TANG PALACE CHINA (01181.HK) -0.005 (-2.994%) and AAPC Hotel Services Limited entered into a strategic cooperation framework agreement on March 31 (today). The parties intend to establish a brand strategic alliance, leveraging complementary advantages to jointly enhance the quality of dining services and operational efficiency in hotels. AAPC will, based on evaluation and its commercial judgment, invite the company's dining brands to operate in its owned or managed hotels/venues.According to the introduction, AAPC is a limited company registered in Hong Kong, primarily engaged in hotel management business. AAPC is a wholly-owned subsidiary of a globally leading hospitality group headquartered in France, which owns and/or manages a range of hotels and venues, providing high-quality accommodation, facilities, and hotel services. (ha/u)(HK stocks quote is delayed for at least 15 mins.)
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