股票代码：600258 股票简称：首旅酒店 编号：临 2025-035 北京首旅酒店（集团）股份有限公司 第九届董事会第十一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 北京首旅酒店（集团）股份有限公司（以下简称"公司"或"首旅酒店"） 第九届董事会第十一次会议于 2025 年 8 月 27 日（星期三）上午 9：30 以通讯方 式召开。本次会议的通知已于 8 月 17 日以邮件方式送达公司各位董事、监事和 公司高管人员。本次会议应到董事 11 名，11 名董事亲自出席会议。符合《公司 法》和《公司章程》的有关规定。会议提出并经过表决通过以下议案： 一、以赞成 11 票，占全体董事表决票数的 100%；回避 0 票；反对 0 票；弃 权 0 票的表决结果通过了《公司 2025 年半年度报告全文及摘要》。 《公司 2025 年半年度报告》已经 2025 年 8 月 20 日下午 16 时召开的董事会 审计委员会会议事前审核通过，同意提交公司董事会审议。 公司 2025 年半年度报告全文刊登在上交所网站 http ...

Core Insights - The company Shoulv Hotel reported a decrease in the number of shareholders to 43,248 as of June 30, 2025, down by 4,279 or 9.0% from March 31, 2025 [1][2] - The average number of shares held per shareholder increased from 23,500 to 25,800, with an average market value of 364,800 yuan [1][2] - The stock price of Shoulv Hotel increased by 8.99% during the period from March 31, 2025, to June 30, 2025, despite the reduction in the number of shareholders [1][2] Shareholder Statistics - As of June 30, 2025, the average number of shareholders in the hotel and catering industry was 42,900, indicating that Shoulv Hotel's shareholder count is above the industry average [1] - The average market value of shares held by shareholders in the hotel and catering industry was 159,800 yuan, which is significantly lower than that of Shoulv Hotel [1] - The net outflow of main funds from Shoulv Hotel was 321 million yuan, while retail investors saw a net inflow of 582 million yuan during the same period [2]

Investment Rating - The report maintains a "Buy" investment rating for the company, indicating an expected stock performance that will exceed the market index by more than 15% over the next six months [9]. Core Insights - The company's profit growth is driven by franchise expansion, with a net profit of 397 million yuan in the first half of 2025, representing an 11.08% year-on-year increase, despite a 1.93% decline in revenue to 3.661 billion yuan [6]. - The company opened 664 new stores in the first half of 2025, a 17.1% increase year-on-year, with a significant rise in standard management hotel openings, which increased by 39.5% [6]. - The company’s gross margin improved to 40.4% in Q2 2025, up 2.6 percentage points from the same period in 2024, benefiting from a higher proportion of standard management hotels [6]. - The company is optimizing its structure, with the proportion of mid-to-high-end hotels increasing to 29.3% and their revenue contribution rising to 60.47% [6]. Financial Summary - For 2025, the company is projected to achieve total revenue of 7.901 billion yuan and a net profit of 929 million yuan, with earnings per share expected to be 0.82 yuan [8]. - The company’s price-to-earnings ratio (PE) is projected to be 18.50 for 2025 and 16.57 for 2026, indicating a favorable valuation relative to earnings growth [8].

Market Overview - The hotel and catering sector increased by 0.31% on August 29, with Xi'an Catering leading the gains [1] - The Shanghai Composite Index closed at 3857.93, up 0.37%, while the Shenzhen Component Index closed at 12696.15, up 0.99% [1] Stock Performance - Xi'an Catering (000721) closed at 10.43, up 3.88% with a trading volume of 745,900 shares and a transaction value of 772 million [1] - Tongqinglou (605108) closed at 21.10, up 2.98% with a trading volume of 89,800 shares and a transaction value of 189 million [1] - Junxiang Hotel (301073) closed at 25.18, up 1.21% with a trading volume of 125,600 shares and a transaction value of 318 million [1] - Shoulv Hotel (600258) closed at 15.25, up 0.59% with a trading volume of 131,460 shares and a transaction value of 480 million [1] - Jinjing Hotel (601007) closed at 7.83, up 0.38% with a trading volume of 133,000 shares and a transaction value of 104 million [1] - Huatian Hotel (000428) closed at 3.66, up 0.27% with a trading volume of 251,200 shares and a transaction value of 92.51 million [1] - ST Yunwang (002306) closed at 1.87, unchanged with a trading volume of 203,500 shares and a transaction value of 38.05 million [1] - Jinjiang Hotel (600754) closed at 23.23, down 0.51% with a trading volume of 118,600 shares and a transaction value of 277 million [1] - Quanjude (002186) closed at 13.90, down 4.92% with a trading volume of 408,700 shares and a transaction value of 591 million [1] Capital Flow - The hotel and catering sector experienced a net outflow of 68.2 million from institutional investors, while retail investors saw a net inflow of 55.85 million [1] - Major stocks like Xi'an Catering had a net inflow of 42.26 million from institutional investors, while retail investors had a net outflow of 41.52 million [2] - Tongqinglou saw a net inflow of 11.31 million from institutional investors, with retail investors experiencing a net outflow of 13.88 million [2] - Junxiang Hotel had a net inflow of 7.32 million from institutional investors, while retail investors had a net outflow of 3.98 million [2] - Jinjing Hotel experienced a net outflow of 28.26 million from institutional investors, while retail investors had a net inflow of 3.20 million [2] - Quanjude faced a significant net outflow of 45.29 million from institutional investors, but retail investors had a net inflow of 60.58 million [2] - Shoulv Hotel had a net outflow of 59.30 million from institutional investors, with retail investors seeing a net inflow of 45.98 million [2]

本报讯 （记者李乔宇）8月28日晚间，北京首旅酒店（集团）股份有限公司（以下简称"首旅酒店"）公 布2025年半年度报告。2025年上半年，首旅酒店实现营业收入36.61亿元，同比下降1.93%；其中公司酒 店业务营业收入33.65亿元，景区运营业务营业收入2.96亿元。 同期，首旅酒店实现利润总额为5.49亿元，其中公司酒店业务利润总额为3.95亿元；景区运营业务利润 总额为1.53亿元。首旅酒店实现归属于上市公司股东的净利润3.97亿元，同比增长11.08%。 上半年，首旅酒店不含轻管理酒店的全部酒店RevPAR（每间可售房收入）为153元，同比下降4.3%， 其中，第一季度RevPAR为141元，同比下降4.6%；第二季度RevPAR为165元，同比下降4.1%。 公告显示，首旅酒店秉承"发展为先、产品为王、会员为本、经营至上"等核心战略，对内实施了一系列 强化精细化管理的举措，重视数字化能力建设，致力于管理效率的持续提升与优化；对外继续加快市场 拓展步伐，保持高度的市场洞察能力，灵活调整经营策略以精准对接市场变化。 首旅酒店坚持酒店规模化扩张战略，稳步推进全年开店计划，标准管理酒店开店保持较高增速。 ...

Core Insights - The company reported a total operating revenue of 3.661 billion yuan, a year-on-year decrease of 1.93% [1] - The net profit attributable to shareholders was 397 million yuan, reflecting a year-on-year increase of 11.08% [1] Revenue Performance - The RevPAR (Revenue per Available Room) for all hotels excluding light management hotels was 153 yuan, down 4.3% year-on-year [1] - In Q1, the RevPAR was 141 yuan, a decline of 4.6% year-on-year [1] - In Q2, the RevPAR was 165 yuan, a decrease of 4.1% year-on-year [1] Expansion and Store Management - The company opened 664 new stores during the reporting period, representing a year-on-year growth of 17.1% [1] - Among the new openings, 378 were standard management hotels, which is a 39.5% increase year-on-year [1] - The net increase in standard management hotels was 175, showing a year-on-year growth of 45.8% [1] Store Reserve - As of the end of the reporting period, the company had a total of 1,750 stores in reserve, with 1,158 being standard management hotels, marking a year-on-year increase of 17.1% [1] - Standard management hotels accounted for 66.2% of the total reserve, an increase of 14.3 percentage points year-on-year [1]

Financial Performance - In the first half of 2025, the company's operating revenue was approximately 3.661 billion yuan, a year-on-year decrease of 1.93% [2] - The net profit attributable to the parent company was approximately 397 million yuan, a year-on-year increase of 11.08% [2] - The net profit attributable to the parent company after deducting non-recurring gains and losses was approximately 336 million yuan, a year-on-year increase of 3.81% [2] Market Trends - The domestic economy showed steady improvement, with a gradual recovery in business travel demand and sustained strong leisure travel demand [2] - During the "May Day" holiday, the tourism consumption market was vibrant, leading to better hotel industry performance compared to the same period last year [2] RevPAR and Hotel Performance - The RevPAR for all hotels under the company, excluding light management hotels, was 153 yuan, a year-on-year decrease of 4.3% [2] - In the second quarter, the RevPAR for all hotels was 143 yuan, a year-on-year decrease of 5.7% [3] - The average room rate in the second quarter was 225 yuan, a year-on-year decrease of 2.8% [3] - The occupancy rate was 63.9%, a year-on-year decrease of 2 percentage points [3] Expansion and Development - In the first half of 2025, the company opened 364 new hotels, including 5 direct-operated and 359 franchised hotels [3] - The number of newly opened mid-to-high-end hotels was 189, a year-on-year increase of 11.8% [3] - As of the end of the reporting period, the total number of hotels was 7,268, with 2,132 mid-to-high-end hotels accounting for 29.3% of the total [4] - The number of signed but not yet opened and in-signing hotels was 1,750 [4]

格隆汇8月28日丨首旅酒店(600258.SH)发布2025半年度报告，公司上半年实现营业收入36.61亿元，同比 下滑1.93%；归母净利润3.97亿元，同比增长11.08%；扣非归母净利润3.36亿元，同比增长3.81%。 ...

北京首旅酒店（集团）股份有限公司（以下简称"公司"或"首旅酒店"） 第九届监事会第八次会议于 2025 年 8 月 27 日上午 11 时以通讯方式召开，公司 三名监事杨烨、郝古月、吕晓萍出席会议，会议经投票表决,全票一致通过以下 三项议案： 股票代码：600258 股票简称：首旅酒店 编号：临 2025-038 北京首旅酒店（集团）股份有限公司 第九届监事会第八次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 1. 以 3 票赞成，0 票反对，0 票弃权的结果审议通过了《公司 2025 年半年 度报告全文及摘要》。 公司监事会对董事会编制的《公司 2025 年半年度报告全文及摘要》发表了 无异议的审核意见： （1）公司 2025 年半年度报告的编制和审议程序符合法律、法规、公司章程和 公司内部管理制度的各项规定。 （2）公司 2025 年半年度报告的内容和格式符合中国证监会和证券交易所的各 项规定，所包含的信息能从各个方面真实准确反映公司的经营管理和财务状况等 事项。 （3）在公司监事会提出本意见前，没有发现参 ...

据首旅酒店2025年半年度报告显示，公司上半年实现营业总收入36.6亿元，同比下降1.93%；归属于上 市公司股东的净利润为3.97亿元，同比增长11.08%；基本每股收益为0.36元。截至报告期末，公司总资 产为244.7亿元，同比下降1.7%；经营活动产生的现金流量净额为15.5亿元，保持充足水平。 公司在公告中提及将继续推进"发展为先、产品为王、会员为本、经营至上"核心战略，紧抓暑期旅游旺 季机遇，通过优质服务体验和效率提升促进业绩增长。截至报告期末，公司在营酒店规模达7084家，其 中中高端及标准店占比持续提升，为后续营收增长奠定基础。 （首旅酒店财报） ...