锦江酒店股价微跌0.53% 赴港上市计划引关注

Core Viewpoint - Jinjiang Hotels' stock price experienced a slight decline, and the company is planning to issue H-shares to raise funds for overseas expansion and debt repayment [1] Company Overview - Jinjiang Hotels reported a stock price of 22.68 yuan on August 19, down 0.12 yuan or 0.53% from the previous trading day [1] - The company operates over 30 hotel brands, with a total of 13,416 hotels opened and 1.29 million rooms as of the end of 2024 [1] - The controlling shareholder is Shanghai Jinjiang Capital Co., Ltd., with actual control by the Shanghai State-owned Assets Supervision and Administration Commission [1] Financial Performance - The company plans to issue up to 15% of its total share capital in H-shares to raise funds for overseas business expansion, debt repayment, and working capital [1] - In 2024, overseas hotel business revenue is projected to be 4.256 billion yuan, accounting for over 30% of total revenue, despite experiencing losses for five consecutive years in its overseas operations [1] - As of the end of Q1 2025, the company has short-term debts exceeding 6.5 billion yuan and long-term borrowings of 6.85 billion yuan [1] Market Activity - On August 19, the net outflow of main funds was 17.4847 million yuan, representing 0.08% of the circulating market value [1] - Over the past five days, the cumulative net outflow of main funds was 1.8007 million yuan, accounting for 0.01% of the circulating market value [1]