Huazhu Group Limited to Hold 2019 Annual General Meeting on December 10, 2019
November 14 2019 - 7:00AM
Huazhu Group Limited (NASDAQ:HTHT) (the "Company"), a leading and
fast-growing hotel group in China, today announced that it will
hold its 2019 annual general meeting of shareholders at No. 2266,
Hongqiao Road, Changning District, Shanghai, People's Republic of
China on December 10, 2019 at 10:00 a.m., local time. Holders of
record of ordinary shares of the Company at the close of business
on November 5, 2019 are entitled to notice of, and to vote at, the
annual general meeting or any adjournment or postponement thereof.
Holders of the Company's American depositary shares (“ADSs”) who
wish to exercise their voting rights for the underlying ordinary
shares must act through the depositary of the Company's ADS
program, Citibank, N.A.
The notice of the annual general meeting, which
sets forth the resolutions to be submitted to shareholder approval
at the meeting, is available on the Investor Relations section of
the Company's website at http://ir.huazhu.com.
About Huazhu Group Limited
Huazhu Group Limited is a leading hotel operator
and franchisor. As of September 30, 2019, Huazhu operated 5,151
hotels with 504,414 rooms in operation. Huazhu’s brands include Hi
Inn, Elan Hotel, HanTing Hotel, HanTing Premium Hotel, JI Hotel,
Starway Hotel, Orange Hotel Select, Crystal Orange Hotel, Manxin
Hotels & Resorts, Joya Hotel, Blossom Hill Hotels &
Resorts, Madison and Grand Madison. Huazhu also has the rights as
master franchisee for Mercure, Ibis and Ibis Styles, and
co-development rights for Grand Mercure and Novotel, in the
pan-China region.
Huazhu’s business mainly includes leased,
manachised and franchised models. Under the lease model, Huazhu
directly operates hotels typically located on leased properties.
Under the manachise model, Huazhu manages manachised hotels through
the on-site hotel managers Huazhu appoints and collects fees from
franchisees. Under the franchise model, Huazhu provides training,
reservations and support services to the franchised hotels, and
collects fees from franchisees but does not appoint on-site hotel
managers. In addition, Huazhu has a limited number of hotels in
owned or partially owned properties. Huazhu applies a consistent
standard and platform across all of its hotels. As of September 30,
2019, Huazhu operates 83 percent of its hotel rooms under manachise
and franchise models.
For more information, please visit Huazhu’s
website: http://ir.huazhu.com.
Contact Information
Huazhu Investor RelationsTel: +86 (21) 6195 9561Email:
ir@huazhu.comhttp://ir.huazhu.com
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