公司回答表示：投资者您好，公司千岛湖牧心谷项目建设工作正在有序推进中，暂时没有预计的营业时 间，感谢您的关注。 金融界8月8日消息，有投资者在互动平台向三特索道提问：董秘您好，千岛湖牧心谷项目预计营业时间 是什么时候。 ...

Core Insights - The company reported a total operating revenue of 378 million yuan for the first half of 2025, representing a year-on-year decrease of 1.85% [1] - The net profit attributable to shareholders was 94.5 million yuan, down 15.86% compared to the same period last year [1] - The decline in revenue and profit is primarily attributed to adverse weather conditions, including strong winds and heavy snowfall, which increased the number of operational downtime days for the company's cable cars [1] - Additionally, the Indigo Hotel at Lugu Lake began trial operations in July 2024, but has not yet generated profit during the reporting period [1]

Core Insights - The article highlights the transformation of previously secluded tourist destinations in the Nyainqentanglha Mountains of Tibet into popular travel spots, driven by improved transportation and local tourism initiatives [1][7]. Group 1: Tourism Development - The Sapuk Snow Mountain, characterized by its unique triangular shape and glaciers, has become a focal point for tourism since it gained visibility in 2017 [3][5]. - The local tourism department has actively promoted eco-tourism, offering various experiences such as horseback riding, stargazing, and cultural performances, which have contributed to a significant increase in visitor numbers [7]. - In July, the Sapuk scenic area was rated as a national 4A-level tourist attraction, with visitor numbers reaching 16,600 in the first half of the year, a 150% increase compared to the previous year [7]. Group 2: Economic Impact - The village of Puyu, once isolated, has seen a dramatic increase in tourism revenue, generating over 6 million yuan last year, with an average income increase of over 20,000 yuan per household [11]. - Local residents, such as the couple Sangen and his wife, have capitalized on the influx of tourists, earning around 10,000 yuan per month during peak season by setting up stalls [9]. - The completion of National Highway 349 has significantly reduced travel time to Lhasa, leading to explosive growth in visitor numbers to the Three-Color Lake, with expectations to surpass 500,000 visitors this year [13][15].

Core Viewpoint - Lijiang Co., Ltd. (002033.SZ) reported a decrease in institutional ownership in its semi-annual report for 2025, with a total of 7 institutional investors holding 278 million shares, representing 50.64% of the total share capital, a slight decline of 0.11 percentage points from the previous quarter [1] Institutional Ownership - As of August 7, 2025, institutional investors include Lijiang Yulong Snow Mountain Tourism Development Co., Ltd., Huabang Life Health Co., Ltd., Yunnan Yuntou Capital Operation Co., Ltd., Lijiang Yulong Snow Mountain Scenic Area Investment Management Co., Ltd., Hong Kong Central Clearing Limited, Lijiang Moses Cultural Park Co., Ltd., and Bank of China Co., Ltd. - Fortune China Securities Tourism Theme ETF [1] - The total institutional ownership decreased by 0.11 percentage points compared to the previous quarter [1] Public Fund Holdings - One public fund, Fortune China Securities Tourism Theme ETF, reported a decrease in holdings by 0.15% compared to the previous quarter [1] - One public fund, Jin Xin Consumption Upgrade Stock A, was not disclosed in the current period compared to the previous quarter [1] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, also reported a slight decrease in holdings compared to the previous quarter [1]

Group 1 - The core objective is to establish Zhangjiajie as a world-class tourist destination by leveraging cultural and tourism integration, enhancing management, and transforming unique resources into competitive advantages [1][2] - The Duyong Ancient City project, initially a star attraction with an investment of 2.4 billion yuan, has faced significant operational challenges, accumulating losses exceeding 1 billion yuan after four years of trial operation [2][3] - Zhangjiajie received 27.82 million visitors from January to July this year, with total spending reaching 39.48 billion yuan, marking increases of 5.2% and 8.1% respectively [1] Group 2 - The Duyong Ancient City has a limited operational model, primarily consisting of commercial streets and guesthouses, which has not attracted sufficient visitor traffic [3] - The local government is actively working on revitalizing the Duyong Ancient City, aiming for a quality upgrade and operational launch by July next year, while ensuring the preservation of cultural elements [5] - Nationally, over 2,800 ancient towns have been developed or are under development, with many facing operational difficulties, as nearly 40% of related tourism enterprises are in poor financial condition [2]

Core Viewpoint - The investment management system of Lijiang Yulong Tourism Co., Ltd. aims to regulate investment activities, control risks, and enhance returns while safeguarding the interests of the company and its shareholders [1][2]. Summary by Sections General Principles - The investment management system is established based on relevant laws and regulations to ensure effective management of investment activities [1]. - Investment activities are defined as cash operations and management of idle funds to achieve capital preservation and appreciation [1]. Management Principles - The company adheres to principles of standardized operations, risk prevention, cautious investment, and value preservation, ensuring that investment activities do not disrupt normal business operations [2]. - Funds used for investment must be idle funds and should not affect operational and project construction funds [2]. Approval Authority and Decision-Making Procedures - The finance department is responsible for managing investment activities, including pre-investment analysis, execution supervision, and information disclosure [2]. - Different approval levels are established based on the percentage of assets involved in the investment, with varying authorities from the general manager to the shareholders' meeting [2][3]. Accounting Management - Upon completion of investment activities, the company must obtain relevant investment proof and timely record it in the accounts [4]. - The finance department is responsible for daily accounting of investment activities in accordance with accounting standards [5]. Risk Control and Information Disclosure - The company must select reputable financial institutions for investment and sign contracts with them [5]. - The audit department supervises investment activities, ensuring compliance with approval processes and monitoring fund usage [5]. - Any investment activities that meet disclosure standards must be reported in a timely manner according to regulations [5]. Supplementary Provisions - The board of directors is responsible for the formulation and revision of the investment management system, while the finance department executes it [6]. - The system takes effect upon approval by the board of directors [6].

（编辑 何成浩） 证券日报网讯 8月7日晚间，丽江股份发布公告称，2025年上半年实现营业收入377，703，495.14元，同 比下降1.85%；归属于上市公司股东的净利润94，502，232.85元，同比下降15.86%。 ...

证券日报网讯 8月7日晚间，丽江股份发布公告称，公司第七届监事会第二十九次会议审议通过了《关 于的议案》《关于与丽江旅投集团2025年度日常关联交易预计的议案》。 （文章来源：证券日报） ...

Core Insights - Lijiang Co., Ltd. (002033.SZ) reported a revenue of 378 million yuan for the first half of 2025, representing a year-on-year decrease of 1.85% [1] - The net profit attributable to shareholders of the listed company was 94.5 million yuan, down 15.86% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 96.1 million yuan, a decrease of 14.31% compared to the previous year [1] - Basic earnings per share were 0.172 yuan [1] Revenue and Profit Analysis - The decline in revenue and profit was attributed to increased weather-related disruptions and downtime, which negatively impacted the income and profit from the company's cableway and performance businesses [1] - Conversely, the hotel business saw revenue growth, and the extent of losses in this segment narrowed [1]

格隆汇8月7日丨丽江股份(002033.SZ)公布2025年半年度报告，上半年公司实现营业收入3.78亿元，同比 下降1.85%；归属于上市公司股东的净利润9450.22万元，同比下降15.86%；归属于上市公司股东的扣除 非经常性损益的净利润9610.60万元，同比下降14.31%；基本每股收益0.1720元。 ...