Core Viewpoint - Emei Mountain Tourism Co., Ltd. has announced the termination of an asset acquisition plan that was initiated nearly 10 years ago, specifically related to its tea production project, due to regulatory issues regarding land use [2][5]. Group 1: Acquisition Plan Details - The acquisition plan was initiated in 2015 and involved the second and third phases of the Emei Snow Bud tea production project, which was funded by a capital increase in 2013 that raised approximately 480 million yuan, with 190 million yuan allocated to the tea project [3][4]. - The assessed value of the assets intended for acquisition was approximately 84.15 million yuan, with a negotiated purchase price of 55.40 million yuan after deducting unpaid engineering costs of 27.29 million yuan [3][4]. - The acquisition was intended to enhance the "Greater Emei International Tourism Zone" by extending the project's functions to include tourist services and brand displays [4][5]. Group 2: Reasons for Termination - The termination was due to the land being classified as industrial use, which, according to policy, cannot be subdivided or converted for other uses, making the planned land division unfeasible [5][6]. - Despite multiple negotiations with local government departments, the company was unable to obtain the necessary land ownership certificates, leading to the failure of the acquisition [5][6]. Group 3: Project Status and Financials - The tea project was reported to have reached a production capacity of 150 tons per year, with expected annual revenues of 200 million yuan and net profits of 28 million yuan [6]. - As of April 30, 2024, the project had utilized approximately 161 million yuan of the raised funds, achieving a funding usage rate of 89.37%, with minimal progress since 2016 [7]. - The project had experienced negative returns since 2015, with only two years (2019 and 2021) showing positive results [7].

证券代码：000888 证券简称：峨眉山A 公告编号：2025-28 峨眉山旅游股份有限公司 关于终止拟收购全资子公司使用募集资金 建成的部分资产的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 一、收购资产交易概述及进展 峨眉山旅游股份有限公司（以下简称"公司"）分别于 2015 年 7 月 7 日召开第五届董事会第五十三次会议、2015 年 7 月 24 日召开 2015 年第二次临时股东大会，审议通过了《关于拟收购 全资子公司使用募集资金建成的部分资产的议案》，拟收购洪雅 峨眉雪芽茶业有限公司（以下简称"洪雅雪芽公司"）"峨眉雪 芽茶叶生产综合投资项目洪雅雪芽二三期工程"，具体包括在建 工程和对应的土地使用权，同时受让与该等资产有关的洪雅雪芽 公司尚未支付的应付工程款。根据四川天健华衡资产评估有限公 司于 2015 年 6 月 26 日出具的《评估报告》(编号:川华衡评报 〔2015〕74 号)，拟收购资产评估值为人民币 8,414.79 万元，经 双方协商，决定以评估值为参考，最终资产转让价格为:拟收购 资产的账面价值 8,269.40 万元减去 ...

Group 1: Investment and Development Plans - The company is actively exploring the "low-altitude + technology + tourism" development model, viewing low-altitude economy as a new growth point [2] - The company has a cash surplus and will fulfill information disclosure obligations for any strategic planning and capital expenditures [2] Group 2: Cost Control Measures - The company has implemented centralized procurement to significantly reduce purchasing costs [1] - Human resource costs are being controlled through reforms and the establishment of a KPI performance evaluation system [1] - Energy consumption has been optimized, leading to effective cost control [1] Group 3: Marketing and Promotion Strategies - The company has launched an 80 million consumption coupon campaign over three years to promote tourism [3] - New media platforms are being utilized for marketing, with the official WeChat account reaching over 1.5 million followers [8] - The company is focusing on integrated marketing strategies to enhance product competitiveness and expand market reach [8] Group 4: Hotel and Tourism Management - The average room rate and occupancy rate of the company's hotels have declined, prompting upgrades to the Jinding Hotel [4] - The company is exploring partnerships with the Leshan Giant Buddha scenic area to enhance tourism offerings [4] Group 5: Product and Service Innovations - The company is developing new products like cold brew tea and optimizing franchise policies for Emei Snow Bud tea [8] - Plans are in place to design hiking tourism packages to attract more outdoor enthusiasts [8] Group 6: Seasonal and Secondary Consumption Strategies - The company is conducting research on different tourist demographics to enhance service quality and product diversity [9] - Initiatives are being taken to boost off-season visitor numbers through events like the Ice and Snow Hot Spring Festival and targeted discount policies [9]