Group 1 - The core point of the news is that Xi'an Catering Co., Ltd. experienced a stock price increase of 5.15%, reaching 9.40 CNY per share, with a trading volume of 289 million CNY and a turnover rate of 6.17%, resulting in a total market capitalization of 5.395 billion CNY [1] - Xi'an Catering was established on December 31, 1996, and listed on April 30, 1997. The company operates in various sectors including catering, hotels, entertainment, tourism services, construction and renovation, refrigeration equipment, culinary training, technical consulting, and labor technical output [1] - The main revenue composition of Xi'an Catering includes 64.30% from catering services, 23.51% from other income, 5.60% from supplementary sources, 5.00% from merchandise sales, and 1.59% from room revenue [1] Group 2 - The top circulating shareholder of Xi'an Catering is the Fuquan Fund, which increased its holdings in the Fuquan CSI Tourism Theme ETF (159766) by 1.0031 million shares, bringing the total to 2.7994 million shares, representing 0.55% of the circulating shares [2] - The Fuquan CSI Tourism Theme ETF was established on July 15, 2021, with a current scale of 4.927 billion CNY. Year-to-date returns are 6.75%, ranking 3932 out of 4216 in its category, while the one-year return is 0.05%, ranking 3614 out of 3917 [2] - The fund manager of the Fuquan CSI Tourism Theme ETF is Cao Ludi, who has been in the position for 5 years and 176 days, managing a total fund size of 21.209 billion CNY, with the best return during his tenure being 124.03% and the worst being -44.98% [3]

Group 1 - The hotel and catering sector increased by 0.97% on November 7, with Quan Jud leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] - Key stocks in the hotel and catering sector showed varied performance, with Quan Jud closing at 12.83, up 6.03% [1] Group 2 - The net inflow of main funds in the hotel and catering sector was 84.22 million yuan, while retail investors saw a net outflow of 86.10 million yuan [1] - Quan Jud had a main fund net inflow of 48.15 million yuan, accounting for 9.57% of the total [2] - Xi'an Catering reported a main fund net inflow of 29.77 million yuan, representing 8.63% of the total [2]

Core Insights - The hotel and catering sector experienced a rise of 1.83% on November 5, with *ST Yunwang leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Sector Performance - The following companies showed notable performance: - *ST Yunwang: Closed at 2.04, up 5.15%, with a trading volume of 712,200 shares and a turnover of 144 million yuan [1] - Shoulv Hotel: Closed at 14.80, up 2.64%, with a trading volume of 164,300 shares and a turnover of 24.2 million yuan [1] - Huatian Hotel: Closed at 3.38, up 1.81%, with a trading volume of 241,100 shares and a turnover of 81.3 million yuan [1] - Jinjiang Hotel: Closed at 23.34, up 1.66%, with a trading volume of 118,800 shares and a turnover of 276 million yuan [1] - Junxi Hotel: Closed at 21.96, up 1.39%, with a trading volume of 91,200 shares and a turnover of 203 million yuan [1] Capital Flow - The hotel and catering sector saw a net inflow of 7.03 million yuan from institutional investors, while retail investors contributed a net inflow of 6.04 million yuan [1] - Notable capital flows for specific companies include: - Junxi Hotel: Net inflow of 18.90 million yuan from institutional investors, but a net outflow of 26.04 million yuan from retail investors [2] - Shoulv Hotel: Net inflow of 7.34 million yuan from institutional investors, with a net outflow of 2.94 million yuan from retail investors [2] - *ST Yunwang: Net inflow of 5.40 million yuan from institutional investors, with a net outflow of 0.77 million yuan from retail investors [2]

Core Insights - The hotel and catering sector experienced a 1.0% increase on November 3, with *ST Yunwang leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Sector Performance - The following table summarizes the performance of key stocks in the hotel and catering sector: | Code | Name | Closing Price | Change (%) | Volume (10,000) | Turnover (Million) | |--------|--------------|---------------|------------|------------------|---------------------| | 002306 | *ST Yunwang | 1.93 | 3.21% | 45.20 | 87.83 | | 600754 | Jinjiang Hotel| 23.06 | 2.44% | 18.16 | 414.00 | | 000721 | Xi'an Catering| 8.75 | 1.86% | 13.84 | 120.00 | | 000428 | Huaten Hotel | 3.31 | 1.53% | 20.52 | 67.77 | | 002186 | Quanjude | 11.60 | 0.78% | 4.96 | 57.26 | | 301073 | Junxi Hotel | 21.61 | 0.56% | 2.90 | 62.48 | | 601007 | Jinling Hotel | 7.45 | -0.13% | 7.33 | 54.66 | | 600258 | Shoulv Hotel | 14.46 | -0.48% | 9.53 | 138.00 | | 605108 | Tongqinglou | 18.78 | -0.69% | 1.88 | 35.35 | [1] Capital Flow - The hotel and catering sector saw a net inflow of 5.90 million yuan from main funds, while retail investors experienced a net outflow of 55.97 million yuan [1] - The following table details the capital flow for key stocks: | Code | Name | Main Net Inflow (Million) | Main Net Ratio (%) | Speculative Net Inflow (Million) | Speculative Net Ratio (%) | Retail Net Inflow (Million) | Retail Net Ratio (%) | |--------|--------------|---------------------------|---------------------|----------------------------------|---------------------------|-----------------------------|-----------------------| | 600754 | Jinjiang Hotel| 15.99 | 4.85 | 1.53 | 0.46 | -17.51 | -5.31 | | 600258 | Shoulv Hotel | 6.32 | 5.53 | 4.25 | 3.72 | -10.57 | -9.25 | | 002306 | *ST Yunwang | 4.97 | 6.44 | -0.49 | -0.63 | -4.48 | -5.81 | | 000721 | Xi'an Catering | 1.28 | 1.75 | 0.28 | 0.38 | -1.56 | -2.13 | | 002186 | Quanjude | -1.83 | -3.74 | -0.20 | -0.42 | 2.03 | 4.16 | | 301073 | Junxi Hotel | -2.41 | -4.62 | -1.75 | -3.35 | 4.16 | 7.97 | | 605108 | Tongqinglou | -4.92 | -16.21 | -1.22 | -4.01 | 6.13 | 20.22 | | 000428 | Huaten Hotel | -5.30 | -9.07 | -1.37 | -2.35 | 6.67 | 11.42 | | 601007 | Jinling Hotel | -8.20 | -18.79 | -1.33 | -3.05 | 9.53 | 21.84 | [2]

Market Overview - The hotel and catering sector experienced a decline of 0.78% on October 28, with *ST Yunwang leading the drop [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] Individual Stock Performance - Tongqinglou (605108) saw a closing price of 19.39, with an increase of 1.09% and a trading volume of 20,700 hands, totaling a transaction value of 40.17 million yuan [1] - Quanjude (002186) closed at 11.51, down 0.26%, with a trading volume of 48,400 hands and a transaction value of 55.76 million yuan [1] - Huatian Hotel (000428) closed at 3.25, down 0.31%, with a trading volume of 151,100 hands and a transaction value of 49.14 million yuan [1] - JInling Hotel (601007) closed at 7.41, down 0.40%, with a trading volume of 50,800 hands and a transaction value of 37.75 million yuan [1] - Xianyinshi (000721) closed at 8.61, down 0.69%, with a trading volume of 116,200 hands and a transaction value of 100 million yuan [1] - Shoulu Hotel (600258) closed at 14.23, down 0.77%, with a trading volume of 59,300 hands and a transaction value of 84.48 million yuan [1] - Junxi Hotel (301073) closed at 21.43, down 1.15%, with a trading volume of 25,200 hands and a transaction value of 54.35 million yuan [1] - Jinjiang Hotel (600754) closed at 21.94, down 1.17%, with a trading volume of 73,700 hands and a transaction value of 163 million yuan [1] - *ST Yunwang (002306) closed at 1.86, down 2.62%, with a trading volume of 631,700 hands and a transaction value of 11.7 million yuan [1] Capital Flow Analysis - The hotel and catering sector saw a net outflow of 30.43 million yuan from main funds, while retail investors contributed a net inflow of 43.45 million yuan [1] - The capital flow for individual stocks indicates that *ST Yunwang had a main fund net inflow of 2.82 million yuan, while retail investors contributed a net inflow of 2.81 million yuan [2] - Shoulu Hotel had a main fund net inflow of 2.71 million yuan, but retail investors had a net outflow of 5.99 million yuan [2] - Tongqinglou experienced a main fund net inflow of 1.63 million yuan, while retail investors had a net outflow of 1.87 million yuan [2] - Xianyinshi faced a significant main fund net outflow of 16.41 million yuan, but retail investors had a net inflow of 12.92 million yuan [2]

Market Overview - The hotel and catering sector increased by 0.07% on October 27, with Quan Juding leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Stock Performance - Key stocks in the hotel and catering sector showed varied performance: - Quan Juding (002186) closed at 11.54, up 0.61% with a trading volume of 62,200 shares and a turnover of 71.56 million yuan [1] - Jinling Hotel (601007) closed at 7.44, up 0.54% with a trading volume of 68,400 shares and a turnover of 50.76 million yuan [1] - Shoulv Hotel (600258) closed at 14.34, up 0.28% with a trading volume of 98,200 shares and a turnover of 140 million yuan [1] - Other notable performances include: - Jinjia Hotel (600754) at 22.20, up 0.23% [1] - Junting Hotel (301073) at 21.68, up 0.14% [1] - Xianyin Food (000721) at 8.67, down 0.23% [1] - ST Yunwang (002306) at 1.91, down 4.98% [1] Capital Flow - The hotel and catering sector experienced a net outflow of 16.73 million yuan from institutional funds and 13.68 million yuan from speculative funds, while retail investors saw a net inflow of 30.41 million yuan [1] - Detailed capital flow for key stocks includes: - Quan Juding had a net inflow of 5.98 million yuan from institutional funds, but a net outflow of 4.32 million yuan from speculative funds [2] - Jinling Hotel saw a net inflow of 1.15 million yuan from institutional funds, with a net outflow of 0.99 million yuan from speculative funds [2] - ST Yunwang had a significant net outflow of 3.95 million yuan from institutional funds, but a net inflow of 1.18 million yuan from speculative funds [2] - Junting Hotel experienced a net outflow of 7.33 million yuan from institutional funds, with a notable net inflow of 16.18 million yuan from retail investors [2]

Core Viewpoint - The company emphasizes the accuracy and completeness of its quarterly financial report, ensuring no false records or misleading statements are present [2][3]. Financial Data Summary - The third-quarter financial report has not been audited [6]. - The company confirms that there are no adjustments or restatements needed for previous accounting data [3]. - There are no non-recurring profit and loss items applicable for the current reporting period [3]. Shareholder Information - The report includes details on the total number of common shareholders and the top ten shareholders' holdings [4][5]. - There are no changes in the top ten shareholders due to securities lending activities [5]. Other Important Matters - The company has not identified any other significant matters that require disclosure [5].

Group 1 - Company Xian Yinshi reported a revenue of approximately 432 million yuan for the first three quarters of 2025, representing a year-on-year decrease of 15.7% [1] - The net profit attributable to shareholders of the listed company was a loss of approximately 84.72 million yuan [1] - The basic earnings per share showed a loss of 0.1476 yuan [1] Group 2 - As of the report date, the market capitalization of Xian Yinshi is 5 billion yuan [2]

Financial Performance - The company's operating revenue for Q3 2025 was ¥125,056,396.30, a decrease of 23.43% compared to the same period last year[7] - The net profit attributable to shareholders was -¥30,557,780.24, reflecting a decline of 5.43% year-on-year[7] - Total operating revenue for the current period is ¥431,625,076.88, a decrease of 15.6% compared to ¥512,027,839.18 in the previous period[21] - Net profit for the current period is -¥86,198,969.33, an improvement from -¥89,941,605.13 in the previous period, indicating a reduction in losses[23] - The company reported a total comprehensive loss of -¥86,198,969.33, compared to -¥89,941,605.13 in the previous period, reflecting a reduction in overall losses[23] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥21,219,547.34, down 64.80% compared to the previous year[7] - Cash flow from operating activities generated a net amount of ¥21,219,547.34, down from ¥60,286,245.60 in the previous period, showing a decline of 64.8%[25] - Cash flow from investing activities resulted in a net outflow of -¥16,995,344.10, compared to -¥30,854,090.56 in the previous period, indicating a smaller loss[27] - Cash flow from financing activities showed a net outflow of -¥51,166,910.11, worsening from -¥19,905,121.84 in the previous period[27] - The ending cash and cash equivalents balance decreased to ¥41,478,220.62 from ¥67,694,813.28, a decline of 38.7%[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,263,052,404.65, a decrease of 9.55% from the end of the previous year[7] - Current assets decreased from CNY 216,117,333.55 to CNY 164,856,330.16, a reduction of about 23.7%[19] - Cash and cash equivalents dropped significantly from CNY 91,712,537.99 to CNY 45,476,335.30, a decrease of approximately 50.5%[19] - Total liabilities decreased from CNY 1,089,986,452.33 to CNY 1,042,814,711.02, reflecting a decline of about 4.3%[20] - The company's total equity decreased from CNY 306,436,662.96 to CNY 220,237,693.63, a drop of approximately 28.1%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 93,535[13] - Basic and diluted earnings per share were both -¥0.0532, a decrease of 5.35% year-on-year[7] - Basic and diluted earnings per share for the current period are both -¥0.1476, slightly improved from -¥0.1544 in the previous period[23] Impairment and Losses - The company reported a significant increase in credit impairment losses, which rose by 79.07% year-on-year to ¥745,000.51[12] - The company reported a negative retained earnings of CNY -705,374,348.10, worsening from CNY -620,649,660.46 at the beginning of the period[20] Inventory and Receivables - Accounts receivable increased from CNY 50,294,499.98 to CNY 51,259,757.09, an increase of approximately 1.9%[19] - Inventory decreased from CNY 47,939,966.22 to CNY 39,560,110.07, a decline of about 17.5%[19] Audit Status - The company has not undergone an audit for the third quarter financial report[28] Product Development - The company has not reported any new product developments or market expansion strategies in the provided documents[18][19][20]

Market Overview - The hotel and catering sector increased by 0.57% on October 23, with Huatai Hotel leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Stock Performance - Huatai Hotel (000428) closed at 3.33, rising by 1.22% with a trading volume of 231,500 shares and a turnover of over 76.54 million yuan [1] - Other notable stocks include: - ST Yunwang (002306) at 1.91, up 1.06% [1] - Jinling Hotel (601007) at 7.49, up 0.94% [1] - Tongqinglou (605108) at 19.31, up 0.89% [1] - Quanjude (002186) at 11.63, up 0.78% [1] - Shoulv Hotel (600258) at 14.41, up 0.70% [1] - Xian Yinshi (000721) at 8.79, up 0.57% [1] - Junting Hotel (301073) at 21.95, up 0.50% [1] - Jinjiang Hotel (600754) at 22.26, up 0.18% [1] Capital Flow Analysis - The hotel and catering sector experienced a net outflow of 32.87 million yuan from institutional investors, while retail investors saw a net inflow of 48.60 million yuan [1] - Detailed capital flow for key stocks includes: - Huatai Hotel: Net inflow of 5.49 million yuan from institutional investors, with a net outflow of 8.04 million yuan from retail investors [2] - Shoulv Hotel: Net inflow of 2.71 million yuan from institutional investors, with a net outflow of 10.32 million yuan from retail investors [2] - Quanjude: Minor net outflow of 0.017 million yuan from institutional investors, with a net inflow of 6.13 million yuan from retail investors [2] - Jinling Hotel: Significant net outflow of 9.81 million yuan from institutional investors, with a net inflow of 7.59 million yuan from retail investors [2] - Jinjiang Hotel: Net outflow of 11.68 million yuan from institutional investors, with a net inflow of 10.26 million yuan from retail investors [2]