Core Insights - The cross-year consumption trend is on the rise, with various new experiences and activities being introduced across different regions, enhancing the "ceremonial consumption" aspect of the New Year celebrations [1][2][4] Group 1: New Consumption Trends - The integration of immersive experiences, such as the "Cloud Top Palace" snow sculpture and themed events, is attracting visitors and enhancing the sense of occasion during the New Year [2][4] - In Shanghai, a variety of activities including fireworks, music performances, and themed markets are planned to create a festive atmosphere for families and friends [2][3] Group 2: Regional Highlights - In Jilin, the tourism sector is leveraging its winter resources with events like snow tours and night skiing, supported by a 100 million yuan ice and snow consumption voucher initiative [4][6] - The popularity of hot spring experiences is also rising, with many consumers seeking relaxation and wellness options during the winter season [5][6] Group 3: Consumer Preferences - There is a noticeable shift from sightseeing to experiential consumption, with consumers increasingly valuing personalized and emotionally fulfilling experiences [7][8] - The demand for diverse and high-quality experiences is prompting destinations to innovate and enhance their offerings, including cultural integration and improved service quality [7][8]

新华社北京12月30日电 题：跨年消费，场景焕新，有哪些新看点？ 新华社记者张格、王帆、陈爱平 新年将至，跨年消费热度持续攀升。邮轮港畔的跨年烟花秀、科技感十足的冰雪秘境、暖意融融的竹海温泉之旅……记者在上海、吉林、湖 南等地走访看到，跨年消费场景持续焕新，承载美好期许的"仪式感消费"悄然升温，催生诸多消费新亮点。 图为12月29日拍摄的上海市徐汇区西岸梦中心跨年光影秀彩排现场，跨年活动将自12月31日晚间开启。（徐汇区文化和旅游局供图） 从"看景"到"入景" 跨年仪式感满满 夜幕降临，长白山麓的夜色被灯火与欢呼声点亮。来自辽宁的"95后"游客李然举着相机连拍，镜头里既有雪雕光影的璀璨，也有她与"青铜 门"的创意合影。 "青铜门"是《盗墓笔记》中的经典场景。2025-2026雪季，长白山景区以冰雪雕塑还原小说中多个标志性点位，其中最"出圈"的当属全新升级 的"云顶天宫"雪雕。这座长70米、高30米的巨型雪雕，结合全息投影技术，在夜间演绎"青铜门开"的沉浸式剧情，配合点亮夜空的烟花秀，让书 迷们直呼"穿越进小说世界"。 "往年跨年只是来滑雪，今年这些新鲜玩法让仪式感直接拉满！"李然说。 12月26日，第七届长白 ...

Core Viewpoint - Emei Mountain A has announced a shareholder reward program that offers various benefits, including free tickets and discounts for shareholders and their families, which has positively impacted its stock price and market perception [2][3]. Group 1: Shareholder Benefits - From December 1, 2025, to January 31, 2026, shareholders holding 500 shares or more will receive free access to scenic spots, cable cars, and hot springs, along with exclusive discounts for family members [2]. - The program is designed to provide tangible benefits to shareholders, with an estimated return of at least 3% over two months based on the stock price prior to the announcement [2]. Group 2: Cost Management - The cost of the rewards program is manageable for Emei Mountain A due to the low marginal cost associated with additional visitors, as the fixed costs of infrastructure and staffing do not significantly increase with more guests [3]. - The free benefits are seen as an efficient use of "idle capacity," which can lead to increased revenue through secondary spending by shareholders and their families [3]. Group 3: Market Trends - Shareholder reward programs are becoming increasingly common in the A-share market, with other companies also offering various incentives to engage their shareholders [3]. - These initiatives aim to transform shareholders into product and service advocates, enhancing market value management [3][4]. Group 4: Long-term Value Creation - The primary goal of shareholder reward activities should extend beyond short-term stock price boosts to fostering long-term relationships and trust between the company and its investors [4]. - By allowing shareholders to experience the company's products and services, companies can enhance understanding of their business models and value propositions, leading to more rational investment decisions [4][5].

Core Viewpoint - Emei Mountain A has announced a shareholder reward program that offers various benefits, including free tickets and discounts, which has positively impacted its stock price and market perception [1][2]. Group 1: Shareholder Benefits - From December 1, 2025, to January 31, 2026, shareholders holding 500 shares or more will receive free access to scenic spots, cable cars, and hot springs, along with discounts for family members [1]. - The stock price surged to its limit on December 1, indicating strong market approval of the reward program [1]. - The cost of acquiring 500 shares is approximately 6,435 yuan, with the benefits translating to at least a 3% return over two months, appealing to small investors [1]. Group 2: Cost Efficiency of the Program - The reward program is cost-effective for Emei Mountain A due to the low marginal cost associated with additional visitors, as the fixed costs of operations do not significantly increase with more guests [2]. - The free benefits are seen as an efficient use of "idle capacity," which can lead to increased revenue through secondary spending by shareholders and their families [2]. Group 3: Broader Market Trends - Shareholder reward activities have become common in the A-share market, with other companies also offering various incentives to engage their shareholders [2]. - These activities aim to transform shareholders into consumers of the company's products and services, enhancing market visibility and potentially driving revenue growth [3]. Group 4: Long-term Relationship Building - The goal of shareholder reward programs should extend beyond short-term stock price boosts to fostering a long-term relationship between the company and its investors [3][4]. - By allowing shareholders to experience the company's offerings, it can lead to a better understanding of the business model and create a stable trust relationship, encouraging long-term investment [3].

Core Viewpoint - Emei Mountain A announced a shareholder reward program offering free benefits such as tickets and discounts for shareholders holding 500 shares or more, which has positively impacted its stock price, demonstrating a strong market response to the initiative [1][2]. Group 1: Shareholder Benefits - From December 1, 2025, to January 31, 2026, shareholders with 500 or more shares will receive free access to various attractions and discounts for family members, enhancing the appeal of the investment [1]. - The stock price surged to a limit up on the first trading day after the announcement, indicating strong market approval and investor interest in the reward program [1]. Group 2: Cost Management - The reward program is cost-effective for Emei Mountain A, as the marginal cost of accommodating additional visitors is nearly zero due to fixed operational costs, allowing for efficient utilization of idle capacity [2]. - The initiative is expected to drive additional revenue through secondary spending by shareholders and their families, rather than negatively impacting profits [2]. Group 3: Market Trends - Shareholder reward activities have become common in the A-share market, with other companies also offering various incentives to engage shareholders and enhance brand loyalty [2]. - These activities serve as a means of market management, transforming shareholders into customers and potentially increasing revenue [2]. Group 4: Long-term Relationship Building - Engaging shareholders through product and service experiences fosters a deeper understanding of the company's value proposition, leading to more informed investment decisions and a stable trust relationship [3]. - The ultimate goal of such initiatives should be to convey company value and ensure long-term shareholder retention, rather than merely boosting short-term stock prices [3][4].

Core Viewpoint - Emei Mountain A announced a shareholder reward program offering free benefits such as tickets and discounts for family members, which led to a significant increase in stock price, indicating strong market approval of the initiative [2][3]. Group 1: Shareholder Benefits - From December 1, 2025, to January 31, 2026, shareholders holding 500 shares or more will receive various free benefits, including tickets and discounts on services [2]. - The stock price surged to a limit up on the first trading day after the announcement, reflecting investor enthusiasm for the reward program [2]. Group 2: Cost Efficiency - The reward program is cost-effective for Emei Mountain A, as the marginal cost of accommodating additional visitors is nearly zero due to fixed operational costs [3]. - The free benefits are seen as an efficient use of "idle capacity," which can potentially increase revenue through additional spending by shareholders and their families [3]. Group 3: Market Trends - Shareholder reward activities have become common in the A-share market, with other companies also offering various incentives to engage shareholders [3]. - These activities aim to transform shareholders into consumers of the company's products and services, enhancing market visibility and driving revenue growth [4]. Group 4: Long-term Relationship Building - The primary goal of shareholder reward programs should be to convey company value and foster long-term relationships with investors, rather than merely boosting short-term stock prices [4][5]. - By allowing shareholders to experience the company's offerings, a more stable and trusting relationship can be established, promoting value and long-term investment [4][5]. Group 5: Strategic Implementation - Companies should leverage these opportunities to showcase their products and services while actively collecting shareholder feedback [5]. - The ultimate aim of these activities is to create a closed loop of operational improvement, market value growth, and enhanced governance [5].

Group 1: Chengdu Tourism Market - The winter tourism market in Chengdu, Sichuan, is experiencing a unique surge in popularity, particularly in November when the Xiling Snow Mountain enters its peak viewing period for colorful foliage [2][6] - The combination of "mountain viewing and hot spring soaking" has become the preferred immersive experience for tourists, enhancing the overall winter tourism appeal [2][4] - Hotel bookings at the Huashuiwan Hot Spring have increased by over 33% compared to October, indicating a strong demand for the "colorful foliage + hot spring" combination as a popular tourism trend in Chengdu [6] Group 2: Hainan Tourism Market - Hainan's tourism market is also on the rise, with a steady increase in visitor numbers since early November, driven by warm weather and a variety of cultural and tourism activities [9] - The local government has organized a series of events that integrate local culture with tourism experiences, attracting many cultural enthusiasts to engage in activities such as "study tours" and "culinary gatherings" [9] - The warm climate in Hainan provides excellent conditions for winter sports events, creating a new consumption model that combines "watching sports and tourism" [11] Group 3: Guangdong Tourism Market - Guangdong's Hailing Island is witnessing a peak in "migrant bird tourists" as temperatures drop in other regions, indicating a growing trend in winter tourism [11][15] - These "migrant bird tourists" are increasingly seeking a deeper, slower-paced "residential" lifestyle rather than just quick sightseeing, with some staying for months [15] - This trend significantly boosts local industries such as housing rentals, dining, shopping, and community services on Hailing Island [15]