CYTS Shanshui Hotel Group Co., Ltd.

Shenzhen CYTS Shanshui Hotel Co., Ltd. (hereinafter referred to as CYTS Shanshui) is a directly affiliated enterprise of CYTS Holdings Co., Ltd. (SH: 600138), a well-known listed company in the tourism industry, and is a company specializing in the investment, development, operation, and management of chain hotels. The company was established on March 9, 1999; registered capital: 100 million yuan; founder Mr. Cai Haiyang has relied more on innovation and individuality since its founding in 2002 through its development and growth. Seeking development through innovation, and seeking innovation through development; creating individuality within commonality, and seeking commonality within individuality. It has successively established hotel brands such as "Shanshui Fashion," "Shanshui Design," and "Shanshui Ace," attracting attention and recognition in Shenzhen and even across the country. In particular, with its unique style, individualized experience, convenient service, and value-for-money pricing, it filled the gap in the mid-range business hotel market, stood out in the industry, and won widespread social praise and emulation by peers. In recent years, CYTS Shanshui has successively won honors such as "Top Ten Chain Brand Hotels," "Top Ten Low-Carbon Theme Hotels," "Shenzhen's First Batch of Green Hotel Titles," "Most Popular Business Hotel Brand in the Guangdong-Hong Kong-Macao Region," "China's Best Boutique Hotel Brand," "Guangdong Province Gold Medal Managed Hotel," "China Hotel Industry Best Brand," and "China Hotel Group Top 60." In the face of honors, CYTS Shanshui has never stopped, and has now become China's leading mid-range hotel brand, possessing the brand genes and service connotations for rapid growth and development in the next stage. CYTS Shanshui hopes to maximize brand value in the future, provide customers with better products and services, provide employees with a better stage for growth, set a better growth model for the hotel industry, and fulfill the responsibilities and obligations of a corporate citizen. In addition to adhering to chain-based operations, CYTS Shanshui also actively participates in outsourced management services for sports events and festival activities, allowing chain-based brand operations to break away from tangible hotels and enter a larger intangible service market. The company has successively obtained accommodation services for large-scale projects such as "2008 Olympic Games Reception Project Services," "2011 World University Games Universiade Village Accommodation Services," "2013 Second Asian Youth Games," and "2014 Second Summer Youth Olympic Games." During the 2008 Beijing Olympic Games, CYTS Shanshui received a total of 10,000 Olympic spectators organized and received by some Olympic sponsors in the Beijing area. During the 2011 World University Games, CYTS Shanshui received more than 2,000 athletes and accompanying personnel from 45 countries and regions. During the 2013 Second Asian Youth Games, CYTS Shanshui received more than 1,200 athletes from various Asian countries and regions and managed more than 240 athlete apartments. At the 2014 Second Summer Youth Olympic Games, CYTS Shanshui received more than 10,000 young athletes and accompanying personnel from 204 countries and regions around the world and managed more than 800 athlete apartments. At the 2015 First National Youth Games, CYTS Shanshui received 2,000 athletes and more than 10,000 room nights of guest room usage. At present, most of the company's chain stores in Shenzhen and even across the country are leased properties, but with the continuous expansion of our main business, in the future we will base ourselves in Shenzhen and Longgang District, focus on the Pearl River Delta, Bohai Rim, Yangtze River Delta, Central China and other regions as key development areas, gradually expand to major and medium-sized cities across the country, and strive to develop into a distinctive and model-leading mid-range chain hotel investment management group. At present, the number of CYTS Shanshui hotels has reached nearly 100, with directly operated stores accounting for more than 70% of the total. The total number of guest rooms exceeds 6,000, with more than 1,800 employees, covering four major regions: South China, North China, East China, and Southwest China. This year, the goal is to add 30 stores nationwide, especially in first-tier cities such as Shenzhen and Guangzhou.