Financial Performance - The company's operating revenue for the first half of 2022 was ¥26,260,811.54, a decrease of 63.86% compared to ¥72,669,722.13 in the same period last year[22]. - The net profit attributable to shareholders was a loss of ¥20,531,381.76, representing a decline of 217.13% from a profit of ¥17,528,098.13 in the previous year[22]. - The net cash flow from operating activities was negative at ¥4,580,132.99, a decrease of 110.57% compared to ¥43,327,272.48 in the same period last year[22]. - Basic and diluted earnings per share were both -¥0.13, down 218.18% from ¥0.11 in the previous year[23]. - Total assets decreased by 8.66% to ¥670,337,948.44 from ¥733,900,166.25 at the end of the previous year[23]. - Net assets attributable to shareholders decreased by 5.66% to ¥600,602,324.24 from ¥636,633,706.00 at the end of the previous year[23]. - The company reported a total revenue of 23,669 million RMB for the first half of 2022[49]. - The company reported a total revenue of 1,952,299 thousand with a net profit of 3,784,089 thousand for the period[57]. - The total comprehensive income for the first half of 2022 was a loss of ¥20,877,244.42, compared to a profit of ¥17,451,083.97 in the first half of 2021[129]. - The total comprehensive income for the first half of 2022 was 531.38 million yuan, a decrease of 20% compared to the previous period[142]. Impact of COVID-19 - The impact of the COVID-19 pandemic on the tourism industry remains significant, with ongoing uncertainties affecting future operations[3]. - In the first half of 2022, the company experienced a 68% year-over-year decline in visitor reception due to ongoing pandemic impacts[30]. - The tourism market began to recover in late June 2022 as pandemic control measures were optimized, although uncertainty remains due to potential future outbreaks[30]. - The ongoing COVID-19 pandemic continues to pose uncertainties for the tourism industry, affecting future operations[59]. Business Strategy and Operations - The company is focusing on risk management strategies in response to the pandemic's impact on its business[3]. - The company has undergone changes in its business scope, including the addition of digital content production services[22]. - The company has developed a comprehensive tourism business chain, leveraging its unique natural resources and competitive market position in Xinjiang[29]. - The company plans to optimize its tourism business layout and enhance service capabilities to mitigate financial risks[58]. - The company aims to improve operational efficiency and explore new projects to strengthen its core competitiveness against pandemic challenges[59]. - The company plans to purchase 30 new energy buses for the Tianshan Tianchi scenic area, with 20 already acquired and 10 pending[49]. - The company is exploring potential mergers and acquisitions to enhance its market share and competitive advantage[145]. Financial Management and Investments - The company has not reported any issues or other circumstances regarding the use and disclosure of raised funds[50]. - The company has established a harmonious labor relationship through regular health check-ups and employee feedback mechanisms[70]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[75]. - The company has not reported any violations regarding external guarantees during the reporting period[76]. - The company signed a financing lease contract with China Merchants Jinling Leasing Co., Ltd. for a total lease amount of RMB 112,420,438.00, with a financing amount of RMB 100,000,000.00[92]. - The company has fully repaid the financing lease amount by May 27, 2022[93]. - The company has approved the use of up to 80 million RMB of idle funds for cash management, investing in high-security, liquid financial products[50]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,878[105]. - The largest shareholder, Xinjiang Tianchi Holdings Co., Ltd., holds 38.25% of the shares, totaling 59,287,500 shares[105]. - The second-largest shareholder, Xin Tian Guo Ji Technology Co., Ltd., holds 24.88% of the shares, totaling 38,559,663 shares[105]. - There were no changes in the number of shares held by major shareholders during the reporting period[104]. Compliance and Governance - The company emphasizes strict compliance with labor laws, ensuring employee rights and establishing a stable labor relationship[70]. - The company has implemented a management system for information disclosure, ensuring accurate and timely communication with investors[71]. - The company has not experienced any bankruptcy restructuring or significant financial irregularities[78]. - The financial statements are prepared based on the accounting standards issued by the Ministry of Finance and reflect the company's financial position as of June 30, 2022[165]. Asset Management - The company's cash and cash equivalents accounted for 32.00% of total assets, down from 35.34% at the end of the previous year, reflecting a decline in liquidity[39]. - The company's total assets at the end of the reporting period were 654.5 million yuan, demonstrating growth in asset base[149]. - The company's equity attributable to owners was 65.64 million yuan, maintaining a solid equity structure[148].

证券代码：300859 证券简称：西域旅游 公告编号：2022-032 西域旅游开发股份有限公司 关于参加 2022 年新疆辖区投资者网上集体接待日暨上市公 司业绩说明会活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 为便于广大投资者更深入全面了解公司情况、发展战略、经营状况、融资 计划、可持续发展等投资者所关心的问题，公司定于2022年6月24日参加由新 疆上市公司协会联合深圳市全景网络有限公司组织开展的2022年新疆辖区上 市公司投资者网上集体接待日活动。现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取 网络远程的方式举行，投资者可登陆全景网"投资者关系互动平台"网站 （https://ir.p5w.net）或关注微信公众号：全景财经（p5w2012），参与公 司本次投资者集体接待日活动，活动时间为2022年6月24日（星期五）下午 15:20-17:30分。 出席本次集体接待日的人员有：公司董事、总经理李新萍；董事、财务总 监戴金亚；董事会秘书杨晓红（如有特殊情况，参会人员会有调整）。 欢迎广大投资者积 ...

Financial Performance - The company's operating revenue for Q1 2022 was ¥5,113,087.93, a decrease of 48.34% compared to ¥9,896,963.27 in the same period last year[3] - The net profit attributable to shareholders was -¥17,566,188.14, representing a decline of 72.15% from -¥10,203,880.00 year-on-year[3] - The net cash flow from operating activities was -¥12,863,520.55, a significant drop of 314.79% compared to -¥3,101,193.60 in the previous year[3] - The company reported a basic earnings per share of -¥0.11, a decrease of 57.14% from -¥0.07 in the same period last year[3] - The net profit for the first quarter of 2022 was -17,819,258.82 CNY, compared to -10,459,357.00 CNY in the same period last year, representing a decline of approximately 70.5%[19] - Operating profit for the first quarter was -17,870,673.80 CNY, worsening from -9,102,897.74 CNY year-over-year[19] - Total comprehensive income for the first quarter was -17,819,258.82 CNY, compared to -10,459,357.00 CNY in the same period last year, indicating a decline of about 70.5%[20] Revenue and Costs - Total operating revenue for Q1 2022 was CNY 5,113,087.93, a decrease of 48% compared to CNY 9,896,963.27 in the same period last year[18] - Total operating costs increased to CNY 23,199,746.01, up from CNY 19,453,229.04 in the previous year[18] - Cash received from sales and services was ¥6,056,076.80, down 40.20% from ¥10,127,876.48 in the previous year[8] - Total revenue from sales and services received was 6,056,076.80 CNY, down from 10,127,876.48 CNY in the previous year, indicating a decrease of about 40.8%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥708,088,217.58, down 3.52% from ¥733,900,166.25 at the end of the previous year[3] - Cash and cash equivalents at the end of Q1 2022 were CNY 242,357,002.27, down from CNY 259,344,056.37 at the beginning of the year[14] - Accounts receivable decreased to CNY 682,696.76 from CNY 1,828,483.77 at the beginning of the year, indicating improved cash flow management[14] - Total assets decreased to CNY 708,088,217.58 from CNY 733,900,166.25 at the beginning of the year[16] - Total liabilities decreased to CNY 89,492,781.81 from CNY 97,493,689.46, reflecting a reduction in financial obligations[16] Management and Expenses - Management expenses increased by 34.74% to ¥7,078,682.18 due to higher wages and social security costs[7] - The company incurred management expenses of 7,078,682.18 CNY, which increased from 5,253,574.22 CNY year-over-year, representing a rise of approximately 34.7%[19] - Financial expenses included interest expenses of 631,439.44 CNY, down from 976,486.11 CNY in the previous year, a decrease of about 35.3%[19] - The company reported other income of 200,848.98 CNY, down from 319,920.15 CNY year-over-year, indicating a decline of approximately 37.1%[19] Business Strategy and Outlook - The decline in revenue was attributed to the resurgence of COVID-19, which led to a drop in tourist numbers and cross-province travel restrictions[7] - The company is focusing on enhancing the efficiency of tourism resource utilization at Tianchi Scenic Area amid ongoing pandemic challenges[12] - The company aims to expand its business layout and cultivate new growth points for high-quality development post-pandemic[12] - The company reported a significant reduction in employee compensation liabilities, from CNY 5,646,902.84 to CNY 1,534,734.12, indicating cost-cutting measures[15] - The company has not disclosed any new product or technology developments in this report[12]

Financial Performance - The company's operating revenue for 2021 was CNY 149,448,023, representing a 191.96% increase compared to CNY 51,187,079.63 in 2020[19]. - The net profit attributable to shareholders for 2021 was CNY 26,950,982.41, a 162.30% increase from a loss of CNY 43,256,564.36 in 2020[19]. - The net cash flow from operating activities reached CNY 66,403,814, marking a 350.05% increase from a negative cash flow of CNY 26,556,395.92 in 2020[19]. - The basic earnings per share for 2021 was CNY 0.17, compared to a loss of CNY 0.33 per share in 2020, reflecting a 151.52% improvement[19]. - The total revenue for the tourism industry in 2021 was 82,301,664.80 CNY, representing a year-on-year increase of 62.39% compared to 50,680,925.92 CNY in 2020[48]. - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2021, representing a year-over-year increase of 15%[121]. - The company reported a significant increase in total revenue, reaching approximately 1.2 billion yuan, representing a year-over-year growth of 25%[181]. Assets and Liabilities - The total assets at the end of 2021 were CNY 733,900,166.25, showing no significant change from CNY 733,902,588.42 at the end of 2020[19]. - The company’s total assets as of December 31, 2021, were 733.90 million yuan, with a debt-to-asset ratio of 13.28%[36]. - The company’s total assets increased to 2.5 billion RMB, reflecting a growth of 20% compared to the previous fiscal year[121]. Cash Flow and Investments - Operating cash inflows totaled 168,123,248.36 CNY in 2021, a significant increase of 198.25% from 56,370,466.78 CNY in 2020[57]. - Investment cash inflows reached 86,065,439.94 CNY in 2021, a dramatic rise of 20,043.48% from 427,261.95 CNY in 2020[57]. - The company’s cash and cash equivalents increased by 5.23% to 91,223,426.75 CNY in 2021, compared to 86,688,167.51 CNY in 2020[57]. - The company plans to invest 100 million yuan in research and development for new technologies over the next year[182]. Tourism Industry Insights - Domestic tourism in China reached 3.246 billion trips in 2021, an increase of 12.7% compared to the previous year, recovering to 54% of pre-pandemic levels[30]. - The total domestic tourism revenue was 2.92 trillion yuan in 2021, reflecting a growth of 31% year-on-year, but only 51% of the revenue from 2019[30]. - The company operates 237 vehicles for passenger transport in the Tianshan Tianchi scenic area, which is a core part of its business model[33]. - The company anticipates a stronger recovery in the tourism sector as domestic pandemic conditions improve, with a focus on high-quality tourism services[31]. Operational Efficiency and Cost Management - Direct labor costs increased by 60.03% to 34,663,244.84 CNY in 2021, up from 21,660,917.48 CNY in 2020[48]. - Depreciation and amortization expenses rose by 42.90% to 26,842,871.59 CNY in 2021, attributed to new vehicle depreciation and the amortization of operating rights[51]. - Energy and power costs surged by 109.25% to 6,198,578.17 CNY in 2021, driven by increased visitor numbers and operational needs[51]. - The company aims to reduce operational costs by 10% through efficiency improvements and technology upgrades in the upcoming year[166]. Governance and Management - The company has established a governance structure that complies with relevant laws and regulations, ensuring transparency and accountability in its operations[92]. - The company has implemented a performance evaluation and incentive mechanism for its management team to promote fair and transparent practices[94]. - The company reported a significant leadership change with the appointment of Zhu Shengchun as the new chairman, replacing Wu Keniang[104]. - The company has a diverse board with members having extensive backgrounds in finance, law, and management, enhancing its governance structure[108]. Shareholder Relations and Dividends - The company plans to distribute a cash dividend of CNY 1.00 per 10 shares, totaling CNY 15,500,000 based on 155,000,000 shares[7]. - The cash dividend amount for the current year is 15,500,000.00 CNY, which represents 100% of the total profit distribution[142]. - The company has committed to fulfilling all public commitments made during its initial public offering and will accept social supervision[174]. Future Outlook and Strategic Initiatives - The company provided a forward guidance of 10% revenue growth for the upcoming fiscal year, projecting revenues to reach approximately 1.32 billion RMB[121]. - The company is considering strategic acquisitions to enhance its service offerings, with a budget of 300 million RMB allocated for potential targets[121]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[178]. - The management emphasized the importance of maintaining investor confidence and outlined measures to protect investor interests[177]. Employee and Community Engagement - The company has established a comprehensive human resources management system to protect employee rights, including regular health check-ups every two years[155]. - The company has committed to poverty alleviation by providing support to 102 households of herders displaced by heritage site relocation[155]. - The company maintains a harmonious labor relationship by actively listening to employee opinions through the labor union committee[155]. Environmental and Social Responsibility - The company emphasizes environmental protection by updating scenic area electric vehicles and constructing electric boats to enhance sustainable tourism[156]. - The company is committed to creating social value and fulfilling its responsibilities as a state-owned enterprise in poverty alleviation efforts[155].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥68,255,136.93, representing a 495.64% increase compared to the same period last year[3] - Net profit attributable to shareholders was ¥31,149,224.25, up 384.70% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥29,586,502.71, reflecting a 356.70% increase from the previous year[3] - The basic earnings per share for the period was ¥0.20, an increase of 385.71% compared to the same period last year[3] - Cash flow from operating activities for the year-to-date reached ¥86,688,073.01, a significant increase of 579.42%[3] - Total operating revenue for Q3 2021 reached ¥140,924,859.06, a significant increase from ¥30,559,014.69 in the same period last year[22] - Operating profit for the quarter was ¥55,135,442.87, compared to a loss of ¥34,619,895.73 in Q3 2020[22] - Net profit for Q3 2021 was ¥48,935,351.79, recovering from a net loss of ¥35,071,061.25 in the previous year[23] - Earnings per share for the quarter were ¥0.31, a turnaround from a loss of ¥0.29 per share in Q3 2020[24] - The company reported a total profit of ¥53,949,001.64 for the quarter, recovering from a loss of ¥34,639,934.84 in Q3 2020[23] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥760,708,145.31, a 3.65% increase from the end of the previous year[4] - Total assets as of September 30, 2021, amounted to CNY 760,708,145.31, an increase from CNY 733,902,588.42 at the end of 2020[18] - Cash and cash equivalents increased to CNY 280,094,732.46 from CNY 172,766,021.70 year-over-year[18] - Total current assets reached CNY 286,497,118.77, up from CNY 262,087,143.66 in the previous year[19] - Long-term equity investments rose to CNY 88,558,632.67 compared to CNY 67,387,225.21 at the end of 2020[19] - Total liabilities decreased to ¥102,364,077.43 from ¥124,493,872.33 year-over-year[20] - The total cash and cash equivalents at the end of the period reached ¥279,431,931.00, up from ¥246,673,460.40 in the previous year, indicating a net increase of ¥111,974,605.46[26] - The total liabilities were reported at ¥124,493,872.33, with current liabilities accounting for ¥45,129,836.41[30] - The company's equity attributable to shareholders was ¥609,635,543.24, reflecting a stable financial position[31] Cash Flow - Cash flow from operating activities generated ¥86,688,073.01, compared to a negative cash flow of ¥18,082,003.51 in the same quarter last year[25] - The total cash inflow from operating activities was ¥161,570,726.05, significantly higher than ¥31,969,193.03 in the same period last year[25] - The net cash flow from investment activities was ¥44,722,741.15, a significant improvement compared to the previous year's negative cash flow of ¥76,268,508.62[26] - The cash inflow from financing activities totaled ¥281,694,700.00, while cash outflow was ¥19,436,208.70, resulting in a net cash flow of -¥19,436,208.70 from financing activities[26] Shareholder Information - The top shareholder, Xinjiang Tianchi Holdings Co., Ltd., holds 38.25% of shares, totaling 59,287,500 shares[12] - The company reported a total of 10,279 common stock shareholders at the end of the reporting period[11] - The total number of restricted shares at the beginning of the period was 116,250,000, with no new restricted shares added during the period[15] Risks and Challenges - The company faced significant risks from the COVID-19 pandemic, impacting operational performance in Q3 2021 due to localized outbreaks[16] - The company’s stock has been under delisting risk since April 28, 2021, which could lead to termination of trading if certain conditions are met[16] Other Information - The company reported a total investment of ¥20 million in Xinjiang Tianshan Tianchi Tianyung City Tourism Co., Ltd. during the reporting period[9] - The company experienced a 361.16% increase in operating revenue year-to-date, totaling ¥140,924,859.06, attributed to the stabilization of the pandemic and an increase in tourist numbers[9] - The company’s financial expenses decreased by 162.09% to -¥1,404,312.36 due to interest income from raised funds[9] - The company’s cash received from sales and services increased by 423.58% to ¥150,024,651.56, driven by higher tourist numbers and revenue[9] - The company’s inventory decreased slightly to CNY 1,005,821.37 from CNY 1,052,217.08 year-over-year[19] - The report for the third quarter was not audited, which may affect the reliability of the financial data presented[32] - The company has not disclosed any new product developments or market expansion strategies in this report[32]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥72,669,722.13, representing a 280.47% increase compared to ¥19,099,912.43 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2021 was ¥17,528,098.13, a significant turnaround from a loss of ¥23,599,985.79 in the previous year, marking a 174.27% improvement[21]. - The net cash flow from operating activities reached ¥43,327,272.48, compared to a negative cash flow of ¥18,421,147.95 in the same period last year, reflecting a 335.20% increase[21]. - Basic earnings per share for the first half of 2021 were ¥0.11, compared to a loss of ¥0.20 per share in the previous year, indicating a 155.00% improvement[21]. - The company reported a net profit after deducting non-recurring gains and losses of ¥17,644,912.83, compared to a loss of ¥25,219,887.28 in the same period last year, marking a 169.96% improvement[21]. - The total operating revenue for the first half of 2021 was CNY 72,669,722.13, a significant increase from CNY 19,099,912.43 in the same period of 2020, representing a growth of approximately 280%[139]. - The total operating costs for the first half of 2021 were CNY 55,137,406.67, compared to CNY 44,820,442.27 in the first half of 2020, indicating an increase of about 23%[139]. - The net profit for the first half of 2021 was CNY 17,451,083.97, a turnaround from a net loss of CNY 23,956,379.09 in the same period of 2020[141]. - The total comprehensive income for the first half of 2021 was 18,718,659.16 CNY, showing a significant recovery from a net loss of 17,369,937 CNY in the same period of 2020[165]. Assets and Liabilities - The total assets at the end of the reporting period were ¥734,761,326.66, a slight increase of 0.12% from ¥733,902,588.42 at the end of the previous year[21]. - The total assets of the company reached RMB 734,761,326.66, showing a slight increase from RMB 733,902,588.42 at the end of 2020[134]. - The company's total liabilities decreased to RMB 107,901,526.60 from RMB 124,493,872.33, representing a reduction of approximately 13.3%[134]. - The total liabilities decreased to CNY 96,809,081.07 from CNY 114,928,450.04, reflecting a reduction of approximately 16%[138]. - The total equity attributable to the owners of the parent company increased to RMB 627,163,641.37 from RMB 609,635,543.24, reflecting a growth of about 2.6%[134]. - The total equity increased to CNY 677,090,696.02 from CNY 658,372,036.86, showing a growth of about 2%[138]. - The company's total liabilities decreased, contributing to an overall improvement in financial stability[154]. Cash Flow - The company's cash and cash equivalents increased by 241.91% to ¥78,873,365.67, compared to a decrease of ¥55,578,960.18 in the same period last year, attributed to increased operational income[43]. - The company achieved a cash and cash equivalents balance of CNY 246,330,691.21 at the end of the reporting period, up from CNY 25,190,197.85 at the end of the previous year[149]. - The cash inflow from financing activities was CNY 27,000,000.00, while cash outflow was CNY 11,633,125.36, resulting in a net cash flow of negative CNY 11,633,125.36[152]. - The net cash flow from operating activities generated a net inflow of CNY 43,327,272.48, a substantial improvement from a net outflow of CNY 18,421,147.95 in the first half of 2020[148]. - The net cash flow from investing activities was CNY 47,170,833.04, an improvement from a negative CNY 49,376,702.54 in the previous period[152]. Business Operations - The company operates in the tourism industry, focusing on the development and management of scenic spots, with a competitive advantage in Xinjiang[29]. - The company has a complete tourism business chain, integrating various elements of tourism services[29]. - The tourism market in Xinjiang is rapidly recovering, with significant growth potential driven by increasing consumer spending on travel[33]. - The company has diversified its business by developing multiple tourism projects, including interval buses, cable cars, and dining services, to meet various visitor needs[39]. - The company holds a 36.22% stake in Turpan Flaming Mountain Tourism Co., and a 20% stake in Xinjiang Natural Fragrance Agricultural Technology Co., indicating a strategy of cross-regional integration and diversification in tourism projects[39]. Risk Management - The company emphasizes the importance of risk management and has outlined potential risks and countermeasures in its report[5]. - The company faces risks related to insufficient self-owned capital and the need for higher operational and talent resource requirements due to business expansion[71]. - The company plans to optimize its tourism business layout and enhance service capabilities to mitigate financial risks[71]. - The company aims to improve talent recruitment, training, and retention mechanisms to meet the higher demands of its expanding operations[71]. - The company faces uncertainty in operations due to the ongoing impact of the COVID-19 pandemic, despite effective domestic control measures[72]. - The company has implemented cost reduction and efficiency improvement strategies to enhance operational efficiency and core competitiveness[72]. Shareholder Information - The company has not distributed cash dividends or issued bonus shares for the reporting period[6]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[82]. - The largest shareholder, Xinjiang Tianchi Holdings, holds 38.25% of the shares, totaling 59,287,500 shares[117]. - The company has 12,697 ordinary shareholders at the end of the reporting period[117]. Legal and Compliance - The company reported a significant lawsuit involving a first-instance judgment requiring payment of 3 million yuan to plaintiffs, with a total amount involved in the case being 20.12 million yuan[95]. - The company has successfully resolved a lawsuit, resulting in the unfreezing of 20.12 million yuan in bank deposits[96]. - The company has not undergone any bankruptcy restructuring or received any non-standard audit reports during the reporting period[93][92]. Future Plans - The company plans to continue expanding its market presence and investing in new technologies to enhance growth prospects[154]. - The company aims to enhance its operational efficiency through technological advancements and strategic partnerships[162]. - The company plans to strengthen internal control management and improve service quality to mitigate delisting risks[72].

证券代码：300859 证券简称：*ST 西域 公告编号：2021-041 西域旅游开发股份有限公司 关于参加 2021 年新疆辖区投资者网上集体接待日暨 上市公司业绩说明会活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、融资 计划、股权激励、可持续发展等投资者所关心的问题，公司定于 2021 年 6 月 18 日参加由新疆上市公司协会联合深圳市全景网络有限公司组织开展的 2021 年新 疆辖区上市公司投资者网上集体接待日活动。现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录全景网"投资者关系互动平台"网站 （http://ir.p5w.net/）或关注微信公众号：全景财经（微信号：p5w2012），参与 公司本次投资者集体接待日活动，活动时间为 2021 年 6 月 18 日（星期五）15:00 至 17:30。 出席本次集体接待日的人员有：公司总经理李新萍女士，财务总监戴金亚先 生、董事会秘书杨晓红女士（如有 ...

Financial Performance - The company's operating revenue for Q1 2021 was ¥9,896,963.27, representing a 309.93% increase compared to ¥2,414,303.06 in the same period last year[7]. - The net profit attributable to shareholders was -¥10,203,880.00, an improvement of 48.58% from -¥19,843,306.82 year-on-year[7]. - The net cash flow from operating activities was -¥3,101,193.60, showing an 80.25% improvement compared to -¥15,701,260.39 in the previous year[7]. - The company reported a net profit margin improvement, with retained earnings at CNY 114,650,843.56 compared to CNY 124,854,723.56 from the previous period[36]. - The net profit after deducting non-recurring gains and losses was -¥9,663,699.35, showing a 51.75% reduction in losses year-on-year[16]. - The company reported a net loss of CNY 10.20 million in Q1 2021, a 48.58% reduction compared to the same period last year, when the loss was CNY 43.26 million[25]. - The net loss for the first quarter was CNY 10,459,357.00, compared to a net loss of CNY 20,134,639.04 in the same period last year, representing a 48.0% improvement[43]. Assets and Liabilities - The total assets at the end of the reporting period were ¥712,607,534.89, a decrease of 2.90% from ¥733,902,588.42 at the end of the previous year[7]. - The total current assets decreased to CNY 244.41 million from CNY 262.09 million, reflecting a decline of 6.73%[33]. - The company’s total liabilities as of March 31, 2021, were not disclosed but are critical for assessing financial health[33]. - Total liabilities decreased from CNY 124,493,872.33 to CNY 113,658,175.80, reflecting a decline of about 8.5%[35]. - Owner's equity totaled CNY 598,949,359.09, down from CNY 609,408,716.09, indicating a decrease of approximately 1.5%[36]. Cash Flow - The cash flow from investment activities included ¥80,721,095.89 from the sale of trading financial assets, contributing to improved liquidity[17]. - The total cash inflow from operating activities was 10,596,681.40 CNY, significantly higher than 4,206,748.18 CNY in the previous period[53]. - The cash flow from operating activities showed a net outflow of -2,709,895.33 CNY, an improvement from -8,390,143.82 CNY in the previous period[53]. - The cash flow from financing activities resulted in a net outflow of -3,784,541.67 CNY, compared to -6,100,099.94 CNY in the previous period[52]. - The total cash and cash equivalents at the end of the period was 150,010,370.07 CNY, down from 167,457,325.54 CNY at the beginning of the period[52]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 23,822[11]. - The largest shareholder, Xinjiang Tianchi Holdings Co., Ltd., holds 38.25% of the shares, totaling 59,287,500 shares[11]. Operational Highlights - The company's total operating revenue for the reporting period reached ¥9,896,963.27, a significant increase of 309.93% compared to the previous period due to the recovery of the tourism industry as domestic COVID-19 control measures improved[16]. - The company reported a 435.99% increase in cash received from sales of goods and services, totaling ¥10,127,876.48, as tourism activities resumed[17]. - The first quarter's operating income accounted for only 3.5% of the annual revenue, highlighting the seasonality of the tourism business[19]. - The company engaged in various marketing activities, attracting over 15,000 participants and increasing visitor numbers by 16% during the New Year period compared to the previous year[18]. - The company plans to enhance its brand influence and reputation through innovative marketing strategies and cultural activities[18]. Investment and Future Plans - The company has allocated CNY 80 million of idle funds for cash management, investing in structured financial products with a maturity of no more than 12 months[24]. - The company has not yet utilized the raised funds for the Tianchi Tourist Service Center expansion and the Tianchi Scenic Area Lantern Mountain Tourist Service projects as of March 31, 2021[24]. - The company plans to continue its investment strategy while ensuring that the idle funds do not affect the normal operation of the fundraising projects[24]. - The company expects to recover its performance in 2021 as the domestic pandemic situation stabilizes[25].

Financial Performance - In 2020, the company reported a revenue of CNY 51.19 million, a decrease of 78.76% compared to CNY 240.96 million in 2019[6] - The net profit attributable to shareholders was a loss of CNY 43.26 million, representing a decline of 158.81% from a profit of CNY 73.55 million in 2019[6] - The net profit after deducting non-recurring gains and losses was a loss of CNY 46.85 million, down 164.21% from a profit of CNY 72.96 million in 2019[6] - The company experienced a net cash flow from operating activities of -CNY 26.56 million, a decrease of 122.60% compared to CNY 117.53 million in 2019[6] - Basic and diluted earnings per share were both -CNY 0.33, a decline of 152.38% from CNY 0.63 in 2019[6] - The company reported a total of CNY 3,590,040.07 in non-recurring gains and losses for the year, including government subsidies[27] - The company reported a gross margin of 2.02% for its main tourism business, down 58.37% year-on-year[54] - The company focused on cost control, with operating costs for the main tourism business decreasing by 49.05% to 47.99 million yuan[56] - The company reported a total revenue of 4,352,245 CNY with a net loss of 5,198,533 CNY for its subsidiary, Bay Hot Spring Entertainment[90] - The company reported a net loss of 1,192,812 CNY for its subsidiary, Yaochi Tourism Transportation[90] Impact of COVID-19 - The COVID-19 pandemic significantly impacted the tourism industry, with visitor numbers down 81% year-on-year[6] - The company faces uncertainty regarding future operations due to the ongoing effects of the pandemic[7] - The company's operating revenue and net profit significantly declined in 2020, with domestic tourism numbers dropping by 52.1% year-on-year to 2.879 billion trips due to the impact of the COVID-19 pandemic[46] - The company has implemented various tourism incentives, including free admission to A-level scenic spots, to support the rapid recovery of the local tourism industry[46] - The company emphasized safety and standardization in operations during the pandemic, enhancing service quality[47] Business Operations - The company operates 253 vehicles for passenger transport in the Tianshan Tianchi scenic area, which is a core business segment[30] - The Ma Ya Mountain cableway, a key revenue source, has a height difference of approximately 312 meters and is equipped with French Poma technology[31] - The company offers various winter tourism activities on the frozen lake, including ice skating and snowmobile rides[31] - The Five Color Bay hot spring resort features a unique hot spring with a water temperature of up to 75 degrees Celsius, attracting visitors year-round[31] - The company has developed a complete tourism business chain, integrating various elements of tourism services[30] - The company continues to expand its travel agency services, catering to both domestic and international tourists[32] - The company holds a 36.22% stake in the Turpan Flaming Mountain tourism project and a 20% stake in the Xinjiang Natural Fragrance Agricultural Technology Co., enhancing its diversified business model[41] - The company has a unique operating right for the Tianshan Tianchi scenic area, valid for 30 years, which strengthens its competitive advantage[39] Financial Management and Fundraising - The company plans not to distribute cash dividends or issue bonus shares[8] - The company reported a total fundraising amount of RMB 236,694,700 after deducting underwriting fees and other related expenses[82] - As of the reporting period, the company has utilized RMB 67,000,000 of the raised funds, with the remaining RMB 170,003,200 yet to be used[82] - The company has invested RMB 80,000,000 in financial products, with a fair value change of RMB 246,575.34 during the reporting period[79] - The company has a total of RMB 9,181,080 in its special account for raised funds as of the end of the reporting period[82] - The company plans to implement the fundraising projects according to the original plan[82] - The company reported a net interest income of RMB 308,500 from the raised funds after deducting bank fees[82] Shareholder and Governance Matters - The company has established a sound corporate governance structure to protect the rights of shareholders and creditors[167] - The independent directors have expressed agreement with the profit distribution plan for 2020[101] - The company has not proposed any cash dividend distribution for the last three years, focusing on retaining earnings for future growth[104] - The company’s performance in 2020 reflects the challenges posed by the pandemic, necessitating a conservative approach to profit distribution[101] - The board's decision on profit distribution is pending approval from the upcoming annual shareholder meeting[101] Future Outlook and Strategy - The company aims to enhance tourist satisfaction and expand its service capacity, focusing on the Tianshan Tianchi scenic area as a key attraction[91] - The company plans to develop new tourism products and business models, leveraging the Tianshan Tianchi scenic area to increase visitor capacity and diversify offerings[92] - The company intends to establish a cultural tourism fund to invest in quality projects, aiming to improve performance and optimize tourism development[93] - The company aims to become the most influential comprehensive tourism service enterprise in Xinjiang, with a strong performance and stable growth[95] - The company plans to enhance its operational efficiency and improve its tourism industry chain over the next two to three years[91] Compliance and Regulatory Matters - The company has committed to compensating investors for any losses incurred due to false statements or omissions in its prospectus, ensuring investor protection[136] - The company is actively engaged in discussions with regulatory bodies to ensure compliance and address any potential legal issues arising from its financial disclosures[136] - The company has retained the same accounting firm, Lixin Accounting Firm, for 4 consecutive years, with an audit fee of 900,000 RMB[144] - The company has not reported any significant audit issues or non-standard audit reports for the reporting period, reflecting sound financial practices[139] Market Position and Competition - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[107] - The company plans to acquire a local competitor, which is expected to enhance its service offerings and increase market share by 15%[109] - The company has committed to measures to mitigate the risk of dilution of immediate returns for investors[131] - The company anticipates a decline in earnings per share in the short term if future business scale and net profit do not increase correspondingly[131]

Financial Performance - Operating revenue decreased by 92.27% to CNY 11,459,102.26 compared to the same period last year[8] - Net profit attributable to shareholders was a loss of CNY 10,940,936.45, a decrease of 113.66% compared to the same period last year[8] - Basic earnings per share were -CNY 0.07, a decrease of 110.14% compared to the same period last year[8] - The weighted average return on net assets was -1.82%, a decrease of 19.42% compared to the same period last year[8] - The company's operating revenue for the reporting period was CNY 30,559,014.69, a decrease of 85.45% compared to CNY 210,055,151.86 in the same period last year, primarily due to reduced visitor numbers caused by the pandemic[17] - The net profit for Q3 2020 was a loss of CNY 11,061,183.85, compared to a profit of CNY 85,282,283.23 in the previous year, indicating a significant decline[39] - The company reported a total comprehensive loss of ¥35,071,061.25 for Q3 2020, compared to a comprehensive income of ¥88,297,756.50 in the prior year[49] Assets and Liabilities - Total assets increased by 41.41% to CNY 739,856,573.56 compared to the end of the previous year[8] - Total liabilities rose to CNY 111,814,467.20, up from CNY 95,347,799.96, indicating an increase of about 17.4%[35] - Owner's equity reached CNY 665,210,651.57, compared to CNY 454,819,446.17, reflecting a growth of approximately 46.1%[35] - The company's total equity reached CNY 416.35 million, with a capital reserve of CNY 98.89 million and undistributed profits of CNY 168.11 million[66] - The company's total non-current assets amounted to CNY 407,729,650.32, up from CNY 349,537,642.38, indicating an increase of approximately 16.6%[34] Cash Flow - Net cash flow from operating activities was CNY 339,144.44, a decrease of 99.68% compared to the same period last year[8] - The company's cash flow from operating activities decreased by 87.58%, amounting to CNY 28,653,389.57, down from CNY 230,618,579.48 in the previous year, also impacted by the pandemic[17] - The total cash inflow from operating activities was 24,236,453.60, down from 180,180,100.31 in the previous period[60] - The cash and cash equivalents at the end of the period amounted to 246,673,460.40, an increase from 150,511,021.09 in the previous period[57] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,495[12] - The largest shareholder, Xinjiang Tianchi Holdings, holds 38.25% of the shares[12] Investment Activities - Long-term equity investments rose by 330.81% to CNY 70,126,612.93 from CNY 16,277,857.36, attributed to the acquisition of equity in Huoyanshan[17] - The company reported an investment income of CNY 427,655.57, a significant increase of 8583.27% compared to CNY 4,925.05 in the previous year, due to returns from equity investments[17] - The company reported a net cash outflow from investing activities of -76,268,508.62, compared to -21,343,075.66 in the previous period[57] Expenses - The company reported a significant decrease in sales expenses, which fell by 64.68% to CNY 854,950.63 from CNY 2,420,832.44, due to reduced marketing costs during the pandemic[17] - Management expenses for Q3 2020 were CNY 7,307,245.80, a decrease of 20.4% from CNY 9,187,121.52 in the same period last year[39] - The company incurred financial expenses of CNY 563,354.42 in Q3 2020, compared to CNY 972,580.19 in the previous year, a decrease of 42.0%[39] Other Financial Metrics - Non-recurring gains and losses totaled CNY 2,151,466.27 for the year-to-date[9] - The company reported a gross profit margin of approximately -36.5% for Q3 2020, compared to a gross profit margin of 40.2% in the previous year[39] - The company has not disclosed any new product developments or market expansion strategies in the current report[48]