"这是地方国资产业雄心与资本理性的双重体现。"国研新经济研究院创始院长朱克力在接受上海证券报 记者采访时表示，湖北国资选择收购标的始终紧扣"补链强链"逻辑，凯龙股份的化工合成技术可嫁接新 能源材料，台基股份的车规级IGBT芯片可补半导体产业痛点，君亭酒店则成为文旅消费升级的桥梁。 这种布局既非盲目追热点，也非单纯"囤壳"，而是通过资本手段将外部优质资产与湖北本土产业禀赋的 深度绑定。 据记者不完全统计，2023年至2025年，湖北国资平台以控股、并购等方式实际控制或拟控制的A股公司 约有15家。其中，湖北省级产业投资核心平台长江产业投资控股了万润科技、奥特佳、广济药业、凯龙 股份、台基股份等5家公司，其还是长江证券的第一大股东；湖北文旅控股君亭酒店和上海雅仕；湖北 交投控股超卓航科、楚天高速和微创光电。 湖北省属国资人士此前在接受媒体采访时称，省内一直都在强调要"做多上市户数"，大型省级国资平台 每年都有并购计划在推进。他还提到，2024年"并购六条"发布之后，从上至下都在加大对于并购的关 注，工作汇报中已经将其纳入必要项。 ◎记者 丁鹏 日前，荆州国资旗下荆江实业抛出24.37亿元收购方案，拟受让ST易事特 ...

| 603536 | 惠发食 品 | 5.46 | 10.82 | 3277.91 | 10.04 | | --- | --- | --- | --- | --- | --- | | 002419 | 天虹股 | 4.60 | 6.49 | 2591.31 | 6.04 | | | 份 | | | | | | 300999 | 金龙鱼 | 0.59 | 1.92 | 2229.88 | 7.42 | | 002124 | 天邦食 | 0.35 | 2.99 | 1901.95 | 11.24 | | | 品 | | | | | | 603363 | 傲农生 | 2.10 | 3.87 | 1682.45 | 5.57 | | | 物 | | | | | | | 光明肉 | | | | | | 600073 | 业 | 1.10 | 1.32 | 1178.88 | 14.80 | | 002746 | 仙坛股 | 0.50 | 1.66 | 845.79 | 12.02 | | | 份 | | | | | | 600257 | 大湖股 | -3.61 | 3.96 | 652.28 | 5.53 | | | ...

从资金流向上来看，当日酒店餐饮板块主力资金净流出3951.45万元，游资资金净流入6982.07万元，散 户资金净流出3030.62万元。酒店餐饮板块个股资金流向见下表： 证券之星消息，12月16日酒店餐饮板块较上一交易日上涨2.69%，君亭酒店领涨。当日上证指数报收于 3824.81，下跌1.11%。深证成指报收于12914.67，下跌1.51%。酒店餐饮板块个股涨跌见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 ...

Market Overview - The A-share market experienced a collective decline on December 16, with the Shanghai Composite Index falling to 3820.85 points, down 1.22%, the Shenzhen Component Index down 1.88%, and the ChiNext Index down 2.35% [2][3] - The total trading volume in the Shanghai and Shenzhen markets was 1.12 trillion yuan, a decrease of 606 billion yuan compared to the previous trading day [4] Sector Performance - The smart driving sector saw significant gains, with multiple stocks in the automotive sector rising sharply. Notable stocks included Wanji Technology, which recorded a 20% increase, and several others achieving the daily limit of 10% [15][16] - Consumer sectors, including restaurant tourism and commercial retail, continued to rise, with several stocks hitting the daily limit. For instance, Yonghui Supermarket and Baida Group both recorded a 10% increase [9][10] - Conversely, the large technology sector experienced a downturn, while precious metals, communication equipment, and chemical sectors led the declines [4][5] Notable Stocks - In the smart driving sector, several companies such as North Car Blue Valley and Changan Automobile saw increases of over 5% [18][19] - The hospitality sector also showed strength, with Junting Hotel rising nearly 7% and other hotel stocks following suit [11][12] Regulatory News - On December 15, the Ministry of Industry and Information Technology announced the approval of the first batch of L3-level autonomous driving vehicles for trial operations in designated areas of Beijing and Chongqing [20]

本文来自微信公众号"空间秘探"，作者：ABNData，36氪经授权发布。 此外在沙特阿拉伯，万豪国际集团签署麦加Courtyard by Marriott酒店管理协议，实现在沙特阿拉伯运营及筹建酒 店总数突破100家的里程碑。该酒店拥有1100间客房，由SEDCO Capital旗下基金投资开发，计划于2030年开业。 目前万豪在沙特13个品牌旗下共品牌合作44家酒店、超1.1万间客房，其中万怡品牌已有6家酒店。万豪国际集团 持续通过轻资产扩张模式，支持沙特实现年接待1亿游客的宏伟目标。 02 亚太（中国）市场发展动态 在新加坡，本月高端酒店市场迎来新的酒店项目进驻，2家老牌酒店换牌为国际连锁品牌。一是伟合控股首次涉足 酒店投资领域，携手基金管理公司Aravest，以1亿6000万元收购已在今年10月底停业的新加坡美丽华酒店，计划 将1968年开业的美丽华酒店将改造成希尔顿逸林酒店。二是星狮酒店集团旗下的新加坡洲际酒店宣布将换牌为万 豪国际集团旗下的豪华精选。 在东南亚地区，希尔顿集团在本月宣布计划在东南亚扩展其奢华及生活方式酒店品牌，通过在六个国家签署17家 新酒店项目，将会新增近4,000间客房。此次扩张 ...

| 代码 | 名称 | 涨幅 % v | 现价 | | --- | --- | --- | --- | | 000716 | 黑芝麻 | +10.05% | 6.68 | | 603696 | 安记食品 | +10.01% | 22.64 | | 605339 | 南侨食品 | +5.95% | 22.45 | | 603536 | 惠发食品 | +5.38% | 12.54 | | 002702 | 海欣食品 | +4.57% | 8.92 | | 000639 | 西王食品 | +4.31% | 3.39 | | 920826 | 盖世食品 | +4.10% | 14.48 | | 002820 | 桂发祥 | +3.75% | 12.46 | | 300783 | 三只松鼠 | +3.52% | 23.50 | | 920726 | 朱老六 | +3.32% | 23.66 | | 300973 | 立高食品 | +3.37% | 39.55 | | 920273 | 一致魔宇 | +3.42% | 36.30 | 12月16日盘初，大消费股领涨，零售、免税店、食品、乳业、旅游等方向走势强劲。 | | ...

Group 1: Strategic Partnership and Brand Launch - Junting Hotel Group and Choice Hotels International launched the Comfort and Quality brands in China, marking a significant collaboration in the hotel industry [1][12] - The brands were customized for the Chinese market, showcasing a model of "global resources + local operations" [2][12] - Initial investment agreements for several hotels were signed, including locations in Chongqing and Nanjing, indicating the start of brand expansion [2][12] Group 2: Comfort Hotel Insights - Comfort Hotel, established in 1981, targets the 18-30 age group with a focus on comfort and practicality, promoting a "Nothing but Comfort" philosophy [3][14] - Investment details show a single room investment of 85,000 yuan, with an average first-year room rate of 300 yuan per night and an occupancy rate of 80% [3][15] - The projected payback period for investors is approximately 3.19 years, making it an attractive option for high turnover [15] Group 3: Quality Hotel Insights - Quality Hotel, with roots dating back to 1939, emphasizes local culture and aims to create a unique cultural experience for guests [4][17] - The investment for a single room is 180,000 yuan, with a first-year average room rate of 520 yuan per night and an occupancy rate of 75% [4][17] - The projected GOP rate is 58%, indicating a strong potential for profitability [17] Group 4: Support Mechanisms for Investors - Junting has established four core support mechanisms to enhance the efficiency of the partnership: funding support, operational management, customer sourcing, and revenue management [6][18] - The funding support includes loans with a minimum interest rate of 4%, alleviating financial pressure for investors [6][18] - The operational management strategy includes a three-month group management period to quickly ramp up operations and reduce trial-and-error costs [6][18] Group 5: Market Implications - The collaboration between Junting and Choice Hotels is expected to drive high-quality development in the mid-to-high-end hotel market in China [6][18] - This partnership is seen as a new paradigm for internationalization and scalability in the hotel industry, potentially leading to the globalization of Chinese hotel services [6][18]

Core Insights - The report emphasizes two main investment directions for 2026: recovery sectors focusing on profit inflection points and growth sectors targeting high revenue increases [4][19][20] Recovery Sectors - The duty-free sector is showing signs of recovery with favorable policies enhancing consumption, including expanded product categories and improved shopping convenience [4][19] - The hotel industry is expected to see a gradual improvement in RevPAR, with business and leisure demand stabilizing, indicating a potential operational turning point in Q4 or next year [4][19] - The tourism sector remains resilient despite macroeconomic pressures, with increasing travel volumes and government initiatives aimed at boosting consumption in various travel themes [4][19] Growth Sectors - The beauty industry is experiencing intensified competition, with a focus on channel value reconstruction and brand establishment [4][20] - The gold and jewelry sector is witnessing a recovery, driven by new product launches and an increasing focus on high-end market competition [4][20] - The cross-border e-commerce sector is expected to rebound, supported by stable policies and a decrease in shipping costs, with strong demand from the U.S. market [4][20] Key Company Recommendations - For duty-free, China Duty Free Group is recommended for its long-term growth potential, with attention to Wangfujing and Zhuhai Duty Free Group [4] - In the hotel sector, companies like Jinjiang Hotels, Atour, and Huazhu are highlighted for their growth prospects [4] - In tourism, companies such as Three Gorges Tourism and Changbai Mountain are suggested for monitoring acquisition and new business developments [4] - The beauty sector includes recommendations for brands like Maogeping and Proya, focusing on channel strategies [4] - For gold and jewelry, companies like Chow Tai Fook and Lao Pu Gold are recommended for their market positioning [4] - In retail, companies like Yonghui Supermarket and Xinhua Department Store are noted for their recovery potential [4]

酒店行业变化更新 20251209 摘要 服务消费政策逐渐明确，如假期灵活性提升，预计将显著提升 2026 年 第二季度旅游需求，尤其春假在全国范围推广的可能性高，将直接利好 酒店及相关产业。 维持对 2025 年第四季度和 2026 年第一季度酒店板块景气度环比继续 改善的判断，主要基于需求相对稳定和基数降低带来的降幅收窄，华住 等数据显示已接近回正或正增长。 酒店行业整体供给增速预计不会放缓，主要集中在小型物业，大型物业 增速趋缓，核心区域优质供给相对理性，连锁集团通过提价维持利润率， 具备较强价格定价权。 湖北国资委和湖北文旅入主君亭酒店后，市场预期通过注入轻资产、高 利润业务如酒店管理业务来提升业绩，而非短期内注入重资产，直营店 已恢复正常盈利状态。 君亭酒店集团在国际化方面与精选国际和希尔顿合作，推出凯逸和凯富 等新产品，装修成本和回收期均优于竞争对手，加盟策略采取差异化打 法，对加盟商让利。 Q&A 近期酒店行业板块波动的主要原因是什么？ 酒店行业板块近期的波动主要归因于政策预期的变化。市场此前对服务消费领 域的政策有较高预期，尤其是在政治局会议前，投资者希望看到更多关于服务 消费相关政策的加码。 ...

智通财经记者 | 袁颖琪 君亭酒店（301073.SZ）近日一则控制权变更公告搅动酒店业与资本市场的双重池水。 湖北省属国企湖北文化旅游集团（下称"湖北文旅"）将以18亿元现金完成对君亭酒店的控股。具体来 看，湖北文旅将先以协议转让方式受让君亭酒店创始人团队29.99%股份，再通过部分要约收购拿下 6.01%股份，最终合计持有36%股份，成为控股股东与实际控制人。这意味着，湖北省国资委将正式接 管这家民营高端酒店上市公司。 目前，君亭酒店市值51亿元左右，对应市盈率（PE）达304倍。此次交易对价遵循市价，对应市盈率接 近300倍，而当前酒店行业龙头企业市盈率普遍处于20-50倍区间。在酒店业仍处调整期、君亭酒店自身 净利润同比大幅下滑的背景下，如此悬殊的估值令不少人直呼："湖北文旅买贵了？" 一份精心设计的控制权移交方案 这份精心设计的控制权移交方案，远非一次简单的股权买卖，而是通过一系列环环相扣的安排，确保了 控制权能够平稳且彻底地转移。 核心环节为协议转让。湖北文旅以每股25.71元的价格，受让创始人吴启元、股东从波和施晨宁合计持 有的5831.59万股股份，占总股本的29.99%，转让总价款约15亿元 ...