Market Overview - The hotel and catering sector experienced a decline of 1.41% on September 12, with Junting Hotel leading the drop [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Individual Stock Performance - ST Yunwang (002306) closed at 1.92, with an increase of 1.05% and a trading volume of 158,100 shares, totaling 13.02 million yuan [1] - Quanjude (002186) closed at 12.55, down 0.24%, with a trading volume of 86,000 shares, totaling 109 million yuan [1] - Jinjiang Hotel (600754) closed at 23.30, down 0.72%, with a trading volume of 70,800 shares, totaling 166 million yuan [1] - Huatian Hotel (000428) closed at 3.78, down 0.79%, with a trading volume of 191,500 shares, totaling 72.68 million yuan [1] - Xianyin Food (000721) closed at 10.33, down 1.15%, with a trading volume of 258,000 shares, totaling 268 million yuan [1] - Jinling Hotel (601007) closed at 8.08, down 1.22%, with a trading volume of 130,400 shares, totaling 10.6 million yuan [1] - Shoulv Hotel (600258) closed at 15.26, down 1.48%, with a trading volume of 90,900 shares, totaling 140 million yuan [1] - Tongqinglou (605108) closed at 20.80, down 2.30%, with a trading volume of 33,700 shares, totaling 7.08 million yuan [1] - Junting Hotel (301073) closed at 26.69, down 2.41%, with a trading volume of 81,900 shares, totaling 220 million yuan [1] Capital Flow Analysis - The hotel and catering sector saw a net outflow of 126 million yuan from main funds, while retail investors contributed a net inflow of 141 million yuan [1] - The following stocks experienced significant capital flow changes: - Huatian Hotel: Main funds net inflow of 1.49 million yuan, retail net inflow of 5.79 million yuan [2] - ST Yunwang: Main funds net outflow of 589,300 yuan, retail net outflow of 69,400 yuan [2] - Jinling Hotel: Main funds net outflow of 6.63 million yuan, retail net inflow of 9.41 million yuan [2] - Quanjude: Main funds net outflow of 7.99 million yuan, retail net inflow of 12.60 million yuan [2] - Jinjiang Hotel: Main funds net outflow of 25.17 million yuan, retail net inflow of 32.34 million yuan [2] - Junting Hotel: Main funds net outflow of 51.94 million yuan, retail net inflow of 30.58 million yuan [2]

Market Overview - The hotel and catering sector increased by 1.08% on September 10, with Junting Hotel leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Stock Performance - Junting Hotel (301073) closed at 27.60, up 4.47% with a trading volume of 202,200 shares and a transaction value of 546 million [1] - Jinling Hotel (601007) closed at 8.31, up 3.36% with a trading volume of 286,900 shares and a transaction value of 236 million [1] - Huatian Hotel (000428) closed at 3.87, up 2.38% with a trading volume of 404,300 shares and a transaction value of 156 million [1] - Other notable performances include Xian Catering (000721) up 1.90% and Quanjude (002186) up 1.36% [1] Capital Flow - The hotel and catering sector saw a net inflow of 89.7 million from institutional investors, while retail investors experienced a net outflow of 117 million [1] - Junting Hotel attracted a net inflow of 36.9 million from institutional investors, while retail investors had a net outflow of 32.1 million [2] - Jinjiang Hotel (600754) and Quanjude (002186) also saw positive net inflows from institutional investors, indicating strong interest in these stocks [2]

Core Viewpoint - JD Group has signed a strategic cooperation agreement with Jin Jiang Hotels to enhance collaboration in three key areas: innovative dining consumption scenarios, hotel and travel services, and supply chain synergy [1] Group 1: Strategic Cooperation Agreement - The agreement aims to integrate the strengths of both companies to create a benchmark for innovation in the hotel and travel industry, leading to an "AI-driven, experience-upgraded" phase [1] - JD's quality dining joint venture platform, Seven Fresh Kitchen, will enter Jin Jiang Hotels' diverse brand hotels to explore a new business model of "AI + dining + accommodation" [1] Group 2: Hotel and Travel Services - All Jin Jiang Hotels will gradually join JD's platform, benefiting from the "JD Hotel PLUS Membership Plan" with a maximum of three years of zero commission policy [1] - A central reservation system will be established to connect hotel operations, allowing real-time information sharing on room status, pricing, and orders [1] Group 3: Supply Chain Synergy - Both companies will build a B2B empowerment platform to enhance service capabilities and business coverage in the single hotel market through complementary supply chain resources [1]

Core Viewpoint - JD Group has signed a strategic cooperation agreement with Jinjiang Hotels to enhance collaboration in three key areas: innovative dining consumption scenarios, hotel and travel services, and supply chain synergy [1] Group 1: Strategic Cooperation Agreement - The agreement aims to integrate resources from both companies to create a benchmark for innovation in the hotel and travel industry, focusing on an "AI-driven, experience-upgraded" model [1] - JD's quality dining joint venture platform, Qixian Kitchen, will be introduced in Jinjiang Hotels' diverse brand hotels to explore a new business model combining "AI + dining + accommodation" [1] Group 2: Hotel and Travel Services - All Jinjiang Hotels will gradually join JD's platform, benefiting from the "JD Hotel PLUS Membership Plan" which offers up to three years of zero commission [1] - A central reservation system will be established to connect hotel operations, allowing real-time information sharing on room status, pricing, and orders [1] Group 3: Supply Chain Synergy - Both companies will build a B2B empowerment platform to enhance service capabilities and business coverage in the single hotel market through complementary supply chain resources [1]

Core Insights - JD.com has signed a strategic cooperation agreement with Jinjiang Hotels to enhance collaboration in three key areas: dining consumption innovation, hotel services, and supply chain synergy [1][2] - The partnership is viewed as an upgrade to JD.com's food delivery business, leveraging resources to capture market share in the hotel dining and young consumer segments [1][2] Group 1: Strategic Cooperation - JD.com’s subsidiary, Seven Fresh Kitchen, will enter multiple Jinjiang Hotels brands in China, aiming to explore a new business model combining AI, dining, and accommodation [2] - The collaboration is expected to create new consumption scenarios and revenue streams, enhancing guest experiences and operational efficiency for Jinjiang Hotels [2] Group 2: Business Expansion - Since entering the food delivery market in February, JD.com has launched the Seven Fresh Kitchen platform, which has gained significant attention and participation [3] - The company plans to invest over 10 billion yuan to establish more than 10,000 Seven Fresh Kitchen locations nationwide within three years, allowing partners to sell products without upfront costs [3] Group 3: Performance Metrics - In the first week of the "Dish Partner" recruitment program, over 66,000 applications were received, indicating strong market interest in innovative dining supply chains [3] - Seven Fresh Kitchen's first store achieved over 1,000 daily orders in its opening week, with a repurchase rate 220% higher than the industry average, contributing to a 12% increase in overall orders for nearby restaurants [3] - JD.com reported that its new business, including food delivery, generated 1.385 billion yuan in the second quarter, nearly doubling year-on-year, with significant growth during the "618" shopping festival [3]

Group 1 - JD.com and Jinjiang Hotels have signed a strategic cooperation agreement to integrate resources in three main areas: innovative dining consumption scenarios, hotel services, and supply chain collaboration [1][2] - Jinjiang Hotels becomes JD.com's first fully strategic hotel group partner, with over 13,700 hotels and more than 1.33 million rooms globally, covering 53 countries and regions [1] - The partnership will introduce the "AI + Eat + Stay" business model through the integration of hotel and dining supply chains, starting with the launch of the "Seven Fresh Kitchen" in select Jinjiang hotels in Beijing from October [1] Group 2 - The cooperation will enhance member experiences by exploring collaboration between "Jinjiang Hui Members" and "JD PLUS Members," providing convenient services for JD's over 900,000 employees and potentially serving over 30,000 large enterprises and 8 million SMEs [2] - A B2B empowerment platform will be established to improve service capabilities and business coverage in the single hotel market, leveraging Jinjiang's supply chain for cost-effective procurement solutions [2] - Jinjiang Hotels will utilize JD's overseas logistics network to support its expansion into Southeast Asia, ensuring stable supply chain services and exploring growth opportunities for Chinese hotel brands internationally [2]

Core Insights - JD.com and Jinjiang Hotels have officially signed a strategic cooperation agreement to integrate their resources and enhance collaboration in three key areas: innovation in dining consumption scenarios, hotel and travel services, and supply chain synergy [1] Group 1 - The partnership aims to create a benchmark for innovation in the hotel and travel industry [1] - The collaboration will focus on leveraging both companies' strengths to improve customer experiences and operational efficiencies [1] - The agreement signifies a strategic move to enhance competitiveness in the hospitality and e-commerce sectors [1]

储备门店环比增加，二季度境内RevPAR 同比-5.0% 事件 锦江酒店公布2025 年半年度报告。2025H1 公司实现收入65.3 亿元，同比下滑5.3%；归母净利润为3.7 亿元，同比下降56.3%；扣非归母净利润为4.1 亿元，同比+5.2%。分季度看，2025Q2 公司收入为35.8 亿元，同比下降2.7%；归母净利润为3.3 亿元，同比下滑49.1%；扣非归母净利润为3.8 亿元，同比增长 17.1%。业绩落在此前预告区间内。 需求减弱收入承压，扣非归母净利润同比+5.2% 受整体市场需求减弱及公司战略性退出境内外若干酒店物业影响，2025H1 公司营收同比下滑5.3%，其 中境内酒店/境外酒店/食品餐饮业务收入同比增速分别为-4.3%/-7.3%/-14.8%。公司归母净利润大幅下滑 主要是去年同期公司出售时尚之旅100%股权、卢浮集团处置若干酒店物业等抬高基数。上半年公司扣 非归母净利润同比增长5.2%，展现稳健的经营韧性。拆分核心子公司业绩看，境外业绩承压明显。境 内铂涛/维也纳归母净利润同比分别-0.3%/+10.7%，归母净利润之和同比增长4.9%；海外卢浮增亏2150 万欧元，按1 欧 ...

证券代码：600754/900934 证券简称：锦江酒店/锦江B股 公告编号：2025-051 上海锦江国际酒店股份有限公司 1 文件外，还需携带法定代表人授权委托书和代理人有效身份证的原件及复印件。 债权人为自然人的，需同时携带有效身份证的原件及复印件；委托他人申报 的，除上述文件外，还需携带授权委托书和代理人有效身份证件的原件及复印件。 债权申报具体方式如下： 1、申报时间：2025 年 9 月 9 日起 45 天内（9:00-11:30;13:30-17:00，双 休日及法定节假日除外）。债权人可以采取现场、邮寄方式进行债权申报，以邮 寄方式申报的，以公司收到文件日为准，请注明"申报债权"字样。 关于注销公司回购专用证券账户库存股通知债权人的 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。 上海锦江国际酒店股份有限公司（以下简称"公司"）于 2025 年 9 月 8 日 以通讯表决方式召开第十一届董事会第六次会议，审议通过了《关于注销公司回 购专用证券账户库存股的议案》。根据该议案，公司拟对回购专用证券账户中的 剩 ...

证券代码：600754/900934 证券简称：锦江酒店/锦江B股 公告编号：2025-050 上海锦江国际酒店股份有限公司 关于注销公司回购专用证券账户库存股的公告 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。 上海锦江国际酒店股份有限公司（以下简称"公司"）于 2025 年 9 月 8 日以 通讯表决方式召开第十一届董事会第六次会议，会议审议通过了《关于注销公司回 购专用证券账户库存股的议案》，拟注销回购专用账户中剩余 1,120,360 股公司股 份。现将相关事项公告如下： 一、公司回购股份概况 2024 年 8 月 9 日，公司召开第十届董事会第三十二次会议，审议通过《关于以 集中竞价交易方式回购公司股份方案的议案》，同意本次回购的股份拟用于实施股 权激励计划，回购的股份如未能在发布回购结果暨股份变动公告后 3 年内用于上述 用途的，未使用的已回购股份将依据相关法律法规的规定予以注销。具体内容详见 公司于 2024 年 8 月 10 日披露于上海证券交易所（www.sse.com.cn）和指定媒体的 《上海锦江国际酒 ...