Zhijing Finance APP News, Beijing Shiji Information Technology (002153.SZ) announced that its wholly-owned subsidiary, Hangzhou Xiruan Information Technology Co., Ltd. (referred to as "Xiruan Information") signed a "Jin Jiang Hotel (China Region) Strategic Hotel Management System Cooperation Framework Agreement" with the Nanshan Branch of Shenzhen Jin Jiang Hotel Management Co., Ltd. (representing Jin Jiang Hotels (China Region), referred to as "Shenzhen Jin Jiang"), stipulating that Xiruan Information will provide software products and services for hotel digital management to member hotels under Jin Jiang Hotels (China Region) as outlined in the "Project Work Statement" (referred to as SOW) that have been reached or will be reached with Xiruan Information.

The announcement states that as this agreement is a strategic cooperation framework agreement, actual ordering and settlement depend on written notification from Jin Jiang Hotels (China Region), and there is a certain uncertainty in the specific actual ordering hotel quantity. The project implementation process still needs to achieve a switch one by one within the specified time, with the risk of the project quantity reduction due to various uncontrollable factors during the implementation process.

In addition, the service scope agreed upon in this strategic agreement includes a relatively large proportion of Jin Jiang (China Region) hotels, not all hotels under Jin Jiang Hotels (China Region). The company's evaluation of this project does not simply rely on the number of hotels but is based on a comprehensive consideration of various factors such as the different billing methods of hotel brands and the different overall costs of mass hotel launches, and it is expected not to have a significant impact on the company's performance for this year.