[Current Period Performance Forecast](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) The company anticipates a loss for the first half of 2025, with net profit attributable to shareholders projected to be a loss of 129 million to 194 million yuan, a significant shift from a profit of 48.5087 million yuan in the same period last year Performance Forecast Summary | Item | Current Reporting Period (Jan 1 - Jun 30, 2025) | Prior Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders (Yuan)** | Loss: 129 million - 194 million | Profit: 48.5087 million | | **Net Profit After Non-Recurring Gains/Losses (Yuan)** | Loss: 131 million - 197 million | Profit: 27.6178 million | | **Basic Earnings Per Share (Yuan)** | Loss: 0.02 - 0.03 | Profit: 0.01 | [Pre-Audit Status of Performance Forecast](index=1&type=section&id=II.%20Pre-Audit%20Status%20of%20Performance%20Forecast) The financial data in this performance forecast represents preliminary estimates by the company's finance department and has not undergone pre-audit by an auditing firm - The financial data in this performance forecast is a preliminary estimate by the company's finance department and is unaudited[4](index=4&type=chunk) [Explanation of Performance Change](index=1&type=section&id=III.%20Explanation%20of%20Performance%20Change) The primary reason for the shift from profit to loss is a significant decrease in revenue and gross profit recognized from real estate projects due to fewer deliverable projects in the current period compared to the prior year - The main reason for the performance decline is a decrease in real estate projects meeting delivery conditions in the current period, leading to a year-over-year decrease in recognized revenue and gross profit[5](index=5&type=chunk) [Risk Warning](index=1&type=section&id=IV.%20Risk%20Warning) The company warns that this forecast is a preliminary estimate, and final financial data may differ; investors should exercise caution and rely on the company's officially disclosed 2025 semi-annual report - The company explicitly states that this performance forecast is a preliminary estimate, and final results may differ, with specific data subject to the upcoming 2025 semi-annual report[6](index=6&type=chunk) - The company advises investors to make cautious decisions, be aware of investment risks, and disclaims responsibility for losses incurred from investment decisions based on this forecast[6](index=6&type=chunk)

Core Insights - In the first half of 2025, 55 listed companies in the cultural tourism sector were analyzed, with 31 experiencing an increase in market value and 24 seeing a decline [3][18] - The highest market value increases were recorded by Wanda Hotel Development at 173.65%, Feiyang Group at 140.7%, and Jinma Amusement at 92.68% [3][4] - Conversely, the largest declines were seen in Lujing Technology at -48.03%, Lingnan Holdings at -43.34%, and Yingxin Development at -26.03% [6][7] Market Value Changes - As of June 30, 2025, the total market value of Wanda Hotel Development was 2.699 billion, while Feiyang Group and Jinma Amusement had market values of 0.126 billion and 4.521 billion respectively [4][7] - Ctrip led the market with a total value of 274.37 billion, followed by China Duty Free at 124.57 billion and Huazhu at 74.53 billion [8][9] - The overall market value of the remaining 52 companies was 390 billion, indicating a significant concentration of value among the top three companies [8] Sector Performance - The cultural tourism sector showed a mixed performance, with scenic area companies generally performing well, such as Haichang Ocean Park with a 39.1% increase and Zhangjiajie with a 28.55% increase [12][13] - Hotel companies also showed varied results, with Huazhu leading at 745.31 billion, while Atour saw a 20.41% increase [14][15] - Online travel companies experienced declines, with Ctrip and Tuniu dropping by 14.94% and 17.79% respectively, while Tongcheng saw a modest increase of 6.08% [16][17] Company-Specific Developments - Wanda Hotel Development's significant increase in market value was attributed to the sale of its subsidiary Wanda Hotel Management for 2.5 billion, which is expected to improve its financial structure [6][7] - Lujing Technology's decline was linked to negative media coverage regarding its management capabilities in scenic area operations [7][8] - The overall performance of cultural tourism companies reflects ongoing operational pressures, with some companies like Fosun Tourism Culture delisting from the Hong Kong stock market [18][19]

Group 1 - The company Beijing Tongguan Yingxin Cultural Tourism Development Co., Ltd. has announced that its shareholder Hunan Xinhua Construction Engineering Co., Ltd. plans to reduce its shareholding through centralized bidding and block trading from June 27, 2025, to September 26, 2025 [1] - Hunan Xinhua has completed its share reduction plan, having sold shares at a price range of 1.6324 to 1.66 yuan per share, resulting in a total reduction of 49,198,492 shares, which is 0.84% of the company's total share capital [1] - After the reduction, Hunan Xinhua will hold a total of 420,201,923 shares, representing 7.16% of the company's total share capital, classifying it as a shareholder with more than 5% ownership [1] Group 2 - The reduction plan will not lead to a change in the company's control or significantly impact its governance structure and ongoing operations, as Hunan Xinhua is not the controlling shareholder or actual controller of the company [2] - The announcement complies with relevant regulations, including the Interim Measures for the Administration of Shareholders' Reduction of Shares and the Shenzhen Stock Exchange's rules [2]

股票代码：000620 股票简称：盈新发展 公告编号：2025-037 北京铜官盈新文化旅游发展股份有限公司（以下简称"公司"）于 2025 年 6 月 5 日在巨潮资讯网（http://www.cninfo.com.cn）披露了《关于股东减持计划的 预披露公告》（公告编号：2025-030）。公司股东湖南新华联建设工程有限公司（以 下简称"湖南华建"）拟于公告披露之日起十五个交易日后的三个月内（即 2025 年 6 月 27 日至 2025 年 9 月 26 日）通过集中竞价、大宗交易方式减持公司股份 9,839,700 股（占公司总股本的比例为 0.17%）。 公司于近日收到湖南华建出具的《关于减持股份计划实施完毕的告知函》， 获悉湖南华建本次减持计划已实施完毕，现将实施情况公告如下： 一、股东减持情况 1、股东减持股份情况 | 湖南新华联 | 集中竞价交 | 2025 | 年 | 6 月 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 建设工程有 | 易 | 30 | 日 | -2025 | 1.6324 | 元/股 ...

股票代码：000620 股票简称：盈新发展 公告编号：2025-036 北京铜官盈新文化旅游发展股份有限公司 关于开展股东回馈活动的自愿性信息披露公告 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。 一、活动方案 为答谢广大股东长期以来对北京铜官盈新文化旅游发展股份有限公司（以下 简称"公司"）的关心和支持，便于股东深入了解公司主营业务，并使公司旗下 景区得到更好的宣传与推广，公司将开展"盈新发展 2025 年度股东回馈活动"， 符合条件的公司股东有权以 0.99 元的特惠价格一次性购买公司旗下长沙铜官窑 国风乐园景区门票 3 张，以 99 元特惠价格购买公司旗下长沙铜官窑国风乐园景 区酒店住宿指定房型一间（指定房型为：大床房/双床房，景区内丽景酒店、瑞景 酒店及景区自营民宿均可使用，不包含绿心谷酒店），景区酒店住宿时间为 1 间 夜。上述两项活动可同时参加，也可选择一项参加。 二、参加活动股东范围 截至 2025 年 5 月 28 日（星期三）股票收盘在中国证券登记结算有限责任公 司深圳分公司登记在册的公司全体股东（2024 年年度股东会的股权登记日当天 在 ...

Group 1 - The company, Yingxin Development (000620), announced a shareholder reward activity for the year 2025 [1] - Eligible shareholders can purchase three tickets to the Changsha Tongguanyao Guofeng Theme Park at a special price of 0.99 yuan each [1] - Shareholders can also buy hotel accommodation in designated room types (king bed/twin bed) at a discounted price of 99 yuan [1] Group 2 - The activity will take place from July 1, 2025, to July 15, 2025 [1] - The validity period for the theme park tickets and hotel accommodation extends until December 31, 2025 [1]

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].

Core Viewpoint - The strategic renaming of the company to "盈新发展" (Winnovation) reflects its commitment to deepening its presence in the cultural tourism industry and signals a shift in its business strategy and core philosophy [1][2] Group 1: Strategic Focus - The company aims to leverage its platform advantages and resource integration to enhance its operations in cultural tourism, spatial ecological operations, and the integration of cultural, tourism, and medical sectors [1] - The company plans to capitalize on favorable conditions for mergers and acquisitions in the cultural tourism sector, focusing on low-cost expansion and acquiring quality projects [1] - The new name signifies a clearer business positioning and development direction for the company, aligning with national strategies and market trends [1] Group 2: Future Development Plans - The company is committed to a strategic framework of "real estate stabilization, cultural tourism cultivation, and technological expansion," aiming to build a collaborative ecosystem of "real estate—cultural tourism—technology" [1] - The company’s future development strategy is set to accelerate its transformation towards becoming a comprehensive cultural tourism operation group and a national strategic innovation platform operator [1][2] - The name change is expected to facilitate the company's strategic transition and upgrade towards its future development plan of "real estate + cultural tourism + technology" [2]

Group 1 - The company name has been changed from "Macrolink Culturaltainment Development Co., Ltd." to "Winnovation Culturaltainment Development Limited" effective June 25, 2025 [1][1][1] - The stock abbreviation will change from "MACROLINK" to "WINNOVATION" while the stock code "000620" remains unchanged [1][1][1] - The company held board meetings on May 19, 2025, and June 9, 2025, to approve the name change, which was subsequently disclosed in relevant announcements [1][1][1] Group 2 - The company has completed the registration procedures for the name change with the Market Supervision Administration of Tongzhou District, Beijing, and has obtained a new business license [1][1][1] - The company's main business operations will remain unchanged despite the name change [1][1][1] - The Shenzhen Stock Exchange has reviewed and approved the application for the name and abbreviation change without objections [1][1][1]

北京铜官盈新文化旅游发展 股份有限公司 章 程 （2025 年 6 月 9 日经公司 2024 年年度股东会审议通过） （2025 年 6 月） 第一章 总则 第一条 为维护公司、股东和债权人的合法权益，规范公司的组织和行为， 根据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》 （以下简称《证券法》）和其他有关规定，制订本章程。 第二条 公司系依照《公司法》、《证券法》和其他有关规定成立的股份有限 公司（以下简称"公司"）。 公司经黑龙江省经济体制改革委员会黑体改复[1993]231 号文《关于对牡丹 江石化集团公司规范为牡丹江石化集团股份有限公司的批复》批准，以募集方式 设立；在黑龙江省工商行政管理局注册登记，取得营业执照。 第三条 公司于 1996 年 10 月 11 日经中国证券监督管理委员会（以下简称 "中国证监会"）批准，增资向社会公众发行人民币 26,000,000 普通股。连同已 发行的社会公众 40,000,000 股经批准于 1996 年 10 月 29 日在深圳证券交易所 （以下简称"深交所"）上市。 第四条 公司注册名称： 中文名称：北京铜官盈新文化旅游发展股份 ...