Baifu is China's only investment and management platform built by Hongyi Investment for the “New” Restaurant brand with a systematic layout. The Hong Kong stock code is 01488. Up to now, Hongyi and Baifu have continuously invested in or acquired 14 well-known food and beverage brands: PizzAmarzano (Pizza Marzano), Hehegu, New Spicy Fish Hot Pot, Quanjincheng Roast Beef, Quan Wei, Grandpa Xi's Meat Sandwich, Encounter Small Noodle, Luscious Salad, Grand Fran, Yue Xiaopin, Mui Ne Xiao Guan, Zaihuang Hot Pot, SeeSawCoffee, and Fukke Spicy Pan. Established in 2003, Hongyi Investment is a leading investment management agency in China. It is a member company of Lenovo Holdings, with “value creation and price realization” as its core philosophy. Hongyi Investment focuses on the Chinese market and has invested in more than 100 Chinese and foreign companies in the fields of healthcare, consumption and catering, cultural media, environmental protection and new energy, high-end manufacturing, etc., including Shiyao Group, China Union Heavy Industries, CITI Holdings, Jinjiang Co., Ltd., Xinao Co., Ltd., PizzaExpress (UK), STX (US), WeWork (US), Tianjing Biotech, COFCO Capital, China United Sanitation, etc. The total asset value of these enterprises is about 2.9 trillion yuan, and the total sales volume is about 860 billion yuan, providing more than 450,000 jobs to the community.
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