Basic information: signed a major contract with Marriott.
Shiji Information announced that its wholly-owned subsidiary Shiji USA has signed the "Main Service Agreement" and "Service Plan" with Marriott International Management Services Company, becoming the preferred provider of PMS cloud services for Marriott's fully managed and franchised hotels in China. The agreement includes providing the next generation cloud architecture enterprise-level hotel information management system DAYLIGHT PMS in a software-as-a-service model. The agreement is for a duration of 10 years, with the option to extend for 5 years, up to two times. By signing this agreement with Marriott, DAYLIGHT PMS has been certified as Marriott's preferred cloud PMS provider in China. This signing marks a significant milestone in the company's successful transition towards globalization and platformization of its business. While the execution of this agreement has a very positive impact on the expansion of the company's global business, the specific implementation will require some time, and is not expected to have a significant impact on the company's operating performance and financial condition for the current year.
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