OCT(SZ:000069)2024-07-02 03:48Group 1: Cultural Tourism Business Performance - In the first five months of 2024, the company received a total of 30.3 million visitors across its cultural tourism enterprises [1] - The company has been deeply engaged in cultural tourism for over 30 years, leveraging its first-mover advantage, experience, product, and brand strengths [2] - The company plans to enhance its cultural tourism integration by focusing on various development paths, including "cultural festivals + tourism" and "cultural performances + tourism" [2] Group 2: Real Estate Business Performance - From January to May 2024, the company achieved a total contracted sales area of 464,000 square meters, a decrease of 46% year-on-year [2] - The total contracted sales amount was 7.71 billion yuan, down 55% compared to the previous year [2] - The company aims to improve product quality, optimize product positioning, and enhance marketing strategies to boost sales [2] Group 3: Asset Impairment and Debt Management - The company conducted a thorough impairment test on inventory, ensuring compliance with accounting standards, and deemed the impairment provisions to be sufficient and reasonable [3] - The company is actively managing debt risks and optimizing debt structure to reduce repayment pressure, adhering to the "631" management requirements [4] - The company is focused on maintaining stable cash flow and has implemented various measures to ensure debt safety, including utilizing real estate financing policies [3][4]