Zhitong Finance App News, Xiangyuan Cultural Tourism (600576.SH) released its 2023 annual report. The company's revenue was 722 million yuan, up 55.81% year on year; net profit attributable to shareholders of listed companies was 151 million yuan, up 670.72% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 138 million yuan, turning a loss into a profit; basic earnings per share of 0.14 yuan/share.

During the reporting period, the company acquired 80% of the shares of Ya'an Oriental Bifengxia Tourism Co., Ltd. and replaced 100% of the shares of Xiamen Xiangtong Information Technology Co., Ltd. held by the company's wholly-owned subsidiary Xiamen Xiangtong Animation Co., Ltd. with 100% shares of Huangshan Xiangyuan Qiyunshan Hotel Management Co., Ltd., 100% shares of Huangshan Xiangyuan Yungu Hotel Management Co., Ltd., 100% shares of Xiangyuan Tea Industry Co., Ltd., and 100% shares of Hangzhou Xiangkunyuan Hotel Management Co., Ltd. and continued to consolidate the company's cultural tourism business. With tourism assets and digital cultural asset investment and operation business as the core, the company takes “cultural tourism and technology to help a better life” as its corporate mission to create a characteristic cultural tourism industry model of “cultural IP+tourism+technology”, and is committed to becoming the world's leading cultural tourism asset operator.