Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025, primarily due to adverse weather conditions and the ongoing costs associated with new projects that have not yet become profitable [5][4][3]. Financial Performance - The company achieved total operating revenue of 377.70 million yuan, a decrease of 1.85% compared to the same period last year [5]. - The net profit attributable to shareholders was 94.50 million yuan, down 15.86% year-on-year [5]. - The decline in revenue and profit was attributed to increased downtime of cable cars due to bad weather and the trial operation of the Lugu Lake Indigo Hotel, which has not yet turned a profit [5]. Business Segments - The company’s three cable cars received a total of 3.09 million visitors, a decrease of 148,400 visitors or 4.58% year-on-year [5]. - The Impression Lijiang show attracted 707,000 visitors, down 15.48% year-on-year [5]. - The hotel business, including various properties, generated revenue of 61.64 million yuan, an increase of 5.48% year-on-year [5]. - The Diquing Shangri-La Tourism Investment Company reported revenue of 14.56 million yuan, a year-on-year increase of 25.08% [5]. Corporate Governance - All board members attended the meeting to review the report [2]. - The board approved the half-year report without any cash dividends or stock bonuses [3]. - The company’s controlling shareholder and actual controller did not change during the reporting period [5]. Related Party Transactions - The company plans to engage in daily related party transactions with Lijiang Tourism Investment Group in 2025, which were approved by the board [14][21]. - The transactions are deemed necessary for the company's operations and are conducted at fair market prices [19][16].

| | 法人 | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 上市公司的 | | | | | | | | | | | | | | 控股子公司 | | | | | | | | | | | | 子公司及其 | | | 其他应 | | | | | | | | | | 收 | 丽江龙悦餐饮经营管理公司 | | 及其控制 | | | | | | 非经营性 | | | | 的 | | | | | | | | | 往来款 | | | | 附属企业 | | 款 | | 206.66 | | 21.27 | | | 1.24 | 226.68 | | | 往来 | | | | | | | | | | | | | | 法人 | | | | | | | | | | | | | 迪庆香巴拉旅游投资有限公 | 控股子公司 | | 其他应 | | | | | | | | | 收 | | | | | | | | | 非经营性 | | | | | | 及其控制的 | | | | 7.77 | | ...

Core Viewpoint - The investment management system of Lijiang Yulong Tourism Co., Ltd. aims to regulate investment activities, control risks, and enhance returns while safeguarding the interests of the company and its shareholders [1][2]. Summary by Sections General Principles - The investment management system is established based on relevant laws and regulations to ensure effective management of investment activities [1]. - Investment activities are defined as cash operations and management of idle funds to achieve capital preservation and appreciation [1]. Management Principles - The company adheres to principles of standardized operations, risk prevention, cautious investment, and value preservation, ensuring that investment activities do not disrupt normal business operations [2]. - Funds used for investment must be idle funds and should not affect operational and project construction funds [2]. Approval Authority and Decision-Making Procedures - The finance department is responsible for managing investment activities, including pre-investment analysis, execution supervision, and information disclosure [2]. - Different approval levels are established based on the percentage of assets involved in the investment, with varying authorities from the general manager to the shareholders' meeting [2][3]. Accounting Management - Upon completion of investment activities, the company must obtain relevant investment proof and timely record it in the accounts [4]. - The finance department is responsible for daily accounting of investment activities in accordance with accounting standards [5]. Risk Control and Information Disclosure - The company must select reputable financial institutions for investment and sign contracts with them [5]. - The audit department supervises investment activities, ensuring compliance with approval processes and monitoring fund usage [5]. - Any investment activities that meet disclosure standards must be reported in a timely manner according to regulations [5]. Supplementary Provisions - The board of directors is responsible for the formulation and revision of the investment management system, while the finance department executes it [6]. - The system takes effect upon approval by the board of directors [6].

（编辑 何成浩） 证券日报网讯 8月7日晚间，丽江股份发布公告称，2025年上半年实现营业收入377，703，495.14元，同 比下降1.85%；归属于上市公司股东的净利润94，502，232.85元，同比下降15.86%。 ...

证券日报网讯 8月7日晚间，丽江股份发布公告称，公司第七届监事会第二十九次会议审议通过了《关 于的议案》《关于与丽江旅投集团2025年度日常关联交易预计的议案》。 （文章来源：证券日报） ...

（文章来源：每日经济新闻） 2025年1至6月份，丽江股份的营业收入构成为：旅游业占比89.87%，其他业务占比10.13%。 丽江股份（SZ 002033，收盘价：8.74元）8月7日晚间发布公告称，公司第七届第四十次董事会会议于 2025年8月7日以传真通讯方式召开。会议审议了《关于与丽江旅投集团2025年度日常关联交易预计的议 案》等文件。 ...

Core Insights - Lijiang Co., Ltd. (002033.SZ) reported a revenue of 378 million yuan for the first half of 2025, representing a year-on-year decrease of 1.85% [1] - The net profit attributable to shareholders of the listed company was 94.5 million yuan, down 15.86% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 96.1 million yuan, a decrease of 14.31% compared to the previous year [1] - Basic earnings per share were 0.172 yuan [1] Revenue and Profit Analysis - The decline in revenue and profit was attributed to increased weather-related disruptions and downtime, which negatively impacted the income and profit from the company's cableway and performance businesses [1] - Conversely, the hotel business saw revenue growth, and the extent of losses in this segment narrowed [1]

格隆汇8月7日丨丽江股份(002033.SZ)公布2025年半年度报告，上半年公司实现营业收入3.78亿元，同比 下降1.85%；归属于上市公司股东的净利润9450.22万元，同比下降15.86%；归属于上市公司股东的扣除 非经常性损益的净利润9610.60万元，同比下降14.31%；基本每股收益0.1720元。 ...

Core Viewpoint - Lijiang Co., Ltd. reported a decline in both revenue and net profit for the first half of 2025 compared to the previous year, indicating potential challenges in its financial performance [2] Financial Performance - The company's revenue for the first half of 2025 was approximately 378 million yuan, representing a year-on-year decrease of 1.85% [2] - The net profit attributable to shareholders was around 94.5 million yuan, which is a year-on-year decrease of 15.86% [2] - Basic earnings per share were reported at 0.172 yuan, down 15.85% year-on-year [2]

丽江玉龙旅游股份有限公司 投资理财管理制度 第一章 总则 第一条 为规范丽江玉龙旅游股份有限公司（以下简称 "公司"）及其全资子公司、控股子公司（以下简称"子公司"） 投资理财业务的管理，有效控制风险，提高投资收益，维护 公司及股东利益，依据《中华人民共和国证券法》、《深圳证 券交易所股票上市规则》等法律法规及《公司章程》有关规 定，制定本制度。 第二条 本制度所称投资理财是指公司以提高资金使用 效率和收益水平为目标，通过银行存款产品、金融机构理财 及其他投资和理财工具对自有闲置资金进行的现金运作和 管理，在确保安全性、流动性的基础上实现闲置资金保值增 值的行为。 第三条 本制度适用于公司及全资子公司、控股子公司。 第二章 管理原则 第四条 公司从事投资理财应坚持"规范运作、防范风险、 谨慎投资、保值增值"的原则，以不影响公司正常经营和业 务的发展为先决条件。 第五条 公司进行投资理财，必须充分防范风险，理财产 品的发行方应是资信状况、财务状况良好、无不良诚信记录 及盈利能力强的金融机构，且投资理财资金不得用于《深圳 证券交易所上市公司自律监管指引第 1 号——主板上市公司 规范运作》规定的风险投资。 第七条 ...