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ANNUAL REPORT 2020 2020 Global Hotel Deployment

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ANNUAL REPORT 2020 2020 Global Hotel Deployment ANNUAL REPORT 2020 ANNUAL REPORT 2020 Global Hotel Deployment China Europe Africa Number of hotels: 8,226 Number of hotels: 1,008 Number of hotels: 37 Asia (excluding China) Americas Total Number of hotels: 206 Number of hotels: 17 Number of hotels: 9,494 Note: The above figures indicate owned or managed hotels in operation around the world. Annual Report 2020 Shanghai Jin Jiang Capital Company Limited 1 Contents Corporate Information 2 Group debts and financial conditions 36 Corporate Structure 3 Borrowings and pledge of assets 36 Information on Hotels of the Group 4 Treasury Management and Interest Rate Major Awards 9 Risk Management 38 Definitions and Glossary of Technical Terms 13 Financial Assets at Fair Value through Financial Highlights 16 Other Comprehensive Income 38 Operational Statistics 17 Financial Assets at Fair Value through Profit or Loss 38 Chairman’s Statement 18 Human resources and training 38 Directors, Supervisors and Senior Management 20 Social responsibility 39 Management Discussion and Analysis 24 Corporate strategies and outlook for future development 39 Business review 24 Report of the Directors 41 Full Service Hotels 27 Report of the Supervisory Committee 67 Select Service Hotels 28 Corporate Governance Report 68 Food and Restaurants 29 Environmental, Social and Governance Report 81 Passenger Transportation Vehicles and Logistics 29 Independent Auditor’s Report 105 Travel Agency 29 Consolidated Balance Sheet 112 Information Technology 30 Consolidated Income Statement 114 Financial review 31 Consolidated Statement of Comprehensive Income 115 Consolidated Statement of Changes in Equity 116 Consolidated Statement of Cash Flows 118 Notes to the Consolidated Financial Statements 120 2 Shanghai Jin Jiang Capital Company Limited Annual Report 2020 CORPORATE INFORMATION THE FIFTH SESSION OF THE BOARD REMUNERATION AND APPRAISAL INVESTOR AND MEDIA RELATIONS EXECUTIVE DIRECTORS COMMITTEE CONSULTANT Mr. Yu Minliang (Chairman) Mr. Ji Gang (Chairman) iPR Ogilvy & Mather Ms. Guo Lijuan (Vice Chairman) Ms. Guo Lijuan Mr. Chen Liming (Vice Chairman) Mr. Shen Liqiang PRINCIPAL BANKERS Mr. Ma Mingju Industrial and Commercial Bank of Ms. Zhou Wei STRATEGIC INVESTMENT China Mr. Sun Yu COMMITTEE Bank of China Mr. Chen Liming (Chairman) INDEPENDENT NON-EXECUTIVE Mr. Ma Mingju LEGAL ADDRESS DIRECTORS Dr. Rui Mingjie Room 316–318 Mr. Ji Gang No. 24 Yang Xin Dong Road Dr. Rui Mingjie INTERNATIONAL AUDITOR Shanghai Mr. Shen Liqiang PricewaterhouseCoopers The People’s Republic of China Certified Public Accountants and (the “PRC”) THE FIFTH SESSION OF THE Registered PIE SUPERVISORY COMMITTEE PRINCIPAL PLACES OF BUSINESS IN SUPERVISORS PRC AUDITOR THE PRC Mr. Wang Guoxing PricewaterhouseCoopers Zhong Tian LLP 26/F., Union Building (Chairman of Supervisory Committee) No. 100 Yan’an East Road Mr. Kuang Ke LEGAL ADVISERS Shanghai, the PRC Mr. Zhao Feng As to Hong Kong law & US law: Baker & McKenzie PRINCIPAL PLACES OF BUSINESS IN AUTHORIZED REPRESENTATIVES HONG KONG Ms. Guo Lijuan As to PRC law: Room 3203, 32nd Floor Ms. Zhang Jue King & Wood Mallesons Shun Tak Centre, West Tower 200 Connaught Road Central JOINT COMPANY SECRETARIES CHINESE NAME OF THE COMPANY Hong Kong Special Administrative Region Ms. Zhang Jue 上海錦江資本股份有限公司 of the PRC (“Hong Kong”) Ms. So Lai Shan ENGLISH NAME OF THE COMPANY STOCK EXCHANGE ON WHICH QUALIFIED ACCOUNTANT Shanghai Jin Jiang Capital H SHARES OF THE COMPANY Dr. Ai Gengyun Company Limited (“H SHARES”) ARE LISTED Main Board of The Stock Exchange of NOMINATION COMMITTEE H SHARE REGISTRAR AND Hong Kong Limited (the “Stock Mr. Yu Minliang (Chairman) TRANSFER OFFICE Exchange”) Dr. Rui Mingjie Computershare Hong Kong Investor Abbreviation of H Shares: Mr. Ji Gang Services Limited JINJIANGCAPITAL 錦江資本 17M Floor Stock code: 02006 AUDIT AND RISK CONTROL Hopewell Centre Website: www.jinjiangcapital.com COMMITTEE 183 Queen’s Road East Tel: (86-21) 6326 4000 Mr. Shen Liqiang (Chairman) Wanchai, Hong Kong Fax: (86-21) 6323 8221 Mr. Ji Gang Dr. Rui Mingjie Annual Report 2020 Shanghai Jin Jiang Capital Company Limited 3 CORPORATE STRUCTURE The following graph sets out the major business segments of the Company as at 31 December 2020: Jin Jiang International Public Shareholders Group 25% 75% The Group Full Service Hotels 100% Select Service Hotels Jin Jiang GDL Asia 100% 50.32% Select Service Hotels GDL Select Service Hotels Jin Jiang Hotels and Food and (600754.SH/900934.SH) Restaurants 96.50% Select Service Hotels Plateno Group 39.26% 80% Select Service Hotels Passenger Vienna Hotels Jin Jiang Online Transportation (600650.SH/900914.SH) Vehicles and Logistics 50.21% Jin Jiang Travel Travel Agency (900929.SH) Finance Other Business Company, etc. 4 Shanghai Jin Jiang Capital Company Limited Annual Report 2020 INFORMATION ON HOTELS OF THE GROUP INFORMATION ON HOTELS OF THE GROUP Full Service Hotels Select Service Hotels Total Number of Total number Number of Total number Number of Total number hotels of rooms hotels of rooms hotels of rooms China 88 26,589 8,138 817,389 8,226 843,978 Asia (excluding China) — — 206 22,716 206 22,716 Europe — — 1,008 71,181 1,008 71,181 Americas — — 17 3,198 17 3,198 Africa — — 37 5,012 37 5,012 Total 88 26,589 9,406 919,496 9,494 946,085 Note: 1. As at 31 December 2020, the Group owned or managed 9,494 hotels in operation with a total of 946,085 guest rooms located in 66 countries around the world, including 8,226 hotels in operation with a total of 843,978 guest rooms owned or managed in the PRC. Annual Report 2020 Shanghai Jin Jiang Capital Company Limited 5 INFORMATION ON HOTELS OF THE GROUP INFORMATION ON HOTELS OF THE GROUP 1 — STATISTICS OF ALL HOTELS Hotels in which the Hotels in which the Hotels owned by third Group held Hotel Group held Hotel Hotels owned by third parties but operated All hotels Interests and managed Interests but managed parties but managed under franchises granted Total number (As of 31 December 2020) by the Group by third parties by the Group by the Group of hotels Total Total Total Total Total Number of number of Number of number of Number of number of Number of number of Number of number of hotels rooms hotels rooms hotels rooms hotels rooms hotels rooms Hotel Category Full Service Hotels – 5-star Luxury Hotels 5 2,250 2 964 43 14,403 — — 50 17,617 – 4-star Luxury Hotels 10 3,262 1 383 37 7,946 — — 48 11,591 Sub-total 15 5,512 3 1,347 80 22,349 — — 98 29,208 Commercial Hotels 2 274 — — 1 56 — — 3 330 Total Number of Full Service Hotels 17 5,786 3 1,347 81 22,405 — — 101 29,538 Select Service Hotels — Middle-end hotels 125 22,265 — — — — 7,987 906,377 8,112 928,642 — Budget hotels 827 85,257 — — — — 5,519 416,617 6,346 501,874 Total number of Select Service Hotels 952 107,522 — — — — 13,506 1,322,994 14,458 1,430,516 Total 969 113,308 3 1,347 81 22,405 13,506 1,322,994 14,559 1,460,054 6 Shanghai Jin Jiang Capital Company Limited Annual Report 2020 INFORMATION ON HOTELS OF THE GROUP INFORMATION ON HOTELS OF THE GROUP 2 — STATISTICS OF HOTELS IN OPERATION Hotels in which the Hotels in which the Hotels owned by third Group held Hotel Group held Hotel Hotels owned by third parties but operated In operation Interests and managed Interests but managed parties but managed under franchises granted Total number (As of 31 December 2020) by the Group by third parties by the Group by the Group of hotels Total Total Total Total Total Number of number of Number of number of Number of number of Number of number of Number of number of hotels rooms hotels rooms hotels rooms hotels rooms hotels rooms Hotel Category Full Service Hotels – 5-star Luxury Hotels 5 2,250 2 964 36 12,612 — — 43 15,826 – 4-star Luxury Hotels 10 3,262 1 383 31 6,788 — — 42 10,433 Sub-total 15 5,512 3 1,347 67 19,400 — — 85 26,259 Commercial Hotels 2 274 — — 1 56 — — 3 330 Total Number of Full Service Hotels 17 5,786 3 1,347 68 19,456 — — 88 26,589 Select Service Hotels — Middle-end hotels 122 21,987 — — — — 4,300 490,502 4,422 512,489 — Budget hotels 812 83,590 — — — — 4,172 323,417 4,984 407,007 Total Number of Select Service Hotels 934 105,577 — — — — 8,472 813,919 9,406 919,496 Total 951 111,363 3 1,347 68 19,456 8,472 813,919 9,494 946,085 Annual Report 2020 Shanghai Jin Jiang Capital Company Limited 7 INFORMATION ON HOTELS OF THE GROUP INFORMATION ON HOTELS OF THE GROUP 3 — STATISTICS OF HOTELS UNDER DEVELOPMENT Hotels in which the Hotels in which the Hotels owned by third Group held Hotel Group held Hotel Hotels owned by third parties but operated Under development Interests and managed Interests but managed parties but managed under franchises granted Total number (As of 31 December 2020) by the Group by third parties by the Group by the Group of hotels Total Total Total Total Total Number of number of Number of number of Number of number of Number of number of Number of number of hotels rooms hotels rooms hotels rooms hotels rooms hotels rooms Hotel Category Full Service Hotels – 5-star Luxury Hotels — — — — 7 1,791 — — 7 1,791 – 4-star Luxury Hotels — — — — 6 1,158 — — 6 1,158 Sub-total — — — — 13 2,949 — — 13 2,949 Commercial Hotels — — — — — — — — — — Total Number of Full Service Hotels — — — — 13 2,949 — — 13 2,949 Select Service Hotels — Middle-end hotels 3 278 — — — — 3,687 415,875 3,690 416,153 — Budget hotels 15 1,667 — — — — 1,347 93,200 1,362 94,867 Total Number of Select Service Hotels 18 1,945 — — — — 5,034 509,075 5,052 511,020 Total 18 1,945 — — 13 2,949 5,034 509,075 5,065 513,969 8 Shanghai Jin Jiang Capital Company Limited Annual Report 2020 INFORMATION ON HOTELS OF THE GROUP INFORMATION ON HOTELS OF THE GROUP 4 — LIST OF FULL SERVICE HOTELS IN WHICH THE GROUP HOLDS SUBSTANTIAL INTERESTS (INSIDE THE PRC) Effective interests held by the Number of Name of hotel Company rooms Address 5-star hotels Shanghai Jin Jiang Hotel 100.00% 442 No.
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