XI'AN TOURISM(SZ:000610) Zhong Guo Jing Ji Wang·2025-11-10 02:55Core Viewpoint - Xi'an Tourism (000610.SZ) has announced a plan to issue A-shares to a specific group of investors, specifically the controlling shareholder, Xi'an Travel Group, to raise funds for working capital and loan repayment [1][2]. Group 1: Share Issuance Details - The planned issuance will not exceed 30,612,244 shares, representing 12.93% of the company's total share capital prior to the issuance [1]. - The issue price is set at 9.80 yuan per share, which is 80% of the average stock price over the last 20 trading days before the pricing date [1]. - The total amount to be raised (including issuance costs) is capped at 30 million yuan, with net proceeds intended for working capital and bank loan repayment [2]. Group 2: Company Financial Performance - For the third quarter of 2025, the company reported revenue of 162 million yuan, a year-on-year decrease of 11.66%, and a net loss attributable to shareholders of 24.35 million yuan [3][4]. - Year-to-date revenue until the end of the reporting period was 380 million yuan, down 12.75% year-on-year, with a net loss of 80.34 million yuan [3][4]. - The company’s cash flow from operating activities showed a net inflow of 15.53 million yuan, a decrease of 11.53% compared to the previous year [4]. Group 3: Historical Financial Trends - In 2024, the company achieved revenue of 582 million yuan, reflecting a growth of 5.88% compared to 2023, but still reported a net loss of 260 million yuan [5]. - The net loss for 2024 represented a 69.13% increase compared to the previous year, indicating worsening financial performance [5]. - The cash flow from operating activities for 2024 was a net outflow of 8.95 million yuan, showing a 50.78% improvement from the previous year [5].