Before we continue, please note that the discussion today will include forward-looking statements made under the safe harbor provision of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, our results may be materially different from the views expressed today. Thank you, Sarah. Good morning and good evening, everyone. Thanks for joining us today. Welcome to Edgeworld Group 2024 Fourth Quarter and Full Year Earning ...

第137届中国进出口商品交易会（广交会）将于2025年4月15日至5月5日在广州举办。伴随广交会的临 近，白云机场口岸客流呈现稳步增长态势。广州酒店业已迎来客商入住高峰，共建"一带一路"国家采购 商占比显著提升，"商务+度假"类型的客人比例增加。 广州酒店业已迎来广交会客商入住高峰 来自岭南酒店的数据显示，根据当前的预定情况，预计本届春交会期间，酒店普通散客及团队与去年同 期相比有所提升，广交会首期酒店客房收入预计同比会有一定增长；广交会第二期、第三期预计会采取 更为灵活的经营策略，以更为创新型产品及体验来吸引更多新客群，为酒店经营带来新空间。 爱群大酒店在2025年春季广交会第一期岭居创享公寓沿江路店江景双床房已订满，主要以线上渠道预订 为主。价格方面为了保持高性价比，特别推出连住优惠和连住赠餐券的超高性价比套餐，更可凭房卡到 餐厅消费享受折扣等多种实惠措施。今年爱群大酒店岭居创享公寓不仅提供优质的自助早餐，房间内洗 烘一体洗衣机，为客人多天入住清洗其衣物，更增设广交会接驳巴士服务，有望通过交通服务吸引更多 广交会的宾客入住临江房间的爱群大酒店。 另据消息，目前华住在广州拥有146家酒店，已经提前做好充分准 ...

上述数据未包括赴美加拿大游客人数和经陆路入境美国的墨西哥游客人数。 对于这一下降，牛津经济研究院11日发布的报告分析称，这是"美国优先"立场强化带来的全球影响， 复活节假期推迟也是原因之一。 该报告解释称，特朗普政府的政策和声明加剧了潜在国际游客对美国的负面情绪、美国日益强化的边 境安全措施和移民执法行动以及美元走强阻碍了游客赴美旅行。报告预计特朗普4月2日宣布的对等 关税计划可能会招致国际游客的进一步抵制。 2025.04. 13 本文字数：1606，阅读时长大约3分钟 作者 | 第一财经 程程 特朗普近期的争议性政策与言论正在"劝退"全球旅行者——最近数据显示，3月份赴美的国际旅行者 数量显著下降。 第一财经记者查阅美国商务部国际贸易管理局（ITA）的最新数据发现，3月份赴美海外游客数量同 比下降11.6%。占国际游客80%的西欧、亚洲和南美洲地区均出现不同程度的下降。来自西欧的旅客 人数3月同比17.2%，其中来自英国和德国的游客数量下降尤为显著。亚洲和南美洲地区的数据分别 下降3.4%和10.4%。 游客在美国首都华盛顿的国家广场游览。（图源：新华社） 国际游客赴美预测遭下调 去年，赴美国际游客数量大 ...

2025年清明假期，全国接待国内游客总量达到1.26亿人次，同比增长6.3%。旅游热潮的升温直接带动了 酒店业的回暖，不仅国内各大热门赏花城市的酒店入住率显著攀升，国际酒店预订热度也出现大幅增 长。 与往年不同的是，消费者的住宿需求正从"价格导向"逐渐走向"体验导向"，而酒店行业在新一轮消费结 构变化中，正经历一场从运营模式到服务内容的深层次变革。 "赏花经济"撬动酒店需求结构变化：体验型消费崛起，价格敏感度下降 2025年清明假期，随着天气回暖与花期集中，全国迎来了一波出游小高潮。短线自驾、长线赏花乃至出 境踏青等多元出行方式的并发，推动着旅游住宿需求快速释放。 有关数据显示，仅华住集团旗下酒店三天累计接待人数就接近317万人次，同比增长20%以上，多个酒 店品牌首日入住率接近90%。 业内人士指出，这反映出部分旅游消费者尤其是中产及年轻群体，对"价格-价值"之间的容忍区间已提 升。"只要体验感值回票价，价格不是核心。"某中高端连锁酒店区域运营经理透露。 此外，清明假期也带来了明显的"下沉市场"红利。华住数据显示，许昌、咸宁、辽阳、萍乡等三四线城 市酒店入住率均超过88%，高于多数一线城市水平。传统"过境型 ...

来源 | 凤凰网《风暴眼》 作者|李晓光 如果只看微信，谁也不会相信丁肯是一个来自佛罗里达的美国人。 他的微信头像是一幅"天道酬勤"的毛笔字，微信昵称前面还挂着一个只有中国销售人员才会使用的前缀" AAA "——这样做可以让自己的微信名永远 出现在对方好友列表的第一栏。 这个年轻的美国商人在中国还学到了另外一个做生意的诀窍——如果到线下的市场去看产品，他不会说自己是一个"老外"，而是会谎称自己是来自中 国边疆的少数民族。 曾经，这些"中国化"的生意技巧让丁肯左右逢源；如今，在一头撞上了特朗普所谓的"去中国化"的无理措施后，丁肯体会到了另外一个词，进退维 谷。 "当下要是发货，就得额外背负百万元的关税成本。可要是刚发完货，关税又取消了，那这多花的钱岂不是打了水漂？但要是暂缓发货，又怕后续关 税政策进一步收紧，到时候成本更高。"丁肯对凤凰网《风暴眼》说道。 特朗普如同儿戏般的关税政策，让丁肯觉得自己像在玩一场俄罗斯轮盘赌，谁都不知道下一枪会不会响。 "有什么意义？" ， " 我们这些小商人怎么办？ " 贸易战没有赢家，最先倒下的，永远是夹在中间的生意人 。 "我们关税比货还贵"，丁肯在朋友圈写道， 配图是两名工人 ...

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].

证券代码：600754/900934 证券简称：锦江酒店/锦江B股 公告编号：2025-009 上海锦江国际酒店股份有限公司 关于会计政策变更的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 根据中华人民共和国财政部（以下简称"财政部"）于 2023 年 10 月发布的《企业 会计准则解释第 17 号》（财会〔2023〕21 号）（以下简称"准则解释 17 号"）以 及 2024 年 12 月发布的《企业会计准则解释第 18 号》（财会〔2024〕24 号）（以 下简称"准则解释 18 号"）的相关规定，上海锦江国际酒店股份有限公司（以下简 称"公司"）对公司会计政策进行相应变更，本次会计政策变更对公司的财务状况 和经营成果无重大影响。 一、本次会计政策变更概述 （一）变更原因 财政部于 2023 年 10 月发布了准则解释 17 号，规定了"关于流动负债与非流动负 债的划分"、"关于供应商融资安排的披露"、"关于售后租回交易的会计处理"的相 关内容，该解释规定自 2024 年 1 月 1 日起施行。 ...

Core Viewpoint - The report provides a reasonable assurance on the management and actual use of the funds raised by Shanghai Jin Jiang International Hotel Co., Ltd. for the year 2024, confirming compliance with regulatory requirements and accurate reflection of fund usage [1][3][11]. Group 1: Responsibilities - The responsibility for preparing the special report lies with the board of directors of Jin Jiang Hotel, which includes ensuring the report's content is true, accurate, and complete, without any false records or significant omissions [2][4]. - The registered accountants are responsible for providing assurance on the special report based on their verification work, adhering to professional ethical standards [2][3]. Group 2: Fundraising and Usage - The company raised a total of RMB 4,999,999,985.80 through a non-public offering of 112,107,623 shares at RMB 44.60 per share, with a net amount of RMB 4,978,545,167.30 after deducting issuance costs [4][11]. - As of December 31, 2024, the total amount of funds used is RMB 297,570.86 million, which includes RMB 16,285.48 million used in the current year [4][7][11]. Group 3: Fund Management - The company has established a management system for the raised funds, including special account storage and strict approval procedures to ensure proper management and usage [4][5]. - The total balance of the funds in special accounts as of December 31, 2024, is RMB 231,405.42 million, distributed across various banks [7][11]. Group 4: Changes in Fund Usage - The company has approved changes in the use of part of the raised funds, reallocating RMB 85,020.00 million for acquiring a 65% stake in WeHotel and RMB 32,700.00 million for acquiring an additional 25% stake [10][11]. - The company has also used its own funds to pay for certain project expenses, which will later be replaced with the raised funds, amounting to RMB 29,846.17 million [8][11]. Group 5: Compliance and Issues - The report confirms that the company has adhered to the regulations regarding the management and use of raised funds, with no violations reported [11]. - There were instances of judicial seizure of funds amounting to RMB 3.42 million and RMB 1.27 million due to labor disputes, but the company has taken measures to address these issues without significant impact on operations [9][11].

Core Points - The company plans to purchase Directors and Officers (D&O) liability insurance to enhance governance and risk management for its board members and senior management [1][2] - The decision to purchase the insurance will be submitted for approval at the upcoming annual shareholders' meeting [2] Group 1: D&O Liability Insurance Plan - The D&O liability insurance aims to protect the legal rights of the company's directors, supervisors, and senior management [1] - The company will authorize the board and potentially the management team to handle all matters related to the purchase of the D&O insurance, including selecting the insurance company and determining the insurance terms [1] Group 2: Approval Process - The company held meetings on March 31, 2025, to discuss the D&O insurance proposal, with all directors and supervisors abstaining from voting on the matter [2] - The proposal will be directly submitted for review at the 2024 annual shareholders' meeting [2]

关于北京首旅酒店 (集团) 股份有限公司 LLP 毕马威华振会计师事务所 Oriental Plaza Beijing 100738 Telephone +86 (10) 8508 5000 中国北京 东方广场毕马威大楼 8 层 China 邮政编码:100738 电话 +86 (10) 8508 5000 5111 传真 +86 (10) 8518 5111 网址 kpmg.com/cn KPMG Huazhen 我们接受委托，按照中国注册会计师审计准则审计了北京首旅酒店 (集团) 股份有限公 司 (以下简称"首旅酒店") 2024 年度的财务报表，包括 2024 年 12 月 31 日的合并及母公 司资产负债表，2024 年度的合并及母公司利润表、合并及母公司现金流量表、合并及母公 司股东权益变动表以及相关财务报表附注，并于 2025 年 3 月 26 日签发了无保留意见的审 计报告。 根据中国证券监督管理委员会、中华人民共和国公安部、国务院国有资产监督管理委 员会和中国银行保险监督管理委员会发布的《上市公司监管指引第 8 号——上市公司资金 往来、对外担保的监管要求》(证监会公告 2022 26 号) ...