（编辑 王雪儿） 证券日报网讯 12月22日，新世界在互动平台回答投资者提问时表示，公司的自有物业主要用于公司百 货板块、医药板块以及酒店板块的自主经营。公司将一如既往努力做好经营管理工作，不断提升市值管 理能力，持续发挥在商、旅、文、康、体、展多业态联动的优势。同时，公司严格按照相关规定实施利 润分配政策，综合考虑公司发展阶段、经营效益等各方面因素，坚持以相对稳定的利润分配政策和分红 方案积极回报全体投资者。 ...

12月19日，长白山盘中下跌2.04%，截至09:51，报46.18元/股，成交9283.28万元，换手率0.75%，总市 值125.77亿元。 责任编辑：小浪快报 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、旅游酒店、 冰雪产业、国资改革、网约车概念等。 截至9月30日，长白山股东户数4.59万，较上期增加25.35%；人均流通股5814股，较上期减少20.23%。 2025年1月-9月，长白山实现营业收入6.36亿元，同比增长6.99%；归母净利润1.49亿元，同比增长 1.05%。 分红方面，长白山A股上市后累计派现1.44亿元。近三年，累计派现4253.39万元。 机构持仓方面，截止2025年9月30日，长白山十大流通股东中，香港中央结算有限公司位居第四大流通 股东，持股274.64万股，相比上期增加174.74万股。富国中证旅游主题ETF（159766）位居第五大流通 股东，持股222.46万股，相比上期增加84.71万股。南方中证1000ETF（512100）位居第七大流通股东， 持股97.42万股，相比上期减少1.53万股。华夏中证1000ETF（15984 ...

每经头条（nbdtoutiao）——处方药变"瘾品"：国内首次报告普瑞巴林滥用致成瘾病例，网络平台暴 露"无病历可购药"漏洞，列管与否尚需科学考量 每经AI快讯，天目湖（SH 603136，收盘价：11.25元）12月9日晚间发布公告称，江苏天目湖旅游股份 有限公司（以下简称"公司"）拟以非公开协议转让的方式将其所持有的江苏天目湖动物王国旅游有限公 司（以下简称"动物王国公司"）4.5944%股权转让给溧阳市国有资产投资控股集团有限公司（以下简 称"溧阳国投"），交易金额为 1,827.50 万元。 2024年1至12月份，天目湖的营业收入构成为：景区业务占比52.67%，酒店业务占比29.74%，温泉业务 占比7.89%，其他业务占比6.7%，旅行社业务占比1.61%。 截至发稿，天目湖市值为30亿元。 （记者 曾健辉） ...

证券日报网讯 12月8日，百大集团在互动平台回答投资者提问时表示，公司2025年三季报销售费用累计 2951.01万元，主要包括杭州百货大楼销售费用1700余万元，以及酒店业务销售费用1200余万元，本期 增长主要是因为本报告期新增酒店业务所致。公司对变动费用（如渠道费用、物料消耗等）用预算费用 率标准进行控制，月度分析费用投入产出效益，滚动调整。 （文章来源：证券日报） ...

Core Viewpoint - Changbai Mountain's stock price has shown fluctuations, with a year-to-date increase of 19.61% and a recent decline over the past 20 days, indicating potential volatility in the tourism sector [1][2]. Company Overview - Changbai Mountain Tourism Co., Ltd. was established on December 8, 2010, and listed on August 22, 2014. The company operates in the tourism service industry, focusing on passenger transport, travel agency services, and hot spring water development [1]. - The main revenue sources are: passenger transport (66.82%), hotel services (24.09%), other businesses (6.82%), and travel agency services (2.28%) [1]. Financial Performance - For the period from January to September 2025, Changbai Mountain reported revenue of 636 million yuan, a year-on-year increase of 6.99%, and a net profit attributable to shareholders of 149 million yuan, up 1.05% [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]. Stock Market Activity - As of December 3, the stock price was 50.28 yuan per share, with a market capitalization of 13.694 billion yuan. The stock experienced a net outflow of 13.76 million yuan in principal funds on that day [1]. - The stock has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on November 5, where it recorded a net buy of -69.6151 million yuan [1]. 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][3]. - Notable institutional shareholders include Hong Kong Central Clearing Limited and various ETFs, with some new entrants and exits among the top ten circulating shareholders [3].

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. The company was listed on August 22, 2014. Its main business involves tourism services, including passenger transport, travel agency services, and hot spring water development and utilization [1][2]. Financial Performance - For the period from January to September 2025, Changbai Mountain achieved operating revenue of 636 million yuan, representing a year-on-year growth of 6.99%. The net profit attributable to the parent company was 149 million yuan, with a year-on-year increase of 1.05% [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 [3]. Stock Performance - As of December 2, Changbai Mountain's stock price increased by 2.15%, reaching 51.68 yuan per share, with a trading volume of 471 million yuan and a turnover rate of 3.47%. The total market capitalization is 14.075 billion yuan [1]. - Year-to-date, the stock price has risen by 22.94%, with a 3.09% increase over the last five trading days, a 10.76% decrease over the last 20 days, and an 8.14% increase over the last 60 days [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Changbai Mountain was 45,900, an increase of 25.35% from the previous period. The average number of circulating shares per person was 5,814, a decrease of 20.23% [2][3]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the fourth largest shareholder, holding 2.7464 million shares, an increase of 1.7474 million shares from the previous period. Other notable shareholders include various ETFs focused on tourism and the broader market [3]. Market Position - Changbai Mountain is classified under the Shenyin Wanguo industry category of social services, specifically in tourism and scenic areas, and is associated with concepts such as ride-hailing, revitalization of Northeast China, and state-owned enterprise reform [2].

Core Viewpoint - Hainan Highway's stock price has experienced fluctuations, with a current price of 7.55 yuan per share, reflecting a year-to-date decline of 2.83% and a recent increase of 1.21% over the last five trading days [1] Group 1: Financial Performance - For the period from January to September 2025, Hainan Highway reported operating revenue of 314 million yuan, representing a year-on-year increase of 133.41% [2] - The company recorded a net profit attributable to shareholders of -10.63 million yuan, a year-on-year decrease of 126.58% [2] - Cumulative cash dividends since the A-share listing amount to 643 million yuan, with 119 million yuan distributed over the last three years [3] Group 2: Shareholder and Market Activity - As of November 20, 2025, the number of shareholders for Hainan Highway is 66,600, a decrease of 3.27% from the previous period [2] - The average number of circulating shares per shareholder is 14,691, an increase of 3.38% [2] - The stock has seen significant trading activity, with a net inflow of 283,200 yuan from main funds and notable buying and selling volumes [1] Group 3: Business Overview - Hainan Highway, established on August 17, 1993, and listed on January 23, 1998, operates in various sectors including real estate development, transportation infrastructure investment, hotel operations, and advertising [1] - The company's revenue composition is as follows: transportation industry 54.57%, service industry 21.11%, cultural tourism 19.97%, and real estate 4.35% [1] - The company is categorized under the transportation sector, specifically focusing on highways, and is associated with concepts such as Hainan state-owned assets, Hainan Free Trade Zone, duty-free shopping, tourism hotels, and online tourism [2]

智通财经APP讯，远东酒店实业(00037)发布公告，集团截至2025年9月30日止6个月(本期间)的中期业绩 预计将取得约800万港元的净亏损，而截至2024年同期取得净亏损约2300万港元。 预期本集团本期间取得净亏损主要归因本集团投资物业的公允价值减少;及于中国香港营运的酒店业务 和于中国内地营运的服务式物业出租收益下降。 ...

Core Viewpoint - Changbai Mountain's stock price has shown fluctuations with a recent decline, while the company has experienced overall growth in revenue and profit year-to-date [1][2]. 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. The company primarily operates in the tourism service industry, including tourist transportation, travel agency services, and hot spring water development [1]. Financial Performance - For the period from January to September 2025, Changbai Mountain achieved a revenue of 636 million yuan, representing a year-on-year growth of 6.99%. The net profit attributable to the parent company was 149 million yuan, with a growth of 1.05% [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]. Stock Performance - As of November 19, Changbai Mountain's stock price was 50.25 yuan per share, with a year-to-date increase of 19.53%. Over the last five trading days, the stock rose by 4.04%, and over the last 60 days, it increased by 26.93% [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent occurrence on November 5, where it recorded a net buy of -69.6151 million yuan [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Changbai Mountain was 45,900, an increase of 25.35% from the previous period. The average circulating shares per person decreased by 20.23% to 5,814 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 2.7464 million shares, an increase of 1.7474 million shares from the previous period [3].

Core Viewpoint - Xi'an Tourism has significantly shifted its fundraising strategy, moving from expansion plans to focusing on alleviating financial pressure through a new A-share issuance plan aimed at raising up to 300 million yuan for working capital and debt repayment [1][2][4]. Fundraising Strategy - The new fundraising plan involves a reduction in the scale of fundraising from approximately 400 million yuan in the previous plan to a maximum of 300 million yuan, with a higher proportion of funds now allocated for debt repayment and working capital [2][4]. - The company has terminated its previous fundraising plan for 2024, which aimed to invest in direct hotel expansion projects [1][2]. Financial Performance - Xi'an Tourism reported a significant decline in revenue, with a 13.54% drop in 2024 to 582 million yuan and a net loss of 260 million yuan, marking a 69.13% increase in losses year-on-year [4][5]. - In the first half of 2025, the company experienced a 27.4% decrease in revenue, totaling 218 million yuan, with a net loss of approximately 55.93 million yuan [5]. Business Structure and Challenges - The company has faced a drastic change in its revenue structure, with its traditional trade business declining over 80%, while travel agency and hotel businesses have seen increased revenue shares, yet without profitability [6][7]. - The hotel business has reported a negative gross margin of -12.54%, indicating a worsening financial situation where increased revenue leads to greater losses [7][8]. Competitive Landscape - Xi'an Tourism's business model has been criticized for its weak competitiveness, especially when compared to other regional companies with significantly higher gross margins [8]. - The company's aggressive expansion strategy has resulted in a "bleeding growth" scenario, exacerbating resource consumption and financial strain [8].