Brief introduction of Wanhao Wanjia Company

Zhejiang Marriott Wanjia Hotel Chain Co., Ltd. was established on April 3, 2003 with a registered capital of RMB 65,438,060. It is a well-known hotel management enterprise in China, formerly known as Zhejiang Xinyu Star Hotel Co., Ltd. On June 27, 2006, Marriott Wanjia Group Co., Ltd. entered Zhejiang Xinyu Star Hotel Co., Ltd., and started a new stage of hotel chain development with the advantages of real estate development and landing in the capital market. On June 4, 2007, it was renamed Zhejiang Marriott Wanjia Hotel Chain Co., Ltd., with 20 existing hotel chains and 2,396 rooms. Among them, there are 976 rooms in the Express Hotel 1 1 [Hangzhou West Lake Store (Express Huanglong Store), Hangzhou Zhuantang Store, Hangzhou Tonglu Store, Hangzhou Xixi Store (West Station Store), Jiaxing Store, Shanghai Store, Nanjing Store, Wuxi Store, Suzhou Store, Changzhou Qianqian Store and Wuxi Store]. There are 9 business hotels with 1420 rooms [Hangzhou Jianfeng Store, Hangzhou Business Huanglong Store (Yu Zi Store), Hangzhou Moganshan Store (North Station Store), Hangzhou City Store, Guangzhou Store, Huangshan Store, Taizhou Store, Yiwu Store and Wuyi Store]. The hotel layout moved from Hangzhou to the whole province, from Zhejiang to the Yangtze River Delta region and even five provinces in South China, and the brand image was initially established. Development goal of the company: through merger and acquisition, leasing operation, direct investment and strategic cooperation with well-known hotel chain management groups at home and abroad, it has steadily developed into the forefront of the industry.