Our hotel management team managed a total of 38 hotels, of which 2
were in Hong Kong, 1 in Macau and 35 in Mainland China. Out of the
above hotels, 9 were owned by the Group (2 in Hong Kong, 4 in
Shenzhen, 1 in Zhuhai, 1 in Changzhou and 1 in Zhengzhou), and the
following are some of our Group hotels: