Core Points - The government of Herzegovina-Neretva Canton has approved a resolution regarding the city residence tax rates and annual consolidated tax amounts for tourism service providers starting from January 1, 2026 [1] - The city residence tax will be 3.00 BAM per overnight visitor and 1.50 BAM for same-day visitors [1] - Annual consolidated residence tax for A-grade tourist destinations is set at 65 BAM, while B-grade destinations will have a tax of 55 BAM [1] Summary by Category Tax Structure - From January 1, 2026, a city residence tax of 3.00 BAM will be charged for each overnight visitor in any city within the Herzegovina-Neretva Canton [1] - A reduced rate of 1.50 BAM will apply to each same-day visitor [1] - Annual consolidated residence tax for tourism service providers in A-grade destinations (Mostar, Konjic, Capljina, Citluk, Neum) is established at 65 BAM [1] - For B-grade destinations (Jablanica, Prozor-Rama, Stolac, Ravno), the annual consolidated residence tax is set at 55 BAM [1] Impact on Tourism Services - The resolution affects all types of accommodation facilities, including hotels, motels, campsites, apartments, resorts, and rural tourism lodgings [1] - The Mostar City Tourism Board has urged all tourism service providers to familiarize themselves with the new tax standards and adjust their pricing accordingly [1] - Providers are also required to inform visitors about the upcoming city residence tax standards to ensure compliance and proper business operations [1]

Core Viewpoint - The announcement details a share reduction plan by a major shareholder, Jilin Forest Industry Group, due to funding needs, and outlines the specifics of a recent stock issuance by Changbai Mountain Tourism Co., Ltd. Group 1: Shareholder Reduction Plan - Jilin Forest Industry Group intends to reduce its holdings by up to 2,723,558 shares, representing no more than 1% of the total share capital, within three months following the announcement [2][3] - As of the announcement date, Jilin Forest holds 4.85% of the total shares, while its action-in-concert party, Changbai Mountain Forest Group, holds 2.55%, totaling 7.40% [1] Group 2: Stock Issuance Details - The company issued 5,685,860 shares at a price of 41.48 yuan per share, raising a total of approximately 235.85 million yuan [9][10] - The net proceeds from the issuance, after deducting related expenses, amount to approximately 229.22 million yuan [13] - The newly issued shares are subject to a lock-up period and will be tradable on the Shanghai Stock Exchange after the expiration of this period [15][21] Group 3: Regulatory Compliance and Approval - The issuance process has been approved by the board of directors and the shareholders' meeting, and has received necessary regulatory approvals from the Shanghai Stock Exchange and the China Securities Regulatory Commission [20][19] - The issuance adheres to relevant laws and regulations, ensuring fairness and compliance throughout the process [20][19] Group 4: Impact on Company Structure - The issuance will not change the control of the company, with the controlling shareholder remaining the Construction Group and the actual controller being the Long White Mountain Management Committee State-owned Assets Supervision and Administration Commission [31][33] - The capital structure will improve, with total assets and net assets increasing, while the debt-to-asset ratio is expected to decrease [34]

Core Viewpoint - Xi'an Tourism plans to issue A-shares at a price of 9.8 yuan per share, raising up to 300 million yuan to improve liquidity and repay bank loans [1] Group 1: Company Actions - The company has signed a conditional share subscription agreement with its controlling shareholder, Xi'an Tourism Group, which will fully subscribe to the new shares [1] - The funds raised will enhance the company's capital strength and support its strategic opportunities in the cultural tourism industry [4] - The issuance will improve the company's operational capital reserves and provide long-term funding for business expansion [4] Group 2: Industry Context - The tourism industry is expected to normalize by 2025, driven by multiple favorable policies and a strong domestic travel demand [2] - In the first three quarters of 2025, domestic travel reached 4.998 billion trips, an increase of 761 million trips year-on-year, with total spending of 4.85 trillion yuan, up 11.5% [2] - The hotel industry is facing challenges such as structural adjustments in demand and intensified competition, with the market size projected to reach 600 billion yuan in 2024, growing by 8% [3]

Group 1 - The China International Import Expo (CIIE) serves as a significant platform for cultural and tourism exchanges, showcasing the vitality and depth of the cultural tourism industry [1][2] - The event has attracted 4,108 foreign enterprises from 155 countries and regions, marking a historical high in exhibition area and total number of companies [2] - The participation of various countries, such as Cambodia and Azerbaijan, highlights the expo's role in promoting international trade and cultural exchange [2][3] Group 2 - The CIIE is recognized as a key platform for Kazakhstan to expand its exports and enter global markets, with over 100 enterprises participating this year [5] - Iran's participation showcases its diverse economy, with a focus on traditional crafts and modern technology, aiming to create long-term cooperation opportunities [5] - The event allows companies like Cathay Pacific to present their services and innovations, enhancing their market presence and fostering international collaboration [12][14] Group 3 - The Hong Kong Tourism Board emphasizes its role as a cultural intermediary, leveraging the CIIE to deepen collaborations with global partners [6][7] - Marriott International and InterContinental Hotels Group highlight their commitment to the Chinese market, showcasing new initiatives and products at the expo [7][11] - The CIIE is seen as a vital opportunity for companies to connect with international audiences and explore new business opportunities [18][23] Group 4 - Experts suggest that the CIIE's unique appeal lies in its ability to provide certainty in market opportunities, driven by China's large consumer base and stable regulatory environment [22][23] - The event has evolved from a focus on manufacturing and consumer goods to encompass cultural tourism and service trade, creating a comprehensive ecosystem [22][24] - There are calls for a dedicated cultural tourism exhibition area in future CIIEs to enhance visibility and collaboration among global tourism enterprises [24][25]

西安旅游（000610）(000610.SZ)披露2025年度向特定对象发行A股股票预案，公司拟向控股股东西安旅 游集团有限责任公司(简称"西旅集团")发行股票，本次向特定对象发行A股股票的价格为9.80元/股，数 量不超过3061.22万股(含本数)，占本次发行前公司总股本的12.93%。本次向特定对象发行拟募集资金总 额不超过3亿元(含本数)，扣除发行费用后的募集资金净额将用于补充流动资金及偿还银行贷款。 ...

第八届进博会上，携程集团以"官方旅行服务伙伴"身份亮相，全方位呈现其在入境游领域的创新成果与 服务生态，与进博会主题深度呼应，向全球展现中国旅游服务的崭新面貌。 携程集团为此次参展的海外游客提供从机票预订、酒店住宿、景点门票到本地体验的一站式服务，展示 出作为全球领先旅游服务企业的综合实力。全新上线的"FLiP！TTrips"千人来华项目，将邀请超千名海 外达人深度体验各地风情。 此外，携程集团还系统展示了其在ESG和企业可持续领域的多维实践：通过推动旅游业协同降碳、打造 家庭友好旅行服务、促进社区多元包容发展、与全球伙伴共建产业生态等举措，构建更加可持续的旅游 未来。 一系列创新举措推动入境游业务快速增长。携程集团海外市场总经理张成杰表示，未来，携程集团将持 续加大创新投入，通过科技赋能、产品创新与全球合作，持续提升入境游服务体验，向世界展示一个更 加开放、友好、充满魅力的中国形象，让"完美旅程"成为连接中国与世界的重要纽带。(完) 中新网北京11月7日电 "随着签证、航班、支付等政策红利持续释放，入境游已进入高质量发展的新阶 段。讲好文化故事、提供有温度服务的目的地与企业，可以在国际市场形成持续吸引力。" ...

Core Viewpoint - The company, China Youth Travel Service (600138), stated that its fundamentals are stable and there is no undisclosed information that should be disclosed [1] Summary by Relevant Sections - Company Fundamentals - The company confirmed that its basic business fundamentals remain stable [1] - Disclosure Information - The company indicated that there are no undisclosed information that should be made public [1]

Core Viewpoint - The article emphasizes the importance of multiple complaint channels in protecting consumer rights, highlighting that while 12315 is a key resource, there are various other effective channels available for consumers to resolve issues more efficiently. Group 1: Importance of Diverse Complaint Channels - A single complaint channel may not meet all consumer needs due to the variety of issues encountered in daily life, thus a diversified approach offers significant advantages [1][4]. Group 2: Government Service Complaint Channels - The 12345 government service hotline serves as a comprehensive customer service platform, integrating various government hotlines for centralized processing and coordination [5]. - Industry-specific complaint channels are more effective for specialized issues, such as telecommunications, banking, and healthcare, allowing for professional handling of complaints [5]. Group 3: Third-Party Social Supervision Platforms - Black Cat Complaint platform exemplifies an effective third-party channel, offering a user-friendly interface, efficient response mechanisms, and transparent processing of complaints [3][2]. - The platform's features include a simplified complaint submission process, a robust enterprise response system, and real-time tracking of complaint status [3]. Group 4: Guidelines for Channel Selection - For complex issues, a multi-channel strategy is recommended, ensuring that consumers prepare adequate evidence and maintain a rational communication approach [8]. - Specific channels are suggested based on the nature of the complaint, such as prioritizing third-party platforms for internet service disputes and using industry-specific departments for specialized issues [9]. Group 5: Effective Use of Complaint Channels - Utilizing third-party platforms can lead to quicker responses, while industry channels provide specialized handling, and government channels ensure authoritative support [11]. - Consumers are advised to monitor the progress of their complaints and follow up appropriately while allowing sufficient time for resolution [10].

Core Viewpoint - The Xuchang municipal government is promoting the "Pang Donglai" service model to enhance high-quality development and optimize the business environment, emphasizing actionable implementation in their new plan [1][2]. Group 1: Implementation of the "Pang Donglai" Service Model - The new implementation plan focuses on standardizing services, guiding enterprises to optimize their standards, and establishing new government service standards [3]. - Xuchang aims to conduct in-depth research on the "Pang Donglai" service standards, summarizing advanced experiences in various sectors such as industrial product procurement, food production, and consumer rights protection [3]. - The plan encourages local industries to adopt the "Pang Donglai" service model tailored to their unique characteristics, promoting a "one county, one highlight" strategy to enhance local economic development [3][5]. Group 2: Economic Impact and Tourism Growth - In the first half of 2025, Xuchang received 26.1 million tourists, generating a total tourism revenue of 18.58 billion, reflecting growth rates of 7.45% and 9.22% respectively [5]. - The "Pang Donglai" brand has significantly increased foot traffic, with daily visitor numbers exceeding 300,000 at key locations, and 45% of visitors being from outside the region [5]. Group 3: Government and Business Synergy - The local government recognizes the importance of the "Pang Donglai" service philosophy in enhancing public service efficiency and optimizing the business environment [5][6]. - Xuchang's private sector has surpassed 460,000 entities, contributing over 80% of the city's GDP, 89% of tax revenue, and 90% of employment, indicating a robust economic landscape [6]. - Local government departments are adopting service innovations inspired by "Pang Donglai," transitioning from a regulatory to a service-oriented approach [7].

Market Overview - On November 7, A-shares opened lower with the Shanghai Composite Index down 0.34%, Shenzhen Component down 0.54%, and ChiNext down 0.72%, with the Shanghai index briefly falling below 4000 points [1][2]. Sector Performance - The lithium battery electrolyte sector led the market with a rise of 3.23%, while sectors such as electronic components and CPO saw declines [2][3]. - The Hainan Free Trade Port and cross-strait integration concept sectors rebounded, with gains of 2.86% and 0.86% respectively [3]. Lithium Battery Electrolyte Sector - The lithium battery electrolyte concept stocks showed strong performance, with notable individual stocks like Fujian Holdings recording a two-day consecutive limit-up, Jiangsu Guotai hitting a 10% limit-up, and Tianqi Lithium approaching a limit-up with over 9% increase [5][6]. - Key stocks in this sector include: - Jiangsu Guotai: Current price 10.22, up 10.01%, market cap 16.6 billion, year-to-date increase 45.45% [6]. - Tianqi Lithium: Current price 42.42, up 6.08%, market cap 81.3 billion, year-to-date increase 117.38% [6]. - Other stocks like Duofluor and Shida Shenghua also saw significant gains [5][6]. - Recent news indicates a general price increase in lithium battery electrolyte materials, with significant price fluctuations in lithium hexafluorophosphate and VC additives due to a tight supply-demand balance [6]. Hainan Free Trade Zone - The Hainan Free Trade Zone sector opened high, with stocks like Haima Automobile hitting the limit-up and other companies such as Hainan Development and Kangzhi Pharmaceutical also experiencing gains [12][13]. - Key stocks in this sector include: - China Duty Free Group: Current price 78.23, up 3.84%, market cap 160 billion, year-to-date increase 18.80% [14]. - Hainan Airport: Current price 5.53, up 1.65%, market cap 632 billion, year-to-date increase 46.30% [14]. Stock Suspension - The stock of Marking Co., Ltd. resumed trading with a limit-down on November 7, following an announcement regarding the termination of control change plans due to a lack of consensus among major stakeholders [7][10].