1.北京世纪华天酒店管理有限公司（以下简称"世纪华天"）为华天酒店集 团股份有限公司（以下简称"公司"）的参股公司，截至本公告披露日，公司持 有世纪华天49%股权。近日世纪华天股东湖南兴湘并购重组股权投资基金企业（有 限合伙）（以下简称"兴湘并购基金"）拟将其持有的世纪华天31%股权作价 32,863.69万元转让给湖南兴湘资产经营管理集团有限公司（以下简称"兴湘资 产"）。根据《公司法》有关规定，公司对上述转让的股权享有在同等条件下的 优先购买权，经综合考虑，公司将放弃本次优先购买权。 2.公司于2023年8月25日召开第八届董事会第六次会议，审议通过了《关于 放弃参股公司股权优先购买权的议案》，同意公司放弃参股公司世纪华天31%股 权的优先购买权。 证券代码：000428 证券简称：华天酒店 公告编号：2023-025 华天酒店集团股份有限公司 关于放弃参股公司股权优先购买权的公告 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、放弃权利事项概述 3.本次放弃优先购买权不构成关联交易，不构成《上市公司重大资产重组管 理办法》规定的重大资产重组。根据《深 ...

第一章 总 则 第一条 为加强和规范华天酒店集团股份有限公司（以下 简称"公司"）内部控制，完善自我约束机制，提高风险防 范能力，促进公司可持续发展，根据《中华人民共和国公司 法》《中华人民共和国证券法》《企业内部控制基本规范》 等法律法规和《公司章程》规定，结合公司实际，制订本制度。 第二条 本制度所称内部控制是由公司董事会、监事会、 经理层和全体员工实施的、旨在实现控制目标的过程。 第三条 内部控制管理目标 （一）确保公司经营管理合法合规，以及内部规章制度 的贯彻执行； （二）建立良性的内部环境，提高经营效率和效果，促 进公司实现发展战略； （三）建立切实有效的风险管理机制，从而保证公司的 经营管理和资产的安全； （二）重要性原则：公司内部控制在全面控制的基础上， 关注重要业务事项和高风险领域。 （四）保证内部、外部的信息有效沟通，财务报告及相 关信息的真实、完整。 （三）制衡性原则：公司内部控制在治理结构、机构设 置及权责分配、业务流程等方面形成相互制约、相互监督， 同时兼顾运营效率。 （四）适应性原则：内部控制要结合公司实际情况，与 公司经营规模、业务范围、竞争状况和风险水平等相适应， 并随着外部经济 ...

第二条 本办法所称对外担保是指上市公司为他人提供 的担保，包括上市公司对控股子公司的担保。本办法所称公 司及其子公司的对外担保总额，是指包括上市公司对控股子 公司担保在内的上市公司对外担保总额与上市公司控股子 公司对外担保总额之和。 担保的方式包括：保证（一般保证、连带责任保证）、 抵押、质押等，也包括出具有担保效力的共同借款合同、差 额补足承诺、安慰承诺等支持性函件的隐性担保。 第三条 为他人提供担保应当遵循合法、审慎、互利、安 全的原则，严格控制担保风险。 第一章 总则 第一条 为进一步规范华天酒店集团股份有限公司（以 下简称"公司"）的担保行为，防范和控制担保风险，确保 公司资产安全和保护投资者的合法权益，根据《中华人民共 和国公司法》《中华人民共和国民法典》《上市公司监管指 引第 8 号——上市公司资金往来、对外担保的监管要求》等 法律法规及《公司章程》有关规定，结合公司实际，特制定 本办法。 华天酒店集团股份有限公司 对外担保管理办法 第四条 本办法适用于公司及控股子公司（以下简称"各 单位"）。 —1 — 第二章 担保的一般规定 第五条 公司对外担保必须经董事会或股东大会审议。 应由董事会审批的对 ...

证券代码：000428 证券简称：华天酒店 公告编号：2023-022 华天酒店集团股份有限公司 第八届董事会第六次会议决议公告 2.审议通过了《关于放弃参股公司股权优先购买权的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 详见公司同日在《证券时报》《证券日报》《上海证券报》《中国证券报》 及巨潮资讯网上披露的《关于放弃参股公司股权优先购买权的公告》。 二、董事会会议审议情况 本次会议经审议形成如下决议： 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。 1.审议通过了《公司 2023 年半年度报告》(全文及摘要) 一、董事会会议召开情况 表决结果：同意 9 票，反对 0 票，弃权 0 票。 华天酒店集团股份有限公司（以下简称"公司"）第八届董事会第六次会议 于 2023 年 8 月 25 日在湖南华天大酒店贵宾楼四楼湘江厅以现场结合通讯方式召 开。本次会议已于 2023 年 8 月 15 日以书面和电子邮件的方式通知全体董事。公 司董事 9 名，实际参加表决的董事 9 名。其中，副董事长邓永平先生、董事向军 先生以通讯表决方式参加会议，独立董事 ...

3.报告期内,控股股东及附属企业经营性占用公司资金的年初金额为 635.32 万元，本期累计发生额为 370.38 万元，收到偿还金额 426.19 万元，本 期期末往来资金余额 579.51 万元。经核查，以上资金往来均为正常的生产经营 所需，按市场公允价格交易，不存在关联方违规占用公司资金的情况。 （二）公司对外担保情况 1.报告期内，公司已审批对外担保额度为 43,719.54 万元，对外担保实际发 生额为 43,719.54 万元。 华天酒店集团股份有限公司 第八届董事会第六次会议独立董事意见 根据《上市公司独立董事规则》《深圳证券交易所股票上市规则》《深圳证 券交易所上市公司自律监管指引第 1 号--主板上市公司规范运作》和《公司章程》 等有关规定，我们作为华天酒店集团股份有限公司（以下简称"公司"）第八届 董事会的独立董事，经过审慎、认真的核查和监督，现就公司第八届董事会第六 次会议有关事项发表如下独立意见： 一、关于控股股东及其他关联方占用公司资金、公司对外担保情况的专项 说明和独立意见 （一）公司控股股东及其他关联方占用公司资金情况 1.报告期内,公司控股股东不存在非经营性占用公司资金或以前期 ...

华天酒店集团股份有限公司 资产抵押贷款的公告 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、交易情况概述 华天酒店集团股份有限公司（以下简称"公司"）分别于 2023 年 4 月 26 日、2023 年 5 月 18 日召开第八届董事会第五次会议和 2022 年度股东大会，审 议通过了《关于公司 2023 年申请融资综合授信的议案》，同意公司 2023 年向中 国农业银行股份有限公司湖南省分行（以下简称"农业银行"）申请授信额度 60,000 万元，授信期限一年，并在此额度以内办理贷款。本次授信额度内部分 贷款公司以全资子公司湖南国际金融大厦有限公司（以下简称"国金公司"）位 于湖南省长沙市开福区芙蓉中路八一桥北侧部分房产进行抵押（抵押期间覆盖贷 款期间），具体内容以与农业银行实际签署的相关合同为准。 二、抵押资产情况 本次贷款公司以全资子公司国金公司位于湖南省长沙市开福区芙蓉中路八 一桥北侧部分房产进行抵押，房屋所有权证为长房权证开福字第 709125138 号、 国有土地使用证为长国用（2010）第 089776 号等 174 套房产，房屋总建筑面积 ...

Financial Performance - The company's operating revenue for 2022 was ¥473.59 million, a decrease of 20.29% compared to ¥594.15 million in 2021[21]. - The net profit attributable to shareholders for 2022 was a loss of ¥310.70 million, representing a decline of 468.87% from a profit of ¥84.23 million in 2021[21]. - The net cash flow from operating activities was ¥5.09 million, down 84.49% from ¥32.81 million in 2021[21]. - Basic earnings per share for 2022 were -¥0.3049, a decrease of 468.68% compared to ¥0.0827 in 2021[21]. - The net profit excluding non-recurring gains and losses was -¥358.98 million, a slight increase in loss of 1.21% compared to -¥354.67 million in 2021[21]. - The company experienced a significant decline in both revenue and profit due to adverse market conditions[21]. - The total assets of Huatian Hotel Group at the end of 2022 were approximately CNY 5.30 billion, a decrease of 5.90% compared to the end of 2021[22]. - The weighted average return on net assets for 2022 was -15.85%, compared to 4.07% in 2021[22]. - The hotel industry revenue for 2022 was CNY 418.86 million, a decrease of 23.16% compared to the previous year[34]. - The company reported non-recurring gains and losses of CNY 48.28 million in 2022, significantly lower than CNY 438.90 million in 2021[29]. Strategic Plans and Risk Management - Future strategic plans and risk management measures are outlined in the management discussion section of the report[5]. - The company emphasizes the importance of risk awareness for investors regarding forward-looking statements in the report[5]. - The company aims to optimize its asset-light model and has adjusted its franchise policies to accelerate brand expansion[38]. - The company is focusing on five potential growth markets, including new opportunities in leisure and vacation, and the integration of digital technology[88]. - The company is committed to enhancing its brand influence and operational capabilities through standardized brand construction and a focus on light asset operations[94]. Operational Developments - The company has undergone changes in its controlling shareholder, with the latest change occurring in April 2022[20]. - The company has implemented a digital management system covering 7 business segments and 18 management systems, enhancing operational efficiency[39]. - The company has established a comprehensive life service platform, integrating laundry, housekeeping, property management, and group meal services[39]. - The company has achieved a procurement online rate of 87.57%, optimizing its procurement standards and enhancing cost efficiency[39]. - The company has established a comprehensive training system to enhance the professional development of its management team and ensure the continuity of its core corporate culture[45]. Market Conditions and Challenges - The company faces uncertainty regarding its ability to continue as a going concern, as indicated by the negative net profits over the last three accounting years[22]. - The hotel industry is facing challenges due to complex international conditions and domestic economic fluctuations, necessitating a proactive strategy to capture market opportunities[89]. - The company faces risks from rising operational costs due to inflation, which could pressure profit margins if room rates and occupancy do not improve[95]. - The company is actively working to optimize its debt structure to mitigate financial risks associated with high short-term liabilities[95]. Governance and Compliance - The company has established a complete and independent governance structure, ensuring compliance with relevant laws and regulations[100]. - The company maintains complete independence from its controlling shareholder in terms of personnel, assets, finance, organization, and business operations[102]. - The company has committed to resolving any competition issues with its controlling shareholder within a five-year period[103]. - The company is focused on maintaining compliance with regulatory requirements related to shareholder meetings and corporate governance[105]. - The company has committed to a long-term promise to avoid conflicts of interest and protect minority shareholders' rights[156]. Employee and Social Responsibility - The total number of employees at the end of the reporting period was 2,811, with 93 in the parent company and 2,718 in major subsidiaries[134]. - The company actively participated in social responsibility initiatives, providing support worth nearly 60,000 yuan for elderly care, disability assistance, and education[150]. - The company contributed to pandemic response by accommodating over 13,000 medical personnel and quarantine individuals in its hotels during specific periods[150]. - The company has established a comprehensive training system to enhance employee skills and management levels, ensuring the transmission of core corporate culture[136]. Legal and Financial Liabilities - The company is involved in a legal dispute regarding the ownership of 38% equity in Beijing Haobo, which is pledged as collateral[175]. - The company has initiated bankruptcy proceedings for Beijing Haobo, which has submitted a claim for bankruptcy debts[175]. - The company has made provisions for potential liabilities related to the lawsuit, reflecting a reasonable estimate of possible financial impacts[173]. - The company has committed to covering debts beyond the 700 million yuan associated with Beijing Haobo as part of its capital increase agreement[175]. Related Party Transactions - The total related party transaction amount with Hunan Xingxiang Investment Holding Group was 148.85 million yuan, representing 0.42% of similar transactions[185]. - The company ensured that all related party transactions were conducted at fair market prices[185]. - All related party transactions were approved and did not exceed the approved limits[185]. - The actual total amount of related party transactions during the reporting period did not exceed the expected total amount, but there was a situation where it was more than 20% lower than expected due to fluctuations in effective demand[187].

Financial Performance - The company's operating revenue for Q1 2023 was ¥133,042,474.07, representing a 25.73% increase compared to ¥105,818,618.02 in the same period last year[4] - The net profit attributable to shareholders was -¥43,838,419.23, a decrease of 31.93% from -¥33,229,774.90 year-on-year[4] - The net loss for Q1 2023 was CNY 59,700,796.23, compared to a net loss of CNY 55,140,375.92 in Q1 2022, indicating a worsening of 8.5%[19] - The operating profit for the period was a loss of CNY 60,401,716.05, slightly higher than the loss of CNY 56,762,136.10 in the previous year[17] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.0430, compared to CNY -0.0326 in the same quarter last year[19] Cash Flow - The net cash flow from operating activities improved significantly to ¥3,645,575.98, compared to -¥22,727,535.19 in the previous year, marking a 116.04% increase[4] - The cash inflow from operating activities was CNY 126,816,286.20, an increase of 20.7% compared to CNY 105,099,142.20 in the previous period[21] - The company reported a total cash outflow from operating activities of CNY 123,170,710.22, which is lower than CNY 127,826,677.39 in the previous period[21] - The company's cash outflow for employee payments was CNY 50,974,283.35, an increase from CNY 48,982,032.67 in the previous period[21] - The company's cash outflow for taxes paid was CNY 13,580,828.25, compared to CNY 12,036,938.83 in the previous period, reflecting an increase in tax obligations[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,095,772,762.53, down 3.78% from ¥5,295,913,281.57 at the end of the previous year[4] - The company's equity attributable to shareholders decreased by 2.43% to ¥1,763,143,301.12 from ¥1,806,981,720.35 at the end of the previous year[4] - The company's current assets totaled CNY 932,563,426.67, down from CNY 1,077,753,252.01 at the beginning of the year, indicating a decline of approximately 13.5%[14] - The cash and cash equivalents were reported at CNY 61,764,911.16, significantly lower than CNY 185,801,319.14 at the start of the year, reflecting a decrease of about 66.8%[14] - The company's total liabilities stood at CNY 4,198,962,426.67, down from CNY 4,218,160,029.56, showing a slight decrease of about 0.5%[15] Operational Efficiency - Management expenses decreased by 34.99% to ¥48,943,284.57, due to the adjustment of energy costs to operating costs[8] - The company is focusing on cost management, as evidenced by the reduction in management expenses from CNY 75,285,033.71 to CNY 48,943,284.57, a decrease of approximately 35%[17] - The total operating costs decreased to CNY 208,100,246.39 from CNY 228,691,234.37, representing a reduction of approximately 9%[17] Accounts and Receivables - The company reported a significant increase in accounts receivable by 48.42%, reaching ¥45,532,806.86, attributed to increased hotel consumption[8] - Accounts payable increased to CNY 225,507,359.06 from CNY 221,204,792.98, indicating a rise of approximately 1.4%[15] Government Support - The company received government subsidies amounting to ¥1,303,759.76 during the reporting period, which are closely related to its normal business operations[5] Investment Activities - The cash inflow from investment activities totaled CNY 55,288,202.47, down from CNY 80,031,466.12 in the previous period[22] - The net cash flow from investment activities was CNY 41,567,750.38, compared to CNY 38,078,077.48 in the previous period, indicating a positive trend[22] Financing Activities - The cash inflow from financing activities was CNY 367,206,105.22, a decrease from CNY 704,000,000.00 in the previous period[22] - The net cash flow from financing activities was negative CNY 169,249,734.34, contrasting with a positive CNY 15,315,246.90 in the same period last year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 59,911, with the largest shareholder holding 32.48% of the shares[11] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[14] - There were no significant mergers or acquisitions reported during the quarter[14]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥223,880,382.79, a decrease of 26.62% compared to ¥305,113,332.32 in the same period last year[20]. - The net loss attributable to shareholders was ¥122,930,968.12, an improvement of 20.40% from a loss of ¥154,428,766.00 in the previous year[20]. - The basic earnings per share were -¥0.1206, an improvement of 20.45% compared to -¥0.1516 in the same period last year[20]. - The weighted average return on equity was -5.99%, an improvement of 1.77% from -7.76% in the previous year[20]. - The company's total revenue for the reporting period was ¥223,880,382.79, a decrease of 26.62% compared to ¥305,113,332.32 in the same period last year[40]. - The cost of sales decreased by 13.10% to ¥203,936,092.16 from ¥234,671,334.83 year-on-year[40]. - The net cash flow from operating activities was ¥1,089,424.21, reflecting a slight increase of 2.68% from ¥1,061,008.97 in the prior year[20]. - The net cash flow from investing activities improved significantly by 161.74%, reaching ¥27,328,129.53, due to income from the "Tenglong Huanniao" project[40]. - The company reported a net profit of 23.35 million yuan from Hunan Huatian Hotel Co., Ltd., contributing significantly to overall performance[60]. - The total operating revenue for the first half of 2022 was CNY 223.88 million, a decrease of 26.67% compared to CNY 305.11 million in the first half of 2021[146]. - The net loss for the first half of 2022 was CNY 134.38 million, an improvement from a net loss of CNY 191.37 million in the first half of 2021[146]. - The total comprehensive income for the first half of 2022 was a loss of CNY 135,273,924.35, compared to a loss of CNY 188,670,131.64 in the first half of 2021[148]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,395,230,718.10, down 4.14% from ¥5,628,115,630.42 at the end of the previous year[20]. - The net assets attributable to shareholders decreased by 5.82% to ¥1,990,176,406.34 from ¥2,113,107,374.46 at the end of the last year[20]. - The company's short-term borrowings increased by 4.65% to ¥1,889,658,045.87, accounting for 35.02% of total assets[45]. - The company's current assets totaled RMB 1,122,473,575.64, down from RMB 1,236,666,106.39 at the beginning of the year, indicating a decrease of about 9.2%[139]. - Total liabilities decreased to CNY 2.95 billion as of June 30, 2022, from CNY 2.75 billion at the beginning of the year[145]. - The company's equity attributable to shareholders was CNY 2.97 billion as of June 30, 2022, compared to CNY 2.95 billion at the beginning of the year[145]. Cash Flow - The net cash flow from operating activities increased by 2.68% to ¥1,089,424.21 compared to ¥1,061,008.97 in the previous year[40]. - The cash and cash equivalents at the end of the period were significantly impacted by the aforementioned factors, leading to a substantial decrease[40]. - The ending balance of cash and cash equivalents increased to CNY 189,988,305.81 from CNY 158,590,883.33, showing a positive liquidity position[155]. - The company reported a significant increase in cash flow from operating activities, reflecting improved liquidity management[146]. - The cash flow from operating activities for the parent company was negative at CNY 47,592,623.54, worsening from a negative CNY 5,183,392.89 in the same period last year, suggesting operational challenges[156]. Business Segments - The hotel segment generated revenue of 194.81 million yuan, down 30.57% from 280.58 million yuan in the same period last year, primarily due to pandemic-related restrictions[30]. - The life services segment's revenue increased to 8.44% of total revenue, up from less than 5% at the end of 2021[30]. - Revenue from the hotel services sector was ¥194,811,987.84, accounting for 87.02% of total revenue, down 30.57% year-on-year[41]. - Revenue from the dining segment decreased by 33.85% to ¥77,636,471.67, representing 34.68% of total revenue[41]. Strategic Initiatives - The company aims to enhance its asset utilization and value through a light asset model, focusing on leasing, management, and joint development in key urban areas[35]. - The company plans to expand its service offerings in the life services sector, including laundry, housekeeping, and property management, under a "4+1" business model[32]. - The company is committed to a three-year action plan aimed at strengthening its core hotel business and enhancing overall service quality[31]. - The company is actively exploring new brand alliance models and accelerating hotel management layouts to adapt to industry restructuring[62]. - The company plans to focus on market expansion and new product development in the upcoming quarters to drive future growth[146]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company held four shareholder meetings during the reporting period, with investor participation rates ranging from 55.46% to 55.94%[66]. - The company has undergone changes in its board of directors, with several resignations and new appointments in 2022[67]. - The company emphasized the importance of protecting shareholder rights and maintaining communication with investors, responding to 60 inquiries and conducting 6 investor calls[74]. Legal and Compliance - The company is involved in ongoing litigation related to Beijing Haobo, with a potential liability of RMB 50.22 million[87]. - The company has made provisions for bad debts amounting to RMB 219.87 million related to other receivables from Beijing Haobo[87]. - The company has no violations regarding external guarantees during the reporting period[83]. - The semi-annual financial report for 2022 was not audited[82]. Market Conditions - In the first half of 2022, the total number of domestic tourism trips in China was 1.455 billion, a decrease of 22.2% year-on-year[29]. - The hotel industry is expected to recover gradually, supported by the easing of travel restrictions and increasing demand for business and leisure travel[29]. - The economic environment in 2022 has led to a contraction in consumer spending in the hotel sector, influenced by reduced disposable income and ongoing pandemic effects[63]. Related Party Transactions - The total amount of related party transactions for the reporting period is estimated at 6,150 million yuan, with 750 million yuan for sales of products and services, and 4,750 million yuan for accepting services and leasing[103]. - The actual amount of related party transactions during the reporting period did not exceed the estimated total amount, but there were instances where actual amounts were more than 20% lower than estimated due to fluctuations in effective demand[103]. - The company’s related party transactions include sales of products, services, and leasing agreements, all adhering to market pricing principles[102]. Social Responsibility - The company actively engaged in social responsibility initiatives, including donations and support for pandemic response efforts[76]. - The company has been recognized for its contributions to social responsibility, particularly in supporting government pandemic response efforts[76]. - The company is committed to sustainable development and has integrated environmental protection into its management practices[75].

Financial Performance - The company's operating revenue for Q1 2022 was ¥105,818,618.02, a decrease of 16.66% compared to ¥126,976,268.76 in the same period last year[3] - The net profit attributable to shareholders was -¥33,229,774.90, an improvement of 67.71% from -¥102,916,867.35 year-on-year[3] - The net cash flow from operating activities was -¥22,727,535.19, showing a 38.73% improvement compared to -¥37,091,235.75 in the previous year[3] - The company reported a net loss of CNY 495,326,182.32 for the period, compared to a loss of CNY 462,096,407.42 at the beginning of the year[19] - Net profit for the current period was -¥55,140,375.92, an improvement from -¥121,376,858.17 in the previous period, indicating a reduction in losses[21] - The company reported a basic and diluted earnings per share of -¥0.0326, an improvement from -¥0.1010 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,542,326,079.21, a decrease of 1.52% from ¥5,628,115,630.42 at the end of the previous year[4] - The company's total liabilities were CNY 3,817,673,986.85, down from CNY 3,837,786,887.38, showing a decrease of about 0.5%[18] - The company’s total equity attributable to shareholders decreased by 1.57% to ¥2,079,877,599.56 from ¥2,113,107,374.46 at the end of the previous year[4] - The equity attributable to the owners of the parent company was CNY 2,079,877,599.56, down from CNY 2,113,107,374.46, reflecting a decline of approximately 1.6%[19] - Total current liabilities decreased slightly to CNY 3,526,223,086.32 from CNY 3,542,475,230.66, a reduction of approximately 0.5%[18] Cash Flow and Investments - The company's cash and cash equivalents increased to CNY 211,456,410.21 from CNY 193,437,888.36, reflecting a growth of approximately 11.7%[16] - Investment activities generated a net cash flow of ¥38,078,077.48, compared to -¥24,462,591.66 in the previous period, indicating a positive turnaround[26] - The company achieved a total cash inflow from financing activities of ¥704,000,000.00, compared to ¥950,060,264.48 in the previous period, reflecting a decrease in financing[27] Operational Metrics - The company reported a significant increase in accounts receivable, which rose by 87.92% to ¥35,494,177.74 due to increased hotel consumption[9] - The average daily rate (ADR) for the hotels increased by 10% year-over-year, reaching RMB 500 in Q1 2022[29] - The company achieved an occupancy rate of 70% in Q1 2022, up from 65% in the same period last year[29] Strategic Initiatives - Huazhu Group plans to open 300 new hotels in 2022, expanding its footprint in both urban and suburban markets[29] - The company has invested RMB 200 million in technology upgrades to enhance customer experience and operational efficiency[29] - Huazhu Group is exploring potential acquisitions to strengthen its market position and diversify its offerings[29] - Huazhu Group is focusing on sustainability initiatives, aiming to reduce energy consumption by 15% across its properties by 2025[29] Revenue and Growth Expectations - Huazhu Group reported a total revenue of RMB 4.5 billion for Q1 2022, representing a year-over-year increase of 15%[29] - The company expects a revenue growth of 20% for the full year 2022, driven by increased travel demand and new hotel openings[29] - The company incurred total sales expenses of ¥4,274,587.22, a slight decrease from ¥4,609,566.42 in the previous period[20] - Total management expenses were ¥75,285,033.71, down from ¥80,991,956.77 in the previous period, showing cost control efforts[20]