Group 1 - The core viewpoint of the news is that Kaifeng Qingming Riverside Garden Co., Ltd. (Qingyuan Co.) is progressing with its IPO guidance work, with CITIC Securities as the advisory institution [2] - Qingyuan Co. completed its IPO guidance filing in August 2020, and the current guidance period covers the time from the submission of the 20th progress report to the signing of the latest report [2] - The advisory team conducted training on the latest A-share and H-share IPO regulatory laws and discussed recent listing policies in the cultural tourism industry, analyzing the feasibility of the company's A-share and H-share IPOs [2] Group 2 - Qingyuan Co. was established on March 25, 1998, and operates a theme park focused on Song Dynasty culture, providing comprehensive services including tours, dining, accommodation, cultural performances, and parking management [3] - The company has a registered capital of 70.7 million yuan and is primarily owned by Kaifeng Zhengxin Tourism Development Co., Ltd. (51%), Kaifeng Development Investment Group Co., Ltd. (45%), and Kaifeng State-owned Assets Management Co., Ltd. (4%) [3] - The actual controller of the company is Wang Shuang, who indirectly controls 51% of the voting rights and serves as the chairman and general manager [3][4]

Core Viewpoint - Kaifeng Qingming Riverside Garden Co., Ltd. (Qingyuan Co.) is progressing with its IPO guidance under the supervision of CITIC Securities, focusing on the feasibility of both A-share and H-share listings in the cultural tourism industry [2]. Group 1: Company Overview - Qingyuan Co. was established on March 25, 1998, and operates a theme park centered around Song Dynasty culture, offering services such as tours, dining, accommodation, cultural performances, and parking management [2]. - The company has a registered capital of 70.7 million yuan and is primarily owned by Kaifeng Zhengxin Tourism Development Co., Ltd. (51%), Kaifeng Development Investment Group Co., Ltd. (45%), and Kaifeng State-owned Assets Management Co., Ltd. (4%) [2][3]. Group 2: Management and Control - The actual controller of the company is Wang Shuang, who indirectly holds 51% of the voting rights and serves as both the chairman and general manager [4]. - Wang Shuang has an extensive background in management roles across various companies, including positions in real estate and property management, and has been with Qingyuan Co. since 2009, becoming chairman in April 2012 and general manager in December 2016 [6].