对于第三季度，华住集团给出的业绩指引为：预期收入较2024年第三季度增长介于2%至6%，或增长介 于4%至8%（不计入华住国际）；管理加盟及特许经营收入将较2024年第三季度增长介于20%至24%。 21世纪经济报道记者 张赛男 华住集团首席执行官金辉表示："未来，华住将通过对老产品的持续升级迭代，以及加强收益管理和本 地营销能力，推动单店RevPAR（平均可出租客房收入）的增长。" 8月20日，华住集团（NASDAQ：HTHT；01179.HK）发布2025年第二季度财务业绩。财报显示，今年 二季度华住集团的酒店营业额为269亿元，同比增长15%。同期，集团收入达64亿元，同比增长4.5%； 经调整净利润13.5亿元，同比增长7.6%；经调整EBITDA（息税折旧及摊销前利润）23亿元，同比增长 11.3%。 在去年二季度达成"万店"目标后，华住集团酒店数量还在持续增长。截至二季度末，集团在营酒店总数 达12,137家，同比增长18%；在营客房总数1,184,915间，同比增加18.3%。报告期内，集团新开业酒店 597家，待开业酒店2,947家，期末运营中及待开业酒店合计覆盖城市达1,522个。 从收入管 ...

Core Viewpoint - Yunnan Chengtou (600239.SH) is undergoing significant management changes following a profit warning for the first half of 2025, with the company expecting a net loss of between 30 million to 40 million yuan, marking a continued trend of losses since 2019 [1][8]. Management Changes - Recent announcements indicate that Cui Kai has resigned as General Manager while continuing as Chairman, and Li Yang has been appointed as the new General Manager [1][3]. - Both Cui Kai and Li Yang are in their 30s and have extensive experience within the company, with Cui Kai previously serving as the Chief Financial Officer [4][5]. - The management reshuffle follows the resignation of former Chairman Kong Weiran, who served for over two years and was the first female chairman in the company's history [1][5]. Financial Performance - Yunnan Chengtou has reported a projected net loss for the first half of 2025, with a decrease in losses compared to the previous year [1][8]. - The company has faced continuous losses for six years, with significant losses exceeding 2.5 billion yuan in 2019 and 2020 [8]. - As of the first quarter of 2025, the company's asset-liability ratio stands at 80.93%, indicating high financial leverage [10]. Business Strategy and Operations - The company is transitioning towards a "light asset" strategy, focusing on property management and commercial operations amidst increasing competition [10][11]. - In 2024, Yunnan Chengtou reported revenues of 1.929 billion yuan, with property management and commercial operations contributing 1.229 billion yuan, accounting for 63.73% of total revenue [9]. - The company has been actively selling off non-core assets to alleviate financial pressure, with significant asset disposals occurring in recent years [11].

转自：新华财经 "'新投时代中心'的升级改造，是兰州新区产城融合战略的重要实践。通过与东百集团这样的专业运营 商合作，不仅能补齐区域商业配套短板，更能形成产商互促的良性发展格局。"甘肃省新投商业管理有 限公司副总经理牟德勇说，项目成熟运营后，将成为集购物、餐饮、娱乐、文化、社交、商务服务于一 体的一站式体验中心，打造成为兰州新区的城市会客厅+消费新地标，带动周边物业价值提升，成为助 推城市能级跃升的新引擎。 据介绍，"新投时代中心"项目将充分发挥东百集团在商业运营、品牌招商、顾客运营等方面的专业优 势，并依托"兰州中心"等标杆项目的成功经验，结合兰州新区本地消费特点，创新商业模式，使其成为 区域内规模领先、业态丰富的城市综合商业体，为消费者带来全新的消费体验。在双循环新发展格局 下，这场专业运营商与新兴增长极的强强联合，将为兰州新区城市发展注入新的发展活力，书写西北商 业升级的新篇章。（王恒尚） 编辑：赵鼎 近日，成功运营"兰州中心"商业项目的东百集团与甘肃省新投商业管理有限公司正式签署合作协议，全 面承接兰州新区"新投时代中心"项目的轻资产管理运营，这是东百集团在西北市场落地的第二个轻资产 项目，标志着其" ...