STOCKHOLM, July 1, 2026 /PRNewswire/ — AB Electrolux has, as previously announced, carried out a rights issue of shares of Class A and Class B, which has resulted in changes in the number of shares and votes in AB Electrolux. Through the rights issue, the final outcome of which was announced by press release on June 22, 2026, the number of shares has increased by 540,992,636, of which 16,383,608 Class A shares and 524,609,028 Class B shares and the number of votes has increased by 68,844,510.8. 

In addition, during June 2026, at the request of shareholder in accordance with the conversion clause in the Articles of Association, conversion of 797,821 Class A shares into the same number of Class B shares has been carried out. Through the conversion, the number of votes has decreased by 718,038.9.  

As of June 30, 2026, there are in total 824,070,029 shares in AB Electrolux, of which 23,777,591 Class A shares, corresponding to 23,777,591 votes, and 800,292,438 Class B shares, corresponding to 80,029,243.8 votes, corresponding to 103,806,834.8 votes in total.  

This disclosure contains information that Electrolux Group is obliged to make public pursuant to the Financial Instruments Trading Act (1991:980). The information was submitted for publication, through the agency of the contact person, on 30-06-2026 17:30 CET.

CONTACT:

For more information:

Ann-Sofi Jönsson, Head of Investor Relations & Sustainability Reporting, +46 73 025 1005

Maria Åkerhielm, Investor Relations Manager, +46 70 796 3856

Henry Sjölin, Investor Relations Manager, +46 76 863 51 85

Electrolux Group Press Hotline, +46 8 657 65 07

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SALE INCLUDES STORIED GERMAN MESSERSCHMITT 109, E1 -WHICH DOCUMENTS DOWNED BRITISH RAF SPITFIRE AS “FIRST KILL” -AUGUST 10^TH 1940 AND ANOTHER OVER ENGLAND, SEPTEMBER 10^TH 1940.

GERMAN ACE PILOT HANS-JOACHIM MARSEILLE -LATER BELLY LANDS IN CALAIS-MARCK FRANCE. OTHER CAMPAIGN PROVENANCE INCLUDES ADDITIONAL COMBAT MISSIONS AND 2^ND CRASH LANDING ON RUSSIAN FRONT-LINE. 2^ND AUGUST 1942.

DALLAS, June 30, 2026 /PRNewswire/ — Two extremely rare and valuable historical military Aircraft are being offered on a bid submission basis and are to be sold out of an Australian owned private collection in a global tender.

The immaculately restored and kept Messerschmitt 109 E1 W.NR 3579 and HISPANO HA -1112 – M4L BUCHON ‘RED 11’ are unique as they are rare and each are sold with fully documented, verifiable history and restoration records.

The BUCHON was the star aircraft used in the filming of the 1968 Film -Battle of Britain and was flown by German Luftwaffe Ace pilot Adolf Galland in the movie.

The Messerschmitt ME 109 is widely regarded as one of the most significant surviving fighter aircraft of the Second World War. It is believed that only two or three original German-built ME 109s remain today, and this aircraft is among that exceptionally rare group. The vast majority of these iconic fighters were destroyed during wartime operations or subsequently lost, making surviving examples of this caliber extraordinarily scarce.

This aircraft possesses extensive and historically important wartime combat provenance, representing a tangible link to one of the most consequential periods in aviation history. It is a unique and irreplaceable example of World War II heritage. 

The aircraft has undergone comprehensive restoration of the highest standard of authenticity and preservation. The airframe has been fully restored and maintained in flying configuration, and its original Daimler-Benz engine, has undergone specialist refurbishment in Germany and will shortly be reinstalled. The aircraft is expected to return to full flying status subject to the applicable inspections, certifications and regulatory requirements. The restoration and preservation work completed to date positions the aircraft as one of the very few surviving Messerschmitt ME 109s capable of returning to operational flight, distinguishing it from any museum held warbird and further enhancing its rarity, historical significance and collector appeal. 

Digital Books:

Messerschmitt 109 E1 W.NR 3579

Hispano HA-1112-M4L Buchon Red 11
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All photos

All videos

These Aircraft are likely two of the most storied and well documented aircraft of their kind available on the open market today. They are available in combined or separate transactions. The bid and sale process is being handled by Icon Global Private Client Services, in Dallas Texas USA.

Icon Global is renowned for its marketing and sales of unique real estate globally.

Icon’s Bernard Uechtritz stated, “throughout our continued growth and accomplishments within unique and exclusive property sales, we are often approached to help privately place and transact through our global network some pretty incredible and unique personal property and oftentimes incredible collections of non-realty items including art, vehicles, aircraft and other non-real estate items. As a kid who grew up in Papua New Guinea with a passion for finding and collecting weapons and relics of military vehicles and aircraft of the Japanese, Australian and American conflict in the Pacific, the opportunity to place these two incredibly important and historic aircraft is both fun and important to me. Icon private client services was formalized to facilitate exactly this as an additional service to our main body of work and clientele.”

• Total revenues decreased by 14.0% year over year to RMB227.7 million (US$33.0 million)^[1].
• Income from operations was RMB28.7 million (US$4.2 million) ^[1]  compared to RMB11.3 million for the first quarter of 2025.
• Net income was RMB14.0 million (US$2.0 million)^[1] compared to RMB7.8 million for the first quarter of 2025.
• Core net income (non-GAAP)^[3] increased 31.7% year over year to RMB23.9 million (US$3.5 million)^[1].
• Cash from operations maintained nearly stable year over year to RMB58.1 million (US$8.4 million)^[1].

SHANGHAI, June 30, 2026 /PRNewswire/ — GreenTree Hospitality Group Ltd. (NYSE: GHG) (“GreenTree”, the “Company”, “we”, “us” and “our”), a leading hospitality and restaurant management group in China, today announced its unaudited financial results for the first quarter of 2026.

First Quarter of 2026 Operational Highlights

Hotels

• A total of 4,605 hotels with 328,646 hotel rooms were in operation as of March 31, 2026.
• The Company opened 43 hotels and had a pipeline of 1,268 hotels contracted for or under development as of March 31, 2026.
• The average daily room rate was RMB152, a decrease of 3.4% from RMB157 in the first quarter of 2025.
• The occupancy rate was 62.5%, decreased from 64.0% in the first quarter of 2025.
• Revenue per available room, or RevPAR, was RMB95, a 5.7% year-over-year decrease. 

Restaurants

• A total of 192 restaurants were in operation as of March 31, 2026
• The AC (average check) was RMB45, a 7.6% year-over-year decrease.
• The ADT (average daily tickets) was 73, decreased from 83 in the first quarter of 2025.
• The ADS (average daily sales per store) was RMB3,270, a decrease of 18.8% from RMB4,029 in the first quarter of 2025.

First Quarter Of 2026 Financial Results

Total revenues were RMB227.7 million (US$33.0 million)^[1]，a 14.0% year-over-year decrease.  

Hotel revenues were RMB188.7 million (US$27.4 million)^[1], an 11.4% year-over-year decrease due to a 5.7% year-over-year decrease in Revpar and a net closure of 13 L&O hotels since the first quarter of 2025 due to lease expiration and strategic reviews. The decrease was partially offset by revenues from new openings.

Restaurant revenues were RMB39.1 million (US$5.7 million)^[1], a 24.6% year-over-year decrease, mainly due to an 18.8% decrease in ADS and a net closure of 3 L&O stores since the first quarter of 2025 due to strategic reviews, offset by revenues from new F&M store openings.

Total revenues from leased-and-operated, or L&O, hotels and restaurants were RMB94.5 million (US$13.7 million)^[1], a 20.4% year-over-year decrease.

Total revenues from L&O hotels were RMB74.5 million (US$10.8 million)^[1], a 15.5% year-over-year decrease. The decrease was primarily attributable to an 8.2% year-over-year decrease in the first quarter RevPAR of L&O hotels, a net closure of 13 L&O hotels since the first quarter of 2025, and the reduction in sublease revenues resulting from the closure of L&O hotels.

Total revenues from L&O restaurants were RMB20.0 million (US$2.9 million)^[1], a 34.7% year-over-year decrease, mainly due to a net closure of 3 L&O stores and the year-over-year decrease of 18.1% in L&O store’s ADS.

Total revenues from franchised-and-managed, or F&M, hotels and restaurants were RMB115.3 million (US$16.7 million)^[1], an 8.2% year-over-year decrease.

Total revenues from F&M hotels were RMB113.4 million (US$16.4 million)^[1], an 8.5% year-over-year decrease, primary due to a 5.6% decrease in F&M hotels’ Revpar, an exemption of management fees for hotels facing business difficulties, and a decline of RMB1.5 million in membership revenues. Considering the ongoing impact from exemptions, we have assessed this impact since the first quarter of 2026 and adjusted the corresponding data of 2025 on a comparable basis. The decrease in membership revenues was partially due to the amortization cycle started from the pandemic period three years ago, in which the sales of membership cards were historically underperformed.

Total revenues from F&M restaurants were RMB1.9 million (US$0.3 million)^[1], a 10.2% year-over-year increase, mainly due to an increase of 6.6% in the number of F&M stores.

Total revenues from wholesale and others were RMB17.9 million (US$2.6 million)^[1], a 12.2% year-over-year decrease, mainly due to the decline in the wholesale segment of the restaurant business.

Total operating costs and expenses

Operating costs were RMB158.8 million (US$23.0 million)^[1], a 15.2% year-over-year decrease.

Operating costs of the hotel business were RMB125.0 million (US$18.1 million)^[1], a 12.4% year-over-year decrease. The decrease was mainly attributable to lower depreciation and amortization, lower staff related costs, and lower rental costs caused by the net closure of 13 L&O hotels since the first quarter of 2025.

Operating costs of the restaurant business in the first quarter of 2026 were RMB33.8 million (US$ 4.9 million)^[1], a 24.1% year-over-year decrease, due to the closure of L&O stores.

Selling and marketing expenses were RMB11.4 million (US$1.7 million)^[1], a 33.0% year-over-year decrease.

Selling and marketing expenses of the hotel business were RMB9.2 million (US$1.3 million)^[1], a 36.6% year-over-year decrease. The decrease was mainly due to lower staff related expenses.

Selling and marketing expenses of the restaurant business were RMB2.2 million (US$0.3 million)^[1], an 11.9% year-over-year decrease, mainly attributable to lower sales staff related expenses and lower sales-channel commissions.

General and administrative, or G&A expenses were RMB27.0 million (US$3.9 million)^[1], a 42.5% year-over-year decrease.

G&A expenses of the hotel business were RMB24.1 million (US$3.5 million)^[1], a 42.2% year-over-year decrease. The decrease was mainly due to lower staff G&A staff related expenses, lower credit losses for accounts receivable and lower consulting fees.

G&A expenses of the restaurant business were RMB2.9 million (US$0.4 million)^[1], a 44.6% year-over-year decrease, mainly due to lower G&A staff related expenses and lower credit losses for accounts receivable.

Other operating expenses were RMB3.2 million (US$0.5 million)^[1], mainly due to the disposal of L&O hotel assets.

Other general expenses were RMB5.1 million (US$0.7 million)^[1], mainly due to provisions for loan receivables related to franchisee loans.

Gross profit was RMB68.9 million (US$10.0 million)^[1], a year-over-year decrease of 11.1%. Gross margin was 30.3%, compared to 29.3% a year ago. The gross profit of the hotel business was RMB63.7 million (US$9.2 million)^[1], a 9.3% year-over-year decrease. The gross profit of the restaurant business was RMB5.3 million (US$0.8 million)^[1], a 28.2% year-over-year decrease.

Income from operations in the first quarter of 2026 was RMB28.7 million (US$4.2 million)^[1], compared to income from operations of RMB11.3 million in the first quarter of 2025, with a margin of 12.6%. The increased profitability was mainly attributable to lower operating costs and expenses, despite the decline in revenue.

Income from operations of the hotel business was RMB28.5 million (US$4.1 million)^[1], compared to an income from operations of RMB11.8 million in the first quarter of 2025, with a margin of 15.1%.

Income from operations of the restaurant business in the first quarter of 2026 was RMB0.1 million (US$18.9 k)^[1], compared to loss from operations of RMB0.5 million in the first quarter of 2025, with a margin of 0.3%.

Net income in the first quarter of 2026 was RMB14.0 million (US$2.0 million)^[1], compared to a net income of RMB7.8 million in the first quarter of 2025, and net margin was 6.2%.

Net income of the hotel business was RMB14.3 million (US$2.1 million)^[1], compared to a net income of RMB8.5 million in the first quarter of 2025, and net margin was 7.6%.

Net loss of the restaurant business in the first quarter of 2026 was RMB0.3 million (US$46.1 k)^[1], compared to a net loss of RMB0.7 million in the first quarter of 2025, and net margin was -0.8%.

Adjusted EBITDA (non-GAAP)^[2] in the first quarter of 2026 was RMB53.2 million (US$7.7 million)^[1], a year-over-year increase of 34.3%. Adjusted EBITDA margin, defined as adjusted EBITDA (non-GAAP) as a percentage of total revenues, was 23.4%, compared to 15.0% a year ago.

Core net income (non-GAAP) in the first quarter of 2026 was RMB23.9 million (US$3.5 million)^[1], a year-over-year increase of 31.7%. The core net margin, defined as core net income (non-GAAP) as a percentage of total revenues, was 10.5%, compared to 6.8% one year ago.

Earnings per American Depositary Share, or ADS, (basic and diluted) were RMB0.15 (US$0.02)^[1], increased from RMB0.09 one year ago.

Core net income per ADS (basic and diluted) (non-GAAP) was RMB0.24 (US$0.03)^[1], increased from RMB0.18 a year ago.

Cash flow Operating cash inflow in the first quarter of 2026 was RMB58.1 million (US$8.4 million) as a result of income from operations. Investing cash outflow was RMB50.3 million (US$7.3 million)^[1], which was primarily due to advance payment for the purchase of strategic assets. Financing cash inflow was RMB46.8 million (US$6.8 million)^[1],mainly due to proceeds from bank borrowings for the purpose of purchase of strategic assets.

Cash and cash equivalents, restricted cash, short-term investments, investments in equity securities and time deposits. As of March 31, 2026, the Company had total cash and cash equivalents, restricted cash, short term investments, investments in equity securities and time deposits of RMB2,010.2 million (US$291.4 million)^[1],compared to RMB1,964.0 million as of December 31, 2025. The increase was mainly attributable to cash from operating activities and proceeds from bank borrowings. The bank borrowings were simultaneously paid for the purchase of strategic assets.

Guidance

Taking into account the strategic reviews leading to the closure of L&O hotels and the standardization process resulting in a slowdown in hotel openings, we expect the total revenues of our organic hotel business to -10% ~ -15% year over year.

The guidance set forth above reflects the Company’s current and preliminary views based on its recovery and may not be indicative of the final financial results for any future periods or the full year.

Use of Non-GAAP Financial Measures

We believe that Adjusted EBITDA and core net income, as we present them, are useful financial metrics to assess our operating and financial performance before the impact of investing and financing transactions, income taxes and certain non-core and non-recurring items in our financial statements.

The presentation of Adjusted EBITDA and core net income should not be construed as an indication that our future results will be unaffected by other charges and gains we consider to be outside the ordinary course of our business.

The use of Adjusted EBITDA and core net income has certain limitations because it does not reflect all items of income and expenses that affect our operations. Items excluded from Adjusted EBITDA and core net income are significant components in understanding and assessing our operating and financial performance. Depreciation and amortization expense for various long-term assets, income tax and share-based compensation have been and will be incurred and are not reflected in the presentation of Adjusted EBITDA. Each of these items should also be considered in the overall evaluation of our results. Additionally, Adjusted EBITDA and core net income do not consider capital expenditures and other investing activities and should not be considered as a measure of our liquidity. We compensate for these limitations by providing the relevant disclosure of our depreciation and amortization, interest expense/income, gains/losses from investments in equity securities, income tax expenses, share-based compensation, share of loss in equity investees, government subsidies and other relevant items both in our reconciliations to the corresponding U.S. GAAP financial measures and in our consolidated financial statements, all of which should be considered when evaluating our performance.

The terms Adjusted EBITDA and core net income are not defined under U.S. GAAP, and Adjusted EBITDA and core net income are not measures of net income, operating income, operating performance or liquidity presented in accordance with U.S. GAAP. When assessing our operating and financial performance, you should not consider this data in isolation or as a substitute for our net income, operating income or any other operating performance measure that is calculated in accordance with U.S. GAAP. In addition, our Adjusted EBITDA and core net income may not be comparable to Adjusted EBITDA and core net income or similarly titled measures utilized by other companies since such other companies may not calculate Adjusted EBITDA and core net income in the same manner as we do.

Reconciliations of the Company’s non-GAAP financial measures, including Adjusted EBITDA and core net income, to the consolidated statement of operations information are included at the end of this press release.

About GreenTree Hospitality Group Ltd.

GreenTree Hospitality Group Ltd. (“GreenTree” or the “Company”) (NYSE: GHG) is a leading hospitality and restaurant management group in China. As of March 31, 2026, GreenTree had a total number of 4,605 hotels and 192 restaurants. GreenTree was the fourth largest hospitality company in China in 2025 according to the China Hospitality Association. In 2024, HOTELS magazine ranked GreenTree 13th among the 225 largest global hotel groups in terms of number of hotels in its annual HOTELS’ 225.

GreenTree has a broad portfolio of diverse brands spanning from the economy to mid-scale, up-scale and luxury segments of the hospitality industry mainly in China. Through its strong membership base, expansive booking network, and efficient system, GreenTree aims to keep closer relationships with all of its clients and partners by providing a diverse brand portfolio that features comfort, style and value.

For more information on GreenTree, please visit http://ir.998.com

Safe Harbor Statements

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” “confident,” “future,” or other similar expressions. GreenTree may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about or based on GreenTree’s current beliefs, expectations, assumptions, estimates and projections about us and our industry, are forward-looking statements that involve known and unknown factors, risks and uncertainties that may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Such factors and risks include, but not limited to the following: GreenTree’s goals and growth strategies; its future business development, financial condition and results of operations; trends in the hospitality industry in China and globally; competition in our industry; fluctuations in general economic and business conditions in China and other regions where we operate; the regulatory environment in which we and our franchisees operate; and assumptions underlying or related to any of the foregoing. You should not place undue reliance on these forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided, including the forward-looking statements made, in this press release are current as of the date of the press release. Except as required by law, GreenTree undertakes no obligation to update any such information or forward-looking statements to reflect events or circumstances after the date on which the information is provided or statements are made, or to reflect the occurrence of unanticipated events.

Financial Tables and Operational Data Follow

Hotel Operational Data

Restaurant Operational Data

For more information, please contact:

GreenTree

Ms. Selina Yang
Phone: +86-158-2166-6251
E-mail: ir@998.com

Ms. Hannah Zhang
Phone: +86-182-2560-8592
E-mail: ir@998.com