Group 1 - The company Tianfu Cultural Tourism (000558.SZ) confirmed that the operation of its Xiling Snow Mountain scenic area is normal [2] - The ski resort within the scenic area is expected to officially open around mid to late December each year, depending on weather conditions [2] - Investors are encouraged to monitor the company's regular reports and announcements for specific operational details [2]

Group 1 - The stock price of Tianfu Cultural Tourism increased by 2.25% on November 10, reaching 5.45 CNY per share, with a trading volume of 2.58 billion CNY and a turnover rate of 3.75%, resulting in a total market capitalization of 70.26 billion CNY [1] - Year-to-date, Tianfu Cultural Tourism's stock price has risen by 59.82%, with a 3.42% increase over the last five trading days, a 5.42% increase over the last 20 days, and an 8.86% decline over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" seven times this year, with the most recent appearance on September 22, where it recorded a net buy of -3.04 million CNY [1] Group 2 - Chengdu New Tianfu Cultural Tourism Development Co., Ltd. was established on March 31, 1988, and listed on May 9, 1994, with its main business activities including cultural tourism, film and television, and real estate [2] - The revenue composition of Tianfu Cultural Tourism is as follows: cultural tourism 51.88%, film and television 35.03%, real estate leasing 7.45%, conference and exhibition 4.80%, sports 0.83%, and merchandise sales 0.00% [2] - As of September 30, the number of shareholders of Tianfu Cultural Tourism increased to 151,900, a rise of 96.43%, while the average circulating shares per person decreased by 49.09% [2] Group 3 - Tianfu Cultural Tourism has distributed a total of 1.12 billion CNY in dividends since its A-share listing, with no dividends distributed in the last three years [3]

Core Viewpoint - The announcement of the 2026 holiday schedule, particularly the extended Spring Festival break from February 15 to 23, has significantly boosted interest in long-distance travel, igniting the tourism market [2]. Group 1: Market Reaction - On November 5, tourism-related stocks saw a collective rise, with *ST Zhang (000430.SZ) hitting the daily limit with a price of 8.28 yuan and a market capitalization exceeding 3 billion yuan [3]. - Other notable stock performances included: - Caesar Travel (000796.SZ) reaching a limit-up price of 7.47 yuan, up 10.01%, with a market cap of 11.98 billion yuan [3]. - Tianfu Cultural Tourism (000558.SZ) increased by 3.70% [3]. - Yunnan Tourism (002059.SZ) rose by 2.91%, peaking at 5.79 yuan [3]. - Shoulv Hotel (600258.SH) gained 2.64%, reaching a high of 14.83 yuan [3]. - Other companies like Jiuhua Tourism (603199.SH) and Jinjiang Hotel (600754.SH) also experienced modest increases [3]. Group 2: Travel Trends - Data from Qunar indicates that travelers from major cities like Shanghai, Beijing, and Guangzhou are already booking flights for the pre-Spring Festival period, with popular domestic destinations including Haikou, Sanya, and Hangzhou, and international hotspots like Seoul and Tokyo [4]. - The search volume for domestic travel during the Spring Festival is notably high for cities such as Sanya, Dali, and Harbin, while international interest has surged for Berlin, Busan, and Melbourne [4]. Group 3: Industry Insights - Spring and Autumn Travel's deputy general manager reported a 200% increase in inquiries for European travel packages during the Spring Festival, with searches for destinations like Greece, Norway, and Iceland doubling [5]. - According to Tongcheng Travel, hotel search volumes for February 14 and 15 have more than doubled compared to the previous day, reflecting the impact of the extended holiday on consumer behavior [6]. - The introduction of AI tools for travel planning is becoming more prevalent, with users utilizing platforms like DeepTrip for itinerary planning [6]. - The extended holiday is expected to lead to a more balanced daily flow of travelers, enhancing overall travel comfort and potentially setting new records for travel volume during the Spring Festival [6].

Group 1 - The tourism sector experienced a collective rise in stock prices following the announcement of the 2026 holiday schedule, particularly the Spring Festival break from February 15 to 23, which lasts for 9 days [1] - Notable stock performances include *ST Zhang (000430.SZ) reaching a limit up at 8.28 yuan with a market cap exceeding 3 billion yuan, and Caesar Travel (000796.SZ) also hitting the limit up at 7.47 yuan, reflecting a 10.01% increase and a market cap of 11.98 billion yuan [1] - Other companies such as Tianfu Culture Tourism (000558.SZ) and Yunnan Tourism (002059.SZ) also saw significant increases in their stock prices, indicating strong investor interest in the tourism sector [1] Group 2 - Data from Qunar indicates that travelers from major cities like Shanghai, Beijing, and Guangzhou are booking flights for the Spring Festival, with popular domestic destinations including Haikou and Sanya, and international destinations like Seoul and Tokyo [2] - Spring and Autumn Tourism reported a 200% increase in inquiries for European tours during the Spring Festival, with significant interest in destinations such as Greece and Norway, suggesting a robust demand for international travel [2] - The overall search volume for domestic hotels has more than doubled for the days leading up to the Spring Festival, indicating a surge in travel planning and consumer interest [3] Group 3 - The extended Spring Festival holiday and pilot programs for student breaks are seen as effective tools for enhancing macroeconomic consumption and population mobility [3] - The integration of AI technology in travel planning is becoming more prevalent, with users utilizing tools like DeepTrip for itinerary planning, reflecting a shift in consumer behavior [3] - The longest Spring Festival holiday in history is expected to lead to a balanced daily flow of travelers, potentially resulting in record-high travel and tourism activity during the holiday period [3]

Core Insights - The tourism and scenic area sector experienced a decline of 1.26% on October 30, with Caesar Travel leading the drop [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Major stocks in the tourism sector showed varied performance, with Dalian Shenya rising by 2.27% to a closing price of 50.41, while Caesar Travel fell by 5.43% to 6.09 [2] - The trading volume for Caesar Travel was significant at 1.24 million shares, with a transaction value of 770 million yuan [2] Capital Flow - The tourism and scenic area sector saw a net outflow of 341 million yuan from main funds, while retail investors contributed a net inflow of 330 million yuan [2][3] - Dalian Shenya had a net inflow of 6.57 million yuan from main funds, while Caesar Travel experienced a net outflow of 1.52 million yuan [3]

证券代码：000558 证券简称：天府文旅 公告编号：2025-080 成都新天府文化旅游发展股份有限公司 2025 年第四次临时股东大会决议公告 特别提示： 1、成都新天府文化旅游发展股份有限公司（以下简称"公司"）本次股东大会无否 决提案的情况。 2、公司本次股东大会不涉及变更以往股东大会已通过决议的情况。 3、截至公司本次股东大会股权登记日 2025 年 10 月 23 日，莱茵达控股集团有限公 司持股数量为 70,834,700 股，占公司总股本 5.4944%。根据 2019 年 3 月 11 日成都体育 产业投资集团有限责任公司与莱茵达控股集团有限公司签署的《关于莱茵达体育发展股 份有限公司之股份转让协议》，莱茵达控股集团有限公司承诺无条件且不可撤销地放弃 其持有的上市公司 64,461,198 股股份（占公司总股本的 5%）所对应的表决权，亦不委 托任何其他方行使该等股份的表决权。截至本次股东大会股权登记日，前述 64,461,198 股股份仍处于弃权期。本次股东大会莱茵达控股集团有限公司有表决权的股份数量为 6,373,502 股（占公司总股本的 0.4944%）。 一、会议召开和出席情况 （ ...

国浩律师（成都）事务所 关于 成都新天府文化旅游发展股份有限公司 2025 年第四次临时股东大会 之 法律意见书 成都市高新区天府二街 269 号无国界 26 号楼 6、9、10 层 邮编：610000 6F, 9F, 10F, Building 26, No.269 Second Tianfu Street,Hi-TechZone,Chengdu,China 电话/Tel:+862886119970 传真/Fax:+862886119827 网址/Website:http://www.grandall.com.cn 二〇二五年十月 国浩律师（成都）事务所 法律意见书 国浩律师（成都）事务所 关于成都新天府文化旅游发展股份有限公司 2025 年第四次临时股东大会 之法律意见书 致：成都新天府文化旅游发展股份有限公司 国浩律师（成都）事务所（以下简称"本所"）接受成都新天府文化旅游发展 股份有限公司（以下简称"公司"）委托，指派罗祎彬、唐恺律师出席公司 2025 年第四次临时股东大会（以下简称"本次会议"），并根据《中华人民共和国证券 法》（以下简称"《证券法》"）、《中华人民共和国公司法》（以下简称"《公 司 ...

Core Insights - The tourism and scenic spots sector experienced a slight decline of 0.02% on October 29, with Tianfu Culture and Tourism leading the drop [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Sector Performance - Key stocks in the tourism sector showed mixed performance, with notable gainers including: - Caesar Travel (Code: 000796) with a closing price of 6.44, up 3.37% and a trading volume of 1.6385 million shares, totaling 1.066 billion yuan [1] - Changzi Mountain (Code: 6605099) closed at 52.61, up 2.59% with a trading volume of 116,700 shares, totaling 610 million yuan [1] - Conversely, Tianfu Culture and Tourism (Code: 000558) fell by 2.79% to a closing price of 5.23, with a trading volume of 514,300 shares, totaling 268 million yuan [2] Capital Flow Analysis - The tourism sector saw a net outflow of 222 million yuan from major funds, while retail investors contributed a net inflow of 242 million yuan [2] - Specific stock capital flows indicated: - Yunnan Tourism (Code: 002059) had a net inflow of 3.1815 million yuan from major funds, while retail investors contributed 3.8099 million yuan [3] - ST Zhangjiajie (Code: 000430) experienced a significant net outflow of 4.1801 million yuan from major funds, but a net inflow of 4.1691 million yuan from retail investors [3]

Core Insights - The tourism and scenic area sector experienced a slight increase of 0.18% on October 28, with Lingnan Holdings leading the gains [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Stock Performance - Lingnan Holdings (000524) closed at 14.36, up 3.98% with a trading volume of 332,900 shares and a transaction value of 476 million [1] - Other notable performers included Tibet Tourism (600749) with a closing price of 18.90, up 1.72%, and Caesar Travel (000796) at 6.23, up 1.47% [1] - Conversely, ST Zhangjiajie (000430) saw a decline of 1.91% to close at 7.69, with a trading volume of 61,500 shares [2] Capital Flow - The tourism and scenic area sector saw a net outflow of 43.07 million from institutional investors, while retail investors contributed a net inflow of 67.35 million [2] - Notably, Lingnan Holdings experienced a net outflow of 30.91 million from institutional investors, while Caesar Travel had a net inflow of 30.82 million [3] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors showed interest in certain stocks [2][3]

Financial Performance - The company's operating revenue for Q3 2025 was ¥22,064,119.67, a decrease of 9.15% compared to the same period last year, while year-to-date revenue increased by 69.32% to ¥226,280,801.59[5] - The net profit attributable to shareholders for Q3 2025 was -¥25,884,856.88, down 57.80% year-on-year, and the year-to-date net profit was -¥18,447,851.50, a decline of 108.64%[5] - The basic and diluted earnings per share for Q3 2025 were both -¥0.0201, representing a decrease of 58.27% compared to the same period last year[5] - The net loss for the current period was ¥12,532,257.19, compared to a net loss of ¥5,425,988.88 in the previous period, indicating a worsening of approximately 131.5%[35] - The company reported a basic and diluted earnings per share of -0.0143, compared to -0.0069 in the previous period, indicating a deterioration in earnings performance[36] Assets and Liabilities - The total assets at the end of Q3 2025 were ¥2,653,582,172.60, an increase of 11.76% from the end of the previous year[5] - The company's total assets increased to ¥2,653,582,172.60 from ¥2,374,406,051.04, marking a growth of about 11.7%[32] - Current liabilities totaled ¥516,538,221.92, up from ¥454,276,233.24, which is an increase of approximately 13.7%[32] - Non-current liabilities rose to ¥886,200,825.56 from ¥666,713,726.93, reflecting an increase of about 32.9%[32] - The total liabilities increased to ¥1,402,739,047.48 from ¥1,120,989,960.17, which is an increase of about 25.1%[32] - The total equity attributable to shareholders decreased to ¥1,048,742,646.30 from ¥1,063,231,206.36, a decline of approximately 1.4%[32] Cash Flow - The company’s cash flow from operating activities for Q3 2025 was -¥357,837,257.75, a significant decline of 945.56% year-on-year[10] - Operating cash inflow for the current period was CNY 372,210,781.32, compared to CNY 200,583,495.33 in the previous period, representing an increase of approximately 85.6%[37] - Operating cash outflow for the current period totaled CNY 730,048,039.07, significantly higher than CNY 234,807,838.56 in the previous period, indicating a rise of about 210.5%[38] - The net cash flow from operating activities was negative CNY 357,837,257.75, worsening from negative CNY 34,224,343.23 in the previous period[38] - Cash inflow from financing activities was CNY 588,468,274.32, up from CNY 125,000,000.00 in the previous period, marking an increase of about 370.5%[38] - The net cash flow from financing activities was positive CNY 398,904,361.85, compared to CNY 91,008,421.80 in the previous period, reflecting a significant increase of approximately 338.5%[38] Inventory and Expenses - The company reported a 298.72% increase in inventory, reaching ¥520,180,089.35, primarily due to increased production costs in the film and television projects[9] - The financial expenses surged by 555.71% to ¥18,721,273.97, attributed to increased loans related to film and television business[9] - Total operating costs increased to ¥235,018,203.69 from ¥141,461,378.79, reflecting a rise of about 66.1%[34] Shareholder Information - The total number of common shareholders at the end of the reporting period is 151,930[12] - Chengdu Sports Industry Investment Group holds 29.90% of shares, totaling 385,477,961 shares, with 192,738,980 shares pledged[12] Loans and Financing - The company approved a loan application of CNY 150 million at a fixed interest rate of 3.80% per annum for a term of 3 years, guaranteed by its indirect controlling shareholder[21] - The company applied for an additional loan of CNY 300 million from Chengdu Rural Commercial Bank at a rate of LPR + 70 basis points, and CNY 130 million from Industrial Bank at LPR + 50 basis points[23] - The company’s financial strategy includes utilizing loans for daily operations and project funding[21][23] Government and Compensation - The company received government subsidies amounting to ¥372,000.00 during the reporting period, with a total of ¥430,914.67 year-to-date[7] - The company received a compensation payment of 50,203,979.58 RMB from Rhine Group for the 2020 performance shortfall[15] - As of September 2023, the company received 26,194,996.70 RMB from the court related to the performance compensation[16] - The total amount of performance compensation received by the company is 54,163,271.02 RMB, including principal and interest[17] - The company received a total compensation of CNY 3,596,175.72 for land use rights due to the construction of Hangzhou Metro Line 3 Phase II[20] Strategic Initiatives - In August 2025, the company signed strategic cooperation framework agreements with multiple cultural and tourism organizations to promote diversified development[19] Related Party Transactions - The company signed service outsourcing contracts with related parties, including a project with Chengdu Talent Development Group[26] - The company’s subsidiary awarded a service outsourcing contract to Chengdu Cultural Tourism Property Management Co., Ltd., a related party[27] - The company is actively engaging in related party transactions to enhance operational efficiency[26][27] Transparency and Reporting - The company’s financial disclosures are available on major financial news platforms for transparency[22][28] - The company did not undergo an audit for the third quarter financial report[39]