Group 1 - The company reported a net profit of 45,640,079.41 yuan for the year 2024, while the parent company's undistributed profits were negative at -479,592,658.91 yuan, leading to no profit distribution or capital reserve increase for the year [3][31][30] - The tourism industry in China saw a strong recovery in 2024, with domestic travel reaching 5.615 billion trips, a year-on-year increase of 14.8%, and total spending of 5.75 trillion yuan, up 17.1% [4] - Nanjing, as a historical and cultural city, achieved a total tourism revenue of 218.73 billion yuan in 2024, reflecting a growth of 10.6% year-on-year, with inbound overnight tourists increasing by 69.2% [5] Group 2 - The company is focusing on the dual main business development of "tourism + commerce," enhancing its competitiveness by extending the cultural tourism industry chain [9] - The company plans to acquire 100% equity of Nanjing Huangpu Hotel Co., Ltd. to expand its hotel business, which is currently under review by the Shanghai Stock Exchange [9] - The retail sector in China experienced a growth in social retail sales to 48.79 trillion yuan, with online consumption accounting for 26.8% of total sales, indicating a shift towards digital transformation [8]