About BEST FOOD HLDG Company

Baifu is the only investment and management platform for the “new” restaurant brand with a systematic layout in China, built by Hongyi Investment. The Hong Kong stock code is 01488. Up to now, Hongyi and Baifu have continuously invested in or acquired 14 well-known restaurant brands: PizzaMarzano (Pizza Marzano), Hehegu, New Spicy Fish Hot Pot, Quanjincheng Roast Beef, Quanwei, Master Xi Shaowei Meat Sandwich, Sweet Noodle Salad, Big Fran, Yue Xiaopin, Mina Xiaodan, Zihuang Cao, SeeSawCoffee, and Fuku Spicy Hot Pot. Established in 2003, Hongyi Investment is a leading investment management agency in China. It is a member company of Lenovo Holdings, with the core concept of “value creation and price realization”. Hongyi Investment focuses on the Chinese market and has invested in more than 100 Chinese and foreign companies in the fields of healthcare, consumer and catering, cultural media, environmental protection and new energy, high-end manufacturing, etc., including CSPC Group, Zhonglian Heavy Industries, CITI Holdings, Jinjiang shares, Xinao shares, PizzaExpress (UK), STX (US), WeWork (US), Tianjing Biotech, COFCO Capital, and Zhonglian Sanitation. The total asset value of these enterprises is about 2.9 trillion yuan, and the overall sales volume is about 860 billion yuan, providing more than 0.45 million jobs for the community.