证券代码：300859 证券简称：西域旅游 公告编号：2025-032 西域旅游开发股份有限公司 第七届董事会第八次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，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 西域旅游开发股份有限公司（以下简称"公司"）第七届董事会第八次会议 于 2025 年 8 月 25 日以现场+通讯表决形式召开，会议通知已于 2025 年 8 月 18 日通过电话、邮件等方式送达全体董事。本次会议应出席董事 9 人，实际出席董 事 9 人，会议由董事长吕美蓉女士召集并主持，公司监事和高级管理人员列席了 本次董事会。本次会议的召集、召开和表决程序符合《中华人民共和国公司法》 （以下简称"《公司法》"）、《公司章程》和公司《董事会议事规则》等相关 规定，会议合法有效。 三、备查文件 董事会认为：公司《2025 年半年度报告》全文及其摘要的内容符合法律、行 政法规、中国证券监督管理委员会（以下简称"中国证监会"）和深圳证券交易 所的相关规定，报告内容真实、准确、完整，不存在任何虚假记载、误导性陈述 或者重大遗漏。 本议案经公司董事会审计委员会审议通过 ...

Core Viewpoint - The tourism and scenic area sector experienced a rise of 0.64% on August 22, with Xiyu Tourism leading the gains. The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1]. Group 1: Stock Performance - Xiyu Tourism (300859) saw a closing price of 45.08, with an increase of 8.52% and a trading volume of 271,100 shares, amounting to a transaction value of 1.201 billion yuan [1]. - Changbai Mountain (6602099) closed at 42.10, up 2.33%, with a trading volume of 125,300 shares and a transaction value of 523 million yuan [1]. - Xi'an Tourism (000610) closed at 13.75, up 1.40%, with a trading volume of 316,000 shares and a transaction value of 431 million yuan [1]. - Other notable performers include Jiuhua Tourism (661809) at 37.35 (+1.00%), Songcheng Performance (300144) at 8.86 (+0.80%), and Xiangyuan Cultural Tourism (600576) at 7.92 (+0.51%) [1]. Group 2: Market Trends - The tourism and scenic area sector experienced a net outflow of 192 million yuan from main funds, while retail investors saw a net inflow of 238 million yuan [2]. - The overall market sentiment indicates a mixed performance, with some stocks experiencing declines, such as Tibet Tourism (600749) down 2.96% and Caesar Travel (000796) down 1.49% [2].

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600054 | 黄山旅游 | 12.01 | -2.44% | 22.96万 | 2.76亿 | | 000888 | 峨眉山Ａ | 13.81 | -0.86% | 14.36万 | 2666.1 | | 600593 | 大连圣亚 | 32.00 | -0.81% | 3.84万 | 1.23亿 | | 000430 | ST张家界 | 7.24 | -0.55% | 4.77万 | 3455.06万 | | 000558 | 天府文旅 | 5.87 | -0.34% | 158.91万 | 9.42 6 | | 661209 | 九华旅游 | 36.11 | -0.30% | 1.90万 | 6859.38万 | | 603136 | 天目湖 | 12.85 | -0.23% | 7.71万 | 9898.51万 | | 000610 | 西安旅游 | 12.93 | -0.23% | 11.73万 | 1.52亿 | | 300144 | ...

Investment Strategy - The report emphasizes the strategic importance of Xinjiang in the context of national policies, highlighting its transition from a peripheral region to a key player in the Belt and Road Initiative, benefiting from energy security and environmental policies [8][9] - The focus is on two main investment themes: coal chemical investments and state-owned enterprise reforms, with a strong emphasis on the development of coal chemical projects in Xinjiang [12][11] Xinjiang Index Situation - The Xinjiang Index stands at 117.47, down 0.36% week-on-week, while the Xinjiang Coal Chemical Investment Index is at 112.28, down 0.51% [15] - The top three performing companies this week include Xinjiang Jiaojian (+18.03%), Hongtong Gas (+15.80%), and ST Tianshan (+7.02%), driven by significant progress in the Duku Expressway project [15] Key Data Tracking - Key prices in Xinjiang include Q5000 mixed coal at 100 CNY/ton, Q5200 mixed coal at 197 CNY/ton, and main coking coal at 750 CNY/ton [19] - In July 2025, coal railway shipments from state-owned key coal mines reached 3.184 million tons, a year-on-year decrease of 1.24%, while Xinjiang's raw coal production in June 2025 was 53.923 million tons, an increase of 25.53% year-on-year [19] Recent Project Developments - The report highlights the successful trial operation of the 1 million tons per year acetic acid project by Xinjiang Zhonghe Hezhong New Materials, marking it as the largest single-unit acetic acid production base globally [11] - Ongoing projects include the 800,000 tons/year coal-to-olefins project and the 2 billion cubic meters/year coal-to-gas project, with significant investments and expected production capacities [42][41] Economic Advantages of Coal Chemical Development - Xinjiang's coal chemical industry benefits from lower raw material costs compared to other regions, with a cost advantage of approximately 1,900 CNY/ton when compared to other coal sources [10] - The report notes that the development of coal chemical projects in Xinjiang is supported by improved transportation infrastructure and favorable industrial policies [9][11] State-Owned Enterprise Reforms - The report indicates that state-owned enterprises in Xinjiang are undergoing significant reforms, with a focus on business restructuring and management optimization, which is expected to enhance operational efficiency [11][12] - Recent changes in control and acquisitions among local state-owned enterprises signal an acceleration in the reform process [11]

Core Insights - The tourism and scenic area sector experienced a rise of 2.16% on August 18, with Tibet Tourism leading the gains [1] - The Shanghai Composite Index closed at 3728.03, up 0.85%, while the Shenzhen Component Index closed at 11835.57, up 1.73% [1] Sector Performance - Tibet Tourism (600749) saw a closing price of 29.44, with a significant increase of 10.01% and a trading volume of 325,000 shares, amounting to a transaction value of 943 million yuan [1] - Caesar Travel (000796) also rose by 10.00% to a closing price of 5.28, with a trading volume of 1,111,300 shares, resulting in a transaction value of 575 million yuan [1] - Other notable performers included Huangshan Tourism (600054) with a 3.53% increase, closing at 12.31, and Dalian Shengya (600593) with a 3.13% increase, closing at 32.26 [1] Capital Flow - The tourism and scenic area sector saw a net inflow of 354 million yuan from main funds, while retail funds experienced a net outflow of 73.84 million yuan [2] - Major stocks like Tibet Tourism and Caesar Travel attracted significant main fund inflows of 204 million yuan and 202 million yuan, respectively [3] - Conversely, retail investors showed a net outflow from several stocks, including a notable outflow from Caesar Travel of 86.52 million yuan [3]

Core Insights - On August 15, Xiyu Tourism executed a block trade of 55,000 shares, amounting to 2.035 million yuan, which represented 0.4% of the total trading volume for the day, with a transaction price of 37 yuan, reflecting an 8.8% discount compared to the market closing price of 40.57 yuan [1][2]. Summary by Category - **Transaction Details** - The block trade involved 55,000 shares at a price of 37 yuan per share [1][2]. - The total transaction value was 2.035 million yuan [1][2]. - The trade accounted for 0.4% of the total trading volume on that day [1]. - **Market Comparison** - The transaction price of 37 yuan was at an 8.8% discount to the market closing price of 40.57 yuan [1].

通过天眼查大数据分析，西域旅游开发股份有限公司共对外投资了17家企业，参与招投标项目151次， 知识产权方面有商标信息25条，专利信息1条，此外企业还拥有行政许可58个。 来源：金融界 西域旅游最新一期业绩显示，截至2025一季报，公司营业总收入1623.75万元、同比减少0.74%，归属净 利润2961.23万元，同比减少147.22%，扣非净利润2966.87万元，同比减少145.96%，流动比率2.800、速 动比率2.774、资产负债率29.32%。 天眼查商业履历信息显示，西域旅游开发股份有限公司，成立于2001年，位于昌吉回族自治州，是一家 以从事公共设施管理业为主的企业。企业注册资本15500万人民币，实缴资本6000万人民币。公司法定 代表人为吕美蓉。 金融界消息 截至2025年8月14日收盘，西域旅游（300859）报收于40.14元，下跌2.86%，换手率 12.98%，成交量20.12万手，成交金额8.32亿元。 资金流向方面，今日主力资金净流出4284.49万元，占比成交额5.15%。其中，超大单净流出3887.45万 元、占成交额4.67%，大单净流出397.03万元、占成交额0.4 ...

Core Insights - The article highlights a significant revaluation of the tourism potential in Xinjiang, China, as capital investments flood into the region, driven by a surge in tourist traffic and economic activity [1][8]. Group 1: Tourism Growth - Xinjiang has seen a remarkable increase in tourism, with 130 million visitors in the first half of the year, representing an 11.15% year-on-year growth, and total spending reaching 142.56 billion yuan, up 11.59% [1]. - The region's tourism infrastructure is under pressure due to the influx of visitors, leading to congestion and longer wait times at popular attractions [3][4]. Group 2: Capital Investment - Major international hotel brands, including Ritz-Carlton, InterContinental, and Marriott, are establishing a presence in Xinjiang, with over 700 new hotel openings planned, reflecting a structural transformation in the hotel market [6][7]. - The total investment in high-end hotel projects in Xinjiang has exceeded 12.6 billion yuan, indicating strong market confidence and growth potential [6][7]. Group 3: Transportation and Infrastructure - The construction of new roads and airports is enhancing accessibility, with the Tianshan International Airport experiencing record passenger volumes, further supporting tourism growth [7][8]. - The development of the Ahe Highway has significantly reduced travel times to key tourist destinations, improving the overall travel experience for visitors [5][6]. Group 4: Market Dynamics - The demand for self-driving tours is rising, with rental car services seeing a nearly 50% increase in orders, driven by the region's vast geography and the popularity of road trips [2][3]. - The integration of cultural events and performances is becoming a new driver of tourism consumption, with events like the China Xinjiang International Dance Festival attracting significant visitor numbers [4][5].

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2025-08-12 | 300859 | 西域旅游 | 38.00 | 6.00 | 228.00 | 中信证券股份有限 | 中国银河证券股份 | | | | | | | | 公司徐州建国西路 | 有限公司乌鲁木齐 | | | | | | | | 证券营业部 | 解放北路证券营业 | 8月12日，西域旅游大宗交易成交6万股，成交额228万元，占当日总成交额的0.2%，成交价38元，较市场收盘价42.7元折价 11.01%。 ...

Market Overview - The tourism and scenic spots sector experienced a decline of 0.43% on August 12, with Xiyu Tourism leading the drop [1] - The Shanghai Composite Index closed at 3665.92, up 0.5%, while the Shenzhen Component Index closed at 11351.63, up 0.53% [1] Stock Performance - Notable stock performances include: - ST Zhangjiajie: Closed at 7.46, up 2.19% with a trading volume of 89,500 shares and a turnover of 66.56 million yuan [1] - Xizang Tourism: Closed at 23.23, up 1.18% with a trading volume of 303,200 shares and a turnover of 700 million yuan [1] - Xiyu Tourism: Closed at 42.70, down 4.67% with a trading volume of 264,500 shares and a turnover of 1.141 billion yuan [2] Capital Flow - The tourism and scenic spots sector saw a net outflow of 150 million yuan from main funds, while retail investors had a net inflow of 243 million yuan [2] - The capital flow for specific stocks indicates: - Xizang Tourism: Main funds net outflow of 31.58 million yuan, retail net outflow of 12.73 million yuan [3] - Lijiang Co.: Main funds net inflow of 9.26 million yuan, retail net outflow of 13.52 million yuan [3]