UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
April 2022
Commission File Number: 001-38425
GreenTree Hospitality Group Ltd.
(Registrant’s name)
2451 Hongqiao Road, Changning District
Shanghai 200335
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) : ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) : ☐
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
GREEN TREE HOSPITALITY GROUP LTD. |
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By: | /s/ Alex S. Xu | | |
Name: | Alex S. Xu | | |
Title: | Chairman and Chief Executive Officer | | |
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Date: | April 29, 2022 | | |
EXHIBIT INDEX
Exhibit No. |
| Description |
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99.1 | | GreenTree Announces Date to Report Fourth Quarter 2021 Financial Results and Potential Acquisition |
Exhibit 99.1
GreenTree Announces Date to Report Fourth Quarter 2021 Financial Results and Potential Acquisition
SHANGHAI, China, April 29, 2022 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) (“GreenTree” or the “Company”), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the quarter ended December 31, 2021, after U.S. markets close on Wednesday, May 11, 2022.GreenTree’s management will hold an earnings conference call at 9:00 PM U.S. Eastern Time on May 11, 2022 (9:00 AM Beijing/Hong Kong Time on May 12, 2022).
Dial-in numbers for the live conference call are as follows:
International1-412-902-4272
China 4001-201-203
US1-888-346-8982
Hong Kong 800-905-945 or 852-3018-4992
Singapore800-120-6157
Participants should ask to join the GreenTree call.
A telephone replay of the conference call will be available after the conclusion of the live conference call until May 18, 2022.
Dial-in numbers for the replay are as follows:
International Dial-in 1-412-317-0088
U.S. Toll Free 1-877-344-7529
Canada Toll Free 855-669-9658
Passcode: 5870528
A live and archived webcast of the conference call will be available on the Company’s investor relations website at http://ir.998.com.
Additionally, the board of directors of the Company (the “Board”) recently received a non-binding proposal from the controlling shareholder of the Company, GreenTree Inns Hotel Management Group, Inc., or GTI, to sell GTI’s existing restaurant business, which includes two fast food restaurant chains operated in China under the brand names of “Daniang Dumpling” and “Bellagio (Lu Gang Xiao Zhen)”, to the Company (the “Proposed Transaction”). The Company had formed a special committee (the “Special Committee”) of the Board, comprised solely of independent and disinterested directors, to consider the Proposed Transaction. The Special Committee has retained Kroll LLC as its financial advisor and Simpson Thacher & Bartlett LLP as its U.S. legal counsel, and is in the process of assessing the Proposed Transaction.
The Board cautions the Company’s shareholders and others considering trading the Company’s securities that no decisions have been made with respect to the Proposed Transaction. There can be no assurance that any definitive agreement will be executed relating to the Proposed Transaction, or that the Proposed Transaction or any other similar transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to any transaction, except as required under applicable law.
About GreenTree Hospitality Group Ltd.
GreenTree Hospitality Group Ltd. (“GreenTree” or the “Company”) (NYSE: GHG) is a leading hospitality management group in China. As of September 30, 2021, GreenTree had a total number of 4,626 hotels. In 2020, HOTELS magazine ranked GreenTree Top 12 Ranking among 225 largest global hotel groups in terms of number of hotels in its annual HOTELS’ 225. GreenTree was also the fourth largest hospitality company in China in 2020 based on the statistics issued by the China Hospitality Association.
GreenTree has built a strong suite of brands including its flagship “GreenTree Inns” brand as a result of its long-standing dedication to the hospitality industry in China and consistent quality of its services, signature hotel designs, broad geographic coverage and convenient locations. GreenTree has further expanded its brand portfolio into mid-to-up-scale and luxury segments through a series of strategic investments. By offering diverse brands, 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 brand portfolio that features comfort, style and value.
For more information on GreenTree, please visit http://ir.998.com
GreenTree
Ms. Selina Yang
Phone: +86-21-3617-4886 ext. 7015
E-mail: ir@998.com
Mr. Nicky Zheng
Phone: +86-21-3617-4886 ext. 6708
E-mail: ir@998.com
Christensen
In Shanghai
Mr. Jerry Xu
Phone: +86-138-1680-0706
E-mail: jxu@christensenir.com
In Hong Kong
Ms. Karen Hui
Phone: +852-9266-4140
E-mail: khui@christensenIR.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com