Gate News message, April 20 — Shaanxi Tourism Culture and Industry Co., Ltd. (603402.SH) issued a clarification statement regarding online reports claiming that the company’s top ten shareholders included individuals holding only 500 shares, with a market value below 70,000 yuan (approximately $9,650). The company explained that as of the end of 2025, it had not yet been listed on the Shanghai Stock Exchange and had no tradable shares; therefore, the annual report’s top ten shareholders list was filed in the order of the shareholder registry, without filling in details of top ten tradable shareholders.
Shaanxi Tourism completed its initial public offering on December 26, 2025, issuing 19,333,334 shares at a fixed price. According to the shareholder registry provided by China Securities Depository and Clearing Corporation Limited Shanghai Branch on the same day, the company had 38,581 shareholder accounts. Of these, 38,144 accounts that subscribed for 500 shares each are now ranked as co-8th largest shareholders. The issued shares began trading on January 6, 2026.
Financial results for 2025 show Shaanxi Tourism generated operating revenue of approximately 1.03 billion yuan, down 18.45% year-over-year, with net profit attributable to parent company of 384 million yuan, down 24.91% year-over-year. Non-GAAP net profit was approximately 383 million yuan, down 23.79% year-over-year.
By business segment, tourism performance revenue reached 602 million yuan (down 18.46%), tourism cable car revenue 341 million yuan (down 20.3%), road transportation revenue 37.29 million yuan (down 18.08%), and tourism participation revenue 41.71 million yuan (down 1.06%). The company’s tourism performance business includes the theatrical production “The Long Hatred Song” and large-scale red-themed live performances.
As of the close of trading on April 20, Shaanxi Tourism shares closed at 136.88 yuan per share, down 0.01% from the previous trading day.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto-Linked U.S. Stocks Rise in Pre-Market Trading, MSTR Leads with 5.93% Gain
Gate News message, April 22 — U.S. stock market crypto-linked equities rose broadly in pre-market trading, with MSTR gaining 5.93%, ABTC up 5.65%, SBET rising 4.89%, CRCL advancing 4.14%, MARA climbing 4.10%, COIN gaining 3.89%, and HOOD up 3.41%, according to data from msx.com.
msx.com is a
GateNews8m ago
Fuyao Glass Founder Cao Dewang Vows Not to Accept Unprofitable Business Amid U.S. Tariff Risks
Gate News message, April 22 — At Fuyao Glass' annual shareholder meeting yesterday (April 21), founder Cao Dewang, now honorary chairman after stepping down from the board in October 2025, addressed concerns over U.S. tariffs and geopolitical risks. "If tariffs make the business unprofitable, I
GateNews57m ago
JPMorgan Chase Raises S&P 500 Year-End Target to 7,600, Citing AI Investment Surge and Easing Geopolitical Risks
Summary: JPMorgan lifts 2026 S&P 500 to 7,600, 2027 to 385 EPS, driven by AI enthusiasm and easing Middle East tensions; forward P/E stays 22x, potential to 23x and ~8,000 if tensions fall; warns of short-term consolidation amid oil and geopolitical risks.
Abstract: JPMorgan’s strategy team, led by Dubravko Lakos-Bujas, raised the year-end S&P 500 forecast to 7,600 from 7,200, citing renewed AI enthusiasm and easing Middle East tensions. 2026 EPS is boosted to $330 and 2027 to $385, with the forward multiple held at 22x; a quicker geopolitical resolution could lift the multiple to 23x and push 2026 toward 8,000. The AI theme gained momentum after Anthropic unveiled Mythos, with about two-thirds of AI-related S&P 500 stocks outperforming. Risks include higher oil prices and lingering geopolitical tensions, suggesting a potential short-term consolidation before further gains.
GateNews1h ago
Capital Group's EUPAC Fund Increases Metaplanet Holdings to 3.85M Shares
Summary: Capital Group's American Funds EUPAC Fund raised its Metaplanet (3350.T) stake by 2.79 million shares to 3.85 million, about $8.8 million, with BitcoinTreasuries.NET monitoring the move.
Abstract: Capital Group's American Funds EUPAC Fund boosted its Metaplanet stake, adding 2.79 million shares to 3.85 million (~$8.8 million), a move tracked by BitcoinTreasuries.NET.
GateNews1h ago
Saudi IT Company Dar Albalad Launches First GCC IPO Since Iran War Began
Gate News message, April 22 — Dar Albalad for Business Solutions Company, a Saudi IT services provider, is pursuing the first initial public offering in the Gulf Cooperation Council (GCC) region since the start of the Iran war. The company will float 21 million shares, representing 30 percent of
GateNews1h ago
H.C. Wainwright Initiates Buy Rating on Strive with $36 Price Target
Gate News message, April 22 — Investment bank H.C. Wainwright has initiated a buy rating on Strive (ASST), a Bitcoin Treasury Company, with a price target of $36 per share.
GateNews2h ago
