证券代码：300144 证券简称：宋城演艺 公告编号：2025-043 一、重要提示 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到证监会指定媒体仔细阅读半年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 ■ 非标准审计意见提示 □适用 √不适用 董事会审议的报告期利润分配预案或公积金转增股本预案 □适用 √不适用 公司计划不派发现金红利，不送红股，不以公积金转增股本。 董事会决议通过的本报告期优先股利润分配预案 □适用 √不适用 二、公司基本情况 1、公司简介 2、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 √否 ■ 3、公司股东数量及持股情况 单位：股 ■ 持股5%以上股东、前10名股东及前10名无限售流通股股东参与转融通业务出借股份情况 □适用 √不适用 前10名股东及前10名无限售流通股股东因转融通出借/归还原因导致较上期发生变化 □适用 √不适用 □适用 √不适用 公司是否具有表决权差异安排 □是 √否 4、控股股东或实际控制人变更情况 公司报告期控股股东未发生变更。 实际控制人报告期内变更 □适用 √不适 ...

8月26日20:00 - 20:50，宋城演艺发展股份有限公司通过电话会议的形式，举办了投资者交流会，中信证 券、兴业证券等63家机构及个人投资者参与。上市公司接待人员包括董事、总裁商玲霞女士，董事、常 务副总裁、董事会秘书赵雪璎女士，财务总监陈胜敏先生以及市场总经理刘颖女士 。 各项目经营与优化措施杭州本部：作为公司大本营和试验田，上半年通过打造高沉浸感演出场景与强互 动游玩体验，利用网红矩阵等放大品牌宣传，五一期间《宋城千古情》创造单日22场演出新纪录。公司 已形成杭州项目整体改造提升初步方案，将发挥演艺核心优势，融合多种文化要素，打造文化演艺王 国，同时突出宋文化表达，契合"她经济"趋势，拓展游玩空间和线路。上海项目：通过丰富和优化演出 内容，推出大量主题活动，上半年利润转正，全年力争实现盈利。佛山项目：2024年春节开业，虽上半 年营收小幅回落，三季度经营面临压力，但大湾区人口众多、消费能力强，项目正在对万人剧场改造提 升，中长期仍有很大增长潜力。西安项目：所在城市演艺项目竞争激烈，但该项目凭借自身优势，客流 实现较好增长，客单价保持稳定。今年打造了皮影街区，完成街区升降台改造。其他项目：九寨项目加 ...

Core Viewpoint - The recent dismissal of Henri Giscard d'Estaing, CEO of Club Med, highlights underlying strategic and governance disagreements between him and the parent company, Fosun Tourism Group, which may impact the future direction of the brand [1][6]. Financial Performance - In the first half of 2024, Fosun Tourism reported a total revenue of RMB 10.65 billion, with Club Med contributing RMB 8.89 billion, accounting for 83% of the total, an increase from 76% in 2023 [3]. - Club Med's revenue for 2023 reached RMB 15.12 billion, marking a 19% year-on-year increase, and a growth of 18% compared to 2019 [3]. - The average daily room rate for Club Med's resorts increased by 8% to RMB 1,922 in the first half of 2024, with an occupancy rate of 70.4%, up by 1 percentage point from the previous year [3]. Global Operations - Club Med operates 68 resorts across 26 countries on five continents, including 38 sun resorts and 24 snow resorts, with a focus on diverse experiences [4]. - The sun resorts achieved a revenue growth of 5% in 2024, with an average room rate of €500 per night and an occupancy rate of 75% [4]. - The snow resorts reported a 19% revenue increase in 2024, with an average room rate of €750 per night and an occupancy rate nearing 80% [4]. Strategic Direction - The company has undergone significant internal changes, with a shift towards "light asset output" and digital transformation, which may conflict with the previous leadership's vision of a potential IPO in Paris [6][7]. - The new management's ability to balance strategic transformation with brand heritage and rebuild investor trust will be crucial for Club Med's future [7]. Leadership Changes - The new CEO of Club Med is reportedly a candidate with no prior experience in the hospitality industry, raising concerns about the alignment with the brand's operational ethos [7]. - The decision to replace the CEO without a transition period or guarantees for future shareholding has been criticized for not addressing the urgent need for diversified governance and internationalization [7].

Core Viewpoint - The rise of construction management services is becoming a significant trend in the real estate market, as many developers lack product experience and delivery assurance, necessitating professional construction management firms to fill these gaps [1][2]. Group 1: Market Dynamics - Many well-known real estate brands are now engaging in construction management for projects that may not be directly theirs, indicating a shift in market strategy [2]. - In recent years, the number of construction management projects has increased significantly, especially in first- and second-tier cities, becoming a notable market presence [2]. - The survival strategy for private real estate companies has shifted towards light-asset output through construction management, especially after witnessing the adverse effects of high leverage in the industry [2]. Group 2: Project Performance - Notable sales performance has been observed in various construction management projects, such as the project in Guangzhou that achieved over 800 million in sales within an hour of launch, with a sell-through rate of approximately 75% [3]. - In Suzhou, a project managed by Xuhui Construction Management achieved over 600 million in sales, topping the sales charts for May [4]. - The overall value of these projects is substantial, with estimates indicating potential profits for construction management firms based on a fee rate of around 4% [3][4]. Group 3: Industry Trends - The construction management sector is experiencing a trend of separating investment from development, leading to an expansion of the professional development management market [5]. - The construction management business is seen as a counter-cyclical strategy that can mitigate risks associated with declining development activities [5]. - The demand for high-quality housing products is increasing, with construction management firms focusing on delivering superior product quality to meet market needs [7][8]. Group 4: Challenges and Opportunities - Despite the growth, the construction management industry faces challenges, including declining profit margins and potential issues with project quality due to competitive pressures [8][9]. - The market for construction management is expanding, driven by the need for professional firms to revitalize projects and address product shortcomings, particularly among state-owned enterprises and newly emerging developers [10][11]. - The ongoing demand for improved living conditions and higher-quality housing presents significant opportunities for construction management firms to establish trust and secure projects [11][12].

Core Insights - The elderly care industry in China is experiencing rapid development driven by policy support, market demand, and technological innovation, becoming a new engine for economic growth [1] - By 2029, a basic elderly care service network is expected to be established, with significant improvements in service capacity and quality, and by 2035, a mature elderly care service system suitable for China's national conditions is anticipated [1] Group 1: Industry Trends - The aging population is increasing, leading to heightened social focus on the elderly care industry and its economic significance [1] - The elderly care sector faces structural challenges such as high initial infrastructure investment and long capital recovery cycles, prompting companies to explore diversified operational models [1] Group 2: Company Strategies - Chunyuan Group's subsidiary, Chunyuan Elderly Care Management Co., Ltd., adopts a "light asset output" strategy, enhancing operational efficiency and reducing investment risks through property leasing and service model innovation [2] - The changing consumer preferences of the "60s" and "70s" generations are driving the demand for higher quality of life and diverse services beyond basic care [2] Group 3: Technological Advancements - Smart elderly care is becoming a key development direction, with many institutions integrating IoT, big data, and AI technologies to create smart service platforms that enhance service precision and timeliness [3]

新京报贝壳财经记者注意到，相较于2023年，中青旅2024年的人事变动略显频繁。过去一年，因工作调 动和调整，中青旅有5位高管离任，其中公司原副董事长兼总裁王思联，公司原总裁助理骆海菁、柴昊 辞任后不在公司及下属子公司担任任何职务，公司原副总裁王新侠、公司原总裁助理赵勇辞任后仍继续 在公司任职。 新京报贝壳财经讯(记者王真真)4月18日，中青旅（600138）控股股份有限公司(以下简称"中青旅")发布 公告，因工作变动，范思远向董事会申请辞去公司副总裁(分管财务工作)、董事会秘书及在下属子公司 的职务。辞去上述职务后，范思远将继续在公司担任董事。 据公开资料，范思远出生于1976年7月，具有中国注册会计师和中国注册资产评估师资格。在进入中青 旅前，曾在湖北大信会计师事务所担任审计项目经理、部门副经理。进入中青旅后，历任预算管理部总 经理、财务总监助理、内控部总经理、内控部总监、财务总监。2017年9月，范思远被聘任为中青旅副 总裁。 新京报贝壳财经记者注意到，在近期接受机构调研时，中青旅表示，做好乌镇、古北水镇仍是现阶段公 司最重要的工作。虽然乌镇2024年营收同比下降，但其仍然具有巨大的客流基础、良好的品牌 ...