证券代码：600258 证券简称：首旅酒店 编号：临 2026-001 北京首旅酒店(集团)股份有限公司 关于使用闲置募集资金进行现金管理到期 赎回的公告 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。 重要内容提示： ●到期赎回委托理财产品的受托方:招商银行股份有限公司上海分行。 ●到期赎回委托理财产品总金额：人民币 15,000 万元。 ●到期赎回委托理财产品名称、金额： 招商银行点金系列看涨两层区间 61 天结构性存款（产品代码：NSH09023） 7000 万元； 招商银行点金系列看涨两层区间 61 天结构性存款（产品代码 ：NSH09031） 5000 万元； 招商银行点金系列看涨两层区间 61 天结构性存款（产品代码：NSH09038） 3000 万元。 ●到期赎回委托理财产品期限：本次到期赎回的结构性存款期限均为 61 天。 ●已履行的审议程序: 公司于 2025 年 12 月 12 日召开第九届董事会第十三次会议审议通过了《关 于公司使用闲置募集资金进行现金管理的议案》。在不影响募集资金投资项目建 设进度和募集 ...

从资金流向上来看，当日酒店餐饮板块主力资金净流出895.69万元，游资资金净流出5532.07万元，散户 资金净流入6427.76万元。酒店餐饮板块个股资金流向见下表： 证券之星消息，1月22日酒店餐饮板块较上一交易日上涨0.74%，*ST云网领涨。当日上证指数报收于 4122.58，上涨0.14%。深证成指报收于14327.05，上涨0.5%。酒店餐饮板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002306 | *ST云网 | 2.26 | 5.12% | 19.43万 | 4381.50万 | | 301073 | 君亭酒店 | 31.05 | 3.02% | 6.02万 | 1.86亿 | | 000428 | 华天酒店 | 3.60 | 1.98% | 29.03万 | 1.04亿 | | 601007 | 金陵饭店 | 8.13 | 1.12% | 12.40万 | 1.00亿 | | 000721 | 西安饮食 | 9.49 | 1.06% | 19.05万 ...

Core Viewpoint - The hotel and catering sector experienced a slight increase of 0.01% on January 20, with Shoulu Hotel leading the gains, while the overall market indices showed a decline [1]. Market Performance - The Shanghai Composite Index closed at 4113.65, down 0.01% - The Shenzhen Component Index closed at 14155.63, down 0.97% [1]. Individual Stock Performance - Shoulu Hotel (600258) closed at 17.96, up 2.51% with a trading volume of 184,500 shares and a turnover of 327 million yuan - ST Yunwang (002306) closed at 2.15, up 0.94% with a trading volume of 175,400 shares and a turnover of 37.7 million yuan - Huatian Hotel (000428) closed at 3.62, up 0.56% with a trading volume of 511,200 shares and a turnover of 181 million yuan - Jinling Hotel (601007) closed at 8.08, down 0.25% with a trading volume of 124,300 shares and a turnover of 100 million yuan - Jinjiang Hotel (600754) closed at 27.44, down 0.36% with a trading volume of 114,100 shares and a turnover of 312 million yuan - Tongqinglou (605108) closed at 20.16, down 0.64% with a trading volume of 42,300 shares and a turnover of 85.4 million yuan - Xianyinshi (000721) closed at 9.61, down 2.04% with a trading volume of 329,200 shares and a turnover of 319 million yuan - Quanjude (002186) closed at 12.24, down 2.93% with a trading volume of 146,100 shares and a turnover of 181 million yuan - Junxi Hotel (301073) closed at 30.80, down 2.99% with a trading volume of 65,600 shares and a turnover of 204 million yuan [1]. Capital Flow Analysis - The hotel and catering sector saw a net outflow of 33.95 million yuan from main funds, while retail investors contributed a net inflow of 31.30 million yuan - The main funds showed a significant outflow from Jinling Hotel (1,482.85 million yuan) and Xianyinshi (2,194.96 million yuan) [1][2]. - Shoulu Hotel had a net inflow of 23.62 million yuan from main funds, while Huatian Hotel saw a net inflow of 14.05 million yuan [2].

Group 1 - The Shenzhen Composite Index fell by 1.22% and the ChiNext Index dropped by 1.83% as of 11:30 AM on January 20, indicating a bearish trend in the market [1] - Notable stock performances included Nanshan Aluminum rising over 7%, Satellite Chemical and Conch Cement increasing by over 5%, and several other companies like Gujia Home, China Chemical, and Oppein Home gaining over 4% [1] Group 2 - The cash flow ETF managed by Harvest (159221) decreased by 0.08%, with a trading volume of 10.194 million yuan and a turnover rate of 1.29% [2] - There is an increasing market demand for high-dividend and stable cash flow assets, as funds are rotating from momentum-driven bubbles to high-value opportunities under the current "slow bull" market in A-shares [2] - The cash flow index, which includes non-ferrous metals and basic chemicals, benefits from the pricing of physical assets and high operating rates, showing significant cyclical alpha characteristics [2] - During the 14th Five-Year Plan, the State Grid is expected to invest 4 trillion yuan in fixed assets, a 40% increase compared to the previous plan, which directly benefits index components related to grid equipment and energy [2]

Group 1: Core Insights - The tourism and travel sector in China is experiencing significant growth, driven by increased consumer demand and favorable government policies [5][6] - The upcoming Spring Festival is expected to boost travel, with a notable increase in ticket bookings and travel service reservations [4][6] - Social security funds have heavily invested in key tourism stocks, indicating strong institutional interest in the sector [6] Group 2: Company Performance - China Duty Free Group (中国中免) has seen a cumulative stock increase of 30.91% since October 2025, supported by its expansion into city duty-free stores [6] - Spring Airlines (春秋航空) reported a 23.68% year-on-year increase in available ton-kilometers in December 2025, reflecting growth in operational capacity [7] - China National Aviation Holding (中国国航) and Spring Airlines are among the top holdings by social security funds, with market values of 5.56 billion and 6.01 billion yuan respectively [6] Group 3: Market Trends - The domestic tourism market showed strong recovery in 2025, with 4.85 trillion yuan in spending, an 11.5% increase year-on-year [5] - The "reverse Spring Festival" trend is gaining traction, with a 35% increase in ticket bookings for parents traveling to their children's work locations [4] - The Wind tourism index rose by 2.5% on January 19, 2026, indicating a positive market sentiment ahead of the Spring Festival [3]

Core Viewpoint - The hotel and catering sector experienced a significant increase of 4.02% on January 19, with Junting Hotel leading the gains [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] - Junting Hotel's stock price rose by 6.79% to 31.75, with a trading volume of 111,800 shares and a transaction value of 352 million [1] - Other notable performers included Jinjiang Hotel, which increased by 4.95% to 27.54, and Shoulv Hotel, which rose by 4.78% to 17.52 [1] Group 2: Capital Flow - The hotel and catering sector saw a net inflow of 22.05 million from institutional investors and 42.83 million from retail investors, while individual investors had a net outflow of 64.88 million [1] - Jinjiang Hotel attracted a net inflow of 46.87 million from institutional investors, while experiencing a net outflow of 88.09 million from individual investors [2] - The capital flow for other companies showed mixed results, with Tongqinglou receiving a net inflow of 10.02 million from institutional investors but a net outflow of 1.69 million from individual investors [2]

Investment Rating - The report maintains a positive investment rating for the industry, highlighting a favorable outlook for the tourism and leisure sectors due to government policies aimed at boosting domestic consumption and service spending [1][35]. Core Insights - The report emphasizes the recovery of domestic tourism, with expected growth rates of 12% in revenue and 18% in visitor numbers for Q1-Q3 2025, driven by sustained leisure travel demand and the rise of experiential consumption [1][35]. - The overall tourism market is projected to grow by over 10% for the year, supported by government initiatives such as promoting spring and autumn travel and issuing cultural tourism consumption vouchers [1][35]. - Key companies recommended for investment include China Duty Free Group, Jin Jiang Hotels, Shouqi Group, Tongcheng Travel, and Ctrip Group, alongside high-growth tea beverage stocks like Gu Ming and low-valuation restaurant growth stocks like Green Tea Group [1][35]. Summary by Sections 1. Restaurant Sector - Offline consumption is gradually recovering, with Q4 restaurant revenue showing steady growth, achieving 519.9 billion and 605.7 billion yuan in October and November 2025, respectively, with year-on-year growth of 4.99% and 4.40% [7][10]. - Leading restaurant companies are recovering faster than the industry average, with significant revenue increases noted for major players [10][14]. 2. Tea Beverage Sector - The tea beverage sector has seen a surge in same-store sales growth due to delivery subsidies, with leading brands like Gu Ming and Hu Shang A Yi maintaining high growth rates of 15-20% [7][10][14]. - The number of new store openings has doubled compared to 2024, indicating aggressive expansion strategies among top brands [16]. 3. OTA (Online Travel Agency) - The recovery of outbound travel demand is evident, with strong performance in Southeast Asia routes and a notable increase in visitor numbers to Japan and South Korea [20][24]. - The report highlights the long-term profit potential of leading OTA companies like Ctrip and Tongcheng Travel, driven by the ongoing recovery in leisure travel demand and improved commission rates [24][25]. 4. Hotel Sector - The hotel industry is expected to see a stable RevPAR (Revenue per Available Room) in Q4, with a year-on-year growth of 6-8% in room supply [29][30]. - Major hotel chains like Shouqi and Jin Jiang are projected to maintain or improve their performance, benefiting from cost reductions and increased guest traffic during holiday periods [29][30][31]. 5. Investment Recommendations - The report suggests focusing on the travel sector, particularly companies involved in OTA, hotels, and scenic spots, as they are likely to benefit from favorable government policies [1][35]. - Additionally, it recommends investing in high-growth tea beverage stocks and undervalued restaurant growth stocks, indicating a diversified approach to capitalizing on the recovery in consumer spending [1][35].

Core Viewpoint - The tourism and travel sector has shown significant gains, with stocks such as Jiuhua Tourism hitting the daily limit, and others like Junting Hotel and Dalian Shengya also experiencing notable increases. This surge is attributed to recent policy support aimed at boosting service consumption, which is expected to invigorate the industry [1]. Group 1: Policy Support - Recent policies in the service consumption sector are designed to enhance industry growth, emphasizing the release of service consumption potential [1]. - The National Business Work Conference highlighted the importance of improving trade and investment facilitation in Hainan Free Trade Port, while Shanghai introduced 16 measures to stimulate consumption through cultural and tourism integration [1]. - Various departments have issued opinions to expand cultural and sports consumption, encouraging grassroots unions to organize seasonal trips and offer exclusive discounts on cultural and tourism products [1]. Group 2: Market Outlook - Guosen Securities predicts that boosting domestic demand will be a key focus for economic development by 2026, with significant potential for service consumption in China compared to overseas markets [1]. - The report suggests that service consumption could become a new focal point for the government, especially as commodity consumption subsidies are optimized [1]. - The current funding allocation in the sector is at a historical low, and overall valuations reflect many pessimistic expectations, indicating a potential for recovery in service consumption as policies align with income expectations [1].

有券商表示，从供给层面看，旅游景区、酒店、旅行社和旅游零售等各个业态均全面复苏。政策层面上， 国家持续出台产业政策，从规范行业发展、加大优质旅游产品和服务供给、优化旅游基础设施投入、完善 旅游交通服务、拓宽行业融资渠道等多方面给予支持，积极推动旅游业高质量发展。 旅游概念股走强，中国东航涨超5%，中国国航、锦江酒店、首旅酒店涨超4%。 受盘面影响，旅游ETF涨约3%。 此外，随着春节假期延长，叠加冰雪旅游热度提升、免税免签政策陆续出台等，旅游板块近期热度显著提 升。 （文章来源：每日经济新闻） ...

资料显示，北京首旅酒店(集团)股份有限公司位于北京市朝阳区雅宝路10号凯威大厦三层，成立日期 1999年2月12日，上市日期2000年6月1日，公司主营业务涉及以酒店经营管理为主,包括旅游服务、酒店 运营、景区运营、酒店管理和展览广告。主营业务收入构成为：酒店运营61.02%，酒店管理30.89%， 景区业务8.08%。 从基金十大重仓股角度 数据显示，太平基金旗下1只基金重仓首旅酒店。太平价值增长股票A（010896）三季度减持4万股，持 有股数30万股，占基金净值比例为4.42%，位居第七大重仓股。根据测算，今日浮盈赚取约25.8万元。 1月19日，首旅酒店涨5.14%，截至发稿，报17.58元/股，成交1.35亿元，换手率0.71%，总市值196.30亿 元。 截至发稿，赵超累计任职时间3年173天，现任基金资产总规模71.7亿元，任职期间最佳基金回报 28.74%， 任职期间最差基金回报0.84%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快 ...