Core Viewpoint - Xiyu Tourism Development Co., Ltd. is experiencing a significant decline in net profit for the first half of 2025, with an expected decrease of 62.55% to 69.36% year-on-year, primarily due to the early-stage market cultivation of new tourism projects [2] Group 1: Financial Performance - The company anticipates a net profit attributable to shareholders of between 9 million to 11 million yuan for the reporting period [2] - The decline in performance is attributed to the early market cultivation phase of projects like "Encounter Kashgar" and "Encounter Sailake" [2] Group 2: Strategic Initiatives - The company is focusing on transforming its business model from a resource-dependent approach to a consumer-centered "value experience" model in response to changes in the tourism market [2] - Xiyu Tourism is leveraging its unique resource advantages at Tianshan Tianchi Scenic Area to develop new cultural tourism consumption ecosystems [2] Group 3: Project Development - The large-scale immersive performance project "Encounter Kashgar" has attracted over 70,000 visitors since its premiere in December 2024, significantly boosting surrounding tourism activities [3] - The "Encounter Sailake" immersive performance center aims to showcase the seasonal beauty of Sailake and began testing in May 2025 [3] Group 4: Shareholder Confidence - The controlling shareholder, Xinjiang Cultural Tourism Investment Group, plans to increase its stake in the company by acquiring between 1.35% and 0.70% of total shares within six months [4] - As of July 4, 2025, Xinjiang Cultural Tourism Investment Group and its affiliates increased their shareholding from 28.79% to 29.00% [4] Group 5: Market Strategy - The company intends to enhance promotional efforts, adjust marketing strategies flexibly, and improve service quality to expand market share and ensure project profitability in the second half of the year [4]

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、本期业绩预计情况 （一）业绩预告期间 （二）业绩预计情况 预计归属于上市公司股东的净利润为正值且属于下列情形之一： √扭亏为盈 □同向上升 □同向下降 证券代码：000978 证券简称：桂林旅游 公告编号：2025-037 桂林旅游股份有限公司 新，通过优化产品结构、强化市场营销、加强应收款催收力度等系列举措，公司 丰鱼岩、资江天门山景区）共接待游客约 148.02 万人次，同比增长约 3.09%；漓 江游船客运业务共接待游客约 33.82 万人次，同比增长约 1.62%；漓江大瀑布饭 店接待游客约 10.73 万人次，同比增长约 6.98%。 和公司会计政策的规定，公司在 2025 年 1-6 月转回前期已计提的坏账准备 1,999 万元，增加公司 2025 年半年度净利润 1,999 万元，为非经常性损益。 四、风险提示 本次业绩预告是公司财务部门初步核算的结果，具体财务数据将在公司 五、其他相关说明 项 目 2025 年 1-6 月 2024 年 1-6 月 归属于上市公司股东的净利润 盈利：约 800 ...

Group 1 - A large 4A scenic area in Hangzhou, covering over 6,700 acres, has been reported to be demolished, highlighting the increasing number of 4A scenic areas facing severe losses or closures [2][3] - The Lanli scenic area, once a popular destination, has seen a significant decline in visitors and has been unable to sustain operations, leading to its management team's withdrawal after two years [2][3] - The overall trend indicates that many 4A scenic areas are struggling, with some even declaring bankruptcy, as evidenced by the closure of several notable scenic spots across the country [6][7][9] Group 2 - The tourism market is increasingly dominated by a few top-tier 5A scenic areas, which account for a significant portion of the total revenue, while 4A and below scenic areas are facing a collective decline [10][19] - Data shows that the number of A-level scenic areas has increased, but their revenue has decreased significantly, indicating a crisis in earnings for 4A and below scenic areas [19][20] - The disparity in performance between 5A and 4A scenic areas is exacerbated by the lack of effective marketing and engagement strategies among the latter, leading to their inability to attract and retain visitors [11][12][18] Group 3 - The decline of 4A scenic areas can be attributed to insufficient influence and promotional efforts compared to more prestigious 5A areas, resulting in a lack of long-term viability [11][12] - Successful examples of revitalization in the tourism sector, such as the "Su Chao" phenomenon, demonstrate the importance of creative marketing and community engagement in attracting visitors [13][14][16] - Strategies for improving the performance of 4A scenic areas include enhancing visitor experiences through unique offerings and establishing trust with tourists through genuine and affordable services [20][23]

Core Insights - The extreme high temperatures in China are becoming a new normal, with temperatures exceeding 40°C expected to be more common this summer [2] - The tourism industry, traditionally busy during the summer months, is experiencing a significant decline in visitor numbers due to extreme heat [3][4] - The changing consumer mindset towards leisure and vacation is leading to a shift away from traditional scenic spots to new entertainment options [11][20] Group 1: Impact of Extreme Heat on Tourism - On July 10, the Central Meteorological Observatory issued over 200 high-temperature warnings, indicating that most regions experienced temperatures above 35°C, with many exceeding 37°C [1] - Theme parks and outdoor attractions are seeing a 30% drop in daily visitor numbers due to extreme heat, with many visitors unable to stay for long periods [4][5] - Even in cooler mountainous areas, visitor numbers are down as the distance from urban centers and the extreme heat deter potential tourists [6][7] Group 2: Changing Consumer Preferences - The traditional view of visiting scenic spots for leisure is shifting; families are now prioritizing comfort and convenience over visiting crowded tourist attractions [9][10] - The core purpose of summer travel for families has evolved to simply finding places for children to expend energy while adults relax, rather than visiting traditional scenic spots [19][20] - New leisure and entertainment options are increasingly attracting visitors away from traditional scenic areas, as they offer more appealing experiences during extreme heat [21][22] Group 3: Strategies for Scenic Areas - Scenic area operators are recognizing that extreme heat is not the sole reason for declining visitor numbers; a lack of innovative attractions is a significant factor [28] - Some scenic areas are adapting by extending operating hours into the evening, adding cooling features, and hosting events to attract visitors despite the heat [30][31][32] - Operators are aware of the competitive landscape, with urban commercial complexes increasingly drawing visitors away from traditional scenic spots [23][24]

Core Insights - In the first half of 2025, 55 listed companies in the cultural tourism sector were analyzed, with 31 experiencing an increase in market value and 24 seeing a decline [3][18] - The highest market value increases were recorded by Wanda Hotel Development at 173.65%, Feiyang Group at 140.7%, and Jinma Amusement at 92.68% [3][4] - Conversely, the largest declines were seen in Lujing Technology at -48.03%, Lingnan Holdings at -43.34%, and Yingxin Development at -26.03% [6][7] Market Value Changes - As of June 30, 2025, the total market value of Wanda Hotel Development was 2.699 billion, while Feiyang Group and Jinma Amusement had market values of 0.126 billion and 4.521 billion respectively [4][7] - Ctrip led the market with a total value of 274.37 billion, followed by China Duty Free at 124.57 billion and Huazhu at 74.53 billion [8][9] - The overall market value of the remaining 52 companies was 390 billion, indicating a significant concentration of value among the top three companies [8] Sector Performance - The cultural tourism sector showed a mixed performance, with scenic area companies generally performing well, such as Haichang Ocean Park with a 39.1% increase and Zhangjiajie with a 28.55% increase [12][13] - Hotel companies also showed varied results, with Huazhu leading at 745.31 billion, while Atour saw a 20.41% increase [14][15] - Online travel companies experienced declines, with Ctrip and Tuniu dropping by 14.94% and 17.79% respectively, while Tongcheng saw a modest increase of 6.08% [16][17] Company-Specific Developments - Wanda Hotel Development's significant increase in market value was attributed to the sale of its subsidiary Wanda Hotel Management for 2.5 billion, which is expected to improve its financial structure [6][7] - Lujing Technology's decline was linked to negative media coverage regarding its management capabilities in scenic area operations [7][8] - The overall performance of cultural tourism companies reflects ongoing operational pressures, with some companies like Fosun Tourism Culture delisting from the Hong Kong stock market [18][19]

毕节思变，毕节已变。 地处云贵川三省交界的乌蒙山区，曾是全国14个集中连片特困地区之一，乌蒙腹地的毕节市更是"贫中 之贫"。1988年6月，全国唯一以"开发扶贫、生态建设"为主题的毕节试验区建立，并先后被习近平总书 记赋予"为贫困地区全面建成小康社会闯出一条新路子"、"努力建设贯彻新发展理念示范区"的历史使 命。 "示范区"一词承载着开拓创新的精神内核，恰如600年前的彝族女政治家奢香夫人，以非凡胆识凿通乌 蒙绝壁，开辟龙场九驿，打通了贵州连通外界的文明通道。 如今，在乌蒙腹地的毕节，"凿山通途"的开拓和奋斗传统仍在延续。群山众水曾是阻碍，而今成为毕节 文旅发展的独特禀赋。2024年毕节全市接待游客超8800万人次，旅游总收入突破900亿元。 毕节玉簪 花云海景区有着目前已经发现的全世界面积最大的连片野生玉簪花带。 毕节市委宣传部 供图 毕节文旅高人气的背后，是一系列复杂因素化学反应的结果，既得益于先天优势的被有效激发，更离不 开后天的持续努力，贯彻着创新、协调、绿色、开放、共享的新发展理念。 "开拓"意味着要跳出传统思维桎梏，实现发展理念的根本转变。在九洞天，攀岩者可以触摸亿年喀斯特 地貌肌理；游客可以通过 ...

6月2日，中国气象学会正式授予湖北省利川市"中国凉爽之城"的荣誉称号。这里夏季平均气温为清爽的 22℃左右，几乎是大自然赐予人类的"天然空调房"。 北纬30度的"神秘纬线"造就了这一方处于重庆和武汉两大"火炉"之间的清凉秘境，但凉感只是利川最概 念化的标签，深藏其下的万千气象，才让人真正心驰神往。 01 寻找真正的"凉城" 暑气蒸腾，蝉鸣聒噪，今年夏天的热浪又是来势汹汹。 在一众避暑目的地中，湖北恩施土家族苗族自治州的名字常常跃入视野。不过，那些真正探访恩施的旅 行者或许会推荐一个更为精确的去处。在恩施州西南部，巫山山脉与武陵山脉交会处，藏着一座名副其 实的"凉城"——利川。 自古以来，利川都像是大山里偏远的世外桃源。四周群山环抱，南部山高坡陡，沟谷幽深，东北、西北 高山耸立，城区位于盆地偏东部位，海拔1079.5 米，尽享山中的无尽清凉。 更难得的是，利川的降水、湿度、风速、气压、日照因素都组合得恰到好处。独特的地理气候条件为利 川带来了"天然氧吧、中部凉城"的美誉，也造就了奇妙多样的气象景观。 大茅坡的云海气势磅礴，G242国道的2234公里至2240公里的下坡段都是云海景观带，每年夏秋两季都 会吸引大批 ...

"来威海不上刘公岛,等于白来!"这是流传在威海人口中的一句俗语。 随着暑假到来,刘公岛迎来暑期旅游旺季。刘公岛上有什么?又在以如何的半径向外拓展自己的圆弧 呢?"我们正用历史的眼光、现代的思维和国际化的视野,不断放大历史文化资源和综合教育优势,精心守 护这座'中华民族警醒之岛'。"刘公岛管委的一位负责人说。 李孟霏 潘佳蓬 威海报道 历史基因 让历史文物与现代对话 一座刘公岛,半部近代史。作为北洋海军的成军地和覆没地,刘公岛见证了中华民族由盛到衰,再从生死边 缘走向伟大复兴的历史进程,是中国梦的起始和发轫之地。 在刘公岛管委工作人员眼中,岛上的28处国宝级文物遗址是"醒着的教科书"。近年来,他们投入巨资,让水 师学堂、东泓炮台等十余处遗迹重焕生机。修复面积已超10万平方米,但这只是管护总量的1/6,前路仍 长。 修复只是起点。"在文物面前,我们不分产权。"一位负责人语气坚定。英租时期的共济会馆产权归属部 队,他们仍携手进行保护性修缮。而像海水蒸馏所这类老建筑,则被巧妙激活:依托其高阔原貌举办临时展 览,斑驳砖墙与现代展板形成历史对话,成为独特的文化交流空间。 如何让历史不再冰冷?甲午战争陈列馆内,一封百年前的 ...

证券代码：000888 证券简称：峨眉山A 公告编号：2025-41 峨眉山旅游股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 峨眉山旅游股份有限公司 2024 年年度权益分派方案已获公 司 2025 年 5 月 19 日召开的 2024 年年股东大会审议通过，现将 权益分派事宜公告如下： 一、股东大会审议通过权益分派方案情况 发现金股利 2.5 元（含税），不转增资本公积金，不送红股。若 本次利润分配方案实施前公司总股本发生变化的，公司将按照分 配总额固定不变的原则进行调整。 化。 分派方案及其调整原则一致。 本公司 2024 年年度权益分派方案为：以公司现有总股本 币现金（含税；扣税后，通过深股通持有股份的香港市场投资者、 境外机构（含 QFII、RQFII）以及持有首发前限售股的个人和证 券投资基金每 10 股派 2.250000 元；持有首发后限售股、股权激 励限售股及无限售流通股的个人股息红利税实行差别化税率征 收，本公司暂不扣缴个人所得税，待个人转让股票时，根据其持 股期限计算应纳税额【注】；持有首发后限售股、股权激励限售 股及无限售 ...

Group 1 - The company expects to achieve a net profit attributable to the parent company of between 90 million to 97 million yuan for the first half of 2025, representing an increase of 30.57 million to 37.57 million yuan compared to the same period last year, which is a year-on-year increase of 51.44% to 63.22% [1][2] - The company anticipates a net profit attributable to the parent company after deducting non-recurring gains and losses of between 77 million to 84 million yuan, which is an increase of 19.46 million to 26.46 million yuan compared to the same period last year, reflecting a year-on-year increase of 33.83% to 45.99% [2] - The main reasons for the profit increase include the addition of new scenic spots such as Mangshan Wuzhifeng Scenic Area, Danxia Mountain Scenic Area, and Sichuan Wolong Giant Panda Base, which contributed to increased operating income, along with government subsidies [2] Group 2 - The previous year's net profit attributable to the parent company was 59.4281 million yuan, and the net profit after deducting non-recurring gains and losses was 57.5367 million yuan [2] - The total profit for the previous year was 84.2211 million yuan, and the earnings per share were 0.06 yuan [2]