TIBET TOURISM(SH:600749) Zheng Quan Zhi Xing·2025-06-13 10:07Core Viewpoint - The company has announced a delay in fulfilling certain operational commitments related to its business plans, originally made in April 2019, which will require approval from the shareholders' meeting [1][5]. Group 1: Original Operational Commitments - The company committed to invest 1 billion yuan in tourism business development over three years, with 600 million yuan allocated for existing scenic area operations and 400 million yuan for new tourism projects [1]. - The company planned to invest 20 million yuan in achieving business operation informatization, including the launch of smart ticketing and monitoring systems [1]. Group 2: Implementation Status of Operational Commitments - As of April 2022, the company had invested 430 million yuan in its scenic areas, completing key projects such as the 5A creation of the Yarlung Zangbo Grand Canyon and the development of highland health and unique experience products [2]. - By May 2025, the cumulative investment reached 740 million yuan, accounting for 74% of the overall investment plan, with significant contributions to scenic area construction and new product development [2][4]. Group 3: Reasons for Delay in Certain Commitments - The company faced delays in project construction due to national major project planning and infrastructure improvements, impacting the progress of new projects and resource integration [4][5]. Group 4: Specific Content of the Delayed Commitments - The company aims to complete or exceed the investment plans for new tourism projects in Tibet through project acquisitions, development, or fundraising, based on the existing investment of 740 million yuan [4][5]. Group 5: Impact of the Delay on the Company - The delay in fulfilling operational commitments is seen as beneficial for maintaining the interests of the listed company and will not adversely affect daily operations or shareholders' rights [5]. Group 6: Review Procedures for the Delay - The board of directors unanimously agreed to the proposal for delaying the commitments, which will be submitted for approval at the 2024 annual shareholders' meeting [5][6].