After the above changes, the executive team of China Lodging Group now consists of Mr. Qi Ji, founder, executive Chairman and Chief Executive Officer, Ms. Min (Jenny) Zhang, Chief Financial Officer, and Mr. Yunhang Xie, Chief Operating Officer. Qi is a successful entrepreneur with extensive experience in travel and hotel industry in China. He founded the Company in 2005 and was also a co-founder of Ctrip.com and Home Inns. Graduating from Harvard Business School with an MBA degree, Jenny has more than 10 years of finance and consulting experience in multinational corporations before joining the Company in 2007."Our executive team represents a strong combination of entrepreneurship and professional experience. Our leadership team today is well calibrated to grow China Lodging Group into a large-scale, multi-brand hotel group in the next five years," concluded Mr. Ji. About China Lodging Group, Limited China Lodging Group, Limited is a leading and high-growth limited-service hotel chain operator in China. The Company provides business and leisure travelers with high-quality, and conveniently-located hotel products under three brands, namely, HanTing Seasons Hotel, HanTing Express Hotel, and HanTing Hi Inn. For more information, please visit the Company's website: http://ir.htinns.com. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The information in this release contains forward-looking statements which involve risks and uncertainties. Such factors and risks include our anticipated growth strategies; our future results of operations and financial condition; the economic conditions of China; the regulatory environment in China; our ability to attract customers and leverage our brand; trends and competition in the lodging industry; the expected growth of the lodging market in China; and other factors and risks detailed in our filings with the Securities and Exchange Commission. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as "may," "should," "will," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," "forecast," "project," or "continue," the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.