Senior Management Change

Atour Lifestyle Holdings Limited announced that Ms. Rui Zhao, the Co-Chief Financial Officer, has resigned due to personal reasons. Mr. Shoudong Wang, the other Co-Chief Financial Officer, will continue to oversee financial matters. Ms. Zhao has been praised for her contributions to the company and played a key role in their successful IPO in 2022.
Jul. 17, 2023 05:55
Senior Management Change

Atour Lifestyle Holdings Limited (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, has announced that Ms. Rui Zhao will be resigning from her position as Co-Chief Financial Officer, effective June 30, 2023. This decision comes due to personal reasons. Mr. Shoudong Wang, who previously served as the other Co-Chief Financial Officer alongside Ms. Zhao, will continue to oversee the financial reporting and related strategic, management, and operational matters of the Company.

Mr. Haijun Wang, Founder, Chairman of the Board, and CEO of Atour, expressed his gratitude towards Ms. Zhao for her contributions to the Company during her seven-year tenure. He highlighted her role in strengthening the Finance Department and her significant contributions to the Company's development, including the successful IPO in 2022. The Company extends its sincere appreciation to Ms. Zhao and wishes her the best in her future endeavors.

About Atour Lifestyle Holdings Limited:

Atour Lifestyle Holdings Limited (NASDAQ: ATAT) is a leading hospitality and lifestyle company in China. It boasts a diverse portfolio of lifestyle hotel brands and is the leading upper midscale hotel chain in the country. Atour is also the first Chinese hotel chain to develop a scenario-based retail business. The Company is dedicated to bringing innovations to China's hospitality industry and creating new lifestyle brands centered around hotel offerings.

For more information about Atour Lifestyle Holdings Limited, please visit their website at https://ir.yaduo.com.

Safe Harbor Statement:

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are not historical facts but rather beliefs and expectations of the Company. They can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or similar expressions. Forward-looking statements come with inherent risks and uncertainties, and actual results may differ materially from those stated in these statements. The Company's filings with the SEC provide further information on these risks, uncertainties, or factors. The information provided in this press release is accurate as of the date of release, and the Company does not assume any obligation to update it, except as required by law.

Investor Relations Contact:

Atour Lifestyle Holdings Limited

Email: ir@yaduo.com

Piacente Financial Communications

Email: Atour@tpg-ir.com

Tel: +86-10-6508-0677