Huazhu Group Limited Information

Since its inception in 2005, H World Group (H World Group Limited, NASDAQ: HTHT; HKEX: 1179.HK) is a major operator in the global hotel industry. As of September 30, 2023, H World operated 9,157 hotels with 885,756 rooms in operation in 18 countries. Nowadays, H World Group has become one of the fastest-growing hotel groups in the world. In 2010, H World Group was successfully listed on the NASDAQ in the United States; in September 2020, H World Group achieved a secondary listing on the Main Board of the Hong Kong Stock Exchange. In the "World's Top 50 Hotel Brands List", H World's HanTing Hotel, JI Hotel and Ni Hao Hotel are all on the list. HanTing, a subsidiary of H World, has been ranked as one of the top 100 most valuable Chinese brands by BrandZ for six consecutive years, and in January 2023, H World was listed in the Hurun China 500 Most Valuable Private Companies 2022 and ranked No. 126. H World Group operates 31 hotel and apartment brands, covering the luxury to economy markets. The brands operated in China include Joya Hotel, Blossom House, Madison International Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Mercure Hotel, CitiGO Hotel, JI Hotel, Orange Hotel, HanTing Hotel, Starway Hotel, Ibis, Hi Inn Hotel, NiHao Hotel, CJIA Apartment and Suisse Place, as well as co-development rights for Grand Mercure and Novotel, and Citadines Apartment Hotel. Focusing on long-termism, H World puts forward the "lean growth" strategy based on qualified hotels, paying more attention to the management of hotels while expanding scale. We insist on innovation and brand upgrading, optimising and improving the quality of hotels and services, and making use of the "three-dimensional integration" advantages of brand, traffic and technology to expand the business. "We will continue to improve the quality and service of our hotels and make the most of advantages like brand, traffic and technology.”