H World Group Limited (HTHT) Q4 2022 Earnings Call Transcript

H World Group Limited (NASDAQ:HTHT) Q4 2022 Earnings Conference Call March 27, 2023 9:00 PM ET

Company Participants

Jason Chen - Director, Investor Relations

Qi Ji - Chairman

Hui Jin - CEO

Jihong He - CFO

Ye Fei - President

Conference Call Participants

Ronald Leung - Bank of America

Simon Cheung - Goldman Sachs

Sijie Lin - CICC

Operator

Good day and thank you for standing by. Welcome to the H World Q4 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator instructions]

I'd now like to hand the conference over to your speaker today. Jason Chen, Investor Relations Director. Please go in.

Jason Chen

Thank you. Good morning and good evening, everyone. Thanks for joining us today. Welcome to H World Group 2022 fourth quarter and full year earnings conference call. Joining us today is our Chairman, Mr. Qi Ji, our CEO, Mr. Hui Jin; our CFO, Ms. Ye Fei, our President, Ms. Hui Jin. Following their prepared remarks, management will be available to answer your questions.

Before we continue, please note that the discussion today will include forward-looking statements made under the safe harbor provision of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, our results may be materially different from the views expressed today. A number of potential risks and uncertainties are outlining in our public findings with the SEC. H World Group does not undertake any obligations to update any forward-looking statements except as required under applicable laws.

On the call today, we'll also mention adjusted financial measures during the discussion of our performance. Reconciliation of those measures to comparable GAAP information can be found in our earnings release that was distributed yesterday. As a reminder, this conference call is being recorded. The webcast of this conference call as well as supplementary slides presentation is available @ir.HWorld.com.

With that, now I will turn the call over to our Chairman, Mr. Qi Ji. Mr. Ji, please.

Qi Ji

Good morning and good evening, everyone. Thank you for joining our call today. 2022 has been very challenging year for our business in China, these strict COVID policies in place for quite a long period of time across country. Our business has been thoroughly impacted as many people expected.