GreenTree Hospitality Group Ltd (FRA:GT1A)
€ 2.52 0.12 (5%) Market Cap: 255.88 Mil Enterprise Value: 288.24 Mil PE Ratio: 8.20 PB Ratio: 1.28 GF Score: 72/100

Q2 2020 GreenTree Hospitality Group Ltd Earnings Call Transcript

Aug 14, 2020 / 01:00AM GMT
Release Date Price: €10.5 (-1.87%)
Operator

Good day, and welcome to the GreenTree Second Quarter 2020 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Rene Vanguestaine. Please go ahead.

Rene Vanguestaine
Christensen & Associates - Chairman & CEO

Thank you, Rachel. Hello, everyone, and thank you for joining us. GreenTree's earnings release was distributed earlier today and is available on our IR website at ir.998.com as well as on PR Newswire services. As a reminder, we also posted a PowerPoint presentation that accompanies our comments to the same IR website. On this call, we are going to refer to this presentation, so please make sure you open it now. Thank you.

On the call from GreenTree are Mr. Alex Xu, Chairman and Chief Executive Officer; Ms. Selina Yang, Chief Financial Officer; Ms. Megan Huang, Vice President of Sales and Marketing; and Mr. Nicky Zheng, our IR manager. Mr. Xu will present the company's Q2 2020 performance overview, followed by Ms. Huang, who will discuss

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