Setting out as an upper midscale hotel chain group, we are now a leading lifestyle brand in China.

We are the largest upper midscale hotel chain in China in terms of room number as of the end of 2020, according to Frost & Sullivan.

As of Dec. 31, 2021, our hotel network covered 745 hotels spanning 138 cities in China, with a total of 86,654 hotel rooms, including 712 manachised (franchised and managed) hotels with a total of 81,594 manachised hotel rooms, in addition to a pipeline of 338 hotels with a total of 37,987 rooms under development. Our guests can book a stay with us and access our rich product and service offerings through offline and online channels, including our mobile app and Weixin/WeChat mini program.

We built our A-Card loyalty program to enhance our engagement with guests and provide them with a unique and personalized experience. As of Dec. 31, 2021, our A-Card loyalty program had amassed more than 30 million registered individual members. In 2021, approximately 39.7% of our room-nights were sold to our A-Card members.

In addition, we are the first hotel chain in China to develop a scenario-based retail business, according to Frost & Sullivan. We design our guest room amenities, work closely with manufacturers to deliver top-quality products, and carefully place the relevant products in guest rooms. Each of our guest rooms incorporates a fully immersive shopping destination, enabling us to further strengthen our brand elasticity with our guests.

As of Dec. 31, 2021, we had developed a total of 1,665 SKUs for scenario-based retail. The GMV generated from our retail business increased by 29.5% from RMB82.8 million in 2019 to RMB107.2 million in 2020, and further substantially by 112.9% to RMB228.2 million in 2021. In 2021, the average transaction value per scenario-based retail order reached RMB403.0.

**Note: Revenue and net income figures are in U.S. dollars for the fiscal year ended Dec. 31, 2021.

(Note: Atour Lifestyle Holdings Limited amended its IPO plans with an F-1/A filing dated June 21, 2022, in which no terms were stated (blank filing) for an IPO with estimated proceeds of $100 million; the company also removed Snowball Securities as an underwriter and disclosed financial statements for the year ending Dec. 31, 2021. The IPO’s previous terms were 19.74 million shares at $13.50 to $15.50 to raise $286.23 million, but the deal stalled in June 2021.)