SSAW Hotels(SZ:301073) Zhong Zheng Wang·2025-12-03 04:53Core Viewpoint - Junting Hotel has signed a share transfer agreement with Hubei Cultural Tourism Group, resulting in a change of controlling shareholder and actual controller from founder Wu Qiyuan to Hubei Provincial State-owned Assets Supervision and Administration Commission [1][2] Group 1: Share Transfer Details - Hubei Cultural Tourism will acquire 58.32 million unrestricted circulating shares at a price of 25.71 yuan per share, totaling 1.499 billion yuan, representing 29.99% of the company's total share capital [1] - Wu Qiyuan will transfer 14.42% of shares, while other shareholders will transfer 13.17% and 2.40% respectively [1] Group 2: Governance and Management Changes - Wu Qiyuan will irrevocably waive voting rights for 10% of shares after the transfer until Hubei Cultural Tourism's stake exceeds 7% of the original shareholders [2] - Hubei Cultural Tourism plans to maintain the existing core management team and will only recommend a financial officer and one vice president for daily operations [3] Group 3: Strategic Intentions - Hubei Cultural Tourism aims to inject quality hospitality assets into Junting Hotel and support its financing activities, positioning it as a benchmark in the hotel industry and cultural tourism integration [3] - The company will adhere to principles of "baseline supervision + strategic guidance" in key areas such as service quality, safety production, and legal compliance [2] Group 4: Financial Performance - In the first three quarters, Junting Hotel reported revenue of 506 million yuan, a year-on-year increase of 0.58%, while net profit decreased by 45.92% to 9.9 million yuan [3]