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GreenTree Filed Annual Report on Form 20-F for Fiscal Year 2023

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GreenTree Hospitality Group (NYSE: GHG) filed its annual report on Form 20-F for the fiscal year ending December 31, 2023. The report is available on the Company's investor relations website and the SEC's website. Shareholders and ADS holders can request a hard copy of the report for free.

GreenTree Hospitality Group (NYSE: GHG) ha presentato il suo rapporto annuale su modulo 20-F per l'anno fiscale conclusosi il 31 dicembre 2023. Il rapporto è disponibile sul sito web delle relazioni con gli investitori della Compagnia e sul sito web della SEC. Gli azionisti e i detentori di ADS possono richiedere una copia cartacea del rapporto gratuitamente.
GreenTree Hospitality Group (NYSE: GHG) ha presentado su informe anual en el Formulario 20-F para el año fiscal que terminó el 31 de diciembre de 2023. El informe está disponible en el sitio web de relaciones con inversores de la empresa y en el sitio web de la SEC. Los accionistas y los poseedores de ADS pueden solicitar una copia impresa del informe de forma gratuita.
GreenTree Hospitality Group (NYSE: GHG)는 2023년 12월 31일로 끝나는 회계 연도에 대한 연례 보고서를 Form 20-F로 제출했습니다. 이 보고서는 회사의 투자자 관계 웹사이트와 SEC의 웹사이트에서 확인할 수 있습니다. 주주 및 ADS 보유자는 무료로 보고서의 하드 카피를 요청할 수 있습니다.
GreenTree Hospitality Group (NYSE: GHG) a déposé son rapport annuel sur le formulaire 20-F pour l'exercice fiscal se terminant le 31 décembre 2023. Le rapport est disponible sur le site web des relations avec les investisseurs de la société et sur le site web de la SEC. Les actionnaires et les détenteurs d'ADS peuvent demander une copie papier du rapport gratuitement.
Die GreenTree Hospitality Group (NYSE: GHG) hat ihren Jahresbericht auf Formular 20-F für das Geschäftsjahr, das am 31. Dezember 2023 endete, eingereicht. Der Bericht ist auf der Website für Investorenbeziehungen des Unternehmens sowie auf der Website der SEC verfügbar. Aktionäre und Inhaber von ADS können eine gedruckte Kopie des Berichts kostenlos anfordern.
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GreenTree's filing of an annual report on Form 20-F encapsulates their yearly financial health and is a staple for investor decision-making. An analysis of the audited financial statements could reveal trends in revenue growth, profit margins and cash flow. Liabilities, particularly amidst a potentially volatile hospitality industry in China, would be scrutinized for risk assessment.

Shareholders would be keen on GreenTree's ability to expand, fund operations and manage debt, all critical for sustaining and increasing shareholder value. The investor relations website also provides historical data, invaluable for comparing past performance to current figures to gauge the company's trajectory.

As a retail investor, one should look beyond the top-line numbers and evaluate the notes on financial statements for insights into accounting policies, contingent liabilities and management's strategic outlook, which can have substantial investment implications.

The hospitality sector is highly dependent on macroeconomic factors and consumer trends. Therefore, the financial results must be juxtaposed with the state of the economy, travel industry trends and the competitive landscape within China and internationally.

Particular attention should be paid to GreenTree's market share and the strategic initiatives they're employing to adapt to the digital transformation within the industry. Advances in digital bookings and personalized customer experiences are pivotal in assessing their long-term viability and capacity to stay relevant against escalating competition.

Analysing competitors' performance and market dynamics provides a more comprehensive view of GreenTree's positioning and potential headwinds or tailwinds that may affect its stock price.

SHANGHAI, April 30, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on April 30, 2024 U.S. Eastern Time.

The annual report can be accessed on the Company's investor relations website at http://ir.998.com/ as well as the SEC's website at http://www.sec.gov.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company's IR Department at ir@998.com.

About GreenTree Hospitality Group Ltd.

GreenTree Hospitality Group Ltd. ("GreenTree" or the "Company") (NYSE: GHG) is a leading hospitality and restaurant management group in China. As of December 31, 2023, GreenTree had a total number of 4,238 hotels and 194 restaurants. In 2023, HOTELS magazine ranked GreenTree 12th among the 225 largest global hotel groups in terms of number of hotels in its annual HOTELS' 225. GreenTree was the fourth largest hospitality company in China in 2022 according to the China Hospitality Association. In 2023, GreenTree completed its acquisition of Da Niang Dumplings and Bellagio, two leading restaurant chain businesses in China.

GreenTree has a broad portfolio of diverse brands spanning from the economy to mid-scale, up-scale and luxury segments of the hospitality industry mainly in China. Through its strong membership base, expansive booking network, superior system management with moderate charges, and fully supported by its operating departments including Decoration, Engineering, Purchasing, Operation, IT and Finance, GreenTree aims to keep closer relationships with all of its clients and partners by providing a diverse brand portfolio that features comfort, style and value.

For more information on GreenTree, please visit http://ir.998.com.

Or contact:

GreenTree
Ms. Selina Yang
Phone: +86-158-2166-6251
E-mail: ir@998.com

Mr. Maple Miao
Phone: +86-181-0184-0639
E-mail: ir@998.com

Christensen
In Shanghai
Mr. Jerry Xu
Phone: +86-138-1680-0706
E-mail: jerry.xu@christensencomms.com

In Hong Kong
Ms. Karen Hui
Phone: +852-9266-4140
E-mail: karen.hui@christensencomms.com

In the US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: linda.bergkamp@christensencomms.com

 

 

Cision View original content:https://www.prnewswire.com/news-releases/greentree-filed-annual-report-on-form-20-f-for-fiscal-year-2023-302132304.html

SOURCE GreenTree Hospitality Group Ltd.

FAQ

Where can I access GreenTree's annual report for the fiscal year 2023?

GreenTree's annual report on Form 20-F for the fiscal year 2023 can be accessed on the Company's investor relations website and the SEC's website.

How can shareholders and ADS holders obtain a hard copy of the annual report?

Shareholders and ADS holders can request a free hard copy of the annual report from the Company's IR Department by emailing ir@998.com.

GreenTree Hospitality Group Ltd. American depositary shares, each representing one

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