CITIC SEC has released a research report stating that CHINA TRAVEL HK (00308) has proposed a distribution plan aimed at divesting its consistently loss-making tourism real estate business to focus on core profitable operations. The report analyzes that this plan will enhance the company's performance, increase profitability, and reduce debt levels. Additionally, it notes that the streamlined operational model and more focused development strategy will allow for optimized resource allocation, facilitating the growth potential of its tourism site business. CITIC SEC believes that this event is of significant importance for the long-term development of the listed company, forecasting a notable improvement in financial statements starting in 2026, and advises investors to closely watch the company's investment value.