定了！汉堡王中国业务，易主！

Core Insights - CPE Yuanfeng has invested $350 million to acquire an 83% stake in Burger King China, marking a significant strategic partnership with RBI, the parent company of Burger King [1][3][4] Group 1: Market Context - Burger King China has shown signs of fatigue in business growth, with only 257 new stores opened in 2023 and a projected 109 in 2024, while only 26 new stores are expected to open from 2025 onwards [3] - The average annual sales per store in China for 2024 is projected to be $400,000, significantly lower than over $1 million in other international markets [3] Group 2: Strategic Plans - RBI plans to open 3,000 new stores in Asia over the next five years, with half of these expected to be in China, indicating a strong commitment to the Chinese market despite current challenges [3][5] - The partnership will involve a 20-year master development agreement granting exclusive rights to develop the Burger King brand in China, with CPE Yuanfeng holding 83% and RBI retaining 17% of the stake [4] Group 3: Investment and Growth Potential - CPE Yuanfeng will inject $350 million into Burger King China to support restaurant expansion, marketing, menu innovation, and operational improvements, aiming to capitalize on China's fast-growing consumer market [3][5] - The goal is to expand the number of Burger King locations in China from approximately 1,250 to over 4,000 by 2035, while achieving sustainable same-store growth [5]