Core Viewpoint - The temple economy has become a high-profit sector within the cultural tourism industry, with market size expected to exceed 100 billion yuan by 2025-2026, driven by ticket sales, incense offerings, and various related services [1][2]. Group 1: Revenue Sources and Visitor Statistics - Major temples such as Shaolin Temple, Jiuhua Mountain, Emei Mountain, Lingyin Temple, Yonghe Palace, and Ling Shan Buddha generate significant revenue primarily from ticket sales and incense offerings, with annual visitor numbers reaching hundreds of millions [2]. - Emei Mountain A (000888.SZ) reported a revenue of 1.013 billion yuan in 2024, with a net profit of 235 million yuan, reflecting a year-on-year growth of 3.08% [2]. - Lingyin Temple received 12 million visitors in 2023, generating ticket revenue of 360 million yuan, with projections of 11 million visitors and 330 million yuan in revenue for 2024 [3]. Group 2: Business Segments and Growth - Jiuhua Tourism (603199.SH) reported a revenue of approximately 764 million yuan in 2024, with a year-on-year growth of 5.64%, and a net profit of 186 million yuan, growing by 6.5% [4]. - The revenue breakdown for Jiuhua Tourism includes hotel services (237 million yuan), cable car services (293 million yuan), and passenger transport (159 million yuan), with the latter showing a significant growth of 31.24% [4]. Group 3: Cultural and Culinary Integration - The temple economy's core income is derived from ticket sales and incense offerings, supplemented by tourism routes, transportation, cultural performances, and vegetarian dining options, which contribute significantly to revenue [6]. - Emei Mountain has implemented various promotional activities and policies to boost tourism, achieving a record 6.2 million visitors in 2024, with ticket revenue reaching 491 million yuan, a year-on-year increase of 248.38% [6]. Group 4: Digital and Creative Economy - The temple economy has diversified into digital and creative products, with significant sales through online platforms. For instance, Lingyin Temple's products have generated over 2 billion yuan in annual output value through local tourism clusters [8]. - The revenue composition of the temple economy includes over 30% from ticket sales, over 20% from incense offerings, and around 18% from creative products, indicating a shift towards a more diversified income model [8]. Group 5: Cultural Experience and Emotional Value - The popularity of temple tourism is attributed to emotional value and cultural experiences, providing a therapeutic outlet for visitors, especially younger generations facing stress [10]. - The industry faces challenges regarding commercialization and maintaining the integrity of cultural sites, emphasizing the need for regulation and responsible management to ensure sustainable development [10].

Core Insights - The temple economy, represented by famous temples like Shaolin Temple and Emei Mountain, has become a significant part of the cultural tourism industry, generating substantial revenue through various channels such as ticket sales, incense offerings, cultural products, and dining services [1][3] - The market size of the temple economy is expected to exceed 100 billion yuan by 2025-2026, indicating its growing importance in the cultural tourism sector [1] Revenue Sources - Major temples in China, including Shaolin Temple, Jiuhua Mountain, Emei Mountain, Lingyin Temple, Yonghe Palace, and Ling Shan Buddha, generate annual revenues ranging from hundreds of millions to over ten billion yuan, primarily from ticket sales and incense offerings [3] - Ticket prices for these temples vary, with examples such as Jiuhua Mountain's ticket at 160 yuan and Shaolin Temple's ticket at 80 yuan, often bundled with additional services [3] - Emei Mountain reported an annual revenue of 1.013 billion yuan in 2024, with a net profit of 235 million yuan, reflecting a year-on-year growth of 3.08% [3] Visitor Statistics - Lingyin Temple received 12 million visitors in 2023, generating ticket revenue of 360 million yuan, with projections of 11 million visitors and approximately 330 million yuan in ticket revenue for 2024 [4] - Jiuhua Tourism reported an estimated revenue of 764 million yuan for 2024, with a net profit of 186 million yuan, showcasing a year-on-year growth of 5.64% [4] Cultural and Culinary Integration - The temple economy's core revenue includes not only ticket sales and incense but also related tourism services, cultural performances, and dining options, such as vegetarian meals that can cost around 100 yuan per person [6] - Emei Mountain has actively promoted cultural tourism integration, resulting in a 114.61% increase in visitor numbers in 2023, reaching 5.96 million [6] Digital and Creative Economy - The temple economy has diversified into digital and creative products, with significant sales through online platforms, including popular items like Lingyin Temple's hand-strung bracelets and Emei Mountain souvenirs [7][8] - The revenue breakdown indicates that ticket sales account for over 30%, incense offerings over 20%, and creative products around 18% of total income [8] Emotional and Cultural Value - The popularity of the temple economy is attributed to its emotional value and cultural experiences, providing a therapeutic outlet for visitors, especially younger generations facing stress [9] - The industry faces challenges regarding commercialization and maintaining the integrity of cultural heritage, necessitating a balanced approach to development [9]