{"filing": {"accession": "0001213900-26-050417", "cik": "0001724755", "ticker": "GHG", "company_name": "GreenTree Hospitality Group Ltd.", "form_type": "20-F", "filing_type": "20-F", "filing_date": "2026-04-30", "accepted_datetime": null, "acceptance_datetime": null, "accepted_at": null, "primary_doc_url": "https://www.sec.gov/Archives/edgar/data/1724755/000121390026050417/0001213900-26-050417-index.htm", "filing_url": "https://www.sec.gov/Archives/edgar/data/1724755/000121390026050417/0001213900-26-050417-index.htm", "period_of_report": "2025-12-31"}, "html_url": "/api/filings/000121390026050417/stream", "exhibits": [], "sections": [{"section_name": "part_1", "section_title": "Part I", "start_position": 6133, "end_position": 6830}, {"section_name": "part_2", "section_title": "Part II", "start_position": 6830, "end_position": 7681}, {"section_name": "part_3", "section_title": "Part III", "start_position": 7681, "end_position": 744419}], "tables": [{"table_index": 0, "table_type": "text", "caption": null, "header_text": "Title of each classTrading Symbol(s)Name of each exchange on which registered"}, {"table_index": 3, "table_type": "text", "caption": null, "header_text": "U.S. GAAP\u2612International Financial Reporting Standards as issuedOther \u2610"}, {"table_index": 4, "table_type": "exhibit_index", "caption": null, "header_text": "Page"}, {"table_index": 97, "table_type": "text", "caption": null, "header_text": "Contracted"}, {"table_index": 98, "table_type": "text", "caption": null, "header_text": "Contracted"}, {"table_index": 99, "table_type": "text", "caption": null, "header_text": "Number ofNumber ofAverage"}, {"table_index": 100, "table_type": "text", "caption": null, "header_text": "As\n of December 31,"}, {"table_index": 101, "table_type": "text", "caption": null, "header_text": ".For\n the Year Ended December 31,"}, {"table_index": 103, "table_type": "text", "caption": null, "header_text": "BrandsNumber ofhotelsin operation as ofDecember 31,2025Number of hotelscontracted for or underdevelopment as ofDecember 31,2025"}, {"table_index": 104, "table_type": "text", "caption": null, "header_text": "Age Group"}, {"table_index": 126, "table_type": "text", "caption": null, "header_text": "Year Ended December 31,"}, {"table_index": 127, "table_type": "text", "caption": null, "header_text": "Year Ended December 31,"}, {"table_index": 129, "table_type": "financial", "caption": null, "header_text": "Year Ended December 31,"}, {"table_index": 133, "table_type": "financial", "caption": null, "header_text": "Year Ended December 31, 2023"}, {"table_index": 134, "table_type": "financial", "caption": null, "header_text": "Year Ended December 31, 2024"}, {"table_index": 135, "table_type": "financial", "caption": null, "header_text": "Year Ended December 31, 2025"}, {"table_index": 136, "table_type": "financial", "caption": null, "header_text": "202320242025"}, {"table_index": 138, "table_type": "financial", "caption": null, "header_text": "202320242025"}, {"table_index": 143, "table_type": "financial", "caption": null, "header_text": "202320242025"}, {"table_index": 144, "table_type": "financial", "caption": null, "header_text": "Year Ended December 31, 2023"}, {"table_index": 145, "table_type": "financial", "caption": null, "header_text": "Year Ended December 31, 2024"}, {"table_index": 146, "table_type": "financial", "caption": null, "header_text": "Year Ended December 31, 2025"}, {"table_index": 147, "table_type": "financial", "caption": null, "header_text": "\u25cfOperating\n costs.Our hotel and restaurant operating costs consist of costs and expenses directly attributable to the operations of our\n franchised-and-managed and leased-and-operated hotels and resta"}, {"table_index": 149, "table_type": "financial", "caption": null, "header_text": "Year Ended\n December 31, 2023"}, {"table_index": 150, "table_type": "financial", "caption": null, "header_text": "Year Ended December 31, 2024"}, {"table_index": 151, "table_type": "financial", "caption": null, "header_text": "Year Ended December 31, 2025"}, {"table_index": 152, "table_type": "text", "caption": null, "header_text": "As of December 31,"}, {"table_index": 153, "table_type": "text", "caption": null, "header_text": "Year Ended\n December 31,"}, {"table_index": 156, "table_type": "text", "caption": null, "header_text": "Year Ended December 31,"}, {"table_index": 161, "table_type": "text", "caption": null, "header_text": "NameAgePosition/Title"}, {"table_index": 163, "table_type": "text", "caption": null, "header_text": "Number\n of"}, {"table_index": 191, "table_type": "text", "caption": null, "header_text": "Beneficially OwnedBeneficially OwnedPercentage of"}, {"table_index": 192, "table_type": "text", "caption": null, "header_text": "(1)Represents (i) 56,589,300\n Class A ordinary shares and (ii) 34,762,909 Class B ordinary shares held by GTI. 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