Shanghai Jin Jiang International Hotels (600754.SH) stated on the investor platform that the company adheres to a light assets development strategy, which is conducive to improving the brand matrix, optimizing the brand structure, achieving comprehensive coverage from economy, mid-range to high-end and luxury hotels, forming a multi-format brand layout, and enhancing the company's core competitiveness. During the Paris Olympics (July 26th to August 11th), many hotels owned by the company in Paris and its surroundings experienced a tight supply of rooms, with a large proportion of bookings from business groups, booked by the Olympic Committee and the French Ministry of the Interior.