Core Viewpoint - Fosun Tourism Group's privatization proposal has been approved with over 99% support, marking its exit from the Hong Kong stock market, with plans to delist on March 19, 2025 [1][3] Group 1: Privatization Details - The privatization plan involves a share buyback at HKD 7.8 per share, totaling approximately HKD 22.12 billion [1] - The decision for privatization is part of a long-term strategic plan aimed at enhancing flexibility and focusing on a light-asset model for sustainable growth [2][3] - The privatization process was completed swiftly within three months, indicating a decisive move by the company [1][2] Group 2: Financial Performance - Fosun Tourism has faced financial difficulties, with net profits declining from 2020 to 2022, but showing signs of recovery in the first half of 2023 [2] - For the first half of 2024, the company reported a revenue of CNY 10.65 billion, an 11% year-on-year increase, and a net profit of CNY 320 million, a 20% increase after excluding one-time gains [2] Group 3: Strategic Shift - The privatization is seen as a step in the company's broader "slimming down" strategy, which includes divesting non-core assets [4][5] - Recent asset sales include the complete divestment of Shanghai Fosun Aibinong Property Management and the sale of Thomas Cook's UK business for GBP 30 million [5] - The company aims to continue its transition to a light-asset operation model, focusing on strategic partnerships to reduce financial pressure and enhance operational efficiency [5][6] Group 4: Future Plans - Fosun Tourism is actively negotiating large-scale cultural and tourism projects, intending to adopt a light-asset operation model [6] - There are ongoing discussions regarding the potential spin-off and independent REIT listing of the Sanya Atlantis hotel, with plans to enhance product offerings and operational efficiency [6]

作 者丨张赛男 编 辑丨张伟贤 复星旅游文化（HK0 1 9 9 2，简称复星旅文）私有化进入倒计时。 3月4日晚，复星旅文发布公告，公司私有化提案以超9 9%的支持率高票通过股东大会表决。 这 意 味 着 ， 这 家 上 市 6 年 的 文 旅 巨 头 将 告 别 港 股 市 场 。 按 照 计 划 ， 公 司 将 于 3 月 1 9 日 正 式 退 市。 去年末，复星旅文正式对外公告，拟以每股7 . 8港元的价格回购股份，总价约2 2 . 1 2亿港元。 复星旅文表示，此次私有化提案是基于公司长期发展战略的深思熟虑，旨在为公司和股东带 来长远利益。 近 三 年 来 ， 复 星 国 际 持 续 " 瘦 身 健 体 " ， 复 星 旅 文 也 以 此 为 方 向 ， 通 过 " 瘦 身 " 优 化 资 产 结 构。"此次私有化的顺利通过标志着复星旅文战略转型迈入新的阶段。"复星旅文方面向2 1世 纪经济报道记者表示，"私有化之后，公司将加速向轻资产模式转型。" 业绩、股价承压 从去年1 2月正式宣布私有化，到确认退市时间，复星旅文私有化过程不过3个月，动作可谓迅 捷。 低迷的股价和亏损的利润让复星旅文不得不做 ...