Recently，Jingshang Travel (830944), a company listed on the New Third Board, disclosed the 2018 semi-annual report，During the reporting period，The company achieved operating income 3.5.9 billion yuan，14 year-on-year decrease.35%；Net profit attributable to shareholders of the listed company is 577.200,000 yuan，Year-on-year decrease of 2.48%。

Reasons for the company’s sharp decline in revenue in the first half of the year，Jingshang Travel explained，There are two main reasons，First、To reduce operating risks, the company suspends charter flights and ships business；Second、Nanjing Branch of a non-profit enterprise、Jiangyin Branch、188bet Online Sports Betting and Casino Wuxi Branch suspended operations。

The main reasons for the change in net profit in the first half of the year are: No. 1、In order to reserve talents for scenic spots，Strengthen the construction of marketing channels，The company vigorously introduces scenic spot management、Hotel Management、Mid-to-high-end talents such as marketing，Resulting in an increase in labor costs；Second、In order to expand market influence，Established brand and market center，Resulting in an increase in expenses compared with the same period last year。

Currently，The company’s main business mainly includes travel agency business、Hotel business、Scenic area development business and tourist passenger transportation business。It owns Changzhou Chunqiu International Travel Service Co., Ltd.、Jiangsu Jingshang International Travel Agency Co., Ltd.、Changzhou Tourism Development Co., Ltd.、Jiangsu Jingshang Tourism Management Co., Ltd.、Jingshang Travel Network、Rafting in Liangyuan Gorge in Western Zhejiang、More than 20 branches including Changzhou Dinosaur Theme Resort Hotel。

During the reporting period，The company completed the investment to establish the new Jiangsu Baoshengyuan Tourism Development Co., Ltd.、Through industrial integration，Actively deploy upstream product wholesale and micro vacation destinations。Report Display，Because the time is not yet ripe，No industrial M&A fund has been established yet，The plan is still under discussion。

In terms of creating tourism projects，The company’s Liangyuan Gorge rafting project is located in Lin’an, Zhejiang，The reconstruction and upgrading of the scenic river course has been completed during the reporting period。

In addition，Using special sports as a carrier，Building a comprehensive large-scale micro-resort。The company’s ski resort project in Anji, Zhejiang has completed various planning and designs，Alpine skiing is planned for this project、Grass skiing、Ropeway operation、Talk Road Sightseeing、Cliff hotel and other forms of tourism projects，Affected by construction conditions，Although the project progress has been delayed，But large-scale 188bet sports betting app download construction has already begun，Estimated ski resort opening in the second half of 2018。