GreenTree Hospitality Group Ltd. provided revenue guidance for the third quarter and full year of fiscal 2020. Due to the impact of COVID-19, the Company expects a decline in total revenues in the third quarter of 2020 of 8%-13% year-over-year. The Company expects a decline in total revenues of 10%-15% for the full year 2020, compared to 2019. The guidance reflects the Company's current and preliminary views based on recovery speed and may not be indicative of the final financial results for future interim periods and the full year.