Core Viewpoint - Shanghai Jin Jiang International Hotel Co., Ltd. has completed the registration of the reserved grant of restricted stock under its 2024 incentive plan, with a total of 845,400 shares reserved for grant [1] Summary by Sections Restricted Stock Grant Situation - The company held a board meeting on August 8, 2025, approving the reserved grant of restricted stock to 108 incentive objects, with a total of 845,400 shares granted, down from the initially planned 913,800 shares due to 9 participants voluntarily waiving their rights [1][2] Distribution of Restricted Stock - The distribution of the granted restricted stock includes 2.46 million shares (2.91% of total granted) to the Vice President and 82.08 million shares (97.09% of total granted) to 107 middle management and core personnel [3] Validity and Lock-up Period - The validity period of the reserved restricted stock is up to 60 months from the completion of registration, with a lock-up period of 24 months during which the shares cannot be transferred or used as collateral [4][6] Subscription Fund Verification - The company received a total of RMB 9,426,210.00 from 108 incentive objects for the subscription of the restricted stock, verified by a third-party accounting firm [8] Registration of Restricted Stock - The company has completed the registration of 845,400 shares of restricted stock with the China Securities Depository and Clearing Corporation, with the registration date set for September 2, 2025 [9] Impact on Shareholder Structure - The grant of restricted stock will not change the control of the company as the shares are sourced from the company's repurchased A-shares [9] Use of Raised Funds - The funds raised from the restricted stock incentive plan will be used to supplement the company's working capital [9] Financial Impact of the Grant - The company will recognize the incentive cost associated with the restricted stock grant in its financial statements over the vesting period, impacting regular profit and loss [10][11]

Group 1 - The company, Jinjiang Hotels, announced the signing of a guarantee contract with CITIC Bank Shanghai Branch for a €40 million working capital loan for its wholly-owned subsidiary GDL [2] - As of the date of the announcement, the total external guarantees provided by the company and its wholly-owned subsidiaries amounted to RMB 911,220.41 million, with euro guarantees accounting for RMB 844,220.41 million and RMB guarantees for RMB 67,000.00 million [2] - The total guarantees represent 59.14% of the company's most recent audited net assets attributable to shareholders, and there are no overdue guarantees [2]

Group 1 - The core point of the article is that Jinjiang Hotels has signed a guarantee contract with CITIC Bank for a €40 million liquidity loan for its wholly-owned subsidiary GDL, which has been approved by the company's board and shareholders [1] - For the first half of 2025, Jinjiang Hotels' revenue composition includes: 37.3% from continuous franchise services, 36.64% from hotel room sales, 6.49% from booking channels, 6.22% from food and beverage services, and 4.36% from membership card income [1] - As of the report date, Jinjiang Hotels has a market capitalization of 24.5 billion yuan [1]

证券代码：600754/900934 证券简称：锦江酒店/锦江 B 股 公告编号：2025-048 上海锦江国际酒店股份有限公司 2024 年限制性股票激励计划预留授予结果公告 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： ●限制性股票预留授予登记日：2025 年 9 月 2 日 ●限制性股票预留授予登记数量：845,400 股 根据《上市公司股权激励管理办法》的规定，按照上海证券交易所、中国证 券登记结算有限责任公司上海分公司的有关要求，上海锦江国际酒店股份有限公 司（以下简称"公司"或"本公司"）于近日在中国证券登记结算有限责任公司 上海分公司办理完成公司 2024 年限制性股票激励计划（以下简称"激励计划"） 的预留授予登记工作，现将相关事项公告如下： 一、限制性股票授予情况 公司于 2025 年 8 月 8 日召开第十一届董事会第四次会议，审议通过了《关于 向 2024 年限制性股票激励计划激励对象授予预留部分限制性股票的议案》。公司 董事会薪酬与考核委员会发表了核查意见。预留授予具体情况如下： （一 ...

证券代码：600754/900934 证券简称：锦江酒店/锦江B股 公告编号：2025-049 上海锦江国际酒店股份有限公司 关于为全资子公司 GDL 提供担保的公告 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： 被担保人名称：Groupe du Louvre（卢浮集团，以下简称"GDL"） 本次担保金额：4,000 万欧元，截至本公告日，公司为 GDL 担保的余额为 21,350 万欧元。 特别风险提示：GDL 存在资产负债率超过 70%的情形，请投资者注意投资 风险。 一、担保情况概述 于 2025 年 9 月 4 日，上海锦江国际酒店股份有限公司（以下简称"锦江酒店"、 "本公司"或"公司"）与中信银行股份有限公司上海分行（以下简称"中信银 行"）就 GDL 申请 4,000 万欧元流动资金贷款合同签署《保证合同》。 上述担保事项已经公司第十届董事会第三十八次会议、2024年年度股东会审 议通过。股东会批准并授权公司经营管理层在不超过150,000万欧元的额度范围内 操作上海锦江股份（香港）有限公司（以 ...

Market Overview - The hotel and catering sector increased by 1.15% on September 4, with Tongqinglou leading the gains [1] - The Shanghai Composite Index closed at 3765.88, down 1.25%, while the Shenzhen Component Index closed at 12118.7, down 2.83% [1] Stock Performance - Key stocks in the hotel and catering sector showed varied performance, with Tongqinglou closing at 21.24, up 3.11%, and Quanjude at 12.78, down 0.16% [1] - The trading volume and turnover for major stocks included: - Junting Hotel: 25.31, up 1.61%, with a turnover of 494 million [1] - Huatian Hotel: 3.84, up 1.59%, with a turnover of 316 million [1] - Xianyin Restaurant: 10.30, up 1.38%, with a turnover of 570 million [1] Capital Flow - The hotel and catering sector experienced a net outflow of 86.87 million from institutional investors and 67.67 million from retail investors, while retail investors saw a net inflow of 155 million [1] - Detailed capital flow for selected stocks showed: - Junting Hotel: Institutional net inflow of 16.16 million, retail net inflow of 1.23 million [2] - Huatian Hotel: Institutional net inflow of 11.60 million, retail net outflow of 14.36 million [2] - Quanjude: Institutional net outflow of 38.44 million, retail net inflow of 56.47 million [2]

Group 1 - The 2025 National Day and Mid-Autumn Festival holiday will have a total of 8 consecutive days off, which is expected to boost travel demand [1] - The Chinese government announced a temporary visa-free policy for Russian passport holders from September 15, 2025, to September 14, 2026, leading to a significant increase in flight searches from Moscow [1] - South Korea will implement a temporary visa-free policy for Chinese group tourists starting September 29, 2025, lasting until June 2026, further enhancing travel opportunities [1] Group 2 - International flight bookings for popular cities have rebounded to over 50% of pre-pandemic levels during this summer, indicating a strong recovery in outbound tourism [2] - Japan and South Korea have emerged as popular destinations, with booking volumes increasing nearly tenfold compared to the beginning of the year, and flight prices dropping by approximately 40% [2] - Visa applications on the Fliggy platform surged over 13 times year-on-year in July, with Japan's visa applications surpassing 2019 levels [2] Group 3 - Various cities in China, including Guangdong, Hangzhou, and Chengdu, are set to issue cultural and tourism consumption vouchers in September to stimulate local tourism [3] - Guangdong will distribute 20 million yuan worth of vouchers starting September 12, while Chengdu will launch its second round of tourism accommodation vouchers from September 21 to October 28 [3] - Other regions, such as Huangshan and Yulin, are also implementing similar voucher programs to encourage spending in the tourism sector [3] Group 4 - The National Development and Reform Commission has proposed measures to cultivate new consumption scenarios in cultural tourism, aiming to create influential themed tourism routes [4] - Following this announcement, stocks related to tourism, such as Tibet Tourism and Dalian Shengya, experienced significant price increases [5] Group 5 - Related concept stocks include travel agencies like Zhongxin Tourism and China Youth Travel Service, scenic spots like Songcheng Performance and Huangshan Tourism, and hotel chains such as Jinjiang Hotels and Huazhu Group [8]

Group 1 - The core viewpoint of the article highlights that Jinjiang Hotels is pushing for an "A+H" listing while facing challenges such as domestic price cuts to maintain occupancy and significant overseas losses [1] - Jinjiang Hotels has received feedback from the China Securities Regulatory Commission regarding its overseas listing, which includes several inquiries about compliance with regulations [1][2] - The company is required to clarify whether its subsidiaries meet the criteria for overseas issuance and listing as per the relevant regulations [3] Group 2 - The regulatory feedback requests detailed information on the company's websites, apps, and data handling practices, including user information collection and cross-border data flow [1][3] - Jinjiang Hotels must provide legal opinions confirming compliance with tobacco retail licensing and foreign investment policies for its domestic subsidiaries [3] - The company is also asked to explain the intended use of raised funds and ensure alignment with overseas investment regulations [2][3]

Core Points - The company has approved the grant of 913,800 restricted stocks to 117 incentive objects at a price of 11.15 RMB per share as part of its 2024 restricted stock incentive plan [1][2] - As of August 20, 2025, the company has received a total of 9,426,210 RMB from 108 incentive objects for the stock subscription [2] - The stock structure has been updated, with 845,400 shares changing from unrestricted to restricted circulation, sourced from the company's repurchased A-shares [2] Group 1 - The company’s board approved the grant of restricted stocks on August 8, 2025, as part of the 2024 incentive plan [1] - The subscription payment for the incentive plan has been verified, confirming the amount received from the incentive objects [2] - The stock structure remains unchanged in total shares, but the classification of some shares has been modified [2]

证券代码：600754/900934 证券简称：锦江酒店/锦江 B 股 公告编号：2025-047 上海锦江国际酒店股份有限公司 关于股份性质变更暨 2024 年限制性股票激励计划 权益授予的进展公告 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。 根据《上市公司股权激励管理办法》、上海证券交易所和上海锦江国际酒店 股份有限公司（以下简称"公司"或"本公司"）2024 年限制性股票激励计划 （以下简称"本激励计划"）的规定，本激励计划限制性股票预留授予条件已经 成就。根据公司 2024 年第一次临时股东大会授权，公司于 2025 年 8 月 8 日召开 第十一届董事会第四次会议，审议通过了《关于向 2024 年限制性股票激励计划 激励对象授予预留部分限制性股票的议案》，同意以 2025 年 8 月 8 日为预留授 予日，向 117 名激励对象授予 91.38 万股限制性股票，授予价格为 11.15 元/股。 具体内容详见公司披露的相关公告。 公司股本结构变更情况如下： 1 | 股份类型 | 本次变更前 | | 增减变动 | 本 ...