Core Viewpoint - Zhejiang Xiangyuan Cultural Tourism Co., Ltd. (hereinafter referred to as "the Company") has responded to the Shanghai Stock Exchange's inquiry regarding its 2024 annual report, focusing on its business relationships with Shandong Meiheng and Shandong Rongrun, including sales figures and operational details [1][2]. Business Operations and Relationships - The Company has engaged in cloud communication business with Shandong Meiheng and Shandong Rongrun since 2019, with a gradual shift towards cultural tourism as its main business post-restructuring in 2022 [3][4]. - Sales figures for the cloud communication business from 2019 to 2024 show a decline in revenue contribution, with total revenue of 30.56 million yuan in 2024, accounting for 1.70% of the Company's total revenue [3][4]. - The Company’s main supplier, Shandong Rongrun, had a prepayment amount of 1.523 million yuan, while Shandong Meiheng was identified as a major customer with sales of 30.56 million yuan in 2024 [1][4]. Business Model and Processes - The cloud communication business model involves establishing a messaging platform that aggregates various SMS suppliers' capabilities, ensuring timely and efficient message delivery [5][6]. - The Company actively sought partnerships with major telecom operators and leveraged its existing resources to develop its cloud communication services, leading to a successful collaboration with Shandong Rongrun and Shandong Meiheng [5][6]. - The procurement process involves prepayment for SMS services, with a unit price of 0.02 yuan per SMS for a total of 100 million SMS purchased from Shandong Rongrun [10][11]. Financial Performance - The financial performance of the cloud communication business has shown fluctuations, with net profits ranging from -11.89 million yuan in 2020 to 33.53 million yuan in 2023, indicating a challenging yet evolving business landscape [3][4]. - The Company reported a total of 5.555 million yuan in revenue from its top five customers in the cloud communication sector for 2022, with Shandong Meiheng accounting for 50.25% of the total revenue [14][15]. Customer and Supplier Dynamics - The Company has established a clear distinction between its customers and suppliers, with Shandong Meiheng being a non-related party, ensuring transparency in its business dealings [14][15]. - The Company’s procurement strategy includes maintaining a stable SMS inventory through prepayments, which helps mitigate risks associated with supply chain disruptions [16][17].

广安集团点亮文旅科技融合新篇章！ 由北京市文化和旅游局主办的2025年第三届北京国际文旅消费博览会于6月20日上午在北京展览馆开展。作为西城区展区的参展单位，广安集团携旗下前 沿数字科技品牌"数字山河"及深度文化研学品牌"广安知行"亮相本次展会，以"科技+文化"双引擎驱动，展示文化遗产保护与传承的革新路径。"广安科技 板块-数字山河"聚焦文旅文博领域的数字化创新，带来的数字文旅文博精灵、数字水印技术、裸眼 3D Pad、以及 AIGC智能拍照一体机等多项前沿科技， 致力于通过多维互动、虚实结合的方式，为游客打造前所未有的智慧文旅体验，生动激活历史文化资源的数字生命力，成为本届消博会西城展区的一大亮 点。 瑞蚨祥亮相北京文旅消博会 6 月 20 日至 22 日，2025 北京国际文旅消费博览会在北京展览馆盛大举行。瑞蚨祥作为拥有百年历史的中华老字号，荣幸受邀参展，以匠心与创新融入这 场文旅消费盛宴。创立于1862年的瑞蚨祥，以深厚底蕴与精工技艺闻名于世。本次展会，我们以"非遗匠心"融合"国潮美学"，精心呈现。本次展会，瑞蚨 祥带来的展品包括：纯手工制作的盘扣胸针、蚕丝发簪等非遗文创饰品，寓意美好，雅致随身；新中 ...

Group 1 - The company is holding its second extraordinary general meeting of shareholders on June 30, 2025, to ensure shareholders can exercise their rights and maintain order and efficiency during the meeting [1][2] - Shareholders attending the meeting must present identification and shareholder account cards to receive meeting materials [1][2] - The meeting will have a speaking arrangement where each shareholder can speak for a maximum of 3 minutes, and the order of speaking will be based on the number of shares held [2][3] Group 2 - The meeting will adopt a written voting method, where shareholders can express their approval, disapproval, or abstention on the voting ballot [3][4] - The results of the voting will be announced after the counting process, which will be supervised by designated personnel [4] - The agenda includes the election of a new director following the resignation of Mr. Sun Dongyang, who played a significant role in the company's development [4][5] Group 3 - The company has nominated Mr. Fang Yan as a candidate for the non-independent director position, with his term starting from the approval date of the shareholders' meeting [5][6] - Mr. Fang Yan has a strong background in tourism and management, having held various positions in the tourism sector and is currently an assistant president at Xiangyuan Holding Group [5][6] - As of the date of the meeting materials disclosure, Mr. Fang Yan does not hold any shares in the company and meets the qualifications to serve as a director [6]

| | | | 海南思桓投资有限公司（出资额：200万元，出资比例：20%） 【新 | | --- | --- | --- | --- | | | | 杭州艾亢企业管理有限公司 (出资额:400万元,出资比例:40%) | 讲】 | | | 投资人变更(包括出资 | 【6畳出】 | 杭州梦芒文化科技有限公司(出资额:200万元,出资比例:20%) | | | | 杭州杯盏商业管理有限公司(出资额:300万元,出资比例:30%) | 【新进】 | | 2025-06-19 | 额、出资方式、出资日 【退出】 | | 武汉星竞威武文体发展有限公司 (出资额: 400万元, 出资比例: 4 | | | 期、投资人名称等） | 九桓置业发展（北京）有限公司（出资额：300万元，出资比例：3 | 0%) 【新进】 | | | 0%) 【退出】 | | 武汉市兴华观网络科技有限公司（出资额：200万元，出资比例：2 | | | | | 0%) 【新进】 | | | 丁一 (经理) | | 丁一 (经理) 宫观舒(监事) 李梓真,(童事) | | 2025-06-19 | 高级管理人员各家 (查 目况时 (监导) | | ...

Core Insights - The "Grassland New Chapter · New Future of Cultural Tourism" event in Inner Mongolia aims to promote high-quality development in the cultural tourism sector, integrating culture and tourism at various levels [1][2] - The event features the launch of the first batch of Inner Mongolia's tourism famous counties and various new tourism products, including "Self-driving the Grassland · Living in Inner Mongolia" [1] - The main venue, "Tianxia Yellow River First Village," showcases a blend of traditional village elements with modern tourism experiences, enhancing visitor engagement through diverse activities [1] Group 1 - The event is organized by the Inner Mongolia Cultural and Tourism Department and Baotou Municipal Government, emphasizing the strategic deployment of high-quality cultural tourism development [1] - The opening ceremony included the release of tourism products and action plans aimed at integrating cultural, tourism, and agricultural sectors [1] - The venue features a 195-acre traditional village area that integrates local cuisine, cultural experiences, and leisure activities to attract visitors [1] Group 2 - The event includes a non-heritage cultural and creative tourism product market, connecting various regions through themed tours and interactive experiences [2] - Baotou City will host a series of cultural and sports activities, such as the 2025 China Baotou Street Dance Open and a dragon boat race, showcasing the city's rich cultural resources [2] - Innovative products like "non-heritage blind boxes" and "non-heritage experience packs" are introduced to appeal to modern consumers [2]

Core Insights - The 12th "Belt and Road" Cultural Tourism Technology High-Quality Development Conference and International Silk Road Boutique Expo was held in Shanghai, focusing on new opportunities for the development of China's cultural tourism industry [1] - iBox Chain Box was invited to participate in the event and was recognized for its innovative practices in the digital cultural tourism sector [2] Group 1: Event Overview - The conference was guided by the China Commercial Culture Research Association and co-hosted by various organizations, highlighting its significance in the cultural tourism resource integration field [1] - The event has been successfully held in multiple cities, establishing itself as a top-tier gathering with substantial influence and effectiveness in the industry [1] Group 2: iBox Chain Box's Achievements - iBox Chain Box's project, "iBox Chain Box Assists Shennong Tribe's Digital Cultural Tourism Integration Practice," was selected as a new cultural tourism brand demonstration case for 2025 due to its outstanding innovation [1][2] - The collaboration with Hubei Shennong Tribe Scenic Area introduced the "Crypto Kid" PFP digital avatar, merging digital collectibles with cultural tourism experiences [2] Group 3: Industry Trends - The cultural and tourism sectors are undergoing an unprecedented digital transformation, with iBox Chain Box actively exploring and practicing the integration of cultural tourism and technology [2] - The use of blockchain technology in the project aims to revitalize cultural IP and enhance user engagement through exclusive benefits linked to the digital avatar [2]

Core Insights - The Ministry of Culture and Tourism has announced that 16 pilot regions, including Haidian District in Beijing, have successfully passed the evaluation for the development of a credit economy in the cultural and tourism market [1][2] - The pilot program, initiated in August 2021, aimed to enhance credit commitment systems, promote credit brand building, optimize credit consumption environments, and strengthen integrity culture [1] - As of now, a total of 30 regions have been designated as pilot areas, contributing to improved credit regulation and market development integration, thereby enhancing the integrity level and consumer confidence in the cultural and tourism market [2] Group 1 - The pilot regions have accumulated typical experiences in enhancing credit regulation efficiency and exploring credit transaction models [1] - The first batch of pilot regions included 14 areas such as Dalian, Huangpu District in Shanghai, and Wulong District in Chongqing, which successfully passed evaluation in February 2023 [1] - The newly launched pilot program for 2023-2024 aims to explore new paths for credit empowerment in the cultural and tourism market [2] Group 2 - The selected 16 regions for the new pilot program include areas from Beijing, Hebei, Liaoning, and others, focusing on high-quality development in the cultural and tourism sector [2] - The typical experiences from these pilot regions have addressed the challenges of integrating credit regulation with market development [2] - The establishment of a replicable credit economy model is expected to lay a long-term credit foundation for the high-quality development of the cultural and tourism market [2]

Group 1 - The Hubei Provincial Government aims to attract over 1,000 industrial projects each year with investments exceeding 1 billion yuan by 2027, with a focus on advanced manufacturing projects [1] - The plan emphasizes the role of local "chain master" enterprises in driving the industry chain, establishing a directory of supporting enterprises, and promoting deeper integration into Hubei's industrial and supply chains [1][2] - The strategy includes encouraging regional advantages for vertical integration and horizontal expansion of industry chains, promoting a cluster-style investment approach [1][2] Group 2 - The government will implement a "three-chain" work mechanism involving government leadership, enterprise guidance, and support from research institutions to address key industry challenges and attract core technology investments [2] - The focus will be on the entire project lifecycle, including attracting incubators, financial investment, and talent, to create a comprehensive industrial ecosystem [2] - The plan includes exploring application scenario investments in sectors like health, culture, and smart technology, with a focus on new technology applications and industry cultivation [2] Group 3 - The strategy aims to optimize the use of existing resources, attract venture capital, and develop modern industrial parks that integrate research, education, and industry [3] - The government will promote a diversified approach to land supply and reduce enterprise costs, while establishing specialized funds to support key industrial clusters [3] - The plan includes a "technology + industry + platform" investment model, enhancing the construction of specialized technology parks and supporting high-quality innovation projects [3]

Group 1 - The article emphasizes the successful reform of tourism management in Lushan, Jiangxi, breaking down institutional barriers and addressing historical issues, providing a valuable reference for the innovative development of traditional scenic areas [1] - The tourism management reform includes restructuring institutions for efficiency, implementing a "1+N" model for integrated management, and streamlining administrative and operational functions [1] - A collaborative mechanism involving scenic areas, local governments, and departments has been established to clarify responsibilities and enhance management precision through a unified leadership and tiered responsibility approach [1] Group 2 - The article discusses the innovation in tourism operation and management mechanisms, focusing on the integration of tourism resources, state assets, and management to achieve efficient resource utilization and optimized operations [2] - A cultural tourism holding group has been formed to strengthen overall planning, improve modern corporate governance, and enhance asset scale through strategic restructuring of scenic area assets [2] - The article highlights the importance of targeted marketing strategies aimed at local and youth demographics, the development of themed tourism products, and the integration of arts and culture to create personalized experiences [2]

Core Viewpoint - The integration of financial services with sports and cultural tourism in Jiangsu Province is driving local economic growth, particularly through the 2025 Jiangsu Urban Football League (Su Super) [1][2]. Group 1: Financial Institutions' Role - Jiangsu Bank serves as the title sponsor of the Su Super, innovating financial services by launching a "Su Super Zone" on its mobile banking app, offering ticket discounts and promotional benefits [1]. - The bank has introduced a "Su Super co-branded card" that stimulates growth in dining and cultural tourism consumption, effectively linking financial services with tourism [1]. - Zijin Property Insurance Co., Ltd. provides insurance services for the event, ensuring the safety of players and staff, thereby reducing risks for the event organizers [1]. Group 2: Support for Cultural Tourism Industry - Chinese Bank Jiangsu Branch has signed a strategic cooperation agreement with the Jiangsu Provincial Department of Culture and Tourism, increasing credit investment in scenic area construction and related projects, with a credit balance of 15.529 billion yuan in the cultural tourism sector as of May [2]. - The Su Super has spurred a surge in cultural tourism, with Meituan Travel reporting a 305% year-on-year increase in scenic area bookings from June 3 to 8, creating a positive cycle of "watching matches - tourism - consumption" [2]. Group 3: Future Directions for Financial Empowerment - Financial institutions are encouraged to tailor financial products for different entities in the cultural tourism industry, such as scenic spots and hotels, and to leverage digital technology for an integrated service system [3]. - There is a need for financial institutions to develop exclusive financial products for small and micro enterprises in the cultural tourism sector, enhancing service convenience and efficiency through fintech [3]. - Financial support for upstream and downstream industries related to the Su Super is essential, including lifecycle financial services for sports equipment manufacturers and affordable credit products for small and medium enterprises [3].