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。 为促进上市公司规范运作、健康发展，增强上市公司信 息透明度，加强与广大投资者沟通交流，进一步提升投资者 关系管理水平，陕西上市公司协会根据陕西证监局工作部 署，联合深圳市全景网络有限公司举办"2023 年陕西辖区上 市公司投资者集体接待日暨 2022 年度业绩说明会活动"。 证券代码：000610 证券简称：西安旅游 公告编号：2023-14 号 西安旅游股份有限公司 关于参加"2023 年陕西辖区上市公司投资者集体 接待日暨 2022 年度业绩说明会"的公告 网址：http://rs.p5w.net。 特此公告 西安旅游股份有限公司 二〇二三年五月八日 届时，公司董事长及相关高管人员将通过互动平台与投 资者进行网络沟通和交流，欢迎广大投资者踊跃参加！ 活动时间：2023 年 5 月 16 日 15:00-17:00。 活动地址："全景路演" ...

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2022, representing a year-on-year increase of 15%[14]. - The net profit attributable to shareholders was 150 million RMB, an increase of 10% compared to the previous year[14]. - The company's operating revenue for 2022 was ¥395,994,842.73, a decrease of 29.37% compared to ¥560,654,445.18 in 2021[22]. - The net profit attributable to shareholders was -¥167,466,025.00 in 2022, representing a decline of 129.19% from -¥73,068,303.79 in 2021[22]. - The net cash flow from operating activities was -¥209,119,143.99, which is an 80.99% increase in losses compared to -¥115,542,663.95 in 2021[22]. - Basic earnings per share were -¥0.7074, a decrease of 129.23% from -¥0.3086 in the previous year[22]. - The overall operating income for the year was ¥395.99 million, a decrease of 29.37% compared to the previous year, primarily due to restrictions on travel and hospitality operations[37]. - The company reported a net profit loss across several subsidiaries, including a loss of CNY 1,567,339.69 from Xi'an Xili New Guanghua Hotel Co., Ltd.[72]. - The company reported a net loss of ¥33,575,923.20 for the year, compared to a profit of ¥133,890,101.80 in the previous year[193]. - Net profit for the period was a loss of CNY 182.38 million, a decrease of CNY 101.79 million or 126.32% year-on-year, with a loss attributable to shareholders of the parent company of CNY 167.47 million, a decrease of CNY 94.40 million or 129.19%[39]. Revenue Breakdown - The revenue from non-main business activities was ¥18,136,940.02, compared to ¥46,244,156.11 in 2021[22]. - The revenue after deducting non-main business activities was ¥377,857,902.71, down from ¥514,410,289.07 in 2021[22]. - The travel agency segment generated revenue of ¥86.19 million in 2022, a decrease of 40.40% compared to the previous year, reflecting the impact of the pandemic on travel activities[35]. - The hotel segment achieved revenue of ¥64.27 million, down 16.34% from the previous year, with occupancy rates below expectations due to reduced business travel[36]. - The commerce segment reported revenue of ¥245.54 million, a decline of 27.62% year-on-year, indicating challenges in the market[37]. - Revenue from the hotel industry was CNY 64.27 million, accounting for 16.22% of total revenue, down 16.34% year-on-year[40]. - Revenue from the travel agency business was CNY 86.19 million, accounting for 21.77% of total revenue, down 40.40% year-on-year[40]. - Revenue from the commercial trade sector was CNY 245.54 million, accounting for 62.01% of total revenue, down 27.62% year-on-year[40]. Market Strategy and Outlook - The company plans to expand its market presence by opening 5 new locations in key tourist areas in 2023[14]. - The company has outlined a future outlook with a revenue growth target of 12% for 2023[14]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and market share[14]. - The company aims to enhance customer experience through the introduction of a new mobile app in 2023[14]. - The company is focusing on integrating tourism resources and developing diversified cultural tourism projects to enhance its market position[33]. - The company plans to innovate and strengthen its tourism product design and services, focusing on integrating cultural and tourism elements[79]. - The company is focusing on developing a comprehensive "education + cultural tourism" model to reshape the education and training industry[80]. Management and Governance - The company experienced a change in its board of directors, with several members resigning due to various reasons, including term completion and job changes[91]. - The current chairman, Wang Wei, has been in position since December 23, 2019, and will serve until December 22, 2025[94]. - The company appointed new executives, including Zhuang Ying as the general manager and Liu Wenzhong as the financial director, both effective from May 9, 2022[92]. - The company has seen a significant turnover in its management team, with multiple resignations and new appointments in 2022[92]. - The company’s management team is composed of experienced professionals with diverse backgrounds in finance, law, and tourism[99]. - The total pre-tax remuneration for directors, supervisors, and senior management during the reporting period amounted to 29.43 million CNY[101]. - The company’s governance structure includes a compensation and assessment committee that evaluates the remuneration based on performance[100]. - The board of directors has been actively involved in overseeing the company’s strategic direction and performance metrics[103]. Internal Controls and Compliance - The company has implemented a strict internal control system, enhancing operational efficiency and maintaining low financial and operational risks[117]. - The company confirmed that there were no significant internal control deficiencies discovered during the reporting period[118]. - The company maintained effective internal controls as of December 31, 2022, according to the internal control audit report[122]. - The total assets included in the internal control evaluation accounted for 100% of the company's consolidated financial statement assets[120]. - The total revenue included in the internal control evaluation accounted for 100% of the company's consolidated financial statement revenue[120]. - The audit opinion for the financial statements was a standard unqualified opinion, issued on April 17, 2023[179]. - The audit was conducted by Sigma Accounting Firm, with registered accountants Li Bo and Zhang Wei responsible for the audit[179]. Shareholder Information - The company has 84,824 shareholders as of the report date, with the largest shareholder holding 26.57% of the shares[166]. - The largest shareholder, Xi'an Tourism Group Co., Ltd., holds 62,902,145 shares, representing 30.96% of the total shares[169]. - The second largest shareholder, Panjing Equity Investment Fund Management (Shanghai) Co., Ltd., holds 11,850,028 shares, accounting for 5.01%[167]. - The company has not undergone any changes in its controlling shareholder during the reporting period[169]. - The actual controller, Xi'an Qujiang New District Management Committee, indirectly holds 177,680,388 shares of Xi'an Catering Co., Ltd., representing 30.96%[170]. Financial Position - Total assets at the end of 2022 were ¥2,030,607,111.41, down 8.37% from ¥2,216,158,784.58 at the end of 2021[22]. - The net assets attributable to shareholders decreased by 20.46% to ¥650,844,443.06 from ¥818,310,468.06 in 2021[22]. - The company's equity attributable to shareholders dropped from ¥818,310,468.06 to ¥650,844,443.06, a decline of about 20.5%[193]. - Cash and cash equivalents decreased from ¥466,100,531.38 to ¥283,851,640.55, a decline of approximately 39.1%[191]. - Accounts receivable increased significantly from ¥27,512,329.53 to ¥71,597,268.59, an increase of about 160.1%[191]. - Inventory increased from ¥247,518,874.72 to ¥280,441,302.09, representing an increase of approximately 13.3%[191].

Financial Performance - The company's operating revenue for Q1 2023 was ¥139,199,726.80, representing a 73.53% increase compared to ¥80,214,443.20 in the same period last year[4] - The net loss attributable to shareholders was ¥29,412,333.92, a 13.77% improvement from a loss of ¥34,108,586.60 in the previous year[4] - The basic earnings per share improved by 13.81%, reaching -¥0.1242 compared to -¥0.1441 in the same period last year[4] - The net profit for Q1 2023 was -32,234,564.89 CNY, an improvement from -37,076,248.44 CNY in Q1 2022, representing a decrease in net loss of approximately 13.5%[20] - Operating profit for Q1 2023 was -32,461,117.31 CNY, compared to -37,132,086.52 CNY in the same period last year, indicating a reduction in operating loss of about 12.0%[20] - The company recorded a total comprehensive loss of -32,234,564.89 CNY for Q1 2023, compared to -37,076,248.44 CNY in the previous year, reflecting a decrease in comprehensive loss of approximately 13.5%[20] Cash Flow and Liquidity - The net cash flow from operating activities improved by 59.69%, reaching -¥34,132,024.97 compared to -¥84,677,204.91 in the same period last year[4] - Cash flow from operating activities showed a net outflow of -34,132,024.97 CNY, an improvement from -84,677,204.91 CNY in Q1 2022, reflecting a 59.6% reduction in cash outflow[22] - The company received 109,488,731.16 CNY in cash from sales of goods and services, up from 79,992,697.43 CNY in Q1 2022, marking an increase of about 37.0%[21] - The company reported a net cash inflow from financing activities of 186,846,664.02 CNY, compared to a net outflow of -12,676,205.30 CNY in Q1 2022, indicating a significant turnaround[22] - The company’s cash outflow for operating activities totaled 147,254,001.47 CNY, down from 168,662,591.40 CNY in Q1 2022, indicating a decrease of about 12.7%[22] - Cash and cash equivalents at the end of the first quarter were CNY 392,961,056.49, an increase of 38.5% from CNY 283,851,640.55 at the beginning of the year[16] Assets and Liabilities - Total assets increased by 10.12% to ¥2,236,141,931.08 from ¥2,030,607,111.41 at the end of the previous year[4] - Total assets as of April 18, 2023, amounted to CNY 2,236,141,931.08, compared to CNY 2,030,607,111.41 at the beginning of the year, representing an increase of 10.1%[18] - Total liabilities increased to CNY 1,621,115,805.88 from CNY 1,384,146,421.32, marking a rise of 17.1%[18] - The company’s current liabilities totaled CNY 1,132,980,740.97, up from CNY 893,764,371.49, indicating a growth of 26.7%[18] Borrowings and Contract Liabilities - The company's short-term borrowings rose by 41.26%, amounting to an increase of ¥20,035.78 million due to new bank loans[7] - The company's contract liabilities increased by 64.18%, reflecting a rise of ¥4,450.82 million in the trading sector[8] Impairments and Lawsuits - The company has recognized an impairment provision of CNY 27,632,500.00, accounting for 50% of the disputed prepayment to Sichuan Nonferrous New Materials Technology Co., Ltd.[14] - The company is involved in a significant lawsuit seeking the return of CNY 56,341,010.00 from Sichuan Nonferrous New Materials Technology Co., Ltd. due to a contract dispute[13] Government Subsidies - The company received government subsidies amounting to ¥727,758.95, contributing to its non-recurring gains[5] Accounts Receivable - Accounts receivable increased to CNY 94,481,551.76 from CNY 71,597,268.59, reflecting a growth of 32.0%[16]

Financial Performance - The company's operating revenue for Q3 2022 was ¥145,340,091.27, a decrease of 14.94% compared to the same period last year[3] - The net profit attributable to shareholders was -¥32,329,936.57, representing a decline of 105.44% year-on-year[3] - Total operating revenue for the period was ¥381,617,635.90, a decrease of 9.6% compared to ¥422,173,445.12 in the previous period[16] - The company reported a net loss of ¥89,227,112.64, compared to a loss of ¥35,013,096.55 in the previous period, indicating a significant decline in profitability[16] - The net profit for the third quarter of 2022 was -89,028,980.86 CNY, compared to -34,766,641.28 CNY in the same period last year, indicating a significant increase in losses[17] - The net profit attributable to the parent company was -80,872,462.80 CNY, up from -33,734,226.86 CNY year-over-year[17] - The basic and diluted earnings per share were both -0.3416 CNY, compared to -0.1425 CNY in the previous year[17] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥172,302,134.28, a decrease of 16.28% compared to the previous year[3] - Operating cash inflow for the period was 363,642,613.01 CNY, an increase from 335,979,930.01 CNY in the previous year[18] - Operating cash outflow totaled 535,944,747.29 CNY, compared to 484,152,784.78 CNY in the same period last year[19] - The net cash flow from operating activities was -172,302,134.28 CNY, worsening from -148,172,854.77 CNY year-over-year[19] - The net cash flow from investing activities was 92,193,751.89 CNY, compared to -150,334,966.12 CNY in the previous year, indicating a recovery[19] - The net cash flow from financing activities was -62,697,295.41 CNY, a decline from 382,043,968.06 CNY in the same period last year[19] - The ending cash and cash equivalents balance was 322,137,359.73 CNY, down from 391,013,339.80 CNY year-over-year[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,092,592,331.20, down 5.58% from the end of the previous year[3] - Current assets decreased to ¥889,629,648.69 from ¥970,304,808.64 at the beginning of the year, reflecting a reduction of approximately 8.3%[13] - Total assets amounted to ¥2,092,592,331.20, down from ¥2,216,158,784.58, representing a decrease of about 5.6%[15] - The company's cash and cash equivalents decreased to ¥322,937,106.48 from ¥466,100,531.38, a decline of approximately 30.7%[13] - Long-term equity investments decreased to ¥64,994,315.90 from ¥77,588,613.03, a reduction of about 16.2%[13] - The total liabilities decreased to ¥1,357,784,757.19 from ¥1,392,602,229.71, a decrease of approximately 2.5%[15] - The company's total equity decreased to ¥734,807,574.01 from ¥823,556,554.87, reflecting a decline of about 10.8%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,403[9] - The largest shareholder, Xi'an Tourism Group Co., Ltd., holds 27.50% of the shares[9] Other Financial Metrics - The weighted average return on equity was -4.16%, a decrease of 2.36% compared to the same period last year[3] - The company recognized credit impairment losses of ¥12,260,632.11, significantly higher than ¥1,173,448.75 in the previous period[16] - The company received government subsidies amounting to ¥568,197.02 during the reporting period[4] Audit Status - The third quarter report was not audited[20]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥236,277,544.63, a decrease of 5.98% compared to ¥251,313,849.64 in the same period last year[19]. - The net loss attributable to shareholders was ¥48,542,526.23, representing a significant increase of 169.72% from a loss of ¥17,997,399.78 in the previous year[19]. - The net cash flow from operating activities was -¥131,580,331.94, which is a decline of 14.75% compared to -¥114,665,011.82 in the same period last year[19]. - The basic earnings per share were -¥0.2050, a decrease of 169.38% from -¥0.0761 in the previous year[19]. - The total assets at the end of the reporting period were ¥2,192,568,830.12, down 1.06% from ¥2,216,158,784.58 at the end of the previous year[19]. - The company's total revenue for the reporting period was ¥236,277,544.63, a decrease of 5.98% compared to ¥251,313,849.64 in the same period last year[33]. - The cost of sales increased by 10.50% to ¥243,629,062.38 from ¥220,472,492.59, leading to a negative impact on profitability[33]. - The revenue from the trade sector rose by 27.64% to ¥180,087,848.81, accounting for 76.22% of total revenue[35]. - The hotel sector's revenue decreased by 33.51% to ¥19,703,831.06, while the travel agency business saw a significant decline of 54.73% to ¥36,485,864.76[35]. - The company reported a total comprehensive income of -20,651,171.42 yuan for the first half of 2022, compared to -9,273,180.28 yuan in the same period of 2021, indicating worsening financial performance[143]. Cash Flow and Financing - The net cash flow from operating activities was negative at -¥131,580,331.94, worsening by 14.75% compared to -¥114,665,011.82 from the previous year[33]. - The company's cash and cash equivalents decreased by 109.03% to -¥8,377,841.35, primarily due to cash flow impacts from investment and financing activities[33]. - The company raised 425,000,000.00 yuan through borrowings in the first half of 2022, compared to 510,000,000.00 yuan in the same period of 2021, reflecting a decrease in financing activities[143]. - The net cash flow from financing activities was 36,769,154.59 yuan, a significant drop from 361,437,815.00 yuan in the first half of 2021, indicating reduced financing capacity[143]. - The ending balance of cash and cash equivalents was 456,565,196.18 yuan, down from 464,943,037.53 yuan at the beginning of the period, showing a decrease in liquidity[143]. Assets and Liabilities - The company's total liabilities increased to CNY 764,985,923.99 from CNY 749,406,754.62, indicating a rise in financial obligations[137]. - The total equity decreased to CNY 856,390,383.78 from CNY 877,041,555.20, reflecting a reduction in shareholder value[137]. - The company's total assets at the end of the first half of 2022 were approximately 7.94 billion yuan, reflecting a slight increase from 7.22 billion yuan at the end of the first half of 2021[148]. - The total liabilities of the company at the end of the first half of 2022 were approximately 7.12 billion yuan, compared to 6.33 billion yuan at the end of the first half of 2021, representing an increase of about 12.5%[148]. Subsidiaries and Investments - The company reported a total of 14,139.69 in revenue from its subsidiary Xi'an Xili New Guanghua Hotel, with a net loss of 1,161,702.91[62]. - The subsidiary Xi'an Overseas Tourism Co., Ltd. generated 18,674,025.33 in revenue but incurred a net loss of 709,839.97[62]. - The total assets of the subsidiary Xi'an Zhonglv International Travel Co., Ltd. amount to 47,565,917.75, with a net loss of 690,602.61[62]. - The company reported a net profit of 470,010 CNY from its investment in Xi'an Hongtu Innovation Investment Co., Ltd., which has total assets of 117.20 million CNY and a net asset of 113.39 million CNY[68]. Corporate Governance and Compliance - The company did not distribute cash dividends or issue bonus shares during the reporting period[6]. - The company has not experienced any major litigation or arbitration matters during the reporting period[89]. - There are no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[84]. - The company has not engaged in any significant related party transactions during the reporting period[90]. - The semi-annual financial report has not been audited[87]. Strategic Initiatives and Market Position - The company is facing significant challenges due to the pandemic, with many travel agencies and tourism companies closing down, impacting its main business in travel and hotel sectors[70]. - The company plans to innovate and reform its management model, focusing on internal reforms to enhance operational efficiency and support innovation[70]. - The company aims to upgrade its traditional business models by leveraging big data and enhancing service quality to adapt to new trends in cultural tourism consumption[71]. - The company is actively seeking partnerships with external brands and quality resources to stimulate business growth and innovation[70]. Accounting Policies and Financial Reporting - The financial statements are prepared based on the going concern assumption, with no significant doubts regarding the company's ability to continue operations for the next 12 months[172]. - The company adheres to the accounting policies and estimates as per the enterprise accounting standards, including provisions for bad debts and depreciation of fixed assets[173]. - The company recognizes expected credit losses based on historical data, current conditions, and future economic forecasts for financial assets measured at amortized cost[187]. - The company classifies financial assets into three categories: A. amortized cost, B. fair value through other comprehensive income, and C. fair value through profit or loss[185].

Financial Performance - The company's operating revenue for Q1 2022 was ¥80,214,443.20, representing a 5.55% increase compared to ¥76,000,053.57 in the same period last year[3] - The net profit attributable to shareholders was -¥34,108,586.60, a decrease of 143.35% from -¥14,016,263.41 year-on-year[3] - The net profit for Q1 2022 was a loss of ¥37,076,248.44, compared to a loss of ¥14,809,342.50 in Q1 2021, reflecting a significant increase in losses[19] - The total comprehensive loss for the period was -37,076,248.44 CNY, compared to -14,809,342.50 CNY in the same period last year, indicating a significant increase in losses[20] - Basic and diluted earnings per share for Q1 2022 were both -0.1441 CNY, compared to -0.0592 CNY in Q1 2021, reflecting a worsening performance[20] Cash Flow - The net cash flow from operating activities was -84,677,204.91 CNY, slightly improved from -90,419,256.69 CNY in the same period last year[23] - Cash inflow from operating activities was 83,985,386.49 CNY, down from 89,788,633.48 CNY in the previous year, a decrease of approximately 6.4%[23] - Cash outflow from operating activities totaled 168,662,591.40 CNY, compared to 180,207,890.17 CNY in the previous year, a decrease of about 6.5%[23] - The net cash flow from investing activities was 64,616,456.12 CNY, a significant improvement from -26,302,302.18 CNY in Q1 2021[24] - Cash inflow from financing activities was 200,000,000.00 CNY, up from 151,000,000.00 CNY in the previous year, an increase of approximately 32.5%[24] - The net cash flow from financing activities was -12,676,205.30 CNY, compared to 99,024,479.58 CNY in Q1 2021, indicating a shift towards cash outflow[24] - The ending cash and cash equivalents balance was 432,206,083.44 CNY, down from 464,943,037.53 CNY at the beginning of the period, a decrease of about 7.0%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,140,303,599.37, down 3.42% from ¥2,216,158,784.58 at the end of the previous year[4] - Current assets totaled ¥904,238,009.82 at the end of Q1 2022, down from ¥970,304,808.64 at the beginning of the year, a decrease of approximately 6.8%[16] - Total liabilities decreased to ¥1,353,823,292.94 from ¥1,392,602,229.71, a decline of approximately 2.8%[17] - The company's equity attributable to shareholders decreased by 4.17% to ¥784,201,881.46 from ¥818,310,468.06[4] - The company's equity attributable to shareholders decreased to ¥784,201,881.46 from ¥818,310,468.06, a decline of approximately 4.2%[17] Accounts and Expenses - Accounts receivable increased by ¥20,628,500, representing a 74.98% rise, primarily due to growth in the trading segment[7] - Prepaid accounts increased by ¥92,055,500, a significant 481.88% increase, attributed to the trading and hotel segments[7] - Sales expenses rose by ¥11,790,000, reflecting a 78.85% increase due to hotel segment expansion[8] - Financial expenses increased by ¥2,757,700, a 211.13% rise, mainly due to higher borrowing costs[8]

Financial Performance - The company's operating revenue for 2021 was ¥560,654,445.18, an increase of 87.28% compared to ¥299,367,471.17 in 2020[21]. - The net profit attributable to shareholders was a loss of ¥73,068,303.79, representing a decline of 294.45% from a profit of ¥37,576,277.91 in 2020[21]. - The net cash flow from operating activities improved to -¥115,542,663.95, a 33.25% improvement from -¥173,104,239.30 in 2020[21]. - The total assets at the end of 2021 were ¥2,216,158,784.58, reflecting a 67.17% increase from ¥1,325,718,425.36 at the end of 2020[21]. - The basic earnings per share for 2021 was -¥0.3086, compared to ¥0.1587 in 2020, indicating a significant decline[21]. - The company reported a total of ¥514,410,289.07 in revenue after deducting non-operating income, which was entirely related to its main business[22]. - The company experienced a net loss of ¥39,334,076.93 in the fourth quarter of 2021, contributing to the overall annual loss[26]. - Non-operating income included ¥14,618,122.69 from the disposal of non-current assets, down from ¥138,775,662.24 in 2020[27]. - The weighted average return on net assets was -8.56% for 2021, a decrease of 12.87% from 4.31% in 2020[21]. Business Operations - The company operates in various sectors including hotel management, catering services, and tourism product development[18]. - The company has undergone several changes in its business scope since its establishment, with the latest updates including travel agency services and tourism resource development[18]. - The company expanded its hotel operations, adding 24 hotels in 2021, including 16 direct-operated and 8 franchised[34]. - The travel agency segment launched multiple premium tourism and research study routes, signing strategic cooperation agreements with several scenic spots along the Qinling Mountains[37]. - The company developed nearly 100 self-operated tourism routes, including destinations in Guangdong, Guangxi, Hainan, Xinjiang, Tibet, and Sichuan[33]. - The company upgraded its Wan'ao hotel brand from version 1.0 to 2.0, enhancing its diversified brand lineup[34]. - The company established a "Five Heart" fresh food distribution platform, enhancing its supply chain capabilities and achieving good economic and social benefits[35]. - The company initiated the "Lemon Research Study" brand, creating nearly 100 high-quality research study and party-building products[34]. - The company launched the "Xi Travel" WeChat mini-program and upgraded its micro-mall system in 2021[37]. - The company is focusing on new business growth points in urban entertainment, outdoor living, natural education, and live e-commerce[35]. Revenue Breakdown - In 2021, the travel agency business generated revenue of CNY 144.63 million, representing a year-on-year growth of 21.22%[38]. - The hotel business achieved revenue of CNY 76.81 million in 2021, with a significant year-on-year increase of 195.53%[42]. - The commerce and logistics segment reported revenue of CNY 339.21 million, marking a year-on-year growth of 120.18%[39]. - The hotel segment accounted for 13.70% of total revenue, while the travel agency and commerce segments contributed 25.80% and 60.50%, respectively[42]. Subsidiaries and Acquisitions - The company acquired 100% equity of Sunshine Hotel for CNY 37.87 million, which was completed in January 2021[49]. - The company has established several new subsidiaries, including a full-owned subsidiary for scenic area management and a hotel management company[49]. - The company reported a net profit of 42.70 million CNY for the subsidiary Xi'an Hongtu Innovation Investment Co., with total assets of 205.46 million CNY and net assets of 176.09 million CNY as of the end of 2021[91]. - The company’s subsidiary, Xi'an Xili Conference and Exhibition Service Co., reported a net profit of 171.22 million yuan from an operating income of 515.97 million yuan, with total assets of 280.73 million yuan[90]. Financial Management and Control - The company emphasizes the importance of risk management and has outlined potential risks and countermeasures in its management discussion[4]. - The company has a commitment to ensuring the accuracy and completeness of its financial reports, as stated by its management[3]. - The internal control system has been continuously improved, ensuring low financial and operational risks[130]. - The internal control audit report confirmed that the company maintained effective financial reporting internal controls as of December 31, 2021[134]. - There were no major defects identified in the financial or non-financial reports, indicating a strong compliance and operational integrity[135][149]. Shareholder Information - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves[5]. - The total number of shares is 236,747,901, with 99.43% being unrestricted shares and 0.57% being restricted shares[182]. - The largest shareholder, Xi'an Tourism Group Co., Ltd., holds 27.29% of the shares, totaling 64,602,145 shares[187]. - The company has not issued any new securities during the reporting period[186]. - The shareholding structure remains stable, with no significant changes in the asset and liability structure reported[186]. Management and Governance - The company has a diverse board with members holding various academic qualifications, including PhDs and master's degrees[109]. - The current management team includes experienced professionals with backgrounds in finance, tourism, and law, enhancing the company's strategic capabilities[110]. - The management team is focused on leveraging their expertise to drive the company's growth in the tourism sector[108]. - The total pre-tax remuneration for the board of directors, supervisors, and senior management amounted to 4.3982 million CNY[114]. - The company’s board of directors held a total of 4 meetings during the reporting period, with all members present[117]. Legal and Compliance - The company did not experience any significant litigation or arbitration matters during the reporting period, reflecting a stable legal standing[148]. - The company has not engaged in any major related party transactions during the reporting period, ensuring transparency in operations[150]. - There were no violations or penalties reported during the period, indicating adherence to regulatory standards[149]. Future Plans - The company plans to expand the "Xili Wan'ao" hotel brand across the country, enhancing brand awareness and developing franchise stores[93]. - The travel agency sector is expected to focus on post-pandemic recovery, enhancing product design and expanding self-operated product clusters[93]. - The company aims to establish a national automated ecological supply chain collection and distribution base within 3 to 5 years to reduce traditional supply costs[95]. - The company will develop a diversified brand portfolio in the hotel sector, including "Wan'ao Manor" and "Platinum Wan'ao" among others[93].

Revenue and Profitability - Revenue for the third quarter reached ¥170,859,595.48, an increase of 120.09% compared to the same period last year[2] - Operating income for the year-to-date period was ¥422,173,445.12, reflecting a 130.82% increase compared to the same period last year[2] - Total operating revenue for the third quarter reached CNY 422,173,445.12, a significant increase from CNY 182,902,685.88 in the same period last year, representing a growth of approximately 131%[25] - The net profit for the third quarter was a loss of CNY 34,766,641.28, compared to a profit of CNY 87,203,540.64 in the previous year, reflecting a decline of over 140%[26] - Net profit attributable to shareholders was -¥15,736,827.08, a decrease of 114.71% year-on-year[2] Cash Flow - The net cash flow from operating activities was -¥148,172,854.77, a decline of 11.41% year-to-date[3] - The company reported a negative cash flow from operating activities of CNY 148,172,854.77, worsening from a negative cash flow of CNY 132,993,819.82 in the same quarter last year[29] - Cash inflow from operating activities totaled CNY 335,979,930.01, while cash outflow was CNY 484,152,784.78, leading to a net cash flow deficit[29] - The net cash flow from investing activities was -150,334,966.12 CNY, a significant decrease compared to 841,598.57 CNY in the previous year[30] - The total cash inflow from financing activities was 656,295,315.00 CNY, up from 298,043,580.00 CNY year-over-year[30] - The net cash flow from financing activities increased to 382,043,968.06 CNY, compared to 108,561,745.00 CNY in the same period last year[30] Assets and Liabilities - Total assets increased to ¥1,912,032,003.70, representing a growth of 44.23% from the end of the previous year[3] - The company’s total liabilities increased significantly, with contract liabilities rising by ¥16,869,600.00, a 171.18% increase, indicating growth in pre-sold services[8] - The total liabilities of the company reached CNY 1,045,347,959.75, an increase from CNY 432,426,765.32 year-over-year[25] - The total equity attributable to shareholders of the parent company was CNY 854,923,603.64, down from CNY 891,498,805.31 in the previous year[25] - The company’s weighted average return on equity was -1.80%, a decrease of 13.63% compared to the previous year[3] Investments and Acquisitions - The company completed the acquisition of 100% equity in Sunshine Hotel, which is now a wholly-owned subsidiary included in the 2021 consolidated financial statements[16] - The company plans to publicly transfer 51% equity in Zhaqana Ecological Company and 70% equity in Zhaqana Health Industry Company, with a minimum transfer price of RMB 91,040,300[18] - The company provided full guarantee for a project loan of RMB 560 million for its subsidiary, Zhaqana Ecological Company, with a current loan amount of RMB 200 million already in place[17] - The company signed a monetary compensation agreement for property acquisition amounting to RMB 24 million, with an initial payment of RMB 8 million received[14] - The company is in the process of publicly transferring its original office premises and auxiliary assets, which is progressing smoothly[15] Inventory and Receivables - The company reported a significant increase in accounts receivable, which rose by ¥17,729,800.00, a 95.00% increase, primarily due to the growth in the trading and travel agency sectors[7] - The company reported an increase in inventory to RMB 121,178,048.95 from RMB 81,662,182.87, reflecting a growth of approximately 48.4%[21] Other Financial Metrics - The company experienced a 94.14% decrease in investment income, amounting to a loss of ¥15,337,040.00, due to the previous year's gain from a subsidiary's equity transfer[10] - The basic and diluted earnings per share for the third quarter were both -CNY 0.1425, compared to CNY 0.3724 in the same period last year[26] - The company has adopted new leasing standards starting January 1, 2021, which resulted in adjustments to the financial statements[32] - The company reported a cash inflow from minority shareholders' investments of 11,000,000.00 CNY during the period[30] - The company did not conduct an audit for the third quarter report[37]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥251,313,849.64, representing a 138.73% increase compared to ¥105,272,589.88 in the same period last year[20]. - The net profit attributable to shareholders was a loss of ¥17,997,399.78, which is a 4.51% improvement from a loss of ¥18,847,191.55 in the previous year[20]. - The net cash flow from operating activities was -¥114,665,011.82, showing a slight improvement of 1.62% compared to -¥116,547,474.06 in the same period last year[20]. - The company reported a total of ¥9,479,660.22 in non-recurring gains and losses during the reporting period[25]. - The hotel segment generated revenue of ¥29,633,141.28, a significant increase of 186.80% from ¥10,332,494.77 in the same period last year[37]. - The trade segment saw revenue growth of 217.10%, reaching ¥141,088,787.23 compared to ¥44,493,171.36 in the previous year[37]. - The company reported a net profit of ¥147,773.04 from its subsidiary Xi'an Xili New Guanghua Hotel, with total assets of ¥6,948,549.85[50]. - Xi'an Overseas Tourism Co., Ltd. reported a net loss of ¥946,966.60, with total assets of ¥23,838,856.69[50]. - The subsidiary Xi'an Zhonglv International Travel Agency had a net loss of ¥747,915.07, with total assets of ¥18,861,367.78[50]. - The company reported a net profit for the first half of 2021 was a loss of CNY 16,801,576.51, an improvement from a loss of CNY 19,483,674.63 in the same period of 2020[126]. - The total comprehensive income for the first half of 2021 was a loss of CNY 17,130,224.68, compared to a loss of CNY 19,474,900.99 in the same period last year[127]. Assets and Liabilities - Total assets increased by 40.71% to ¥1,865,418,955.42 from ¥1,325,718,425.36 at the end of the previous year[20]. - The net asset attributable to shareholders decreased by 2.34% to ¥870,660,430.72 from ¥891,498,805.31 at the end of the previous year[20]. - Total current assets increased to 873,199,801.51 RMB from 618,528,169.28 RMB year-over-year, representing an increase of approximately 41.2%[118]. - Total liabilities as of June 30, 2021, were CNY 555,048,657.96, compared to CNY 387,986,292.61 at the end of 2020, marking an increase of about 43.0%[124]. - Short-term borrowings rose to ¥410,522,220.35, which is 22.01% of total assets, an increase of 3.25% due to new bank loans[42]. - Long-term borrowings reached ¥200,000,000.00, representing 10.72% of total assets, attributed to new bank loans from subsidiaries[42]. - The company’s total liabilities to equity ratio as of June 30, 2021, was approximately 0.62, indicating a higher leverage compared to the previous year[124]. Business Strategy and Operations - The company plans to expand its traditional business by introducing new tourism projects and has signed strategic cooperation agreements with multiple scenic spots[28]. - The company has focused on enhancing its educational travel business and launched customized products to commemorate the centenary of the Communist Party of China[28]. - The company has engaged in various conference activities, including hosting events for the Chinese Medical Association and other organizations[28]. - The company plans to leverage its supply chain management and educational operations to create new growth points and stabilize investment returns[30]. - The company is preparing for the upcoming National Games in Xi'an, which may impact its operations and tourism activities[57]. - The company is focusing on hotel upgrades, brand expansion, and homestay development to enhance its hotel cluster, with five brands in the "Wanao" series having completed initial AI designs[58]. - The company plans to continue expanding its brand influence in surrounding destination resources through its travel agencies and related enterprises[58]. Financial Management - The company has entrusted CNY 24,000,000 in financial management, with all funds currently not overdue[90]. - The company has engaged in high-risk financial management, with a total of CNY 15,000,000 in trust products at a 10.00% interest rate, yielding CNY 1,500,000 in expected income[92]. - The company has also entered into a loan agreement for CNY 9,000,000 with an 8.00% interest rate, with expected income of CNY 309,700[92]. - The company has not reported any overdue amounts for its entrusted financial management activities[90]. - The company has provided guarantees for its subsidiaries without any related party guarantees during the reporting period[88]. - The total guarantee amount approved for subsidiaries during the reporting period was CNY 56,000,000, with an actual guarantee amount of CNY 20,000,000[88]. Shareholder Information - The company reported a total of 236,747,901 shares outstanding, with 99.43% being unrestricted shares[102]. - The largest shareholder, Xi'an Tourism Group Co., Ltd., holds 27.29% of shares, totaling 64,602,145 shares[104]. - The second largest shareholder, Panjing Equity Investment Fund Management (Shanghai) Co., Ltd., holds 5.01% of shares, totaling 11,850,028 shares[104]. - Total number of common shareholders at the end of the reporting period is 49,868[104]. Compliance and Governance - The financial report for the half-year period was not audited[115]. - The company has not experienced any changes in its board of directors or senior management during the reporting period[62]. - The company adheres to the accounting standards for enterprises, ensuring the financial statements reflect a true and complete picture of its financial status[163]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations[162]. Environmental and Social Responsibility - The company is committed to environmental protection policies and does not belong to key pollutant discharge units[67].

Revenue and Profitability - Revenue for Q1 2021 reached ¥76,000,053.57, an increase of 103.59% compared to ¥37,329,708.88 in the same period last year[7] - Net profit attributable to shareholders was -¥14,016,263.41, a decline of 18.43% from -¥11,834,909.41 year-on-year[7] - The company reported a basic earnings per share of -¥0.0592, a decrease of 18.40% from -¥0.0500 in the previous year[7] - The total comprehensive income for the period was CNY -14,809,342.50, compared to CNY -12,473,146.97 in the previous period[51] - Net profit for Q1 2021 was a loss of CNY 14,809,342.50, compared to a loss of CNY 12,201,787.25 in Q1 2020[47] Cash Flow and Liquidity - Net cash flow from operating activities was -¥90,419,256.69, showing an improvement of 5.49% compared to -¥95,668,916.73 in the previous year[7] - Operating cash inflow for Q1 2021 was CNY 24,356,933.69, up from CNY 18,629,780.39 in Q1 2020, representing a 30% increase[57] - Cash inflow from financing activities increased to CNY 150,000,000.00, up from CNY 100,000,000.00, a 50% increase year-over-year[59] - Cash and cash equivalents decreased to CNY 295,883,419.97 from CNY 313,580,499.26, representing a decline of approximately 5.7%[36] - The ending cash and cash equivalents balance was CNY 261,444,393.78, compared to CNY 199,053,234.42 at the end of Q1 2020, an increase of 31%[59] Assets and Liabilities - Total assets increased by 6.64% to ¥1,413,696,926.26 from ¥1,325,718,425.36 at the end of the previous year[7] - Total liabilities reached CNY 534,214,608.72, up from CNY 432,426,765.32, which is an increase of about 23.5%[38] - The company's current assets totaled CNY 629,451,025.00 as of March 31, 2021, compared to CNY 618,528,169.28 at the end of 2020, indicating a slight increase of about 1.5%[36] - Total liabilities as of March 31, 2021, were CNY 485,969,243.06, compared to CNY 387,986,292.61 at the end of 2020[43] - Total assets amounted to CNY 1,300,047,619.16, a decrease from CNY 1,331,490,381.10, reflecting a change of CNY 33,343,561.94[66] Operational Performance - Operating revenue increased by CNY 38.67 million, a growth of 103.59%, primarily due to recovery from the impact of the pandemic in the previous year[14] - Operating costs increased by CNY 29.97 million, a growth of 80.82%, in line with the increase in operating revenue[17] - Sales expenses increased by CNY 7.79 million, a growth of 108.80%, attributed to the expansion of the hotel segment[17] - Management expenses increased by CNY 2.49 million, a growth of 32.23%, also due to the expansion of the hotel segment[17] - The company incurred sales expenses of CNY 8,322,696.26, up from CNY 4,199,510.79 in the previous period[50] Changes in Accounts - Accounts receivable increased by ¥7,523,800, a growth of 40.31%, primarily due to increased receivables in the travel agency segment[15] - Accounts payable increased by CNY 12.08 million, a growth of 58.39%, mainly due to the increase in accounts payable in the travel agency segment[16] - Other payables decreased by CNY 29.06 million, a decline of 31.87%, mainly due to reductions in other payables in the travel and hotel segments[16] - Contract liabilities decreased by CNY 4.33 million, a decline of 43.91%, primarily due to a reduction in contract liabilities in the travel agency segment[16] - Inventory increased significantly to CNY 12,678,547.88 from CNY 2,557,203.70 year-on-year[40] Equity and Investments - The company's total equity remained stable at CNY 879,482,317.54 as of March 31, 2021, unchanged from the previous reporting period[38] - The company's total equity attributable to shareholders was CNY 905,552,916.45, down from CNY 912,061,326.55 at the end of 2020[43] - Long-term equity investments rose to CNY 216,530,044.84 from CNY 178,659,044.84 year-on-year[42] - The company reported investment income of CNY 3,698,630.14, down from CNY 4,916,200.06 in the previous period[50] Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[30] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[31] - The first quarter report was not audited, indicating preliminary financial results[68] - The company’s chairman, Wang Wei, presented the report on April 23, 2021, indicating ongoing leadership engagement[69]