Sante Ropeway disclosed its interim report on August 31, 2020，The company achieved total operating income of 9739 188bet app download half of 2020.60,000，65 year-on-year decrease.6%；Realized net profit attributable to parent company -1.100 million，The same period last year was -37.2 million yuan，Expansion of losses。During the reporting period，The company’s gross profit margin is -7.6%，Decreased by 60% year-on-year.8 percentage points，Net interest rate is -121.8%，109 year-on-year decrease.9 percentage points。

The main reasons for the sharp decline in both revenue and profit in the first half of the year are: (1) Affected by the pneumonia epidemic caused by the new coronavirus，The company will fully suspend its scenic spots in 9 provinces starting from January 22nd、Ropeway、More than 20 cultural 188bet app download project management activities including hotels，Includes 10 scenic spots、15 ropeways、6 hotels and 2 hot springs。Since February 22nd，Projects in various provinces resume operations one after another。(2) Affected by epidemic prevention and control policies，The number of visitors is limited。On April 15, the Ministry of Culture and 188bet app download and the National Health Commission jointly issued the "Notice on Preventing and Controlling the Epidemic and Safely and Orderly Opening of Tourist Attractions"，It is required that the number of tourists received by tourist attractions shall not exceed 30% of the approved maximum carrying capacity，In addition, it will take time for people’s willingness to travel to gradually recover，The number of tourists received by the company’s scenic spots has dropped significantly compared with the same period last year。 (3) Although the company’s costs and expenses have decreased，But the decline is not as severe as the revenue decrease。Due to ropeway、The particularity of scenic area operation business， Operating costs are mainly composed of resource compensation fees、Depreciation of fixed assets、Fixed cost components such as labor wages，Although the company takes various measures to reduce expenses，However, the above costs and fees will not decrease in the same proportion as the number of tourists received，Therefore，Profit fell sharply in the first half of 2020。