H World Group Ltd (HTHT) director Justin Martin Leverenz reported the vesting and settlement of 164,050 Restricted Share Units on August 15, 2026, which converted into an equal number of ordinary shares. Following this exercise, he holds 492,150 Restricted Share Units. His reported non-derivative holdings total 201,790 ordinary shares represented by American depositary shares held directly, plus 86,900 ordinary shares represented by American depositary shares held indirectly through an Irrevocable Trust for the benefit of his son, with his spouse as trustee.
H World Group Limited reported solid growth for the quarter and half-year ended June 30, 2026. Q2 2026 revenue was RMB7.1 billion, up 10.8% year over year, with HWC China revenue up 14.9% and HWI international revenue down 5.8%. The asset-light mix continued to shift, as manachised and franchised hotels delivered Q2 revenue of RMB3.6 billion, up 25.2% year over year and representing just over half of first-half revenue.
Profitability improved meaningfully: Q2 operating margin reached 31.1%, versus 27.8% a year earlier, and adjusted EBITDA rose to RMB2.7 billion. Net income attributable to H World was RMB1.6 billion, up 2.1% year over year. The company held net cash of RMB10.2 billion, with cash and equivalents of RMB14.2 billion and total debt of RMB4.2 billion. The board approved a three-year US$2.5 billion Shareholder Return Plan and declared an ordinary cash dividend of US$0.87 per ADS. Guidance for 2026 was raised, with group revenue now expected to grow 4%–8% and M&F revenue 16%–20% versus 2025.
H World Group Limited plans a meeting of its audit committee on August 17, 2026 to consider and approve unaudited financial results for the three and six months ended June 30, 2026 and to authorize their publication.
The results are scheduled to be posted on the HKEXnews website and the company’s investor-relations site on August 17, 2026 after Hong Kong trading hours and before the opening of the U.S. market. Management will host a conference call at 7 p.m. (Hong Kong time) / 7 a.m. (U.S. Eastern time) that same day, with a live webcast and a replay available for twelve months.
The board is also considering the declaration and payment of a cash dividend, with any declaration to be adopted by board resolution on or around August 17, 2026.
H World Group Ltd filed an initial statement of beneficial ownership for Sun Yanjun, who is identified as a director. The filing does not report any equity transactions or derivative positions and primarily establishes Sun as a reporting insider. A Power of Attorney is referenced as Exhibit 24.
H World Group Limited announced that its board appointed Yanjun Sun as an independent director, effective July 28, 2026. Sun brings leadership experience from global investment firms and conglomerates, including senior roles at Jardine Matheson, TPG Capital, Goldman Sachs principal investing arm, Morgan Stanley, General Electric and Citigroup.
He currently serves on several other boards, including China National Building Material Company Limited, 1233 International Supply Chain Management, Livi Bank and Market Technology Acquisition Corp. As of March 31, 2026, H World operated 13,215 hotels with 1,303,563 rooms in 21 countries, with 7% of rooms under its leased-and-owned model and 93% under management and franchise models.
H World Group Ltd director Hee Theng Fong reported the vesting of 31,640 restricted share units on July 20, 2026, which settled into an equal number of ordinary shares. Following this conversion, he directly holds 31,640 ordinary shares and 131,240 restricted share units, each representing one ordinary share.
H World Group Ltd director Cao Lei reported compensation-related share activity, not open-market trading. On June 28, 2026, a total of 60,760 restricted share units vested and automatically converted into the same number of ordinary shares, reflecting previously granted equity awards.
On June 30, 2026, Cao Lei had 17,580 ordinary shares delivered back at $43.27 per share to cover tax obligations, classified as tax-withholding dispositions rather than market sales. After these transactions, Cao Lei directly holds 113,220 ordinary shares of H World Group.
H World Group Limited reported that all proposed resolutions at its 2026 annual general meeting were duly passed. The meeting was held on June 26, 2026.
The company also highlighted its scale and operating model. As of March 31, 2026, H World operated 13,215 hotels with 1,303,563 rooms across 21 countries, using a mix of leased-and-owned and asset-light management and franchise structures. Only 7 percent of rooms were under the leased-and-owned model, while 93 percent were operated under management and franchise models, showing a strong focus on fee-based operations.
H World Group Ltd Chief Executive Officer Jin Hui reported equity compensation transactions involving restricted share units and ordinary shares. On May 31, 2026, restricted share units granted in 2023 and 2025 vested and were exercised into ordinary shares at a conversion price of $0.00 per share. On June 2, 2026, the company withheld 570,200 and 390,180 ordinary shares at $44.37 per share to cover tax obligations, classified as tax-withholding dispositions. After these transactions, Jin Hui directly held 7,021,650 ordinary shares of H World Group Ltd.
H World Group director Qi Ji reported the vesting of restricted share units into ordinary shares, with no accompanying share sale. On May 31, 2026, 1,005,670 restricted share units vested and settled into the same number of ordinary shares at a stated price of $0.0000 per share.
Following this exercise, Qi Ji directly holds 16,535,620 ordinary shares and 375,000 ordinary shares represented by American depositary shares, along with 34,999,730 restricted share units that remain outstanding. Through Winner Crown Holdings Limited, he is also shown with indirect ownership of 701,477,540 ordinary shares and additional ordinary shares represented by American depositary shares.