GreenTree will hold its annual general meeting on December 15, 2021

0

SHANGHAI, November 5, 2021 / PRNewswire / – GreenTree Hospitality Group Ltd. (NYSE: GHG), one of the leading hotel management groups in China (“GreenTree” or the “Company”), today announced that it will hold its annual general meeting of shareholders at 2451 Hongqiao Road, Changning District, Shanghai 200335, people from the Republic of China to December 15, 2021 To 9:00 p.m. Eastern United States Time (10:00 AM Beijing / Hong Kong Time on December 16, 2021) for the following purposes:

Approve the renewal of the mandate of Ernst & Young Hua Ming LLP as independent auditor of the Company [1] for the year ended December 31, 2021.

Registered holders of common shares of the Company as of the close of business on November 15, 2021 have the right to be called and to vote at the Annual General Meeting or at any adjournment or postponement thereof. Holders of US Custodian Shares (“ADS”) of the Company who wish to exercise their voting rights for the underlying Class A ordinary shares should act through the custodian of the Company’s ADS program, Deutsche Bank Trust Company Americas.

The Notice of Annual General Meeting, which sets out the resolutions to be submitted to shareholders for approval at the Annual General Meeting, is available in the Investor Relations section of the Company’s website at address http://ir.998.com. Shareholders can obtain a free copy of the Company’s 2020 Annual Report in the Investor Relations section of the Company’s website at http://ir.998.com, or by contacting GreenTree Hospitality Group Ltd. at 2451 Hongqiao Road, Changning District, Shanghai 200335, people from the Republic of China, attention: Mrs. Selina yang or Mr. Nicky zheng, phone: + 86-21-3617-4886 ext. 7015 or ext. 6708, email: [email protected].

About GreenTree Hospitality Group Ltd.

GreenTree Hospitality Group Ltd. (“GreenTree” or the “Company”) (NYSE: GHG) is a leading hotel management group in China. From March 31, 2021, GreenTree had a total of 4,464 hotels. In 2020, HOTELS magazine ranked GreenTree in the Top 12 among the 225 largest hotel groups in the world in terms of the number of hotels in its 225 annual HOTELS. GreenTree was also the fourth largest hotel company in China in 2020 based on statistics published by the China Hospitality Association.

GreenTree has built a solid line of brands including its flagship brand “GreenTree Inns” due to its longstanding commitment to the hospitality industry by China and consistent quality of its services, iconic hotel designs, wide geographic coverage and convenient locations. GreenTree has further expanded its brand portfolio to the mid-range and luxury segments through a series of strategic investments. By offering various brands, thanks to its strong membership base, extensive reservation network, superior system management with reasonable fees and fully supported by its operational departments including decoration, engineering, purchasing, l In operations, IT and finance, GreenTree aims to maintain closer relationships with all of its customers and partners by providing a portfolio of brands that combine comfort, style and value.

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

Safe Harbor Declaration

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the United States Private Securities Litigation Reform Act of 1995. In some case, such forward-looking statements may be identified by words or expressions such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend to” , “Plan”, “believe”, “the potential”, continue “,” is / are likely to “,” confident “,” future “or other similar expressions. GreenTree may also make written or oral forward-looking statements in its reports filed or provided to the United States Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors or employees to t iers. All statements that are not historical facts, including statements about or based on GreenTree’s current beliefs, expectations, assumptions, estimates and projections about us and our industry, are forward-looking statements that involve factors, known and unknown risks and uncertainties that may cause our actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements. These factors and risks include, but are not limited to: GreenTree’s growth objectives and strategies; its future business development, financial condition and results of operations; hospitality industry trends in China and globally; competition in our industry; fluctuations in general economic and business conditions in China and other regions where we operate; the regulatory environment in which we and our franchisees operate; and the assumptions underlying or related to all of the above. You should not place undue reliance on these forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the documents filed by the Company with the United States Securities and Exchange Commission. All information provided, including any forward-looking statements made, in this press release is current as of the date of the press release. Except as required by law, GreenTree assumes no obligation to update such forward-looking information or statements to reflect events or circumstances after the date on which the information is provided or statements are made, or to reflect the occurrence unforeseen events.

[1] This defined term “independent auditor” is not used elsewhere.

For more information please contact:

M / s. Selina yang
Phone: + 86-21-3617-4886 ext. 7015
E-mail: [email protected]

Sir. Nicky zheng
Phone: + 86-21-3617-4886 ext. 6708
E-mail: [email protected]

SOURCE GreenTree Hospitality Group Ltd.

Related links

www.998.com


Source link

Share.

About Author

Comments are closed.