Core Viewpoint - The tourism industry, once expected to thrive, is now facing significant challenges, highlighted by the bankruptcy of Qinghai Tourism Investment Group and the struggles of various tourism companies despite an increase in domestic travel and spending [2][3][4][8]. Group 1: Industry Challenges - Qinghai Tourism Investment Group and its subsidiaries have filed for bankruptcy, shocking the tourism sector [3]. - The company, which aimed for significant growth and public listing, mismanaged its resources, leading to a loss of 4.8 billion in registered capital [4]. - 44 listed companies in the tourism sector reported their Q1 earnings, with 25 experiencing negative revenue growth, accounting for 56.8% of the total [4]. Group 2: Financial Performance - Major airlines like China Southern Airlines, China Eastern Airlines, and Air China reported substantial losses in Q1, with losses of 747 million, 995 million, and 2.044 billion respectively [7]. - Despite a 26.4% increase in domestic travel and an 18.6% rise in spending, the tourism industry is struggling financially [8][9]. Group 3: Market Dynamics - The tourism market is saturated, with an increase in A-level scenic spots and travel agencies, yet average income has dropped by nearly 40% [31]. - Online travel platforms like Ctrip and Tongcheng are thriving, with Ctrip reporting a net profit of approximately 4.3 billion in Q1, showcasing the "shovel effect" where service providers profit while actual tourism businesses struggle [28][30]. Group 4: Shifts in Consumer Behavior - The tourism industry is transitioning to a 2.0 era, where experiential value is prioritized over mere scarcity of resources [46][50]. - Successful attractions like Jiuhua Mountain and Disney have capitalized on immersive experiences, contrasting with traditional scenic spots that fail to adapt [39][41]. Group 5: Future Outlook - Many tourism platforms are likely to face severe financial difficulties or bankruptcy if they cannot adapt to the changing market dynamics and consumer preferences [55][56]. - The current environment suggests a need for a significant restructuring within the tourism sector to eliminate ineffective players and allow successful entities to thrive [58][59].

Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing for investment in low-risk, liquid products to enhance fund efficiency and generate returns for shareholders [1][6][7] Group 1: Fundraising Overview - The company raised a total of 815.94 million yuan through a non-public offering of 170,341,873 shares at a price of 4.79 yuan per share, with net proceeds amounting to 800.97 million yuan after deducting fees [2][4] - The funds are stored in a dedicated account with a tripartite supervision agreement signed with the underwriter and the bank [2][4] Group 2: Idle Funds and Management - As of June 26, 2025, the company has identified a portion of the raised funds as temporarily idle due to the phased investment nature of the projects [5] - The company plans to use up to 700 million yuan of these idle funds for cash management, investing in safe, liquid products with a maturity of no more than 12 months [5][6] Group 3: Decision and Implementation - The board of directors has authorized the management to implement the cash management strategy within the approved limits and timeframe, which is valid for 12 months from the date of approval [5][6] - The company will ensure compliance with relevant regulations and will disclose the cash management activities as required [5][6] Group 4: Impact and Opinions - Utilizing idle funds for cash management is expected to improve fund efficiency and yield returns for shareholders, aligning with the interests of the company and its stakeholders [6][7] - The supervisory board and the underwriter have both expressed support for the decision, confirming that it adheres to regulatory requirements and does not harm shareholder interests [6][7]

Core Viewpoint - The company intends to utilize idle raised funds for cash management to enhance fund efficiency and generate returns, aligning with the interests of the company and all shareholders [5]. Fundraising Overview - The company raised a total of 815.94 million yuan through a non-public offering of 170,341,873 shares at a price of 4.79 yuan per share, with a net amount of 800.97 million yuan after deducting fees [1][2]. Fund Usage and Idle Reasons - As of June 26, 2025, the detailed usage of the raised funds includes payments for various tourism projects and associated costs, with a total of 6.88 million yuan for new cruise capacity and 12.16 million yuan for vacation cruise projects [2]. - The idle funds are attributed to the phased investment requirements of the fundraising projects, leading to temporary idleness [2]. Cash Management Plan - The company plans to use up to 700 million yuan of idle funds for cash management, investing in low-risk, liquid financial products with a maturity of no more than 12 months [3]. - The board has authorized the management to implement cash management within the specified limits and duration [3]. Risk Control Measures - The company will select low-risk investment products and take necessary measures to control investment risks, ensuring that the funds are not used for pledging or altering the intended use [4]. Impact on the Company - Utilizing idle funds for cash management is expected to improve fund efficiency and yield returns, benefiting shareholders without compromising the integrity of the fundraising projects [4][5]. Internal Review Process - The proposal for cash management was approved in the 14th meeting, adhering to necessary approval and decision-making procedures [4]. Sponsor's Verification Opinion - The sponsor, Zhongtian Guofu Securities, has no objections to the company's plan to manage idle funds, confirming compliance with relevant regulations [5].

Group 1 - Hengbang Co., Ltd. plans to establish a joint venture with Huasheng Development with a registered capital of 10 million yuan, where Hengbang will contribute 8 million yuan (80%) and Huasheng will contribute 2 million yuan (20%) [1] - Hunan Gold's subsidiary Anhua Zhazi Creek Smelting Plant will undergo temporary maintenance starting from the end of June 2025, expected to last no more than 30 days [2] - Defu Technology's subsidiary signed supply agreements for lithium battery copper foil products with two leading global companies, with contract durations of 3 years and 5 years respectively [3] Group 2 - Binjiang Group won the rights to two residential land parcels for a total price of 4.368 billion yuan [5] - Zhong'an Technology announced the resignation of its executive vice president and board secretary due to personal reasons [7] - Changqing Technology's project for special polymer materials and electronic materials has officially commenced production, adding a capacity of 120,500 tons per year [10] Group 3 - Gansu Energy received approval from the China Securities Regulatory Commission to publicly issue bonds totaling up to 2 billion yuan [10] - Shuoshi Biology obtained a medical device registration certificate for an in vitro diagnostic reagent, valid until June 2030 [12] - Yawen Co., Ltd. plans to issue shares to specific investors, with the application accepted by the Shenzhen Stock Exchange [13] Group 4 - Guoyao Modern's subsidiary received approval for the listing of a raw material drug, which is a selective anticholinergic agent [16] - Inner Mongolia First Machinery's subsidiary signed a railway freight car procurement contract worth 130 million yuan [18] - Xining Special Steel plans to raise up to 1 billion yuan through a private placement to its controlling shareholder [39] Group 5 - Huadong Medicine's subsidiary received approval for a clinical trial of a new injectable drug targeting advanced solid tumors [29] - Warner Pharmaceutical's compound potassium hydrogen phosphate injection passed the consistency evaluation for generic drugs [30] - North Special Technology plans to raise up to 300 million yuan through a private placement for a production base project in Thailand [30] Group 6 - Xiangyang Technology is the first candidate for a 533 million yuan Airbus project [45] - Haishun New Materials intends to acquire 100% of Guangdong Zhengyi Packaging [46] - Jida Zhengyuan's shareholder plans to reduce their stake by up to 0.73% due to personal financial needs [47]

中天国富证券有限公司 关于湖北三峡旅游集团股份有限公司 使用闲置募集资金进行现金管理的核查意见 中天国富证券有限公司（以下简称"中天国富证券"或"保荐机构"）作为 湖北三峡旅游集团股份有限公司（以下简称"三峡旅游"或"公司"）2020年非 公开发行股票的保荐机构及持续督导机构，根据《证券发行上市保荐业务管理 办法》《上市公司募集资金监管规则》《深圳证券交易所上市公司自律监管指引 第 13 号——保荐业务》等相关法律、法规、规范性文件的规定，对三峡旅游使 用闲置募集资金进行现金管理事项进行了审慎核查，具体核查情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准湖北宜昌交运集团股份有限公司非 公开发行股票的批复》（证监许可〔2021〕748 号）核准，公司以非公开发行的 方式发行 170,341,873 股人民币普通股（A 股），发行价格为 4.79 元/股，募集资 金总额为 81,593.76 万元，扣除保荐承销费用人民币 1,450.28 万元后的余款 80,143.48 万元（含应付未付的审计费、律师费等）已于 2021 年 7 月 1 日全部到 账，业经立信会计师事务所（特殊普通合伙）审验 ...

证券代码：002627 证券简称：三峡旅游 公告编号：2025-034 湖北三峡旅游集团股份有限公司 关于使用闲置募集资金进行现金管理的公 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、完 整，没有虚假记载、误导性陈述或重大遗漏。 湖北三峡旅游集团股份有限公司（以下简称"公司"或"三峡旅游"） 于 2025 年 6 月 27 日召开的第六届董事会第十九次会议、第六届监事 会第十四次会议审议通过了《关于使用闲置募集资金进行现金管理的 议案》，根据公司募投项目的建设进度及实际资金安排，同意公司及 实施募投项目的子公司在确保不影响募集资金按投资计划正常使用 的情况下，使用不超过 7 亿元的暂时闲置募集资金进行现金管理，投 资于安全性高、流动性好、满足保本要求、期限不超过 12 个月的产 品。决议有效期为自董事会审议通过之日起 12 个月内，在决议有效 期内及额度范围内，资金可循环滚动使用，并授权公司管理层具体实 施相关事宜。 根据《深圳证券交易所股票交易规则》《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》及《公司章程》 的有关规定，本事项无需提交股东大会审议。 一、募集资金基本 ...

本次会议的召开符合有关法律、行政法规、部门规章、规范性文 件和《公司章程》的规定。 证券代码：002627 证券简称：三峡旅游 公告编号：2025-033 湖北三峡旅游集团股份有限公司 第六届监事会第十四次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确、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 湖北三峡旅游集团股份有限公司（以下简称"公司"）第六届监事 会第十四次会议通知于 2025 年 6 月 20 日以书面、电话、电子邮件相 结合的形式发出。本次会议于 2025 年 6 月 27 日以通讯表决方式召 开，会议应出席监事 5 人，实际出席监事 5 人。 二、监事会会议审议情况 本次会议经过投票表决，审议通过了： 《关于使用闲置募集资金进行现金管理的公告》详见巨潮资讯网 （www.cninfo.com.cn）及《证券时报》《中国证券报》《上海证券报》 《证券日报》。 三、备查文件 经与会监事签字并加盖监事会印章的第六届监事会第十四次会 议决议。 特此公告。 《关于使用闲置募集资金进行现金管理的议案》。 表决结果：5 票同意、0 票反对、0 票弃权。 监事会认为：公 ...

证券代码：002627 证券简称：三峡旅游 公告编号：2025-032 湖北三峡旅游集团股份有限公司 第六届董事会第十九次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、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 湖北三峡旅游集团股份有限公司（以下简称"公司"）第六届董事 会第十九次会议通知于 2025 年 6 月 20 日以书面、电话、电子邮件相 结合的形式发出。本次会议于 2025 年 6 月 27 日以通讯表决方式召 开，会议应出席董事 11 人，实际出席董事 11 人。 本次会议的召开符合有关法律、行政法规、部门规章、规范性文 件和《公司章程》的规定。 二、董事会会议审议情况 三、备查文件 本次会议经过投票表决，一致通过如下议案： （一）审议通过了《关于使用闲置募集资金进行现金管理的 议案》。 表决结果：11 票同意、0 票反对、0 票弃权。 监事会、保荐机构均发表了明确同意意见。 《关于使用闲置募集资金进行现金管理的公告》详见巨潮资讯网 （www.cninfo.com.cn）及《证券时报》《中国证券报》《上海证券报》 《证券日报》；监事会意见及保荐机构核查 ...

Core Viewpoint - The company has announced a profit distribution plan for the year 2024, proposing a cash dividend of 1 yuan per 10 shares, totaling approximately 68.94 million yuan, based on a total share capital of 689,392,273 shares after accounting for repurchased shares and shares subject to performance compensation obligations [1][2]. Summary by Sections Profit Distribution Plan - The company plans to distribute a cash dividend of 1 yuan per 10 shares (including tax) to all shareholders, with a total expected cash dividend of 68,939,227.30 yuan [1][2]. - The distribution will not include any stock dividends or capital increases from reserves, and any undistributed profits will be retained for future distribution [1][2]. Share Capital and Dividend Calculation - The total share capital used for the dividend calculation is 689,392,273 shares, which is derived from the total shares of 724,601,378 shares minus 29,169,534 shares held in the repurchase account and 6,039,571 shares subject to performance compensation [1][2]. - The cash dividend will be distributed based on the shares registered as of June 26, 2025, with the payment date set for June 27, 2025 [4][5]. Taxation on Dividends - The cash dividend will be subject to different tax treatments based on the type of shareholder, with specific rates for QFII, RQFII, and individual investors depending on their holding period [2][3]. - For individual shareholders, the tax will be calculated based on the holding period, with no tax due for shares held over one year [3]. Ex-Dividend Date and Rights Distribution - The ex-dividend date is set for June 26, 2025, and the rights distribution will be directly credited to shareholders' accounts through their custodial securities companies [4][5]. - The company will bear all legal responsibilities for any shortfall in cash dividends distributed by the China Securities Depository and Clearing Corporation [4]. Reference Price Calculation - The reference price for the ex-dividend shares will be adjusted based on the cash dividend distribution, calculated to be approximately 0.951409 yuan per 10 shares [5].

证券代码：002627 证券简称：三峡旅游 公告编号：2025-031 湖北三峡旅游集团股份有限公司 2024 年度权益分派实施公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 以现有股份总额724,601,378股扣减截至2025年6月19日公司股份 回购专户的29,169,534股及负有业绩补偿义务的6,039,571股股份后的 股本总额689,392,273股为基数计算，每10股派发现金股利1元（含税）， 预计此次派发现金红利68,939,227.30元。 湖北三峡旅游集团股份有限公司（以下简称"公司"或"本公司"） 2024年年度权益分派方案已获2025年5月12日召开的公司2024年度股 东大会审议通过，现将权益分派事宜公告如下： 一、股东大会审议通过利润分配预案情况 1. 公司于2025年5月12日召开的2024年度股东大会审议通过了 《2024年度利润分配预案》，公司2024年年度权益分派方案为：以未 来实施利润分配方案时股权登记日的总股本（剔除公司回购专户中的 股份及负有业绩补偿义务的股份）为基数，向全体股东每10股派发现 金股 ...