OCT(SZ:000069)2022-12-07 08:54Group 1: Company Overview and Business Model - The company operates in three main sectors: tourism and related cultural industries, real estate, and paper packaging [1] - It has developed a mature integrated development model over nearly two decades, with strong synergy and cluster advantages among its business segments [2] Group 2: Growth Drivers in Tourism Business - As the first theme park operator in China, the company leverages its rich operational experience and resource acquisition advantages to drive real estate premium through cultural tourism [2] - Increasing consumer spending power among Chinese citizens is driving demand for theme parks, thus promoting overall tourism industry growth [2] Group 3: Real Estate Development Strategy - The company focuses on major cities like Beijing, Shanghai, Guangzhou, and Shenzhen, as well as provincial capitals with significant market potential for real estate expansion [2] - It aims to maintain a mid-to-high-end positioning in product strategy, optimizing project structure while expanding [2] Group 4: Sales and New Project Development - In the first half of the year, the company’s real estate project settlements were primarily concentrated in Shenzhen and other major cities [3] - New projects are set to launch between July and November, including high-rise developments in Shenzhen and other cities [3] - The company is actively participating in the development of the coastal tourism service belt in Bao'an District and advancing various projects in collaboration with other real estate firms [3]