Core Viewpoint - The 31st Shenzhen Spring Tea Expo will take place from June 27 to June 30, featuring a wide array of tea products and the 5th World Green Tea Conference, aimed at promoting tea culture and industry collaboration [1][19]. Group 1: Event Highlights - The expo will showcase a variety of teas from across China, including famous tea-producing regions, and will feature nearly a thousand exhibitors presenting their flagship products [5][4]. - The event will include over 50 activities such as forums, competitions, and tea ceremonies, highlighting the importance of tea culture and industry development [17][19]. Group 2: Exhibitor Information - Government delegations from regions like Huangshan, Guizhou, and others will participate, promoting local tea products and fostering connections with health-conscious consumers [4][7]. - Notable exhibitors include brands specializing in various types of tea such as Pu-erh, black tea, green tea, and more, with a focus on quality and unique offerings [5][7]. Group 3: Special Events and Forums - The main forum of the 5th World Green Tea Conference will focus on the theme "Channel Weaving, Tea Nourishing the World," discussing the green tea industry's upgrade paths and global market trends [19]. - A significant event will be the first TCM Tea Therapy and Health Promotion Industry Development Conference, emphasizing the integration of traditional Chinese medicine with tea culture [25]. Group 4: Visitor Information - The expo will be held at the Shenzhen Convention and Exhibition Center, with specific visiting hours and guidelines for attendees to ensure a smooth experience [39][38]. - Attendees are encouraged to pre-register for tickets and plan their visits to avoid peak congestion, ensuring they can fully explore the extensive exhibition space [39].

（原标题：2025古尔邦节假期，喀什市文旅人气旺、市面暖、活力足） 古尔邦节假期（6月6日至6月10日），喀什市累计接待游客107.22万人次，同比增长7.05%；实现旅游收 入8.75亿元，同比增长7.36%。来自全国各地的游客汇聚于此，赏古城独特美景、品地道特色美食、住 精美特色民宿，尽情领略喀什古城的特有魅力。 节日期间，喀什古城人流如织，游客们或携手同行，或独自漫步在古城蜿蜒的巷道中，静静感受着古城 浓厚的生活气息。 福建游客廖琳说："一到古城，节日氛围扑面而来，大家脸上洋溢着节日的笑容，歌舞表演都非常的精 彩和热闹，很值得来。" 喀什古城除每天两次的开城仪式表演外，每天19:00的 "公主选郎""丝路驼队" 表演也是不容错过的民俗 文化活动。游客有机会成为幸运 "佳婿" 与 "公主" 互动，感受独特乐趣。表演现场，游客纷纷拿出手 机、相机记录精彩瞬间。 喀什古城的独特魅力，吸引游客留下深度体验风土人情。来自四川的游客珍珍游玩一天后，选择入住喀 什古城归·徕宁居隐奢美宿，沉浸式体验当地传统文化。该民宿结合喀什风土人情，精心打造乐器、花 帽、土陶、铜器、艾特莱斯等非遗主题客房，游客在此不仅能享受舒适住宿 ...

Core Viewpoint - The company has engaged in a product exchange agreement to enhance its competitive position in a slow-recovering consumer market, aiming to meet diverse consumer demands and resolve existing inventory issues [2]. Group 1 - On December 5, 2024, Guangzhou Kangrui signed a memorandum with a customer from Foshan and a Guangzhou trader to exchange 35 tons of new tea for at least 70-87.5 tons of old tea, leveraging their inventory advantages [1]. - On January 4, 2025, the Foshan customer took possession of the 35 tons of new tea, resulting in a corresponding inventory loss for Guangzhou Kangrui [1]. - The board approved the cooperation model outlined in the memorandum, allowing business departments to proceed with the collaboration [2]. Group 2 - On May 24, 2025, Guangzhou Kangrui signed a product exchange contract with the Guangzhou trader, agreeing to exchange a total of 35 tons of new tea for 160 tons of old tea, which has been completed as of the announcement date [2]. - The company appointed Yunnan Tea Evaluation and Testing Traceability Center to conduct sampling tests on the 160 tons of old tea, confirming compliance with relevant standards and providing a market evaluation reference price [2]. - The board believes that the product exchange contract will enhance the company's competitiveness in the current market and benefit the overall interests of the company and its shareholders [2].

Group 1 - The company announced a significant personnel change with Zhou Xinchong appointed as the new General Manager and Executive Director, taking full responsibility for operational management [1] - Zhou Xinchong is a major shareholder and has been involved with the company since 2019, increasing his investment through capital increase and share transfer [1] - The previous General Manager, Wang Juan, resigned due to health reasons, and the Chairman, Du Chunyi, temporarily took over the management role, ensuring stable operations [1] Group 2 - The company is focusing on balancing online and offline business development, emphasizing the importance of offline sales while managing online operations strictly [2] - In 2024, the key account channel (KA channel) is expected to achieve over 150% year-on-year sales growth, with significant breakthroughs in raw tea business anticipated to further enhance profits [2] - The company is advancing the construction of the Mountain Spring Ancient Fermentation project, which integrates production, research, and storage, enhancing technical barriers for its flagship product, Pu-erh ripe tea [2] Group 3 - The company continues to launch key products such as Sheng Tea 001 and Ripe Tea Wujin Laochaotou, and collaborates with Chinese ceramic intangible cultural heritage inheritor Ji Yishun to introduce co-branded products [2] - Following the successful application for heritage status of Jingmai Mountain, the company is deepening brand influence through its "Tea Culture +" strategy [2] - The company held a "Homecoming Journey" event in March 2025, integrating brand development with tea culture inheritance [2]