Core Viewpoint - Shaanxi Tourism Culture Industry Co., Ltd. officially listed on the Shanghai Stock Exchange on January 6, 2026, marking it as the first new listing in A-shares for 2026 and the first cultural tourism company to list in the past five years [1][2]. Company Overview - Shaanxi Tourism engages in tourism performances, cable cars, and dining services, leveraging high-quality tourism resources such as Huaqing Palace and Mount Huashan, with a strong cultural heritage and stable business operations [1]. - The company is known for popular performances like "The Song of Everlasting Regret" and "12.12 Xi'an Incident," which have a good reputation among consumers [1]. - The cable car business is recognized for its technical indicators and industry reputation, ranking among the top in China [1]. Market Context - The Central Economic Work Conference in December 2025 emphasized the importance of domestic demand and consumer spending as a priority for economic work in 2026, aiming to boost consumption and release service consumption potential [1]. - A joint guideline issued by the China Securities Regulatory Commission and other departments in June 2025 supports quality enterprises in the consumption industry to raise funds through public offerings and listings [1]. IPO Details - Shaanxi Tourism's IPO was approved by the CSRC on November 19, 2025, with the issuance of 19.33334 million shares at a price of 80.44 yuan per share, corresponding to a P/E ratio of 12.37 for 2024 [2]. - The total fundraising amount was 1.555 billion yuan, aligning with the expected fundraising scale disclosed in the prospectus [2]. - Upon listing, the opening price was 131.15 yuan, reflecting a 63.04% increase from the issuance price [2].
A股IPO开门红 消费类企业陕西旅游在上交所上市