Huatian Hotel Stock Surge, Clarifies No Restructuring Plans
On September 7, Huatian Hotel announced that its stock price deviated by more than 20% for two consecutive days. The company clarified that there is no asset restructuring being planned, and no major restructuring plans within the year. The net profit for the first half of 2026 was -113 million yuan, still in a loss state. The current price-to-book ratio is 3.90 times, significantly different from the industry average of 1.69 times.