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Yoshiharu Announces Strategic Partnership with Xing Sheng Group to Open Flagship Restaurant in Shenyang, China
Yoshiharu Global Co. (NASDAQ: YOSH) has entered a non-binding MoU with Xing Sheng Group to open its first international flagship restaurant in Shenyang, China. The agreement, through a Master License Agreement for Liaoning Province, will see Yoshiharu partner with Shenyang Yongsheng Seven Stars Tourism Development Co. to develop a location within China's largest water park currently under construction.
This strategic move follows Yoshiharu's recent expansion into Las Vegas and aims to introduce the brand to the Chinese market. Shenyang, the capital of Liaoning Province with a population of over 43 million, offers a prime opportunity for Yoshiharu to cater to both local residents and tourists. The company views this partnership as a potential springboard for further expansion across China, leveraging Xing Sheng Group's network of 17 subsidiaries in major Chinese cities.
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