
Core Points - GreenTree Hospitality Group Ltd. filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC on April 30, 2025 [1] - The annual report includes audited consolidated financial statements and is available on the Company's investor relations website and the SEC's website [2] Company Overview - GreenTree Hospitality Group Ltd. is a leading hospitality and restaurant management group in China, with a total of 4,425 hotels and 182 restaurants as of December 31, 2024 [3] - In 2023, GreenTree was ranked 11th among the 225 largest global hotel groups by HOTELS magazine and was the fourth largest hospitality company in China according to the China Hospitality Association [3] - The Company completed the acquisition of Da Niang Dumplings and Bellagio, two prominent restaurant chain businesses in China, in 2023 [3] Business Model and Strategy - GreenTree has a diverse brand portfolio that spans economy to luxury segments in the hospitality industry, primarily in China [4] - The Company leverages a strong membership base, expansive booking network, and superior system management to maintain close relationships with clients and partners [4]