——社会服务行业周报：服务消费政策加码，多公司发布业绩预告，表现亮眼-20260202

Investment Rating - The industry investment rating is "Recommended" (maintained) [1] Core Insights - The report highlights the acceleration of service consumption policies, with the State Council issuing a plan to enhance service consumption across various sectors, including transportation, tourism, and home services. This is expected to significantly boost the industry's outlook in 2026 [4] - The social service sector has shown strong relative performance, with a 1-month increase of 4.2%, a 3-month increase of 4.9%, and a 12-month increase of 17.5%, outperforming the CSI 300 index [3] Summary by Relevant Sections Service Consumption Policy - The government has introduced a comprehensive plan to enhance service consumption, focusing on expanding supply, innovating scenarios, and providing financial support. Key initiatives include promoting railway tourism, upgrading cruise and yacht products, and enhancing home service professionalization [4] Human Resources Service Sector - The report mentions that Core International expects a net profit of 267 million to 334 million yuan for 2025, representing a year-on-year growth of 30% to 62.5%. The company is leveraging technological innovation and industry integration to meet talent demands [5] Scenic Area Sector - Three Gorges Tourism anticipates a net profit of 56 million to 72 million yuan for 2025, reflecting a decline of 38.77% to 52.38% year-on-year, primarily due to tax payments and asset impairment losses [6][7] Investment Recommendations - The report suggests focusing on the human resources service sector, particularly companies like Core International and Beijing Renli. It also highlights opportunities in the duty-free sector, scenic areas, medical aesthetics, catering, tea drinks, and hotels, with specific companies recommended for investment [8]