GreenTree Hospitality Group Ltd., develops and sells leased and operated, franchised and managed hotels under the GreenTree brand in the People's Republic of China. The company is headquartered in Shanghai, the People's Republic of China.
Total revenues decreased by 14.0% year over year to RMB227.7 million (US$33.0 million) [1] . Income from operations was RMB28.7 million (US$4.2 million) [1] compared to RMB11.3 million for the first quarter of 2025.
Total revenues for the fourth quarter decreased by 24.9% year over year to RMB 228.7 million (US$32.7 million) [1] . Net income was RMB-55.7million (US$-8.0 million) [1] compared to RMB-72.8 million for the fourth quarter of 2024.