CBMT(SH:603099)2024-09-20 09:37Group 1: Visitor Statistics - As of June 2024, Changbai Mountain Scenic Area received a total of 1.087 million visitors, representing a year-on-year increase of 64.3% [2] - In Q1 2024, the scenic area welcomed 429,000 visitors, a significant year-on-year growth of 161.8% [3] - In Q2 2024, the number of visitors reached 620,000, marking a year-on-year increase of 33% [3] Group 2: Financial Performance - For the first half of 2024, the company achieved an operating income of 254 million yuan, up 51.73% year-on-year [2] - The net profit for the same period was 21.033 million yuan, reflecting a year-on-year increase of 71.7% [2] - The hotel segment's net profit decreased due to increased maintenance costs, tax obligations, and rising wages [3] Group 3: Market Trends and Consumer Behavior - There is a trend towards rational tourism consumption, with more visitors opting for independent travel and online booking [4] - The demographic of visitors is becoming younger, with a growing interest in snow tourism among younger groups [4] - The main source markets for visitors in Q1 were from East and South China, with Guangdong, Jiangsu, and Zhejiang accounting for 36.06% of visitors [4] Group 4: Future Developments - The opening of the Shenyang-Baihe High-Speed Railway is expected to significantly reduce travel time to Changbai Mountain, enhancing accessibility [5] - The company plans to expand its services and marketing efforts in response to the railway's opening [5] - The second phase of the hot spring project commenced construction in June 2024, with plans to complete the main structure this year [5] Group 5: Investor Relations - The company has distributed a cash dividend of 0.78 yuan per 10 shares, totaling 20.8 million yuan for 2023 [6] - Since its listing, the company has returned a total of 122 million yuan to investors through dividends [6]