Core Points - Tianmu Lake's stock price increased by 2.06% on October 20, reaching 11.37 CNY per share, with a total market capitalization of 3.071 billion CNY [1] - The company has seen a year-to-date stock price increase of 2.76%, but has experienced declines of 0.96% over the last five trading days, 14.12% over the last twenty days, and 11.45% over the last sixty days [1] - For the first half of 2025, Tianmu Lake reported a revenue of 246 million CNY, a year-on-year decrease of 6.49%, while net profit attributable to shareholders increased by 4.12% to 54.73 million CNY [2] Company Overview - Jiangsu Tianmu Lake Tourism Co., Ltd. was established on September 15, 1992, and listed on September 27, 2017. The company primarily engages in the development, management, and operation of tourist attractions [1] - The revenue composition of Tianmu Lake includes 55.19% from scenic area operations, 33.78% from travel agency services, 28.65% from hotel operations, 9.35% from other services, 7.68% from hot spring services, and 0.12% from water park operations [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 58.86% to 27,000, with an average of 10,004 circulating shares per person, a decrease of 37.05% [2] - The company has distributed a total of 375 million CNY in dividends since its A-share listing, with 163 million CNY distributed over the past three years [3] - Among the top ten circulating shareholders, the Fortune China Securities Tourism Theme ETF is the seventh largest shareholder, holding 1.7449 million shares as a new entrant [3]

Core Viewpoint - Jinling Hotel's stock price has shown fluctuations in recent trading sessions, with a year-to-date increase of 5.33% and a recent decline over the past 20 days of 9.42% [2] Financial Performance - As of June 30, 2025, Jinling Hotel reported a revenue of 851 million yuan, a year-on-year decrease of 5.94%, while the net profit attributable to shareholders was 23.25 million yuan, reflecting a slight increase of 0.25% [3] - The company has cumulatively distributed 473 million yuan in dividends since its A-share listing, with 113 million yuan distributed over the past three years [4] Stock Market Activity - On October 20, the stock price increased by 2.09%, reaching 7.31 yuan per share, with a trading volume of 27.65 million yuan and a turnover rate of 0.98% [1] - The stock has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on June 6, where it recorded a net buy of -32.82 million yuan [2] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 23.61% to 33,500, while the average circulating shares per person decreased by 19.10% to 11,634 shares [3] - Among the top ten circulating shareholders, the fifth largest is the Fortune CSI Tourism Theme ETF, holding 3.04 million shares, a decrease of 523,800 shares from the previous period [4]

Core Viewpoint - Jin Jiang Hotels' stock price has shown fluctuations, with a current market value of 23.739 billion yuan, reflecting a year-to-date decline of 16.01% [1] Group 1: Stock Performance - On October 20, Jin Jiang Hotels' stock rose by 2.02%, reaching 22.24 yuan per share, with a trading volume of 50.077 million yuan and a turnover rate of 0.25% [1] - The stock has experienced a slight decline of 0.09% over the past five trading days and a 4.26% drop over the last 20 days, while showing a marginal increase of 0.09% over the past 60 days [1] Group 2: Financial Performance - For the first half of 2025, Jin Jiang Hotels reported a revenue of 6.526 billion yuan, a year-on-year decrease of 5.31%, and a net profit attributable to shareholders of 371 million yuan, down 56.27% compared to the previous year [2] - The company has distributed a total of 6.356 billion yuan in dividends since its A-share listing, with 1.132 billion yuan distributed over the last three years [2] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Jin Jiang Hotels increased to 81,400, a rise of 20.86%, while the average circulating shares per person decreased by 23.25% to 14,709 shares [2] - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 82.0363 million shares, a decrease of 925,200 shares from the previous period [2]

Core Viewpoint - Changbai Mountain's stock price has shown volatility with a year-to-date increase of 14.54%, while recent trading patterns indicate mixed performance over different time frames [1][2]. Financial Performance - As of June 30, 2025, Changbai Mountain reported a revenue of 235 million yuan, a year-on-year decrease of 7.44%, and a net profit attributable to shareholders of -2.05 million yuan, reflecting a significant decline of 109.75% [2]. - Cumulative cash dividends since the A-share listing amount to 144 million yuan, with 42.53 million yuan distributed over the past three years [3]. Shareholder and Market Activity - The number of shareholders decreased by 24.52% to 36,600, while the average number of circulating shares per person increased by 32.48% to 7,289 shares [2]. - As of June 30, 2025, major shareholders include the Fortune China Securities Tourism Theme ETF, which reduced its holdings by 60.20%, and several new entrants among the top ten shareholders [3]. Stock Performance Metrics - As of October 16, the stock price reached 48.15 yuan per share, with a market capitalization of 12.84 billion yuan and a trading volume of 1.03 billion yuan [1]. - The stock has experienced a 2.03% increase during the trading session on October 16, with a turnover rate of 0.80% [1].

Core Viewpoint - Xiyu Tourism's stock price has shown volatility, with a year-to-date increase of 13.79% but a recent decline of 9.49% over the last five trading days, indicating potential market fluctuations and investor sentiment shifts [2][3]. Financial Performance - As of September 30, Xiyu Tourism reported a revenue of 114 million yuan for the first half of 2025, reflecting a year-on-year growth of 9.59%. However, the net profit attributable to shareholders decreased by 61.78% to 11.23 million yuan [3]. - The company has distributed a total of 108 million yuan in dividends since its A-share listing, with 93 million yuan distributed over the past three years [4]. Shareholder and Market Activity - The number of shareholders increased by 40.32% to 25,800, while the average circulating shares per person decreased by 28.73% to 6,003 shares [3]. - Xiyu Tourism's stock has appeared on the "Dragon and Tiger List" once this year, with a net buy of 38.63 million yuan on August 8, contributing to a total buy of 152 million yuan, which accounted for 12.99% of total trading volume [2]. Business Overview - Xiyu Tourism, established on January 18, 2001, and listed on August 6, 2020, focuses on tourism resource development and operations, including tourist transportation, cable car sightseeing, boat tours, hot spring hotels, and travel agency services [2]. - The revenue composition of Xiyu Tourism includes 64.81% from tourist transportation, 13.16% from cable car services, 11.36% from boat tours, and smaller contributions from other services [2]. Institutional Holdings - As of June 30, 2025, notable institutional shareholders include the Fortune China Securities Tourism Theme ETF, which holds 1.21 million shares, and new entrants like the GF Xinxing Mixed A fund with 945,000 shares [4].

Core Viewpoint - Shoulv Hotel's stock price has shown fluctuations, with a recent increase of 2.09% on October 14, 2023, reaching 14.64 CNY per share, while the company has experienced a net outflow of funds [1] Financial Performance - For the first half of 2025, Shoulv Hotel reported operating revenue of 3.661 billion CNY, a year-on-year decrease of 1.93%, while net profit attributable to shareholders increased by 11.08% to 397 million CNY [2] - Cumulative cash dividends since the A-share listing amount to 1.834 billion CNY, with 648 million CNY distributed over the past three years [3] Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 9% to 43,200, with an average of 25,818 circulating shares per person, an increase of 9.89% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 10.39 million shares, and Southern CSI 500 ETF, which increased its holdings by 1.34 million shares [3] Market Activity - The stock has seen a year-to-date increase of 2.31%, but has declined by 0.27% over the last five trading days and 5.79% over the last twenty days [1] - The company's market capitalization stands at 16.347 billion CNY, with a trading volume of 178 million CNY on October 14, 2023 [1] Business Overview - Shoulv Hotel, established on February 12, 1999, and listed on June 1, 2000, primarily engages in hotel management, tourism services, and scenic area operations, with hotel operations contributing 61.02% to revenue [1] - The company is categorized under the social services sector, specifically in the hotel and catering industry, and is associated with concepts such as tourism hotels and online travel [1]

Core Insights - Dongbai Group's stock price increased by 2.04% on October 13, reaching 6.01 CNY per share, with a trading volume of 1.27 billion CNY and a market capitalization of 5.228 billion CNY [1] - The company has experienced a year-to-date stock price decline of 13.15%, with a recent 5-day increase of 2.56% and a 20-day decline of 8.80% [1] - Dongbai Group's main business segments include commercial retail (86.15%), warehousing and logistics (9.00%), hotel and catering (4.36%), and commercial real estate (0.50%) [1] Financial Performance - As of June 30, Dongbai Group reported a total of 62,200 shareholders, a decrease of 9.61% from the previous period, with an average of 13,964 circulating shares per shareholder, an increase of 10.63% [2] - For the first half of 2025, the company achieved a revenue of 929 million CNY, reflecting a year-on-year growth of 0.11%, and a net profit attributable to shareholders of 71.56 million CNY, up by 2.40% year-on-year [2] Dividend Information - Dongbai Group has distributed a total of 579 million CNY in dividends since its A-share listing, with 191 million CNY distributed over the past three years [3]

Core Viewpoint - Changbai Mountain's stock price has shown fluctuations, with a recent increase of 2.05% and a year-to-date rise of 7.97%, indicating potential investor interest despite recent declines in revenue and profit [1][2]. Financial Performance - As of June 30, 2025, Changbai Mountain reported a revenue of 235 million yuan, a year-on-year decrease of 7.44%, and a net profit attributable to shareholders of -2.05 million yuan, a significant decline of 109.75% [2]. - The company has distributed a total of 144 million yuan in dividends since its A-share listing, with 42.53 million yuan distributed over the past three years [3]. Stock Market Activity - On October 13, 2023, Changbai Mountain's stock reached 45.39 yuan per share, with a trading volume of 145 million yuan and a turnover rate of 1.21%, resulting in a total market capitalization of 12.104 billion yuan [1]. - The net inflow of main funds was 7.4166 million yuan, with large orders accounting for 19.55% of purchases and 16.03% of sales [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 24.52% to 36,600, while the average number of circulating shares per person increased by 32.48% to 7,289 shares [2]. - Notable changes in institutional holdings include a significant reduction in shares held by the top shareholders, with new entries from several funds [3].

Core Viewpoint - China Duty Free Group Co., Ltd. (China Duty Free) has experienced fluctuations in stock performance, with a recent decline in share price and mixed trading activity, reflecting market sentiment and operational challenges [1][2]. Financial Performance - As of June 30, 2025, China Duty Free reported a revenue of 28.15 billion yuan, a year-on-year decrease of 9.96%, and a net profit attributable to shareholders of 2.60 billion yuan, down 20.81% compared to the previous year [2]. - The company has cumulatively distributed dividends of 18.40 billion yuan since its A-share listing, with 7.24 billion yuan distributed over the last three years [3]. Stock Market Activity - On October 10, 2023, China Duty Free's stock price fell by 2.01%, closing at 68.26 yuan per share, with a trading volume of 1.355 billion yuan and a turnover rate of 1.00% [1]. - The stock has seen a year-to-date increase of 3.49%, but has declined by 2.69% over the last five trading days [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 4.30% to 289,700, with an average of 0 circulating shares per shareholder [2]. - Major shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 15.73 million shares, and several ETFs that have also increased their positions [3]. Business Overview - China Duty Free primarily engages in the retail of duty-free and taxable goods, with 72.26% of revenue from duty-free sales and 25.54% from taxable goods [2]. - The company operates in both domestic and international markets, focusing on tourism retail and property leasing related to tourism retail complexes [2].

Core Viewpoint - Hunan Investment's stock price has shown fluctuations with a recent increase of 2.08%, while the company faces a decline in revenue and net profit for the first half of 2025 compared to the previous year [1][2]. Group 1: Stock Performance - As of October 10, Hunan Investment's stock price is 5.40 CNY per share, with a market capitalization of 2.696 billion CNY [1]. - The stock has increased by 5.88% year-to-date, with a 3.25% rise over the last five trading days [1]. - The company experienced a net outflow of 99,000 CNY in principal funds, with large orders accounting for 11.89% of purchases and 12.50% of sales [1]. Group 2: Financial Performance - For the first half of 2025, Hunan Investment reported an operating income of 263 million CNY, a decrease of 31.74% year-on-year [2]. - The net profit attributable to the parent company was 35.97 million CNY, down 43.48% compared to the previous year [2]. Group 3: Business Overview - Hunan Investment Group, established on November 8, 1992, is primarily engaged in highway construction and operation (47.27%), urban complex investment and development (37.49%), hotel investment and operation (7.64%), and asset management and property services (7.59%) [1]. - The company is classified under the transportation sector, specifically in the highway industry, and is associated with concepts such as micro-share stocks, low-price stocks, small-cap stocks, rural revitalization, and tourism hotels [1]. Group 4: Shareholder Information - As of September 30, the number of shareholders for Hunan Investment is 42,800, reflecting a decrease of 0.71% from the previous period [2]. - The average number of circulating shares per shareholder has increased by 0.71% to 11,654 shares [2]. Group 5: Dividend Information - Hunan Investment has distributed a total of 378 million CNY in dividends since its A-share listing, with 79.87 million CNY distributed over the past three years [3].