JHT terminates the issuance of A-shares to specific targets for the year 2025

JHT announced the termination of the plan to issue A-shares to specific targets for the fiscal year 2025. After considering changes in the market environment and development plans, the company decided to withdraw the relevant application documents and has submitted an application to the Shanghai Stock Exchange

JHT released its performance for the first half of the year, with a net profit attributable to the parent company of 142 million yuan, an increase of 23.96%

According to the Zhitong Finance APP, JHT released its semi-annual report for 2025, showing an operating income of 483 million yuan, a year-on-year increase of 22.26%. The net profit attributable to shareholders of the listed company was 142 million yuan, a year-on-year increase of 23.96%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 138 million yuan, a year-on-year increase of 26.63%. The basic earnings per share were 1.2802 yuan

JHT: The transfer of state-owned equity has been completed and registered

JHT announced that the original shareholders, Provincial High-tech Investment and Provincial Investment Group, signed a "Free Transfer Agreement" on May 20, 2025, to transfer 16.2673 million shares free of charge to Provincial Investment Group, accounting for 14.70% of the total share capital. On August 6, 2025, the company received the transfer registration confirmation letter, and the equity transfer has been completed. Provincial Investment Group holds the corresponding shares, and Provincial High-tech Investment no longer holds shares in the company

Guohai Securities: Initiates coverage on JHT with a "Buy" rating, driven by scarce assets for long-term growth

Guohai Securities initiates coverage on JHT with a "Buy" rating. JHT relies on the 5A-level Buddhist mountain resource of Jiuhua Mountain to form a full-chain cultural tourism service system, with stable business growth. The gross profit margin of the cable car business is expected to remain above 85% from 2023 to 2024, with cable car revenue expected to reach 293 million yuan in 2024, accounting for 38.33% of the company's revenue. With the opening of the Chihuang High-speed Railway, the accessibility and attractiveness of Jiuhua Mountain will continue to enhance

A-share tourism and hotel stocks fluctuated and strengthened, with CBMT and Sunasia hitting the daily limit in the afternoon. Emei Mountain A had previously reached the limit, while XIYU TOURISM, JHT, LN Holdings, and SSAW Hotels & Resorts saw significant gains