长白山今年以来股价涨9.21%，近5个交易日跌3.06%，近20日跌4.69%，近60日跌1.10%。 今年以来长白山已经1次登上龙虎榜，最近一次登上龙虎榜为11月5日，当日龙虎榜净买入-6961.51万 元；买入总计1.31亿元 ，占总成交额比7.61%；卖出总计2.00亿元 ，占总成交额比11.66%。 资料显示，长白山旅游股份有限公司位于吉林省长白山保护开发区池北区(白林西区和平街)，成立日期 2010年12月8日，上市日期2014年8月22日，公司主营业务涉及旅游服务业,包括旅游客运、旅行社及温 泉水开发、利用业务。主营业务收入构成为：旅游客运业务66.82%，酒店业务24.09%，其他业务 6.82%，旅行社业务2.28%。 长白山所属申万行业为：社会服务-旅游及景区-自然景区。所属概念板块包括：在线旅游、冰雪产业、 网约车概念、旅游酒店、东北振兴等。 12月26日，长白山盘中上涨2.02%，截至13:24，报45.91元/股，成交2.51亿元，换手率2.07%，总市值 125.04亿元。 资金流向方面，主力资金净流入435.73万元，特大单买入396.21万元，占比1.58%，卖出286.71万元 ...

Core Viewpoint - Changbai Mountain's stock experienced a decline of 3.22% on November 20, with a trading volume of 872 million yuan, indicating potential market volatility and investor sentiment concerns [1] Financing Summary - On November 20, Changbai Mountain had a financing buy-in amount of 82.41 million yuan and a financing repayment of 78.71 million yuan, resulting in a net financing buy of 3.70 million yuan [1] - As of November 20, the total financing and securities lending balance for Changbai Mountain was 388 million yuan, with the financing balance of 387 million yuan accounting for 2.79% of the circulating market value, which is above the 90th percentile of the past year [1] - The securities lending aspect showed no shares were repaid or sold on November 20, with a remaining securities lending volume of 16,500 shares and a balance of 858,000 yuan, also above the 90th percentile of the past year [1] Business Performance Summary - As of September 30, the number of shareholders for Changbai Mountain reached 45,900, an increase of 25.35%, while the average circulating shares per person decreased by 20.23% to 5,814 shares [2] - For the period from January to September 2025, Changbai Mountain reported an operating income of 636 million yuan, a year-on-year increase of 6.99%, and a net profit attributable to the parent company of 149 million yuan, up 1.05% year-on-year [2] - Since its A-share listing, Changbai Mountain has distributed a total of 144 million yuan in dividends, with 42.53 million yuan distributed over the past three years [2] Institutional Holdings Summary - As of September 30, 2025, Hong Kong Central Clearing Limited was the fourth-largest circulating shareholder of Changbai Mountain, holding 2.7464 million shares, an increase of 1.7474 million shares from the previous period [2] - The top five circulating shareholders also included the Fortune CSI Tourism Theme ETF and the Southern CSI 1000 ETF, with notable changes in their holdings [2]

Core Viewpoint - Changbai Mountain's stock price has shown fluctuations, with a year-to-date increase of 15.61% but a recent decline of 7.71% over the past five trading days [1] Company Overview - Changbai Mountain Tourism Co., Ltd. is located in Jilin Province and was established on December 8, 2010, with its listing date on August 22, 2014 [1] - The company's main business includes tourism services, with revenue composition as follows: 66.82% from tourism transportation, 24.09% from hotel operations, 6.82% from other businesses, and 2.28% from travel agency services [1] Financial Performance - For the period from January to September 2025, Changbai Mountain achieved an operating income of 636 million yuan, representing a year-on-year growth of 6.99%, and a net profit attributable to shareholders of 149 million yuan, up 1.05% year-on-year [2] - Since its A-share listing, the company has distributed a total of 144 million yuan in dividends, with 42.53 million yuan distributed over the past three years [2] Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 25.35% to 45,900, with an average of 5,814 circulating shares per person, a decrease of 20.23% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited and various ETFs, with notable increases in holdings from some shareholders [3]

Core Insights - Xiyu Tourism's stock price decreased by 2.02% on November 12, trading at 38.39 CNY per share with a total market capitalization of 5.95 billion CNY [1] - The company has experienced a year-to-date stock price increase of 10.06%, but has seen declines of 5.26% over the last five trading days, 4.98% over the last 20 days, and 10.09% over the last 60 days [1] - For the period from January to September 2025, Xiyu Tourism reported a revenue of 286 million CNY, reflecting a year-on-year growth of 6.20%, while net profit attributable to shareholders decreased by 14.51% to 98.58 million CNY [2] Financial Performance - The company has cumulatively distributed 108 million CNY in dividends since its A-share listing, with 93 million CNY distributed over the last three years [3] - As of September 30, 2025, the top ten circulating shareholders include notable entities such as the Fortune China Securities Tourism Theme ETF, which increased its holdings by 64.51 million shares [3] Business Overview - Xiyu Tourism, established on January 18, 2001, and listed on August 6, 2020, focuses on tourism resource development and operations, including services such as tourist transportation, cable car sightseeing, boat tours, hot spring hotels, and travel agencies [2] - The company's revenue composition is primarily from tourist transportation (64.81%), followed by cable car transportation (13.16%), boat tours (11.36%), and other services [2]

Core Insights - Changbai Mountain's stock price decreased by 1.79% on October 22, with a trading volume of 635 million yuan [1] - The company experienced a net financing purchase of approximately 20.46 million yuan on the same day, indicating strong investor interest despite the stock price decline [1] Financing and Margin Trading - On October 22, Changbai Mountain had a financing buy-in amount of 77.37 million yuan and a financing repayment of 56.91 million yuan, resulting in a net financing purchase of 20.46 million yuan [1] - The total margin trading balance for Changbai Mountain reached 365 million yuan, with the financing balance accounting for 2.73% of the circulating market value, indicating a high level of leverage compared to the past year [1] - In terms of short selling, 200 shares were repaid while 2,300 shares were sold short, with a short selling amount of approximately 115,000 yuan [1] Company Overview - Changbai Mountain Tourism Co., Ltd. is located in the Changbai Mountain Protection and Development Zone, Jilin Province, and was established on December 8, 2010, with its stock listed on August 22, 2014 [1] - The company's main business includes tourism services, with revenue composition as follows: 66.82% from tourist transportation, 24.09% from hotel operations, 6.82% from other services, and 2.28% from travel agency services [1] Shareholder and Financial Performance - As of June 30, the number of shareholders for Changbai Mountain was 36,600, a decrease of 24.52% from the previous period, while the average circulating shares per person increased by 32.48% to 7,289 shares [2] - For the first half of 2025, the company reported a revenue of 235 million yuan, a year-on-year decrease of 7.44%, and a net profit attributable to shareholders of -2.05 million yuan, reflecting a significant decline of 109.75% [2] - Since its A-share listing, Changbai Mountain has distributed a total of 144 million yuan in dividends, with 42.53 million yuan distributed over the past three years [2] Institutional Holdings - As of June 30, among the top ten circulating shareholders, the Fortune CSI Tourism Theme ETF held 1.38 million shares, a decrease of 602,000 shares from the previous period [2] - New institutional shareholders include Guangfa Xinxiang Mixed A and Southern CSI 1000 ETF, while Huabao Advanced Growth Mixed has exited the top ten circulating shareholders list [2]

Core Viewpoint - Changbai Mountain's stock price has shown significant growth this year, with a 25.89% increase, indicating strong market interest and potential investment opportunities [1]. Financial Performance - As of June 30, 2025, Changbai Mountain reported a revenue of 235 million yuan, a year-on-year decrease of 7.44%, and a net profit attributable to shareholders of -2.05 million yuan, a decline of 109.75% [2]. - Cumulative cash dividends since the A-share listing amount to 144 million yuan, with 42.53 million yuan distributed over the past three years [3]. Stock Market Activity - On October 21, the stock price increased by 2.00%, reaching 52.92 yuan per share, with a trading volume of 382 million yuan and a turnover rate of 2.76% [1]. - The total market capitalization of Changbai Mountain is 14.112 billion yuan [1]. - The stock has seen a net outflow of 7.32 million yuan from main funds, with significant buying and selling activity from large orders [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 24.52% to 36,600, while the average number of circulating shares per person increased by 32.48% to 7,289 shares [2]. - Notable changes in institutional holdings include a significant reduction in shares held by major shareholders, with new entries from several funds [3].

Core Insights - On October 20, Changbai Mountain's stock rose by 8.81%, with a trading volume of 1.283 billion yuan [1] - The company experienced a net financing outflow of 16.19 million yuan on the same day, with total financing and margin trading balance reaching 315 million yuan [1] Financing and Margin Trading - On October 20, Changbai Mountain had a financing buy-in of 102 million yuan, while the current financing balance is 314 million yuan, accounting for 2.27% of the circulating market value [1] - The financing balance is above the 90th percentile level over the past year, indicating a high level of financing activity [1] - In terms of margin trading, 400 shares were repaid, and 2,500 shares were sold on October 20, with a selling amount of 129,700 yuan [1] - The margin balance is 684,800 yuan, also exceeding the 90th percentile level over the past year [1] Company Overview - Changbai Mountain Tourism Co., Ltd. is located in the Changbai Mountain Protection and Development Zone, Jilin Province, established on December 8, 2010, and listed on August 22, 2014 [1] - The company's main business includes tourism services, with revenue composition as follows: 66.82% from tourism transportation, 24.09% from hotel services, 6.82% from other businesses, and 2.28% from travel agency services [1] Shareholder and Financial Performance - As of June 30, the number of shareholders for Changbai Mountain was 36,600, a decrease of 24.52% from the previous period [2] - The average number of circulating shares per person increased by 32.48% to 7,289 shares [2] - For the first half of 2025, the company reported a revenue of 235 million yuan, a year-on-year decrease of 7.44%, and a net profit attributable to shareholders of -2.05 million yuan, a decrease of 109.75% [2] - Since its A-share listing, Changbai Mountain has distributed a total of 144 million yuan in dividends, with 42.53 million yuan distributed over the past three years [2] Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included notable funds such as the Fortune China Securities Tourism Theme ETF, which held 1.3775 million shares, down by 602,000 shares from the previous period [2] - New institutional shareholders include Guangfa Xinxiang Mixed A and Southern CSI 1000 ETF, among others [2]

Core Viewpoint - Yunnan Tourism's stock price has shown fluctuations with a recent increase of 2.03%, reflecting ongoing market interest despite a decline in revenue and profit margins [1][2]. Company Overview - Yunnan Tourism Co., Ltd. is based in Kunming, Yunnan Province, and was established on December 29, 2000, with its stock listed on August 10, 2006 [1]. - The company operates in various sectors including tourism scenic area operations, tourism real estate development, transportation, landscaping, conference hotels, travel agencies, and tourism culture [1]. - The revenue composition is as follows: transportation 41.26%, scenic area operations 39.10%, tourism culture technology 19.54%, and travel agency services 0.10% [1]. Financial Performance - As of September 30, 2025, Yunnan Tourism reported a revenue of 1.17 billion yuan, a year-on-year decrease of 61.22%, and a net profit attributable to shareholders of -96.92 million yuan, a decline of 110.85% [2]. - The company has not distributed dividends in the last three years, with a total payout of 212 million yuan since its A-share listing [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased by 23.07% to 78,000, while the average circulating shares per person decreased by 18.74% to 12,596 shares [2]. - The top ten circulating shareholders include the Fortune China Securities Tourism Theme ETF, which holds 6.53 million shares, an increase of 342,000 shares from the previous period [3]. Market Activity - Yunnan Tourism's stock has experienced a year-to-date increase of 2.78%, with a recent decline of 0.89% over the last five trading days [1]. - The stock has appeared on the "Dragon and Tiger List" five times this year, with the most recent occurrence on September 25 [1].

Core Viewpoint - Changbai Mountain's stock price has shown volatility with a year-to-date increase of 14.54%, while recent trading patterns indicate mixed performance over different time frames [1][2]. Financial Performance - As of June 30, 2025, Changbai Mountain reported a revenue of 235 million yuan, a year-on-year decrease of 7.44%, and a net profit attributable to shareholders of -2.05 million yuan, reflecting a significant decline of 109.75% [2]. - Cumulative cash dividends since the A-share listing amount to 144 million yuan, with 42.53 million yuan distributed over the past three years [3]. Shareholder and Market Activity - The number of shareholders decreased by 24.52% to 36,600, while the average number of circulating shares per person increased by 32.48% to 7,289 shares [2]. - As of June 30, 2025, major shareholders include the Fortune China Securities Tourism Theme ETF, which reduced its holdings by 60.20%, and several new entrants among the top ten shareholders [3]. Stock Performance Metrics - As of October 16, the stock price reached 48.15 yuan per share, with a market capitalization of 12.84 billion yuan and a trading volume of 1.03 billion yuan [1]. - The stock has experienced a 2.03% increase during the trading session on October 16, with a turnover rate of 0.80% [1].

Core Viewpoint - Changbai Mountain's stock price has shown fluctuations, with a recent increase of 2.05% and a year-to-date rise of 7.97%, indicating potential investor interest despite recent declines in revenue and profit [1][2]. Financial Performance - As of June 30, 2025, Changbai Mountain reported a revenue of 235 million yuan, a year-on-year decrease of 7.44%, and a net profit attributable to shareholders of -2.05 million yuan, a significant decline of 109.75% [2]. - The company has distributed a total of 144 million yuan in dividends since its A-share listing, with 42.53 million yuan distributed over the past three years [3]. Stock Market Activity - On October 13, 2023, Changbai Mountain's stock reached 45.39 yuan per share, with a trading volume of 145 million yuan and a turnover rate of 1.21%, resulting in a total market capitalization of 12.104 billion yuan [1]. - The net inflow of main funds was 7.4166 million yuan, with large orders accounting for 19.55% of purchases and 16.03% of sales [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 24.52% to 36,600, while the average number of circulating shares per person increased by 32.48% to 7,289 shares [2]. - Notable changes in institutional holdings include a significant reduction in shares held by the top shareholders, with new entries from several funds [3].