Core Viewpoint - Caesar Travel Industry is increasing its investment in Qingdao by developing a leisure fishing base project, aiming to enhance its marine tourism network and expand its leisure sightseeing business segment [1][12]. Investment Details - The project involves leasing marine usage rights for 20 years with an estimated total investment of approximately 75.54 million yuan [3][6]. - The project will include a comprehensive dock that integrates leisure fishing, coastal tourism, and commercial services, covering an area of about 5.85 hectares [3][6]. - The initial rental fee is set at 1.23 million yuan per year, increasing by 3% every three years, with a total rental cost of approximately 26.80 million yuan over the lease term [3][6]. Financial Overview - The financial performance of the controlling shareholder, Qingdao Huanhaiwan Cultural Tourism Development Group, shows a projected revenue of 12.27 million yuan for 2024, with a net loss of approximately 22.12 million yuan [4][5]. - The company plans to finance the project through a combination of self-funding and bank loans [3][6]. Market Potential - Qingdao, as a coastal tourism city, has a growing number of outdoor leisure activities, particularly fishing, indicating a significant market development opportunity for the leisure fishing industry [12][13]. - The local government has introduced supportive policies for marine tourism development, creating a favorable environment for the project's implementation and operation [12][13]. Strategic Goals - The project aims to create a circular tourism dock network that connects various marine tourism resources, enhancing the overall tourism experience in the region [13]. - The company anticipates stable returns from diverse revenue channels, including berth leasing, boat management, fishing operations, and marine entertainment [13].

Core Viewpoint - Caesar Travel Industry (000796.SZ) has approved its wholly-owned subsidiary, Caesar Bay Destination (Shandong) Management Co., Ltd., to develop a "Leisure Sea Fishing Base Project" in Qingdao's Xiaogangwan, focusing on integrated development of marine and land areas for tourism and commercial services [1][2]. Group 1 - The project aims to create a comprehensive dock that includes leisure sea fishing, coastal tourism, and commercial services, featuring a fishing port, a coastal sightseeing area, and integrating four functional sectors: industry, culture and tourism, commerce, and leisure [1]. - The total area for the leased marine rights is approximately 5.85 hectares, with 4.84 hectares in the northern sea area and 1.01 hectares in the southern sea area, with an initial annual rent of 1.23 million yuan, increasing by 3% every three years over a 20-year lease term, totaling 26.8049 million yuan [1]. Group 2 - The expected total investment for the project is approximately 75.5407 million yuan, excluding related rental costs, with funding planned through a combination of self-owned funds and bank loans [2].

格隆汇9月15日丨凯撒旅业(000796.SZ)公布，公司董事会同意全资子公司凯撒海湾目的地（山东）运营 管理有限责任公司（简称"凯撒海湾"）在青岛市小港湾打造"休闲海钓基地项目"，通过租赁海域使用权 并在此基础上开展本项目投资、建设及市场化运营。项目内容以"海域、陆域一体化更新提升"为总体思 路，定位为集休闲海钓、滨海旅游、商业服务于一体的综合性码头，空间布局包括一个休闲海钓港池、 一条滨海观光带，涵盖产业、文旅、商业和休闲四大功能板块，并通过景观视线通廊实现城市腹地与海 洋之间的生态联动。 凯撒海湾拟向关联方青岛环海湾文化旅游发展集团有限公司（简称"环海湾文旅"）租赁位于青岛市小港 湾的海域使用权。拟租赁海域总面积约为5.85公顷，其中市北海域面积约为4.84公顷，市南海域面积为 1.01公顷，首期租金标准为123万元/年，每3年递增3%，租赁期限为20年，合同期内租金总额2,680.49万 元（租赁海域面积以最终取得海域使用权证面积为准）。 本项目拟建设范围包括小港湾市北海域、市南海域和陆域部分，预计总投资规模约7,554.07万元（不包 含关联租赁租金），项目所需资金计划以自有资金搭配银行贷款形式筹措 ...