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GreenTree Hospitality Group Ltd. – ‘20-F’ for 12/31/21 – ‘EX-13.1’

On:  Tuesday, 5/17/22, at 5:20pm ET   ·   For:  12/31/21   ·   Accession #:  1558370-22-9130   ·   File #:  1-38425

Previous ‘20-F’:  ‘20-F’ on 4/30/21 for 12/31/20   ·   Next:  ‘20-F’ on 4/28/23 for 12/31/22   ·   Latest:  ‘20-F’ on 4/30/24 for 12/31/23   ·   4 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/17/22  GreenTree Hospitality Group Ltd.  20-F       12/31/21  133:19M                                    Toppan Merrill Bridge/FA

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   2.91M 
                Non-Canadian Issuer                                              
 2: EX-2.4      Plan of Acquisition, Reorganization, Arrangement,   HTML    131K 
                Liquidation or Succession                                        
 3: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML     41K 
 6: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     38K 
 7: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     39K 
 4: EX-12.1     Statement re: the Computation of Ratios             HTML     42K 
 5: EX-12.2     Statement re: the Computation of Ratios             HTML     42K 
 8: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     38K 
 9: EX-15.2     Letter re: Unaudited Interim Financial Info         HTML     36K 
15: R1          Document and Entity Information                     HTML    120K 
16: R2          Statements of Consolidated Balance Sheets           HTML    212K 
17: R3          Statements of Consolidated Balance Sheets           HTML     51K 
                (Parenthetical)                                                  
18: R4          Consolidated Statements of Comprehensive Income     HTML    178K 
19: R5          Consolidated Statements of Comprehensive Income     HTML     59K 
                (Parenthetical)                                                  
20: R6          Consolidated Statements of Changes in               HTML     99K 
                Shareholders' Equity                                             
21: R7          Consolidated Statements of Cash Flows               HTML    235K 
22: R8          Organization and Principal Activities               HTML    119K 
23: R9          Summary of Principal Accounting Policies            HTML    280K 
24: R10         Business Combinations                               HTML     93K 
25: R11         Revenue from Contracts with Customers               HTML     93K 
26: R12         Loans Receivable Net                                HTML    115K 
27: R13         Property and Equipment, Net                         HTML     75K 
28: R14         Intangible Assets, Net                              HTML     74K 
29: R15         Goodwill                                            HTML     50K 
30: R16         Long-Term Investments                               HTML     66K 
31: R17         Other Assets                                        HTML     74K 
32: R18         Bank Loans                                          HTML     53K 
33: R19         Accrued Expenses and Other Current Liabilities      HTML     59K 
34: R20         Other Long-term Liabilities                         HTML     39K 
35: R21         Ordinary Shares                                     HTML     43K 
36: R22         Hotel Operating Costs                               HTML     64K 
37: R23         Share Based Compensation                            HTML     83K 
38: R24         Income Taxes                                        HTML    112K 
39: R25         Mainland China Contribution Plan and Profit         HTML     43K 
                Appropriation                                                    
40: R26         Statutory Reserves and Restricted Net Assets        HTML     41K 
41: R27         Related Party Transactions and Balances             HTML    160K 
42: R28         Commitments and Contingencies                       HTML     69K 
43: R29         Earnings Per Share                                  HTML     69K 
44: R30         Subsequent Events                                   HTML     42K 
45: R31         Parent Company Only Condensed Financial             HTML    205K 
                Information                                                      
46: R32         Summary of Principal Accounting Policies            HTML    364K 
                (Policies)                                                       
47: R33         Organization and Principal Activities (Tables)      HTML    112K 
48: R34         Summary of Principal Accounting Policies (Tables)   HTML    210K 
49: R35         Business Combinations (Tables)                      HTML     88K 
50: R36         Revenue from Contracts with Customers (Tables)      HTML     90K 
51: R37         Loans Receivable, Net (Tables)                      HTML    118K 
52: R38         Property and Equipment, Net (Tables)                HTML     75K 
53: R39         Intangible Assets, Net (Tables)                     HTML     76K 
54: R40         Goodwill (Tables)                                   HTML     50K 
55: R41         Long-Term Investments (Tables)                      HTML     61K 
56: R42         Other Assets (Tables)                               HTML     73K 
57: R43         Bank Loans (Tables)                                 HTML     46K 
58: R44         Accrued Expenses and Other Current Liabilities      HTML     58K 
                (Tables)                                                         
59: R45         Hotel Operating Costs (Tables)                      HTML     64K 
60: R46         Share Based Compensation (Tables)                   HTML     83K 
61: R47         Income Taxes (Tables)                               HTML    110K 
62: R48         Related Party Transactions and Balances (Tables)    HTML    160K 
63: R49         Commitments and Contingencies (Tables)              HTML     67K 
64: R50         Earnings Per Share (Tables)                         HTML     67K 
65: R51         Parent Company Only Condensed Financial             HTML    205K 
                Information (Tables)                                             
66: R52         Organization and Principal Activities - Additional  HTML    139K 
                Information (Details)                                            
67: R53         Organization and Principal Activities - Summary of  HTML    129K 
                Group's Major Direct and Indirect Subsidiaries of                
                Investments (Details)                                            
68: R54         Summary of Principal Accounting Policies -          HTML    199K 
                Additional Information (Details)                                 
69: R55         Summary of Principal Accounting Policies - Summary  HTML     51K 
                of Property and Equipment Net, Expected Useful                   
                Lives (Details)                                                  
70: R56         Summary of Principal Accounting Policies -          HTML     55K 
                Amortization of Intangible Assets, Estimated                     
                Useful Lives (Details)                                           
71: R57         Summary of Principal Accounting Policies - Summary  HTML     66K 
                of Financial Assets and Liabilities Measured and                 
                Recorded at Fair Value (Details)                                 
72: R58         Summary of Principal Accounting Policies -          HTML     56K 
                Reconciliations of Assets and Liabilities                        
                (Details)                                                        
73: R59         Summary of Principal Accounting Policies -          HTML     48K 
                Unobservable Inputs (Details)                                    
74: R60         Summary of Principal Accounting Policies - Assets   HTML     45K 
                Measured at Fair Value on Non-Recurring Basis                    
                (Details)                                                        
75: R61         Business Combinations - Additional Information      HTML    112K 
                (Details)                                                        
76: R62         Business Combinations - Summary of Fair Values of   HTML    117K 
                the Assets Acquired and Liabilities (Details)                    
77: R63         Business Combinations - Summary of Fair Values of   HTML     45K 
                the Assets Acquired and Liabilities                              
                (Parenthetical) (Details)                                        
78: R64         Revenue from Contracts with Customers - Summary of  HTML     57K 
                Revenues Disaggregated by Type of Services                       
                (Details)                                                        
79: R65         Revenue from Contracts with Customers - Schedule    HTML     48K 
                of Components of Deferred Revenue (Details)                      
80: R66         Revenue from Contracts with Customers - Additional  HTML     52K 
                Information (Details)                                            
81: R67         Revenue from Contracts with Customers - Additional  HTML     50K 
                Information (Details 1)                                          
82: R68         Revenue from Contracts with Customers - Summary of  HTML     45K 
                Contract Liabilities (Details)                                   
83: R69         Loans Receivable, Net - Summary of Loans            HTML     54K 
                Receivable, Net (Details)                                        
84: R70         Loans Receivable, Net - Aging of past-due loans     HTML     50K 
                receivables (Details)                                            
85: R71         Loans Receivable, Net - Movement of allowance for   HTML     47K 
                loans receivable (Details)                                       
86: R72         Loans Receivable, Net - Additional Information      HTML     58K 
                (Details)                                                        
87: R73         Property and Equipment, Net - Schedule of Property  HTML     59K 
                and Equipment, Net (Details)                                     
88: R74         Property and Equipment, Net - Additional            HTML     50K 
                Information (Details)                                            
89: R75         Property and Equipment, Net - Schedule of           HTML     44K 
                Depreciation Expense (Details)                                   
90: R76         Intangible Assets, Net - Schedule of Intangible     HTML     65K 
                Assets, Net (Details)                                            
91: R77         Intangible Assets, Net - Additional Information     HTML     42K 
                (Details)                                                        
92: R78         Intangible Assets, Net - Schedule of Estimated      HTML     50K 
                Aggregate Amortization Expense (Details)                         
93: R79         Goodwill - Schedule of Changes in Carrying Amount   HTML     42K 
                of Goodwill (Details)                                            
94: R80         Goodwill - Additional Information (Details)         HTML     40K 
95: R81         Long-Term Investments - Schedule of Long-Term       HTML     63K 
                Investments (Details)                                            
96: R82         Long-Term Investments - Additional Information      HTML     73K 
                (Details)                                                        
97: R83         Other Assets - Schedule of Other Assets (Details)   HTML     64K 
98: R84         Bank Loans - Short-term bank loans (Details)        HTML     46K 
99: R85         Bank Loans - Long term bank loans (Details)         HTML     60K 
100: R86         Bank Loans - Schedule of Principal Payments on      HTML     49K  
                Long-Term Borrowings (Details)                                   
101: R87         Accrued Expenses and Other Current Liabilities -    HTML     58K  
                Schedule of Accrued Expenses and Other Current                   
                Liabilities (Details)                                            
102: R88         Other Long-term Liabilities - Deposits (Details)    HTML     38K  
103: R89         Ordinary Shares - Additional Information (Details)  HTML     41K  
104: R90         Hotel Operating Costs - Schedule of Hotel           HTML     56K  
                Operating Costs (Details)                                        
105: R91         Share Based Compensation - Additional Information   HTML     68K  
                (Details)                                                        
106: R92         Share Based Compensation - Schedule of Assumptions  HTML     53K  
                Used to Estimate Fair Value of Share Options                     
                (Details)                                                        
107: R93         Share Based Compensation - Summary of Share Option  HTML     73K  
                Activity Under Option Plans (Details)                            
108: R94         Income Taxes - Additional Information (Details)     HTML     87K  
109: R95         Income Taxes - Summary of Current and Deferred      HTML     48K  
                Components of Income Tax Expense (Details)                       
110: R96         Income Taxes - Reconciliation Between Effective     HTML     52K  
                Income Tax Rate and PRC Statutory Income Tax Rate                
                (Details)                                                        
111: R97         Income Taxes - Components of Deferred Income Tax    HTML     68K  
                Assets and Liabilities (Details)                                 
112: R98         Income Taxes - Summary of Unrecognized Tax Benefit  HTML     44K  
                (Details)                                                        
113: R99         Mainland China Contribution Plan and Profit         HTML     39K  
                Appropriation - Additional Information (Details)                 
114: R100        Statutory Reserves and Restricted Net Assets -      HTML     43K  
                Additional Information (Details)                                 
115: R101        Related Party Transactions and Balances - Schedule  HTML     81K  
                of Related Party Transactions or Balances with the               
                Group (Details)                                                  
116: R102        Related Party Transactions and Balances - Schedule  HTML     68K  
                of Related Party Balances (Details)                              
117: R103        Related Party Transactions and Balances -           HTML     57K  
                Additional Information (Details)                                 
118: R104        Related Party Transactions and Balances - Schedule  HTML     93K  
                of Related Party Transactions (Details)                          
119: R105        Commitments and Contingencies - Schedule of Future  HTML     55K  
                Minimum Lease Payments under Non-Cancellable                     
                Operating Lease Agreements (Details)                             
120: R106        Commitments and Contingencies - Additional          HTML     42K  
                Information (Details)                                            
121: R107        Commitments and Contingencies - Schedule of Future  HTML     52K  
                Minimum Lease Receivables under Non-Cancellable                  
                Operating Leases with Tenants (Details)                          
122: R108        Earnings Per Share - Basic and Diluted Earning Per  HTML     83K  
                Share (Details)                                                  
123: R109        Earnings Per Share - Additional Information         HTML     44K  
                (Details)                                                        
124: R110        Subsequent Events (Details)                         HTML     85K  
125: R111        Parent Company Only Condensed Financial             HTML    153K  
                Information - Condensed Balance Sheets (Details)                 
126: R112        Parent Company Only Condensed Financial             HTML     54K  
                Information - Condensed Balance Sheets                           
                (Parenthetical) (Details)                                        
127: R113        Parent Company Only Condensed Financial             HTML     68K  
                Information - Condensed Statements of Operations                 
                (Details)                                                        
128: R114        Parent Company Only Condensed Financial             HTML    123K  
                Information - Condensed Statements of Cash Flows                 
                (Details)                                                        
131: XML         IDEA XML File -- Filing Summary                      XML    254K  
129: XML         XBRL Instance -- ghg-20211231x20f_htm                XML   4.92M  
130: EXCEL       IDEA Workbook of Financial Reports                  XLSX    192K  
11: EX-101.CAL  XBRL Calculations -- ghg-20211231_cal                XML    367K 
12: EX-101.DEF  XBRL Definitions -- ghg-20211231_def                 XML   1.35M 
13: EX-101.LAB  XBRL Labels -- ghg-20211231_lab                      XML   2.31M 
14: EX-101.PRE  XBRL Presentations -- ghg-20211231_pre               XML   1.88M 
10: EX-101.SCH  XBRL Schema -- ghg-20211231                          XSD    338K 
132: JSON        XBRL Instance as JSON Data -- MetaLinks              664±   989K  
133: ZIP         XBRL Zipped Folder -- 0001558370-22-009130-xbrl      Zip    782K  


‘EX-13.1’   —   Annual or Quarterly Report to Security Holders


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



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Exhibit 13.1

Certification by the Principal Executive Officer

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the annual report of GreenTree Hospitality Group Ltd. (the “Company”) on Form 20-F for the year ended December 31, 2021 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Alex S. Xu, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

(1)

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: May 17, 2022

By:

/s/ Alex S. Xu

Name:

Alex S. Xu

Title:

Chairman and Chief Executive Officer



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘20-F’ Filing    Date    Other Filings
Filed on:5/17/226-K
For Period end:12/31/216-K,  NT 20-F
 List all Filings 


4 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/17/22  GreenTree Hospitality Group Ltd.  6-K         5/17/22    4:506K                                   Toppan Merrill/FA
 3/14/18  Deutsche Bank Tr Co Americas/… Gp F-6                    3:612K GreenTree Hospitality Group Ltd.  White & Case LLP/FA
 3/14/18  GreenTree Hospitality Group Ltd.  F-1/A                  6:5.1M                                   Donnelley … Solutions/FA
 2/27/18  GreenTree Hospitality Group Ltd.  F-1                    7:5M                                     Donnelley … Solutions/FA
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Filing Submission 0001558370-22-009130   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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