从女导游到董事长，要IPO了！

Core Viewpoint - Jiangsu Shouxihu Cultural Tourism Co., Ltd. is preparing for an IPO in Hong Kong, aiming to raise funds for various projects, including innovative water-based experiences and service expansion [3][4]. Company Overview - Shouxihu is a state-owned comprehensive water tourism service provider based in Yangzhou, Jiangsu Province, with over 20 years of experience in the industry [5]. - The company operates the only licensed water sightseeing boats in Yangzhou, holding exclusive operational rights for the Shugang-Shouxihu scenic area and the Grand Canal region [5]. Business Model and Services - The company has developed a diversified service system, including boat tours, sightseeing vehicles, and cultural performances, with a focus on enhancing visitor experiences [6]. - In 2024, Shouxihu plans to launch a new immersive boat performance to showcase the historical significance of Yangzhou and the Grand Canal [6]. Financial Performance - From 2022 to the first half of 2025, the company's total revenue showed significant growth, with a compound annual growth rate of 89% [7]. - The revenue from the water sightseeing business accounted for approximately 85.6% of total revenue in the first half of 2025 [7]. - The gross profit margin improved significantly in 2023 due to a surge in travel demand post-pandemic, while net profit figures for the same period were approximately 4.6 million yuan [8].