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Yunnan Tourism Wins Partial Arbitration Award
Yunnan Tourism Co., Ltd. has been ordered to make corrections due to issues including inaccurate accounting practices.
Blue Whale News, April 29th, by reporter [Name]. Recently, the Yunnan Securities Regulatory Bureau issued an administrative regulatory decision, targeting Yunnan Tourism Co., Ltd. The decision document revealed that Yunnan Tourism Co., Ltd. has the following issues: First, inaccurate accounting practices: (1) Inaccurate calculation of fulfillment progress for certain projects, failure to accurately identify distinct performance obligations in some contracts, and insufficient basis for revenue recognition in certain engineering design projects; (2) Existence of cross-period revenue and cost accounting; (3) Non-compliance in the accounting treatment of investment properties. Second, inadequate internal controls: (1) Improper management of certain financial documents; (2) Untimely revision of certain systems.
Yunnan Tourism: First Quarter Report for 2026
Yunnan Tourism (002059.SZ): Net loss of 33.47 million yuan in the first quarter
Gelonghui, April 24th: Yunnan Tourism (002059.SZ) released its Q1 2026 report. During the reporting period, it achieved operating revenue of RMB 58.9996 million, representing a year-on-year increase of 24.41%; net profit attributable to shareholders of the listed company was -RMB 33.4686 million, and net profit attributable to shareholders of the listed company excluding non-recurring gains and losses was -RMB 33.5753 million, with basic earnings per share at -RMB 0.0331.
Yunnan Tourism: 2025 Annual Report
Yunnan Tourism: Summary of the 2025 Annual Report