Group 1 - The core investment project involves the construction of new hotel properties by Beijing Shoulv Hotel Group Co., Ltd.'s indirect wholly-owned subsidiary, Homeinns Hotel Chain (China) Co., Ltd. [2][3] - The total estimated investment for the project is 280.51 million yuan, with funding sourced from Homeinns' own funds [3][10]. - The project is located at 1066 Luxin Avenue, Fenhu High-tech Zone, Wujiang District, Suzhou, Jiangsu Province, covering a planned total construction area of approximately 26,000 square meters [7][8]. Group 2 - The project includes the construction of two hotel properties along with related renovations and supporting works, with an estimated construction period of 14 months [11][19]. - The board of directors approved the investment proposal on February 11, 2026, and it does not require shareholder meeting approval [4][12]. - The investment does not involve related party transactions and does not constitute a major asset restructuring [5][12]. Group 3 - The project aims to strengthen the company's mid-to-high-end hotel brand positioning, enhancing market competitiveness and contributing to regional economic development [22][23]. - The project is strategically significant for leveraging opportunities in the Yangtze River Delta economic zone and accelerating brand asset deployment in East China [22][23]. - The investment is expected to have no significant impact on the company's overall revenue and profit [24].

Core Viewpoint - Shoulv Hotel (600258.SH) announced a significant investment in a new project through its subsidiary, Home Inn (China), involving a long-term lease agreement and substantial renovation plans [1] Group 1: Lease Agreement - Home Inn (China) signed a commercial property lease agreement with Beijing Capital Tourism Group and related enterprises for a duration of 10 years [1] - The total rental amount, including tax, is approximately 298.59 million yuan, while the property management fee amounts to about 24.15 million yuan, leading to a combined total of approximately 322.75 million yuan [1] - A security deposit of approximately 5.07 million yuan is also required under the lease agreement [1] Group 2: Project Investment - The company plans to invest approximately 108.19 million yuan for renovation and operational setup, focusing on three core hotel brands: Jianguo Platinum, Jianguo Puyin, and Jianguo Feiman [1] - The total projected investment for the project is around 435.99 million yuan [1]