Securities code: Western Regions Tourism Development Co.Ltd(300859) securities abbreviation: ST Xiyu Announcement No.: 2022012 Western Regions Tourism Development Co.Ltd(300859) 2021 annual report summary
1、 Important note: the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. Except for the following directors, other directors personally attended the meeting of the board of directors to consider this annual report. The audit opinion of Lixin Certified Public Accountants (special general partnership) on the company's financial report this year is: standard unqualified opinion. Changes of accounting firm during the reporting period: the accounting firm of the company was changed from Lixin Accounting firm (special general partnership) this year. Tips on non-standard audit opinions □ applicable √ not applicable the company was not profitable at the time of listing and is not profitable at present □ applicable √ not applicable to the profit distribution plan of common stock or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors √ applicable □ not applicable
The company's profit distribution plan for ordinary shares reviewed and approved by the board of directors is: take 155000000 shares as the base, distribute cash dividends of 1.00 yuan (including tax) to all shareholders for every 10 shares, give bonus shares of 0 shares (including tax), and transfer capital reserve to all shareholders for every 10 shares.
Preferred stock profit distribution plan for the reporting period adopted by the board of directors □ applicable √ not applicable II. Basic information of the company 1. Company profile
Stock abbreviation ST Xiyu stock code Western Regions Tourism Development Co.Ltd(300859)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Yang Xiaohong
Office address: No. 229, Junggar Road, Fukang City, Changji Prefecture, Xinjiang
Fax: 09943225611
Tel: 09943225611
E-mail [email protected].
2. During the reporting period, there was no significant change in the company's main business, business model and main performance drivers.
The industry of the company is tourism. The main business of the company is the development and operation of tourism resources. Through the development of scenic spots, the company provides tourism services for tourists. The business areas of the company include world natural heritage sites, national 5A scenic spot Tianshan Tianchi scenic spot, 3A Wucaiwan hot spring scenic spot and Flame Mountain scenic spot.
Relying on the unique resource advantages of natural scenic spots and scenic spots, the company provides comprehensive tourism services such as tourism passenger transport, cruise sightseeing, cableway sightseeing and Performing Arts in Tianshan Tianchi scenic spot; Provide comprehensive services such as hot spring entertainment, hotel and conference in Wucaiwan scenic spot. Tianchi CITS, a subsidiary of the company, organizes tourists to visit Tianchi scenic spot and Wucaiwan hot spring, and undertakes other tourism services for tourists at the same time. The company has initially formed a relatively complete tourism business chain, organically combining the six elements of tourism "business, maintenance, learning, leisure, emotion and curiosity", and has a certain competitive advantage and market share in Xinjiang. 1. Main business of the company
(1) Passenger transport business: at present, there are 176 inter district buses, 36 sightseeing buses and 25 battery cars operating passenger transport business in Tianchi scenic spot, totaling 237. It mainly provides tourists with passenger transport, tourism vehicle leasing and other services in the scenic spot. Passenger transport business is one of the main core businesses of the company and the basis for the company to further expand its business. The company has the road franchise right in the scenic spot.
(2) Cableway business:
The cableway currently operated by the company is located in Maya mountain scenic spot in Tianchi, Tianshan. The Maya mountain cableway is 3 kilometers away from the southwest of Tianchi Lake, with an altitude of 305600 meters. The Maya mountain cableway adopts the equipment of French POMA company, and the single line circulating detaching rope holder is an 8-person cableway. The height difference of the cableway is about 312 meters. Tourists can take the cableway to climb the Maya mountain, overlooking the Tianchi Lake, the snow peak of Bogda mountain in the south, and enjoy the scenery of alpine meadow, stone forest and so on. It is suitable for sightseeing all year round. Cableway business is one of the main sources of income of the company. The company has the franchise right of Maya mountain cableway in the scenic spot.
(3) Cruise sightseeing:
The company has built 110 electric boats for tourists to enjoy a quiet and comfortable environment in the scenic spot in 2018, which can effectively provide tourists with "electric pleasure boats" and "noise reduction" in accordance with the company's investment and operation strategy. The lake freezes in winter, and ice and snow projects are carried out on the ice, such as ice skating, ice dragon boat, electric dog sledge, electric snow motorcycle and other winter tourism projects. The company has the franchise right of the lake in the scenic spot. (4) Hot springs and hotels:
Wucaiwan ancient sea hot spring scenic spot is located in jimusar County, Changji Prefecture, Xinjiang. It is 200 kilometers away from Urumqi and 170 kilometers away from Tianshan Tianchi scenic spot. It is the only hot spring in the country that is located in the desert and formed by the self spraying of ancient sea sedimentation water. According to the identification and analysis of hot spring water by Xinjiang Institute of chemistry, Chinese Academy of Sciences, the water age of wucai Bay is about 770 million years, the water temperature of hot spring mouth can reach 75 degrees, and it has the characteristics of high permeability and self spraying. Wucaiwan hot spring has a quasi four-star ecological hotel and quadrangle guest rooms, with 21 characteristic large and small bubble pools. The company has developed Guhai hot spring water bathing and recuperation services, and extended accommodation, catering, conference reception and other business contents. In winter, tourists can also experience the double sky feeling of ice and fire with tens of degrees below zero and tens of degrees above zero in the hot spring, and obtain the effect of physical therapy at the same time. Wucaiwan ancient sea hot spring is an important node of the ring tower rally and the first stop of self driving tour into the Dabei line of Xinjiang.
(5) Travel Agency:
The company's travel agency business mainly includes Chinese tourism and international tourism. The Chinese tourism undertaken by the company is mainly guided by tour guides; The international tourism undertaken by the company is mainly through cooperation with other foreign travel agencies, and the foreign local travel agencies are responsible for arranging tourists' tourism. At present, the main services of Tianchi CITS include: connecting the tourism services of Tianchi scenic spot and Wucaiwan scenic spot, and designing a variety of scenic spot tour package products; The tourism business of attracting, organizing and receiving inbound tourists in other scenic spots in China, some of which are also realized through docking with other travel agencies; The tourism business of attracting, organizing and receiving Chinese tourists out of the country. 2. Industry description
The industry of the company is tourism.
Tourism is a strategic pillar industry of the national economy and a happy industry to meet people's aspirations for a better life. It plays an important role in inheriting and carrying forward Chinese culture, promoting the optimization of economic structure, promoting consumption, expanding domestic demand and enriching people's lives.
With the country vigorously promoting the supply side structural reform of tourism, prospering and developing mass tourism, innovating and promoting global tourism, promoting the high-quality development of tourism, and promoting the further integration of tourism into the national strategic system, tourism has become a strategic pillar industry of the national economy. Entering the "14th five year plan" period, China has fully entered the era of mass tourism. The development of tourism is still in an important period of strategic opportunities. The tourism industry is facing new requirements for high-quality development. The people's tourism consumption demand has changed from low-level to high-quality and diversified, from focusing on sightseeing to taking into account sightseeing and leisure vacation. Profound changes have taken place in mass tourism travel and consumption preferences, and Wuxi Online Offline Communication Information Technology Co.Ltd(300959) tourism products and services have accelerated the integration.
Since 2020, the sudden outbreak of covid-19 pneumonia has had a great impact on the world economy, reducing residents' income, declining tourism demand, drastic changes in consumption patterns, and a serious impact on the tourism industry. With the epidemic situation in China, the tourist flow in some areas has gradually recovered in an orderly manner, although the overall tourist flow in China has gradually recovered.
In the first half of 2021, with the rapid improvement of covid-19 vaccination rate and the normalization and accuracy of epidemic prevention and control, China's tourism industry ushered in a gradual recovery. Since the end of July, affected by overseas input, China's multi provincial epidemic situation has been repeated, the inter provincial tourism circuit breaker mechanism, the tightening of prevention and control policies, and the rapid decline of tourist reception, which has also added new challenges to the restart of the tourism industry. According to the statistics of the Ministry of culture and tourism of China, the total number of Chinese tourists in 2021 was 3.246 billion, an increase of 367 million over the same period of last year, an increase of 12.7%, returning to 54% in 2019 (before the epidemic); China's tourism revenue (total tourism consumption) was 2.92 trillion yuan, an increase of 0.69 trillion yuan or 31% over the same period last year, returning to 51% in 2019 (before the epidemic).
On December 22, 2021, the State Council issued the tourism development plan for the 14th five year plan, which proposed to "innovate and improve China's tourism under the condition of normalization of epidemic prevention and control, step by step and orderly promote inbound tourism and steadily develop outbound tourism under the premise of effective control of the international epidemic, strive to promote the deep integration of culture and tourism, strive to improve the modern tourism system and speed up the construction of a tourism power", At the same time, it puts forward the development goal of "vigorous development of China's tourism, orderly promotion of inbound and outbound tourism, obvious enhancement of the international influence and competitiveness of tourism, and significant progress in the construction of a tourism power" by 2025, and "basically building a world tourism power and contributing an important force to the construction of a cultural power" by 2035. The proposal of this plan reflects the country's commitment to the development of tourism and the construction of a tourism power Cultural power and other strategies.
The process of tourism recovery and development is closely related to the epidemic situation. The epidemic situation will still be the biggest uncertain factor affecting tourism recovery, but the upward process of recovery will not stop, the momentum of innovation and development will not weaken, and the supply of high-quality cultural products and tourism services will be further increased. Under the background of policy support and the improvement of the epidemic situation, the tourism industry is expected to obtain stronger recovery momentum. After the end of the epidemic in the future, the industry is expected to recover and show an accelerated growth trend.
3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in recent three years □ yes √ no
Unit: Yuan
By the end of 2021, by the end of 2020, by the end of 2019 compared with the end of last year
reduce
Total assets 7339001662573390258842 0.00% 52319586694
Net assets attributable to shareholders of listed companies 63663370 Shenyang Jinbei Automotive Company Limited(600609) 63554324 4.43% 41610283025
20212020 year-on-year increase or decrease 2019
Operating income 14944802 Shanghai Xuerong Biotechnology Co.Ltd(300511) 8707963 191.96% 24095646171
Net profit attributable to shareholders of listed companies 2695098241 - 4325656436 162.30% 7355041864
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses of 2635178337 -4684660443, 156.25% and 7295657679
Net cash flow from operating activities 6640381400 -2655639592 350.05% 11752645320
Basic earnings per share (yuan / share) 0.17 -0.33 151.52% 0.63
Diluted earnings per share (yuan / share) 0.17 -0.33 151.52% 0.63
Weighted average return on net assets: 4.33% - 10.97%, 15.30% and 18.57%
(2) Quarterly main accounting data
Unit: Yuan
First quarter second quarter
