Core Insights - The article discusses the challenges faced by ancient towns in China, highlighting the contrast between the successful model of Wuzhen and the struggles of many other towns that have attempted to replicate its success [2][7][12]. Group 1: Overview of Ancient Towns - There are over 2,800 ancient towns in China, with 312 recognized as national historical and cultural towns, primarily located in Jiangsu and Sichuan [2]. - The success of Wuzhen has inspired many local governments to invest heavily in developing or replicating ancient towns, leading to significant financial commitments [7]. Group 2: Wuzhen's Success Factors - Wuzhen's development began in 1999, focusing on unified planning and construction, which was innovative at the time [3]. - The team behind Wuzhen emphasized restoring historical aesthetics and implementing underground infrastructure to maintain the town's traditional appearance [3]. - Operational management was crucial, with over 90% of businesses being self-operated, ensuring service consistency and quality [4]. Group 3: Challenges Faced by Other Ancient Towns - Many towns, despite heavy investments, have failed due to poor planning and operational execution, leading to significant financial losses [7][8]. - A common issue is the homogenization of offerings, where similar shops and products dilute the unique appeal of each town [8][9]. - The lack of local cultural integration and the tendency to replicate successful models without adaptation have contributed to the sameness of many ancient towns [9][12]. Group 4: Recommendations for Improvement - Experts suggest focusing on cultural excavation, product innovation, and management optimization to combat homogenization [12][13]. - Establishing unique cultural identities for each town and enhancing visitor experiences through diverse offerings are essential [13][14]. - Retaining local residents and their traditional businesses can help maintain the authentic atmosphere of ancient towns [9][14].

西域旅游（300859）公告，控股股东新疆文化旅游投资集团有限公司于2025年6月13日通过集中竞价交 易方式增持公司股份23.68万股，增持金额人民币899.16万元。新疆文旅投计划自公告披露之日起6个月 内继续增持公司股份，拟增持股份数量占总股本的比例预计不低于0.70%且不超过1.35%，即拟增持股 份数量不低于108.5万股且不超过209.25万股。 ...

Core Viewpoint - The company faces significant financial challenges due to restricted assets, which account for 79.64% of total assets, primarily due to loan collateral and judicial freezes [1][2][3] Group 1: Restricted Assets - As of December 31, 2024, the company has restricted assets valued at 1.659 billion yuan, with major legal disputes affecting these assets [2][3] - The restricted assets include cash, fixed assets, and construction in progress, with specific cases of judicial freezes and loan collateral detailed [2][3][4] - The company has multiple ongoing lawsuits that contribute to the judicial freezes, including disputes with various entities over loan agreements and contractual obligations [3][4][5] Group 2: Debt and Repayment Arrangements - The company has short-term borrowings of 250 million yuan and long-term borrowings of 298 million yuan, with a total of 1.59 billion yuan in debt due by December 31, 2025 [6][7] - The repayment strategy includes plans to repay 56 million yuan on time and to extend or replace 1.03 billion yuan of debt [7] - The company is actively seeking financing solutions to ensure timely debt repayment and minimize the risk of asset disposals [7][8] Group 3: Construction Projects - The company reported a construction in progress balance of 446 million yuan as of December 31, 2024, primarily related to projects in Yingkou and Qiandao Lake, with the Yingkou project currently halted [8][9] - The Yingkou project has not met the conditions for capitalization and is at risk of significant impairment if funding issues persist [9][10] - The Qiandao Lake project may face further risks if land is auctioned, but it is currently not expected to have a major adverse impact on the company's financial statements [10] Group 4: Long-term Equity Investments - The company has long-term equity investments totaling 390 million yuan, with a significant portion related to the Zhenjiang Dabaijing project, which has incurred investment losses [12][13] - A settlement agreement with Chongqing Shunyu allows for a delay in the exit rights until December 31, 2025, which may mitigate immediate financial risks [12][13][14] - If the exit rights are exercised, there could be substantial impairment risks associated with the long-term equity investment in Zhenjiang Dabaijing [14] Group 5: Non-operating Income and Losses - The company reported a net profit of -70.18 million yuan for 2024, primarily due to increased non-operating losses, including contingent liabilities and other expenses [16][17] - Specific non-operating losses include 39.13 million yuan related to the Zhenjiang Dabaijing project and 28.74 million yuan from a lawsuit with Hainan Zhonghui [17][18] - The company has accounted for these losses based on legal judgments and agreements, ensuring that the provisions for expected liabilities are adequate [20][21] Group 6: Related Party Transactions - The company disclosed other receivables of 597,000 yuan from its controlling shareholder's subsidiary, which were necessary for operational continuity due to banking issues [24][25] - The transactions were conducted under a formal agreement to ensure proper management and accountability of funds [24][25][26]

记者从三亚市旅文局获悉，根据《三亚市防灾减灾救灾和安全生产委员会关于启动防汛防风Ⅳ级应急响 应的通知》(三防减救安委〔2025〕12号)要求，为确保游客安全，三亚所有旅游景区涉山、涉水、涉空 等高风险娱乐项目已于6月10日18:00前暂停营业。目前，蜈支洲岛旅游区、亚龙湾海底世界景区已关 闭。西岛海洋文化旅游区将于6月12日至13日暂停营业，6月11日最晚一班离岛船舶为15:00，有离岛计 划的游客需提前往冬季码头乘船离岛。(央广网) ...

证券代码：603136 证券简称：天目湖 公告编号：2025-028 江苏天目湖旅游股份有限公司 关于完成工商变更登记的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带责任。 江苏天目湖旅游股份有限公司（以下简称"公司"）分别于 2025 年 4 月 18 日、5 月 16 日召开第六届董事会第十二次会议、2024 年年度股东大会，审议通 过了关于修订《公司章程》等相关议案。具体内容详见公司 2024 年 4 月 21 日在 上海证券交易所网站（www.sse.com.cn）及指定媒体披露的《江苏天目湖旅游股 份有限公司关于修订公司章程及其附件的公告》（公告编号：2025-017）。 近日，公司完成了章程修订、注册资本变动及董监高人员变化等事项的工商 变更登记及备案手续，并取得了常州市行政审批局换发的《营业执照》，相关登 记信息如下： 类型：股份有限公司(上市)； 住所：溧阳市天目湖旅游度假区环湖西路 1 号； 法定代表人：李淑香； 注册资本：27012.671 万元整； 成立日期：1992 年 9 月 15 日； 经营 ...

Core Viewpoint - In 2024, Changchun has expanded its list of popular tourist spots to 120, aiming to convert online traffic into actual visitors and enhance its cultural tourism brand [1] Group 1: Overview of Changchun World Sculpture Park - Changchun World Sculpture Park is renowned as a modern urban sculpture park that integrates natural landscapes with cultural scenery, recognized as a national AAAAA-level tourist attraction [1] - The park features over 10,000 art pieces from 216 countries and regions, encompassing a wide range of cultural and artistic disciplines including sculpture, painting, history, and more [2] - Established in September 2003, the park includes five major exhibition halls, showcasing various forms of art and providing a comprehensive experience of sculpture [1][2] Group 2: Cultural and Recreational Significance - The park serves as a primary venue for the public to understand sculpture art and is considered an artistic oasis for cultural tourism and leisure [3] - It is recognized as a significant platform for global sculpture art exchange and is regarded as a golden business card for Changchun [3]

Transaction Overview - The company plans to transfer its 3.92% stake in Guangzhou World View Co., Ltd. through a public listing on the Guangdong United Property Exchange [1][2] - The transfer period will not exceed 12 months from the first listing date, with the final transaction price and counterpart to be determined based on the public listing results [1][2] - The board of directors approved the transfer with a unanimous vote of 7 in favor, and it does not require shareholder approval as it does not constitute a major asset restructuring [2][6] Financial Information - As of June 30, 2024, Guangzhou World View's total assets were 340,128.81 million, total liabilities were 279,861.51 million, and total equity was 60,267.30 million [5] - The assessed value of the company's 3.92% stake is 2,365.76 million, based on the asset-based valuation method [5][6] Purpose and Impact of the Transaction - The sale aims to enhance the company's focus on its core business and optimize its asset structure [6] - The transaction is not expected to have a significant impact on the company's financial status or operational results, as the company does not have control over Guangzhou World View and has not consolidated its financial statements [2][6] Other Considerations - The transaction does not involve employee placement, land leasing, or debt restructuring [6] - The company will fulfill its information disclosure obligations as the transaction progresses, particularly regarding the determination of the buyer and whether it constitutes a related party transaction [2][6]

Core Points - The article highlights the ongoing coral transplantation activities at the Hainan Boundary Island, emphasizing the importance of marine conservation and community involvement in these efforts [1][2][4]. Group 1: Coral Transplantation Activities - The Boundary Island tourism area has been engaged in coral transplantation and conservation since 2004, collaborating closely with research institutions to innovate conservation methods [2]. - The coral coverage rate on the island has been steadily increasing, creating extensive coral reefs that serve as habitats for various marine life [2]. - Participants, such as returning divers, play a crucial role in the ongoing evaluation and success of the coral transplantation projects [2]. Group 2: Community Involvement - Participants like Tian Sihui and her daughter actively engage in planting coral seedlings, which fosters a deeper understanding of the importance of ocean protection [4]. - The emotional connection and educational aspect of witnessing the growth of transplanted corals are highlighted as significant benefits for participants [4].

Group 1: Domestic Travel Trends - During the 2025 Dragon Boat Festival holiday, domestic travel reached 119 million trips, a year-on-year increase of 5.7% [1] - Total domestic travel expenditure during the holiday was 42.73 billion yuan, reflecting a year-on-year growth of 5.9% [1] - In Beijing, 8.21 million tourists were received during the holiday, marking a 5.4% increase compared to the previous year [1] - Beijing's tourism revenue during the holiday was 10.77 billion yuan, up 6.7% year-on-year [1] Group 2: Commercial Developments - The Wuhan Shanshan Outlets project is 95% complete, with the first batch of merchants expected to enter by mid to late June [2] - The project covers approximately 130,000 square meters and aims to attract over 250 well-known brands, marking Hubei's first lakeside outlet [2] Group 3: Corporate Investments - Haichang Ocean Park announced a strategic investment from Xiangyuan Holdings, involving the issuance of 5.1 billion new shares at a subscription price of 0.45 HKD per share, totaling 2.295 billion HKD [3] - The subscription price represents a discount of approximately 46.43% compared to the previous trading day's closing price [3] - If successful, Xiangyuan Holdings will become the controlling shareholder of Haichang Ocean Park [3] Group 4: Corporate Actions - Jinjiang Hotels plans to issue H-shares overseas and list on the Hong Kong Stock Exchange to enhance its global strategy and improve governance transparency [4] - The proposed issuance will not exceed 15% of the total share capital post-issuance, with an option for overall coordinators to exercise an additional 15% over-allotment [4] Group 5: Operational Issues - At the Atour Hotel in Hangzhou, a "hospital pillowcase" incident led to the hotel being removed from the Atour Group's app and mini-program [5] - The hotel acknowledged a serious operational oversight due to a supplier's error and has terminated its relationship with the supplier [5] - The hotel has conducted a thorough inspection of all room linens to prevent similar issues in the future [5]

Core Insights - The article highlights the historical and cultural significance of the ancient villages in Anhui Province, particularly in the regions of Shexian and Yixian, showcasing their unique architectural styles and rich heritage [1][2][3][4][5] Summary by Sections Historical Significance - Shexian has been a political, economic, and cultural center since the Qin Dynasty, with a history spanning over 1400 years, making it a key location for Huizhou culture and commerce [1] - Xixinan Village, established during the Tang Dynasty, retains over a hundred Ming and Qing Dynasty buildings, showcasing exquisite craftsmanship in stone, brick, and wood carvings [2] Architectural Features - The villages are characterized by distinct Hui-style architecture, with features such as white walls and black tiles, which have become a symbol of the region [1][4] - Hongcun, a UNESCO World Heritage site, is noted for its unique artificial water system that has been functional for over 600 years, preventing flooding and enhancing the village's aesthetic appeal [3][4] Natural Environment - The picturesque landscapes surrounding these villages, including lush greenery and flowing rivers, create a serene environment that attracts numerous tourists [2][3][5] - The New Anjiang Ten-Mile Gallery is a notable scenic area where the natural beauty of mountains and rivers complements the traditional villages [3] Tourism and Cultural Experience - The ancient villages serve as a cultural hub, where visitors can engage with local traditions, enjoy regional cuisine, and experience the tranquil rural lifestyle [5] - The unique architectural and natural features of these villages have made them popular filming locations for various films, further enhancing their appeal to tourists [5]