Core Points - The company and its subsidiaries received a total of 5.6877 million yuan in government subsidies from July 1, 2025, to September 30, 2025, which accounts for 4.84% of the company's audited net profit attributable to shareholders for the most recent fiscal year [1] Summary by Category - **Government Subsidies**: The total amount of government subsidies received includes urban public transport operation subsidies, new energy bus operation subsidies, and student special bus subsidies [1] - **Financial Impact**: All subsidies are related to revenue and are recognized as other income, with the final accounting treatment and impact on the company's 2025 financial results subject to the audit by the accounting firm [1]

Core Viewpoint - The company, Three Gorges Tourism, has reported a decline in the number of shareholders and a decrease in stock price, despite showing growth in revenue and net profit in its semi-annual report [2] Shareholder Information - As of October 10, the number of shareholders for Three Gorges Tourism was 31,028, a decrease of 1,834 from the previous period (September 30), representing a decline of 5.58% [2] - This marks the second consecutive period of decline in the number of shareholders [2] Stock Performance - The closing price of Three Gorges Tourism was 5.81 yuan, down 0.85%, with a cumulative decline of 3.33% since the concentration of shares began [2] - The stock experienced two days of decline during this period [2] Financial Performance - In the first half of the year, the company achieved operating revenue of 367 million yuan, an increase of 7.47% year-on-year [2] - The net profit for the same period was 63.62 million yuan, reflecting a year-on-year growth of 17.74% [2] - The basic earnings per share were 0.0878 yuan, with a weighted average return on equity of 2.04% [2]

Transaction Overview - Hubei Three Gorges Tourism Group Co., Ltd. participated in the establishment of Chongqing Peak Double Gorge Tourism Co., Ltd. in 2022, holding a 35% stake [2] - The company, in partnership with Chongqing Wushan Cultural Tourism Group Co., Ltd., acquired a 35% stake from Chongqing Wanzhou Automobile Transport (Group) Co., Ltd. for a total price of 4.11572 million yuan, with the company acquiring 5% for 587,960 yuan [2][12] - Post-transaction, the shareholding structure of Peak Double Gorge will be: Three Gorges Tourism 40%, Wushan Cultural Tourism 30%, and Chijia Cultural Tourism 30% [2] Transaction Details - The transaction does not require board approval and is not classified as a related party transaction or a major asset restructuring [3][4] - The transaction was conducted through the Chongqing United Property Rights Exchange [5] Parties Involved - Chongqing Wanzhou Automobile Transport (Group) Co., Ltd. has a registered capital of 1.74896613 billion yuan and is not a dishonest executor [6][8] - Chongqing Wushan Cultural Tourism Group Co., Ltd. is a state-owned enterprise with a registered capital of 11.5 billion yuan and is also not a dishonest executor [7][8] Target Company Information - Chongqing Peak Double Gorge Tourism Co., Ltd. has a registered capital of 500 million yuan and was established on May 12, 2022 [9][10] - The company is not a dishonest executor [10] Financial Assessment - The total equity of Peak Double Gorge was assessed at 11.7592 million yuan as of December 31, 2024, using both asset-based and income approaches, with the income approach being the final conclusion [11] Pricing Basis - The public listing price for the 35% stake was 4.11572 million yuan, with the company’s 5% stake priced at 587,960 yuan [12] Contractual Details - The contract stipulates that the total payment for the stake will be made in one lump sum, with specific payment timelines and conditions outlined [17][20] Purpose and Impact of the Transaction - The acquisition aligns with the company's strategic goal of becoming a leader in China's inland cruise tourism and is a significant step in enhancing its tourism industry layout [24] - The transaction will not adversely affect the company's daily operations and is expected to enhance shareholder value [25]

Core Viewpoint - The company, Three Gorges Tourism, has formed a consortium with Chongqing Wushan Cultural Tourism Group to acquire a 35% stake in Chongqing Pinnacle Double Gorge Tourism Co., Ltd. through a public bidding process, enhancing its shareholder rights in the company [1] Group 1: Transaction Details - The total acquisition price for the stake is 4.11572 million yuan, with Three Gorges Tourism acquiring 5% for 587,960 yuan and Wushan Cultural Tourism acquiring 30% for 3.52776 million yuan [1] - Post-transaction, the shareholding structure of Pinnacle Double Gorge will be Three Gorges Tourism 40%, Wushan Cultural Tourism 30%, and Chijia Cultural Tourism 30% [1] Group 2: Strategic Implications - This transaction allows Three Gorges Tourism to strengthen its equity position in Pinnacle Double Gorge, while Wushan Cultural Tourism's entry as a shareholder is expected to promote the collaborative development of tourism resources in Wushan and Fengjie [1] - The acquisition is anticipated to accelerate the operational launch of Pinnacle Double Gorge products [1]

智通财经APP讯，三峡旅游(002627.SZ)发布公告，近日，公司与重庆巫山文旅集团有限公司(以下简 称"巫山文旅")组成联合体，通过公开摘牌方式受让万州汽运所持重庆巅峰双峡旅游有限公司(以下简 称"巅峰双峡公司")35%股权(以下简称"本次交易")，受让价格合计411.572万元，其中公司受让5%股 权，受让价格58.796万元;巫山文旅受让30%股权，受让价格352.776万元。本次交易完成后，巅峰双峡 公司的股东构成及股权比例变更为：三峡旅游40%，巫山文旅30%，赤甲文旅30%。 通过本次交易，公司将进一步加大对巅峰双峡公司的股东权益。同时，巫山文旅通过股权受让成为巅峰 双峡公司的股东，将有效促进巫山、奉节两地旅游资源的协同发展，加快推进巅峰双峡产品投入运营。 ...

证券代码：002627 证券简称：三峡旅游 公告编号：2025-052 湖北三峡旅游集团股份有限公司 关于以公开摘牌方式联合受让参股公司股 权的公告 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。 一、交易概述 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 2022 年参与设立重庆巅峰双峡旅游有限公司（以下简称"巅峰双峡 公司"），拟经营奉节至巫山水路旅游船线路及相关配套服务。截至 目前，巅峰双峡公司股权结构为：三峡旅游持股 35%，重庆市万州汽 车运输（集团）有限责任公司（以下简称"万州汽运"）持股 35%，重 庆市赤甲旅游文化创意开发集团有限责任公司（以下简称"赤甲文旅"） 持股 30%。 近日，公司与重庆巫山文旅集团有限公司（以下简称"巫山文旅"） 组成联合体，通过公开摘牌方式受让万州汽运所持重庆巅峰双峡旅游 有限公司（以下简称"巅峰双峡公司"）35%股权（以下简称"本次交易"）， 受让价格合计 411.572 万元，其中公司受让 5%股权，受让价格 58.796 万元；巫山文旅受让 30%股权，受让价格 352.776 万元。本次 ...

近日，公司与重庆巫山文旅集团有限公司（简称"巫山文旅"）组成联合体，通过公开摘牌方式受让万州 汽运所持重庆巅峰双峡旅游有限公司（简称"巅峰双峡公司"）35%股权，受让价格合计411.572万元，其 中公司受让5%股权，受让价格58.796万元；巫山文旅受让30%股权，受让价格352.776万元。本次交易 完成后，巅峰双峡公司的股东构成及股权比例变更为：三峡旅游40%，巫山文旅30%，赤甲文旅30%。 格隆汇10月10日丨三峡旅游（维权）(002627.SZ)公布，公司于2022年参与设立重庆巅峰双峡旅游有限 公司（简称"巅峰双峡公司"），拟经营奉节至巫山水路旅游船线路及相关配套服务。截至目前，巅峰双 峡公司股权结构为：三峡旅游持股35%，重庆市万州汽车运输（集团）有限责任公司（简称"万州汽 运"）持股35%，重庆市赤甲旅游文化创意开发集团有限责任公司（简称"赤甲文旅"）持股30%。 ...

近日，湖北三峡旅游集团股份有限公司与重庆巫山文旅集团有限公司组成联合体，以411.572万元公开 摘牌受让重庆市万州汽车运输（集团）有限责任公司所持重庆巅峰双峡旅游有限公司35%股权。其中， 三峡旅游受让5%，价格58.796万元；巫山文旅受让30%，价格352.776万元。交易完成后，三峡旅游持 股升至40%。本次交易不构成关联和重大资产重组，所需资金为自有资金，不会影响日常经营。这是三 峡旅游深化旅游产业布局举措，将加大股东权益，促进两地旅游资源协同发展。 ...

每经AI快讯，三峡旅游（002627.SZ）10月10日在投资者互动平台表示，根据深圳证券交易所的相关规 定，季度业绩预告非强制披露事项。公司三季报的预约披露时间为2025年10月28日，具体业绩情况请以 公司届时披露的定期报告为准。 （文章来源：每日经济新闻） ...

Core Insights - The 2025 Mid-Autumn and National Day holiday saw record-high travel volume and tourism revenue, but the average spending per trip did not increase significantly [1][2] - There is a notable shift towards self-driving tourism and staggered travel patterns, with a significant increase in non-commercial small vehicle usage [2] - The retail and dining sectors experienced stable growth during the holiday, driven by policies encouraging consumption and rising gold prices [4] Group 1: Travel and Tourism Trends - During the 2025 holiday, 888 million domestic trips were made, an increase of 123 million trips compared to 2024, with total spending reaching 809 billion yuan, up 108.2 billion yuan [1] - Daily average travel volume was 111 million trips, a 1.6% increase year-on-year, while daily average spending was 101.1 billion yuan, a 1% increase [1] - The peak travel flow occurred on the third day of the holiday for outbound trips and the seventh day for return trips, indicating a trend towards staggered travel [2] Group 2: Scenic Spots and Consumer Behavior - Key scenic areas maintained growth above the industry average, with the Yangtze River Three Gorges cruise products experiencing high demand, leading to sold-out tickets during the holiday [3] - The average passenger load factor for cruises was 81.6%, a 9.1 percentage point increase from the previous year [3] - The retail and dining sectors saw a 2.7% year-on-year increase in sales, with significant growth in energy-efficient appliances and smart home products [4] Group 3: Investment Opportunities - Companies to watch include Sanxia Tourism, Xiangyuan Cultural Tourism, Jiuhua Tourism, Huangshan Tourism, Huazhu, Atour, and China Duty Free [5]