借助赛事活动，怀柔区还联动区内商业资源，推出多项商业消费优惠：区内重点商圈也将推出系列促 销，其中万达广场将结合慈善跑发放优惠券，京北大世界和星东天地部分品牌折扣低至6.8折；凯宾斯 基、满乡小馆、群生、三卅等特色餐饮品牌同步推出马拉松及"十一"专属用餐优惠。 赛事当天，怀柔会展中心市集将集中展销长城主题文创产品、本土特色纪念品及怀柔特色商品，方便市 民游客把"怀柔记忆"带回家。 为更好地服务参赛选手，赛事沿途雁栖酒店、雁柏山庄等11家酒店及区域内7家品质酒店，将提前至6时 供应早餐，并免费延迟退房时间至16时，全力保障跑者赛前准备与赛后休息。此外，怀柔区内80家特色 民宿同步推出8折优惠，涵盖山景露台、农家院落等多种类型。 北京商报讯（记者 吴其芸）2025年怀柔长城马拉松暨扎耶德慈善跑将于9月21日正式开跑，赛事不仅串 联起怀柔区内知名景点，让参赛选手在奔跑中感受"山—水—城"，更联动文旅、商业、餐饮等百家企业 和商圈，推出涵盖"吃住行游购娱"的全方位优惠，为参赛者和游客提供更加丰富的农文商旅体融合体 验。 活动期间，怀柔区多家景区面向马拉松参与者推出专属游览福利。9月19日—10月31日，凭中签通知或 ...

来源：千龙网 美高梅国际酒店集团中国区酒店总裁周锋强调："美高梅的品牌DNA始终根植于娱乐创新，我们将把魔 术这一'无国界的艺术语言'深度融入酒店场景——设置多种魔法触点，构建真正常态化、可生长的魔术 生态。" "美高梅奇幻魔法大秀"作为项目首发之作，将于2025年10月3日至5日在深圳美高梅酒店华彩登场。这场 大型驻场演出由李宁亲自策划监制，携手四位风格各异、技艺卓绝的知名新生代魔术师。 整场大秀共分为三大篇章，循序展开宾客的感官沉浸与情绪递进体验：从进入酒店的那一刻起，"魔法 之旅"便已启程；走进剧场，60分钟魔术大秀开启，中国小剧场魔术第一人孙峥、国家一级演员朱明 珠、国际魔术大赛冠军张俊喆、大湾区知名舞台艺术家RAY洪锐佳将分别带来风格迥异的演出。 钓鱼台美高梅酒店集团将继续以国际化的格局与在地化的创造力，以跨越时空的娱乐基因，在东西方文 明的交汇处，编织一场永不落幕的沉浸传奇。 【2025年9月，深圳】钓鱼台美高梅酒店集团（以下简称"集团"）将于10月正式启动"美高梅魔法生 态"项目，以魔术艺术为核心驱动力，开创跨界文旅新体验。中国杂技家协会副主席、全国魔术艺术委 员会主任李宁将出任美高梅魔术艺术首 ...

Core Viewpoint - The company emphasizes its innovative business model and commitment to fair pricing, which has allowed it to become a leading player in various retail sectors, including electronics and home appliances [4][5]. Group 1: Business Model and Growth - The company started with a transparent pricing model in 2004, which replaced traditional opaque pricing in the electronics market [4]. - By 2009, the company expanded into the home appliance sector, despite initial resistance from investors, and by 2016, it became the largest home appliance retailer in China [5][6]. - The company has successfully entered multiple categories, including fresh food and fashion, establishing itself as a leader in these markets [5][6]. Group 2: Industry Challenges and Innovations - The company identified significant pain points in the food delivery and hotel industries, where high commission rates negatively impact service quality and profitability for small businesses [6][7]. - The introduction of the "Seven Fresh Kitchen" model has led to a 30% increase in sales for local restaurants within a 5-kilometer radius, demonstrating that the company's model can coexist with and support existing businesses [7][8]. - The company has hired 280,000 delivery riders and is committed to providing full social insurance, setting a new standard in the food delivery industry [9]. Group 3: Brand and Consumer Engagement - The company aims to build trust and enhance consumer experience through high-quality products and services, similar to the approach taken by renowned brands like Moutai [9][11]. - The company values direct communication with consumers, as evidenced by its ongoing user meetups, which facilitate feedback and engagement [10].

Company Overview - Junting Hotel Group Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on August 8, 2007. The company went public on September 30, 2021. Its main business involves full-service high-end resort and business hotel management, as well as limited-service mid-to-high-end hotel operations and management [1] - The revenue composition of the company includes: accommodation services 67.55%, hotel management 16.21%, catering services 9.76%, and other supporting services 6.47% [1] Stock Performance - On September 17, Junting Hotel's stock fell by 5.12%, closing at 25.41 yuan per share, with a trading volume of 361 million yuan and a turnover rate of 7.84%. The total market capitalization is 4.941 billion yuan [1] Shareholder Information - Among the top ten circulating shareholders of Junting Hotel, one fund from Nuoan Fund ranks as a significant shareholder. Nuoan Balanced Mixed A (320001) entered the top ten circulating shareholders in the second quarter, holding 466,200 shares, which accounts for 0.26% of the circulating shares. The estimated floating loss today is approximately 638,700 yuan [2] - Nuoan Balanced Mixed A (320001) was established on May 21, 2004, with a latest scale of 1.274 billion yuan. Year-to-date returns are 42.35%, ranking 1388 out of 8172 in its category; the one-year return is 70.83%, ranking 1595 out of 7980; and since inception, the return is 671.2% [2]

Investment Rating - The report maintains a "Buy" rating for several companies in the service consumption sector, including Gu Ming, Mi Xue, Cha Bai Dao, Xiao Cai Yuan, Da Shi, and others [7][8]. Core Insights - The recent policy measures aimed at expanding service consumption are expected to boost the service sector, particularly in areas such as cultural tourism, IP consumption, and elderly care [1][2]. - The report highlights the potential for significant growth in China's service consumption, with the current contribution of service industry value added to GDP at 57%, compared to around 70% in developed countries, indicating room for expansion [1][2]. - The report emphasizes the importance of high-quality service supply and the integration of new technologies and business models to enhance the service sector [1][4]. Summary by Sections Policy Measures - The report outlines five key areas with 19 specific measures to promote service consumption, including the cultivation of service consumption platforms and the enhancement of high-quality service supply [3][4]. - Specific initiatives include optimizing cultural product offerings, extending operating hours for tourist attractions, and promoting long-term care insurance [3]. Market Performance - As of August 2025, retail and catering revenue reached 449.6 billion yuan, showing a year-on-year growth of 2.1%, indicating a recovery from previous lows [4]. - Domestic travel during the first half of 2025 saw 3.285 billion trips, a 20.6% increase year-on-year, with spending reaching 3.15 trillion yuan, up 15.2% [4]. Company Recommendations - The report suggests focusing on leading companies with growth potential and strong market positions, such as Gu Ming, Mi Xue, and others, which are expected to benefit from policy support and industry consolidation [5][8]. - Specific companies highlighted for their growth potential include Gu Ming (1364 HK), Mi Xue Group (2097 HK), and others, with target prices set for each [8][12]. Financial Performance - Gu Ming reported a 34.4% year-on-year increase in GMV to 14.1 billion yuan in the first half of 2025, with a net profit of 1.625 billion yuan, reflecting a 121.5% increase [13]. - Mi Xue Group's revenue for the first half of 2025 was 14.87 billion yuan, a 39.3% increase year-on-year, with a net profit of 2.69 billion yuan, up 42.9% [15]. Growth Outlook - The report anticipates that as the new measures are implemented, the service sector will experience a surge in high-quality supply and innovative business models, driving domestic demand growth [4][5].

截至6月30日，锦江酒店股东户数8.14万，较上期增加20.86%；人均流通股14709股，较上期减少 23.25%。2025年1月-6月，锦江酒店实现营业收入65.26亿元，同比减少5.31%；归母净利润3.71亿元，同 比减少56.27%。 9月17日，锦江酒店盘中上涨2.11%，截至13:10，报24.69元/股，成交3.41亿元，换手率1.56%，总市值 263.55亿元。 资金流向方面，主力资金净流出2167.20万元，特大单买入1259.00万元，占比3.70%，卖出2519.93万 元，占比7.40%；大单买入6834.45万元，占比20.06%，卖出7740.73万元，占比22.72%。 锦江酒店今年以来股价跌6.76%，近5个交易日涨4.84%，近20日涨6.98%，近60日涨11.57%。 资料显示，上海锦江国际酒店股份有限公司位于上海市延安东路100号20楼,香港铜锣湾勿地臣街1号时 代广场2座31楼，成立日期1994年12月13日，上市日期1996年10月11日，公司主营业务涉及有限服务型 酒店营运及管理业务和食品及餐饮业务。主营业务收入构成为：有限服务型酒店营运及管理业务 96.58 ...

Economic Development - In 2024, the GDP of Jing'an District is projected to reach 336.99 billion yuan, surpassing the 300 billion yuan mark, with public budget revenue of 30.22 billion yuan, ranking among the top in the city [1] - Since 2021, Jing'an has attracted a total of 991 first stores and 85 regional headquarters of multinational companies, with headquarters economy tax contributions growing at an average annual rate of 11.1% [1] Consumer Trends - The arrival of the "Louis" cruise ship in June has significantly boosted foot traffic in the Nanjing West Road business district, with an average daily footfall of 509,300, a year-on-year increase of 61.7% [3] - The sales at Xinyi Taikoo Hui increased by 70%, with surrounding projects also experiencing significant growth, such as Zhangyuan and Starbucks, which saw increases of 110% and 30% respectively [3] Internationalization and Tax Policies - Jing'an District has over 500 merchants participating in the departure tax refund program, accounting for about half of the city's total departure tax refund sales from January to July this year [6] - The district aims to increase the number of departure tax refund merchants to 1,000, enhancing its status as a departure tax refund demonstration area [6] Innovation and Industry Development - The "Meichuang Jingjie" skin health management innovation center has attracted over 40 cosmetic companies since its launch in May, aiming to cultivate a new trillion-yuan skin health industry cluster [8] - The center collaborates with institutions like Huashan Hospital to provide technical support and has established a public laboratory for industry standards and operational processes [10][11] Urban Renewal and Living Environment - The renovation of the former Four Seasons Hotel into the Fengsheng Commercial Center integrates urban resort hotels, fashion commerce, and modern offices, enhancing the commercial ecosystem [12][13] - Jing'an has completed the renovation of 47 old sites, improving living conditions and creating new housing options for urban workers, with a focus on community and support services [14][16]

Core Insights - The maternity center industry is facing significant challenges, with predictions that up to 60% of centers may close by 2025 due to overexpansion and insufficient demand [1][5] - High-end hotels are also struggling, with over 1,000 mid-range and upscale hotels closing last year, and many facing bankruptcy [1][5] - A trend of maternity centers partnering with high-end hotels is emerging as a potential solution for both industries [1][7] Industry Overview - The number of maternity centers in first-tier and new first-tier cities has increased by nearly 80% over the past five years, while demand has only grown by 40-50% [2] - The closure of maternity centers has accelerated, with at least ten centers shutting down in the first two months of the year [4] - Mid-range maternity centers are the hardest hit, while high-end centers show resilience and continued growth [5] Financial Performance - Saint Bella, a high-end maternity center, reported a total revenue of 523 million yuan in the first half of 2025, a 35% year-on-year increase, and a net profit of 327 million yuan [7] - The average contract value for postpartum care services at Saint Bella centers has shown a slight increase from 6,740 yuan in 2022 to 7,015 yuan in 2024 [6] Cost Structure - High-end maternity centers face high operational costs, particularly in rent and labor, which can account for 20-30% of their revenue [9][12] - Labor costs for high-end maternity centers are significantly higher than in other standardized service industries, with Saint Bella's labor costs comprising over 30% of total sales costs [12][14] Market Dynamics - The maternity center market is experiencing a significant contraction, with over half of the existing centers closing in the past two years [15] - The high-end hotel sector is exploring new business models to utilize vacant rooms, including the integration of maternity centers [9][18] - Despite the potential benefits of partnerships, the scalability of high-end maternity centers remains a challenge due to high costs and market saturation [11][14]

继亲自送外卖后，刘强东又首次以"主厨"身份亮相。 "第一次直播很紧张，像贾国龙第一次炒菜一样紧张，像罗永浩第一次说脱口秀一样紧张。"京东集团创始人、董事局主席刘强东9月16日晚现身"京东品酒 会"直播间，现场烹制宿迁名菜"黄狗猪头肉"，并透露了酒店发展计划。 不想把酒店再拉进价格战 据悉，这是京东时隔近20年重启"用户见面会"。当晚，刘强东身着围裙，现场演示炒糖色、调味等步骤。谈到做菜，刘强东表示只要回家，基本上天天都 会给家人做饭。 "后续将公布全新的酒店发展计划。"刘强东在本次活动中透露，不想把酒店再拉进价格战，让酒店从业者将价格进一步降低，最后卷到服务品质下降，利 润空间受到挤压，整个生态受到破坏。 七鲜小厨是京东旗下的合营品质餐饮制作平台，主打现炒现做和透明厨房，帮助品质餐厅获得更多销量。针对"七鲜小厨会导致夫妻老婆店倒闭"的说法， 刘强东现场回应。他分享了一组数据：七鲜小厨首店上线2个月，一天至少1500单，七鲜小厨5公里范围内很多商家单量上涨30%。 "30%的增长也就意味着我们没有挤压这个范围内餐饮从业者的收入空间，反而给他们带来了信任，带来更多的流量。这就像电商一样，有人说京东自营 太强大，所 ...

记者丨孔海丽 编辑丨朱益民 "兴哥（王兴）我很尊重，（王）莆中我也很赞赏，企业家不应该变成仇人，我们民营企业都简单点， 不要把正常商业竞争变成个人恩怨。"9月16日晚间，京东集团董事局主席刘强东在京东品酒会上围绕民 营企业竞争、外卖酒旅业务布局、创业历程等话题做了全面分享。 "京东不打酒店价格战"。刘强东强调，京东进军酒旅不会让酒店从业者进一步降低价格，大概两三周后 会公布全新的酒店发展计划。 他呼吁民营企业摒弃个人恩怨，聚焦战略、信誉等良性竞争；针对平台竞争，明确支持比拼品质、安全 的"向上卷"，反对低端化、扒利润的"向下卷"。 刘强东回忆了从电脑城柜台起步，借线上转型、逆势入局家电等关键决策，将京东打造成多品类行业第 一的历程，多次强调京东进入每一个行业是"为了解决痛点"。比如，因外卖平台25%高扣点的行业痛点 入局，且为骑手足额缴五险一金，创新模式自营"七鲜小厨"带动了周边餐饮增长。 "我们所有企业该竞争竞争，靠战略、靠商业模式、靠价值创造、靠信誉赢得消费者，想太多东西其实 对企业成本都很高的。"他说。 以下为刘强东分享全文，在不改变原意的前提下经编辑： 谈企业家：不要成仇人，企业该竞争（就）竞争 我今 ...