综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Companies

Dumpling restaurant prepares for listing

(China Daily) Updated: 2015-08-04 07:27

Dumpling restaurant prepares for listing

The manager of the Qing Feng Steamed Dumpling Shop in Beijing serves customers. People flocked to the shop after President Xi Jinping dined there. [Cheng Liang / for China Daily]

A steamed-bun shop in Beijing that made headlines when President Xi Jinping tasted its offerings in a surprise visit in 2013 is planning to go public next year.

Qing-Feng Steamed Dumpling Shop plans to float the company on the New Third Board, the pilot trading platform for small and medium-sized enterprises in China, as the traditional brand aims for rapid expansion.

"If everything goes well, Qing-Feng will be publicly traded as early as next March or April," said Gao Wenhui, general manager of Qing-Feng Steamed Dumpling Shop.

Gao said Qing-Feng will go public through a reverse merger, because the steamed-bun shop is a purely State-owned company. If the company wants to get listed directly, it should first be restructured into a shareholding enterprise and then operate for at least two years before being listed.

"To expedite the process, which may take three years, we plan to do a backdoor listing by injecting our assets into a joint enterprise owned by our parent company Huatian, and rebrand the name after the shell corporation gets listed," she said.

Zhang Liang, a senior analyst at Guangzhou-based research agency Huashang College, said Qing-Feng holds substantial appeal to investors.

"Qing-Feng is a well-established player in the middle-end culinary sector. Its fast growth and 100 percent State-owned identity will lure a number of investors," Zhang said.

Far more food companies are listed in the United States compared with China, where there are fewer than 20 listed companies, Zhang noted.

"More Chinese culinary companies should have gone public because they often boast stable profits or see steady growth," Zhang added.

The listing plan comes amid the company's intensified efforts to expand business in China. "By 2020, we will have 1,000 outlets nationwide, with 80 percent of them run by franchisees," Gao said.

Currently, the traditional brand operates over 300 outlets, with 262 of them scattered around Beijing.

"This is an ambitious yet possible target," said Zhu Dan, an analyst at Beijing-based Chinese Food Research Center. "With the increasing consumption power of Chinese people and its growing popularity, boosted by President Xi's visit, it is time for well-grounded Qing-Feng to shine."

Qing-Feng was put under the spotlight when Xi visited its branch on Yuetan North Street in Beijing on Dec 28, 2013, which drew a large crowd.

Since then, many diners wait in line and opt for the set meal that Xi ordered-six traditional steamed dumplings and some vegetables.

Ma Si contributed to this story.

Hot Topics

Editor's Picks
...
留坝县| 云安县| 分宜县| 抚松县| 柯坪县| 武安市| 万全县| 双柏县| 开江县| 泾源县| 微博| 沈阳市| 泗水县| 交城县| 越西县| 兴义市| 元氏县| 余庆县| 恩施市| 唐河县| 襄樊市| 孙吴县| 沁阳市| 仁寿县| 祥云县| 裕民县| 金山区| 宁波市| 定陶县| 社旗县| 新密市| 临邑县| 五指山市| 梁河县| 南丹县| 长沙市| 恩施市| 寻乌县| 镇巴县| 鄢陵县| 丰宁|