证券代码：002627 证券简称：三峡旅游 湖北三峡旅游集团股份有限公司投资者关系活动记录表 编号：2025-08 | | □特定对象调研 | □分析师会议 | | --- | --- | --- | | 投资者关系活动 | □媒体采访 | □业绩说明会 | | 类别 | □新闻发布会 | □路演活动 | | | □现场参观 | | | | （电话会议） √其他 | | | | 国海证券 | 芦冠宇、叶思嘉、贺君宜 | | | 光大保德信基金 谢东 | | | | 鹏华基金 陈金伟、王心璐 | | | | 华夏基金 艾邦妮 | | | | 方正证券 李珍妮、王雪尼 | | | | 招商基金 姜春曦、曾子潇 | | | | 东方基金 邵子馨 | | | | 安信基金 林乐天 | | | | 汇丰晋信 杨明芬 | | | 参与单位名称及 | 太平养老 高瑜 | | | 人员姓名 | 招商信诺 钱旖昕 | | | | 复胜资产 张晓珊 | | | | 万纳基金 杨君弈 | | | | 国金证券 于健、谷亦清 | | | | 国泰基金 智健 | | | | 申万菱信基金 黄书瀚 | | | | 睿亿资产 孙世钰 | ...

Group 1: Company Performance - The company achieved a total revenue of 2.86 billion yuan in the first half of 2025, representing a year-on-year growth of 20.20% [2] - The number of tourists received by the company's cruise products reached 125.25 thousand, marking a 10.96% increase compared to the same period in 2024 [2] - The gross profit margin of the travel agency business reached 26%, significantly higher than the industry average [3] Group 2: Factors Driving Growth - The increase in tourist reception was attributed to favorable weather conditions in the first quarter, which led to an earlier market activation compared to last year [3] - The company expanded its capacity by adding new cruise ships, including the Xiling Gorge Harmony and Joy [3] - New product offerings, such as the Premium All-Region Tour and Sturgeon VIP Experience, contributed to the growth in tourist numbers [3] - Enhanced marketing efforts in various target cities improved brand recognition and product awareness [3] Group 3: Strategic Goals - The company aims to become the leader in tourism for the Three Gorges region and a pioneer in China's inland cruise tourism [5] - Implementation strategies include leveraging the advantages of the controlling shareholder for resource integration and expanding the cruise industry scale through self-built and external growth [5] Group 4: Market Conditions - In 2024, the Three Gorges cruise market saw a total of 5,396 ship departures, with a cumulative passenger volume of 1.2359 million, of which 1.1767 million were domestic tourists, accounting for 95.21% of total reception [6][7] - The elderly population (60 years and above) constituted 50.88% of the total passenger volume [7] Group 5: Regulatory Environment - The Yangtze River Navigation Administration issued regulations on May 31, 2024, regarding market access for inter-provincial passenger transport, including restrictions on establishing new companies and conditions for new ship construction [9]