自本公告日期起，(i) Justin Martin LEVERENZ先生获委任为董事会董事;及(ii)张怿女士获委任为董事会 独立董事及获任命为审核委员会主席。此外，根据香港上市规则，张女士为公司独立非执行董事。自同 日起，曹蕾女士获任命为薪酬委员会成员。 智通财经APP讯，华住集团-S(01179)发布公告，(i)赵彤彤女士将辞任董事会独立董事，其后担任董事会 观察员;及(ii)尚健先生将辞任董事会独立董事、公司审核委员会主席及公司薪酬委员会成员(两者均自本 公告日期起生效)。 ...

H World Group Limited 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 Leverenz先生自2007年5月至2025年7月期間擔任景順發展中市場基金*(Invesco Developing Markets Fund)的首席投資官及高級投資組合經理。彼於2019年加入景順 有限公司*(Invesco Ltd.)，當時該公司與奧本海默基金*(OppenheimerFunds)合併。 Leverenz先生自2007年5月起管理奧本海默發展中市場基金*(OppenheimerFunds Developing Markets Fund)，而該基金後更名為景順發展中市場基金。彼於2004 年開始在奧本海默基金擔任高級研究分析師，為全球證券策略(Global Equity Strategy)提供支持，並自2007年至2019年期間擔任投資組合經理一職。於加入奧 本海默基金之前，Leverenz先生曾擔任高盛在亞洲的泛亞技術研究部(Pan-Asi ...

Core Insights - The hotel booking market is undergoing a digital transformation driven by live streaming, enhancing user experience and providing new growth opportunities for the hotel industry [1][2] Group 1: Live Streaming as a Booking Tool - Consumers are increasingly using e-commerce platforms' short videos and live streams to view hotel types, prices, and availability, allowing for flexible booking [2] - Major hotel chains like Huazhu and Shoulv Rujia are establishing live streaming accounts to offer diverse products such as membership packages and customized discounts, creating a seamless online and offline sales loop [2] - By the end of 2024, the number of hotel stores and total room capacity in China is expected to reach historical highs, although the average occupancy rate is declining, indicating intensified competition [2] Group 2: Reducing Information Anxiety - "Professional live streaming" featuring front desk staff provides real-time, detailed explanations of room types and services, significantly reducing consumer booking concerns [4][5] - The use of live streaming has led to a 30% reduction in order cancellation rates, as consumers build trust through visual confirmation of services [5] Group 3: Digital Ecosystem Construction - Live streaming is reshaping the communication between hotels and consumers, moving the industry from price competition to a service experience-focused competition [7] - The integration of live streaming into hotel operations allows for better demand forecasting and inventory management, enhancing supply chain coordination [8] Group 4: Future Trends - Experts predict that hotel live streaming will evolve into "content groupization," utilizing AR and VR technologies to enhance brand storytelling and experiential value [8] - The competition in the hotel market will shift from traditional location and star ratings to a focus on content production and data operational capabilities [8]

Group 1 - The core viewpoint of the article highlights the rapid growth of the mid-range hotel brand, Orange Hotel, under Huazhu Group, achieving over 1,000 locations nationwide within eight years [1] - Orange Hotel was officially integrated into Huazhu Group in 2017, growing from 77 locations to over 1,000, establishing itself as a benchmark in the mid-range hotel sector [1] - The latest Orange 3.0 product features a single room cost as low as 108,000 yuan, with renovation costs at 70,000 yuan, indicating ongoing optimization efforts [1] Group 2 - The newly opened Orange Hotel near Beijing's Madianqiao subway station achieved full occupancy within a week, showcasing strong market demand [1] - The Chinese hotel market is undergoing structural changes, with oversupply in high-end hotels and a need for upgrades in budget hotels, while mid-range hotels are experiencing rapid growth [1] - Consumer demand is increasingly blending "business + leisure" elements, reflecting changing preferences in the hotel industry [1]

Group 1 - The core point of the article highlights that H World Group's mid-range brand, Orange Hotel, has reached a milestone of 100 stores in the Beijing market, with over 1000 stores nationwide as of July [2] - The Orange Hotel brand has experienced significant growth, increasing its store count by 12 times in 8 years since its establishment in Beijing [2] - The brand's popularity is reflected in its occupancy rates, exemplified by the Orange Hotel near Beijing's Madianqiao subway station, which achieved full occupancy within a week of opening its 131 rooms [2] Group 2 - The latest product offering, Orange 3.0, has a single room cost as low as 1.08 million yuan, with renovation costs of 700,000 yuan, and is still undergoing further optimization [2] - The design of Orange Hotel 3.0 features geometric shapes inspired by oranges, which are incorporated into the walls, lobby, and corridor carpets [2] - The hotel also provides guests with fresh oranges and 3D orange-flavored gummies, and the Orange Hotel near Madianqiao subway station includes a 24-hour self-service coffee station [2]

Core Insights - H World Group Limited has reopened the historic Steigenberger Icon Europäischer Hof Baden-Baden after extensive renovations, marking a significant milestone in the company's mission to preserve heritage assets [1][2] - The reopening signifies H World Group's commitment to expanding its international presence while respecting local culture and brand identity, following its acquisition of Deutsche Hospitality in 2021 [2][6] Company Overview - H World Group Limited is a leading global hospitality company headquartered in China, with a diversified portfolio that includes various hotel brands such as Steigenberger Icons, MAXX, and HanTing [10] - The company emphasizes asset-light operations, digital innovation, and strategic brand development to drive sustainable international growth [10] Hotel Features - The Steigenberger Icon Europäischer Hof Baden-Baden features 126 individually designed rooms, suites, and apartments that blend historic character with contemporary luxury [5][11] - The hotel offers a range of amenities, including a 1,300-square-meter spa inspired by Roman bathing traditions, five multifunctional meeting rooms, and 700 square meters of curated retail space [8][9] Culinary and Wellness Offerings - Guests can enjoy a variety of dining experiences, including French- and European-inspired cuisine at Café de l'Europe and Mediterranean dishes at the Luiza Rooftop Terrace & Bar [7] - The wellness facilities include saunas, an indoor pool, fitness areas, and personalized treatments, enhancing the overall guest experience [8] Strategic Growth and Heritage Preservation - The comprehensive renovations of the hotel symbolize H World Group's dedication to heritage preservation while integrating modern innovations [6] - The combination of German heritage with H World's global resources aims to elevate the Steigenberger brand's presence in Europe and unlock growth potential across regions [6]

Core Insights - The latest holdings data from Jinglin Hong Kong shows a total market value of $2.873 billion in U.S. stocks as of the end of Q2, approximately 20.6 billion RMB [1] - The firm has made significant adjustments to its portfolio, including new purchases, increased positions, and reductions in several stocks [1] Holdings Summary - New purchases include NVIDIA, Atour, and Huazhu Group [4] - Increased positions in Meta, Manbang Group, Qifu Technology, Alphabet, Sea, TAL Education, and BeiGene [4] - Reduced holdings in NetEase, Pinduoduo, Futu Holdings, Beike, New Oriental, Nebius Group, Alibaba, Intel, TSMC, and Ctrip [4] - Cleared positions in Apple, UnitedHealth Group, Regeneron Pharmaceuticals, Pfizer, Legend Biotech, and ZTO Express [4] Major Holdings - Meta remains the largest holding, with the top ten stocks including NetEase, Manbang Group, Pinduoduo, Futu Holdings, Qifu Technology, NVIDIA, Beike, New Oriental, and Nebius Group, collectively valued at $2.534 billion, accounting for over 88% of total U.S. stock holdings [4] Investment Strategy - Jinglin Asset emphasizes the importance of identifying new companies and conducting forward-looking research on industry fundamentals, focusing on businesses with strong cash flow and effective business models [4] - The firm highlights the significance of monopolistic advantages in business models, including rights, technology, scarce resources, and brand recognition [4] Market Outlook - The firm notes that Hong Kong has become the leading market for IPO financing in the first half of the year, indicating a shift in international capital's perception of Chinese assets [5] - The influx of capital into Hong Kong is seen as a sign of a vibrant and prosperous market, suggesting a rebalancing process that may provide additional rewards for investment portfolios [5]

Core Viewpoint - The forum held by CITIC Bank and Huazhu Group focuses on revitalizing state-owned assets and exploring new cooperation opportunities in the context of financial empowerment and brand enhancement [1][2]. Group 1: Forum Overview - The forum titled "Financial Empowerment and Brand Enhancement" was attended by over 200 participants, including key figures from CITIC Bank, Huazhu Group, and local government [1]. - Keynote speeches were delivered by Huazhu Group CEO Jin Hui and CITIC Bank Zhengzhou Branch President Luo Dongwei, emphasizing the importance of activating dormant assets and enhancing brand value [1][2]. Group 2: Financial Solutions and Strategies - CITIC Bank aims to provide comprehensive financial solutions for revitalizing state-owned properties, covering the entire lifecycle from asset acquisition to operational management and industrial transformation [1]. - The bank's "financing + asset management + intelligence" model is designed to support the revitalization of existing assets in the tourism and cultural sectors [1]. Group 3: Industry Insights and Future Outlook - Jin Hui discussed the transformation and development trends in the hotel industry driven by current policies, highlighting the potential for state-owned "dormant assets" to generate new economic value [2]. - The forum included a roundtable discussion featuring leaders from various sectors, focusing on how to leverage financial support and brand empowerment to unlock the potential of state-owned assets [2]. Group 4: Commitment to Economic Development - The successful hosting of the forum reflects CITIC Bank's commitment to exploring new paths for state-owned asset transformation and building a new ecosystem for industrial-financial cooperation [2]. - CITIC Bank Zhengzhou Branch plans to continue deepening collaborations and innovating financial products and services to contribute to the prosperity of the Henan tourism industry and high-quality economic development [2].

Core Viewpoint - H World Group Limited, a significant player in the global hotel industry, is set to release its unaudited financial results for the second quarter and interim of 2025 on August 20, 2025, after trading hours in Hong Kong and before the U.S. market opens [1]. Company Overview - H World Group Limited operates 11,685 hotels with a total of 1,142,158 hotel rooms across 19 countries as of March 31, 2025 [5]. - The company’s hotel brands include HanTing Hotel, JI Hotel, Orange Hotel, Crystal Orange Hotel, IntercityHotel, Hi Inn, Ni Hao Hotel, Elan Hotel, Zleep Hotels, Starway Hotel, CitiGo, Manxin Hotel, Madison Hotel, MAXX, Blossom House, Joya Hotel, Steigenberger Hotels & Resorts, Jaz in the City, Steigenberger Icon, and Song Hotels [5]. - H World holds master franchisee rights for Mercure, Ibis, and Ibis Styles, along with co-development rights for Grand Mercure and Novotel in the pan-China region [5]. Business Model - H World employs a mix of leased and owned, manachised, and franchised models in its operations [6]. - As of March 31, 2025, 8% of H World’s hotel rooms are operated under the lease and ownership model, while 92% are under the manachise and franchise models [6].

格隆汇8月8日丨华住集团-S(01179.HK)公告，公司董事会审核委员会会议将于2025年8月20日(星期三) (香港时间)举行，藉以(其中包括)审议及批准公司截至2025年6月30日止3个月及6个月的未经审核财务业 绩及业绩发布。 ...