Financial Performance - The company's revenue for Q3 2024 was ¥172,509,402.36, representing a 7.27% increase year-over-year, while year-to-date revenue reached ¥503,016,707.35, up 31.84% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2024 was ¥4,615,587.74, a 19.03% increase year-over-year, but year-to-date net profit decreased by 23.59% to ¥18,313,183.55[3]. - Total operating revenue for the third quarter reached ¥503,016,707.35, a significant increase of 31.9% compared to ¥381,523,384.08 in the same period last year[24]. - Net profit for the quarter was ¥23,181,446.72, a decrease of 30.3% from ¥33,298,500.70 in the previous year[25]. - The net profit attributable to shareholders of the parent company was ¥18,313,183.55, down 23.5% from ¥23,966,900.67 year-on-year[26]. - Earnings per share for the quarter were ¥0.09, compared to ¥0.12 in the same quarter last year[26]. Cash Flow and Assets - The company reported a net cash flow from operating activities of ¥174,801,519.60 for the year-to-date, reflecting a 20.55% increase compared to the same period last year[3]. - The company achieved a net cash flow from operating activities of CNY 174.80 million, representing a 20.55% increase compared to the same period last year[15]. - Cash flow from operating activities totaled ¥640,166,147.19, an increase from ¥431,832,554.38 in the previous year[27]. - The company's cash and cash equivalents decreased by 43.80% to CNY 273.73 million, mainly due to investments in financial products and dividend payments[13]. - The total cash and cash equivalents at the end of the period were $273.72 million, down from $516.58 million[28]. - The company reported a decrease in cash and cash equivalents by $213.32 million during the period[28]. Hotel Operations and Development - The total number of hotels operated by the company is 236, with a total of 46,398 rooms, while there are 187 hotels with 40,610 rooms under development[10]. - The company signed 13 new hotel projects during the reporting period, adding nearly 3,000 rooms, with over 420 projects and more than 87,000 rooms in total for mid-to-high-end brands[11]. - The company signed 6 new projects under the Junlan brand, including 3 resort hotels, marking a significant expansion in the vacation market[11]. - The average daily rate (ADR) and occupancy rate (OCC) in the hotel industry saw declines of 4% and 2% respectively year-over-year, indicating a shift in revenue generation from ADR to OCC[7]. - The RevPAR for the company's operating hotels decreased by 15.06% compared to the same period last year, but increased by 6.38% compared to 2019[8]. Financial Position and Liabilities - The total assets of the company at the end of the reporting period were ¥2,458,176,775.87, a 1.38% increase from the end of the previous year[3]. - The total liabilities increased to ¥1,494,525,980.37, compared to ¥1,448,939,759.81 in the previous year, reflecting a growth of 3.2%[25]. - Non-current liabilities totaled ¥1,206,095,938.89, up from ¥1,143,165,850.07, marking an increase of 5.5%[25]. - The total equity attributable to shareholders of the parent company decreased to ¥967,083,952.04 from ¥977,938,425.39, a decline of 1.8%[25]. - The company’s net assets attributable to shareholders decreased by 1.11% to CNY 96.71 million as of September 30, 2024[11]. Strategic Initiatives - The company plans to enhance product quality, optimize services, and strengthen brand power to capture higher premium space in response to market demand changes[9]. - The company is focusing on enhancing its market presence and exploring new product development opportunities[22]. Financial Challenges - The company experienced a decline in net profit excluding non-recurring gains and losses, which was ¥3,051,464.53 for Q3 2024, down 15.18% year-over-year[3]. - The company's financial expenses increased by 61.78% to CNY 35.88 million, primarily due to more leasing projects and reduced interest income[14]. - The company reported a financial expense of ¥35,876,936.09, which is an increase of 61.5% compared to ¥22,176,800.04 in the previous year[25].

证券代码：301073 证券简称：君亭酒店 公告编号：2024-037 君亭酒店集团股份有限公司 关于首次公开发行前已发行股份上市流通的提示性公告 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、本次上市流通的限售股份为君亭酒店集团股份有限公司（以下简称"公司"） 首次公开发行前已发行的部分股份； 2、本次解除限售股东户数共计 1 户，解除限售股份数量为 65,977,030 股， 占公司总股本的 33.9299%，限售期为自公司股票上市之日起 36 个月； 公司总股本 80,540,000 股为基数，向全体股东按每 10 股派发现金股利 5 元（含 税），共分配现金股利 40,270,000 元（含税），同时进行资本公积金转增股本， 向全体股东每 10 股转增 5 股，合计转增股本 40,270,000 股。本年度公司不送红 股。经上述分配后，剩余未分配利润全部结转以后年度。分红前本公司总股本为 80,540,000 股，分红后总股本增至 120,810,000 股。 根据中国证券监督管理委员会证监许可[2022]2945 号文《关于同意君亭 ...

关于君亭酒店集团股份有限公司 国投证券股份有限公司 首次公开发行前已发行股份上市流通的核查意见 国投证券股份有限公司（以下简称"国投证券"、"保荐机构"）作为君亭酒 店集团股份有限公司（以下简称"君亭酒店"或"公司"）首次公开发行股票并 上市的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证券交易所创 业板股票上市规则》《深圳证券交易所上市公司自律监管指引第 13 号—保荐业 务》《深圳证券交易所上市公司自律监管指引第 2 号—创业板上市公司规范运作》 等有关规定，对君亭酒店首次公开发行前已发行股份上市流通的事项进行了核 查，具体情况如下： 一、首次公开发行前已发行股份及股份变动情况 （一）首次公开发行股份情况 经中国证券监督管理委员会证监许可〔2021〕2686 号《关于同意浙江君亭 酒店管理股份有限公司首次公开发行股票注册的批复》及深圳证券交易所深证上 〔2021〕961 号《关于浙江君亭酒店管理股份有限公司人民币普通股股票在创业 板上市的通知》同意，公司首次公开发行人民币普通股（A 股）2,013.50 万股。 首次公开发行股票完成后，公司总股本为 80,540,000 股，其中有流通限制及 限售 ...

Investment Rating - The investment rating for the company is "Buy" [3] Core Views - The company's performance is below expectations due to macroeconomic fluctuations affecting direct store performance and an extended ramp-up period for newly opened stores. The EPS estimates for 2024, 2025, and 2026 have been revised down to 0.35, 0.40, and 0.47 yuan respectively, reflecting decreases of -0.27, -0.50, and -0.71 yuan [2] - Despite the challenges, the company is in a rapid growth phase with new store openings significantly outpacing other hotel groups, indicating potential for leapfrog growth. The target price has been adjusted down to 18.80 yuan, which is above the industry average PE of 47x for 2025, maintaining a "Buy" rating [2][3] Financial Performance Summary - For the first half of 2024, the company achieved revenue of 331 million yuan, a year-on-year increase of 49.75%, while the net profit attributable to shareholders was 13.70 million yuan, a decrease of 31.82%. The net profit after deducting non-recurring items was 13.74 million yuan, down 25.54% [2] - In Q2 2024, the company reported revenue of 170 million yuan, up 36.32% year-on-year, but the net profit attributable to shareholders was only 904 thousand yuan, down 43.51% [2] - The RevPAR for direct stores in Q2 2024 was 313.8 yuan, down 10.5%, with an occupancy rate of 65.09%, a decrease of 8.19 percentage points [2] Store Expansion and Market Dynamics - The company opened 8 new direct stores, contributing to revenue growth, but the ramp-up period for these new stores is longer than anticipated due to low business travel demand [2] - The company is focusing on improving efficiency to enhance the contribution from new store openings [2] - The high base effect, sluggish business travel demand, and the pricing pressure on mid-to-high-end positioning have significantly impacted the company's performance, leading to a noticeable decline in gross margin [2] Financial Forecasts - Revenue is projected to grow from 534 million yuan in 2023 to 667 million yuan in 2024, reflecting a growth rate of 24.9%. The net profit attributable to shareholders is expected to increase from 31 million yuan in 2023 to 68 million yuan in 2024, representing a growth of 124% [8] - The company’s EPS is forecasted to rise from 0.16 yuan in 2023 to 0.35 yuan in 2024, with a projected PE ratio of 46.16 based on the current price [10][11]

Investment Rating - The investment rating for the company is "Buy-A" with a target price of 19.96 CNY over the next six months [1][7]. Core Views - The company is experiencing a short-term pressure on performance, but continues to expand its hotel portfolio, with a significant increase in self-operated hotel numbers contributing to a 49.75% year-on-year revenue growth in the first half of 2024 [2][4]. - Despite a decline in net profit by 31.82% in the first half of 2024, the company has shown strong cash flow generation, with a 147.55% increase in net cash flow from operating activities [2][3]. - The company is focusing on strategic expansion, having signed 19 new hotels in the first half of 2024, which includes various brands under its umbrella, solidifying its leadership position in the mid-to-high-end hotel market [4][5]. Summary by Sections Financial Performance - In the first half of 2024, the company achieved a revenue of 331 million CNY, up 49.75%, while the net profit was 14 million CNY, down 31.82% [2]. - The gross margin for the first half of 2024 was 31.18%, a decrease of 11.57 percentage points, primarily due to the ramp-up costs of new hotels [3]. - The company reported a net profit margin of 4.14%, down 4.96 percentage points, indicating a significant impact from the decline in gross margin [3]. Market Expansion - The company signed 19 new hotels in the first half of 2024, with a total of over 400 projects in the mid-to-high-end segment [4]. - The company plans to open 184 new hotels in the future, with a focus on expanding its brands in various regions [4]. Market Dynamics - The company's RevPAR (Revenue per Available Room) for its direct-operated hotels was 310.50 CNY, a slight decrease of 2.13%, but still up 10.36% compared to the same period in 2019 [5]. - The performance varied by region, with Shanghai showing strong recovery due to international tourism, while other markets like Hangzhou adapted through new consumption models [5].

国投证券股份有限公司 关于君亭酒店集团股份有限公司 2024 年半年度持续督导跟踪报告 | 保荐机构名称：国投证券股份有限公司 | 被保荐公司简称：君亭酒店 | | --- | --- | | 保荐代表人姓名：湛瑞锋 | 联系电话：021-55518303 | | 保荐代表人姓名：彭国峻 | 联系电话：021-55518313 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1、公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2、督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不限于 防止关联方占用公司资源的制度、募集资金管理制度、 | 是 | | 内控制度、内部审计制度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3、募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 每月 次 1 | | （2）公司募集资金项目进展是否与信息披露文件一致 | 是 | | 4、公司治理督导情况 | ...

证券代码：301073 证券简称：君亭酒店 公告编号：2024-032 君亭酒店集团股份有限公司 第四届董事会第二次会议决议公告 本公司全体董事、高级管理人员保证公告内容的真实、准确和完整，并对公 告中的虚假记载、误导性陈述或者重大遗漏承担责任。 君亭酒店集团股份有限公司（以下简称"公司"）第四届董事会第二次会议于 2024 年 8 月 28 日（星期三）在浙江省杭州市西湖区紫宣路 18 号浙谷深蓝中心 3 号楼以现场结合通讯的方式召开。会议通知已于 2024 年 8 月 16 日通过邮件的 方式送达各位董事。本次会议应出席董事 7 人，实际出席董事 7 人。 会议由董事长、总经理朱晓东主持，监事、高管列席。会议召开符合有关法 律、法规、规章和《公司章程》的规定。经各位董事认真审议，会议形成了如下 决议： 二、董事会会议审议情况 （一）审议通过《关于<2024 年半年度报告>及其摘要的议案》 经审核，董事会认为：公司 2024 年半年度报告全文及摘要包含的信息公 允、全面、真实的反映了本报告期的财务状况和经营成果等事项，所披露的信 息真实、准确、完整，不存在任何虚假记载、误导性陈述或重大遗漏。 具体内容详见公 ...

上市公司2024年1-6月非经营性资金占用及其他关联资金往来情况汇总表 附表 1 上市公司的子公 司及其附属企业 1 编制单位：君亭酒店集团股份有限公司 金额单位：人民币万元 | 非经营性资金占 | 资金占用方名称 | 占用方与上市公 | 上市公司核算的 | 2024年初占用资 | 2024年1-6月占用累计发 | 2024年1-6月占用资 | 2024年1-6月偿 | 2024年6月30日 | 占用形成原因 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 用 | | 司的关联关系 | 会计科目 | 金余额 | 生金额（不含利息） | 金的利息（如有） | 还累计发生额 | 占用资金余额 | | | | 现大股东及其附 | | | | | | | | | | | | 属企业 | | | | | | | | | | | | 小 计 | —— | —— | —— | | | | | | —— | —— | | 前大股东及其附 | | | | | | | | | | | | 属企业 | | | | | | ...

君亭酒店集团股份有限公司 董事会关于募集资金半年度存放与实际使用情况的专项报告 君亭酒店集团股份有限公司 董事会关于募集资金半年度存放与实际使用情况 的专项报告 根据中国证监会发布的《上市公司监管指引第 2 号——上市公司募集资金管理和使用的 监管要求》和深圳证券交易所发布的《深圳证券交易所上市公司自律监管指引第 2 号——创 业板上市公司规范运作》等有关规定，君亭酒店集团股份有限公司（以下简称"公司"或"本 公司"）董事会编制了截至 2024 年 06 月 30 日止的募集资金年度存放与实际使用情况的专项 报告。 一、募集资金基本情况 （一）首次公开发行 A 股普通股股票 1、 实际募集资金金额、资金到位情况 经中国证券监督管理委员会证监许可[2021]2686 号文《关于同意浙江君亭酒店管理股份 有限公司首次公开发行股票注册的批复》，公司于 2021 年 9 月 22 日公开发行人民币普通股 2,013.50 万股，每股面值人民币 1 元，每股发行价格为人民币 12.24 元，募集资金总额为人 民币 246,452,400.00 元，扣除发行费用后的募集资金净额为人民币 188,753,436.72 元。 ...

Financial Performance - The company's operating revenue for the first half of 2024 was approximately ¥330.51 million, representing a 49.75% increase compared to ¥220.71 million in the same period last year[25]. - The net profit attributable to shareholders decreased by 31.82% to ¥13.70 million from ¥20.09 million year-on-year[25]. - The net cash flow from operating activities increased significantly by 147.55% to ¥113.55 million, up from ¥45.87 million in the previous year[25]. - Basic and diluted earnings per share both decreased by 30.00% to ¥0.07 from ¥0.10 in the same period last year[25]. - Total assets at the end of the reporting period were approximately ¥2.44 billion, a slight increase of 0.83% from ¥2.42 billion at the end of the previous year[25]. - The net assets attributable to shareholders decreased by 1.58% to ¥962.47 million from ¥977.94 million at the end of the previous year[25]. - The company achieved operating revenue of 33,051 million yuan, a year-on-year increase of 49.75%, while net profit attributable to shareholders decreased by 31.82% to 1,370 million yuan[47]. - The company reported a total revenue of 15,950.1 million yuan for the first half of 2024, with a year-on-year increase of 10%[152]. - Net profit for the first half of 2024 was 1,659,599.82, down from 6,281,631.45 in the previous year, indicating a decrease of about 73.5%[200]. Operational Insights - The company’s hotel occupancy rates and room prices in the Hainan region have not reached last year's levels, indicating pressure from consumer spending segmentation[40]. - The hotel market experienced volatility in Q2 2024 due to global economic uncertainty and declining consumer confidence, impacting business travel demand[40]. - The average occupancy rate of newly opened hotels is stabilizing, with the Shenzhen Luohu Dongmen Hotel achieving over 80% occupancy and the Chongqing Dazhong Hotel at 65%[49]. - The company’s management team possesses extensive experience in high-end hotel operations, contributing to its strong brand influence and competitive edge[34]. - The company has developed a unique service system that focuses on curated products and cultural themes, enhancing customer experience and brand premium[38]. - The company has invested CNY 50 million in technology upgrades to enhance customer experience and operational efficiency[85]. - User data indicates a 15% increase in occupancy rates across all hotel properties compared to the previous year[84]. Strategic Initiatives - The company plans to launch more personalized and experiential designs in the second half of the year to enhance market competitiveness and will introduce a "new retail business" to expand revenue structure[50]. - The company signed 19 new projects during the reporting period, adding nearly 3,600 rooms, bringing the total number of mid-to-high-end projects to over 400 with more than 85,000 rooms[45]. - The company plans to expand its market presence by opening 10 new hotels in key cities by the end of 2024[85]. - The company is exploring potential acquisitions to strengthen its market position, particularly in the boutique hotel segment[85]. - The company is actively pursuing market expansion through strategic investments in key cities such as Hangzhou, Beijing, Shenzhen, and Wuxi[73]. - The company plans to establish more subsidiaries in economically developed cities, particularly in the Yangtze River Delta region, to support its growth strategy[106]. Financial Management - Operating costs increased by 79.99% to ¥227,462,723.44, corresponding to the growth in operating revenue[51]. - Financial expenses rose by 85.05% to ¥22,503,474.15, primarily due to an increase in leasing projects and a decrease in interest income compared to the previous year[51]. - The gross profit margin for hotel operations decreased by 11.57% to 31.18%, with operating revenue and costs increasing by 49.75% and 79.99%, respectively[55]. - The company reported a significant reduction in income tax expenses, down 64.58% to ¥2,442,077.87, due to a decrease in operating profit from newly opened hotels[51]. - The company has completed the use of all funds raised from its IPO and has decided to cancel the special account for managing these funds[160]. Market Conditions - The hotel industry in China is experiencing intensified market competition, with a trend towards scale, brand chain, and industry concentration, which may adversely affect the company's profitability if it fails to enhance service and management capabilities[103]. - The company's performance is highly dependent on national economic growth and consumer spending; any shortfall in these areas could negatively impact business development[104]. - The hotel industry is vulnerable to social emergencies such as public safety incidents and natural disasters, which could harm the company's operations and brand reputation if not managed effectively[105]. Environmental and Social Responsibility - The company is committed to achieving carbon neutrality as a core investment decision standard and is actively promoting the "Green Check-in" project in collaboration with China UnionPay and Green Cloud, covering over 400 hotels nationwide[119]. - The company has implemented a comprehensive environmental management mechanism, integrating environmental protection into performance assessments, and has several hotels certified as carbon-neutral[123]. - The company has established a governance structure for ESG to ensure the integration of social responsibility into its strategic objectives[121]. - The company has developed a personal carbon account system to track consumers' carbon reduction and green consumption behaviors, promoting the concept of carbon neutrality[119]. Shareholder Information - The major shareholder, Wu Qiyuan, holds 33.93% of the shares, totaling 65,977,000 shares[171]. - The second largest shareholder, Cong Bo, owns 18.07% of the shares, amounting to 35,143,800 shares[171]. - The third largest shareholder, Shi Chunning, possesses 9.60% of the shares, which is 18,657,800 shares[171]. - The report does not indicate any significant changes in the shareholding structure during the reporting period[171]. - The company has not distributed cash dividends or bonus shares for the half-year period and has no plans for capital reserve transfers to increase share capital[114].