第一条 为强化董事会决策功能，做到事前审计、专业审计，确保董事会 对经理层的有效监督，完善公司治理结构，根据《中华人民共和国公司法》（ 以下简称"《公司法》"）《上市公司治理准则》《上市公司独立董事管理办 法》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律监管指 引第 1 号——规范运作》等法律、行政法规、部门规章、规范性文件以及《北 京首旅酒店（集团）股份有限公司章程》（以下简称"《公司章程》"）等有 关规定，特设立董事会审计委员会，并制定本工作细则。 第二条 董事会审计委员会是董事会根据《公司章程》设立的专门工作 机构，主要负责审核公司财务信息及其披露、监督及评估内外部审计工作和内 部控制，并负责行使《公司法》规定的监事会的职权。审计委员会兼任公司合 规委员会。 GS-01-02-03 董事会审计委员会工作细则 北京首旅酒店（集团）股份有限公司 董事会审计委员会工作细则 第一章 总 则 第三章 职责权限 第八条 审计委员会的主要职责权限： （一）监督及评估外部审计工作，提议聘请或者更换外部审计机构； GS-01-02-03 董事会审计委员会工作细则 第二章 人员组成 第三条 审计委员会成员由三 ...

北京首旅酒店（集团）股份有限公司2025 年半年度报告 公司代码：600258 公司简称：首旅酒店 北京首旅酒店（集团）股份有限公司 2025 年半年度报告 1 / 184 北京首旅酒店（集团）股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人李云、主管会计工作负责人李向荣及会计机构负责人（会计主管人员）盛白声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 半年度报告中涉及了公司未来经营发展的前瞻性描述，不构成公司对投资者的实际承诺，请 投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 ...

| | | | | | 第一章 总则 1.1 为维护公司、股东、职工和债权人的合法权益，规范公司的组织和行为，根据《中 华人民共和国宪法》（以下简称《宪法》）《中华人民共和国公司法》（以下简称《公司法》）《 中华人民共和国证券法》（以下简称《证券法》）《中国共产党章程》（以下简称《党章》）和 其他有关规定，制定本章程。 1.2 公司系依照《公司法》和其他有关法规、规定成立的股份有限公司。公司经北京 市人民政府办公厅"京政办函[1999]14 号"文件批准，以发起设立方式设立；在北京市工 商行政管理局注册登记，取得营业执照，营业执照号码为：11520068。公司于 2017 年 6 月 20 日 取得新营业执照，统一社会信用代码为 911100007002172436。 1.3 公司于 2000 年 4 月 20 日经中国证券监督管理委员会批准首次向社会公众发行人 民 币普通股 7,000 万股，于 2000 年 6 月 1 日在上海证券交易所上市。 北京首旅酒店（集团）股份有限公司 章程 1.4 公司注册名称：北京首旅酒店（集团）股份有限公司，英文名称：BTG Hotels (Group) Co., Ltd. ...

GS-01-02 董事会议事规则 北京首旅酒店（集团）股份有限公司 董事会议事规则 为进一步完善公司法人治理结构，更好地规范北京首旅酒店（集团）股份有 限公司（下称"公司"）董事会的召开、议事、决议等事项，确保董事会的工作 效率和科学决策，根据《中华人民共和国公司法》（下称"《公司法》"）《中华人 民共和国证券法》和《北京首旅酒店（集团）股份有限公司章程》（下称"《公司 章程》"）等制订本议事规则。 第一章 董事会的组成和下设机构 第一条 公司董事会由 11 名董事组成，其中独立董事 4 名。董事会设董事 长 1 人，副董事长 1 人。董事长、副董事长由董事会以全体董事的过半数选举产 生。 第二条 董事会下设战略委员会、审计委员会、提名委员会以及薪酬与考核 委员会共四个专门委员会。各专门委员会的职责和工作程序等按照《上市公司治 理准则》和各专门委员会的实施细则执行。 专门委员会成员全部由董事组成，其中审计委员会、提名委员会、薪酬与考 核委员会中独立董事应当过半数并担任召集人，审计委员会中至少应有一名独立 董事是会计专业人士。 第三条 各专门委员会可以聘请中介机构提供专业意见，有关费用由公司承 担。 第四条 各 ...

首旅酒店公告，2025年上半年营业收入为36.61亿元，同比下降1.93%；净利润为3.97亿元，同比增长 11.08%。公司将继续推进"发展为先、产品为王、会员为本、经营至上"等核心战略，紧抓暑期旺季，以 优质服务体验、更突出的数字化效率，提质增效，促进经营业绩提升。 ...

Core Insights - The hotel prices in major Chinese cities have significantly declined, with many budget and mid-range brands experiencing price drops of over 10%, and some exceeding 20% [6][10][16] - The average daily rate (ADR) for Atour Hotels has fallen below levels seen five years ago, with a reported decline of 19% in the Beijing area [10][11] - The hotel market is facing a supply-demand imbalance, leading to decreased occupancy rates and revenue per available room (RevPAR) across various hotel brands [14][15] Price Trends - From August 1 to September 1, 2023, hotel prices in Beijing, Shanghai, Guangzhou, and Shenzhen showed a general downward trend, with 9 out of 10 observed hotel brands reporting average price declines [6][8] - Economic and mid-range hotel brands were the most affected, with brands like Home Inn and Hanting experiencing price drops of 27.2% and 24.1%, respectively [6][7] - High-end brands like Sheraton showed more stability, with a price drop of only 8%, while Hilton was the only brand to see a price increase of 3.5% [7] OTA Price Variations - Price fluctuations among different Online Travel Agencies (OTAs) were notable, with Ctrip offering the lowest average prices in Beijing at 572.9 yuan, while Tongcheng had the highest at 594.2 yuan [8][9] - In the transition to the off-peak season, Ctrip's prices dropped significantly by 13% to 498.4 yuan, while Qunar also saw a decline of 12.5% [9][18] Atour Hotel Performance - Atour's ADR for Q1 2025 was reported at 418 yuan, lower than the 429.5 yuan seen in 2019, indicating a downward trend in pricing [10][11] - The company's RevPAR has also declined, with a 7.3% year-on-year drop reported for Q1 2025 [10][11] Market Dynamics - The hotel market is experiencing a supply expansion that outpaces demand recovery, leading to lower occupancy rates and increased pressure on pricing [14][15] - The average occupancy rate for five-star hotels fell to 58.25% in Q2 2024, reflecting the challenges faced by the industry [15] Regional Observations - In Beijing, the average hotel price dropped by 13.5%, with significant declines in brands like Orange Crystal and Home Inn [16] - In Shanghai, the average price fell by 14.6%, with Vienna experiencing a notable drop of 28.1% [16] Future Outlook - The hotel industry is expected to face continued challenges, with predictions of a decline in RevPAR for Q3 2024, although the rate of decline may be less severe than in Q2 [14]

Core Insights - The hotel prices in major Chinese cities have significantly decreased, with many budget and mid-range brands experiencing price drops of over 10% and some exceeding 20% [3][5][10] - The price adjustments reflect a broader trend of declining average daily rates (ADR) and revenue per available room (RevPAR) across the hotel industry, particularly affecting mid-range and budget hotels [22][25][30] Price Trends - From August 1 to September 1, hotel prices in Beijing, Shanghai, Guangzhou, and Shenzhen showed a general downward trend, with 9 out of 10 observed hotel brands reporting average price declines [3][5] - Economic and mid-range brands were the most affected, with brands like Home Inn and Hanting experiencing price drops of 27.2% and 24.1% respectively [5][10] - High-end brands showed more stability, with Hilton being the only brand to see a price increase during this period [5][10] OTA Price Variations - Price strategies among different Online Travel Agencies (OTAs) displayed significant divergence, with Ctrip offering the lowest prices in some regions while Tongcheng had the highest [7][13] - In Beijing, Ctrip's average price dropped 13% to 498.4 yuan, while in Shanghai, Qunar saw a significant decline of 11.8% [7][10] Regional Observations - In Beijing, the overall hotel price decline reached 13.5%, with specific brands like Home Inn and Orange Crystal showing notable drops [10][12] - Shanghai's hotel prices fell by 14.6%, with Vienna experiencing a significant drop of 28.1% [10][12] - Guangzhou also saw a widening price gap among OTAs, particularly in budget hotels, indicating a competitive pricing environment [13][15] Company Performance - At Atour Hotel, the average daily rate (ADR) for the first quarter of 2025 was reported at 418 yuan, lower than the 429.5 yuan recorded in 2019 [20][22] - The overall RevPAR for Atour in 2024 showed a decline of 6.8% compared to the previous year, reflecting ongoing challenges in the market [22][25] - Huazhu Group reported a 2% decrease in ADR to 290 yuan in the second quarter of 2024, indicating a similar trend across the industry [23][25] Market Dynamics - The hotel market is facing supply-demand imbalances, with new hotel openings outpacing the recovery of travel demand post-pandemic [29][30] - The average occupancy rate for five-star hotels dropped to 58.25% in the second quarter of 2024, highlighting the pressure on hotel revenues [29][30]

Market Overview - The hotel and catering sector experienced a decline of 0.33% on August 26, with Shoulu Hotel leading the drop [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Stock Performance - Key stocks in the hotel and catering sector showed mixed performance, with Quanjude rising by 2.47% to 14.08 and Shoulu Hotel falling by 1.19% to 14.96 [1] - The trading volume and turnover for Quanjude were 601,300 shares and 852 million yuan, respectively [1] Capital Flow - The hotel and catering sector saw a net outflow of 205 million yuan from main funds, while retail investors contributed a net inflow of 205 million yuan [1] - The detailed capital flow indicates that major stocks like Shoulu Hotel and Xian Food experienced significant net outflows from main funds [2]

Market Performance - The hotel and catering sector increased by 2.29% on August 25, with Quan Jud leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Individual Stock Performance - Quan Jud (002186) closed at 13.74, up 10.01% with a trading volume of 345,100 shares and a transaction value of 452 million [1] - Shou Lv Hotel (600258) closed at 15.14, up 3.20% with a trading volume of 346,700 shares and a transaction value of 517 million [1] - Xi'an Catering (000721) closed at 10.44, up 2.65% with a trading volume of 936,300 shares and a transaction value of 26.68 million [1] - Junting Hotel (301073) closed at 25.33, up 2.63% with a trading volume of 141,500 shares and a transaction value of 356 million [1] - Tongqing Lou (605108) closed at 20.86, up 1.81% with a trading volume of 66,300 shares and a transaction value of 137 million [1] - Jin Jiang Hotel (600754) closed at 23.61, up 0.85% with a trading volume of 156,300 shares and a transaction value of 367 million [1] - Jinling Hotel (601007) closed at 7.96, up 0.76% with a trading volume of 195,700 shares and a transaction value of 155 million [1] - Huatian Hotel (000428) closed at 3.71, up 0.54% with a trading volume of 480,900 shares and a transaction value of 179 million [1] - ST Yunwang (002306) closed at 1.93, unchanged with a trading volume of 256,300 shares and a transaction value of 49.29 million [1] Capital Flow - The hotel and catering sector saw a net inflow of 122 million from main funds, while retail investors experienced a net outflow of 1.04 billion [1] - The main funds' net inflow for Quan Jud was 78.36 million, accounting for 17.34% of its trading volume [2] - Shou Lv Hotel had a main fund net inflow of 36.59 million, representing 7.08% of its trading volume [2] - Junting Hotel recorded a main fund net inflow of 12.87 million, accounting for 3.62% of its trading volume [2] - Jin Jiang Hotel had a main fund net inflow of 304.15 thousand, representing 0.83% of its trading volume [2] - Tongqing Lou saw a main fund net inflow of 228.29 thousand, accounting for 1.66% of its trading volume [2]

Market Overview - On August 21, the hotel and catering sector rose by 0.07% compared to the previous trading day, with Huazhong Hotel leading the gains [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Individual Stock Performance - Huazhong Hotel (code: 000428) closed at 3.61, up 1.40% with a trading volume of 387,800 shares and a transaction value of 139 million [1] - Junting Hotel (code: 301073) closed at 24.68, up 1.36% with a trading volume of 142,900 shares and a transaction value of 352 million [1] - Jinjiang Hotel (code: 600754) closed at 23.39, up 1.34% with a trading volume of 184,000 shares and a transaction value of 428 million [1] - Other notable performances include Jining Hotel (code: 601007) with a slight increase of 0.13% and Xian Catering (code: 000721) down by 0.20% [1] Capital Flow Analysis - The hotel and catering sector experienced a net outflow of 91.614 million from institutional investors and 59.3465 million from speculative funds, while retail investors saw a net inflow of 151 million [1] - Jinjiang Hotel had a net inflow of 36.1067 million from institutional investors, while it faced a net outflow of 13.1479 million from speculative funds [2] - Xian Catering saw a net outflow of 10.3595 million from institutional investors but a net inflow of 72.7358 million from retail investors [2]