三湘印象股份有限公司 2025 年半年度报告 2025 年 8 月 1 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报 告内容的真实、准确、完整，不存在虚假记载、误导性陈述或者重大 遗漏，并承担个别和连带的法律责任。 公司负责人许文智、主管会计工作负责人刘斌及会计机构负责人 (会计主管人员)赵彪声明：保证本半年度报告中财务报告的真实、准 确、完整。 除下列董事外，其他董事亲自出席了审议本次半年报的董事会会 议 | 未亲自出席董事 | 未亲自出席董事 | 未亲自出席会议 | 被委托人姓名 | | --- | --- | --- | --- | | 姓名 | 职务 | 原因 | | | 杨海燕 | 独立董事 | 因未取得联系未 | 无 | | | | 出席本次董事会 | | 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对 投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险认 识，并且应当理解计划、预测与承诺之间的差异，敬请投资者注意投 资风险。 公司已在本报告中描述公司未来经营可能面临的风险，敬请投资者 注意阅读。 公司计划不派发现金红利，不送红股，不以 ...

Group 1: Regional Competitive Landscape - The cultural tourism integration industry in China is predominantly concentrated in Guangdong, Anhui, Jiangsu, and Shanghai, with Guangdong having notable listed companies such as Overseas Chinese Town and Lingnan Holdings [1] Group 2: Brand Rankings - The "2024 China Cultural Tourism Group Brand Communication Power Top 100" list includes Ctrip Group, China Youth Travel Service, Haichang Ocean Park, China Duty Free Group, Qujiang Cultural Tourism, and Overseas Chinese Town Group in the top ten [4][6] Group 3: Market Share and Revenue - In 2024, the total revenue of listed companies in China's cultural tourism integration industry reached 351.306 billion yuan, with the top three companies being China Duty Free Group, Overseas Chinese Town, and Tongcheng Travel, collectively accounting for over 45% of the market [7] Group 4: Market Concentration - The market concentration in the cultural tourism integration industry is high, with the top ten companies accounting for 82.93% of the market share, CR3 at 46.73%, and CR5 at 66.89% [9] Group 5: Competitive Dynamics - The cultural tourism market is becoming increasingly competitive, with many companies entering the sector. Government policies are supporting the development of cultural tourism integration, indicating significant growth potential. The threat of new entrants is high, while the threat of substitutes is low. The bargaining power of suppliers is weak, and consumer bargaining power is also limited due to fixed pricing of products like tickets and accommodations [12]

Group 1 - Rongzhi Rixin expects a net profit increase of 2,027.62% to 2,179.59% for the first half of 2025, with projected profits between 14 million to 15 million yuan [1] - The significant profit growth is attributed to the acceleration of digital and intelligent transformation across industries, leading to increased revenue from sectors like wind power and petrochemicals [1] - The company has improved operational management efficiency, resulting in enhanced gross margins and overall profitability [1] Group 2 - Jinzhai Food plans to repurchase shares worth between 50 million to 100 million yuan, with a maximum repurchase price of 16 yuan per share [2] - The repurchase will be funded through self-owned funds and a special loan from China Merchants Bank, with a loan commitment of up to 90 million yuan [2] Group 3 - Zhongfu Information's chairman and general manager, Wei Dongxiao, has been detained, and the board has arranged for the deputy general manager to assume his responsibilities during this period [3][4] - The company states that this situation will not significantly impact its daily operations [4] Group 4 - Shenzhen Energy plans to invest approximately 789.703 million yuan in the construction of the Honghaiwan offshore wind power project, with a portion funded through financing [6] - The company will increase its capital in its subsidiary by 153.108 million yuan to support this project [6] Group 5 - *ST Zitian faces potential delisting due to failure to rectify false financial reporting as mandated by the China Securities Regulatory Commission [8] - The company has not disclosed corrected financial reports within the required timeframe, leading to a warning of delisting risk [8] Group 6 - Watson Bio has signed a strategic cooperation framework agreement with Yuxi State-owned Capital Operation Co., aiming to establish a long-term partnership in the vaccine and bioproducts industry [10] - The collaboration is expected to enhance innovation and business expansion in the vaccine sector [10] Group 7 - Weiming Environmental reported a total power generation of 226,162.29 million kWh in the first half of 2025, representing a year-on-year increase of 7.54% [12] - The company also recorded a total waste input of 689.32 million tons, with a growth of 8.71% compared to the previous year [12]

分组1 - Watson Bio signed a strategic cooperation framework agreement with Yuxi State-owned Capital Operation Company to establish a long-term partnership in the vaccine and bioproducts industry [1] - The cooperation aims to promote innovation in vaccines and synthetic biological manufacturing through various methods such as establishing equity investment funds and strategic investments [1] - Watson Bio was founded in January 2001 and focuses on the research, production, and sales of human vaccines and biotechnological drugs [2] 分组2 - Yuan Dong Bio announced a preliminary transfer price of 42.06 yuan per share for its stock, attracting 12 institutional investors with a total subscription of 540,000 shares, resulting in a subscription multiple of 1.60 times [3] - Yuan Dong Bio was established in June 2009 and specializes in the research, production, and sales of chemical raw materials, high-end chemical drugs, and biological drugs [3] 分组3 - Weiming Environmental reported a total power generation of 2.262 billion kWh in the first half of the year, representing a year-on-year increase of 7.54% [4] - The company also achieved a total online power generation of 1.863 billion kWh, with an average online electricity price of 0.569 yuan per kWh [4] - Weiming Environmental was founded in December 2001 and focuses on low-carbon environmental technology, products, and services [5] 分组4 - Qidi Design won a bid for the Henan Airport Intelligent Computing Center project with a total bid amount of 860 million yuan [6] - The project includes construction, maintenance, and operation of a computing cluster, with a construction period of 150 calendar days [6] - Qidi Design was established in March 1988 and specializes in design consulting, construction engineering, and new energy projects [7] 分组5 - Tiantan Bio's subsidiary received approval for a production site change for its product "Recombinant Human Coagulation Factor VIII" used in treating hemophilia A [8] - The new production site is located in Chengdu, Sichuan Province [8] - Tiantan Bio was founded in June 1998 and focuses on blood products using human plasma and recombinant technology [9] 分组6 - East China Pharmaceutical's HDM1002 tablet clinical trial application was approved by the FDA, aimed at weight management for overweight or obese individuals [10] - The company also received approval for a new drug abbreviated application for injectable cabozantinib, enhancing its product pipeline in the anti-infection field [10] - East China Pharmaceutical was established in March 1993 and specializes in drug research, production, and sales [10] 分组7 - Jinlong Co. plans to acquire a 29.32% stake in Shenzhen Benmao Technology Co., Ltd. [11] - Jinlong Co. was founded in April 1997 and focuses on securities company operations [11] 分组8 - Hasi Lian's injectable diltiazem hydrochloride passed the consistency evaluation by the National Medical Products Administration [12] - The drug is primarily used for treating cardiovascular diseases [12] - Hasi Lian was established in June 1996 and specializes in the research, production, and sales of chemical drug formulations [13] 分组9 - Matrix Co. reported new signed orders of 272 million yuan in the second quarter, with a total of 677 million yuan in signed but uncompleted orders [14] - Matrix Co. was founded in March 2010 and focuses on space design and soft decoration [15] 分组10 - Nanshan Aluminum plans to use up to 1 billion yuan of idle funds for low-risk financial investments [16] - Nanshan Aluminum was established in March 1993 and specializes in the development, production, processing, and sales of aluminum and aluminum alloy products [17] 分组11 - Danhua Technology received a warning letter for failing to timely disclose related party transactions [18][19] - Danhua Technology was founded in February 1994 and focuses on the production and sales of coal chemical products [20] 分组12 - Jinkong Coal Industry announced a cash dividend of 0.755 yuan per share based on a total share capital of 1.674 billion shares [21] - Jinkong Coal Industry was established in July 2001 and specializes in coal production and sales [21] 分组13 - Blue Sky Gas announced that shareholders and the secretary of the board plan to reduce their holdings by a total of 2.61 million shares [22] - Blue Sky Gas was founded in December 2002 and focuses on pipeline natural gas and urban gas services [23] 分组14 - Huagong Technology received approval for the issuance of 2 billion yuan in short-term financing bonds and medium-term notes [24] - Huagong Technology was established in July 1999 and specializes in intelligent manufacturing equipment and related technologies [25] 分组15 - Chengjian Development completed the issuance of 500 million yuan in medium-term notes with a coupon rate of 2.05% [26] - Chengjian Development was founded in December 1998 and focuses on real estate development and investment [27] 分组16 - Feilong Co. reported a net profit of 210 million yuan in the first half of the year, a year-on-year increase of 14.49% [28] - The company achieved a total revenue of 2.162 billion yuan, a year-on-year decrease of 8.67% [28] - Feilong Co. was established in January 2011 and specializes in manufacturing thermal management components for automotive and civil applications [29] 分组17 - Guanghe Technology plans to invest 30 million yuan to establish a new venture capital fund focusing on emerging industries [30] - Guanghe Technology was founded in June 2002 and specializes in the research, production, and sales of multi-layer printed circuit boards [31] 分组18 - Dongnan Network won a bid for the EPC project of Qianjiang Century City Intelligent Comprehensive Science and Technology Park with a total bid amount of 1.183 billion yuan [32] - The project has a total construction area of 273,600 square meters and a planned total investment of 3.956 billion yuan [32] - Dongnan Network was established in December 2001 and focuses on steel structures and new energy [33] 分组19 - Guangdian Measurement plans to raise no more than 1.3 billion yuan through a private placement [34] - The funds will be used for various projects including testing platforms and upgrading laboratories [34] - Guangdian Measurement was founded in May 2002 and specializes in measurement services and technical services [35] 分组20 - Wanma Co. plans to invest in a project to produce 350,000 tons of environmentally friendly polymer materials [36] - The total investment for the project is approximately 1.245 billion yuan, with a construction period from 2025 to 2030 [36] - Wanma Co. was established in December 1996 and focuses on the research, production, and sales of wires, cables, and charging equipment [37] 分组21 - Dingxin Communications plans to sell its subsidiary Haina Smart for 240 million yuan [38] - Dingxin Communications was founded in March 2008 and specializes in low-voltage power line carrier communication products [39] 分组22 - Jiayun Technology plans to transfer its wholly-owned subsidiary Jinyuan Interactive for 10 million yuan [40] - Jiayun Technology was established in May 2002 and focuses on internet marketing services [41] 分组23 - Guangsheng Nonferrous plans to publicly transfer a 3% stake in Guangdong Pearl River Rare Earth Co., Ltd. [42] - The transfer price is not less than 5.9764 million yuan, aimed at clearing unrelated assets [42] - Guangsheng Nonferrous was founded in June 1993 and specializes in rare earth mining and processing [43] 分组24 - Zhongwei Semiconductor plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange [44] - Zhongwei Semiconductor was established in June 2001 and focuses on the research, design, and sales of digital and analog chips [45] 分组25 - Zhongrong Co. announced that its chairman and general manager has been released from custody and is resuming normal duties [46] - Zhongrong Co. was founded in April 1990 and specializes in the research, design, production, and sales of paper packaging products [47] 分组26 - Jiangling Motors reported a net profit of 733 million yuan in the first half of the year, a year-on-year decrease of 18.17% [48] - The company achieved total revenue of 18.092 billion yuan, a year-on-year increase of 0.96% [48] - Jiangling Motors was established in January 1997 and focuses on the production and sales of commercial vehicles and related parts [49] 分组27 - Glodon plans to reduce its holdings by up to 2.08% of the company's shares [50] - Glodon was founded in August 1998 and specializes in digital construction platform services [51] 分组28 - Olin Bio's controlling shareholder plans to reduce its holdings by up to 3% of the company's shares [52] - Olin Bio was established in December 2009 and focuses on the research, production, and sales of human vaccines [53] 分组29 - Tianrun Industrial plans to acquire 100% of Shandong Altai's shares for 135 million yuan [54] - The acquisition aims to enhance the company's capabilities in lightweight automotive components [54] - Tianrun Industrial was founded in December 1995 and specializes in the production of crankshafts and connecting rods [55] 分组30 - Goer Technology plans to acquire Mega Precision Technology and Channel Well Industrial for approximately 10.4 billion HKD [56] - The acquisition aims to enhance Goer Technology's capabilities in precision components and smart hardware [56] - Goer Technology was established in June 2001 and focuses on precision components and intelligent acoustic products [57]

证券代码：000863 证券简称：三湘印象 公告编号：2025-027 三湘印象股份有限公司 关于终止 2023 年度向特定对象发行股票事项的公告 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、本次向特定对象发行股票事项的基本情况 三湘印象股份有限公司（以下简称"公司"或"本公司"）于 2023 年 11 月 16 日召开公司第八届董事会第十六次（临时）会议、第八届监事会第十四次（临 时）会议审议通过了《关于终止 2022 年度向特定对象发行股票及筹划 2023 年度 向特定对象发行股票事项的议案》及相关议案，公司 2023 年度向特定对象发行 股票方案尚未提交股东大会审议。相关内容详见公司于 2023 年 11 月 18 日在巨 潮资讯网（www.cninfo.com.cn）披露的《关于终止 2022 年度向特定对象发行股 票及筹划 2023 年度向特定对象发行股票事项的公告》（公告编号：2023-071） 及相关公告。 （一）董事会意见 公司于 2025 年 7 月 23 日召开了公司第八届董事会第二十四次（临时）会议 审议通过了《关于终止 2023 ...

一、关于终止 2023 年度向特定对象发行股票事项的审核意见 经审核，鉴于控制权变更及相关交易终止，我们同意公司终止 2023 年度向 特定对象发行股票事项，同意将该议案提交公司董事会审议。 独立董事：王建平、阮继涌 2025 年 7 月 24 日 三湘印象股份有限公司独立董事 第八届独立董事第五次专门会议审核意见 三湘印象股份有限公司（以下简称"公司"）于 2025 年 7 月 18 日召开了第 八届独立董事第五次专门会议，本次会议应出席独立董事 3 名，实际出席独立董 事 2 名，独立董事杨海燕女士因未取得联系未出席本次会议。根据《上市公司独 立董事管理办法》《深圳证券交易所股票上市规则》及《公司章程》等相关规定， 我们作为公司独立董事，基于实事求是、独立判断的立场，对公司第八届董事会 第二十四次（临时）会议相关事项发表审核意见如下： ...

关于子公司部分应收账款进行债务重组的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别风险提示： 证券代码：000863 证券简称：三湘印象 公告编号：2025-026 三湘印象股份有限公司 本次债务重组涉及的房产未来可能受行业整体影响，出售或出租情况可能不 及预期，房产存续期间尚未处置变现的房产价值可能存在减值风险，敬请投资者 注意投资风险。 一、债务重组概述 为减少三湘印象股份有限公司（以下简称"公司"）下属子公司上海三湘装 饰设计有限公司（以下简称"三湘装饰"）应收账款的坏账损失风险，改善资产 结构，优化公司财务状况，三湘装饰作为债权人通过取得客户江西明润投资有限 公司（以下简称"债务重组人"）的商品房（含住宅、公寓、停车位等）抵偿三 湘装饰对其持有的部分应收款项，以上交易构成债务重组，本次拟进行债务重组 的应收款项金额合计不超过 8,747,482.37 元（含质保金）（以下简称："未付 工程款"），其中未付工程款中的人民币 7,109,650.00 元以债务重组人建成的 商品房（含住宅、公寓、停车位等）向三湘装饰抵偿；未付工程款中的人民币 1 ...

证券代码：000863 证券简称：三湘印象 公告编号：2025-025 1、审议通过了《关于子公司部分应收账款进行债务重组的议案》 监事会认为，本次债务重组将有利于减少业务回款的不确定性风险，加快部 分应收账款的收回，改善公司的财务状况；债务重组对方与公司不存在关联关系， 本次交易不存在损害公司及中小股东利益的情形。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 三湘印象股份有限公司 第八届监事会第十九次（临时）会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 三湘印象股份有限公司（以下简称"公司"或"本公司"）第八届监事会第 十九次（临时）会议通知于 2025 年 7 月 18 日以电子邮件及通讯方式送达全体监 事，会议于 2025 年 7 月 23 日上午 10:00 以通讯方式召开。本次会议应出席监事 3 名，实际出席监事 3 名。本次会议由监事会主席厉农帆召集并主持，部分高级 管理人员列席会议。本次会议的召开符合法律法规和公司章程的规定。 二、监事会会议审议情况 经与会监事投票表决，形成如下决议： 1、第八届 ...

证券代码：000863 证券简称：三湘印象 公告编号：2025-024 二、董事会会议审议情况 经与会董事投票表决，形成如下决议： 三湘印象股份有限公司 第八届董事会第二十四次（临时）会议决议公告 公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 一、董事会会议召开情况 三湘印象股份有限公司（以下简称"公司"）第八届董事会第二十四次（临 时）会议通知于 2025 年 7 月 18 日以电子邮件及其他通讯方式送达全体董事，会 议于 2025 年 7 月 23 日以书面传签方式召开。本次会议应出席董事 9 名，实际出 席董事 8 名，缺席会议董事 1 名，独立董事杨海燕女士因未取得联系未出席本次 会议。本次会议的召开符合法律法规和公司章程的规定。 1、审议通过了《关于子公司部分应收账款进行债务重组的议案》 为减少业务回款的不确定性风险，加快部分应收款项的收回，公司董事会同 意子公司部分应收账款进行债务重组。 表决结果：同意 8 票，反对 0 票，弃权 0 票。 表决结果：同意 8 票，反对 0 票，弃权 0 票。 内容详见公司同日于巨潮资讯网（www.cninfo.c ...

Core Insights - The article discusses the growth and potential of the "research-based travel" sector in China, highlighting its emergence as a new educational and tourism model since its mention in the 2013 National Tourism and Leisure Outline [1] Group 1: Definition and Development - "Research-based travel" was first mentioned in the 2013 National Tourism and Leisure Outline, marking its entry into the educational and tourism sectors as a new approach to educational reform and tourism transformation [1] - As of the end of 2024, most research-based travel companies are in a growth stage, indicating significant development potential [2] Group 2: Main Business Activities - The primary business of research-based travel companies is organizing or receiving school research teams, accounting for 52.72% of their operations, followed by the operation of research bases (camps) at 20.08% [4] Group 3: Market Trends - The most popular themes in the research-based travel market include natural ecology, red culture, labor practice, traditional culture, and technological innovation, with popularity percentages of 53.14%, 53.14%, 50.63%, 45.61%, and 30.96% respectively [6] Group 4: Consumer Demographics - In 2024, the main consumer groups for research-based travel products are from Beijing, Guangdong Province, and Shanghai, with consumption shares of 28.45%, 18.83%, and 13.39% respectively [10]