GreenTree Hospitality Group Ltd. (NYSE:GHG) Q2 2019 Results Earnings Conference Call August 16, 2019 8:00 AM ET Company Participants Rene Vanguestaine - Investor Relations Alex Xu - Chairman and Chief Executive Officer Selina Yang - Chief Financial Officer Conference Call Participants Justin Kwok - Goldman Sachs Jisheng Liu - CLSA Ingrid Zhang - UBS Nate Deng - China Renaissance Operator Hello, ladies and gentlemen. Thank you for standing by for GreenTree's Second Quarter 2019 Earnings Conference Call. At t ...

Financial Performance - GreenTree Hospitality Group's Net Income per ADS (Basic and Diluted) grew by 35.5% year-over-year to RMB 1.26 (US$0.18)[11] - As of June 30, 2019, the company's total cash and cash equivalents, restricted cash, short-term investments, investments in equity securities, and time deposits amounted to RMB 2,053.7 million[55] - The company expects total revenue for the full year 2019 to grow by 23%-28% from 2018[58] Hotel Network Expansion - The number of hotels increased from 2,434 in 2018Q2 to 2,955 in 2019Q2, operating in 300 cities[9] - Mid-scale hotels accounted for 75.5% of the total hotel segment in 2019Q2[12] - Economy hotels accounted for 18.8% of the total hotel segment in 2019Q2[12] - In 19Q2, new openings of mid-scale hotels accounted for 45%, while economy hotels accounted for 38%[14] Operating Metrics - The company achieved a consolidated RevPAR YoY growth of 2.9%[23] - Occupancy rate decreased from 82.6% in 2018Q2 to 81.1% in 2019Q2[9] - Average Daily Rate (ADR) increased from RMB 164 in 2018Q2 to RMB 172 in 2019Q2[9] Strategic Development - The company is exploring business opportunities in mid-to-upscale and luxury brands, including GreenTree Eastern, Deep Sleep Hotel, Argyle Hotel, GMe Hotel, GYa Hotel and VX Hotel[31, 32, 33, 34, 35, 36]

GreenTree Hospitality Group Ltd. (NYSE:GHG) Q1 2019 Earnings Conference Call May 24, 2019 8:00 AM ET Company Participants Rene Vanguestaine – Investor Relations Alex Xu – Chairman and Chief Executive Officer Megan Huang – Director-IT Department Selina Yang – Chief Financial Officer Conference Call Participants Xin Chen – UBS Colin Yao – Goldman Sachs Jisheng Liu – CLSA Ron Leung – Bank of America Merrill Lynch David Li – Lizard Investors Aras Poon – Citigroup Operator Hello, ladies and gentlemen. Thank you ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For ...

GreenTree Hospitality Group Ltd. (NYSE:GHG) Q4 2018 Results Conference Call March 14, 2019 8:00 AM ET Company Participants Rene Vanguestaine - Investor Relations Alex Xu - Chairman and Chief Executive Officer Selina Yang - Chief Financial Officer Megan Wang - Director of IT Department Nicky Zheng - IR Manager Conference Call Participants Justin Kwok - Goldman Sachs Billy Ng - Bank of America Merrill Lynch Aras Poon - Citigroup Jisheng Liu - CLSA Alan Lo - SWS Research Operator Hello, ladies and gentlemen. T ...