Core Points - Jilin Province has entered winter earlier than usual, becoming one of the first provinces in China to do so this year [1][3] - The average temperature in Jilin has dropped significantly, with a notable decrease of over 10°C following two cold air masses [3] - The province's meteorological data indicates that the average temperature will remain low, around 2°C, with potential lows reaching -8°C [3] Industry Focus - Jilin Province is shifting its tourism focus towards winter activities, emphasizing the development of ice and snow tourism projects [5] - The provincial government is accelerating the construction and launch of key projects, including expansions at Beidahu and Songhua Lake, and the development of snow amusement parks [5] - To stimulate market activity, Jilin plans to issue no less than 30 million yuan in ice and snow consumption vouchers [5]

Core Insights - The ice and snow industry in China is expected to exceed 1 trillion yuan, becoming a significant growth point for expanding domestic demand and fostering new consumption [1] - The popularity of ice and snow sports has surged, with a notable increase in outdoor skiing searches and participation across various cities [1][2] - The demand for related services, such as dining and accommodation near ski resorts, has also seen substantial growth [2] Industry Growth - The report indicates that from the 2024 to 2025 ski season, consumption within a two-kilometer radius of ski resorts is projected to grow by 27.97% year-on-year [2] - Search volume for "food near ski resorts" increased by 40%, while "hotels near ski resorts" saw over a 20% rise [2] - Specific ski resorts like Changbai Mountain and Yabuli have experienced significant increases in hotel search volume, with 620% and 447% respectively [2] Regional Insights - Harbin's Ice and Snow World is preparing for its largest-ever construction scale, incorporating more ice sculptures and snow creations, along with enhanced technological elements [2] - The top ten source cities for visitors to Harbin's Ice and Snow World include Liaoning, Beijing, Guangdong, and others, indicating a broad interest in ice tourism [2] Indoor Skiing Trends - Indoor ski resorts in cities like Shanghai and Shenzhen are becoming popular as high-frequency consumption venues, with China leading globally in the number of indoor ski facilities [3] - As of May 2025, China will host seven of the top ten indoor ski resorts worldwide, with Shanghai Yao Snow ranked first [3] Training and Participation - The demand for ice skating training services is on the rise, with significant increases in searches for ice skating and related training programs [3] - The number of participants in ice sports is expected to reach new highs this season, driven by the growing popularity of ice and snow activities [3]

Group 1 - The upcoming winter season is prompting various ice and snow resorts to enhance their preparations, aiming to attract more people to experience winter sports [1] - In Zhangjiakou, Hebei, ski resorts have initiated snow-making operations, with facilities undergoing maintenance and inspections to ensure safety and operational readiness [1] - The total area of the Harbin Ice and Snow World has expanded for the 27th edition, marking the largest area in its history [3] Group 2 - Harbin Ice and Snow World is set to utilize 200,000 cubic meters of stored ice, the highest amount ever, with improved ice quality expected to enhance the ice scenery construction [2]

Core Viewpoint - A strong cold air mass is impacting China, leading to significant temperature drops across multiple regions, which is boosting the ice and snow tourism sector [1] Group 1: Market Reaction - On October 20, the ice and snow tourism concept stocks surged, with Dalian Shengya hitting the daily limit, and other leading stocks including Changbai Mountain, Hainan Airport, Southern Airlines, and China Eastern Airlines also performing well [1] - The tourism ETF (562510) increased by nearly 2% in response to the cold wave [1] Group 2: Industry Insights - According to Century Securities, China's ice and snow industry chain has developed a complete ecosystem consisting of upstream resource development and equipment production, midstream service operations, and downstream consumption and derivative economies [1] - Both upstream and downstream sectors are expected to benefit from the transition of "cold resources to hot economy" [1]

Group 1 - The tourism industry in northern China, particularly in regions like the Arctic Village and Mohe, is experiencing a surge in visitors due to recent snowfall and the onset of winter activities [1][2][3] - Local businesses, including accommodations and restaurants, are adapting their offerings to cater to the winter tourism market, emphasizing unique ice and snow experiences and seasonal cuisine [3][5] - In Xinjiang Altay, ski resorts are preparing for the upcoming snow season by maintaining equipment and enhancing facilities, indicating a proactive approach to attract winter sports enthusiasts [5][6] Group 2 - The Altay region is noted for its favorable snow conditions, with an average annual snowfall exceeding 2 meters, making it an attractive destination for skiing [6] - Ski resorts are implementing comprehensive preparations, including equipment maintenance and facility upgrades, to ensure a smooth experience for visitors in the new snow season [6]

Core Insights - Heilongjiang is undergoing a profound transformation aimed at revitalization and development, focusing on integrating into a new development pattern with emerging industries such as digital economy, bio-economy, ice and snow economy, and creative design driving industrial transformation and high-quality growth [1][2] Digital Economy - Heilongjiang has established the digital economy as a new growth engine during the 14th Five-Year Plan, with a total of 430 provincial-level digital workshops and smart factories cultivated [2] - Notable companies like Feihe Dairy and Hengfeng Paper have been recognized as national "digital leading" enterprises, showcasing the province's leadership in industrial digital transformation [2] - The establishment of unique platforms for artificial intelligence and innovation highlights Heilongjiang's emergence as a regional hub for digital innovation [2] Bio-Economy - The bio-economy in Heilongjiang is characterized by innovative technologies that convert agricultural by-products into valuable products, exemplified by Mingrui Pharmaceutical's wood sugar alcohol production from corn [2][3] - A comprehensive bio-economy system has been developed, covering stem cells, biomedicine, and green manufacturing, supported by significant investments in key projects [3] Ice and Snow Economy - The ice and snow economy has become a new engine for high-quality development, with record tourist numbers and ongoing growth in related industries [3] - The transformation of ice and snow resources into a year-round economic driver reflects the province's strategic focus on leveraging its natural assets [3] Creative Design Industry - The creative design industry in Heilongjiang has seen substantial growth, with over 20,000 operating entities and revenue increasing from over 4.6 billion yuan in 2021 to nearly 14.4 billion yuan in 2024, marking over a 200% increase [4] - The development of the creative design sector is a crucial part of Heilongjiang's industrial revitalization strategy, aiming for a diversified and high-quality economic structure by 2026 [4]

Core Viewpoint - The city of Mohe, known as "China's Arctic," has recorded its coldest day of the autumn season with a minimum temperature of -22.6°C, influenced by cold air masses [1][3]. Weather Conditions - On October 13, Mohe experienced a minimum temperature of -22.6°C, marking the coldest day since the onset of autumn this year [3]. - The average annual temperature in Mohe is approximately -3.5°C, with extreme lows reaching -53°C [3]. - The temperature in the urban area of Mohe was reported at -17.4°C in the morning, prompting residents and tourists to wear heavy winter clothing [3]. Scenic Attractions - The confluence of cold and warm air has resulted in beautiful rime ice scenery along the banks of the Heilongjiang River, attracting admiration from visitors [3]. - The landscape has been described as resembling a traditional Chinese landscape painting, with frost-covered trees and branches [3]. Winter Tourism Preparations - Mohe is actively preparing for winter ice and snow tourism, with the northernmost ski resort in China, Mohe North Pole Ski Resort, working to produce artificial snow [5]. - The ski resort staff are working overtime to ensure the facility is ready to welcome guests as soon as possible [5]. - Local meteorological authorities indicate that while temperatures may rise slightly in the coming days, they will remain below -10°C [5].

Core Insights - The 27th Harbin Ice and Snow World will officially open this winter, expanding its scale and enhancing service offerings while maintaining the standard adult ticket price at 328 yuan per ticket [1][3]. Group 1: Event Overview - The event was announced during the promotion meeting for the 2025-2026 ice and snow season in Heilongjiang Province [1]. - The park will feature the largest area in its history, providing visitors with a broader space for activities [3]. Group 2: Attractions and Features - The number of ice sculptures and snow constructions will increase compared to previous years, incorporating diverse technological elements to enhance interactive experiences [3]. - The expansion of ice and snow entertainment projects will include a richer variety of ice and snow performances [3]. Group 3: Service Enhancements - The park will improve its intelligent service quality, covering all aspects of the visitor experience to provide more attentive and efficient support [3]. - Pre-sale tickets for the 27th Harbin Ice and Snow World will be available from October 10 to October 22, 2025, for use between December 26 and December 30, 2025 [3].

Core Insights - The newly opened Qianhai Ice and Snow World in Shenzhen has seen a remarkable influx of visitors, with approximately 30,000 guests on its first day of trial operation and daily attendance exceeding 33,000 during the National Day holiday [1][3] - The facility features a large indoor ski area with advanced snow-making technology, making it the largest and lowest-latitude indoor ski resort globally [7][8] Visitor Engagement - Many visitors, including groups from Hong Kong and Macau, are drawn to the facility, highlighting its appeal to both local and regional ski enthusiasts [3] - The venue has attracted professional ski instructors who are eager to experience the new facility, indicating a strong interest from the skiing community [3][5] Technological Advancements - The snow quality is enhanced by the sixth-generation distributed snow-making technology, which closely mimics natural snowfall, producing fine snow with low moisture content [8] - The facility maintains a constant indoor temperature of -6 degrees Celsius despite the outdoor temperatures exceeding 30 degrees Celsius, thanks to advanced insulation and cooling systems [8] Economic Impact - Qianhai Ice and Snow World is expected to stimulate the local economy by creating over 10,000 jobs in related sectors such as hospitality, dining, and retail [10] - The venue is designed to host various ice and snow events, contributing to the development of Shenzhen as a prominent sports city [10] Business Development - The facility integrates multiple business models, including dining, retail, and accommodation, creating a comprehensive experience for visitors [10][11] - Partnerships with local hotels and travel agencies are being established to offer combined packages, enhancing the overall visitor experience [11]

Core Viewpoint - The opening of Qianhai Ice and Snow World in Shenzhen marks a significant step in establishing the city as a world-class tourist and sports destination, promoting ice and snow sports participation in the Greater Bay Area [1][3]. Group 1: Qianhai Ice and Snow World - Qianhai Ice and Snow World is recognized as the largest indoor ski resort globally, featuring the lowest latitude, the greatest vertical drop, and the longest single slope [3]. - The facility covers approximately 100,000 square meters, with five professional ski slopes, a maximum vertical drop of 83 meters, and a longest slope distance of 463 meters, catering to various skill levels [3]. - The venue includes a 4,000 square meter snow amusement park with 14 entertainment projects, ensuring a diverse experience for all age groups [3]. Group 2: Economic Development in Shajing - The Shajing area is positioned as a key growth engine for the ice and snow economy, leveraging its geographical advantages within the Guangdong-Hong Kong-Macao Greater Bay Area [4]. - The rapid development of the cultural tourism industry is identified as a new driver for high-quality economic growth in the Shajing region [4]. - Qianhai Ice and Snow World is strategically located near other attractions, enhancing the integration of various tourism resources [4]. Group 3: Events and Activities - During the National Day and Mid-Autumn Festival, Qianhai Ice and Snow World launched the "Bay Area Ice and Snow Carnival," featuring interactive activities to promote ice and snow sports [6]. - The commercial area of the venue hosts diverse activities, including camping, markets, music, and street dance, catering to a wide range of visitor interests [6]. Group 4: Cultural Heritage and Tourism - Shajing is also known as the "Thousand-Year Oyster Town," with a rich history and culinary heritage centered around oysters, which are recognized as a geographical indication product in Guangdong [7]. - The area features historical sites, including the Shajing Ancient Market, which reflects the local culture and history [8]. - The integration of ice and snow activities with cultural tourism is seen as a new development model for the Greater Bay Area, enhancing the region's economic vitality [8].