Core Viewpoint - Tianfu Culture and Tourism (000558.SZ) is aggressively pursuing a transformation in the film and tourism sectors despite facing significant losses, as evidenced by its recent acquisition activities and strategic partnerships [2][3]. Acquisition and Strategic Moves - Tianfu Culture and Tourism plans to jointly acquire a 51% stake in Bipenggou Tourism Development Co., Ltd. with Aba Dajiujiu Tourism Group, marking a significant step in its expansion strategy [2][3]. - The acquisition of Bipenggou, a popular scenic area, is seen as a strategic move to integrate core tourism resources in Sichuan and test the viability of the "film-tourism integration" model [2][6]. Financial Performance - Despite a 69.32% year-on-year increase in revenue to 226 million yuan in the first three quarters of 2025, Tianfu Culture and Tourism reported a net loss of 18.44 million yuan, indicating a significant decline in profitability [15]. - The company's cash flow from operating activities was negative 358 million yuan, a drastic decrease of 945.56% year-on-year, highlighting ongoing financial challenges [15][16]. Market Position and Future Outlook - The acquisition aligns with the company's strategy to enhance its market position and operational efficiency in the evolving tourism landscape, particularly in the post-real estate era [18]. - The partnership with local state-owned enterprises aims to leverage regional tourism resources and create a comprehensive film and tourism ecosystem, potentially increasing cash flow and operational viability [7][13].

从资金流向上来看，当日旅游及景区板块主力资金净流入2.41亿元，游资资金净流出1.25亿元，散户资金 净流出1.16亿元。旅游及景区板块个股资金流向见下表： 证券之星消息，11月25日旅游及景区板块较上一交易日上涨1.21%，天府文旅领涨。当日上证指数报收 于3870.02，上涨0.87%。深证成指报收于12777.31，上涨1.53%。旅游及景区板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 000558 | 天府文旅 | 5.89 | 6.90% | 233.05万 | | 13.67亿 | | 000796 | 凯撒旋业 | 6.94 | 3.74% | 118.99万 | | 8.07亿 | | 000888 | 峨眉山Ａ | 13.17 | 2.57% | - 16.64万 | | 2.18亿 | | 002627 | 三峡旅游 | 6.40 | 2.40% | ﺎ 11.40万 | | 7227.33万 | | 300859 | 西域旅游 | 3 ...

天府文旅（000558）11月24日晚间披露，公司拟与阿坝大九寨旅游集团有限公司（下称"大九旅集团"） 共同参与理县毕棚沟景区运营项目。其中，大九旅集团拟以现金购买冠忠（重庆）旅游开发有限公司所 持理县毕棚沟旅游开发有限公司（下称"毕棚沟公司"）51%的股权，天府文旅拟以现金购买成都西部旅 游投控所持毕棚沟公司34.3%的股权。 按照约定，各方将合作推动影视多元化发展，以影视文旅为牵引，充分发挥双方优势，深入挖掘市场机 会，加深文化产业领域的合作，推动区域旅游、文化、影视产业高质量融合发展，打造影视旅游综合度 假区；将城市IP与影视IP融合，智造城市IP矩阵，打造中国西部出品能力最强、作品影响力最广、综合 效益最优的影视文旅融合产业新高地。 毕棚沟公司成立于1998年8月，注册资本21380.26万元。公司主要负责在毕棚沟景区内开展经营业务， 主要为景区提供交通（包含观光车、电瓶车）、酒店餐饮、冬季娱雪项目等旅游配套服务，但不含景区 门票相关收入。毕棚沟风景区位于四川省阿坝藏族羌族自治州理县朴头乡梭罗沟境内，是一个集原生态 景观博览、登山穿越、极地探险、滑雪滑冰、休闲度假于一体的大型原生态旅游风景区。 此外， ...

每经头条（nbdtoutiao）——大鹏工业战略配售"肥"了自家人！认购价9元，上市首日涨到118元，实控 人和亲哥哥凭配售一天浮盈2492万元 每经AI快讯，天府文旅（SZ 000558，收盘价：5.51元）11月24日晚间发布公告称，公司第十一届第三 十九次董事会会议于2025年11月21日在四川省成都市高新区府城大道西段399号天府新谷10栋5楼506号 公司会议室以现场加通讯表决的方式召开。会议审议了《关于公司签署股权投资意向协议的议案》等文 件。 2025年1至6月份，天府文旅的营业收入构成为：文化旅游占比51.88%，影视业务占比35.03%，出租收 入占比7.45%，会务会展业务占比4.8%，体育收入占比0.83%。 截至发稿，天府文旅市值为71亿元。 （记者 曾健辉） ...

| | | 11月24日重要公告精选 | | --- | --- | --- | | 类型 | 公司 | 主要内容 | | 热点 | 工业富联 | 未向市场下调第四季度利润目标 | | | 上海港湾 | 商业航天业务和钙钛矿太阳能业务占公司营收比例不是1% | | 签约项目 | 奏鸿万立 | 拟设立全资了公司投资4.8亿元建设汽车车身结构件生产线建设项目 | | 合同中标 | 同济科技 | 子公司中标西安河山锦绣府项目施工一标段项目 | | 股权转让 | ST中珠 | 深商集团拟以3000万元将朗地科技100%股权转让给步步高投资 | | 回购 | 纳芯微 | 拟斥资2亿元至4亿元回购股份 | | 增减持 | 是辉娱乐 | 实际控制人及其一致行动人拟减持不超过2.9%股份 | | 其他 | 慈星股份 | 拟定增募资不超过3亿元 | | | 中鼎股份 | 控股子公司成为国内某两家液冷系统集成商液冷假负载的供应商品 | 【热点】 工业富联(601138.SH)：未向市场下调第四季度利润目标 上海港湾(605598.SH)：商业航天业务和钙钛矿太阳能业务占公司营收比例不足1%，规模较小，且尚未 盈利【项目投资】 东 ...

| | | 11月24日重要公告精选 | | --- | --- | --- | | 类型 | 公司 | 主要内容 | | 热点 | 工业富联 | 未向市场下调第四季度利润目标 | | | 上海港湾 | 商业航天业务和钙钛矿太阳能业务占公司营收比例不是1% | | 签约项目 | 泰鸿万立 | 拟设立全资子公司投资4.8亿元建设汽车车身结构件生产线建设项目 | | 合同中标 | 同济科技 | 子公司中标西安河山锦绣府项目施工一标段项目 | | 股权转让 | ST中珠 | 深商集团拟以3000万元将朗地科技100%股权转让给步步高投资 | | 回购 | 纳芯微 | 拟斥资2亿元至4亿元回购股份 | | 增减持 | 星辉娱乐 | 实际控制人及其一致行动人拟减持不超过2.9%股份 | | 其他 | 慈星股份 | 拟定增募资不超过3亿元 | | | 中鼎股份 | 控股子公司成为国内某两家液冷系统集成商液冷假负载的供应商aac | 【热点 】 工业富联(601138.SH)：未向市场下调第四季度利润目标 上海港湾(605598.SH)：商业航天业务和钙钛矿太阳能业务占公司营收比例不足1%，规模较小，且尚未盈利 【 项 目 ...

公告称，本次《股权交易意向协议》的签署，符合公司发展战略，旨在进一步巩固并提升公司市场地 位，完善产业布局，有助于公司提升业务规模及综合竞争力，构建休闲度假目的地矩阵，优化资产结构 提升持续经营能力。 公告显示，毕棚沟公司主要负责在毕棚沟景区内开展经营业务，主要为景区提供交通(包含观光车、电 瓶车)、酒店餐饮、冬季娱雪项目等旅游配套服务。毕棚沟风景区位于四川省阿坝藏族羌族自治州理县 朴头乡梭罗沟境内，是一个集原生态景观博览、登山穿越、极地探险、滑雪滑冰、休闲度假于一体的大 型原生态旅游风景区。 智通财经APP讯，天府文旅(000558.SZ)公告，公司拟使用自有资金购买理县毕棚沟旅游开发有限公司 (简称"毕棚沟公司")34.30%股权，本次拟收购的毕棚沟公司不含景区门票相关收入。 ...

Core Viewpoint - Tianfu Culture and Tourism (000558.SZ) has signed a cooperation framework agreement with the Cultural Broadcasting, Television and Tourism Bureau of Deyang City and Aba Dajiu Zhai Tourism Group to enhance the integration of film and tourism industries [1] Group 1 - The agreement aims to collaborate on projects that improve film-related services and develop a comprehensive service system for the entire film industry chain, including production, distribution, and digital copyright trading [1] - The focus will be on integrating tourism resources in Aba Prefecture, particularly in winter sports, to create and promote winter tourism products and routes [1] - The partnership seeks to achieve high-quality integration of film culture and the winter economy through efficient resource integration and promotion [1]

Core Viewpoint - Tianfu Culture and Tourism (000558.SZ) has signed a cooperation framework agreement with the Deyang Cultural Broadcasting and Tourism Bureau and Aba Dajiu Zhai Tourism Group to promote the integration of film and tourism, aiming to enhance the film production industry chain and develop high-quality ice and snow tourism products [1] Group 1 - The agreements aim to promote the company's deepening of film business and extend the film production industry chain through multi-party cooperation [1] - The focus is on leveraging film tourism to explore market potential, deepen cooperation in the cultural industry, and achieve high-quality integration of regional tourism, culture, and film industries [1] - The company plans to enhance film production services by improving professional location scouting, support systems for costumes and props, and providing comprehensive services for film crews [1] Group 2 - The strategy includes integrating tourism operation experience and resources to develop new tourism products and routes, while establishing film shooting bases and expanding film business development space [1] - The goal is to create a one-stop film shooting service system in the western region, focusing on top market film projects [1] - The collaboration aims to build film tourism landmarks and promote the organic linkage between city IP and film IP [1]

Core Viewpoint - Tianfu Cultural Tourism (000558.SZ) aims to strengthen its ice and snow tourism strategy by collaborating with Aba Dajiu Zhai Tourism Group to optimize asset structure and enhance operational efficiency through the acquisition of shares in Bipei Gorge Scenic Area [1] Group 1: Acquisition Details - Aba Dajiu Zhai Tourism Group plans to purchase a 51.00% stake in Bipei Gorge Company from Chongqing Guanzhong Tourism Development Co., Ltd. in cash [1] - Tianfu Cultural Tourism intends to acquire a 34.30% stake in Bipei Gorge Company from Western Tourism Investment Holding Group Co., Ltd. also in cash [1] - The acquisition does not include revenue related to scenic area ticket sales [1] Group 2: Strategic Intent - The collaboration is part of a broader strategy to build a leisure vacation destination matrix [1] - The initiative is focused on optimizing the asset structure and improving operational efficiency within the company [1]