峨眉山旅游股份有限公司 2024 年第一季度报告 证券代码：000888 证券简称：峨眉山Ａ 公告编号：2024-32 峨眉山旅游股份有限公司 2024 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第一季度报告是否经审计 □是 否 1 峨眉山旅游股份有限公司 2024 年第一季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | | | | （%） | | 营业收入（元） | 253,497,799.59 | 237,708,317.24 | 6.64% | | 归属于上市公司股东的净利 | ...

证券代码：000888 证券简称：峨眉山 A 公告编号：2024-31 峨眉山旅游股份有限公司 第五届监事会第一百一十九次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确 和完整，没有虚假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 峨眉山旅游股份有限公司（以下简称"公司"）第五届监事 会第一百一十九次会议于 2024 年 4 月 23 日在公司六楼会议室以 现场表决方式召开。会议通知于 2024 年 4 月 19 日以书面、短信 方式发出。会议由监事会主席邱胜主持，监事石红艳、江越出席 了会议，本次会议应到监事 3 人，实到监事 3 人。本次会议召开 符合《中华人民共和国公司法》和《公司章程》的有关规定。 二、监事会会议审议情况 会议审议通过《关于 2024 年第一季度报告的议案》。 表决结果：3 票同意，0 票反对，0 票弃权。 1 全文内容详见公司同日在巨潮资讯网披露的《2024 年第一 季度报告》（公告编号：2024-32）。 三、备查文件 1.《峨眉山旅游股份有限公司监事会关于对公司 2024 年第 一季度报告的审核意见》； 2.《峨眉山旅游股份有限公司第五届监事会第一百一十 ...

特别提示： 一、会议召开和出席情况 （一）会议召开情况 1．会议时间 现场会议时间为：2024年4月23日下午14:30； 网络投票时间为：2024年4月23日，其中： 证券代码：000888 证券简称：峨眉山A 公告编号：2024-29 峨眉山旅游股份有限公司 2023年年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 （1）通过深圳证券交易所交易系统投票时间 2024年4月23日9:15-9:25；9:30-11:30,13:00-15:00。 （2）通过深圳证券交易所互联网投票系统投票时间 2024年4月23日9:15-15:00任意时间。 2.现场会议召开地点：峨眉山市名山南路639号公司二楼小 会议室。 1 1．本次股东大会无否决议案的情形； 2．本次股东大会无涉及变更前次股东大会决议情况。 3.会议召开方式：现场会议与网络投票方式相结合的表决方 式。 4.股权登记日：2024年4月16日 5.会议召集人：公司董事会 2 6.会议主持人：董事长 许拉弟 7.本次股东大会的召集召开程序以及表决方式符合《中华人 民共和国公司法》《中华 ...

四川省成都市高新区天府大道北段 966 号天府国际金融中心南塔 25 层-26 层 邮编：610041 25-26/F, South Tower of Tianfu International Finance Center, 966 North Tianfu Avenue, High-tech Zone, Chengdu, Sichuan 610041, P. R. China 电话/Tel : +86 28 6208 8001 传真/Fax : +86 28 6208 8111 www.zhonglun.com 北京中伦（成都）律师事务所 关于峨眉山旅游股份有限公司 2023 年年度股东大会的 法律意见书 【2024】中伦成律（见）字第 014014-0022-042301 号 致：峨眉山旅游股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国 证券法》（以下简称"《证券法》"）、中国证券监督管理委员会《上市公司股东大 会规则》（以下简称"《股东大会规则》"）及《深圳证券交易所上市公司股东大会 网络投票实施细则》（以下简称"《网络投票实施细则》"）等法律、行政法规和规 范性 ...

证券代码：000888 证券简称：峨眉山A 公告编号：2024-28 峨眉山旅游股份有限公司关于与 中国石油天然气股份有限公司四川乐山销售分公司 签订合作框架协议的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1.本次双方签订的《合作框架协议》仅为双方基于开展友好 合作而签署的框架性合作协议，具体实施执行以双方另行签订的 具体合同为准，具体的实施尚存在不确定性，敬请广大投资者注 意投资风险； 2.本次签署的《合作框架协议》无需提交公司董事会、股东 大会审议，后续公司将依据相关法律法规的要求履行必要的审批 程序和信息披露义务； 3.本《合作框架协议》的签署不涉及具体金额，预计对公司 本年度的经营业绩不会产生重大影响，但会对公司未来发展会起 到一定的积极作用。 1 一、协议签署概况 为充分发挥合作双方旅游和能源保障的优势和资源，近日， 峨眉山旅游股份有限公司（以下简称"公司"）在乐山市与中国 石油天然气股份有限公司四川乐山销售分公司签订了为期三年 的《合作框架协议》。 本次签署的《合作框架协议》不涉及具体金额，根据《深圳 证券交易所股票上市规则 ...

证券代码：000888 证券简称：峨眉山 A 公告编号：2024-26 峨眉山旅游股份有限公司 股票交易异常波动公告 1、公司前期所披露的信息不存在需要更正、补充之处； 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 一、股票交易异常波动的情况介绍 峨眉山旅游股份有限公司（以下简称"公司"）股票交易价 格连续三个交易日内（2024 年 4 月 09 日、2024 年 4 月 10 日、 2024 年 4 月 11 日）收盘价格涨幅偏离值累计超过 20%，根据《深 圳证券交易所交易规则》的有关规定，属于股票异常波动的情况。 二、公司关注及核实情况说明 针对公司股票异常波动，公司对有关事项进行了核查，现将 相关事项说明如下： 4、公司、控股股东和实际控制人不存在关于公司的应披露 而未披露的重大事项，或处于筹划阶段的重大事项； 5、控股股东、实际控制人在股票交易异常波动期间不存在 买卖公司股票的情形。 三、是否存在应披露而未披露信息的说明 2、公司未发现近期公共传媒报道了可能或已经对公司股票 交易价格产生较大影响的未公开重大信息； 3、近期公司经营情况正常，公司 2 ...

峨眉山 A（000888.SZ） 买入 2023 年业绩处于预告区间中值附近，演艺计提减值拖累 Q4 利润。2023 年， 公司实现收入 10.44 亿元/+142.33%；归母/扣非净利润各 2.28/2.33 亿元， 同比均扭亏为盈，均处于业绩预告区间中值附近。与 2019 年相比，公司收 入恢复至 94%（客流强劲复苏但门票口径调整综合影响）；归母净利润恢复 至 100%，主要系 Q4 持股 40%的演艺公司计提减值 1.56 亿等影响，剔除减值 后估算恢复至 2019 年的 120%+。单 Q4 公司收入 2.22 亿元，较 2019 年恢复 95%；归母和扣非净利润各亏损 0.33/0.26 亿元（2019Q4 各盈利 0.40/0.42 亿元），主要系上述计提减值所致。公司拟每 10 股派现 2 元，分红率 46%。 2023 年进山客流较 2019 年增长 19%，旅游主业强劲复苏，但演艺亏损拖累。 2023 年，公司进山人数 474.97 万人次/+176.92%，较 2019 年增长约 19%， 推动公司主业良好复苏。各业务来看，与 2019 年相比，公司门票收入估算 按可比口径增长 20% ...

免责声明 [Table_ReportType] 公司点评 www.chinastock.com.cn 证券研究报告 请务必阅读正文最后的中国银河证券股份有限公司免责声明 请务必阅读正文最后的中国银河证券股份有限公司免责声明。 2 请务必阅读正文最后的中国银河证券股份有限公司免责声明。 3 [Table_AuthorsRxplain] 本人承诺以勤勉的执业态度，独立、客观地出具本报告，本报告清晰准确地反映本人的研究观点。本人薪酬的任何部分过去不 曾与、现在不与、未来也将不会与本报告的具体推荐或观点直接或间接相关。 评级标准 | --- | --- | --- | |-------|-------|-----------------------------------------------------| | | | | | | | | | | | | | | | 程 曦 0755-83471683 chengxi_yj@chinastock.com.cn | | | | 苏一耘 0755-83479312 suyiyun_yj@chinastock.com.cn | | | | 陆韵如 021-60387901 ...

本报告是基于信达证券认为可靠的已公开信息编制，但信达证券不保证所载信息的准确性和完整性。本报告所载的意见、评估及预 测仅为本报告最初出具日的观点和判断，本报告所指的证券或投资标的的价格、价值及投资收入可能会出现不同程度的波动，涉及 证券或投资标的的历史表现不应作为日后表现的保证。在不同时期，或因使用不同假设和标准，采用不同观点和分析方法，致使信 达证券发出与本报告所载意见、评估及预测不一致的研究报告，对此信达证券可不发出特别通知。 在任何情况下，本报告中的信息或所表述的意见并不构成对任何人的投资建议，也没有考虑到客户特殊的投资目标、财务状况或需 求。客户应考虑本报告中的任何意见或建议是否符合其特定状况，若有必要应寻求专家意见。本报告所载的资料、工具、意见及推 测仅供参考，并非作为或被视为出售或购买证券或其他投资标的的邀请或向人做出邀请。 在法律允许的情况下，信达证券或其关联机构可能会持有报告中涉及的公司所发行的证券并进行交易，并可能会为这些公司正在提 供或争取提供投资银行业务服务。 本报告版权仅为信达证券所有。未经信达证券书面同意，任何机构和个人不得以任何形式翻版、复制、发布、转发或引用本报告的 任何部分。若 ...

Financial Performance - Revenue in 2023 increased by 142.33% to 1,044,656,946.48 yuan compared to 2022[23] - Net profit attributable to shareholders in 2023 surged by 256.24% to 227,622,413.57 yuan from a loss of -145,691,740.46 yuan in 2022[23] - Operating cash flow in 2023 grew by 3,834.93% to 473,940,170.58 yuan compared to -12,689,402.56 yuan in 2022[23] - Total assets increased by 5.46% to 3,253,585,427.36 yuan at the end of 2023 compared to 3,085,131,413.25 yuan at the end of 2022[24] - Net assets attributable to shareholders rose by 10.06% to 2,490,331,860.28 yuan at the end of 2023 from 2,262,709,446.71 yuan at the end of 2022[24] - Basic earnings per share in 2023 improved to 0.4320 yuan from -0.2765 yuan in 2022, a 256.24% increase[24] - Weighted average return on equity in 2023 was 9.58%, up from -6.20% in 2022[24] - Q3 2023 revenue was the highest at 330,338,865.16 yuan, while Q4 saw a net loss of -33,581,932.45 yuan[28] - Government subsidies in 2023 decreased to 2,413,644.90 yuan from 5,220,786.48 yuan in 2022[30] - Non-recurring losses in 2023 totaled -5,498,300.78 yuan, compared to a gain of 7,900,906.01 yuan in 2022[30] - Total revenue reached 1,044.6569 million yuan, a year-on-year increase of 142.33%[44] - Net profit attributable to the parent company was 227.6224 million yuan, achieving a turnaround from loss to profit[44] - Revenue from mountain ticket business was 273.907 million yuan, a year-on-year increase of 206.11%[44] - Revenue from cable car business was 432.5544 million yuan, a year-on-year increase of 236.07%[44] - Revenue from hotel business was 187.1294 million yuan, a year-on-year increase of 96.31%[44] - Revenue from tea, digital tourism, and performance businesses was 151.0662 million yuan, a year-on-year increase of 28.48%[44] - The company's total assets were 3,253.5854 million yuan, with a debt-to-asset ratio of 26.13%[44] - Total revenue in 2023 reached 1,044,656,946.48 yuan, a year-on-year increase of 142.33% compared to 431,091,359.44 yuan in 2022[55] - Revenue from mountain entrance tickets increased by 206.11% to 273,906,959.45 yuan, accounting for 26.20% of total revenue[55] - Revenue from cable car operations surged by 236.07% to 432,554,354.96 yuan, making up 41.40% of total revenue[55] - Hotel and hospitality services revenue grew by 96.31% to 187,129,437.24 yuan, representing 17.90% of total revenue[55] - Tea industry revenue increased by 48.48% to 76,279,268.98 yuan, accounting for 7.30% of total revenue[55] - The company's gross margin for cable car operations reached 81.46%, a significant increase of 34.71 percentage points year-on-year[56] - Gross margin for mountain entrance tickets improved by 47.40 percentage points to 53.41%[56] - Hotel and hospitality services gross margin increased by 44.33 percentage points to 13.33%[56] - Revenue from mountain entrance tickets increased by 33.04% to 23,983,933.95 yuan, accounting for 18.79% of operating costs[58] - Revenue from cable car operations increased by 29.06% to 39,792,514.90 yuan, accounting for 49.63% of operating costs[58] - Revenue from hotel services increased by 23.49% to 52,481,239.12 yuan, accounting for 32.36% of operating costs[58] - Revenue from travel agency services increased by 54.58% to 3,407,265.49 yuan, accounting for 91.73% of operating costs[58] - Revenue from tea sales increased by 37.54% to 56,448,956.72 yuan, accounting for 100% of operating costs[58] - Revenue from performing arts decreased by 16.51% to 10,914,889.46 yuan, accounting for 20.45% of operating costs[58] - Revenue from other services increased by 11.95% to 41,608,109.97 yuan, accounting for 100% of operating costs[58] - Total sales from the top five customers amounted to 20,023,713.22 yuan, accounting for 1.91% of total annual sales[59] - Total procurement from the top five suppliers amounted to 27,185,907.79 yuan, accounting for 5.96% of total annual procurement[59] - Net cash flow from operating activities increased by 3,834.93% to 473,940,170.58 yuan, primarily due to revenue growth[64] - Cash and cash equivalents increased by 12.01% to 1.38 billion yuan, accounting for 42.43% of total assets, driven by the recovery of the tourism industry and increased operating cash flow[68] - Accounts receivable increased by 0.51% to 45.73 million yuan, mainly due to unsettled payments[68] - Long-term equity investments decreased by 0.28% to 8.78 million yuan, primarily due to investment losses in Yunnan Tianyou and Impression Media[68] - Fixed assets decreased by 3.94% to 1.44 billion yuan, mainly due to the completion of renovation projects at Hongzhushan Conference Center[68] - Construction in progress decreased by 2.51% to 15.85 million yuan, as some projects were transferred to fixed assets[68] - Intangible assets decreased by 5.48% to 236.97 million yuan, mainly due to impairment provisions for Yunshang Lvyou's assets[70] - Minority interests decreased by 3.40% to -86.77 million yuan, primarily due to losses at subsidiary Yunshang Lvyou[70] - The company's subsidiary, Yunshang Lvyou, has a loan balance of 494.44 million yuan from Industrial and Commercial Bank of China, with 1 million yuan reclassified as current liabilities[71] - The company raised 467.52 million yuan through a private placement in 2013, with 140.32 million yuan still unused and stored in a bank account[76] - The company's total raised funds amounted to 370.56 million yuan, with a year-end balance of 140.32 million yuan as of December 31, 2023[77] - The Emeishan Tourism Culture Center construction project has an investment progress of 1.64%, with a total investment of 79.3 million yuan[79] - The Emei Snow Bud Tea Production Comprehensive Investment project has an investment progress of 89.37%, with a total investment of 180 million yuan[79] - The Chengdu Emeishan International Hotel renovation project has an investment progress of 100.19%, with a total investment of 87.52 million yuan[79] - The "Only Emeishan" real performance construction project has an investment progress of 100%, with a total investment of 120.7 million yuan[79] - The Chengdu Emeishan International Hotel achieved a revenue of 28.54 million yuan, an increase of 12.79 million yuan compared to the previous year[79] - The tea production project achieved a revenue of 48.74 million yuan, an increase of 20.57 million yuan compared to the previous year[79] - The Chengdu Emeishan International Hotel achieved a net profit of 2.9953 million yuan, an increase of 8.6563 million yuan compared to the previous year[79] - The tea production project achieved a net profit of 3.1759 million yuan[79] - The "Only Emeishan" real performance project achieved revenue of 12.3955 million yuan in 2023, an increase of 7.1053 million yuan compared to the previous year[80] - The "Only Emeishan" real performance project recorded a net loss of 228.1348 million yuan in 2023, an increase in loss of 132.749 million yuan compared to the previous year, mainly due to an asset impairment provision of 156.0939 million yuan[80] - The company changed the use of 120.7 million yuan of raised funds from the Emeishan Tourism Cultural Center project to the "Only Emeishan" real performance project[80] - The land area for the "Only Emeishan" real performance project is 74,492 square meters[80] - The company previously used 92.25957286 million yuan of self-raised funds for the raised funds projects, which was later replaced by raised funds[80] - The company planned to acquire assets from Hongya Xueya Company for 55.4043 million yuan, but the acquisition was not completed as of December 31, 2023[80] - The "Only Emeishan" real performance construction project has a total investment of 120.7 million yuan, with a 100% investment progress as of the reporting period[83] - The "Only Emeishan" project achieved a negative profit of -22.813 million yuan during the reporting period[83] - The company changed the use of raised funds from the original Emeishan Tourism Cultural Center project to the "Only Emeishan" project due to market environment changes and increased risks[83] - The "Only Emeishan" project officially started operations in September 2019, but the number of viewers has not yet met expectations due to the incomplete recovery of the tourism performance market[84] - The company plans to enhance the cultural atmosphere and business layout of the "Under the Clouds" theater, introducing camping, e-sports, intangible cultural heritage, and night markets to boost ticket sales[84] - The company aims to introduce strategic investors to create a food town with Emeishan characteristics, extending visitor stay time and promoting consumption upgrades[84] - Hongya Emei Xueya Tea Co., Ltd., a subsidiary, achieved a net profit of 3.176 million yuan with total assets of 185.124 million yuan[87] - Dehong Prefecture Daxiang Tourism Development Co., Ltd., a subsidiary, reported a net loss of -4.206 million yuan with total assets of 24.659 million yuan[87] - Sichuan Emei Xueya Liquor Co., Ltd., a subsidiary, recorded a net loss of -4.274 million yuan with total assets of 64.218 million yuan[88] - Emeishan Yunshang Tourism Investment Co., Ltd., a subsidiary, reported a net loss of -228.135 million yuan with total assets of 362.053 million yuan[88] - The company collected and paid sightseeing bus ticket fees of RMB 318,274,313.70 on behalf of Emeishan Tourism Company, and received mountain entrance and cable car ticket fees of RMB 23,281,170.00 from Emeishan Tourism Company[199] - The company charges a fixed annual entrusted management fee of RMB 200,000 (tax included) from Chengdu Emeishan Hotel, with an additional 20% of the annual net profit exceeding RMB 2 million as a performance fee[200] - The company charges a fixed annual entrusted management fee of RMB 200,000 (tax included) from Emeishan Tourism Development Co., Ltd., with an additional 20% of the annual net profit exceeding RMB 6 million as a performance fee[200] - The company charges a fixed annual entrusted management fee of RMB 50,000 (tax included) from Emeishan Tule Travel Agency Co., Ltd., with an additional 20% of the annual net profit exceeding RMB 100,000 as a performance fee[200] Dividend and Profit Distribution - The company's profit distribution plan is to distribute a cash dividend of 2 yuan per 10 shares (tax included) based on 526,913,102 shares, with no bonus shares or capital reserve conversion[5] - 2023 annual cash dividend proposal: RMB 2 per 10 shares, totaling RMB 105,382,620.40[159][162] - Total distributable profit: RMB 1,447,415,109.68[160] - Cash dividend ratio: 100% of total profit distribution[160] - No cash dividend distribution in 2022 due to operational considerations and future development plans[158] - 2021 cash dividend distribution: RMB 0.6 per 10 shares, totaling RMB 31,614,786.12[158] Corporate Governance and Leadership - The company's registered address has changed three times since its listing, with the current address being No. 639, South Mingshan Road, Emeishan City, Leshan[17] - The company's controlling shareholder, Sichuan Emeishan Leshan Giant Buddha Tourism Group Co., Ltd., underwent a name change and equity structure adjustment in 2021, with the Leshan State-owned Assets Supervision and Administration Commission now holding 90% of the shares[21] - The company's annual report is disclosed on the Shenzhen Stock Exchange website and the media platform "cninfo.com.cn"[19] - The company's audit is conducted by ShineWing Certified Public Accountants (Special General Partnership), with the audit report signed by He Jun and Huang Wang[22] - The company strictly adheres to corporate governance regulations, ensuring compliance with laws and regulations, and maintains a clear separation of powers among shareholders, the board of directors, and management[103][104][105] - The company has established a fair and transparent performance evaluation and incentive mechanism for directors, supervisors, and senior management[106] - The company emphasizes investor relations management, communicating with investors through various channels such as phone calls, research visits, and investor interaction platforms[107] - The company has implemented an insider information management system, ensuring compliance with regulatory requirements and timely reminders to insiders to fulfill their responsibilities[107] - The company's actual governance status does not significantly differ from the legal, administrative regulations, and China Securities Regulatory Commission's requirements for listed companies[108] - The company maintains complete independence in business, assets, personnel, institutions, and finance from its controlling shareholder, ensuring no interference in operations[109][110] - The company has an independent business system, including supply and sales, and does not rely on the controlling shareholder for shared sales channels or trademarks[109] - The company's assets, including land use rights, properties, machinery, trademarks, and proprietary technologies, are independently owned and controlled, with no shared ownership with the controlling shareholder[110] - The company has established a governance structure with clear divisions of responsibilities and checks and balances, ensuring no interference from the controlling shareholder in organizational setup and operations[110] - The company has an independent financial accounting system, separate bank accounts, and complies with regulatory requirements for internal controls[110] - The company addressed同业竞争 issues through委托经营管理 contracts with related entities, aiming to achieve profitability targets and potential future acquisitions[111] - The company held multiple股东大会 in 2023, with varying investor participation rates, including a临时股东大会 with 8.10% participation and an年度股东大会 with 40.38% participation[112] - The company's董事,监事, and高级管理人员 are appointed in accordance with legal and regulatory requirements, with no兼职 in shareholder units[113] - The company's total shares amount to 2,000, with no changes reported during the period[115] - Du Hui and Liu Zhaohui resigned as Vice Presidents due to reaching the legal retirement age[116] - Zhang Huaxian resigned as Board Secretary for personal reasons[116] - Fan Lili was elected as the new Chairman of the Trade Union[116] - Xu Ladi was appointed as the new Party Secretary and Chairman of the Board[116] - Wang Dong resigned as Party Secretary and Chairman of the Board due to organizational arrangements and work needs[116] - The company's leadership changes include the election of new positions and retirements of key personnel[116] - Xu Ladi has extensive experience in government and corporate roles, currently leading the company as Chairman[117] - Ma Ling serves as the Deputy Party Secretary, Director, and General Manager, overseeing the company's operational management[118] - The company's independent directors include Zhong Chaohong, Mao Jie, and Chen Jinlong, each with extensive academic and professional backgrounds in finance, law, and tourism management[119][120][121] - The company's senior management team includes Chen Bin, Chen Xuejiao, Tan Li, Gou Yongjun, Gao Ping, Fan Lili, Ni Jianhua, and He Qun, each with significant experience in various sectors such as finance, tourism, marketing, and operations[125][127][128][129][130][131][132][134] - The company's board of directors is responsible for overseeing key committees such as the Audit Committee, Nomination Committee, and Compensation and Assessment Committee[119][120][121] - The company's supervisory board, led by Qiu Sheng, oversees the company's compliance and major projects[122] - The company's management team is focused on areas such as financial management, legal affairs, engineering construction, human resources, big data, smart tourism, marketing, and environmental protection[127][128][129][130][134] - The company has a strong focus on tourism-related businesses, including hotel management, tourism planning, and marketing[121][128][134] - The company's management team includes individuals with experience in government and public sector roles, which may contribute to strategic decision-making and policy compliance[125][127][128][129] - The company's leadership team is involved in various subsidiaries and affiliated companies, such as Sichuan Chuantou Emei Tourism Development Co., Ltd. and Emei Snow Bud Tea Industry Group[127][134] - The company's management structure includes a focus on corporate governance, with roles such as the Chairman of the Supervisory Board and the Chairman of the Board of Directors[122][125] - The company's leadership team is responsible for overseeing key operational areas such as safety, environmental protection, ticket management, and supply chain operations[130][132] - The company's financial