锦江酒店: 锦江酒店日常关联交易公告

Core Viewpoint - The announcement details the daily related transactions of Shanghai Jin Jiang International Hotel Co., Ltd., emphasizing that these transactions are normal business operations priced at market rates and do not significantly depend on related parties, ensuring no adverse impact on the company's ongoing operations [1][2]. Summary by Sections Daily Related Transactions Review - The board of directors approved the proposal regarding the execution of daily related transactions for 2024 and the anticipated transactions for 2025, with three directors from Jin Jiang International Group abstaining from the vote due to their association [1][2]. - Independent directors unanimously agreed to submit the proposal to the board, stating that the transactions align with the company's development needs and adhere to principles of openness, fairness, and justice [2]. 2024 Daily Related Transactions Execution - The company engaged in various related transactions, including procurement of goods and services, with actual amounts differing from estimates due to market conditions and operational needs [3][4]. - Specific transactions included: - Procurement of hotel supplies and food, with an estimated amount of 2,000 million RMB and actual spending of 157 million RMB [4]. - Management service expenses totaling 9,500 million RMB, with actual expenses of 9,033 million RMB [4]. - Labor remuneration and social insurance fees amounting to 10,000 million RMB, with actual costs of 6,322 million RMB [4][5]. 2025 Expected Daily Related Transactions - The company anticipates various related transactions for 2025, including: - Procurement of goods and services, with expected amounts for various categories such as hotel supplies and management services [6][7]. - Estimated amounts for technical service fees and other income sources, with significant variances noted from previous years [7][8]. Leasing and Financial Transactions - The company has outlined expected leasing income and expenses, with anticipated leasing income of 1,000 million RMB and expenses of 23,000 million RMB for 2025 [8][9]. - Financial transactions include interest income and expenses related to deposits and loans with Jin Jiang Financial Company, both estimated at 10,000 million RMB [9][10]. Related Party Relationships - Jin Jiang International Group is identified as the controlling shareholder of Jin Jiang Capital, which in turn is the controlling shareholder of the company [9][10]. - The company engages in various operational collaborations with related parties to enhance brand influence and operational efficiency, particularly in the hotel management sector [10][11]. Impact and Purpose of Related Transactions - The related transactions are designed to support the company's operational needs and enhance brand visibility, particularly for new mid-range hotel brands and international collaborations [11][12]. - The company emphasizes that these transactions do not adversely affect its financial status or ongoing operations, aligning with the overall interests of the company and its shareholders [12].