Group 1 - The company’s subsidiary, Yiyou Tourism Service Co., plans to purchase tickets for Changbai Mountain scenic area from its controlling shareholder, Changbai Mountain Development Group, at a 15% discount, with a total purchase amount of 15 million yuan [2][3][6] - The board of directors and supervisory board have approved this related party transaction, which does not require shareholder meeting approval [2][10][14] - The expected ticket usage is 1.5 million yuan from September to December 2025 and 11 million yuan for the year 2026, with sales completion anticipated by March 2027 [3][9] Group 2 - Changbai Mountain Development Group holds a 59.45% stake in the company, qualifying it as a controlling shareholder under relevant regulations [4][17] - The group has total assets of approximately 2.05 billion yuan and a net profit of 50.20 million yuan for the year ending December 31, 2024 [5][19] Group 3 - The pricing for the tickets is set at 89.25 yuan for full-price tickets and 44.625 yuan for half-price tickets, reflecting a 15% discount from the online selling price of 105 yuan [7][8] - The contract stipulates that the discount is valid for five years, and any remaining balance will be settled based on actual usage [7][8] Group 4 - The transaction is expected to reduce costs and enhance profit margins for the company, ensuring the interests of both the company and its shareholders are protected [9][24] - The board and supervisory board have confirmed that the transaction does not harm the company's financial status or operational results [10][26] Group 5 - The company is also involved in a separate capital increase of 20 million yuan to its subsidiary, En Duli Commercial Management Co., with the company contributing 10.2 million yuan and the controlling shareholder contributing 9.8 million yuan [13][15] - This capital increase aims to accelerate the development of the En Duli restaurant project and will not alter the existing shareholding ratios [15][21] Group 6 - The company has also entered into a related transaction to purchase 3.15 million yuan worth of ski tickets from a subsidiary of its controlling shareholder, with the aim of enhancing its offerings in the winter sports market [34][35] - The company will hold exclusive agency rights for the ski tickets, which will be marketed through both online and offline channels [36][40]

Core Viewpoint - Changbai Mountain (603099.SH) is seizing market opportunities brought by transportation upgrades, specifically the full opening of the "G331" national highway and the official operation of the "Shenbai High-speed Railway" in the second half of 2025 [1] Group 1: Business Developments - Yiyou Company plans to pre-purchase 3.15 million yuan worth of ski resort tickets from Pinghe Ski Company to enhance the supply chain of ice and snow products [1] - After the transaction, Yiyou Company will hold a total of 5 million yuan in ski tickets, with a sales reference from the ski resort's 2024 sales amounting to 6.7908 million yuan [1] - The sales channels for the ski tickets will be both online and offline, leveraging traditional distribution networks and digital platforms [1] Group 2: Financial Projections - The expected net profit from the sale of the 5 million yuan ski tickets is approximately 330,000 yuan [1] - The remaining sales channels, after accounting for hotel sales, will have a potential sales volume of 4.5121 million yuan [1] - Factors such as the later end of the New Year holiday in 2026 and the opening of the Shenbai High-speed Railway are considered in the conservative growth expectations for ticket sales [1]

Core Viewpoint - Changbai Mountain (603099.SH) announced that its subsidiary, Yiyou Company, plans to purchase 3.15 million yuan worth of ski resort tickets from its controlling shareholder, Changbai Mountain Group, and will obtain exclusive agency rights for the 2025-2026 winter-spring season tickets from Pinghua Ski Company [1] Group 1 - Yiyou Company will hold a total of 5 million yuan worth of ski tickets after the transaction, with an expected net profit of approximately 330,000 yuan upon selling all tickets [1] - The company will purchase 15% discounted tickets for Changbai Mountain's North and West scenic areas, with a total value of 15 million yuan, to be used primarily in 2026 [1] - The expected usage of 11 million yuan in ticket purchases will occur from January to December 2026, with sales completion anticipated by March 2027 [1] Group 2 - This transaction is expected to lower ticket costs and enhance profit growth opportunities for the company [1]