HSTD(600054) Shang Hai Zheng Quan Bao·2025-04-30 04:06Core Points - The company reported a significant increase in tourist visits to the Huangshan scenic area, with a total of 1.012 million visitors in the reporting period, representing an increase of 184,800 visitors or 22.34% compared to the same period last year [5][6] - The company approved the use of up to RMB 1.8 billion of idle raised funds for cash management, investing in low-risk financial products with high safety and liquidity [5][6] - The company also approved the use of up to RMB 700 million of idle self-owned funds for cash management under similar conditions [6] - The company announced the appointment of Xin Yong Zhong He Accounting Firm as the auditor for the 2025 fiscal year [6][7] - The Huangshan Saifu Tourism Culture Industry Development Fund has reached its expiration date and will undergo liquidation [7] - The company received notifications regarding the optimization of the management of paid use fees for scenic resources in Huangshan, which may impact its operations [7] Financial Data - The financial report for the first quarter of 2025 has not been audited [3][8] - The company’s financial statements include a consolidated balance sheet, profit and cash flow statements for the first quarter of 2025 [8] Shareholder Information - The company will hold its 2024 annual general meeting on May 30, 2025, with both on-site and online voting options available for shareholders [14][15] - The meeting will include discussions on the independent director's performance report and other relevant matters [16][32]