截至发稿，缪玮彬累计任职时间8年265天，现任基金资产总规模13.5亿元，任职期间最佳基金回报 491.35%， 任职期间最差基金回报-28.79%。 数据显示，金元顺安基金旗下1只基金位居华天酒店十大流通股东。金元顺安元启灵活配置混合 （004685）二季度增持40万股，持有股数350万股，占流通股的比例为0.34%。根据测算，今日浮盈赚 取约66.5万元。 金元顺安元启灵活配置混合（004685）成立日期2017年11月14日，最新规模13.5亿。今年以来收益 26.62%，同类排名2601/8180；近一年收益54.08%，同类排名2050/7978；成立以来收益491.35%。 金元顺安元启灵活配置混合（004685）基金经理为缪玮彬。 9月4日，华天酒店涨5.03%，截至发稿，报3.97元/股，成交1.51亿元，换手率3.87%，总市值40.45亿 元。 资料显示，华天酒店集团股份有限公司位于湖南省长沙市芙蓉区解放东路300号华天大酒店贵宾楼五 楼，成立日期1996年8月3日，上市日期1996年8月8日，公司主营业务涉及酒店服务及旅游地产等业务。 主营业务收入构成为：餐饮34.69%，客房32.85 ...

矩阵股份：全资子公司引入战略投资者集福基金 9月9日晚，莫高股份（600543）发布公告称，公司副总经理金宝山因工作调动，于2025年9月9日提交辞 职报告，辞去公司副总经理职务。辞职后，金宝山不再担任公司任何职务。 9月9日晚，矩阵股份（301365）发布公告称，全资子公司暗壳科技（深圳）有限公司以增资方式引入战 略投资者深圳集福新兴产业创业投资基金合伙企业（有限合伙）。集福基金以现金方式投资500万元， 认购暗壳科技新增注册资本，交易完成后将持有暗壳科技10%的股权。 资料显示，矩阵股份成立于2010年3月，主营业务是空间设计与软装陈设业务。 所属行业：建筑装饰–工程咨询服务Ⅱ–工程咨询服务Ⅲ 恒瑞医药：二十碳五烯酸乙酯软胶囊获批上市 9月9日晚，恒瑞医药（600276）发布公告称，子公司成都盛迪医药有限公司收到国家药品监督管理局通 知，批准公司二十碳五烯酸乙酯软胶囊上市。该药品主要用于降低重度高甘油三酯血症成年患者的甘油 三酯水平，并可与他汀类药物联合使用，降低心血管事件风险。 资料显示，恒瑞医药成立于1997年4月，主营业务是药品的研发、生产和销售。 所属行业：医药生物–化学制药–化学制剂 莫高股份： ...

华天酒店公告，公司控股子公司华天（湖南）投资有限责任公司通过公开挂牌方式转让其控股子公司娄 底华天酒店管理有限责任公司11%股权，挂牌价人民币767.68万元。交易完成后，娄底华天将不再纳入 公司合并报表范围。娄底华天已偿还第一笔拆借款7591.6万元和第二笔拆借款2000万元，但剩余已到期 款项2936.34万元未按期归还。近期，娄底华天应偿还剩余已到期款项合计1.74亿元。公司已发出《催收 告知函》，并与其积极协商。娄底华天请求暂缓归还，待经营提升后尽快归还。公司将继续追偿相关财 务资助款项，并保留采取法律手段的权利。截至本公告披露日，娄底华天应归还公司财务资助余额为 1.74亿元，占公司2024年度经审计净资产的11.21%。 ...

证券代码：000428 证券简称：华天酒店 公告编号：2025-024 华天酒店集团股份有限公司 关于拟转让娄底华天部分股权暨被动形成财务资助的 进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、对外提供财务资助概述 华天酒店集团股份有限公司（以下简称"公司"）分别于 2023 年 11 月 3 日 召开第八届董事会 2023 年第三次临时会议、2023 年 11 月 28 日召开 2023 年第 二次临时股东大会，审议并通过了《关于拟转让娄底华天部分股权暨被动形成财 务资助的议案》。为优化公司资产结构，提升公司资产流动性和运营效率，公司 控股子公司华天（湖南）投资有限责任公司（以下简称"华天投资"）通过公开 挂牌的方式转让其控股子公司娄底华天酒店管理有限责任公司（以下简称"娄底 华天"）11%股权，挂牌价人民币 767.68 万元。公司实际控制娄底华天期间为支 持娄底华天日常经营发生的拆借款在该交易完成后将被动形成财务资助，公司与 娄底华天就上述应付拆借款制定了还款计划，具体内容详见公司于 2023 年 11 月 7 日披露的《关于拟转让娄底华天 ...

Market Overview - The hotel and catering sector increased by 0.99% on September 5, with Junting Hotel leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Stock Performance - Junting Hotel (301073) closed at 26.05, with a rise of 2.92% and a trading volume of 176,600 shares, amounting to 443 million yuan [1] - Other notable stocks include: - ST Yunwang (002306): closed at 1.91, up 1.60% with a trading volume of 191,700 shares [1] - Jinjiang Hotel (600754): closed at 23.27, up 1.35% with a trading volume of 141,600 shares [1] - Tongqinglou (605108): closed at 21.50, up 1.22% with a trading volume of 105,300 shares [1] - Shoulv Hotel (600258): closed at 15.23, up 1.06% with a trading volume of 203,800 shares [1] - Huatian Hotel (000428): closed at 3.88, up 1.04% with a trading volume of 727,100 shares [1] - Jinling Hotel (601007): closed at 8.20, down 0.49% with a trading volume of 234,500 shares [1] - Quanjude (002186): closed at 12.71, down 0.55% with a trading volume of 176,700 shares [1] - Xi'an Catering (000721): closed at 10.22, down 0.78% with a trading volume of 469,400 shares [1] Capital Flow - The hotel and catering sector experienced a net outflow of 134 million yuan from institutional investors, while retail investors saw a net inflow of 133 million yuan [1] - Specific capital flows for key stocks include: - Shoulv Hotel: net inflow of 3.29 million yuan from institutional investors, but a net outflow of 15.44 million yuan from retail investors [2] - ST Yunwang: net inflow of 3.05 million yuan from institutional investors, with a net outflow of 1.88 million yuan from retail investors [2] - Jinjiang Hotel: net outflow of 8.19 million yuan from institutional investors, with a net inflow of 9.39 million yuan from retail investors [2] - Quanjude: net outflow of 8.65 million yuan from institutional investors, but a net inflow of 9.76 million yuan from retail investors [2] - Xi'an Catering: net outflow of 51.19 million yuan from institutional investors, with a net inflow of 64.94 million yuan from retail investors [2]

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]

Core Viewpoint - The hotel and catering sector experienced a rise of 0.91% on September 1, with Quan Juding leading the gains, while the overall market indices also showed positive performance [1][2]. Group 1: Market Performance - The Shanghai Composite Index closed at 3875.53, up by 0.46% [1] - The Shenzhen Component Index closed at 12828.95, up by 1.05% [1] Group 2: Individual Stock Performance - Quan Juding (002186) closed at 14.39, with a gain of 3.53% and a trading volume of 347,800 shares, totaling a transaction value of 492 million yuan [1] - Junting Hotel (301073) closed at 25.99, up by 3.22%, with a trading volume of 147,500 shares and a transaction value of 381 million yuan [1] - Jinling Hotel (601007) closed at 8.07, gaining 3.07%, with a trading volume of 231,300 shares and a transaction value of 185 million yuan [1] - Tongqinglou (605108) closed at 21.61, up by 2.42%, with a trading volume of 74,300 shares and a transaction value of 159 million yuan [1] - Huatian Hotel (000428) closed at 3.73, gaining 1.91%, with a trading volume of 295,800 shares and a transaction value of 110 million yuan [1] - Xi'an Catering (000721) closed at 10.55, up by 1.15%, with a trading volume of 821,200 shares and a transaction value of 880 million yuan [1] - Shoulv Hotel (600258) closed at 15.35, gaining 0.66%, with a trading volume of 322,200 shares and a transaction value of 493 million yuan [1] - *ST Yunwang (002306) closed at 1.88, up by 0.53%, with a trading volume of 186,200 shares and a transaction value of 34.93 million yuan [1] - Jinjiang Hotel (600754) closed at 23.04, down by 0.82%, with a trading volume of 159,000 shares and a transaction value of 367 million yuan [1] Group 3: Fund Flow Analysis - The hotel and catering sector saw a net outflow of 38.80 million yuan from institutional funds, while retail investors contributed a net inflow of 30.77 million yuan [2] - Speculative funds recorded a net inflow of 803.19 million yuan into the sector [2]

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]

Core Viewpoint - Huatian Hotel reported a significant decline in revenue and profit for the first half of 2025, indicating challenges in the hotel industry due to poor market conditions and rising operational costs [1][2][3] Financial Performance - The company's revenue for the first half of 2025 was 253 million yuan, a year-on-year decrease of 17.34% [1] - The net profit attributable to shareholders was -107 million yuan, down 35.46% year-on-year [1] - The basic earnings per share were -0.10 yuan [1] - The gross margin was 13.14%, a decrease of 10.64 percentage points compared to the previous year [1] - The net margin was -52.17%, down 20.17 percentage points year-on-year [1] Business Segment Performance - The hotel business generated revenue of 211 million yuan, a decline of 19.25% year-on-year, primarily due to poor market conditions and slow recovery in business and tourism demand [2] - The company's room revenue decreased by 23.65% year-on-year [2] - The company operates 48 hotels, with 46 opened, including 16 direct-operated and 30 managed hotels [2] Industry Context - The hotel industry is facing pressure with rational consumption returning in the cultural tourism sector, leading to declining performance, especially in the mid-to-high-end hotel market [2] - Rising costs in room and dining operations, including materials, equipment updates, and labor, are impacting profitability [2] Strategic Initiatives - The company is expanding into service sectors such as laundry, housekeeping, and material trade to support its overall performance amid a struggling hotel market [3] Financial Risks - As of the reporting period, total assets were 4.454 billion yuan, with accounts receivable at 39.82 million yuan [3] - The net cash flow from operating activities was 10.18 million yuan, a decline of 80.15% year-on-year [3] - Short-term borrowings amounted to 1.573 billion yuan, accounting for over 44% of total liabilities [3] - The company has faced continuous losses in net profit since 2014 due to excessive reliance on external financing for expansion [3] Company Overview - Huatian Hotel Group, established in 1996 and listed the same year, is based in Changsha, Hunan Province, with main business operations in hotel services and tourism real estate [3] - The revenue composition includes room services (36.67%), dining (33.75%), other services (21.99%), leasing (5.79%), and entertainment (1.80%) [3]

Core Viewpoint - Huazhen Hotel (000428) reported disappointing financial results for the first half of 2025, with significant declines in revenue and net profit compared to the previous year [1][3]. Financial Performance - Total revenue for the first half of 2025 was 253 million yuan, a decrease of 17.34% year-on-year [1]. - The net profit attributable to shareholders was -107 million yuan, down 35.46% year-on-year [1]. - In Q2 2025, total revenue was 134 million yuan, a decline of 19.54% year-on-year, with a net profit of -43.31 million yuan, down 35.75% [1]. Key Financial Ratios - Gross margin was 13.14%, a decrease of 44.75% year-on-year [1]. - Net margin was -52.17%, down 63.01% year-on-year [1]. - The ratio of selling, administrative, and financial expenses to revenue was 57.75%, an increase of 12.41% year-on-year [1]. Cash Flow and Debt Situation - Operating cash flow per share was 0.01 yuan, a decrease of 80.15% year-on-year [1]. - The current ratio was 0.29, indicating increased short-term debt pressure [1]. - Total interest-bearing liabilities increased to 2.064 billion yuan, up 8.01% year-on-year [1]. Changes in Financial Items - Short-term borrowings increased by 6.62% due to new borrowings [3]. - Long-term borrowings rose by 75.1% as expiring loans were renewed [3]. - The net cash flow from operating activities decreased by 80.15% due to declining performance [3]. Historical Performance and Investment Return - The company's historical return on invested capital (ROIC) has been poor, with a median of -1.74% over the past decade [4]. - The worst year for ROIC was 2020, at -8.16%, indicating a long-term trend of inadequate investment returns [4]. Financial Health Indicators - The ratio of cash and cash equivalents to current liabilities is only 2.93%, raising concerns about liquidity [5]. - The interest-bearing debt ratio has reached 46.33%, indicating a high level of leverage [5]. - Financial expenses have become a significant burden, with financial expenses to average operating cash flow ratio at 177.01% [5].