Core Viewpoint - Jiangsu Shouxihu Cultural Tourism Co., Ltd. is preparing for an IPO on the Hong Kong Stock Exchange, with Everbright Securities International as the sole sponsor, highlighting the growth of the tourism sector in China, particularly in Yangzhou [1][2]. Company Overview - Shouxihu, located in Yangzhou, is the second-largest water tourism service provider in Jiangsu Province, known for its scenic beauty and historical significance as a national 5A-level tourist attraction [2][3]. - The company was established in 2006 to unify the operation of water tourism services, which were previously fragmented [2]. Leadership - Xu Shunmei, the 55-year-old chairwoman, has been instrumental in the company's development, transitioning from a tour guide to various management roles before becoming the general manager in 2011 and later the chairwoman [3]. Business Development - Since its inception, Shouxihu has expanded its offerings, including the development of water tourism routes and immersive cultural tourism products such as "Night Tour Yangzhou" [3]. - The company has also diversified its services to include dining, retail, and event hosting, enhancing the overall tourist experience [5]. Financial Information - In June 2023, Shouxihu raised approximately 28.56 million yuan by issuing 280,000 shares at a price of 10.21 yuan per share, estimating its market value at around 300 million yuan [5]. - The major shareholders include Yangzhou Tourism Development Group and Yangzhou All-region Tourism Company, holding 65.24% and 24.75% of the shares, respectively, with the Yangzhou municipal government as the ultimate controller [5].