Xiabuxiabu Catering Management (China) 

Xiabuxiabu Catering Management (China) Holdings Co., Ltd. is an investment holding company primarily focused on operating Chinese hotpot restaurants across the People's Republic of China. By December 31, 2021, the company oversaw a significant network of dining establishments. This included 841 Xiabuxiabu-branded restaurants distributed across 132 cities in approximately 21 provinces and three centrally administered municipalities. Additionally, 183 Coucou restaurants were operational in 42 cities throughout roughly 19 provinces, including major urban centers like Beijing, Tianjin, Shanghai, and Hong Kong. Beyond its main restaurant operations, the company also provides catering services and sells a range of products, such as condiments. Its diversified portfolio further encompasses the slaughter, processing, cold storage, and distribution of raw food materials, alongside involvement in construction projects. The company, established in 1998, is headquartered in Beijing, PRC. It operates as a subsidiary of Ying Qi Investments Limited.