SCHEDULE: Allspring Global Investments Discloses 6.9% Stake in GreenTree Hospitality Group

Allspring Global Investments Holdings, LLC has filed an amended Schedule 13G, reporting a 6.9% beneficial ownership stake in GreenTree Hospitality Group Ltd. as of June 30, 2025.

Summary

• Allspring Global Investments Holdings, LLC, a Delaware-based parent holding company, has filed an Amendment No. 3 to Schedule 13G regarding its beneficial ownership in GreenTree Hospitality Group Ltd.
• As of June 30, 2025, Allspring Global Investments Holdings, LLC beneficially owns 4,616,852 Depositary Receipt S ADRs of GreenTree Hospitality Group Ltd.
• This ownership represents 6.9% of the class of securities.
• Allspring Global Investments Holdings, LLC holds sole voting power over 4,328,929 shares and sole dispositive power over 4,616,852 shares, with no shared voting or dispositive power.
• The securities are owned of record by clients of Investment Advisers, including Allspring Global Investments, LLC and Allspring Funds Management, LLC, which are directly or indirectly owned by Allspring Global Investments Holdings, LLC.
• Allspring Global Investments, LLC is noted as an entity that beneficially owns 5% or greater of the outstanding shares of the security class.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing disclosing beneficial ownership and does not contain information that inherently indicates positive or negative sentiment regarding the issuer's performance or outlook.

Positives

• The disclosure of a significant 6.9% stake by a major institutional investor like Allspring Global Investments Holdings, LLC can be viewed as a vote of confidence in GreenTree Hospitality Group Ltd.

Management Comments

• Jennifer Grunberg, Senior Compliance Manager for Allspring Global Investments Holdings, LLC, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

This filing is a standard regulatory disclosure of significant beneficial ownership by an institutional investor, providing transparency into major holdings within publicly traded companies. Such disclosures are routine in the capital markets and reflect ongoing portfolio management activities by large investment firms.

Stakeholder Impact

• Shareholders of GreenTree Hospitality Group Ltd. gain transparency regarding the significant institutional ownership stake held by Allspring Global Investments Holdings, LLC, which can influence investor perception and confidence.

Key Dates

Keywords

GreenTree Hospitality Group, Allspring Global Investments, Schedule 13G, Beneficial Ownership, ADR, Institutional Investor, Hospitality, SEC Filing