax-free and taxable goods, including local specialty products and cultural items, to attract outbound travelers [1][4] - The recent trend of establishing city duty-free shops is supported by the implementation of the "Interim Measures for the Management of City Duty-Free Shops" [5] - Current limitations on pickup points for duty-free goods may affect consumer experience, with only Guangzhou Baiyun Airport serving as a pickup location for the Guangzhou store [5][6] Group 3 - The increase in foreign tourists visiting Guangzhou and Shenzhen is driven by policies such as the 240-hour visa-free transit, enhancing international market engagement [5] - Consumers express a desire for more flexible pickup options, including multiple locations within the city and cross-city delivery services [6]

Group 1 - The first duty-free store in Guangzhou officially opened on August 26, marking a significant step in implementing national duty-free policies and establishing Guangzhou as an international consumption center [1][2] - The store is a collaboration between China Duty Free Group, Guangzhou Baiyun International Airport, and two listed companies under Lingnan Group, showcasing a strategic partnership in the retail sector [1] - Located in the CBD of Tianhe District, the store aims to attract high-end consumers and international tourists, contributing to the economic growth of the Greater Bay Area [1] Group 2 - The duty-free store introduces an innovative shopping model combining "duty-free + taxable," "imported + domestic," and "offline + online," creating a diverse product matrix that includes beauty, jewelry, fashion, and high-end beverages [2] - The store features a departure tax refund service to stimulate outbound tourist spending and promote the return of overseas consumption, enhancing the global presence of domestic brands [2] - The opening day saw the launch of an autonomous driving service and a trial run of a direct bus service between Guangzhou and Hong Kong Airport, indicating a focus on improving transportation links for international travelers [2]

Group 1 - The first duty-free store in Guangzhou officially opened on the 26th, providing outbound travelers with a new experience of enjoying global duty-free goods without leaving the city [1] - The store is located in the core area of Tianhe District, near major city landmarks, and features a shopping model that combines "duty-free + taxable," "imported + domestic," and "offline + online" [1] - The product range includes beauty and skincare, watches and jewelry, bags and clothing, with highlights on domestic trendy products and electronic technology [1] Group 2 - The store offers a departure tax refund service and supports multi-currency cash payments, ensuring efficient payment services [1] - Consumers can shop in the city core up to 60 days before departure and enjoy integrated services such as "city order, port pickup," with no shopping limits as long as they comply with customs regulations [1] - On the opening day, Guangzhou Lingnan Group and Pony.ai launched an automated driving (Robotaxi) service, and a trial run of a direct bus service between Guangzhou and Hong Kong Airport was initiated [2]