Financial Performance - The company's operating revenue for 2022 was ¥316,555,051.92, a decrease of 11.66% compared to ¥358,348,180.31 in 2021[21]. - The net profit attributable to shareholders for 2022 was ¥3,684,639.11, a significant increase of 109.75% from a loss of ¥37,803,207.56 in 2021[21]. - The net cash flow from operating activities for 2022 was ¥116,597,241.44, showing a substantial increase of 7,737.69% compared to ¥1,487,647.65 in 2021[21]. - The basic earnings per share for 2022 was ¥0.0067, a turnaround from a loss of ¥0.0688 in 2021, reflecting a 109.74% improvement[21]. - Total assets at the end of 2022 amounted to ¥2,749,885,809.93, representing a 2.22% increase from ¥2,690,235,513.89 at the end of 2021[21]. - The company reported a total revenue of ¥314,405,442.06 after deducting rental income from fixed assets, compared to ¥357,069,195.90 in 2021[22]. - The company reported a total profit of CNY 91.63 million, a decrease of 46.45% compared to the previous year[47]. - The company's overall gross margin was 33.99%, reflecting a decrease of 12.15% from the previous year[51]. Dividend and Shareholder Information - The company reported a cash dividend of 2.50 RMB per 10 shares, based on a total of 549,490,711 shares[6]. - The proposed cash dividend distribution is 2.50 CNY per 10 shares, totaling 137,372,677.75 CNY, which represents 100% of the profit distribution[164][166]. - The total number of employees at the end of the reporting period was 1,576, with 949 in production, 209 in sales, and 211 in technical roles[161]. Corporate Governance and Management - The company emphasizes the importance of accurate financial reporting, with management affirming the completeness and truthfulness of the annual report[5]. - The company maintains a commitment to transparency and accountability in its financial disclosures and corporate governance practices[5]. - The governance structure includes a board of directors, supervisory board, and management team, ensuring effective decision-making and oversight[130]. - The management team is composed of dedicated professionals who do not hold positions in shareholder units or their subsidiaries[129]. - The company has established specialized committees under the board to enhance governance and decision-making efficiency[130]. Market and Operational Challenges - The company faced a challenging tourism market environment in 2022, impacting its business operations significantly[32]. - The company experienced a net loss of ¥28,277,488.10 in Q1 2022, with a subsequent loss of ¥25,142,182.68 in Q2, but a profit of ¥80,107,705.06 in Q3[26]. - The company reported a decline in visitor numbers, with 1.94 million visitors across its three cable cars, a decrease of 10.29% compared to the previous year[47]. - The company faced increased competition in the hotel sector, impacting the expected profitability of its projects[84]. Future Outlook and Strategic Initiatives - In 2023, the company plans to achieve operating revenue of 717.46 million yuan, representing a growth of 126.65% compared to the previous year[118]. - The net profit attributable to shareholders is projected to be 160.86 million yuan, an increase of 4,265.87% year-on-year[119]. - The company aims to develop a high-quality cultural tourism industry worth 100 billion CNY and establish Lijiang as a world cultural tourism city[102]. - The company plans to enhance its marketing strategies, focusing on social media and influencer partnerships to reach younger demographics[134]. Environmental and Social Responsibility - The company actively participates in ecological protection and has implemented various measures to reduce energy consumption and pollution[180]. - The company has been involved in poverty alleviation and rural revitalization efforts, organizing two special meetings to enhance support for local communities[182]. - The company supported 20,000 yuan to Yilong Village in 2022 to promote collective economic development and support local industry growth[183]. Internal Control and Compliance - The internal control system is effectively established and meets the management and development needs of the company[168]. - The company has not identified any significant internal control deficiencies during the reporting period[169]. - The company has established a subsidiary management system to ensure effective control over subsidiaries[169]. - There are no reported major defects in financial reporting or non-financial reporting during the evaluation period[173].

Group 1: Company Overview - The company operates three main business segments: cableway operations, cultural performances, and hotel services [2][3] - The cableway business includes three lines: Yulong Snow Mountain, Yunshanping, and Yangpi, serving 3.37 million visitors in 2014 [3] - The cultural performance segment, acquired in 2011, includes the large-scale show "Impression Lijiang," attracting 2.359 million visitors in 2014 and contributing a net profit of 51 million CNY [3] Group 2: Financial Performance - The company forecasts a growth of 10%-40% for the cableway business in the first half of 2015, with performance within the expected range [4] - The hotel segment includes three hotels in Lijiang, each managed by different international hotel groups, catering to diverse customer needs [4] Group 3: Ongoing Projects - The company is currently constructing the Xiangbala Moonlight City project and a Tibetan cultural experience area, expected to be completed between 2016 and 2017 [4] - A boutique hotel project in Benzilan is anticipated to be completed this year and operational next year [4] Group 4: E-commerce Strategy - Since launching its B2C model on Tmall in July 2013, the company has expanded from a single channel to multiple e-commerce models, improving product offerings and consumer engagement [5] Group 5: Future Growth and Challenges - The company is exploring employee stock ownership plans and equity incentives due to its dispersed shareholding structure [5] - The hotel properties have appreciated significantly, but the company currently has no plans to sell or manage hotels independently [5] - The company has rented out 70% of the 5596 commercial street, retaining 30% for future rental increases [6] Group 6: Transportation and Infrastructure - Lijiang Airport has opened over 30 routes, including international flights, enhancing the region's tourism potential [6][7] - Road infrastructure has improved significantly, with major highways and railways completed, further benefiting tourism [7] Group 7: Restaurant Operations - The restaurant center's operations are gradually improving, with expectations of breaking even in the first half of the year [7] Group 8: Profit Growth Points - Future profit growth will focus on optimizing existing businesses, identifying suitable short-term projects, and completing ongoing projects [7]

Financial Performance - In 2014, the company achieved a total operating income of 742.75 million yuan, an increase of 11.33% compared to 2013 [4] - The net profit attributable to shareholders was 181.07 million yuan, a growth of 22.50% year-on-year [4] - The number of visitors to the scenic area reached 3.677 million, a historical high, with a 7% increase in individual visitors [3] - The cableway received 3.372 million visitors, a 14.1% increase, accounting for 91.7% of total visitors [3] - The performing arts segment attracted 2.359 million visitors, a 13.4% increase, representing 64.16% of total visitors [3] - Hotel revenue was 76.19 million yuan, down 23.26% from 2013, with total profit dropping 42.62% [3] Project Development - The company is focusing on upgrading hotel brands, with the InterContinental Hotel project launched in February 2015 [4] - The Benzi Lan boutique hotel project commenced construction in August 2014 and is expected to be completed within the year [4] - The company is also developing the Xiangbala Moonlight City project, which is part of its strategic expansion [5] - Future project reserves are being explored in areas like Lugu Lake and Dali Jianchuan [5] Market Strategy - The company is adapting to the e-commerce landscape, having launched a Tmall flagship store in July 2013, achieving over 20,000 sales in 2014 [6] - The sales strategy includes both online and offline channels, with partnerships established with 21 inns [6] - The company is focusing on integrating resources to offer popular products like "one-day tours" and "direct bus services" [7] Challenges and Opportunities - The company acknowledges the need to address long wait times at the cableway, implementing a reservation system starting April 2015 [10] - The competitive landscape in the online travel sector is evolving, with major players like Ctrip and Qunar leading the market [8] - The company is exploring opportunities for collaboration with Yunlv Investment in new projects [5] Future Outlook - For 2015, the company aims for an operating income of 760 million yuan and a net profit of 181 million yuan [11] - Key projects for 2015 include the Xiangbala Moonlight City and Benzi Lan boutique hotel [11] - The company plans to continue investing in new projects while also seeking short-term asset integration opportunities [11]

编号：2016-009 证券代码：002033 证券简称：丽江旅游 丽江玉龙旅游股份有限公司 投资者关系活动记录表 | --- | --- | --- | |----------------|-----------------------------|----------------------------------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 □分析师会议 | | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | | 中银国际证券：梅 林 华夏基金：胡 斌 | | 人员姓名 | | | | 时间 | 2016 年 6 月 1 日 | | | 地点 | 公司会议室 | | | 上市公司接待人 | 董 秘：杨 宁 记录：王 岚 | | | 员姓名 | | | | 投资者关系活动 | | 一、请介绍下公司最近签订的空中游览观光项目的情况。 | | 主要内容介绍 | | 近年来，随着政府对低空飞行政策的 ...

证券代码：002033 证券简称：丽江旅游 丽江玉龙旅游股份有限公司 投资者关系活动记录表 编号：2016-012 | --- | --- | --- | |----------------|----------------------------------------|----------------------------------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 □分析师会议 | | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 东兴证券：张凯琳 | | | 人员姓名 | | | | 时间 | 2016 年 6 月 24 日 | | | 地点 | 公司会议室 | | | 上市公司接待人 | 董 秘：杨 宁 记录：王 岚 | | | 员姓名 | | | | 投资者关系活动 | 1 、初次来丽江请介绍下公司的基本情况。 | | | 主要内容介绍 | 公司目前区域内的业务主要分为景区 | / 城 ...

证券代码：002033 证券简称：丽江旅游 编号：2016-003 丽江玉龙旅游股份有限公司 投资者关系活动记录表 | --- | --- | --- | |----------------|------------------------------|------------------------------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 □分析师会议 | | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 安信证券：杨清朴 | | | 人员姓名 | | | | 时间 | 2016 年 1 月 25 日 | | | 地点 | 公司会议室 | | | 上市公司接待人 | 董 秘：杨 宁 | | | 员姓名 | 投资者关系管理员：王 岚 | | | 投资者关系活动 | 一、公司的基本情况介绍 | | | 主要内容介绍 | | 目前，公司核心业务主要分为三大板块：索道业务、印象演 | | | 出、酒店 ...

Group 1: Company Performance - The major cableway's reception volume in 2015 exceeded that of the Yunsongping cableway, with a maximum daily reception of over 10,000 visitors during peak seasons [1][2] - The restaurant center's operations have improved, achieving profitability through adjustments in meal standards and promotional strategies [2] Group 2: Ongoing Projects - The Xiangbala Moonlight City project is under construction, while the Benzi Lan Boutique Hotel project has been completed and is transitioning to trial operations before the Spring Festival [2] - The company is actively exploring future project reserves in scenic areas like Lugu Lake and Dali, focusing on developing unique tourism products [2] Group 3: Online Tourism Strategy - The company collaborates with online platforms like Qunar and Lvmama to expand its e-commerce channels, rather than developing its own app due to its reliance on travel agencies for customer sourcing [3] Group 4: Corporate Governance and Shareholding - The company is exploring stock incentive and employee shareholding plans, given the current market conditions and the dispersed shareholding structure [4] - There is no current collaboration with the second largest shareholder, Yunnan Travel Investment, which has not increased its stake in the company [4] Group 5: Market Position and Competition - The company is cautious about the impact of competitors like Songcheng Company on its operations, indicating uncertainty about future influences [4] - The management is aware of the issues related to the dispersed shareholding structure and is taking it seriously [4]

Company Overview - Lijiang Yulong Tourism Co., Ltd. operates primarily in two segments: scenic areas and urban areas [3] - Key attractions include Yulong Snow Mountain, "Impression Lijiang" cultural performance, and various hotels and commercial streets [3][4] Financial Performance - The company reported a turnaround in the first half of 2015, with the Dragon Delight Restaurant achieving profitability after previous losses [3] - The "Impression Lijiang" performance saw a decline of over 10% in 2015, attributed to travel agency route arrangements [5] Visitor Statistics - The capacity of the main cableway (Yulong Snow Mountain) is 10,000 visitors per day, typically reached only during peak seasons [4] - The visitor distribution for the cableway is 70% group and 30% individual, while "Impression Lijiang" has over 90% group visitors [5] Business Development - The company is expanding its business model by integrating biological resources with tourism shopping through investments in local companies [3] - Future projects include the Moonlight City in Shangri-La and a boutique hotel in Benzilan, with completion expected by the end of 2016 [3][4] Market Strategy - The company is actively seeking acquisition opportunities and exploring projects to enhance profitability [7] - Plans to enhance the "Maca" business by upgrading from food products to health and pharmaceutical products [7] Internet and E-commerce Initiatives - The company is collaborating with online travel agencies to diversify its customer base and develop various e-commerce models [6] - A new travel agency, Longtu, is being established to focus on day tours and themed travel experiences [6] Future Outlook - The tourism industry is expected to maintain stable growth unless impacted by unforeseen events [9] - Key growth drivers for the next two years include an increase in Lijiang tourist numbers, reduction of losses from commercial streets and hotels, and successful project acquisitions [9][10]

Group 1: Performance Challenges - The main reason for the decline in "Impression Lijiang" performance is intensified competition in the local performing arts market, with an increase in low-priced competing products [2][3] - The company aims to maintain the performance decline within the same level as last year, focusing on market dynamics and strengthening cooperation with travel agencies [3] - The company reports a 5-10% annual growth in visitor statistics, indicating a slowdown compared to previous years, influenced by the broader economic environment [4] Group 2: Visitor Trends and Marketing Strategies - New visitors depend on the overall number of tourists coming to Lijiang, with repeat visitors constituting a portion of the audience [3] - The company plans to enhance marketing efforts and integrate resources across different business lines to improve product competitiveness [3] Group 3: Infrastructure and Development Projects - The company is exploring the development of small boutique hotels in the Shangri-La area, with room counts ranging from 10-20, and plans to provide transportation services [6] - The "Shangri-La Moonlight City" project is under construction, with the commercial street expected to be completed by the end of 2016 [6] - The company is working on a sightseeing railway project connecting the urban area to the Yulong Snow Mountain scenic area [8] Group 4: Financial and Operational Insights - The company aims to reduce losses in hotel operations, which have been affected by government spending restrictions and economic downturns [5] - The cash flow is primarily allocated to the Shangri-La project, with an anticipated need for an additional 400-500 million yuan for future investments [10][11] - The company is focusing on external growth strategies to enhance operational performance [11]

Company Overview - Lijiang Yulong Tourism Co., Ltd. operates primarily in two segments: scenic areas and urban areas [2] - Key attractions include Yulong Snow Mountain with various cable cars and the "Impression Lijiang" cultural performance [2][3] - Urban operations consist of three hotels and a commercial street [3] Financial Performance - The cable car business has maintained a growth rate of approximately 10% in recent years, with the major cable car experiencing a 40% increase last year [3] - The major cable car contributes the highest profit margin, leading to a shift in marketing strategies [3] - The team-to-individual visitor ratio for the major cable car is 80% to 20%, while for the other cable car, it is 55% to 45% [4] Investment and Projects - Funds raised are primarily directed towards the Moonlight City project in Shangri-La, following the hotel and commercial street model [3] - The company is also investing in a boutique hotel project in Benzilan, which has already opened [3] - The Moonlight City project is currently under construction, with adjustments to investment scale and timeline due to market conditions [5] Challenges and Strategies - The hotel segment has faced losses in recent years due to government spending restrictions and economic downturns [4] - The company plans to enhance marketing strategies and explore innovative combinations to boost cable car usage [6] - The "Impression Lijiang" performance has a high reliance on group bookings, with over 95% of attendees being part of tour groups [7] Future Outlook - The company aims to expand its operations beyond Lijiang, focusing on cultural tourism and unique experiences [6] - There is a significant cash flow requirement for future projects, including the potential development of the Lugu Lake project [5] - The company is actively seeking opportunities for project development in line with government directives [6]