Changbai Mountain Tourism Co Ltd

Changbai Mountain Tourism Company released its 2026 semi-annual report, achieving a net profit attributable to shareholders of about 1.27 million yuan in the first half, turning from a loss to a profit year-on-year. The company's operating revenue was about 277 million yuan, up 17.74% year-on-year, mainly due to an increase in visitor numbers at the scenic area, with cumulative visitor arrivals reaching 1.24 million, up 19.14% year-on-year. By business segment, travel agency revenue was about 8.1 million yuan, up 50.82% year-on-year; tourism transport revenue was about 169 million yuan, up 7.41% year-on-year; and hotel revenue was about 72.21 million yuan, up 27.32% year-on-year. As of the A-share close that day, Changbai Mountain traded at 38.49 yuan per share, down 3.12%.

Changbai Mountain released its 2026 interim report, posting a net profit attributable to the parent of 1.27 million yuan in the first half, swinging to a profit from a loss a year earlier. Operating revenue was 277 million yuan, up 17.7 percent year on year. Net profit attributable to the parent after deducting non-recurring items was 470,000 yuan, compared with a loss of 2.23 million yuan in the same period last year. Net operating cash flow was 30.4 million yuan, up 272.1 percent year on year. In the second quarter, the company recorded a net loss attributable to the parent of 6.83 million yuan, widening from a loss of 6.45 million yuan a year earlier. As of the end of the second quarter, total assets stood at 1.81 billion yuan, down 1.8 percent from the end of the previous year.

Changbai Mountain released its 2026 half-year performance flash report, achieving operating revenue of 277 million yuan, up 17.74 percent year-on-year, and net profit attributable to shareholders of the listed company of 1.27 million yuan, turning from a loss to a profit compared with the same period last year. Boosted by the sustained popularity of ice and snow tourism and the opening of major transport infrastructure such as the Shenyang-Baihe High-Speed Railway and the G331 national highway, visitor numbers at the scenic area rose significantly year-on-year. Through increased marketing efforts and deeper internal operational management optimization, the growth in visitor flow drove revenue increases across business segments and supporting services, steadily lifting overall performance.

Changbai Mountain announced that it expects net profit attributable to the parent company for the first half of 2026 to be between 1.05 million yuan and 1.45 million yuan, turning from a loss of 2.05 million yuan in the same period last year into a profit, representing a year-on-year increase of 151.19% to 170.69%. It expects net profit attributable to the parent company after deducting non-recurring items to be between 370,000 yuan and 540,000 yuan, a year-on-year increase of 116.62% to 124.26%. The company said that through market promotion and operational management optimization, visitor numbers at the scenic area rose year-on-year, driving growth in secondary consumption and supporting service revenue, which increased operating income for the period compared with the previous year. In the first quarter of 2026, Changbai Mountain achieved revenue of 156 million yuan and net profit attributable to the parent company of 8.1 million yuan.