過去二十載，華住從一家漢庭酒店成長到如今遍佈19個國家經營超過12,000家酒 店的多品牌酒店集團。為慶祝此重要里程碑時刻，並勾劃我們未來的戰略方向， 華住集團有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將於2025年 10月30日（星期四）在中國上海舉辦首屆華住集團資本市場日（「該活動」）。 自願公告 華住集團資本市場日 （英文前稱Huazhu Group Limited） （於開曼群島註冊成立的有限公司） （股份代號：1179） 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。 H World Group Limited 華住集團有限公司 如對該活動感興趣者，請於 2025 年 8 月 2 9 日（ 星 期 五 ）之 前 通 過 https://htone.feishu.cn/share/base/form/shrcnMImNPPvb8FNF2YoYkicCbh鏈接填寫 註冊表格。成功註冊的參與者將於2025年9月底前收到該活動的邀請函 ...

Financial Performance Analysis - In Q1 2025, Huazhu Group's hotel revenue increased by 14.3% year-on-year to 22.5 billion yuan, while total revenue reached 5.395 billion yuan, a 2.2% increase [1] - The net profit attributable to shareholders was 894 million yuan, reflecting a year-on-year growth of 35.7%, indicating revenue and profit growth under a light asset model [1] - Revenue from leased and owned hotels was approximately 2.8 billion yuan, showing significant declines both year-on-year and quarter-on-quarter, while management and franchise income grew by 21% to 2.5 billion yuan, accounting for over 46% of total revenue [4] Business Development Insights - By the end of Q1 2025, Huazhu operated 11,685 hotels, with a net increase of 539 hotels during the quarter, emphasizing a steady expansion strategy focused on light asset operations [8] - The company is optimizing its hotel structure by increasing its presence in lower-tier cities, with 54% of upcoming hotels located in third-tier cities and below, while also expanding its mid-to-high-end market presence [8] - The membership system has grown to nearly 280 million members, contributing to a 65.1% year-on-year increase in room nights booked through the central reservation system, supporting a 76.2% occupancy rate [9] Business Trends Overview - In Q2, Huazhu launched a digital product for GOP (Gross Operating Profit) management aimed at franchisees, enhancing operational efficiency and cost reduction [10] - The company entered the new retail space by launching "Huazhu Club M3 Memory Pillow," leveraging its supply chain advantages to meet growing consumer demand in the sleep economy [11] Development Analysis and Forecast - The recovery of leisure travel in 2025 is expected to provide short-term growth momentum for Huazhu, with significant increases in guest numbers during holiday periods [12] - The hotel industry has seen rapid expansion since 2023, leading to increased competition and pricing pressures, with core performance indicators showing declines across multiple hotel groups [14] - Long-term strategies for Huazhu include enhancing competitiveness through mid-to-high-end market positioning, digital cost reduction, and deepening the membership ecosystem [14]

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)。 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。 ...

Core Viewpoint - H World Group Limited has announced significant changes to its board of directors, appointing new members with extensive experience in finance and investment management, which is expected to enhance the company's long-term growth prospects [1][4]. Group 1: Board Appointments - Mr. Justin Martin Leverenz has been appointed as a director of the Board, bringing over 18 years of experience in investment management, including his role as Chief Investment Officer at Invesco Developing Markets Fund [2]. - Ms. Yi Zhang has been appointed as an independent director and chairwoman of the audit committee, with a strong background as Chief Financial Officer at SINA Corporation and experience in auditing for Chinese companies listed in the U.S. [3]. - Ms. Lei Cao has been appointed as a member of the compensation committee, while Ms. Tong Tong Zhao and Mr. Jian Shang will step down from their roles on the Board [1]. Group 2: 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, and Steigenberger Hotels & Resorts, among others, and it holds master franchise rights for several international hotel brands in the pan-China region [5]. - H World employs a mixed business model, with 8% of its hotel rooms operated under lease and ownership, and 92% under manachise and franchise models as of March 31, 2025 [6][7].

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。 格隆汇8月15日丨华住集团-S(01179.HK)公布，(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）。 ...

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]