We are a leading, fast-growing multi-brand hotel group in China with international operations. As of June 30, 2020, we had 6,187 hotels in operation, including 758 leased and owned hotels and 5,429 manachised and franchised hotels, with an aggregate of 599,235 hotel rooms. Brands are the bedrock of our success. In over a decade, we grew from an economy hotel chain to a multi-brand hotel group covering the full spectrum of market segments. Leveraging our consumer insights and our capability to deliver innovative and trend-setting products, we now operate a portfolio of over 20 distinct hotel brands. In addition, we have developed a vast base of loyal and engaged customers under our H Rewards loyalty program which covers all of our brands and had approximately 153 million members as of December 31, 2019. Moreover, our industry-leading, proprietary technology infrastructure enable us to enhances customer experience, increases our operational efficiency, and supports our fast growth. Leveraging our strong brand recognition, massive member traffic, and robust technology infrastructure, we have pioneered a business operating system designed to enhance hotel operations across all fronts.