（文章来源：证券日报） 证券日报网讯 11月13日晚间，桂林旅游发布公告称，公司董事会于2025年11月13日收到公司职工董事 邓军先生提交的书面辞职报告。邓军先生的辞职申请自公司董事会收到其辞职报告之日起生效。 ...

格隆汇11月13日丨桂林旅游(000978.SZ)公布,公司董事会于2025年11月13日收到公司职工董事邓军先生 提交的书面辞职报告。离任生效时间2025年11月13日，离任后不在公司及其控股子公司任职。 ...

格隆汇11月13日丨桂林旅游(000978.SZ)公布,公司董事会于2025年11月13日收到公司职工董事邓军先生 提交的书面辞职报告。离任生效时间2025年11月13日，离任后不在公司及其控股子公司任职。 ...

证券代码：000978 证券简称：桂林旅游 公告编号：2025-048 桂林旅游股份有限公司职工董事离任公告 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。 桂林旅游股份有限公司（以下简称"公司"）董事会于2025年11月13日收到 公司职工董事邓军先生提交的书面辞职报告。现将相关情况公告如下： 一、职工董事离任情况 邓军先生提交的《辞职报告》。 桂林旅游股份有限公司董事会 2025 年 11 月 13 日 （一）提前离任的基本情况 | 姓名 | 离任职务 | 离任 | 原定任职 | 离任 | 是否仍在公司及其 | | --- | --- | --- | --- | --- | --- | | | | 具体原因 | 到期日 | 生效时间 | 控股子公司任职 | | 邓军 | 职工董事 | | 2026年 | 2025年 | 否 | | | 董事会战略委员会成员 | 工作调动 | | | | | | | | 3月21日 | 11月13日 | | | | 董事会审计委员会成员 | | | | | （二）离任对公司的影响 根据《公司法》《深圳证券交易所上市公司自律监 ...

Core Viewpoint - The tourism and scenic area sector experienced a decline of 0.28% on November 12, with Lingnan Holdings leading the drop. The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1]. Group 1: Market Performance - The tourism and scenic area sector saw a mixed performance among individual stocks, with notable gainers including Xiangyuan Cultural Tourism, which rose by 3.58% to close at 7.81, and Caesar Travel, which increased by 2.44% to 7.56 [1]. - Lingnan Holdings led the decline with a drop of 3.05%, closing at 12.39 [2]. - The overall trading volume for the tourism and scenic area sector was significant, with Caesar Travel recording a trading volume of 210.98 million shares and a transaction value of 1.612 billion [1]. Group 2: Capital Flow - The sector experienced a net outflow of 52.65 million from institutional investors and 71.76 million from speculative funds, while retail investors saw a net inflow of 124 million [2]. - Key stocks such as Caesar Travel and Xiangyuan Cultural Tourism had varying capital flows, with Caesar Travel seeing a net inflow of 81.60 million from institutional investors, while Xiangyuan Cultural Tourism had a net outflow of 7.78 million from speculative funds [3]. - The overall sentiment in the sector indicates a cautious approach from institutional and speculative investors, contrasted by a more favorable reception from retail investors [2][3].

Group 1 - The company, Guilin Tourism, reported that as of October 31, 2025, the total number of shareholders is 38,141 [2]

Core Viewpoint - Guilin Tourism is a leading enterprise in the tourism industry of Guilin, with a high investment value due to its comprehensive industry chain advantages and core tourism resources like the Li River Scenic Area [1] Group 1: Business Performance - As of Q3 2025, Guilin Tourism reported an operating revenue of 339 million yuan, ranking 9th in the industry [2] - The main business composition includes scenic tourism (49.17%), Li River cruise passenger transport (29.05%), and hotel services (15.97%) [2] - The net profit for the same period was 33.44 million yuan, placing the company 10th in the industry [2] Group 2: Financial Ratios - The asset-liability ratio for Guilin Tourism in Q3 2025 was 51.37%, higher than the previous year's 45.76% and above the industry average of 31.00% [3] - The gross profit margin was 33.07%, an increase from 31.06% year-on-year, but still below the industry average of 45.62% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 31.04% to 43,200 [5] - The average number of circulating A-shares held per shareholder decreased by 23.69% to 10,800 [5] - The third-largest circulating shareholder is the Fortune China Securities Tourism Theme ETF, holding 5.65 million shares, an increase of 2.007 million shares from the previous period [5] Group 4: Management Compensation - The chairman of Guilin Tourism, Chen Jing, has a salary of 8,200 yuan for 2024 [4] - The president, Wen Zheng, has a salary of 111,500 yuan for 2024 [4]

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]

Core Insights - Guilin Tourism (000978.SZ) reported a total operating revenue of 339 million yuan for Q3 2025, with a net profit attributable to shareholders of 35.77 million yuan, representing an increase of 28.96 million yuan or 425.76% year-on-year [1][3] Financial Performance - The company's net cash inflow from operating activities was 108 million yuan, an increase of 45.99 million yuan or 74.62% compared to the same period last year [1] - The latest asset-liability ratio stands at 51.37% [3] - The gross profit margin is 33.07%, up by 4.07 percentage points from the previous quarter and an increase of 2.01 percentage points year-on-year [3] - Return on equity (ROE) is 3.23%, which is an increase of 2.70 percentage points compared to the same period last year [3] - The diluted earnings per share (EPS) is 0.08 yuan, an increase of 0.06 yuan or 406.67% year-on-year [3] - The total asset turnover ratio is 0.15 times, up by 0.01 times or 5.16% year-on-year [3] - The inventory turnover ratio is 50.99 times, ranking 4th among disclosed peers, with an increase of 6.84 times or 15.50% year-on-year [3] Shareholder Structure - The number of shareholders is 43,200, with the top ten shareholders holding 253 million shares, accounting for 54.07% of the total share capital [3] - The largest shareholder is Guilin Tourism Investment Group Co., Ltd., holding 37.2% of shares [3]

Core Insights - The company reported a significant increase in net profit and operational efficiency in its Q3 2025 financial results, indicating strong internal reforms and cost management [1] - During the peak tourist season from October 1 to 8, the company experienced a notable rise in both visitor numbers and revenue, showcasing effective product innovation and service upgrades [2] Financial Performance - For the first three quarters of 2025, the company achieved an operating income of 339 million yuan, maintaining stability year-on-year; net profit attributable to shareholders reached 35.77 million yuan, a year-on-year increase of 425.76% [1] - In Q3 alone, the company generated revenue of 142 million yuan, with a net profit of 27.76 million yuan, reflecting a year-on-year growth of 7.20% [1] - The non-recurring net profit for the first three quarters was 9.40 million yuan, a substantial increase of 7996.90% compared to the same period last year, indicating enhanced profitability from core operations [1] Operational Improvements - The significant profit increase is attributed to effective internal operational reforms, including cost control and efficiency enhancements, with operating costs decreasing by 9.12 million yuan year-on-year [1] - The company is actively innovating in core scenic area operations and product offerings, including infrastructure projects and service chain improvements to align with tourism consumption upgrades [1] Tourism Performance - During the National Day and Mid-Autumn Festival holiday, the company welcomed 290,700 visitors, a year-on-year increase of 32.71%, and achieved revenue of 21.44 million yuan, up 12.07% [2] - The company leveraged partnerships and events, such as the collaboration with NetEase's game "Sky: Children of the Light," to enhance visibility and attract visitors [2] Strategic Developments - In August 2025, the company acquired 100% stakes in two tourism development companies, enhancing its digital ticketing capabilities and integrating resources for improved operational efficiency [2] - This acquisition aims to strengthen the company's position in the tourism industry chain and establish a smart tourism ecosystem that integrates online booking with offline experiences [2]