GreenTree Hospitality Group Ltd (NYSE:GHG)
$ 3.21 -0.22 (-6.41%) Market Cap: 325.94 Mil Enterprise Value: 430.80 Mil PE Ratio: 9.36 PB Ratio: 1.62 GF Score: 69/100

Q3 2019 GreenTree Hospitality Group Ltd Earnings Call Transcript

Nov 20, 2019 / 01:00PM GMT
Release Date Price: $11.1 (-1.86%)
Operator

Hello and welcome to GreenTree Hospitality Group Ltd.'s Third Quarter 2019 Financial Results Release 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, Andrew. Hello, everyone, and thank you for joining us today.

GreenTree's earnings release is still being processed and will be available on our IR website at ir. 998.com soon as well as on PR Newswire services. We have posted a PowerPoint presentation on that same website that accompanies our comments today and that you can use to follow the call.

On the call today from GreenTree are Mr. Alex Xu, Chairman and Chief Executive Officer; Ms. Megan Huang, Director of IT Department; and Mr. Nicky Zheng, IR Manager. Please note that Ms. Selina Yang, Chief Financial Officer, is currently on maternity leave.

Mr. Xu will present the company's third quarter 2019 performance overview, business

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