Core Viewpoint - Junting Hotel (301073) announced on November 20 that it plans to acquire the remaining 21% equity of Junlan Management for a price of 79.8 million yuan, which will result in the company holding 100% equity of Zhejiang Junlan Hotel Management Co., Ltd. This acquisition marks a deepening phase of integration for the "Junlan" brand system and further solidifies the company's strategic leading position in the mid-to-high-end hotel management service sector [1]. Group 1 - The acquisition price for the remaining 21% equity is 79.8 million yuan [1] - After the acquisition, Junting Hotel will own 100% of Zhejiang Junlan Hotel Management Co., Ltd. [1] - This transaction signifies a deeper integration of the "Junlan" brand system [1] Group 2 - The acquisition strengthens the company's strategic position in the mid-to-high-end hotel management service industry [1]