On April 29, Xiangyuan Culture & Tourism released its first-quarter report, showing revenue of 242 million yuan, a year-on-year increase of 10.76%, while net profit decreased by 37.35% year-on-year. The decline in profit was primarily attributable to cable car renovations, increased expenses, and a reduction in subsidies. However, operating cash flow surged by 206.53% year-on-year, indicating a significant improvement in the company's cash flow position.

Editor Ⅰ: Zhang Congxiao

Editor Ⅱ: Bao Gang

Editor Ⅲ: Liu Guosong