证券代码：301073 证券简称：君亭酒店 公告编号：2025-038 君亭酒店集团股份有限公司 关于控股股东及相关方签署股份转让协议暨控制权 拟发生变更的提示性公告 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。 特别提示： 1、2025 年 12 月 2 日，湖北文化旅游集团有限公司（以下简称"湖北文旅"） 与吴启元、从波、施晨宁签署《股份转让协议》，湖北文旅拟通过协议转让方式 受让吴启元、从波、施晨宁直接持有的君亭酒店集团股份有限公司（以下简称"公 司""上市公司"或者"君亭酒店"）58,315,869 无限售流通股股份（占上市公 司股份总数的 29.99%），其中吴启元转让 28,035,634 股（占目标公司股份总数 的 14.42%），从波转让 25,615,774 股（占目标公司股份总数的 13.17%），施晨 宁转让 4,664,461 股（占目标公司股份总数的 2.40%）。每股转让价格为人民币 25.71 元，股份转让总价款为人民币 1,499,300,991.99 元。 2、自湖北文旅受让上市公司股东吴启元、从波、施晨宁持有的上市公司 5 ...

申港证券股份有限公司关于 《君亭酒店集团股份有限公司要约收购报告书摘要》 之财务顾问意见 致：湖北文化旅游集团有限公司 申港证券股份有限公司（以下简称"申港证券"）作为本次湖北文化旅游集 团有限公司（以下简称"收购人"）要约收购君亭酒店集团股份有限公司（以下 简称"君亭酒店"）的财务顾问，申港证券对收购人本次要约收购发表如下结论 性意见： "本财务顾问认为，收购人本次要约收购符合《中华人民共和国证券法》《上 市公司收购管理办法》等法律法规的规定，具备收购君亭酒店的主体资格，不存 在《上市公司收购管理办法》第六条规定的不得收购上市公司的情形。收购人具 备履行本次要约收购的义务的能力。" 本财务顾问同意收购人在《君亭酒店集团股份有限公司要约收购报告书摘要》 中引用上述财务顾问意见。 （以下无正文） 杨宇犇 张泽南 丁一 申港证券股份有限公司 年 月 日 2 （本页无正文，为《申港证券股份有限公司关于<君亭酒店集团股份有限公司要 约收购报告书摘要>之财务顾问意见》之签字盖章页） 财务顾问主办人： 1 ...

证券代码：301073 证券简称：君亭酒店 公告编号：2025-037 关于筹划公司控制权变更进展暨复牌的公告 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。 特别提示： 1、君亭酒店集团股份有限公司（股票简称：君亭酒店，股票代码：301073） 自 2025 年 12 月 3 日（星期三）上午开市起复牌； 2、本次交易事项能否最终实施完成及实施结果尚存在不确定性。敬请广大 投资者关注后续公告并注意投资风险。 一、停牌情况概述 君亭酒店集团股份有限公司（以下简称"公司""上市公司"或者"君亭酒 店"）收到控股股东吴启元先生通知，获悉其正在筹划公司控制权变更相关事宜， 该事项可能导致公司控股股东、实际控制人发生变更。经公司向深圳证券交易所 申请，公司股票（股票简称：君亭酒店，股票代码：301073）自 2025 年 11 月 26 日（星期三）开市起停牌，预计停牌时间不超过 2 个交易日。鉴于上述事项 尚在筹划中，存在不确定性，公司预计无法在 2025 年 11 月 28 日（星期五）上 午开市起复牌。经公司向深圳证券交易所申请，公司股票（股票简称：君亭酒店， ...

君亭酒店公告，湖北文旅与吴启元、从波、施晨宁签署《股份转让协议》，湖北文旅拟通过协议转让方 式受让吴启元、从波、施晨宁直接持有的君亭酒店集团股份有限公司5831.59万无限售流通股股份（占 上市公司股份总数的29.99%），其中吴启元转让2803.56万股（占目标公司股份总数的14.42%），从波 转让2561.58万股（占目标公司股份总数的13.17%），施晨宁转让466.45万股（占目标公司股份总数的 2.40%）。每股转让价格为人民币25.71元，股份转让总价款为人民币14.99亿元。 ...

Core Viewpoint - The hotel and catering sector experienced a rise of 1.65% on December 2, with Tongqinglou leading the gains, while the overall market indices, Shanghai Composite and Shenzhen Component, saw declines of 0.42% and 0.68% respectively [1] Group 1: Market Performance - The hotel and catering sector's notable gain was primarily driven by Tongqinglou, which closed at 21.88 with a significant increase of 10.01% [1] - Other notable performers included ST Yunwang with a rise of 2.53%, and Jinjiang Hotel with an increase of 1.62% [1] - The overall trading volume for the hotel and catering sector was substantial, with Tongqinglou achieving a transaction volume of 211,800 shares and a turnover of 454 million yuan [1] Group 2: Capital Flow - The hotel and catering sector saw a net inflow of 127 million yuan from institutional investors, while retail investors experienced a net outflow of 38.81 million yuan [1] - Tongqinglou attracted the most significant institutional net inflow of 109 million yuan, accounting for 23.93% of its total trading [2] - In contrast, Jinjiang Hotel and Kylin Hotel faced net outflows from institutional investors of 983.95 thousand yuan and 441.26 thousand yuan respectively [2]

Core Viewpoint - The founder of Junting Hotel, Wu Qiyuan, is planning to transfer control of the company, indicating a potential change in ownership and strategy for the hotel chain [2][3]. Group 1: Ownership and Management Changes - Wu Qiyuan holds 33.93% of Junting Hotel's shares and is the largest shareholder. He is 81 years old and has been in the hotel industry since 1986, founding Junting Hotel in 2007 [3]. - Wu Qiyuan will step down as chairman in 2024, with the former general manager, Zhu Xiaodong, taking over [3]. - The announcement of the control change has not yet led to any signed agreements, and potential buyers have not been disclosed due to information disclosure regulations [3][5]. Group 2: Market Speculation and Potential Buyers - There is speculation that Junting Hotel may be acquired by an OTA platform, similar to the acquisition of Wanda Hotel Management by Tongcheng Travel, although sources close to Tongcheng have denied involvement [3][6]. - The likelihood of Zhejiang state-owned assets being involved in the acquisition is considered high, given their recent activities in the hotel sector [3][4]. Group 3: Financial Performance and Strategic Direction - Junting Hotel's revenue for the first three quarters of this year was 506 million yuan, a year-on-year increase of 0.58%, while net profit decreased by 45.92% to 9.9 million yuan [11]. - The hotel chain has faced challenges with its direct management model, leading to pressure on operational data. As of September, Junting Hotel had 272 operating locations, significantly fewer than its domestic competitors [12]. - The company plans to expand through franchising and partnerships with international hotel groups, but results have yet to show significant improvement [12]. Group 4: Recent Transactions and Shareholder Movements - Junting Hotel recently announced plans to acquire the remaining 21% stake in Zhejiang Junlan Hotel Management for 79.8 million yuan, which is part of a strategy to consolidate ownership [8][10]. - Several founding team members are also looking to liquidate their shares, indicating a broader trend of cashing out among the original stakeholders [7][10].

Core Insights - The report highlights three core trends in the consumer services industry: "New Recovery, New Ecology, and New Supply" [6] - Structural factors are aiding certain sectors in stabilizing and improving operations, indicating a gradual recovery from the bottom [7] - The integration of online platforms with offline operations is reshaping the industry ecosystem, enhancing competition and operational efficiency [8] Industry Overview - The consumer services sector has seen a slight revenue increase of 2.57% year-on-year, totaling 183.23 billion yuan in the first three quarters of 2025, despite a 12.7% decline in net profit [20][22] - The sector's performance has been mixed, with tourism and education sectors showing significant growth, while the hotel and restaurant sectors faced slight declines [16][19] New Recovery - The hotel industry is experiencing a rebound due to increased tourism demand and a stabilization in average daily rates (ADR), with occupancy rates showing signs of improvement [31][57] - The Macau gaming market has shown strong recovery, with gross gaming revenue (GGR) reaching 24.086 billion MOP in October 2025, driven by non-gaming attractions [32][44] - The duty-free market is benefiting from policy optimizations, with sales in Hainan reaching 2.425 billion yuan in October 2025, reflecting a 34.86% year-on-year increase [32][38] New Ecology - Major players like Alibaba, Meituan, and JD.com are competing in the instant retail space, each leveraging their strengths to enhance online and offline integration [42] - The restaurant industry is witnessing a shift towards standardized and professional supply chains, with the chain restaurant rate increasing from 15% in 2020 to 23% in 2024 [46][48] New Supply - The tourism sector is transitioning from a "sightseeing + ticket" model to one focused on content innovation and immersive experiences, with companies like Sanxia Tourism and Haichang Ocean Park leading this change [50][53] - The sports industry is evolving to combine spectator and participatory sports, creating new social engagement opportunities through digital platforms [54] Investment Recommendations - Key recommendations include focusing on leading hotel chains like Jinjiang Hotels and ShouLai Hotels, and monitoring companies with strong supply chain advantages in the restaurant sector [6][8] - The report suggests that innovative companies in tourism, sports, and education sectors, particularly those utilizing AI and content innovation, are worth attention for potential growth [8][50]

Core Insights - The article discusses the formation of the "Eight Directions Alliance," a digital membership cohabitation platform initiated by seven regional hotel groups in China, aiming to enhance customer loyalty and resource sharing among them [1][3][12]. Group 1: Alliance Formation - Seven regional hotel groups, including Zhejiang Junting and Hunan Huiyou, have come together to create a platform that allows 50 million members to share and utilize their membership benefits across different brands [3][12]. - This initiative marks a significant shift in the hotel industry, which has traditionally operated in isolated silos, with each group maintaining its own membership systems and databases [3][12][14]. Group 2: Technological Integration - The success of the alliance is attributed to the underlying technology provided by Luyun, which enables seamless integration of membership data, pricing, and inventory across the participating hotel groups [17][20]. - The unified technical framework allows for real-time data sharing and eliminates the need for complex system integrations, which have historically hindered similar collaborations [18][20]. Group 3: Market Dynamics - The alliance addresses the challenge of regional hotel groups losing high-value members when they travel outside their local areas, as these members often turn to national chains or online travel agencies (OTAs) [12][13]. - By pooling resources and creating a virtual network, the alliance aims to retain these members and reduce customer acquisition costs for all participating hotels [25][26]. Group 4: Future Prospects - The Eight Directions Alliance has the potential to evolve into a large-scale open organization within the Chinese hotel industry, allowing for rapid expansion without the need for physical infrastructure [27][28]. - Future developments may extend beyond hotel services to include attractions, cruises, airlines, and banking, creating a comprehensive lifestyle service platform for members [30].

Core Viewpoint - The announcement from Junting Hotel on November 27 indicates that the company's stock will be suspended from trading starting November 28 for a maximum of three trading days due to the transfer of control from its 81-year-old founder, Wu Qiyuan [1][3]. Group 1: Company Background - Wu Qiyuan, the founder of Junting Hotel, is a veteran in the mid-to-high-end hotel sector, having established the brand in 2007 at the age of 63, focusing on business travelers [1][3]. - Wu holds a 33.93% stake in the company and has been instrumental in its growth, including its listing on the New Third Board in 2016 and the Shenzhen Stock Exchange in 2021 [3][4]. Group 2: Business Model and Expansion - Junting Hotel has maintained a high proportion of direct-operated stores, which accounted for 34% of its total by the end of 2021, significantly higher than competitors like Jinjiang and Huazhu [3][4]. - The average room price for Junting's direct-operated hotels was 367 RMB, approximately 40% higher than similar competitors from 2017 to 2021 [4][6]. - Despite the advantages of direct operation, the company faced slow expansion, with only 40 hotels by September 2020 compared to competitors with thousands of locations [4][6]. Group 3: Recent Developments and Challenges - In 2022, Junting began aggressive expansion, acquiring stakes in Junlan and Jinglan, increasing its hotel count to over 300 and planning to reach 452 hotels by the end of 2024 [4][6]. - The company has recently opened up to franchising, aiming to double its hotel count to 1,000 within three years, and has established a joint venture to facilitate this transition [7][10]. - However, as of September 2023, Junting has only opened 29 new hotels and signed 25 franchise agreements, with a significant drop in gross margin from 29.41% to 18.76% [10].

Group 1 - Hekang New Energy's subsidiary received a government subsidy of 6 million yuan, accounting for 58.27% of the company's latest audited net profit attributable to shareholders [1] - Anhui Construction won two major EPC projects with a total bid price of 2.603 billion yuan [2] - Tianrun Dairy's wholly-owned subsidiary received a government subsidy of 7.9094 million yuan, representing 18.12% of the company's audited net profit for 2024 [2] Group 2 - Yunnan Gold's subsidiary obtained a mining license for the Xinxiao County Tanxi Tungsten Mine, with a production capacity of 990,000 tons per year [5][22] - Yanzhou Coal Energy plans to acquire 100% equity of a high-end support company for 345 million yuan [6] - Heng Rui Pharmaceutical received approval for multiple drug clinical trials, including Sulfate Amexitin tablets [8] Group 3 - Huazhi Jie plans to invest 157 million yuan to establish five wholly-owned subsidiaries to expand its global strategy [1] - Junting Hotel's controlling shareholder is planning a change of control, leading to a continued suspension of trading [4] - Funi Technology's shareholder plans to reduce its stake by up to 1.68% [10] Group 4 - Midea Group's subsidiary received a government subsidy of 6 million yuan, which is 58.27% of the company's latest audited net profit [1] - Hunan Gold's subsidiary obtained a mining license for tungsten, iron, and silver, with a production scale of 990,000 tons per year [5][22] - Xin Hua Pharmaceutical received approval for the listing application of Acetate Prednisone raw material [24][25] Group 5 - Zhejiang Pharmaceutical plans to spin off its subsidiary for a listing on the Hong Kong Stock Exchange [28] - Kesheng Technology plans to invest 61.2 million yuan to acquire 51% of Shenzhen Guanding [30] - Tian Shan Aluminum's 1.4 million tons electrolytic aluminum green low-carbon energy efficiency improvement project has commenced production [38]