Core Viewpoint - The project led by Feiyang International aims to integrate real cultural tourism assets with blockchain technology, marking a significant step in the digitalization of tourism assets [1][2] Group 1: Project Overview - The project involves collaboration with multiple partners, including Qingdao Cultural Property Exchange Center and Conflux Network, to create a digitalization benchmark for cultural tourism assets [1] - The total issuance amount for the project is 5.5 million yuan, focusing on the core assets of the Mili Lakeview Hotel and related tourism rights [1] Group 2: Market Response and Strategic Importance - The early completion of subscriptions indicates strong market recognition of the company's digitalization strategy for real tourism assets, enhancing operational experience in digital tourism projects [2] - Successful execution of this project is expected to improve the company's industry influence and brand recognition in the digital tourism sector [2] Group 3: Long-term Value and Business Expansion - The project's implementation and rights realization are anticipated to enhance operational efficiency of tourism assets, providing stable business returns for the company [2] - If the model proves successful, it could lead to expanded business scale and market share, potentially delivering continuous and stable value returns to shareholders [2]

Core Insights - The project aims to create a digital integration of real cultural tourism assets using a combination of physical card carriers and blockchain technology, marking a significant step in the digitalization of tourism assets [1][2] - The total issuance amount for the project is 5.5 million yuan, with the core asset being the Meili City Lakeside Baiman Hotel and related tourism rights [1] - The project has successfully transitioned from the subscription phase to the execution phase, ensuring the activation of key processes such as physical card production and blockchain certification [2] Group 1 - The project involves collaboration among multiple parties, including Zhejiang Feiyang Shulian Technology Co., Qingdao Cultural Property Exchange Center, and Conflux Network, to establish a digital standard for real tourism assets [1] - The initiative is part of the company's broader strategy to promote the digitalization of real tourism assets and leverage its strengths in tourism resource integration and digital application [1] - The project is expected to accelerate cooperation among stakeholders to meet established timelines for the realization of the core objectives of "digital and physical integration, touchable, and redeemable" [2]