Group 1 - C Shaanxi Travel (C陕旅) saw a 64.10% increase on its first trading day, with a turnover rate of 74.41% and a transaction volume of 1.971 billion yuan [2] - The stock's first-day financing purchase amounted to 261 million yuan, accounting for 13.25% of the total trading volume, with a latest financing balance of 241 million yuan, representing 9.45% of the circulating market value [2] - The company integrates tourism performance, cable cars, dining, and project investment and management, leveraging high-quality tourism resources such as Huaqing Palace and Mount Huashan to provide high-quality tourism products and services [3] Group 2 - On the first trading day, the stock experienced a net inflow of 661 million yuan from main funds, with large orders contributing 439 million yuan and special large orders adding 222 million yuan [3] - The top five trading departments on the first day had a total transaction of 308 million yuan, with a net purchase of 152 million yuan after accounting for sales [4] - The company has developed notable tourism performance works, including the large-scale historical dance drama "Chang Hen Ge" and the large-scale red performance "Tai Shan Feng Huo," which serve as carriers for the transmission of Chinese history and traditional culture [3]

Group 1 - The core viewpoint of the article highlights that Shaanxi Tourism officially listed on the Shanghai Stock Exchange on January 6, 2026, becoming the first new stock of the year, with an opening price of 131.15 CNY per share, representing a 63.04% increase from the issue price of 80.44 CNY per share [1] - On its first trading day, the stock reached a peak of 152 CNY per share and closed at 132 CNY, resulting in a total increase of 64.10%, allowing investors to earn 25,780 CNY per share [1] - Shaanxi Tourism primarily engages in tourism performances, cable cars, and dining services, leveraging high-quality tourism resources such as Huaqing Palace and Mount Huashan, with a strong cultural foundation and stable business operations [1] Group 2 - The company’s notable performances include popular shows like "Chang Hen Ge" and "12·12 Xi'an Incident," which have gained significant recognition and a good reputation among consumers [1] - "Chang Hen Ge," recognized as China's first large-scale historical dance drama, has been performed at Huaqing Palace since 2007 and has consistently ranked among the "Top Ten Real Scene Tourism Performances in China," achieving both social and economic benefits [1] - Shaanxi Tourism is the first cultural tourism company to be listed on the A-share market in the past five years, reflecting the capital market's support for consumer enterprises with stable profitability and mature business models [1][2] Group 3 - The IPO involved a public offering of 19,333,334 shares, utilizing a direct pricing method without offline inquiries or allocations, marking it as the first company in the Shanghai market to adopt this method under the registration system [2] - Despite the initial surge, the stock's performance was considered lackluster compared to the average first-day increase of approximately 260% for 116 new stocks listed in 2025, with no stocks experiencing a decline [2] - The company's profit forecast for December 18, 2025, indicated an expected net profit attributable to shareholders of 37.1 million to 43.6 million CNY, reflecting a decline of 14.80% to 27.50% [2]

Core Viewpoint - Shaanxi Tourism Culture Industry Co., Ltd. officially listed on the Shanghai Stock Exchange on January 6, 2026, marking it as the first new listing in A-shares for 2026 and the first cultural tourism company to list in the past five years [1][2]. Company Overview - Shaanxi Tourism engages in tourism performances, cable cars, and dining services, leveraging high-quality tourism resources such as Huaqing Palace and Mount Huashan, with a strong cultural heritage and stable business operations [1]. - The company is known for popular performances like "The Song of Everlasting Regret" and "12.12 Xi'an Incident," which have a good reputation among consumers [1]. - The cable car business is recognized for its technical indicators and industry reputation, ranking among the top in China [1]. Market Context - The Central Economic Work Conference in December 2025 emphasized the importance of domestic demand and consumer spending as a priority for economic work in 2026, aiming to boost consumption and release service consumption potential [1]. - A joint guideline issued by the China Securities Regulatory Commission and other departments in June 2025 supports quality enterprises in the consumption industry to raise funds through public offerings and listings [1]. IPO Details - Shaanxi Tourism's IPO was approved by the CSRC on November 19, 2025, with the issuance of 19.33334 million shares at a price of 80.44 yuan per share, corresponding to a P/E ratio of 12.37 for 2024 [2]. - The total fundraising amount was 1.555 billion yuan, aligning with the expected fundraising scale disclosed in the prospectus [2]. - Upon listing, the opening price was 131.15 yuan, reflecting a 63.04% increase from the issuance price [2].

Group 1 - Shaanxi Tourism officially listed on the Shanghai Stock Exchange on January 6, 2026, marking it as the first new listing in A-shares for the year and the first cultural tourism company to list in nearly five years [1][2] - The company engages in tourism performances, cable cars, and dining services, leveraging premium tourism resources such as Huaqing Palace and Mount Huashan, with stable operations and high consumer recognition for its performances like "The Song of Everlasting Regret" [1] - The listing reflects the capital market's support for consumer enterprises with stable profitability and mature business models, indicating a positive trend in domestic tourism consumption driven by rising income and upgraded consumption structures [1] Group 2 - The initial public offering (IPO) involved the issuance of 19.333334 million shares at a price of 80.44 yuan per share, corresponding to a price-to-earnings ratio of 12.37 for 2024, raising a total of 1.555 billion yuan [2] - On its first trading day, Shaanxi Tourism opened at 131.15 yuan, representing a 63.04% increase from the issuance price [2]

Group 1 - The company N Shanlv (603402) was listed today, opening with a rise of 63.04%, and by the end of the morning session, the increase expanded to 78.98%, with a trading volume of 10.8183 million shares and a turnover of 1.485 billion yuan, resulting in a turnover rate of 55.96% [2] - The company's business integrates tourism performances, cable cars, dining, and project investment and management, leveraging high-quality tourism resources such as Huaqing Palace and Mount Huashan to provide high-quality tourism products and services [2] - In the tourism performance sector, the company has created major works such as the large-scale historical dance drama "Chang Hen Ge" and the large-scale red performance "Tai Shan Feng Huo," focusing on the transmission of Chinese history and traditional culture [2] Group 2 - The total number of shares issued by the company is 19.3333 million, with an online issuance of 19.3330 million shares at a price of 80.44 yuan per share, resulting in a price-to-earnings ratio of 12.37, compared to the industry average of 26.90 [3] - The funds raised from the initial public offering amount to 1.555 billion yuan, which will be primarily allocated to projects such as the second phase of Taishan Xiucheng, acquisition of Taihua Cableway equity, and several other cableway and tourism projects [3] - The company's latest stock price is 143.97 yuan, with a morning session increase of 78.98% and a half-day turnover rate of 55.96% [3]

Core Viewpoint - Shaanxi Tourism officially listed on the Shanghai Stock Exchange on January 6, marking a significant milestone for the company as it aims to enhance its core business and expand nationally with the funds raised from its IPO [1] Group 1: Business Overview - Shaanxi Tourism focuses on tourism performance, cable cars, and dining, leveraging top-tier resources like Huaqing Palace and Mount Huashan to create a competitive barrier through deep integration and specialized operations [2] - The company has developed renowned cultural performances, including the large-scale historical dance drama "Chang Hen Ge," which has been a significant success since its debut in 2007, contributing to both social and economic benefits [2] - The Huashan West Peak Cableway is recognized as an industry benchmark, enhancing visitor experience and serving as a major profit source for the company [2] Group 2: Financial Performance - For the fiscal year 2024, Shaanxi Tourism is projected to achieve a revenue of 1.263 billion yuan and a net profit of 512 million yuan, with a net profit margin and return on equity (ROE) significantly higher than peers like Huangshan Tourism and Lijiang Shares [4] - The company has demonstrated strong operational resilience, maintaining robust financial metrics despite external challenges such as extreme weather [4] Group 3: Strategic Plans - The funds raised from the IPO will primarily be used for acquiring stakes in Taihua Cableway and Yaoguang Pavilion, as well as for the construction of the second phase of Taishan Xiucheng and the South Line Cableway of Shaohua Mountain [5][6] - These strategic acquisitions and projects are aimed at enhancing net profit, improving management efficiency, and expanding the company's footprint nationally, transitioning from a regional player to a leading provider of comprehensive leisure tourism services [5][6] - The company aims to leverage capital market resources for both organic growth and external expansion, aspiring to become a top-tier provider of leisure tourism experiences across the country [6]

从依托华清宫、华山等世界级资源起步，到将一部《长恨歌》打磨十八年，铸就演艺行业公认的"金字 招牌"；从深耕一方的旅游服务商，到成为近五年首家叩开A股大门的文旅企业……陕西旅游探索出一 条通过专业化运营与持续创新，让静态历史文化资源转化为高品质动态体验的可持续发展路径。 从依托华清宫、华山等世界级资源起步，到将一部《长恨歌》打磨十八年，铸就演艺行业公认的"金字 招牌"；从深耕一方的旅游服务商，到成为近五年首家叩开A股大门的文旅企业……陕西旅游探索出一 条通过专业化运营与持续创新，让静态历史文化资源转化为高品质动态体验的可持续发展路径。 1月6日，陕西旅游登陆上交所主板。这一突破不仅为公司发展掀开新篇章，也为行业发展注入强劲的信 心。 站在资本市场的新起点，陕西旅游将如何借力资本深化主业、拓展布局？近日，陕西旅游董事长马婷接 受上海证券报记者专访，详述了公司作为行业标杆的发展逻辑与未来蓝图。 以扎实业绩叩开A股大门 "A股上市，我们倍感荣幸，更深感使命在肩。"马婷直言。作为2023年8月27日中国证监会发布《统筹 一二级市场平衡优化IPO、再融资监管安排》后首家获受理并过会的文旅企业，陕西旅游此次上市不仅 是公司 ...

Group 1 - The article discusses the IPO of two companies, including their issuance prices, market capitalizations, and industry comparisons [1][2][3] - The first company, ZhiXin Co., has an issuance price of 21.88 yuan, a total market value of 37.20 billion, and an issuance P/E ratio of 26.85 [2][3] - ZhiXin Co. is a major supplier for leading automotive brands such as Chang'an, Geely, and BYD, with a complete industrial chain and a significant market share in its core products [3] Group 2 - The second company, KeMa Materials, has an issuance price of 11.66 yuan and an industry P/E ratio of 14.2 [4] - KeMa Materials ranks second in the domestic dry friction plate market and has a comprehensive product range with over 8,000 models [4] - The company plans to use the raised funds for upgrading its environmentally friendly clutch friction materials technology [4] Group 3 - Another company mentioned, with an issuance price of 80.44 yuan and a total market value of 62.21 billion, focuses on tourism and cultural performances in Shaanxi province [7] - This company is recognized as a leading tourism destination operator and has a strong connection with local cultural heritage [7] - The controlling shareholder is Shaanxi Tourism Group, marking it as the first company to go public in A-shares in five years [7]

国家"十五五"规划建议指出，推进文化强国、旅游强国建设，推进文旅深度融合，大力发展文化旅游 业，以文化赋能经济社会发展。 作为数一数二的文旅大省，陕西正以打造"万亿级文旅产业集群"为目标，深耕8条重点文旅产业链群建 设，文旅产业在全省经济发展大盘中的分量越来越重，战略支柱作用日益凸显。 万亿文旅大省，必然孕育出具有全国乃至全球竞争力的龙头文旅企业，勇挑文旅深度融合、文化赋能经 济社会发展的大梁。 陕旅集团，正在担起新的使命。 01 陕西，又一家文旅上市企业呼之欲出。 近日，陕西旅游文化产业股份有限公司（以下简称"陕西旅游"）IPO通过上交所上市审核委员会审议， 并获中国证券监督管理委员会同意注册，标志着陕西旅游即将正式登陆上交所主板资本市场。这家坐拥 华山西峰索道、唐乐宫等优质旅游资源，凭借《长恨歌》蜚声海内外的龙头文旅企业，迎来高光时刻。 文旅产业，迎来高质量发展新阶段。 在"十四五"冲刺收官、"十五五"即将启幕的重要关口，"陕西旅游"打破省级层面文旅类A股上市企业付 之阙如的历史，为资本市场和文旅市场带来新生力量，助力陕西朝着万亿级文旅大省大步迈进。 作为"陕西旅游"控股股东的陕旅集团，再次走到聚光灯前。 ...

马婷 《长恨歌》表演现场 太华索道 ◎记者 张问之 从依托华清宫、华山等世界级资源起步，到将一部《长恨歌》打磨十八年，铸就演艺行业公认的"金字 招牌"；从深耕一方的旅游服务商，到成为近五年首家叩开A股大门的文旅企业……陕西旅游探索出一 条通过专业化运营与持续创新，让静态历史文化资源转化为高品质动态体验的可持续发展路径。 1月6日，陕西旅游登陆上交所主板。这一突破不仅为公司发展掀开新篇章，也为行业发展注入强劲的信 心。 站在资本市场的新起点，陕西旅游将如何借力资本深化主业、拓展布局？近日，陕西旅游董事长马婷接 受上海证券报记者专访，详述了公司作为行业标杆的发展逻辑与未来蓝图。 以扎实业绩叩开A股大门 "A股上市，我们倍感荣幸，更深感使命在肩。"马婷直言。作为2023年8月27日中国证监会发布《统筹 一二级市场平衡优化IPO、再融资监管安排》后首家获受理并过会的文旅企业，陕西旅游此次上市不仅 是公司自身发展的关键一步，也被视为检验文旅资产与资本市场对接可行性的重要风向标。 陕西旅游打造的"演艺+索道"双轮驱动业务模式，构成其稳固业绩基本盘的核心支撑。具体来看：以 《长恨歌》为核心的旅游演艺板块，成为拉动业绩增长的 ...