Group 1 - The core viewpoint of the article is that Zhongxin Tourism has established three subsidiaries in Hainan and is actively engaging in tourism-related businesses in the region [1] - The company plans to continuously monitor policy information in Hainan and is focused on expanding its local business operations [1] - Zhongxin Tourism aims to seize long-term development opportunities in Hainan [1]

Core Insights - The report by Zhongxin Tourism indicates a surge in travel demand as the year-end paid leave deadline approaches, with New Year product bookings reaching 90%, signaling an early peak in the travel market [1] Group 1: Travel Trends - Short-haul vacation trips are favored due to warm climates, convenient flights, and visa-free policies, with outbound travel numbers increasing by 58% compared to last year [1] - Destinations like the UAE and Egypt have seen a 60% increase in outbound travel, while long-haul destinations such as Australia and New Zealand have experienced a remarkable 310% growth [1] - European travel has also seen a significant rise, with a 178% increase in travelers compared to the previous year [1] Group 2: Domestic Travel Preferences - Domestic travel preferences are shaped by diverse climates and scenic resources, with Hainan, Yunnan, Xinjiang, and Northeast China emerging as popular destinations for different types of travelers [1] Group 3: Demographics and Market Dynamics - The year-end travel demand is notably younger, with individuals aged 25 to 35 becoming the primary demographic for New Year travel and group trips [2] - There is a 40% increase in inquiries and bookings for customized group travel from corporate clients, with group sizes typically ranging from 30 to 50 people [2] - The report highlights two core trends among young travelers: "snow tourism" and "winter escape tourism," with popular destinations including Changbai Mountain and Sanya [2]

Macro Dynamics - Beijing has issued the first batch of L3-level highway autonomous vehicle special license plates, marking a significant milestone in the country's autonomous driving era. The "conditionally automated driving" feature is currently limited to specific highway sections in Beijing [2] - The State Administration for Market Regulation will soon implement strict regulations on food safety responsibilities for live-streaming e-commerce operators, establishing clear guidelines and penalties for non-compliance [3][4] - By 2026, China plans to build over 10,000 charging guns in highway service areas, with at least 25% being high-power chargers, to enhance electric vehicle charging infrastructure [5] - The Chinese Foreign Ministry has expressed strong opposition to the U.S. adding DJI drones to a restricted list, criticizing the discriminatory practices against Chinese companies [6] - A radioactive water leak occurred at a decommissioned nuclear reactor in Japan, potentially exposing several individuals to radiation [7] Financial Institutions - Hangzhou Bank plans to issue financial bonds not exceeding 40 billion RMB, with a maturity of up to 10 years [8] - The CEO of Bank of America highlighted the increasing impact of AI investments on the U.S. economy, suggesting that AI will play a significant role in future economic contributions [9] Market Data - On December 23, the market experienced a pullback after an initial rise, with the Shanghai Composite Index up by 0.07% and the Shenzhen Component Index up by 0.27%. New stocks listed on the same day saw significant gains [10] - As of December 22, the total margin balance in the two markets increased by 12.534 billion RMB, indicating a growing interest in leveraged trading [11] - The Hong Kong Hang Seng Index closed down by 0.11%, with notable movements in gold stocks and declines in certain tech stocks [12] Company Dynamics - Oriental Yuhong reported that its U.S. subsidiary fell victim to a telecom fraud involving approximately 12.118 million RMB, but the incident is not expected to significantly impact the company's operations [13] - Zhongxin Tourism has established three subsidiaries in Hainan and is actively expanding its tourism-related business in the region [14] - Haohai Biological Technology's controlling shareholder was fined 14.6292 million RMB for insider trading, but this will not affect the company's daily operations [15][16] - The co-founder of the game "Call of Duty," Vince Zampella, tragically passed away in a car accident [17] - Jiangbolong indicated that rising prices of storage wafers would positively impact the company's gross margin, supported by long-term supply agreements with major wafer manufacturers [18]

人民财讯12月23日电，12月23日，众信旅游（002707）发布的《2026元旦放假趋势报告》显示，随着年 底带薪休假截止点的临近，叠加元旦假期临近等，"销假游"、"拼假游"、"团建游"需求集中释放，众信 旅游元旦出游产品预定已达90%，旅游市场提前迎来年底出游热潮。 ...

Group 1 - The company has established three subsidiaries in Hainan and is engaged in tourism-related businesses in the region [1] - The company will continue to monitor policy information in Hainan and actively explore local business opportunities [1] - The focus is on long-term development opportunities in Hainan [1]

12月23日，众信旅游盘中下跌2.09%，截至13:59，报7.04元/股，成交1.22亿元，换手率2.08%，总市值 69.18亿元。 资金流向方面，主力资金净流出1691.03万元，特大单买入134.54万元，占比1.10%，卖出478.67万元， 占比3.92%；大单买入2130.42万元，占比17.44%，卖出3477.32万元，占比28.46%。 资料显示，众信旅游集团股份有限公司位于北京市朝阳区朝阳公园路8号西2门01号，成立日期1992年8 月11日，上市日期2014年1月23日，公司主营业务涉及出境游批发、出境游零售及整合营销服务。主营 业务收入构成为：旅游批发76.66%，旅游零售13.76%，整合营销服务9.01%，其他行业产品0.56%。 众信旅游所属申万行业为：社会服务-旅游及景区-旅游综合。所属概念板块包括：旅游酒店、在线旅 游、电子商务、冰雪产业、免税概念等。 截至9月30日，众信旅游股东户数6.53万，较上期减少8.27%；人均流通股12630股，较上期增加9.01%。 2025年1月-9月，众信旅游实现营业收入52.41亿元，同比增长10.96%；归母净利润6701.86万元， ...

Core Insights - The 2026 Spring Festival holiday will last for 9 days, leading to a significant increase in outbound travel compared to 2025, with hotel bookings for popular destinations more than doubling [3][5]. - Popular outbound destinations include Thailand, South Korea, and Malaysia, with a notable rise in long-distance travel to places like Norway and New Zealand, where hotel bookings increased by 1.5 times and 2 times respectively [3][5]. - The trend of segmented travel is emerging, with many travelers opting to return home before heading abroad, resulting in two peaks of outbound travel during the holiday [3]. Travel Trends - Popular low-cost destinations for outbound travel include Vietnam, South Korea, Indonesia, Thailand, and Malaysia, with one-way tickets priced below 1500 yuan [4]. - Long-distance destinations such as Egypt, Spain, Australia, Turkey, and Portugal have seen hotel bookings increase by over 2 times, with Egypt leading at a 3.3 times increase [5]. - The age group of 23 to 40 years old constitutes over 55% of outbound travelers, with the 31 to 40 age group showing a 90% increase in travel intent [6]. Market Impact - The surge in travel demand has positively impacted tourism stocks, with companies like China Youth Travel (5.02% increase), Zhongxin Tourism (1.85% increase), and China Duty Free (8.25% increase) seeing significant stock price rises [8]. - The cruise industry is adapting to changes in travel patterns, with many routes originally planned for Japan being redirected to South Korea, reflecting a shift in consumer preferences [8].

Core Viewpoint - The Central Economic Work Conference emphasizes the importance of domestic demand, innovation-driven growth, and international cooperation, aligning with the development needs of the tourism industry [1][2]. Group 1: Company Strategy - Company Chairman Feng Bin states that the conference's directives on expanding cultural and tourism consumption, enhancing inbound tourism quality, and upgrading the industry are in line with the industry's development needs [1]. - The company plans to focus on three core areas to implement the conference's directives, including innovation in domestic and outbound tourism products and service upgrades [1][2]. Group 2: Product and Service Innovation - The company will continue to enhance domestic tourism product innovation and service upgrades, launching distinctive products like "My World Puzzle" and "Zhongxin Manufacturing" to improve the quality of tourist experiences [1]. - The company is committed to advancing technology and standardization in the tourism sector, utilizing AI and VR technologies to foster high-quality development [1]. Group 3: Inbound Tourism Focus - The company aims to reshape the "China Service" brand by focusing on "convenience" and "internationalization" in the inbound tourism market, introducing international halal-friendly hotel certification standards by 2025 [2]. - The company will actively contribute to expanding cultural and tourism consumption, promoting international exchanges, and nurturing new industrial momentum in alignment with the Central Economic Work Conference's spirit [2].

Core Viewpoint - The current tourism retail sector is characterized by a "relatively dispersed and low concentration" market structure, which presents challenges for growth and development [1] Group 1: Company Developments - ZHONGXIN Tourism Group's Vice President, Cao Jian, highlighted the need for a unique development model for its core retail brand, ZHONGXIN Youyou [1] - Since securing 50 million yuan in Pre-A round financing in 2024, ZHONGXIN Youyou has established over 2,500 tourism stores across 22 provinces and municipalities [1]

（编辑 丛可心） 证券日报网讯 12月10日晚间，众信旅游发布公告称，非独立董事付必鹏因个人原因申请辞去公司第六 届董事会非独立董事职务，辞职后不再担任公司任何职务；董事会提名周晓晨为非独立董事候选人，任 期自股东会审议通过之日起至第六届董事会届满。 ...