Because of the impact of the epidemic，Anhui, which is rich in 188bet app resources, has been greatly affected，The number of tourists has decreased significantly，The performance of 188bet app companies has also shrunk significantly。

First half of the year，Huangshan 188bet app Company (600054SH), which is engaged in 188bet app business in Huangshan Scenic Area in Anhui Province, and Jiuhua 188bet app Company (603199SH), which is engaged in 188bet app business in Jiuhua Mountain Scenic Area, both had a loss，Operation difficulties，Net operating cash flows are all negative。

However，A staff member of a travel agency in Anhui told a reporter from China Times: “The 188bet app industry situation across the country was not very good in the first half of the year，But it has started to recover since May Day，There is almost no overseas travel now，Demands are released to the country，Expected to rebound in the second half of the year，However, it may take until 2021 to return to last year’s level。”

Loss not seen for many years

The scenic area business of Huangshan 188bet app mainly includes Huangshan Scenic Area、Huashan Mysterious Cave Scenic Area and Taiping Lake Scenic Area。Huangshan Scenic Area is a national 5A-level scenic spot，Yiqisong、Strange rocks、Cloud Sea、Hot Springs、The "Five Wonders" of winter snow are world-famous；Taiping Lake Scenic Area is a national 4A tourist attraction,It is also one of the first batch of national water conservancy scenic spots，Outstanding resource endowment；Huashan Mysterious Cave Scenic Area is a national 4A-level scenic spot，Located in the center of Huangshan，It is based on Xin'anjiang River，Have green water、青山、Pastoral scenery、Millennium Mystery Cave、Strange peaks and rocks、A comprehensive scenic spot with natural landscapes and cultural landscapes such as cliff carvings。

Because of abundant resources，Huangshan Tourism Company has always had good performance，2017-2019，The operating income achieved by Huangshan Tourism Company is 17.8.4 billion 188bet app、16.2.1 billion 188bet app、16.0.7 billion 188bet app，Net profit is 4.1.4 billion 188bet app、5.8.3 billion 188bet app、3.400 million 188bet app，Overall performance is relatively stable。

But entering 2020，The performance of Huangshan Tourism Company has begun to decline。Huangshan Tourism Company only achieved operating income of 200 million 188bet app in the first half of the year，Compared with the same period last year (7.2.8 billion 188bet app) decreased by 5.2.8 billion 188bet app，Net profit loss 8842.420,000 188bet app。For Huangshan Tourism Company，The loss has not occurred for a long time。

According to Huangshan 188bet app statistics，Huangshan Scenic Area received a total of 51 tourists in the first half of the year.60,000 people，162 compared with the same period last year.40,000 people decreased by 110.80,000 people，Decrease 68.2%;Ropeways and cable cars transported a total of 99 tourists.950,000 people，Decreased by 69 year-on-year.41%。

Look at Jiuhua Travel Company again，It operates 188bet app business in Jiuhua Mountain, Anhui，Jiuhua Mountain Scenic Area is located in Chizhou City, Anhui Province，It is a beautiful natural landscape、A mountainous scenic spot featuring profound Buddhist culture and long history and culture，is one of the first batch of national scenic spots、The first batch of national 5A tourist attractions。

Jiuhua Tourism Company operates hotels in Jiuhua Mountain Scenic Area、Functional Car、Passenger transportation and other services，But it does not involve ticket operation。Always，The performance of Jiuhua Tourism is very stable，2012-2019，Jiuhua tourism operating income is 3.8.6 billion 188bet app、3.8.6 billion 188bet app、4.1.1 billion 188bet app、4.0.1 billion 188bet app、4.0.1 billion 188bet app、4.4.6 billion 188bet app、4.8.5 billion 188bet app、5.3.7 billion 188bet app，Net profit is 6210 respectively.940,000 188bet app、6284.270,000 188bet app、6598.680,000 188bet app、7068.820,000 188bet app、7404.430,000 188bet app、8288.80,000 188bet app、9208.610,000 188bet app、1.1.7 billion 188bet app。

However, Jiuhua Tourism Company has also been affected by the epidemic，Only operating income of 7692 was achieved in the first half of the year.680,000 188bet app，Not yet the same period last year (2.A fraction of 900 million 188bet app)，Net profit is -3145.40,000 188bet app，The phenomenon of losses has not appeared for a long time。

The above-mentioned staff member of a travel agency in Anhui said: "Huangshan (scenic area) and Jiuhua Mountain (scenic area) have always had stable tourists，Especially Huangshan，The number of tourists has increased significantly in recent years，But it was indeed affected in the first half of the year，Although Huangshan has been open to the public for free for a while，Attracted many people，But few cross provinces，Local and many。”

Sudden decrease in monetary funds

Except for the decline in performance，The financial status of Huangshan Tourism Company and Jiuhua Tourism Company has also been hit by the epidemic。The net cash flow generated by Huangshan tourism operating activities in the first half of the year was -1.5.9 billion 188bet app，The same period last year was 1.2.8 billion 188bet app。Look carefully，Mainly selling goods、Cash received from providing services dropped sharply，The item reported in the first half of this year is 2.0.9 billion 188bet app，Compared with the same period last year (7.3.5 billion 188bet app) decreased by 5.2.6 billion 188bet app。The overall cash inflow from operating activities is 2.5.9 billion 188bet app，Compared with the same period last year (9.100 million 188bet app) decreased by 6.5.1 billion 188bet app，Equivalent to 28 in the same period last year.46%。As of the end of June，The monetary capital of Huangshan Tourism Company is 7.900 million 188bet app，Compared with the end of 2019 (18.0.1 billion 188bet app) is nearly 1 billion 188bet app less。

Jiuhua Travel Company also encountered the same situation，The net cash flow generated by Jiuhua tourism operating activities in the first half of the year was -7838.180,000 188bet app，The same period last year was 9545.710,000 188bet app，Products for sale、The cash received for providing labor services is only 7285.330,000 188bet app，Compared with the same period last year (2.8.9 billion 188bet app) decreased by 2.1.6 billion 188bet app，Equivalent to a quarter of the same period last year。As of the end of June，Jiuhua Tourism Company’s monetary funds are only 6563.560,000 188bet app，Compared to the end of 2019 (1.7.1 billion 188bet app) decreased by nearly 1.100 million 188bet app。

The decrease in monetary funds is partly due to the decrease in tourists、Due to the decrease in cash received，On the other hand, they used part of their cash to purchase financial products。

July 28，Huangshan Tourism issued the "Announcement on the Use of Idle Raised Funds to Purchase Financial Management Products"，Ready to buy 2.800 million 188bet app in financial products，In the past 12 months，Huangshan Tourism has purchased 6 financial products，Cost 6.5.5 billion 188bet app，3 of them.7.5 billion 188bet app has been redeemed。Huangshan Tourism also often uses its own funds to purchase financial services，2017 and 2018，He has purchased 31 financial products，Spend 2.3 billion 188bet app，3119 in total.Income of 70,000 188bet app。

According to the latest announcement on financial management issued by Jiuhua Tourism on July 18，In the past 12 months，Jiuhua Travel has purchased 14 financial products，Total spent 11.500 million 188bet app，Profit 1506.620,000 188bet app，8 of them recovered.100 million 188bet app，3 more.400 million 188bet app has not yet been recovered。

Therefore，Their investment income in the first half of the year is still considerable，The reporter saw it from its 2020 semi-annual report，Huangshan Tourism Company’s investment income in the first half of the year was 1187.630,000 188bet app，Jiuhua Tourism Company’s investment income in the first half of the year was 468.60,000 188bet app，Nearly 2 million 188bet app more than the same period last year。

*Source of this article: China Times，Author: Li Future，Original title:《Anhui 188bet app companies suffered heavy losses in the first half of the year，Many years of stable business situation has been broken》.