Ctrip Shanghai cuts stake in BTG Hotels to 10%

Ctrip Travel Information Technology (Shanghai) Co., Ltd., a significant shareholder in BTG Hotels (Group) Co., Ltd., has reduced its stake in the company. On November 10, 2025, Ctrip Shanghai executed a block trade, selling 25,206,000 unrestricted shares. This transaction decreased their holding from 12.2574% to 10.0000% of the company's total share capital.

This transaction follows a previous equity change reported on December 8, 2015, where Ctrip Shanghai held 21.93% of BTG Hotels' total share capital. Ctrip Shanghai is not the controlling shareholder or actual controller of BTG Hotels, and this reduction will not alter the company's control or negatively impact other shareholders' interests.

Ctrip Shanghai has no firm plans for further increases or decreases in its shareholding over the next 12 months, though it does not rule out such possibilities and will adhere to disclosure requirements if changes occur.