Today, the trading volume of the two cities was 526.5 billion. Several indexes fluctuated slightly, but the median was +0.99%. Therefore, it was a good trading day for retail investors. The index did not rise but the accounts recovered significantly.

The best performer is the solid-state battery sector, or rather, the solid-state battery concept, because there is no listed company that can mass-produce all-solid-state batteries, and even semi-solid-state batteries are rare. This round of solid-state battery concepts was hyped up because a company called Penghui Energy held a press conference and announced some technological breakthroughs in solid-state batteries. It is not mass-produced, and the company also said that it will not be mass-produced within a year.

Last night, someone in the commentary booth asked me why Qujiang Cultural Tourism, which runs the Tang Dynasty City That Never Sleeps in Xi'an, lost nearly 200 million in the first half of the year. My first instinct was that there was a problem with cost control. After the market closed, I verified it and found that the situation was more complicated.

First of all, although the Tang Dynasty City that Never Sleeps is a popular tourist attraction, it does not charge admission and has a large flow of traffic, but the per capita consumption is low. Qujiang Cultural Tourism is a light-asset agency operation, earning revenue sharing. In the end, the listed company only received a very thin profit, earning more than 200,000 in the first half of the year.

Secondly, Qujiang Tourism has a large amount of accounts receivable from local institutions and organizations, and in the first half of the year, it made a provision for bad debts of nearly 200 million yuan, which was the main source of losses in the first half of the year. The parties involved in the bad debts are the Xi'an Qujiang New District Business Asset Management Center, the Xi'an Qujiang Daming Palace Ruins Area Protection and Reconstruction Office, and the Xi'an Qujiang Cultural Industry Development Center, with a total bad debt of more than 500 million yuan.