Citic Publishing plans to invest 35 million yuan to participate in the establishment of a coffee and catering company.
Citic Publishing (834291) announced on March 29th that the company plans to jointly invest with CP Coffee Business Hong Kong Company Limited ("CP Coffee Hong Kong"), a subsidiary of CP Group, to set up a shareholding company, Coffee King Catering Technology Co., Ltd., with a registered capital of 70 million yuan, of which the company contributed 35 million yuan, accounting for 50% of the registered capital. As there is no relationship between the counterparty and the company, this foreign investment does not constitute a related party transaction.
The data show that after years of development, CP Group has established a complete coffee industry chain, forming a set of mature whole industry chain processes from coffee bean planting, baking, equipment sales and maintenance, logistics and transportation to barista training, network construction, store operation, brand design and so on.
According to the company, the company jointly funded the establishment of a coffee catering company with subsidiaries of CP Group. The aim is to make full use of CP Group's experience in operating coffee in Thailand and the existing retail outlets and local retail experience of Citic Bookstore, a wholly-owned subsidiary of the company, to jointly develop the Chinese coffee market. This overseas investment is conducive to the construction of the company's "smart life" retail system and the diversified development of CITIC Bookstore.
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Chenghua Yijia gives away 100000 cups of free coffee a year.
In March, when the spring was in full bloom, IKEA Ikea celebrated the first anniversary of two stores in Chengdu with a spring-themed outdoor party. Ikea Chenghua Mall also ushered in its first birthday. The number of members of Ikea Chengdu exceeded 1.2 million in 2016 under the pattern of two stores in one city. Chenghua Store opened one year to provide members with 100000 cups of free coffee during the anniversary celebration.
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A coffee shop in Zhengzhou was closed after spending thousands of yuan to get a card for only three times.
Mr. Sun, a citizen, telephoned the Dahe client of Dahe Daily to reflect that he bought a 1000 yuan savings card in Diou Coffee (Fengchong Road store) in April last year, and the store was suddenly closed only three times. Subsequently, the phone complaint went to Dior Coffee headquarters, which has not been resolved so far. Today, after Dahe newspaper Dahe client reporter intervened, the coffee shop headquarters branch agreed to refund the remaining 900 yuan. Narration: thousands
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