Core Insights - The Macau SAR government reported a significant increase in tourist arrivals during the "May Day" holiday, with approximately 850,000 visitors, representing a 40.7% increase compared to the same period last year [1] - The average daily number of visitors reached 170,000, surpassing the pre-pandemic average of 158,000 daily visitors in 2019 [1] - Hotel occupancy rates in Macau averaged 94.1%, a 5% increase year-on-year, with the highest occupancy rate recorded on May 2 at 98.1% [1] Visitor Demographics - Mainland China contributed the largest share of visitors, with 679,000 arrivals, followed by Hong Kong with 111,000, Taiwan with 9,100, and international visitors totaling 51,000 [1]

编者按：道路通，百业兴。以"四好农村路"为代表的农村公路，纵横交织、四通八达，连接万里河山，为城乡融 合发展畅通客流物流，带动乡村整体面貌发生巨变，成为老百姓家门口的致富路、幸福路、振兴路。央广网特别 推出《乡路上，感受脉动中国》系列报道，沿着"四好农村路"，访村落、进田园、看产业，探寻乡土文脉，纵观 发展变迁，与您一起感受新时代中国乡村振兴的勃勃生机。 央广网宝鸡5月3日消息眼下，在陕西省宝鸡市眉县金渠镇宁渠村的猕猴桃种植示范园内，果农们正在猕猴桃园子 里忙碌着，以致富道路为画轴，一幅果园忙碌的图景在秦岭北麓徐徐展开。 眉县河营路与田间生产路纵横交错，助力当地农产品销售（央广网发段懿庭 摄） "过去的路可没有这么平整……以前道路没有硬化，农用机械下地难。尤其是到阴雨天，车轮容易陷在泥里。"宁 渠村猕猴桃种植户王乖乾回忆起前些年的经历很是感慨。 "道路好了，如今猕猴桃每斤的价格能多卖2-3毛钱，一亩地能多收入2000元左右。"王乖乾喜滋滋地说。 河营路的南端终点是国家级旅游景区——红河谷森林公园，景区年接待游客30万人次。经过多年发展，河营路的 配套设施不断完善，不仅成为眉县产业发展的致富路，也成为旅游观光示 ...

周二，大盘迎来了一个令人振奋的"开门红"！进入5月，股市仿佛换了新装，整体表现可圈可点。虽然银行板块小幅回调，拖 了一点后腿，但其余各大板块齐齐飘红，呈现出普涨格局。虽说大盘指数涨幅不算惊人，但市场情绪却异常热烈，投资者信 心明显回升。 这样的行情，虽然走得不疾不徐，但却扎实稳健，像一只慢慢积蓄力量的牛，看似温和，实则后劲十足。只要后续量能能够 持续跟进，市场人气不散，走出一波"慢牛"行情并非奢望。对于股民来说，这不仅是数字的变化，更是市场情绪与资金逻辑 共振的信号。 如果这个时候券商股能够再振臂一呼的话，说不定万千股民心中念叨的大行情恐怕就此展开了。但券商股若启动，那这个信 号太明显了，所以恐怕不到最后关键时刻不轻易点火。如今正是"温水煮青蛙"，让前期弄丢筹码的踏空股民备受煎熬的时 刻。 先来看下对下一个交易日有预判作用的"神器"——中信期货在股指期货上的增减持情况。它在沪深300股指期货上多单方面增 仓629手，空单方面增仓626手，给出了"偏多"的信号——预判正确。 | | | 多处接合推荐 | | | | ABARBAR | | | --- | --- | --- | --- | --- | --- ...

Core Viewpoint - The company reported a decline in revenue and net profit for 2024, with a significant increase in losses in Q1 2025, primarily due to rising costs from new projects and increased marketing expenses [1][2]. Financial Performance - In 2024, the company achieved revenue of 304 million yuan, a year-over-year decrease of 0.5%, and a net profit attributable to shareholders of 87 million yuan, down 18% [1]. - The fourth quarter of 2024 saw revenue of 34 million yuan, a year-over-year decline of 8%, with a net loss of 29 million yuan, indicating an increase in losses compared to the previous year [1]. - For Q1 2025, the company reported revenue of 16 million yuan, a decrease of 0.7% year-over-year, and a net loss of 30 million yuan, which is an increase in losses from 12 million yuan in Q1 2024 [1]. Business Segmentation - Revenue from the tourism passenger transport segment was 195 million yuan, up 0.9% year-over-year, with a gross margin of 56.68%, down 3.1 percentage points [2]. - The cableway transportation segment generated 46 million yuan, down 21% year-over-year, with a gross margin of 73.36%, down 4.7 percentage points [2]. - The boat tour segment saw revenue of 44 million yuan, an increase of 31% year-over-year, with a gross margin of 74.09%, up 3.8 percentage points [2]. - The hot spring hotel segment reported revenue of 4 million yuan, down 18% year-over-year, while the travel agency segment also saw revenue of 4 million yuan, down 20% [2]. Profitability and Dividends - The overall gross margin for 2024 was 55.6%, a decrease of 4.4 percentage points year-over-year, with a sales expense ratio of 1.2%, up 0.7 percentage points due to increased marketing activities during the off-peak season [2]. - The net profit margin was 28.5%, down 6.1 percentage points year-over-year [2]. - The company plans to distribute a cash dividend of 3 yuan per 10 shares, totaling 46.5 million yuan, which represents 53.8% of the annual net profit [2]. Shareholding and Control - On September 26, 2024, the company's controlling shareholder, Xinjiang Tianchi Holdings, signed a voting rights entrustment agreement with Xinjiang Cultural Tourism Investment, transferring 23.64% of the company's shares and corresponding voting rights [3]. - Following this agreement, Xinjiang Cultural Tourism Investment will become the controlling shareholder, with the regional state-owned assets supervision and administration commission as the actual controller, which is expected to enhance management efficiency and business development [3]. Future Outlook - The company is positioned as the leading tourism stock in Xinjiang, leveraging the growth in tourist traffic to the Tianshan Tianchi scenic area [3]. - Revenue projections for 2025-2027 are 349 million yuan, 391 million yuan, and 434 million yuan, representing year-over-year growth of 15%, 12%, and 11% respectively [3]. - Expected net profits for the same period are 105 million yuan, 122 million yuan, and 138 million yuan, with growth rates of 21%, 16%, and 14% respectively [3].

"五一"带动消费热潮——多个旅游平台数据显示，"年假+公共假期""拼假"游客较去年同期显著增长。 假期更长，大家玩儿得也更远了，去哪儿数据显示，用户酒店预订遍布全球1837个城市，比去年多432 个城市。 同程旅行发布的《2025"五一"假期旅游消费洞察报告》显示，今年"五一"假期国内旅游市场的热度或创 历史新高，且旅行热度有望延长到假期结束后的首个周末。其中，国内旅游市场供需两旺，呈现出"城 市大休闲、乡村微度假"的特点。 高星酒店预订热度高于低星 假期"奔县游"热度飙升 "五一"是一场躲避人海的智慧游戏。特别是一线和新一线城市居民，在去哪儿平台上搜索量最高的热词 是"反向""人少""冷门"。县城成为"反向旅游"最火目的地。在去哪儿平台上，"五一"酒店预订遍布1230 个县。覆盖全国近九成的县。县城酒店预订量同比去年增长30%。从客源地来看，一线和新一线城市居 民占比超过六成。 同程旅行数据显示，今年"五一"假期，国内十大热门火车线路几乎全部为"1小时高铁直达"的路线。具 体包括：广州南-深圳北；昆明-曲靖；北京南-天津；长春-吉林(市)；昆明-玉溪；重庆北-万州北；贵阳 北-毕节；苏州-上海；成都东-绵阳 ...

"五一"假期向旅客赠送超5万个椰子，提供免费接送、智慧行李等服务 喝完椰子水，木瓜又"上线"。5月2日，三亚木瓜协会主动参与暖客活动，精心准备500份三亚本地 木瓜礼袋，在机场免费赠送给国内外游客，传递三亚的好客之道。 "青椰空闲，红椰繁忙，这设计太有海南特色了。"5月2日，来自四川的王女士在亚龙湾招手搭乘前 窗贴着青椰标识的"甜椰车"，免费抵达目的地后忍不住拍照分享。为方便旅客假日出行，三亚携程投入 100辆专属车队，通过"招手即停"的免费接送服务，串联起景区、商圈与城市街巷。 三亚：花式"宠粉"打造暖心之旅 海南日报三亚5月5日电(海南日报全媒体记者 李梦楠)"是谁领到了三亚的免费椰子?是我!""这座城 市和手中的椰子一样甜!"……今年"五一"假期，三亚以一场诚意满满的"全城赠椰"活动引来众多游客在 社交媒体发帖点赞。截至5月5日下午，三亚向游客及城市服务工作者累计免费派送椰子5万余个。 在三亚凤凰国际机场到达大厅，游客刚出廊桥便能收获一颗饱满的椰子;三亚湾流动闪送车化身"惊 喜使者"，将清甜送至游客手中;椰子保龄球、赶椰子比赛等活动点燃了大东海广场……通过"定点+闪 送""体验+互动"模式，三亚为中外游 ...

2场省级赛事激情与风采同绽。5月1日-3日，2025年"奔跑吧・少年"海口市青少年U系列足球比赛分 别在海口市世纪公园足球场和五源河体育馆举行。5月4日，2025年"奔跑吧・少年"海南省青少年轮滑挑 战赛(保亭站)在保亭黎族苗族自治县开赛。 省旅文厅相关负责人表示，这些赛事的举办，不仅为我省青少年体育爱好者提供了展示自我、切磋 技艺的优质平台，更成为"五一"假期带动海南旅游消费的重要引擎。 据悉，赛事的举办，拉动了周边住宿、餐饮、零售等行业的消费。赛事举办地周边的酒店、民宿在 假期期间入住率攀升，特色餐饮门店日均客流量也实现了增长。陵水黎族自治县还推出"观赛+旅游"景 区门票折扣等优惠活动，吸引游客在观赛之余深度探索陵水，进一步激发了旅游消费潜力。 "五一"期间我省推出多场青少年赛事，吸引3000多名省内外选手同台竞技 跟着赛事游海南 海南日报讯(海南日报全媒体记者 王黎刚)"五一"期间，我省以"体育+旅游"为核心，联动海口市、 白沙黎族自治县、陵水黎族自治县、保亭黎族苗族自治县四地，精心推出3场全国级赛事和2场省级赛 事，吸引3000多名省内外选手参加。 3场全国级赛事竞技性与观赏性并存。5月1日和2日，2 ...

"五一"小长假，矗立了近3万年的乌兰哈达火山群以其神奇的地貌吸引着全国各地的游客。在乌兰 哈达火山群，游客们攀登火山、遥望地质奇观、身着宇航服拍照打卡……感受着别样的火山魅力。仅小 长假前4天，该火山群接待游客近10万人次，成了热门打卡地。 乌兰哈达火山景区位于乌兰察布市察右后旗境内，火山群占地面积约260平方公里，分布着30余座 时代不同、大小不一、形态各异的火山。火山活动始于约2.6万年前，休眠距今约6000年。乌兰哈达火 山是内蒙古高原南缘全新世（距今约1.17万年）所发现的有过喷发的唯一火山群。 乌兰哈达火山奇特而壮美，尤其是剖开的宏大锥体断面国内少有，有些类型的火山世界罕见，是名 副其实的天然火山博物馆，是窥视地球内部奥秘的天然"窗口"，具有重要的科研、科普和旅游观光价 值。 为推动旅游产业高质量发展，近年来，乌兰察布市委、政府把发展四季旅游作为推动全市高质量发 展的重要抓手。如今，旅游产业已成为全市支柱产业。特别是去年冬季，乌兰察布市开展的"1点7线， 百天百场"系列活动精彩纷呈，启动日当天全网浏览量达4.84亿人次，极大地提升了乌兰察布市各景点 的知名度。其中，乌兰哈达火山、乌兰察布之夜、红石崖 ...

Group 1: Xiaomi and Neta Auto - Xiaomi has renamed its driving assistance feature from "Xiaomi Intelligent Driving Pro" to "Xiaomi Assisted Driving Pro" for the standard version of its SU7 model [1] - Neta Auto's app and website experienced downtime due to unpaid data fees, but have since resumed normal operations [3] Group 2: Nvidia and AI Chip Export Controls - Nvidia criticized Anthropic for supporting U.S. government measures to tighten AI chip export controls to China, emphasizing the strength of China's AI talent pool [3] - Nvidia is developing a new AI chip that complies with U.S. export regulations to maintain its market presence in China [3] Group 3: Nvidia CEO Compensation - Nvidia CEO Jensen Huang's salary will increase to $49.9 million in 2025, marking the first salary increase in ten years [4][5] Group 4: Apple Bond Issuance - Apple plans to issue investment-grade corporate bonds for the first time since 2021, with discussions indicating a yield approximately 0.7 percentage points above U.S. Treasury rates [6] Group 5: Travel and Tourism Trends - Ctrip reported a 130% year-on-year increase in inbound travel orders during the May Day holiday, reflecting a strong recovery in the domestic tourism market [7] - Meituan Travel noted an 80% increase in high-star hotel bookings in county areas during the same holiday period [8] Group 6: E-commerce and Delivery Services - Ele.me announced that orders from the newly launched Taobao Flash exceeded 10 million within six days, indicating a significant surge in demand [9] - Suning reported a 57% increase in trade-in orders during the May Day holiday, with a 79% rise in sales of appliances priced over 10,000 yuan [10] Group 7: Tesla and Microsoft Pricing Changes - Tesla launched a dedicated 512GB USB drive priced at 599 yuan for vehicle recording purposes, providing a reliable storage solution for users [11] - Microsoft announced price increases for Xbox consoles and games, with the Xbox Series S rising by $80 and the Series X by $100, reflecting a trend of rising development costs [12]

Core Viewpoint - The low-altitude economy is emerging as a vibrant new sector in the consumer market, driven by policy support and technological advancements, with a focus on enhancing consumer experiences through various low-altitude activities [8][10][19]. Group 1: Low-Altitude Tourism and Experiences - During the recent "May Day" holiday, over 200 visitors per day experienced low-altitude tourism in the Songshan Shaolin Scenic Area, highlighting the growing popularity of such activities [8][12]. - The Linlu Mountain International Paragliding Base saw a surge in visitors, with over 1,000 pre-sale tickets sold in five days prior to the holiday, indicating a strong demand for paragliding experiences [9][10]. - The integration of sports, education, tourism, and culture in low-altitude activities is creating diverse consumer experiences, with various projects like paragliding, powered paragliding, and hot air ballooning becoming more mainstream [10][11]. Group 2: Policy and Economic Development - The Central Government's recent action plan emphasizes the need to accelerate the development of the low-altitude economy, including low-altitude tourism and consumer drones, providing a clear direction for future growth [8][19]. - In Henan, leveraging cultural tourism and policy benefits, the low-altitude economy is being positioned as a platform for consumption upgrades [8][15]. - The establishment of low-altitude economic alliances and investment groups in cities like Zhengzhou and Anyang is aimed at fostering industry growth and attracting key players to the sector [15][17]. Group 3: Technological and Infrastructure Support - The development of a low-altitude intelligent network, supported by 5G technology, is crucial for ensuring real-time data transmission and enhancing the safety and efficiency of low-altitude operations [16][17]. - The integration of various sectors, including logistics, agriculture, and tourism, through the use of drones is expanding the applications of the low-altitude economy [13][14]. - The establishment of multiple general aviation airports across the province is facilitating the growth of the low-altitude economy by improving access and operational capabilities [17][19]. Group 4: Market Potential and Future Directions - The low-altitude economy is seen as a potential new growth point for the economy, with significant opportunities for innovation and consumer engagement [10][19]. - There is a need for a comprehensive approach to overcome existing challenges, such as infrastructure gaps and regulatory hurdles, to fully realize the potential of low-altitude consumption [18][21]. - The focus on creating diverse and integrated low-altitude experiences, such as combining aerial activities with local cultural offerings, is essential for attracting a broader consumer base [20][21].