证券日报网讯宋城演艺（300144）9月8日在互动平台回答投资者提问时表示，公司所得税费用同比增加 主要系报告期内有个别公司不再享受企业所得税税收优惠政策的影响。 ...

Core Viewpoint - Songcheng Performance (300144) emphasizes its commitment to innovation in performance products based on market demand changes, leveraging both internal creative teams and external collaborations to enhance its content offerings [1] Group 1 - The company has its own artistic creation team that innovates performance products annually [1] - It actively collaborates with external excellent teams to introduce innovative ideas and high-quality content [1] - The company has established a mature content production mechanism over years of practice, effectively balancing the need for continuous content renewal in scenic areas with reasonable cost control [1]

Core Viewpoint - Songcheng Performance (300144) reported that as of August 29, 2025, the total number of shareholders, including credit accounts, is 88,130 [1] Summary by Category - **Company Information** - The total number of shareholders for Songcheng Performance, including credit accounts, is projected to be 88,130 by August 29, 2025 [1]

证券日报网讯宋城演艺（300144）9月8日在互动平台回答投资者提问时表示，公司暂无除门票以外的带 货业务。 ...

Group 1 - The company Songcheng Performance (300144) announced on September 8 that after the opening of the Three Gorges project, it will be entrusted to manage the operation for a period of ten years [1] - The other receivables mentioned are related to the management fees for the entrusted operation of the Three Gorges project after its opening [1]

证券日报网讯 宋城演艺（300144）9月8日在互动平台回答投资者提问时表示，公司深耕文旅行业近三 十年，独创"主题公园+文化演艺"的经营模式，并经过不断探索和实践建立起自己的核心竞争力，公司 将在日常经营中充分发挥自身的政策优势、模式优势、占位优势、创意优势、运营优势、科技优势、平 台优势、品牌优势。公司立足中长期高质量可持续发展，深度聚焦演艺主业，不断丰富演出内容，提升 景区品质，稳固并不断提升市场份额和行业地位。 ...

Group 1 - The company has indicated that the Shanghai Qian Guqing project has turned profitable in the first half of this year [2] - The company aims to achieve profitability for the entire year [2]

Group 1 - The company has received other receivables related to "Hubei Jiaotou Xunlong Bay," specifically project management fees [2] - After the opening of the Three Gorges project, the company has been entrusted with the operation and management of the project for a period of ten years [2] - The other receivables are classified as project management fees following the opening of the Three Gorges project [2]

Group 1 - The tourism and scenic spots sector increased by 0.25% on September 5, with Xiyu Tourism leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] - Xiyu Tourism's stock price rose by 6.98% to 47.35, with a trading volume of 221,100 shares and a transaction value of 1.007 billion [1] Group 2 - The sector experienced a net outflow of 546 million from main funds, while retail investors saw a net inflow of 414 million [2] - The top gainers included Lingnan Holdings and Zhongxin Tourism, with increases of 4.77% and 4.65% respectively [1] - The top losers included Tibet Tourism, which fell by 8.48%, and Changzi Mountain, which decreased by 5.27% [2] Group 3 - Xiyu Tourism had a net inflow of 71.1 million from main funds, while retail investors had a net outflow of 44.3 million [3] - Zhongxin Tourism also saw a net inflow of 63.9 million from main funds, with a significant outflow from retail investors [3] - The overall trend indicates a mixed sentiment among different investor types within the tourism sector [2][3]

Core Insights - The tourism and performance industry is facing significant challenges, with many companies reporting declining performance metrics and increased operational costs [2][3][15] - The project "Only Emei Mountain" has been suspended due to ongoing losses, highlighting the difficulties faced by large-scale cultural tourism projects [3][11][15] Company Performance - Song City Performing Arts reported a 27.4% decrease in net profit for the first half of 2025, with total revenue down 8.3% to 1.08 billion yuan [4][5] - The company’s cultural tourism performance saw a revenue drop of 35.01%, while its major projects experienced varying degrees of revenue decline [5][7] - Fengshang Culture's revenue decreased by 1.79%, with a significant drop in net profit by 33.56%, while its cultural tourism segment saw a 35.01% revenue decline [7] - Sanxiang Impression's revenue fell by 37.37%, with a 50.32% drop in net profit, indicating a struggle in the cultural performance sector [8] Industry Trends - The industry is witnessing a shift from capital-intensive models to a focus on content and efficiency, as companies face increased competition and changing consumer preferences [15][14] - Many companies are exploring the integration of AI and new technologies to enhance their offerings, although these initiatives are still in the early stages [8][9] - The overall sentiment in the tourism market remains cautious, with companies emphasizing the need for innovation and differentiation in their cultural offerings [13][14]